Micron Technology, Inc. $MU Shares Purchased by Integrated Financial Solutions Inc.

Key Points

• Integrated Financial Solutions increased its Micron stake by 339.2% in the second quarter, bringing its holdings to 2,798 shares valued at approximately $3.23 million. Institutional investors and hedge funds collectively own 80.84% of Micron’s stock.
• Micron reported quarterly EPS of $25.11 and revenue of $41.46 billion, exceeding analyst estimates of $21.39 EPS and $35.91 billion in revenue. Revenue rose 345.8% year over year.
• Analysts remain broadly bullish, with 36 covering the stock rating it Buy or Strong Buy and a consensus price target of $1,259.97, though company insiders have sold about $167.8 million of shares over the past 90 days.

Integrated Financial Solutions Inc. raised its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 339.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,798 shares of the semiconductor manufacturer's stock after purchasing an additional 2,161 shares during the quarter. Micron Technology accounts for 1.7% of Integrated Financial Solutions Inc.'s investment portfolio, making the stock its 14th biggest holding. Integrated Financial Solutions Inc.'s holdings in Micron Technology were worth $3,230,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also modified their holdings of MU. Ledyard National Bank purchased a new stake in shares of Micron Technology during the second quarter worth approximately $1,723,000. Patriot Financial Group Insurance Agency LLC grew its position in Micron Technology by 91.4% in the 2nd quarter. Patriot Financial Group Insurance Agency LLC now owns 10,384 shares of the semiconductor manufacturer's stock valued at $11,987,000 after buying an additional 4,958 shares during the last quarter. Riversedge Advisors LLC grew its position in Micron Technology by 4.2% in the 2nd quarter. Riversedge Advisors LLC now owns 2,399 shares of the semiconductor manufacturer's stock valued at $2,769,000 after buying an additional 96 shares during the last quarter. Ramiah Investment Group acquired a new position in Micron Technology in the 2nd quarter valued at $420,000. Finally, Penobscot Wealth Management purchased a new stake in shares of Micron Technology in the second quarter valued at about $522,000. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Stock Performance

Shares of MU opened at $1,011.75 on Tuesday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The stock has a market cap of $1.14 trillion, a P/E ratio of 22.91 and a beta of 2.19. The company has a 50-day moving average of $966.74 and a two-hundred day moving average of $683.34. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly 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. The business had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company's quarterly revenue was up 345.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors 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 yield of 0.1%. Micron Technology's payout ratio is presently 1.36%.

Wall Street Analysts Forecast Growth

MU has been the topic of a number of analyst reports. Raymond James Financial lifted their price objective on Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. The Goldman Sachs Group raised their price target on Micron Technology from $900.00 to $1,100.00 and gave the company a "neutral" rating in a report on Thursday, June 25th. Mizuho upped their price objective on Micron Technology from $1,150.00 to $1,375.00 and gave the stock an "outperform" rating in a report on Thursday, June 25th. UBS Group reiterated a "buy" rating on shares of Micron Technology in a research report on Monday, August 10th. Finally, Barclays raised their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the company an "overweight" rating in a report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of "Buy" and a consensus target price of $1,259.97.

Insider Activity

In other news, CAO Scott R. Allen sold 879 shares of the firm's stock in a transaction on Thursday, July 23rd. The stock was 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 in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mehrotra sold 37,439 shares of Micron Technology stock in a transaction on Friday, May 29th. The shares were sold at an average price of $960.38, for a total value of $35,955,666.82. Following the completion of the sale, the chief executive officer directly owned 387,064 shares of the company's stock, valued at approximately $371,728,524.32. This represents a 8.82% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 162,179 shares of company stock valued at $167,811,861 in the last 90 days. Company insiders own 0.24% of the company's stock.

Key Micron Technology News

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

• Positive Sentiment: AI-driven memory shortage: Demand for high-bandwidth memory (HBM) used in AI data centers continues to absorb manufacturing capacity. HBM requires substantially more wafer capacity than conventional DRAM, supporting tight supply, higher pricing and stronger margins for Micron. Industry growth targets and fully allocated HBM production suggest the shortage could persist. Why This Memory Chip Boom May Have More Staying Power Than History Suggests
• Positive Sentiment: U.S. policy reduces Chinese competition: Reports that the White House is discouraging U.S. technology companies from sourcing conventional memory chips from Chinese suppliers, including Apple’s potential suppliers, improved sentiment toward Micron and other Western memory producers. The policy could strengthen Micron’s negotiating position and support longer-term domestic demand. Micron Shares Rise as White House Pushes Apple Away From Chinese Memory Chips
• Positive Sentiment: Upbeat analyst outlook: Bank of America maintained a Buy rating and a $1,550 price target, arguing that concerns about a cyclical peak are overstated. The firm projects Micron’s earnings could exceed $230 per share by fiscal 2030, while recent quarterly results showed $41.46 billion in revenue and $25.11 in EPS, both well ahead of estimates. BofA Sees Micron EPS Topping $230 by FY30
• Positive Sentiment: Broader AI enthusiasm: Comments from Elon Musk emphasizing the importance of memory and storage for agentic AI helped lift Micron alongside SanDisk and other memory stocks. Comparisons with AMD and NVIDIA also highlighted Micron’s rapid earnings growth and relatively lower valuation. Elon Musk Just Uttered Massively Bullish Words for Micron
• Neutral Sentiment: Institutional profit-taking: Appaloosa Management reduced its Micron position by 41%, while Stanley Druckenmiller’s Duquesne Family Office exited the stock. The selling may reflect profit-taking after the enormous rally, although Micron remains a major holding for some investors. Hedge Fund Heavyweights Are Dumping Micron
• Negative Sentiment: Risks remain elevated: Micron’s sharp advance leaves the stock vulnerable to valuation compression, profit-taking, a broader technology pullback and any eventual increase in memory supply. Intel is also exploring new memory architectures, potentially creating a longer-term competitive threat. Intel Eyes a Memory Comeback

Micron Technology 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.

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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