Micron Technology, Inc. $MU Shares Sold by Braun Stacey Associates Inc.

Key Points

• Braun Stacey Associates reduced its Micron stake by 33.1% in the second quarter, selling 47,317 shares and retaining 95,775 shares valued at approximately $110.6 million. Institutional investors collectively own 80.84% of Micron.
• Micron reported a major earnings beat, with quarterly EPS of $25.11 versus the $21.39 consensus and revenue of $41.46 billion, up 345.8% year over year. Analysts remain bullish, with the stock carrying a consensus “Buy” rating and an average price target of $1,295.63.
• Company insiders sold shares worth about $182.2 million during the quarter, while Micron maintained a quarterly dividend of $0.15 per share, equivalent to a 0.1% yield.

Braun Stacey Associates Inc. lessened its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 33.1% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 95,775 shares of the semiconductor manufacturer's stock after selling 47,317 shares during the quarter. Micron Technology comprises about 3.1% of Braun Stacey Associates Inc.'s investment portfolio, making the stock its 5th largest position. Braun Stacey Associates Inc.'s holdings in Micron Technology were worth $110,552,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in MU. Andar Capital Management HK Ltd grew its holdings in Micron Technology by 856,960.3% during the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock worth $39,571,847,000 after acquiring an additional 34,278,413 shares during the period. Norges Bank acquired a new position in shares of Micron Technology in the 4th quarter valued at $6,433,456,000. Primecap Management Co. CA bought a new position in shares of Micron Technology in the 2nd quarter worth $22,182,263,000. Legal & General Group Plc bought a new position in shares of Micron Technology in the 2nd quarter worth $8,402,393,000. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Micron Technology during the second quarter worth $3,761,237,000. Institutional investors own 80.84% of the company's stock.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $1,016.59 on Tuesday. The stock has a market capitalization of $1.15 trillion, a price-to-earnings ratio of 23.02, a PEG ratio of 0.64 and a beta of 2.22. The business has a 50-day moving average of $932.58 and a 200-day moving average of $741.12. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a fifty-two week low of $125.66 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same quarter in the prior year, the company posted $1.91 earnings per share. Micron Technology's 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. As a group, sell-side analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were issued a dividend of $0.15 per share. 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 dividend payout ratio (DPR) is currently 1.36%.

Insider Activity at Micron Technology

In other news, CAO Scott Allen sold 879 shares of the business's stock in a transaction that occurred 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 completion of the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the company's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the transaction, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 177,204 shares of company stock worth $182,156,264 in the last quarter. 0.24% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

MU has been the topic of several recent analyst reports. Needham & Company LLC lifted their price objective on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the stock a "buy" rating in a research note on Thursday, June 25th. Seaport Research Partners reissued a "buy" rating on shares of Micron Technology in a report on Friday, August 14th. Bank of America raised their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a research note on Tuesday, June 23rd. Wells Fargo & Company raised their price target on Micron Technology from $1,220.00 to $1,525.00 and gave the stock an "overweight" rating in a research report on Thursday, June 25th. Finally, Royal Bank Of Canada boosted their price objective on Micron Technology from $1,200.00 to $1,500.00 and gave the company an "outperform" rating in a research report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $1,295.63.

Micron Technology News Summary

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

• Positive Sentiment: Analysts and market commentators remain bullish on Micron’s role as a supplier of high-bandwidth memory (HBM) used in AI systems. Korean memory stocks reportedly surged while U.S. markets were closed, reinforcing expectations that tight AI-memory supply and strong pricing could support Micron’s earnings and its roughly $50 billion outlook. Micron's $50 Billion Guide Gets an 8.3% Signal From Seoul
• Positive Sentiment: A top analyst issued an aggressive new price target for MU, while several articles argue that the memory shortage and AI infrastructure buildout could drive another leg higher. Some forecasts point to continued momentum into and after the Sept. 30 earnings release. Micron, SanDisk get new aggressive price targets from top analyst Prediction: Micron Stock Will Skyrocket After Sept. 30
• Positive Sentiment: Micron’s latest quarterly results substantially exceeded expectations, with $25.11 in EPS and $41.46 billion in revenue, up 345.8% year over year. That performance provides a strong fundamental backdrop for the current rally and raises expectations for another earnings beat.
• Neutral Sentiment: Investors are now focused on whether contract-memory pricing, HBM demand and management’s guidance can justify MU’s elevated valuation and support a move toward the $1,250 area. What Would It Take to Get MU Stock Up to $1,250?
• Negative Sentiment: Micron’s plan to significantly expand HBM capacity could eventually create oversupply, pressure pricing and weaken margins if AI demand fails to keep pace. The stock has also struggled to regain its June peak, prompting questions about whether the rally is losing momentum. Could Doubling HBM Capacity Create an Oversupply Headwind? Is Micron Technology Stock Running Out of Steam?

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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