214,642 Shares in Micron Technology, Inc. $MU Bought by Spartan Wealth Advisory Services LLC

Key Points

• Spartan Wealth Advisory Services opened a large new position in Micron Technology, buying 214,642 shares worth about $72.5 million. The stake makes Micron the firm’s largest holding, accounting for roughly 6.3% of its portfolio.
• Micron’s latest quarterly results were very strong, with EPS of $25.11 and revenue of $41.46 billion, both well above analyst expectations. The company also issued Q4 2026 guidance of $30–$32 EPS, underscoring continued earnings momentum.
• Wall Street remains broadly bullish on the stock, with multiple analysts raising price targets and the consensus rating sitting at Buy with an average target of about $1,268.93. However, insiders have been selling shares recently, and the stock has also faced some volatility tied to broader AI and semiconductor sentiment.

Spartan Wealth Advisory Services LLC bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund bought 214,642 shares of the semiconductor manufacturer's stock, valued at approximately $72,515,000. Micron Technology makes up approximately 6.3% of Spartan Wealth Advisory Services LLC's portfolio, making the stock its largest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Heritage Trust Co lifted its stake in Micron Technology by 9.7% in the fourth quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer's stock valued at $4,289,000 after buying an additional 1,323 shares in the last quarter. Fulton Bank N.A. boosted its holdings in shares of Micron Technology by 79.1% in the fourth quarter. Fulton Bank N.A. now owns 16,183 shares of the semiconductor manufacturer's stock valued at $4,619,000 after buying an additional 7,147 shares during the period. Financial Synergies Wealth Advisors Inc. bought a new stake in shares of Micron Technology during the fourth quarter worth $1,316,000. PKO BP BANKOWY Universal Pension Society JSC bought a new stake in shares of Micron Technology during the fourth quarter worth $61,306,000. Finally, Dara Capital US Inc. acquired a new stake in shares of Micron Technology during the fourth quarter worth $2,926,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Down 0.5%

Micron Technology stock opened at $848.95 on Friday. The company has a market cap of $958.80 billion, a P/E ratio of 19.22 and a beta of 2.14. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,255.00. The company has a fifty day simple moving average of $949.46 and a 200 day simple moving average of $599.95. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion for the quarter, compared to analysts' expectations of $35.91 billion. During the same period in the previous year, the firm posted $1.91 EPS. The company's revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date is Monday, July 6th. Micron Technology's dividend payout ratio is presently 1.36%.

More Micron Technology News

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Micron continues to benefit from AI infrastructure spending, with multiple articles highlighting strong demand for advanced memory and storage as a long-term growth driver.
• Positive Sentiment: Analysts at KeyCorp reiterated an Overweight view and a $1,750 price target, signaling continued Wall Street confidence in Micron’s earnings power.
• Positive Sentiment: Recent coverage says Micron’s lower valuation, strong returns, and light debt load may make it more attractive than peers such as TSMC as an AI semiconductor investment.
• Positive Sentiment: Micron also announced long-term automotive supply agreements, expanding its AI-memory opportunity beyond data centers into next-generation vehicles.
• Neutral Sentiment: The stock is being described as highly volatile, with some analysts framing Micron as a momentum name that can swing sharply in either direction as sentiment around AI changes.
• Neutral Sentiment: Several recent commentaries argue the latest drop may be technical and sentiment-driven, creating a different risk-reward setup than Micron had a month ago. Micron: Things Change
• Negative Sentiment: Micron is falling alongside other chip stocks as investors rotate out of AI and momentum names, pressuring the whole semiconductor group.
• Negative Sentiment: Fresh concerns about future memory pricing, including reports of Chinese competitor CXMT preparing a large IPO and CoreWeave exploring hedges against falling memory costs, are weighing on sentiment.
• Negative Sentiment: Micron’s recent sharp pullback has revived worries that the memory cycle may be peaking, even though several bullish articles argue the long-term demand story remains intact.

Insider Buying and Selling

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of the business's stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director owned 17,139 shares of the company's stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP April S. Arnzen sold 40,000 shares of the company's stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the sale, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 163,300 shares of company stock worth $152,667,204. Insiders own 0.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Needham & Company LLC boosted their price objective on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a "buy" rating in a research report on Thursday, June 25th. Citigroup increased their target price on Micron Technology from $1,200.00 to $1,400.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. Mizuho boosted their price target on Micron Technology from $1,150.00 to $1,375.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. Raymond James Financial boosted their price target on Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. Finally, Bank of America increased their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Four research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $1,268.93.

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.

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