Micron Technology, Inc. $MU Shares Acquired by Teamwork Financial Advisors LLC

Key Points

• Teamwork Financial Advisors increased its Micron position by 50.5% in the second quarter, bringing its holdings to 5,506 shares valued at approximately $6.36 million. Hedge funds and other institutional investors collectively own 80.84% of Micron stock.
• Micron reported a strong quarter, with revenue up 345.8% year over year to $41.46 billion and EPS of $25.11, well above analyst expectations. The company also issued fourth-quarter EPS guidance of $30 to $32.
• Analysts remain broadly bullish, with a consensus “Buy” rating and an average price target of $1,260.31, though concerns include potential future memory oversupply, weaker industry outlooks, and the possibility of lower memory content in Nvidia’s future GPUs.

Teamwork Financial Advisors LLC increased its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 50.5% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 5,506 shares of the semiconductor manufacturer's stock after purchasing an additional 1,848 shares during the quarter. Teamwork Financial Advisors LLC's holdings in Micron Technology were worth $6,356,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. TrueWealth Advisors LLC grew its holdings in Micron Technology by 9.5% during the 2nd quarter. TrueWealth Advisors LLC now owns 1,310 shares of the semiconductor manufacturer's stock valued at $1,512,000 after purchasing an additional 114 shares in the last quarter. Puff Wealth Management LLC acquired a new position in Micron Technology in the 2nd quarter worth $728,000. FNY Investment Advisers LLC lifted its holdings in Micron Technology by 3,298.0% in the 2nd quarter. FNY Investment Advisers LLC now owns 1,699 shares of the semiconductor manufacturer's stock worth $1,961,000 after buying an additional 1,649 shares in the last quarter. Cooper Financial Group boosted its position in Micron Technology by 20.8% in the 2nd quarter. Cooper Financial Group now owns 7,919 shares of the semiconductor manufacturer's stock valued at $9,141,000 after buying an additional 1,366 shares during the last quarter. Finally, Brave Asset Management Inc. purchased a new position in Micron Technology in the 2nd quarter valued at about $428,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $877.57 on Friday. The firm has a market cap of $991.12 billion, a PE ratio of 19.87 and a beta of 2.18. The firm's 50-day simple moving average is $975.03 and its 200-day simple moving average is $658.56. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a 1 year low of $111.67 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping analysts' consensus estimates 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 return on equity of 71.13% and a net margin of 55.91%.The company's revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period last year, the firm earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal 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 issued a $0.15 dividend. 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 payout ratio is 1.36%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director owned 17,139 shares of the company's stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CAO Scott R. Allen sold 879 shares of the business's stock in a transaction 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 owned 34,958 shares of the company's stock, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 164,179 shares of company stock worth $169,385,921. 0.24% of the stock is owned by insiders.

Micron Technology News Summary

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

• Positive Sentiment: Citigroup lowered its price target to $1,150 from $1,400 but maintained a Buy rating, implying roughly 31% upside from the referenced price. The target cut reflects a more cautious outlook, but the continued Buy rating signals confidence in Micron’s earnings potential. Benzinga price target report
• Positive Sentiment: Micron’s latest quarterly results remain a major fundamental support: revenue rose 345.8% year over year to $41.46 billion, adjusted EPS reached $25.11, and fourth-quarter guidance calls for approximately $50 billion in revenue and about $31 in adjusted EPS. The company also disclosed 16 strategic customer agreements extending through 2030, several with pricing floors or bands that could provide more stable revenue and margins. Micron long-term AI memory contracts
• Positive Sentiment: Ongoing AI data-center expansion is supporting demand for high-bandwidth memory, while higher memory costs are contributing to increased capital spending by major cloud customers. This reinforces the view that Micron’s premium AI-memory products remain supply constrained. Amazon memory costs and capital spending
• Neutral Sentiment: SK Hynix approved approximately $38 billion for two new South Korean memory fabs. The investment highlights strong industry demand, but investors are concerned that additional supply could eventually pressure pricing and reduce Micron’s exceptional margins. SK Hynix new memory fabs
• Negative Sentiment: Fresh commentary from Citi points to a more cautious memory-pricing outlook, while weaker-than-expected outlooks from SanDisk and Western Digital have triggered a broader memory-stock selloff. Investors are increasingly focused on whether today’s AI-related shortage will lead to oversupply in future years. Why Micron stock is falling
• Negative Sentiment: Reports that Nvidia is considering lower-memory versions of future Rubin Ultra GPUs raise concerns that customers could reduce high-bandwidth memory content per system, potentially limiting long-term HBM growth. Nvidia Rubin Ultra memory report

Analyst Upgrades and Downgrades

Several analysts have recently weighed in on MU shares. Raymond James Financial raised their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. Bank of America increased their price target on Micron Technology from $950.00 to $1,500.00 and gave the company a "buy" rating in a report on Tuesday, June 23rd. Mizuho raised their price objective 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. Wedbush raised their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. Finally, Royal Bank Of Canada lifted their price objective on Micron Technology from $1,200.00 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 given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Buy" and an average target price of $1,260.31.

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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