Micron Technology, Inc. $MU Holdings Decreased by Vanguard Capital Wealth Advisors

Key Points

• Vanguard Capital Wealth Advisors cut its Micron stake by 10.7% in the second quarter, selling 1,454 shares and retaining 12,191 shares worth approximately $14.1 million. Institutional investors still own 80.84% of the company.
• Micron’s outlook remains supported by strong AI-related demand, constrained DRAM and HBM supply, and elevated pricing and margins. However, the stock faces risks from its sharp rally, potential margin normalization, Chinese competition and profit-taking.
• Analysts maintain a broadly positive view, with a consensus “Buy” rating and average price target of $1,295.63. Micron’s next earnings report on September 30 is expected to test whether demand, pricing and profitability can justify current expectations.

Vanguard Capital Wealth Advisors trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 10.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 12,191 shares of the semiconductor manufacturer's stock after selling 1,454 shares during the period. Micron Technology makes up about 9.7% of Vanguard Capital Wealth Advisors' holdings, making the stock its 2nd biggest position. Vanguard Capital Wealth Advisors' holdings in Micron Technology were worth $14,072,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the business. M.E. Allison & CO. Inc. grew its stake in Micron Technology by 0.8% during the 2nd quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer's stock valued at $1,528,000 after acquiring an additional 11 shares in the last quarter. Cherrydale Wealth Management LLC lifted its position in shares of Micron Technology by 1.4% in the second quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer's stock worth $1,122,000 after purchasing an additional 13 shares in the last quarter. Bellevue Asset Management LLC boosted its holdings in shares of Micron Technology by 25.5% during the second quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer's stock worth $74,000 after purchasing an additional 13 shares during the period. Mowery & Schoenfeld Wealth Management LLC boosted its holdings in shares of Micron Technology by 8.8% during the second quarter. Mowery & Schoenfeld Wealth Management LLC now owns 161 shares of the semiconductor manufacturer's stock worth $186,000 after purchasing an additional 13 shares during the period. Finally, Red Door Wealth Management LLC grew its position in Micron Technology by 0.7% during the second quarter. Red Door Wealth Management LLC now owns 1,914 shares of the semiconductor manufacturer's stock valued at $2,209,000 after purchasing an additional 14 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Key Micron Technology News

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

• Positive Sentiment: AI-driven supply shortage supports pricing: Data-center customers are reportedly receiving only a portion of the DRAM they need, while Micron expects supply conditions to be even tighter in 2027 than in 2026. High-bandwidth memory (HBM) also consumes substantially more wafer capacity, limiting conventional DRAM supply and potentially extending elevated prices. Micron: 3 Simple Reasons Why I'm Still Bullish
• Positive Sentiment: Analysts turned more constructive: Goldman Sachs indicated that the worst of the memory-chip downturn may be over, helping lift Micron and sector peers. Other coverage points to a possible further rally as AI infrastructure demand diverts capacity toward HBM and away from traditional memory products. Memory Stocks Rally as Goldman Says the Worst May Be Over
• Positive Sentiment: Exceptional profitability remains a catalyst: Scarce AI memory is sustaining unusually high pricing and margins. Investors expect Micron’s upcoming results to demonstrate that its recent earnings surge and margin expansion are durable, potentially providing another boost to the broader memory sector. Micron Gains 2.4% as Memory's 86% Margin Era Refuses to Break
• Neutral Sentiment: Earnings are the key near-term test: Micron’s September 30 report is widely viewed as one of the year’s most important catalysts for AI-memory stocks. The company must confirm that demand, pricing and margins can support elevated expectations after a very strong year-to-date rally. Micron's Sept. 30 Earnings Could Be the Most Important Catalyst
• Negative Sentiment: Risks remain high: Micron’s sharp appreciation leaves the stock vulnerable to profit-taking if earnings disappoint or memory prices weaken. Longer-term competition from China, possible normalization of extraordinary margins and portfolio moves by investors reducing Micron exposure also temper the bullish outlook. Micron and Sandisk Face a New China Threat

Insiders Place Their Bets

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the company's stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the firm's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares in the company, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 177,204 shares of company stock worth $182,156,264 in the last ninety days. 0.24% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the stock. Needham & Company LLC upped their price objective on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a "buy" rating in a research note on Thursday, June 25th. ThinkEquity restated a "buy" rating on shares of Micron Technology in a report on Monday, August 3rd. The Goldman Sachs Group upped their price target on shares of Micron Technology from $900.00 to $1,100.00 and gave the stock a "neutral" rating in a research note on Thursday, June 25th. Zacks Research lowered Micron Technology from a "strong-buy" rating to a "hold" rating in a report on Wednesday, August 19th. Finally, BMO Capital Markets assumed coverage on Micron Technology in a research report on Friday, August 21st. They set an "outperform" rating and a $1,300.00 price objective for the company. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Buy" and an average target price of $1,295.63.

Micron Technology Stock Up 2.8%

Shares of MU stock opened at $1,027.77 on Thursday. The stock's 50 day simple moving average is $929.41 and its 200 day simple moving average is $749.50. Micron Technology, Inc. has a twelve month low of $138.34 and a twelve month high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The company has a market capitalization of $1.16 trillion, a price-to-earnings ratio of 23.27, a PEG ratio of 0.63 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its 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. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion during the quarter, compared to analysts' expectations of $35.91 billion. During the same quarter in the prior year, the business earned $1.91 earnings per share. The company's revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a dividend of $0.15 per share. 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 is currently 1.36%.

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.

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