Micron Technology, Inc. $MU Shares Acquired by Comprehensive Financial Planning Inc. PA

Key Points

• Institutional ownership increased: Comprehensive Financial Planning Inc. PA raised its Micron stake by 40.1% to 6,416 shares, while hedge funds and other institutions collectively own 80.84% of the stock.
• Micron reported strong quarterly results: Earnings per share reached $25.11 versus the $21.39 consensus estimate, while revenue rose 345.8% year over year to $41.46 billion, supported by strong semiconductor demand.
• Analysts remain bullish, but insiders have been selling: Micron has a consensus “Buy” rating and a $1,295.63 target price, although insiders sold more than $182 million of shares over the past three months.

Comprehensive Financial Planning Inc. PA increased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 40.1% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,416 shares of the semiconductor manufacturer's stock after buying an additional 1,835 shares during the quarter. Micron Technology accounts for approximately 3.9% of Comprehensive Financial Planning Inc. PA's holdings, making the stock its 4th biggest position. Comprehensive Financial Planning Inc. PA's holdings in Micron Technology were worth $7,406,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Andar Capital Management HK Ltd grew its holdings in shares of Micron Technology by 856,960.3% during the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after acquiring an additional 34,278,413 shares in the last quarter. Norges Bank purchased a new position in Micron Technology in the fourth quarter valued at about $6,433,456,000. AQR Capital Management LLC increased its position in Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer's stock worth $606,873,000 after purchasing an additional 2,918,535 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its position in Micron Technology by 1,340.6% in the 4th quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer's stock worth $805,148,000 after purchasing an additional 2,625,169 shares during the last quarter. Finally, Amundi raised its stake in shares of Micron Technology by 65.0% during the 4th quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer's stock worth $1,424,025,000 after purchasing an additional 1,965,319 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP April Arnzen sold 40,000 shares of the firm's stock in a transaction that occurred 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 sale, the executive vice president owned 85,737 shares of the company's stock, valued at $92,933,763.78. This trade represents a 31.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CAO Scott Allen sold 879 shares of Micron Technology stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 177,204 shares of company stock worth $182,156,264. Insiders own 0.24% of the company's stock.

Micron Technology Trading Down 0.2%

NASDAQ:MU opened at $975.26 on Friday. The company's 50 day moving average is $929.44 and its 200-day moving average is $754.92. 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, Inc. has a 12 month low of $153.21 and a 12 month high of $1,255.00. The firm has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.08, a P/E/G ratio of 0.62 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data 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. 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%. Micron Technology's quarterly revenue was up 345.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's dividend payout ratio is presently 1.36%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MU. Wells Fargo & Company lifted their price target on Micron Technology from $1,220.00 to $1,525.00 and gave the company an "overweight" rating in a report on Thursday, June 25th. New Street Research raised shares of Micron Technology from a "neutral" rating to a "buy" rating and set a $1,250.00 price objective on the stock in a research report on Friday, August 14th. DA Davidson lifted their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the company a "buy" rating in a research note on Thursday, June 25th. ThinkEquity reissued a "buy" rating on shares of Micron Technology in a research report on Monday, August 3rd. Finally, Barclays boosted their target price on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Four 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's stock. Based on data from MarketBeat.com, Micron Technology currently has a consensus rating of "Buy" and a consensus target price of $1,295.63.

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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