MCF Advisors LLC Increases Holdings in Micron Technology, Inc. $MU

Key Points

• MCF Advisors increased its Micron stake by 82.3% in the second quarter, bringing its holdings to 2,838 shares valued at approximately $3.28 million. Institutional investors collectively own 80.84% of Micron’s stock.
• Micron reported quarterly EPS of $25.11, exceeding estimates of $21.39, while revenue reached $41.46 billion—up 345.8% year over year and above expectations.
• Analysts maintain a bullish outlook, with the stock carrying a consensus “Buy” rating and an average price target of $1,295.63. However, insiders sold approximately $182.2 million of shares over the past three months.

MCF Advisors LLC boosted its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 82.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,838 shares of the semiconductor manufacturer's stock after purchasing an additional 1,281 shares during the period. MCF Advisors LLC's holdings in Micron Technology were worth $3,276,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in MU. High Note Wealth LLC grew its stake in shares of Micron Technology by 65.4% in the fourth 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 in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in Micron Technology during the 1st quarter worth approximately $27,000. Bayban purchased a new position in Micron Technology in the 4th quarter worth approximately $29,000. Financial Life Planners purchased a new position in Micron Technology in the 1st quarter worth approximately $36,000. Finally, Portus Wealth Advisors LLC acquired a new stake in Micron Technology in the first quarter valued at approximately $37,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CAO Scott Allen sold 879 shares of the company's stock in a transaction dated 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 sale, the chief accounting officer owned 34,958 shares in the company, valued at approximately $34,958,000. This represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP April Arnzen sold 40,000 shares of the 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 transaction, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. The trade was a 31.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Performance

Micron Technology stock opened at $927.60 on Wednesday. Micron Technology, Inc. has a 52 week low of $154.65 and a 52 week high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.05 trillion, a P/E ratio of 21.00, a price-to-earnings-growth ratio of 0.58 and a beta of 2.22. The stock has a 50 day moving average of $928.01 and a 200-day moving average of $764.35.

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

Micron Technology Dividend Announcement

The business also recently announced 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 annualized dividend and a dividend yield of 0.1%. Micron Technology's payout ratio is presently 1.36%.

Analyst Ratings Changes

MU has been the topic of a number of analyst reports. Raymond James Financial lifted their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. Stifel Nicolaus upped their target price on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a "buy" rating in a research note on Thursday, June 18th. Sanford C. Bernstein set a $1,300.00 price target on shares of Micron Technology in a report on Monday, June 22nd. Morgan Stanley lifted 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 note on Thursday, June 25th. Finally, Erste Group Bank upgraded shares of Micron Technology from a "hold" rating to a "buy" rating in a report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Buy" and a consensus price target of $1,295.63.

More Micron Technology News

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

• Positive Sentiment: Micron demonstrated what it describes as the world’s first 512GB DDR5 RDIMM across multiple server platforms. The module reaches speeds of up to 9,200 MT/s and uses more than 60% less operating power than four 128GB modules, strengthening Micron’s position in data-center memory and AI infrastructure. Micron ultra-dense memory module announcement
• Positive Sentiment: Strong AI-related memory demand remains the core bullish argument. Analysts and industry commentary point to tight DRAM supply, high-bandwidth memory demand, planned capacity expansion and potentially extended shortages, supporting Micron’s revenue and pricing outlook. Micron AI memory cycle analysis
• Positive Sentiment: Micron appointed semiconductor veteran Deirdre Hanford to lead Micron Research Labs. The facility is backed by a planned $10 billion, decade-long investment focused on memory, compute architectures, advanced packaging and manufacturing, potentially supporting longer-term technology leadership. Micron Research Labs leadership announcement
• Neutral Sentiment: Commentary remains bullish, with some analysts and Jim Cramer supporting substantially higher price targets. However, these opinions are not new company guidance and depend on continued AI spending, strong memory pricing and successful execution. Jim Cramer Micron thesis
• Negative Sentiment: A Taiwan union representing Micron workers is keeping strike preparations alive while demanding a permanent profit-sharing arrangement. A labor disruption at a major manufacturing hub could create production delays, higher costs or additional uncertainty during a supply-constrained period. Reuters report on Micron Taiwan labor dispute
• Negative Sentiment: Recent warnings from AI leaders calling for slower development triggered a broader technology selloff and renewed questions about future hyperscaler spending. Although infrastructure demand may remain intact, any reduction in AI capital expenditures would threaten Micron’s high-growth memory outlook and elevated valuation. AI concerns affecting semiconductor stocks

Micron Technology Company Profile

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.

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