Salem Investment Counselors Reduces Micron Technology Stake

Investment firm sells 12,790 shares of semiconductor manufacturer

Mar. 24, 2026 at 11:18am

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Salem Investment Counselors Inc. reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 5.8% in the 4th quarter, according to a recent SEC filing. The firm now owns 206,483 shares of the semiconductor manufacturer's stock, valued at $58,955,000.

Why it matters

Micron Technology is a major player in the semiconductor industry, and changes in institutional ownership can signal shifts in investor sentiment around the stock. Salem Investment Counselors' decision to trim its Micron position may reflect broader market trends or the firm's own investment strategy.

The details

According to the filing, Salem Investment Counselors sold 12,790 shares of Micron Technology during the fourth quarter. The firm now holds a 1.7% stake in the company, making it Micron's 14th largest institutional investor. Micron Technology's stock has seen significant volatility in recent months, trading between a 52-week low of $61.54 and a high of $471.34.

  • The share sale occurred in the fourth quarter of 2025.

The players

Salem Investment Counselors Inc.

An investment management firm that reduced its stake in Micron Technology.

Micron Technology, Inc.

A major semiconductor manufacturer based in Boise, Idaho.

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The takeaway

The reduction in Salem Investment Counselors' Micron Technology holdings reflects broader volatility in the semiconductor industry and changing investor sentiment around the stock. However, Micron remains a significant institutional holding, indicating its continued importance in the market.