Micron Technology, Inc. $MU Holdings Increased by Trivium Point Advisory LLC

Key Points

• Trivium Point Advisory increased its Micron stake by 135.5% in the second quarter, owning 19,781 shares valued at approximately $22.8 million. Institutional investors collectively hold 80.84% of Micron’s stock.
• Micron’s latest results significantly exceeded expectations, with $41.46 billion in revenue and $25.11 in EPS, while AI-driven memory demand is supporting pricing and margins. The company also plans a $10 billion U.S. research investment.
• Wall Street remains bullish, with a consensus “Buy” rating and an average price target of $1,295.63, though risks include profit-taking after a sharp rally, potential chip tariffs, Chinese competition and substantial insider selling.

Trivium Point Advisory LLC increased its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 135.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,781 shares of the semiconductor manufacturer's stock after acquiring an additional 11,382 shares during the quarter. Micron Technology comprises about 2.1% of Trivium Point Advisory LLC's investment portfolio, making the stock its 9th biggest holding. Trivium Point Advisory LLC's holdings in Micron Technology were worth $22,833,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the business. Ramsey Quantitative Systems purchased a new position in shares of Micron Technology during the second quarter valued at approximately $46,000. RHL Group LLC purchased a new stake in shares of Micron Technology in the 2nd quarter worth approximately $47,000. Signature Resources Capital Management LLC raised its stake in Micron Technology by 1,125.0% during the second quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer's stock valued at $57,000 after buying an additional 45 shares during the last quarter. Davis Capital Management boosted its holdings in Micron Technology by 510.0% in the second quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer's stock worth $70,000 after acquiring an additional 51 shares in the last quarter. Finally, Glynn Capital Management LLC boosted its holdings in Micron Technology by 40.9% in the second quarter. Glynn Capital Management LLC now owns 62 shares of the semiconductor manufacturer's stock worth $72,000 after acquiring an additional 18 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology News Summary

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

• Positive Sentiment: Nvidia said memory availability has become a key constraint on AI expansion and indicated it is willing to pay higher prices. The comments support demand, pricing power and margins for Micron’s DRAM and high-bandwidth memory products. Nvidia’s reported memory-related purchase commitments reportedly more than doubled to $279 billion. Nvidia Says Memory Is a Key Constraint
• Positive Sentiment: President Donald Trump praised Micron’s planned $10 billion investment in U.S. research laboratories, saying it should strengthen America’s position in AI and advanced computing. The announcement reinforces potential strategic and government support for Micron’s domestic expansion. Trump Hails Micron’s U.S. Research Investment
• Positive Sentiment: Recent results remain a major fundamental support: Micron reported $41.46 billion in quarterly revenue and $25.11 in EPS, far exceeding estimates, with revenue up 345.8% year over year. Commentary also highlighted an 84.9% non-GAAP gross margin, surpassing Nvidia’s reported adjusted margin. Micron’s Gross Margin Beat Nvidia’s
• Neutral Sentiment: Micron appointed Manish Bhatia as president and chief operating officer and Scott DeBoer as president and chief technology and products officer. The changes are intended to improve execution during the AI memory expansion but are unlikely to materially alter near-term results. Micron will report fiscal fourth-quarter results on September 30. Micron Announces Leadership Appointments
• Negative Sentiment: Investors appear to be locking in gains after Micron’s powerful rally, while Nvidia’s disclosures raised concerns that memory scarcity could restrict AI hardware deliveries rather than simply boost Micron sales. Potential U.S. chip tariffs and a broader debate over interest rates add to uncertainty. Why Is Micron Stock Falling?
• Negative Sentiment: Competitive risks persist from Chinese memory producer YMTC, while Micron CEO Sanjay Mehrotra’s sale of 40,000 shares for approximately $38.8 million may weigh on sentiment, although insider sales do not necessarily indicate a change in business outlook. Micron CEO Share Sale

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MU. Cantor Fitzgerald restated an "overweight" rating and set a $1,500.00 price target on shares of Micron Technology in a report on Thursday, June 25th. Wolfe Research set a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, June 25th. Citigroup cut their price objective on shares of Micron Technology from $1,400.00 to $1,150.00 and set a "buy" rating on the stock in a research report on Friday, August 7th. KeyCorp restated an "overweight" rating on shares of Micron Technology in a research note on Monday, July 20th. Finally, Raymond James Financial lifted their target price on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an "outperform" rating in a report on Thursday, June 25th. Four equities 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 company. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $1,295.63.

Micron Technology Stock Down 0.3%

MU opened at $935.74 on Friday. The stock has a market capitalization of $1.06 trillion, a price-to-earnings ratio of 21.18 and a beta of 2.18. The firm has a 50 day moving average price of $955.65 and a 200-day moving average price of $713.18. Micron Technology, Inc. has a twelve month low of $114.25 and a twelve month high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion for the quarter, compared to analysts' expectations of $35.91 billion. During the same quarter last year, the company posted $1.91 earnings per share. The firm's quarterly 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. Equities research analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share 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 $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%.

Insider Buying and Selling

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the sale, the executive vice president directly owned 191,021 shares of the company's stock, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the firm's stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the transaction, 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 have sold a total of 177,179 shares of company stock valued at $182,127,955 over the last ninety days. 0.24% of the stock is owned by insiders.

About Micron Technology

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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