Micron Technology, Inc. $MU Stake Lessened by Gould Capital LLC

Key Points

• Gould Capital LLC significantly reduced its stake in Micron Technology by 95.4%, ending the quarter with only 601 shares valued at $52,000 after selling 12,457 shares.
• Major hedge funds like Vanguard and Goldman Sachs increased their positions in Micron, reflecting strong institutional interest, with Vanguard owning over 101 million shares valued at approximately $8.85 billion.
• Micron's recent earnings report revealed an earnings per share (EPS) of $1.91, which surpassed analyst expectations of $1.57, and the company has guided for a Q4 2025 EPS of 2.350-2.650.

Gould Capital LLC cut its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 95.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 601 shares of the semiconductor manufacturer's stock after selling 12,457 shares during the quarter. Gould Capital LLC's holdings in Micron Technology were worth $52,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently modified their holdings of MU. Sunbeam Capital Management LLC purchased a new stake in shares of Micron Technology during the 4th quarter valued at about $26,000. Opal Wealth Advisors LLC acquired a new stake in Micron Technology in the first quarter valued at approximately $33,000. AllSquare Wealth Management LLC raised its stake in shares of Micron Technology by 100.0% during the first quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer's stock valued at $35,000 after purchasing an additional 200 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Micron Technology during the first quarter worth $36,000. Finally, Roxbury Financial LLC lifted its position in shares of Micron Technology by 306.1% during the first quarter. Roxbury Financial LLC now owns 398 shares of the semiconductor manufacturer's stock worth $37,000 after purchasing an additional 300 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 15,000 shares of the stock in a transaction on Tuesday, June 24th. The stock was sold at an average price of $125.12, for a total value of $1,876,800.00. Following the sale, the executive vice president directly owned 148,167 shares of the company's stock, valued at $18,538,655.04. This trade represents a 9.19% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Sumit Sadana sold 92,638 shares of the firm's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $125.49, for a total value of $11,625,142.62. Following the completion of the sale, the executive vice president owned 201,326 shares in the company, valued at $25,264,399.74. The trade was a 31.51% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 286,042 shares of company stock worth $34,679,277. 0.30% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MU has been the topic of a number of recent analyst reports. Susquehanna boosted their price objective on shares of Micron Technology from $150.00 to $160.00 and gave the stock a "positive" rating in a report on Thursday, June 26th. The Goldman Sachs Group assumed coverage on Micron Technology in a research report on Thursday, July 10th. They set a "neutral" rating and a $130.00 target price on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on Micron Technology in a report on Thursday, July 10th. They issued a "buy" rating and a $150.00 price target for the company. Mizuho lifted their price objective on Micron Technology from $124.00 to $130.00 and gave the stock an "outperform" rating in a report on Thursday, June 5th. Finally, Needham & Company LLC reaffirmed a "buy" rating and issued a $150.00 target price on shares of Micron Technology in a research report on Monday, August 11th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty have assigned a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Micron Technology presently has a consensus rating of "Moderate Buy" and an average price target of $147.24.

Micron Technology Stock Performance

Micron Technology stock traded up $1.89 during mid-day trading on Friday, reaching $117.68. The company's stock had a trading volume of 16,990,488 shares, compared to its average volume of 19,126,924. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $129.85. The business has a 50 day moving average price of $118.48 and a 200-day moving average price of $100.09. The firm has a market cap of $131.70 billion, a price-to-earnings ratio of 21.20 and a beta of 1.37.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.57 by $0.34. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. The company had revenue of $9.30 billion for the quarter, compared to the consensus estimate of $8.83 billion. During the same period last year, the firm posted $0.62 EPS. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Investors of record on Monday, July 7th were issued a $0.115 dividend. The ex-dividend date of this dividend was Monday, July 7th. This represents a $0.46 annualized dividend and a dividend yield of 0.4%. Micron Technology's dividend payout ratio (DPR) is 8.29%.

Micron Technology Profile

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.