LGT Group Foundation Reduces Stake in Micron Technology

Semiconductor manufacturer's shares sold by investment firm during Q3 2025

Published on Mar. 9, 2026

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LGT Group Foundation, an investment firm, decreased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 31.3% during the third quarter of 2025, according to a recent 13F filing with the Securities and Exchange Commission (SEC). The firm previously owned 73,377 shares of the semiconductor manufacturer's stock, valued at $13,366,000, but sold 33,475 shares during the quarter.

Why it matters

Micron Technology is a major player in the semiconductor industry, producing memory and storage solutions for a wide range of computing and electronic devices. Changes in institutional ownership of the company's stock can provide insights into market sentiment and potential future performance.

The details

According to the 13F filing, LGT Group Foundation sold 33,475 shares of Micron Technology during the third quarter of 2025, reducing its total position to 73,377 shares. The firm cited portfolio rebalancing and market conditions as the reasons for the sale. Micron Technology's stock has been volatile in recent months, with shares trading between a 52-week low of $61.54 and a 52-week high of $455.50.

  • LGT Group Foundation filed its 13F report for the third quarter of 2025 on September 30, 2025.
  • The firm sold 33,475 shares of Micron Technology during the third quarter of 2025.

The players

LGT Group Foundation

An investment firm that manages a diversified portfolio of assets, including public equities.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions for a wide range of computing and electronic devices.

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The takeaway

The reduction in LGT Group Foundation's stake in Micron Technology reflects the ongoing volatility in the semiconductor industry and the need for institutional investors to carefully manage their portfolios in response to changing market conditions.