Fairtree Asset Management Sells Micron Technology Shares

Investment firm reduces stake in semiconductor manufacturer by 40.5%

Published on Mar. 2, 2026

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Fairtree Asset Management Pty Ltd lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 40.5% in the 3rd quarter, according to the company's recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,962 shares of the semiconductor manufacturer's stock after selling 2,702 shares during the period.

Why it matters

Micron Technology is a major global semiconductor company, and changes in institutional ownership of its stock can provide insights into market sentiment and expectations around the company's performance.

The details

Fairtree Asset Management sold 2,702 shares of Micron Technology, reducing its total stake to 3,962 shares. The firm cited the 3rd quarter filing with the SEC, which showed the reduced position. Micron Technology's stock has seen significant volatility and growth in recent quarters, with the share price rising from around $250 to over $400 during 2026.

  • Fairtree Asset Management lowered its Micron Technology position in the 3rd quarter of 2026.
  • Micron Technology's stock price has ranged from $61.54 to $455.50 over the past 52 weeks.

The players

Fairtree Asset Management Pty Ltd

An institutional investment firm that previously held a position in Micron Technology.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions.

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The takeaway

Micron Technology's stock has seen significant volatility and growth, and changes in institutional ownership can provide insights into market sentiment around the company. This particular sale by Fairtree Asset Management represents a 40.5% reduction in the firm's Micron Technology position.