Finivi Inc. Purchases New Position in Micron Technology, Inc. $MU

Finivi Inc. acquired a new position in Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 1,330 shares of the semiconductor manufacturer's stock, valued at approximately $1,535,000.

Several other institutional investors also recently bought and sold shares of the company. Franklin Street Advisors Inc. NC raised its position in Micron Technology by 2,461.4% during the 2nd quarter. Franklin Street Advisors Inc. NC now owns 37,141 shares of the semiconductor manufacturer's stock valued at $42,871,000 after purchasing an additional 35,691 shares in the last quarter. Wealthcare Capital Partners LLC purchased a new stake in shares of Micron Technology in the 2nd quarter worth $320,000. Veery Capital LLC bought a new position in shares of Micron Technology during the 2nd quarter worth $588,000. Barry Investment Advisors LLC purchased a new position in shares of Micron Technology during the second quarter valued at $410,000. Finally, Sapient Capital LLC increased its stake in shares of Micron Technology by 20.2% during the second quarter. Sapient Capital LLC now owns 63,701 shares of the semiconductor manufacturer's stock valued at $73,529,000 after buying an additional 10,706 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Shares of MU stock opened at $877.57 on Monday. The stock's 50-day moving average is $975.03 and its 200 day moving average is $660.64. Micron Technology, Inc. has a 1-year low of $111.67 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. The company has a market cap of $991.12 billion, a P/E ratio of 19.87 and a beta of 2.19.

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

Micron Technology Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MU. KeyCorp restated an "overweight" rating on shares of Micron Technology in a report on Monday, July 20th. Needham & Company LLC increased their target price on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. Weiss Ratings reissued a "buy (b)" rating on shares of Micron Technology in a research report on Tuesday, May 12th. Rosenblatt Securities boosted their price target on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company a "buy" rating in a report on Thursday, June 25th. Finally, Morgan Stanley upped their price target on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Four research 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. Based on data from MarketBeat, the company has an average rating of "Buy" and an average target price of $1,260.31.

Insider Activity

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the firm's stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 37,439 shares of Micron Technology stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the completion of the transaction, the chief executive officer directly owned 387,064 shares in the company, valued at $371,728,524.32. This represents a 8.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 162,179 shares of company stock worth $167,811,861. Insiders own 0.24% of the company's stock.

More Micron Technology News

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

• Positive Sentiment: Citigroup lowered its price target to $1,150 from $1,400 but maintained a Buy rating, implying roughly 31% upside from the referenced price. The target cut reflects a more cautious outlook, but the continued Buy rating signals confidence in Micron’s earnings potential. Benzinga price target report
• Positive Sentiment: Micron’s latest quarterly results remain a major fundamental support: revenue rose 345.8% year over year to $41.46 billion, adjusted EPS reached $25.11, and fourth-quarter guidance calls for approximately $50 billion in revenue and about $31 in adjusted EPS. The company also disclosed 16 strategic customer agreements extending through 2030, several with pricing floors or bands that could provide more stable revenue and margins. Micron long-term AI memory contracts
• Positive Sentiment: Ongoing AI data-center expansion is supporting demand for high-bandwidth memory, while higher memory costs are contributing to increased capital spending by major cloud customers. This reinforces the view that Micron’s premium AI-memory products remain supply constrained. Amazon memory costs and capital spending
• Neutral Sentiment: SK Hynix approved approximately $38 billion for two new South Korean memory fabs. The investment highlights strong industry demand, but investors are concerned that additional supply could eventually pressure pricing and reduce Micron’s exceptional margins. SK Hynix new memory fabs
• Negative Sentiment: Fresh commentary from Citi points to a more cautious memory-pricing outlook, while weaker-than-expected outlooks from SanDisk and Western Digital have triggered a broader memory-stock selloff. Investors are increasingly focused on whether today’s AI-related shortage will lead to oversupply in future years. Why Micron stock is falling
• Negative Sentiment: Reports that Nvidia is considering lower-memory versions of future Rubin Ultra GPUs raise concerns that customers could reduce high-bandwidth memory content per system, potentially limiting long-term HBM growth. Nvidia Rubin Ultra memory report

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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