MW Advisory LLC Purchases New Position in Micron Technology, Inc. $MU

Key Points

• MW Advisory LLC acquired a new Micron position of 1,243 shares valued at approximately $1.44 million. Institutional investors collectively own 80.84% of Micron’s outstanding stock.
• Micron reported strong quarterly results, earning $25.11 per share versus the $21.39 consensus estimate and generating $41.46 billion in revenue, up 345.8% year over year. AI-related demand, constrained memory supply and long-term customer agreements are supporting the outlook.
• Wall Street remains bullish but expectations are elevated: Micron has a consensus “Buy” rating and an average price target of $1,295.63, while recent insider selling and concerns about valuation, competition and memory-price volatility remain risks.

MW Advisory LLC purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 1,243 shares of the semiconductor manufacturer's stock, valued at approximately $1,435,000.

Several other institutional investors and hedge funds have also bought and sold shares of MU. Andar Capital Management HK Ltd increased its stake in shares of Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after buying an additional 34,278,413 shares during the period. Norges Bank bought a new position in shares of Micron Technology during the fourth quarter valued at approximately $6,433,456,000. Primecap Management Co. CA purchased a new stake in Micron Technology in the second quarter worth $22,182,263,000. Legal & General Group Plc purchased a new stake in Micron Technology in the second quarter worth $8,402,393,000. Finally, Situational Awareness LP boosted its holdings in Micron Technology by 1,149.0% in the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer's stock valued at $5,573,819,000 after acquiring an additional 5,289,124 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $975.26 on Friday. 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 firm has a market capitalization of $1.10 trillion, a P/E ratio of 22.08, a P/E/G ratio of 0.62 and a beta of 2.22. The business has a fifty day simple moving average of $929.44 and a two-hundred day simple moving average of $754.92. Micron Technology, Inc. has a 12 month low of $153.21 and a 12 month high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating analysts' consensus estimates of $21.39 by $3.72. The firm had revenue of $41.46 billion for the quarter, compared to analysts' expectations 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 quarter in the previous year, the business posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities analysts forecast that Micron Technology, Inc. will post 72.93 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 21st. Investors of record on Monday, July 6th were paid 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 payout ratio is presently 1.36%.

Micron Technology News Summary

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

• Positive Sentiment: AI demand and supply constraints remain major tailwinds. Oracle’s strong cloud-infrastructure growth reinforced expectations for continued data-center AI spending, while limited DRAM and high-bandwidth memory supply could support Micron’s pricing and margins. Micron Stock Rises as This Key Number From Oracle Boosts AI Trade
• Positive Sentiment: Long-term customer agreements may reduce earnings volatility. Micron’s strategic contracts reportedly cover substantial memory volumes through 2030, with pricing protections that improve revenue visibility and could make the company less exposed to the traditional boom-and-bust memory cycle. Micron Bets on Long-Term SCA Deals
• Positive Sentiment: Analysts remain constructive ahead of fiscal fourth-quarter results. Bullish commentary points to persistent shortages, rising HBM4 demand and potentially strong revenue and gross-margin guidance at the September 30 earnings report. Micron’s Q4 Might Change the Game
• Neutral Sentiment: Employee rewards highlight both strong profitability and rising costs. Taiwan-based direct labor employees are slated to receive fiscal 2026 rewards equivalent to 35–68 months of pay. The payouts recognize exceptional results but may increase expense pressure, while unions representing about 10,000 workers continue to threaten industrial action. Micron’s Taiwan Workers to Get Rewards Worth Up to 68 Months of Pay
• Negative Sentiment: Valuation and execution expectations are unusually high. Despite record guidance and worsening shortages, investors appear concerned that much of the AI-memory upside is already reflected in MU’s valuation. Any moderation in memory pricing or results that merely meet expectations could trigger profit-taking. Micron’s 662% Rally Created a Problem Wall Street Cannot Ignore
• Negative Sentiment: Competitive and macroeconomic risks are weighing on sentiment. Intel-backed startup Kepler Computing is targeting the memory-chip market, raising concerns about future pricing power. Separately, higher oil prices, inflation worries and interest-rate pressure have hurt high-beta technology stocks. Micron Stock Slips as Intel-Backed Start-up Takes Aim at Memory-Chip Market

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction that occurred on 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 directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the business's stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the sale, the director directly owned 17,728 shares in the company, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 177,204 shares of company stock valued at $182,156,264. Insiders own 0.24% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MU. Raymond James Financial boosted their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a research report on Thursday, June 25th. Cantor Fitzgerald reaffirmed an "overweight" rating and issued a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Micron Technology in a research note on Friday, August 7th. Wells Fargo & Company boosted their price target on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the company an "overweight" rating in a research report on Thursday, June 25th. Finally, Zacks Research downgraded shares of Micron Technology from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, Micron Technology currently has a consensus rating of "Buy" and a consensus price target of $1,295.63.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron's products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

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