Micron Technology, Inc. $MU Shares Purchased by Wealth Effects LLC

Key Points

• Wealth Effects LLC increased its Micron stake by 7.4% in the first quarter, buying 1,443 more shares and bringing its total holding to 20,818 shares worth about $7.0 million. Micron remained an 8th-largest position and made up roughly 2.5% of the firm’s portfolio.
• Micron reported blowout quarterly results, with EPS of $25.11 versus the $21.39 estimate and revenue of $41.46 billion versus $35.91 billion expected. The company also issued strong Q4 2026 EPS guidance of $30 to $32, reinforcing optimism around AI-driven memory demand.
• Analysts turned more bullish on MU after the earnings release, with several firms raising price targets to as high as $1,500 and the consensus rating remaining a “Buy.” At the same time, the stock has faced some pressure from broader tech and semiconductor selloffs after its sharp post-earnings rally.

Wealth Effects LLC raised its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 7.4% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 20,818 shares of the semiconductor manufacturer's stock after purchasing an additional 1,443 shares during the quarter. Micron Technology accounts for approximately 2.5% of Wealth Effects LLC's portfolio, making the stock its 8th largest position. Wealth Effects LLC's holdings in Micron Technology were worth $7,033,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Capital Advisors Ltd. LLC grew its stake in shares of Micron Technology by 10.3% in the first quarter. Capital Advisors Ltd. LLC now owns 247 shares of the semiconductor manufacturer's stock valued at $83,000 after buying an additional 23 shares in the last quarter. Manning & Napier Advisors LLC lifted its stake in Micron Technology by 2.4% during the 4th quarter. Manning & Napier Advisors LLC now owns 1,030 shares of the semiconductor manufacturer's stock worth $301,000 after acquiring an additional 24 shares in the last quarter. Essex Bank boosted its holdings in Micron Technology by 2.0% during the 1st quarter. Essex Bank now owns 1,252 shares of the semiconductor manufacturer's stock valued at $423,000 after acquiring an additional 24 shares during the period. SWAN Capital LLC boosted its holdings in Micron Technology by 9.7% during the 4th quarter. SWAN Capital LLC now owns 271 shares of the semiconductor manufacturer's stock valued at $77,000 after acquiring an additional 24 shares during the period. Finally, Vivaldi Capital Management LP boosted its holdings in Micron Technology by 1.2% during the 4th quarter. Vivaldi Capital Management LP now owns 1,964 shares of the semiconductor manufacturer's stock valued at $561,000 after acquiring an additional 24 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Down 6.7%

MU stock opened at $1,132.33 on Friday. The company's 50 day moving average price is $817.22 and its 200 day moving average price is $524.65. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.32 and a current ratio of 3.42. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,255.00. The firm has a market capitalization of $1.28 trillion, a price-to-earnings ratio of 25.64 and a beta of 2.16.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter in the previous year, the firm earned $1.91 earnings per share. The firm'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. On average, equities research analysts anticipate that Micron Technology, Inc. will post 60.62 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th will be 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 is Monday, July 6th. Micron Technology's dividend payout ratio (DPR) is presently 2.83%.

Insider Activity

In other Micron Technology news, CEO Sanjay Mehrotra sold 37,439 shares of the firm's stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total value of $35,955,666.82. Following the sale, the chief executive officer directly owned 387,064 shares in the company, valued at $371,728,524.32. This trade represents a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares of the company's stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 146,000 shares of company stock valued at $85,486,715 in the last 90 days. Company insiders own 0.24% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on MU. Royal Bank Of Canada boosted their price target on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock an "outperform" rating in a research note on Thursday. Erste Group Bank upgraded shares of Micron Technology from a "hold" rating to a "buy" rating in a report on Thursday. Bank of America upped their target price on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a research note on Tuesday. Citigroup increased their target price on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the stock a "buy" rating in a report on Thursday. Finally, Melius Research initiated coverage on shares of Micron Technology in a research report on Monday, April 27th. They issued a "buy" rating and a $700.00 price target for the company. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus target price of $1,263.76.

Key Micron Technology News

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

• Positive Sentiment: Analysts turned more bullish after Micron’s blowout earnings and strong AI-memory demand, with multiple firms raising price targets and saying the company’s long-term customer agreements improve revenue visibility. Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
• Positive Sentiment: Micron’s results showed surging revenue, record margins, and management commentary that AI-driven memory shortages could persist for years, reinforcing the bull case for continued pricing power. Micron stock jumps over 16% in premarket trading after blockbuster earnings
• Positive Sentiment: New articles also argue Micron is a key beneficiary of the AI memory boom and may still have room to run because demand is outpacing supply across data centers and AI infrastructure. Micron + One Explosive AI Memory Stock to Buy Before H2 2026
• Neutral Sentiment: Some coverage says investors are reassessing Micron after a huge rally, with a few commentators warning the stock could already be pricing in peak-cycle profits. Micron Was Yesterday's Win — Here's How to Find Tomorrow's
• Negative Sentiment: Micron is also being pressured by a broader tech and chip selloff, with traders taking profits after the post-earnings surge and global semiconductor stocks coming under pressure. Micron falls 5% in premarket, paring earlier gains amid tech rout

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.

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