Ameritas Advisory Services LLC Boosts Position in Micron Technology, Inc. $MU

Key Points

• Ameritas Advisory Services increased its Micron stake by 219.3% in the second quarter, bringing its holdings to 12,480 shares valued at approximately $14.4 million. Institutional investors collectively own 80.84% of Micron’s stock.
• Micron reported quarterly earnings of $25.11 per share, exceeding estimates of $21.39, while revenue rose 345.8% year over year to $41.46 billion. Analysts maintain a consensus “Buy” rating with an average price target of $1,295.63.
• Insiders have been selling shares: company executives and directors sold 177,204 shares worth approximately $182.2 million over the past three months. Despite bullish AI-memory demand trends, Micron faces valuation, competition, macroeconomic and execution risks.

Ameritas Advisory Services LLC lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 219.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,480 shares of the semiconductor manufacturer's stock after acquiring an additional 8,571 shares during the quarter. Ameritas Advisory Services LLC's holdings in Micron Technology were worth $14,406,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MU. High Note Wealth LLC increased its position in Micron Technology by 65.4% during the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock valued at $25,000 after purchasing an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Micron Technology in the 1st quarter worth about $27,000. Bayban bought a new stake in shares of Micron Technology during the 4th quarter valued at about $29,000. WealthCollab LLC grew its holdings in Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 270 shares during the period. Finally, Financial Life Planners purchased a new stake in Micron Technology in the first quarter worth about $36,000. Hedge funds and other institutional investors own 80.84% of the company's stock.

Insider Activity

In related news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president owned 191,021 shares of the company's stock, valued at $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Lynn A. Dugle sold 1,300 shares of the company's stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the sale, the director owned 17,728 shares of the company's stock, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 177,204 shares of company stock worth $182,156,264. Insiders own 0.24% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MU shares. Sanford C. Bernstein set a $1,300.00 target price on shares of Micron Technology in a report on Monday, June 22nd. Zacks Research downgraded Micron Technology from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 19th. Barclays raised their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the company an "overweight" rating in a research report on Thursday, June 25th. Morgan Stanley lifted their price objective on Micron Technology from $1,050.00 to $1,200.00 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Finally, KeyCorp reissued an "overweight" rating on shares of Micron Technology in a report on Monday, July 20th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of "Buy" and an average target price of $1,295.63.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $975.26 on Monday. The firm's 50-day moving average price is $929.44 and its 200-day moving average price is $757.27. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The company has a market cap of $1.10 trillion, a PE ratio of 22.08, a PEG ratio of 0.62 and a beta of 2.22. Micron Technology, Inc. has a 52-week low of $153.21 and a 52-week high of $1,255.00.

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 for the quarter, beating the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to analysts' expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm's quarterly revenue was up 345.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

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

Trending Headlines about Micron Technology

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

• Positive Sentiment: AI demand and supply constraints remain major tailwinds. Oracle’s strong cloud-infrastructure growth reinforced expectations for continued data-center AI spending, while limited DRAM and high-bandwidth memory supply could support Micron’s pricing and margins. Micron Stock Rises as This Key Number From Oracle Boosts AI Trade
• Positive Sentiment: Long-term customer agreements may reduce earnings volatility. Micron’s strategic contracts reportedly cover substantial memory volumes through 2030, with pricing protections that improve revenue visibility and could make the company less exposed to the traditional boom-and-bust memory cycle. Micron Bets on Long-Term SCA Deals
• Positive Sentiment: Analysts remain constructive ahead of fiscal fourth-quarter results. Bullish commentary points to persistent shortages, rising HBM4 demand and potentially strong revenue and gross-margin guidance at the September 30 earnings report. Micron’s Q4 Might Change the Game
• Neutral Sentiment: Employee rewards highlight both strong profitability and rising costs. Taiwan-based direct labor employees are slated to receive fiscal 2026 rewards equivalent to 35–68 months of pay. The payouts recognize exceptional results but may increase expense pressure, while unions representing about 10,000 workers continue to threaten industrial action. Micron’s Taiwan Workers to Get Rewards Worth Up to 68 Months of Pay
• Negative Sentiment: Valuation and execution expectations are unusually high. Despite record guidance and worsening shortages, investors appear concerned that much of the AI-memory upside is already reflected in MU’s valuation. Any moderation in memory pricing or results that merely meet expectations could trigger profit-taking. Micron’s 662% Rally Created a Problem Wall Street Cannot Ignore
• Negative Sentiment: Competitive and macroeconomic risks are weighing on sentiment. Intel-backed startup Kepler Computing is targeting the memory-chip market, raising concerns about future pricing power. Separately, higher oil prices, inflation worries and interest-rate pressure have hurt high-beta technology stocks. Micron Stock Slips as Intel-Backed Start-up Takes Aim at Memory-Chip Market

About Micron Technology

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron's products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.