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1,709 Shares in Micron Technology, Inc. $MU Acquired by Kera Capital Partners Inc.

Micron Technology logo with Computer and Technology background

Key Points

  • Kera Capital Partners Inc. recently acquired 1,709 shares of Micron Technology, valued at approximately $211,000, highlighting growing institutional investment interest in the company.
  • Micron Technology reported $1.91 earnings per share for the last quarter, surpassing the consensus estimate of $1.57 and indicating strong financial performance.
  • The company has set its Q4 2025 guidance for earnings per share at 2.350-2.650, with analysts expecting an average of 6.08 earnings per share for the current fiscal year.
  • Five stocks we like better than Micron Technology.

Kera Capital Partners Inc. acquired a new position in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 1,709 shares of the semiconductor manufacturer's stock, valued at approximately $211,000.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Rowlandmiller & PARTNERS.ADV bought a new position in Micron Technology in the 2nd quarter worth approximately $108,000. AG2R LA Mondiale Gestion D Actifs bought a new position in Micron Technology in the 1st quarter worth approximately $3,922,000. Voya Investment Management LLC boosted its holdings in Micron Technology by 21.6% in the 1st quarter. Voya Investment Management LLC now owns 2,956,411 shares of the semiconductor manufacturer's stock worth $256,701,000 after buying an additional 525,596 shares during the period. Strs Ohio bought a new position in Micron Technology in the 1st quarter worth approximately $57,628,000. Finally, SWS Partners lifted its stake in Micron Technology by 2.5% in the 1st quarter. SWS Partners now owns 21,529 shares of the semiconductor manufacturer's stock worth $1,871,000 after purchasing an additional 531 shares in the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology Stock Performance

Micron Technology stock opened at $157.23 on Monday. The firm's fifty day moving average price is $119.94 and its 200-day moving average price is $103.33. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.89 and a current ratio of 2.75. The stock has a market cap of $175.96 billion, a P/E ratio of 28.33 and a beta of 1.47. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $158.28.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share for the quarter, beating the consensus estimate of $1.57 by $0.34. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. The firm had revenue of $9.30 billion for the quarter, compared to analysts' expectations of $8.83 billion. During the same quarter last year, the company posted $0.62 EPS. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. On average, equities research analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Monday, July 7th were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, July 7th. This represents a $0.46 annualized dividend and a dividend yield of 0.3%. Micron Technology's dividend payout ratio (DPR) is currently 8.29%.

Insider Activity at Micron Technology

In related news, EVP Scott J. Deboer sold 20,000 shares of the stock in a transaction on Tuesday, June 24th. The shares were sold at an average price of $125.11, for a total transaction of $2,502,200.00. Following the transaction, the executive vice president owned 166,353 shares of the company's stock, valued at approximately $20,812,423.83. This trade represents a 10.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Manish H. Bhatia sold 80,000 shares of the stock in a transaction on Monday, June 30th. The shares were sold at an average price of $123.16, for a total transaction of $9,852,800.00. Following the transaction, the executive vice president directly owned 275,067 shares in the company, valued at approximately $33,877,251.72. This represents a 22.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 273,656 shares of company stock worth $33,687,309 in the last 90 days. Corporate insiders own 0.30% of the company's stock.

Wall Street Analysts Forecast Growth

MU has been the topic of several recent analyst reports. Rosenblatt Securities reiterated a "buy" rating and issued a $200.00 target price on shares of Micron Technology in a research note on Monday, August 11th. The Goldman Sachs Group initiated coverage on shares of Micron Technology in a research note on Thursday, July 10th. They issued a "neutral" rating and a $130.00 target price on the stock. Morgan Stanley increased their target price on shares of Micron Technology from $98.00 to $135.00 and gave the stock an "equal weight" rating in a research note on Thursday, June 26th. Mizuho increased their target price on shares of Micron Technology from $124.00 to $130.00 and gave the stock an "outperform" rating in a research note on Thursday, June 5th. Finally, Raymond James Financial increased their target price on shares of Micron Technology from $120.00 to $150.00 and gave the stock an "outperform" rating in a research note on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have issued a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $151.76.

Read Our Latest Report on MU

Micron Technology Company Profile

(Free Report)

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

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Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.

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