Net Worth Advisory Group Sells 1,645 Shares of Micron Technology, Inc. $MU

Key Points

• Net Worth Advisory Group cut its Micron stake by 78.9% in the second quarter, selling 1,645 shares and retaining 439 shares valued at approximately $507,000.
• Despite the sale, institutional ownership remains high at 80.84%, with major investors including Norges Bank, AQR Capital Management, Arrowstreet Capital, Amundi and Vanguard increasing their positions.
• Micron continues to benefit from strong AI-related demand for high-bandwidth memory, and analysts maintain a consensus “Buy” rating; however, Chinese NAND competition, potential pricing pressure, legal disputes and memory-market cyclicality remain risks.

Net Worth Advisory Group decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 78.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 439 shares of the semiconductor manufacturer's stock after selling 1,645 shares during the quarter. Net Worth Advisory Group's holdings in Micron Technology were worth $507,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in MU. Norges Bank bought a new stake in Micron Technology during the 4th quarter worth about $6,433,456,000. AQR Capital Management LLC grew its holdings in shares of Micron Technology by 411.9% in the 3rd quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer's stock valued at $606,873,000 after acquiring an additional 2,918,535 shares in the last quarter. Arrowstreet Capital Limited Partnership increased its position in shares of Micron Technology by 1,340.6% in the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer's stock valued at $805,148,000 after acquiring an additional 2,625,169 shares during the last quarter. Amundi increased its position in shares of Micron Technology by 65.0% in the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer's stock valued at $1,424,025,000 after acquiring an additional 1,965,319 shares during the last quarter. Finally, Vanguard Group Inc. increased its position in shares of Micron Technology by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer's stock valued at $30,427,016,000 after acquiring an additional 1,954,644 shares during the last quarter. Institutional investors own 80.84% of the company's stock.

Key Micron Technology News

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

• Positive Sentiment: AI demand is the primary catalyst. Investors continue to expect robust demand for Micron’s high-bandwidth memory (HBM) products as hyperscalers expand AI infrastructure. Analysts and fund managers describe Micron as a major beneficiary of the AI buildout, with HBM capacity reportedly committed well into 2027. Micron Stock Extends Winning Streak on Strong AI Memory Demand
• Positive Sentiment: Sector-wide memory strength lifted MU. Strong results and outlooks from AI infrastructure companies CoreWeave and Super Micro Computer reinforced expectations that technology companies will keep increasing capital spending. Micron rallied alongside SanDisk, SK Hynix and other memory stocks as investors anticipated tight supply and firm pricing. Why are Micron, SK Hynix stocks rallying today after CoreWeave, Super Micro earnings?
• Positive Sentiment: Micron launched a $250 million AI investment fund. The Micron Ventures Paradigm Fund will invest across the AI technology stack, potentially expanding Micron’s relationships with emerging companies and helping the company identify future technology and customer opportunities. Micron Ventures Launches $250 Million Fund to Invest in the Next Generation of AI
• Neutral Sentiment: Macro conditions improved sentiment. A record S&P 500 close and calmer producer-price data reduced fears of additional Federal Reserve tightening, supporting high-growth technology valuations and the semiconductor group broadly. S&P 500 Notches Record-High Close as Rate-Hike Worries Ease
• Negative Sentiment: Chinese competition is a growing concern. Yangtze Memory Technologies reportedly overtook Micron in second-quarter NAND shipments, reaching roughly 14% of global shipments. While Micron remains stronger in revenue and AI-focused memory, increased NAND competition could pressure pricing and market share. Micron Stock Falls as It Faces a Fresh Chinese Memory-Chip Threat
• Negative Sentiment: Legal and cyclical risks remain. Netlist has filed additional patent-infringement proceedings against Micron, while some analysts warn that rising supply, potentially weaker average selling prices and the cyclical nature of memory markets could challenge elevated earnings expectations. Micron Technology Faces New Legal Action Over Alleged Infringement of Netlist Patents

Wall Street Analysts Forecast Growth

Several research analysts recently commented on MU shares. Weiss Ratings reissued a "buy (b)" rating on shares of Micron Technology in a research report on Friday, August 7th. Wolfe Research set a $1,500.00 price target on Micron Technology in a research report on Thursday, June 25th. Needham & Company LLC upped their price objective on 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. TD Cowen reissued a "buy" rating on shares of Micron Technology in a report on Friday, July 10th. Finally, Royal Bank Of Canada raised their target price on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an "outperform" rating in a research note 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 given a Hold rating to the company. According to data from MarketBeat.com, Micron Technology presently has a consensus rating of "Buy" and a consensus price target of $1,260.31.

Insider Transactions at Micron Technology

In other news, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Lynn A. Dugle sold 1,300 shares of the 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 transaction, the director owned 17,728 shares in the company, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 162,179 shares of company stock worth $167,811,861 over the last three months. Company insiders own 0.24% of the company's stock.

Micron Technology Stock Performance

NASDAQ MU opened at $949.83 on Friday. The firm has a 50-day moving average of $963.34 and a 200-day moving average of $675.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The stock has a market cap of $1.07 trillion, a PE ratio of 21.50 and a beta of 2.18. Micron Technology, Inc. has a 52-week low of $113.46 and a 52-week 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, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business 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 posted $1.91 EPS. Micron Technology's revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology's payout ratio is currently 1.36%.

About Micron Technology

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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