Artemis Wealth Advisors LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund acquired 571,595 shares of the semiconductor manufacturer's stock, valued at approximately $58,474,000. Micron Technology accounts for 6.7% of Artemis Wealth Advisors LLC's portfolio, making the stock its 2nd largest holding. Artemis Wealth Advisors LLC owned approximately 0.05% of Micron Technology at the end of the most recent quarter.
Other large investors have also made changes to their positions in the company. High Note Wealth LLC lifted its holdings in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock valued at $25,000 after buying an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in Micron Technology during the first quarter worth about $27,000. Bayban acquired a new stake in Micron Technology during the fourth quarter worth about $29,000. Luken Investment Analytics LLC acquired a new stake in Micron Technology during the fourth quarter worth about $31,000. Finally, WealthCollab LLC raised its position in Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock valued at $34,000 after acquiring an additional 270 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.
Insider Transactions at Micron Technology
In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer owned 264,503 shares in the company, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the transaction, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 177,204 shares of company stock valued at $182,156,264. Company insiders own 0.24% of the company's stock.
Micron Technology Price Performance
Micron Technology stock opened at $932.86 on Friday. The stock has a market capitalization of $1.05 trillion, a P/E ratio of 21.12 and a beta of 2.18. The company's fifty day moving average price is $951.63 and its 200 day moving average price is $714.71. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a 1 year low of $114.25 and a 1 year high of $1,255.00.
Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts' consensus estimates of $21.39 by $3.72. The company 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 revenue for the quarter was up 345.8% on a year-over-year basis. During the same period in the prior year, the business posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.
Micron Technology Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were paid a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology's dividend payout ratio (DPR) is currently 1.36%.
Analyst Ratings Changes
MU has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft boosted their price target on Micron Technology from $1,500.00 to $1,550.00 and gave the company a "buy" rating in a report on Thursday, June 25th. Seaport Research Partners reaffirmed a "buy" rating on shares of Micron Technology in a report on Friday, August 14th. Citigroup decreased their target price on shares of Micron Technology from $1,400.00 to $1,150.00 and set a "buy" rating for the company in a research note on Friday, August 7th. DA Davidson increased their price target on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. Finally, Sanford C. Bernstein set a $1,300.00 price target on shares of Micron Technology in a report on Monday, June 22nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy" and a consensus target price of $1,295.63.
View Our Latest Stock Report on Micron Technology
Micron Technology News Summary
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: AI demand is tightening memory supply. CEO Sanjay Mehrotra said data-center customers want roughly 50% more memory than Micron can currently supply, while Nvidia identified memory availability as a key constraint on AI-system growth. That supports Micron’s pricing power and demand visibility. Micron CEO AI Shift Breaks Traditional Memory Market Cycles
- Positive Sentiment: Nvidia’s purchasing commitments reinforce the bullish outlook. Nvidia reportedly more than doubled memory-related supplier commitments to $279 billion, potentially benefiting Micron as a major supplier. Micron also has approximately $22 billion in strategic commitments, including contracts extending through 2030. Nvidia Just Validated Micron’s Biggest AI Bull Case
- Positive Sentiment: Expansion plans strengthen Micron’s long-term positioning. The company is investing $10 billion in U.S. research labs, launching a $250 million venture fund and expanding its workforce-training infrastructure. President Donald Trump’s praise of Micron as one of the world’s “hottest” companies adds political visibility to the investment. Why Micron Stock Didn’t Get a Leg Up From SK Hynix’s Memory Optimism
- Neutral Sentiment: Analysts and bullish commentators point to surging DRAM and NAND prices, record margins and the possibility that AI demand has made memory cycles less volatile. However, much of this optimism may already be reflected in Micron’s substantial previous gains.
- Negative Sentiment: Profit-taking and valuation concerns are weighing on the shares. Micron has rallied sharply, encouraging investors to lock in gains even after favorable Nvidia news. A softer technology-market backdrop and concerns about potential U.S. chip tariffs are adding pressure. Why Is Micron Stock Falling
- Negative Sentiment: Investors remain concerned that the memory supercycle will eventually become cyclical. Increased industry capacity or new competitors could eventually reduce pricing and margins, while current supply shortages may constrain Nvidia’s shipments in the near term. Micron Stock Has Surged 220 Percent
Micron Technology Profile
(
Free Report)
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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