Micron Technology, Inc. $MU Shares Acquired by Goldstone Financial Group LLC

Key Points

• Goldstone Financial Group LLC increased its stake in Micron Technology by 50.2% during the 2nd quarter, now owning 5,180 shares valued at approximately $633,000.
• Insider selling was significant as CFO Mark J. Murphy and EVP Sumit Sadana sold over 126,000 shares combined, indicating a decrease in their positions by 11.41% and 31.51% respectively.
• Micron Technology reported Q2 earnings of $1.91 per share, exceeding estimates, and has set a Q4 2025 EPS guidance between $2.350 and $2.650.

Goldstone Financial Group LLC grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 50.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,180 shares of the semiconductor manufacturer's stock after purchasing an additional 1,731 shares during the period. Goldstone Financial Group LLC's holdings in Micron Technology were worth $633,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of MU. Brighton Jones LLC lifted its stake in Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after acquiring an additional 976 shares in the last quarter. Bank Pictet & Cie Europe AG increased its holdings in shares of Micron Technology by 19.5% during the 4th quarter. Bank Pictet & Cie Europe AG now owns 85,722 shares of the semiconductor manufacturer's stock valued at $7,214,000 after acquiring an additional 13,985 shares during the last quarter. State of Wyoming increased its holdings in shares of Micron Technology by 2,336.1% during the 4th quarter. State of Wyoming now owns 3,581 shares of the semiconductor manufacturer's stock valued at $301,000 after acquiring an additional 3,434 shares during the last quarter. Triglav Skladi D.O.O. acquired a new stake in Micron Technology in the 4th quarter valued at approximately $11,556,000. Finally, Sphera Management Technology Funds Ltd acquired a new stake in Micron Technology in the 4th quarter valued at approximately $2,104,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Mark J. Murphy sold 34,000 shares of the company's stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $109.32, for a total value of $3,716,880.00. Following the transaction, the chief financial officer owned 264,036 shares of the company's stock, valued at approximately $28,864,415.52. This represents a 11.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sumit Sadana sold 92,638 shares of the company's stock in a transaction that occurred on Friday, June 27th. The shares were sold at an average price of $125.49, for a total value of $11,625,142.62. Following the completion of the transaction, the executive vice president directly owned 201,326 shares in the company, valued at $25,264,399.74. The trade was a 31.51% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 268,446 shares of company stock valued at $33,055,075 in the last ninety days. 0.30% of the stock is currently owned by company insiders.

Micron Technology Stock Performance

MU opened at $157.77 on Tuesday. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $160.34. The firm has a market capitalization of $176.56 billion, a PE ratio of 28.43 and a beta of 1.47. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.89 and a current ratio of 2.75. The business's 50-day simple moving average is $120.69 and its 200 day simple moving average is $103.78.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings data on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.57 by $0.34. The firm had revenue of $9.30 billion for the quarter, compared to analyst estimates of $8.83 billion. Micron Technology had a return on equity of 13.60% and a net margin of 18.41%.During the same quarter in the prior year, the company earned $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. As a group, sell-side analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th were given a $0.115 dividend. The ex-dividend date of this dividend was Monday, July 7th. This represents a $0.46 annualized dividend and a dividend yield of 0.3%. Micron Technology's dividend payout ratio is presently 8.29%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on MU shares. Stifel Nicolaus lifted their price objective on Micron Technology from $130.00 to $145.00 and gave the stock a "buy" rating in a report on Thursday, June 26th. Wedbush lifted their price objective on Micron Technology from $150.00 to $165.00 and gave the company an "outperform" rating in a research report on Thursday, June 26th. Morgan Stanley lifted their target price on Micron Technology from $98.00 to $135.00 and gave the company an "equal weight" rating in a research note on Thursday, June 26th. Citigroup lifted their target price on Micron Technology from $150.00 to $175.00 and gave the company a "buy" rating in a research note on Thursday, September 11th. Finally, Barclays lifted their price objective on Micron Technology from $95.00 to $140.00 and gave the stock an "overweight" rating in a research note on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Micron Technology currently has an average rating of "Moderate Buy" and an average target price of $155.16.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

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