Atria Wealth Solutions Inc. Sells 38,721 Shares of Micron Technology, Inc. $MU

Key Points

• Atria Wealth Solutions Inc. significantly reduced its holdings in Micron Technology by 60.6%, selling 38,721 shares in the 2nd quarter, leaving them with 25,168 shares valued at approximately $3.1 million.
• Micron Technology's stock has seen a strong performance, with share prices recently opening at $187.06, and the company reporting a revenue increase of 46.1% compared to the same quarter last year.
• In a recent earnings report, Micron Technology matched analysts' expectations with an EPS of $2.86 and has provided guidance suggesting an EPS range of $3.600-$3.900 for Q1 2026.

Atria Wealth Solutions Inc. cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 60.6% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 25,168 shares of the semiconductor manufacturer's stock after selling 38,721 shares during the quarter. Atria Wealth Solutions Inc.'s holdings in Micron Technology were worth $3,097,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mission Wealth Management LP lifted its position in Micron Technology by 195.2% during the 1st quarter. Mission Wealth Management LP now owns 15,650 shares of the semiconductor manufacturer's stock worth $1,360,000 after buying an additional 10,348 shares in the last quarter. Clarius Group LLC increased its stake in shares of Micron Technology by 57.9% during the 1st quarter. Clarius Group LLC now owns 14,238 shares of the semiconductor manufacturer's stock worth $1,237,000 after purchasing an additional 5,220 shares during the last quarter. Kera Capital Partners Inc. acquired a new position in shares of Micron Technology during the 2nd quarter worth about $211,000. Tcfg Wealth Management LLC acquired a new position in shares of Micron Technology during the 2nd quarter worth about $208,000. Finally, Krilogy Financial LLC increased its stake in shares of Micron Technology by 21.5% during the 2nd quarter. Krilogy Financial LLC now owns 27,190 shares of the semiconductor manufacturer's stock worth $3,351,000 after purchasing an additional 4,812 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Insider Transactions at Micron Technology

In other news, Director Richard M. Beyer sold 5,552 shares of the company's stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $155.68, for a total transaction of $864,335.36. Following the completion of the sale, the director owned 96,031 shares of the company's stock, valued at approximately $14,950,106.08. This represents a 5.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 21,563 shares of the company's stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $188.47, for a total transaction of $4,063,978.61. Following the sale, the chief executive officer directly owned 272,648 shares of the company's stock, valued at approximately $51,385,968.56. This trade represents a 7.33% decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 146,956 shares of company stock valued at $22,841,025. Company insiders own 0.30% of the company's stock.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $187.06 on Wednesday. The company's 50 day moving average price is $146.06 and its two-hundred day moving average price is $115.39. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $201.00. The firm has a market cap of $209.97 billion, a PE ratio of 24.65, a PEG ratio of 0.42 and a beta of 1.56. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of $2.86. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The firm had revenue of $11.32 billion for the quarter, compared to analyst estimates of $11.05 billion. During the same quarter in the prior year, the business posted $1.18 EPS. The business's revenue was up 46.1% compared to the same quarter last year. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities research analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd will be given a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Friday, October 3rd. Micron Technology's dividend payout ratio is presently 6.06%.

Analyst Ratings Changes

MU has been the topic of several recent analyst reports. The Goldman Sachs Group boosted their price objective on shares of Micron Technology from $145.00 to $180.00 and gave the stock a "neutral" rating in a research note on Thursday, October 9th. Stifel Nicolaus boosted their price objective on shares of Micron Technology from $173.00 to $195.00 and gave the stock a "buy" rating in a research note on Monday, September 22nd. KGI Securities upgraded shares of Micron Technology from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 24th. Cantor Fitzgerald boosted their price objective on shares of Micron Technology from $185.00 to $200.00 and gave the stock an "overweight" rating in a research note on Wednesday, September 24th. Finally, Morgan Stanley upgraded shares of Micron Technology from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $160.00 to $220.00 in a research note on Monday, October 6th. Five investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of $194.57.

Micron Technology Company Profile

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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