Micron Technology, Inc. $MU is NWF Advisory Services Inc.'s Largest Position

Key Points

• NWF Advisory Services reduced its Micron stake by 17.6% in the second quarter but still held 59,795 shares worth about $69 million. Micron remains the firm’s largest position, representing roughly 6.4% of its portfolio.
• Analysts remain broadly bullish on Micron. The stock has a consensus “Buy” rating and an average price target of $1,295.63, although some firms recently lowered their targets or downgraded the shares to “Hold.”
• Micron reported sharply improved quarterly results, with revenue up 345.8% year over year and earnings per share well above expectations. AI-related memory demand and supply constraints support the outlook, but elevated valuation, competitive risks and substantial insider selling remain concerns.

NWF Advisory Services Inc. decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 17.6% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 59,795 shares of the semiconductor manufacturer's stock after selling 12,813 shares during the period. Micron Technology comprises approximately 6.4% of NWF Advisory Services Inc.'s investment portfolio, making the stock its largest holding. NWF Advisory Services Inc.'s holdings in Micron Technology were worth $69,021,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in MU. High Note Wealth LLC raised its position in Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock worth $25,000 after acquiring an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Micron Technology during the first quarter worth about $27,000. Bayban acquired a new position in shares of Micron Technology during the 4th quarter worth about $29,000. WealthCollab LLC raised its position in shares of Micron Technology by 4,500.0% during the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 270 shares during the last quarter. Finally, Financial Life Planners purchased a new position in Micron Technology in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 80.84% of the company's stock.

Analysts Set New Price Targets

Several research firms have commented on MU. Zacks Research lowered Micron Technology from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 19th. BMO Capital Markets initiated coverage on Micron Technology in a research note on Friday, August 21st. They issued an "outperform" rating and a $1,300.00 price target on the stock. Mizuho dropped their price target on Micron Technology from $1,375.00 to $1,300.00 and set an "outperform" rating for the company in a research report on Tuesday, August 25th. UBS Group restated a "buy" rating on shares of Micron Technology in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a "buy" rating in a research note on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Buy" and a consensus target price of $1,295.63.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $975.26 on Friday. Micron Technology, Inc. has a one year low of $153.21 and a one year high of $1,255.00. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.08, a PEG ratio of 0.62 and a beta of 2.22. 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 business's 50 day moving average price is $929.44 and its 200 day moving average price is $754.92.

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, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion during the quarter, compared to analysts' expectations of $35.91 billion. During the same period in the prior year, the business earned $1.91 EPS. 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. On average, research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were paid 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 dividend payout ratio is 1.36%.

Insiders Place Their Bets

In other news, EVP April Arnzen sold 40,000 shares of the firm's stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the sale, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Scott Allen sold 879 shares of Micron Technology 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 transaction of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by company insiders.

Key Micron Technology News

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

• Positive Sentiment: AI demand and supply constraints remain major tailwinds. Oracle’s strong cloud-infrastructure growth reinforced expectations for continued data-center AI spending, while limited DRAM and high-bandwidth memory supply could support Micron’s pricing and margins. Micron Stock Rises as This Key Number From Oracle Boosts AI Trade
• Positive Sentiment: Long-term customer agreements may reduce earnings volatility. Micron’s strategic contracts reportedly cover substantial memory volumes through 2030, with pricing protections that improve revenue visibility and could make the company less exposed to the traditional boom-and-bust memory cycle. Micron Bets on Long-Term SCA Deals
• Positive Sentiment: Analysts remain constructive ahead of fiscal fourth-quarter results. Bullish commentary points to persistent shortages, rising HBM4 demand and potentially strong revenue and gross-margin guidance at the September 30 earnings report. Micron’s Q4 Might Change the Game
• Neutral Sentiment: Employee rewards highlight both strong profitability and rising costs. Taiwan-based direct labor employees are slated to receive fiscal 2026 rewards equivalent to 35–68 months of pay. The payouts recognize exceptional results but may increase expense pressure, while unions representing about 10,000 workers continue to threaten industrial action. Micron’s Taiwan Workers to Get Rewards Worth Up to 68 Months of Pay
• Negative Sentiment: Valuation and execution expectations are unusually high. Despite record guidance and worsening shortages, investors appear concerned that much of the AI-memory upside is already reflected in MU’s valuation. Any moderation in memory pricing or results that merely meet expectations could trigger profit-taking. Micron’s 662% Rally Created a Problem Wall Street Cannot Ignore
• Negative Sentiment: Competitive and macroeconomic risks are weighing on sentiment. Intel-backed startup Kepler Computing is targeting the memory-chip market, raising concerns about future pricing power. Separately, higher oil prices, inflation worries and interest-rate pressure have hurt high-beta technology stocks. Micron Stock Slips as Intel-Backed Start-up Takes Aim at Memory-Chip Market

Micron Technology 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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