Advisors Management Group Inc. ADV Reduces Holdings in Micron Technology, Inc. $MU

Advisors Management Group Inc. ADV reduced its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 29.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 22,371 shares of the semiconductor manufacturer's stock after selling 9,128 shares during the quarter. Micron Technology accounts for about 4.3% of Advisors Management Group Inc. ADV's holdings, making the stock its 3rd biggest position. Advisors Management Group Inc. ADV's holdings in Micron Technology were worth $25,822,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Ramsey Quantitative Systems purchased a new position in Micron Technology during the second quarter worth about $46,000. RHL Group LLC purchased a new stake in shares of Micron Technology during the second quarter valued at approximately $47,000. Signature Resources Capital Management LLC lifted its holdings in Micron Technology by 1,125.0% during the second quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer's stock worth $57,000 after acquiring an additional 45 shares during the period. Davis Capital Management boosted its position in Micron Technology by 510.0% in the second quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer's stock worth $70,000 after purchasing an additional 51 shares during the last quarter. Finally, Bellevue Asset Management LLC grew its stake in Micron Technology by 25.5% in the 2nd quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer's stock valued at $74,000 after purchasing an additional 13 shares during the period. 80.84% of the stock is owned by institutional investors.

Insider Transactions at Micron Technology

In other news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the sale, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CAO Scott R. Allen sold 879 shares of the company's stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares in the company, valued at approximately $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 177,179 shares of company stock valued at $181,826,211. Corporate insiders own 0.24% of the company's stock.

Micron Technology News Roundup

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

• Positive Sentiment: $10 billion research commitment: Micron unveiled Micron Research Labs in Boise, backed by a planned $10 billion investment over the next decade. The facility will focus on memory, advanced packaging, computing systems and future semiconductor manufacturing, potentially strengthening Micron’s position in AI infrastructure. Micron Research Labs announcement
• Positive Sentiment: Strong AI demand outlook: CEO Sanjay Mehrotra said AI has fundamentally changed the traditional boom-and-bust memory cycle and that AI systems cannot scale without memory. Tight supply and demand for high-bandwidth memory, server DRAM and data-center products remain key bullish catalysts. Micron CEO AI demand comments
• Positive Sentiment: Upbeat analyst coverage: BMO Capital Markets initiated coverage with an “outperform” rating and a $1,300 price target. Separately, D.A. Davidson analyst Gil Luria reportedly raised his target to $2,000, keeping a Buy rating. These forecasts suggest analysts expect AI-driven memory pricing and earnings to support further gains. Micron price target commentary
• Positive Sentiment: Positive sector momentum: Strong demand and SK hynix’s $28.6 billion buyback are supporting confidence across memory stocks. Investors are also watching Nvidia’s upcoming earnings for evidence that AI infrastructure spending remains robust. Nvidia and Micron AI outlook
• Neutral Sentiment: Long-term expansion versus execution risk: Micron’s broader $50 billion Idaho manufacturing buildout should increase U.S. capacity and support future growth, but the scale of the spending raises capital-allocation, construction and execution risks.
• Negative Sentiment: Valuation and cyclicality concerns: Commentary warns that Micron’s record revenue has been driven primarily by higher memory prices rather than substantial shipment growth. Bears argue that memory remains cyclical and that AI optimism may already be reflected in the stock’s substantial prior rally. Micron memory price analysis
• Negative Sentiment: Market and analyst pressure: Rising Treasury yields have weighed on growth stocks, while Zacks Research downgraded Micron from “strong buy” to “hold.” Michael Burry’s warning that AI infrastructure may contain excessive leverage adds to broader sector risk.
• Negative Sentiment: Insider and institutional selling: EVP Sumit Sadana sold 15,000 shares for approximately $14 million, and Stanley Druckenmiller’s fund reportedly exited Micron during the second quarter. Neither transaction necessarily signals deteriorating fundamentals, but both can reinforce profit-taking concerns after the sharp advance. Micron insider sale
• Negative Sentiment: No near-term buyback: Micron is prioritizing large investments and cannot immediately match rivals’ aggressive repurchases, reducing a potential source of near-term shareholder support. Micron buyback analysis

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MU. Wedbush boosted their price target on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an "outperform" rating in a report on Thursday, June 25th. Rosenblatt Securities raised their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. UBS Group reaffirmed a "buy" rating on shares of Micron Technology in a research report on Monday, August 10th. DA Davidson boosted their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the company a "buy" rating in a research note on Thursday, June 25th. Finally, Seaport Research Partners reiterated a "buy" rating on shares of Micron Technology in a research note on Friday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, Micron Technology has a consensus rating of "Buy" and an average price target of $1,261.26.

Micron Technology Stock Performance

NASDAQ:MU opened at $966.78 on Monday. The company has a market cap of $1.09 trillion, a P/E ratio of 21.89 and a beta of 2.19. The stock's fifty day moving average price is $967.02 and its two-hundred day moving average price is $698.10. Micron Technology, Inc. has a 1 year low of $114.25 and a 1 year high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98.

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

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology's payout ratio is 1.36%.

Micron Technology 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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