Howe & Rusling Inc. Sells 22,029 Shares of Micron Technology, Inc. $MU

Key Points

• Howe & Rusling Inc. reduced its holdings in Micron Technology by 21.1% during the first quarter, selling 22,029 shares and leaving them with 82,456 shares worth approximately $7.17 million.
• Institutional investors own about 80.84% of Micron Technology's stock, with Vanguard Group increasing its stake by 2.1% and Goldman Sachs boosting its position by 23.8% in the same period.
• Micron Technology reported earnings of $1.91 per share, exceeding analysts' expectations, and set its Q4 2025 guidance between $2.350 and $2.650 EPS.

Howe & Rusling Inc. reduced its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 21.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 82,456 shares of the semiconductor manufacturer's stock after selling 22,029 shares during the quarter. Howe & Rusling Inc.'s holdings in Micron Technology were worth $7,165,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in MU. Vanguard Group Inc. lifted its stake in Micron Technology by 2.1% during the first quarter. Vanguard Group Inc. now owns 101,906,368 shares of the semiconductor manufacturer's stock worth $8,854,644,000 after purchasing an additional 2,049,163 shares during the last quarter. Goldman Sachs Group Inc. lifted its stake in Micron Technology by 23.8% during the first quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer's stock worth $922,467,000 after purchasing an additional 2,038,641 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its stake in Micron Technology by 0.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 6,938,848 shares of the semiconductor manufacturer's stock valued at $602,917,000 after buying an additional 58,285 shares during the last quarter. Dimensional Fund Advisors LP lifted its stake in Micron Technology by 26.3% in the first quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer's stock valued at $590,807,000 after buying an additional 1,416,174 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. lifted its stake in Micron Technology by 0.4% in the first quarter. Sumitomo Mitsui Trust Group Inc. now owns 4,366,631 shares of the semiconductor manufacturer's stock valued at $379,417,000 after buying an additional 17,970 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Micron Technology stock traded up $6.66 on Friday, reaching $157.23. The company's stock had a trading volume of 32,223,879 shares, compared to its average volume of 18,134,322. 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 company has a market cap of $175.96 billion, a price-to-earnings ratio of 28.33 and a beta of 1.47. The business's fifty day moving average price is $119.94 and its 200 day moving average price is $103.25. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $158.28.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 EPS for the quarter, topping analysts' consensus estimates of $1.57 by $0.34. The company 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 previous year, the firm earned $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. Equities analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts recently issued reports on MU shares. Deutsche Bank Aktiengesellschaft started coverage on Micron Technology in a report on Thursday, July 10th. They set a "buy" rating and a $150.00 target price on the stock. Arete Research upgraded Micron Technology to a "strong-buy" rating in a research report on Friday, July 18th. KeyCorp lifted their price target on Micron Technology from $135.00 to $160.00 and gave the company an "overweight" rating in a report on Thursday, June 26th. Piper Sandler raised their price objective on Micron Technology from $120.00 to $165.00 and gave the company an "overweight" rating in a research note on Thursday, June 26th. Finally, TD Cowen raised their price objective on Micron Technology from $125.00 to $150.00 and gave the company a "buy" rating in a research note on Thursday, June 26th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Micron Technology currently has an average rating of "Moderate Buy" and a consensus price target of $151.76.

Insider Buying and Selling at Micron Technology

In other news, EVP Sumit Sadana sold 92,638 shares of the company's stock in a transaction on Friday, June 27th. The stock was sold at an average price of $125.49, for a total transaction of $11,625,142.62. Following the transaction, the executive vice president owned 201,326 shares of the company's stock, valued at $25,264,399.74. This represents a 31.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Manish H. Bhatia sold 80,000 shares of the company's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $123.16, for a total value of $9,852,800.00. Following the completion of the sale, the executive vice president owned 275,067 shares of the company's stock, valued at $33,877,251.72. This represents a 22.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,946 shares of company stock valued at $33,962,819 over the last ninety days. Company insiders own 0.30% of the company's stock.

About Micron Technology

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.