Micron Technology, Inc. $MU Shares Acquired by Farther Finance Advisors LLC

Key Points

• Farther Finance Advisors increased its Micron stake by 8.6% in the second quarter, purchasing 4,594 additional shares for a total of 57,711 shares valued at approximately $66.6 million. Institutional investors collectively own 80.84% of Micron.
• Micron reported a major quarterly earnings beat, with EPS of $25.11 versus the $21.39 consensus and revenue of $41.46 billion versus $35.91 billion expected. Revenue surged 345.8% year over year, driven by strong demand for memory and AI-related products.
• Analysts remain broadly bullish, with the stock carrying an average “Buy” rating and a $1,259.97 price target, though insider selling and concerns about cyclical memory demand, elevated valuations and rising Treasury yields pose risks.

Farther Finance Advisors LLC increased its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 8.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,711 shares of the semiconductor manufacturer's stock after buying an additional 4,594 shares during the period. Micron Technology comprises approximately 0.5% of Farther Finance Advisors LLC's holdings, making the stock its 28th biggest holding. Farther Finance Advisors LLC's holdings in Micron Technology were worth $66,604,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Vanguard Group Inc. increased its position in shares of Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock worth $30,427,016,000 after acquiring an additional 1,954,644 shares during the last quarter. State Street Corp lifted its stake in shares of Micron Technology by 2.1% in the fourth quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer's stock worth $15,061,310,000 after acquiring an additional 1,090,644 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. Morgan Stanley boosted its holdings in Micron Technology by 5.1% in the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer's stock valued at $4,679,771,000 after purchasing an additional 794,289 shares during the last quarter. Finally, Northern Trust Corp grew its stake in Micron Technology by 1.9% during the 4th quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer's stock valued at $3,040,858,000 after purchasing an additional 194,550 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Stock Performance

MU stock opened at $937.10 on Thursday. The company has a 50-day simple moving average of $967.75 and a 200 day simple moving average of $690.43. The company has a market capitalization of $1.06 trillion, a P/E ratio of 21.22 and a beta of 2.18. 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 fifty-two week low of $113.46 and a fifty-two week high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating 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 firm 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 earned $1.91 EPS. Micron Technology'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. Sell-side analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently disclosed 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. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology's dividend payout ratio (DPR) is currently 1.36%.

More Micron Technology News

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

• Positive Sentiment: Micron is benefiting from accelerating artificial-intelligence demand for high-bandwidth memory (HBM), server DRAM and data-center storage. The expansion of agentic AI workloads could broaden the company’s memory opportunity and support long-term growth. Will Agentic AI Adoption Expand Micron’s Memory Growth Opportunity?
• Positive Sentiment: Micron continues to gain NAND market share, while its SSD business surpassed $5 billion in quarterly revenue and NAND revenue reportedly grew sharply year over year. Long-term customer agreements also provide visibility into demand through 2028. Micron Stock Is Under Pressure but the Market Is Missing the Good News
• Positive Sentiment: SK Hynix’s authorization of an approximately $28.6 billion share-repurchase and cancellation program is lifting sentiment across the memory sector. The move signals management confidence in AI-memory demand and helped Micron rebound earlier in the session. SK Hynix Rises on Buyback as Memory Names Rebound
• Positive Sentiment: Analysts remain constructive: Bank of America reiterated a Buy rating and a $1,550 price target, while other commentary highlights Micron’s comparatively low forward valuation despite its AI-driven earnings growth. Analyst Issues New Micron Stock Price Target
• Neutral Sentiment: Micron’s latest reported quarter substantially exceeded expectations, with revenue of $41.46 billion versus a $35.91 billion consensus estimate and EPS of $25.11 versus $21.39 expected. However, investors are now focusing more on the durability of these unusually strong results than on the earnings beat itself.
• Negative Sentiment: Rising Treasury yields and concerns about higher financing costs for AI infrastructure are pressuring high-growth semiconductor stocks. The weakness has spread across global memory names and reflects profit-taking after Micron’s substantial year-to-date rally. AI Chip Stocks Pull Back as Yields Rise
• Negative Sentiment: Some investors question whether HBM pricing and demand can remain elevated as memory remains a cyclical industry. Concerns about aggressive semiconductor capacity expansion, concentrated hyperscaler spending and Micron trading well above estimated intrinsic value are adding valuation risk. Micron Trades Above GF Value as Semiconductor Selloff Deepens

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 31,285 shares of the business's stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $926.83, for a total transaction of $28,995,876.55. Following the sale, the chief executive officer owned 313,218 shares of the company's stock, valued at $290,299,838.94. The trade was a 9.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the company's stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the sale, the director owned 17,728 shares of the company's stock, valued at $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 162,179 shares of company stock worth $167,811,861 in the last three months. 0.24% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several research firms have issued reports on MU. Susquehanna lifted their price objective on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a "positive" rating in a report on Thursday, June 25th. Mizuho increased their target price on Micron Technology from $1,150.00 to $1,375.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. Erste Group Bank raised shares of Micron Technology from a "hold" rating to a "buy" rating in a research report on Thursday, June 25th. DA Davidson lifted their price target on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a "buy" rating in a research note on Thursday, June 25th. Finally, Melius Research initiated coverage on shares of Micron Technology in a report on Monday, April 27th. They issued a "buy" rating and a $700.00 price target on the stock. Three analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Buy" and an average price target of $1,259.97.

Micron Technology Company Profile

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.

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