Nwam LLC Has $5.57 Million Stock Holdings in Micron Technology, Inc. $MU

Key Points

• Nwam LLC cut its Micron Technology stake by 58.4% in the second quarter, selling 6,766 shares and retaining 4,825 shares valued at approximately $5.57 million.
• Micron is benefiting from strong AI-related demand and constrained DRAM/HBM supply, supporting elevated pricing, margins and bullish analyst expectations. The company’s latest results significantly exceeded forecasts, with revenue up 345.8% year over year.
• Risks remain elevated after a sharp stock rally, including potential profit-taking, margin normalization, weaker memory prices and rising Chinese competition. Micron’s September 30 earnings report is viewed as a key near-term test.

Nwam LLC reduced its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 58.4% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 4,825 shares of the semiconductor manufacturer's stock after selling 6,766 shares during the quarter. Nwam LLC's holdings in Micron Technology were worth $5,569,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. High Note Wealth LLC lifted its stake in shares of Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer's stock valued at $25,000 after buying an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Micron Technology during the first quarter valued at about $27,000. Bayban purchased a new position in Micron Technology during the fourth quarter worth about $29,000. WealthCollab LLC grew its position in Micron Technology by 4,500.0% in the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 270 shares in the last quarter. Finally, Financial Life Planners purchased a new stake in Micron Technology in the 1st quarter valued at about $36,000. Institutional investors and hedge funds own 80.84% of the company's stock.

More Micron Technology News

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

• Positive Sentiment: AI-driven supply shortage supports pricing: Data-center customers are reportedly receiving only a portion of the DRAM they need, while Micron expects supply conditions to be even tighter in 2027 than in 2026. High-bandwidth memory (HBM) also consumes substantially more wafer capacity, limiting conventional DRAM supply and potentially extending elevated prices. Micron: 3 Simple Reasons Why I'm Still Bullish
• Positive Sentiment: Analysts turned more constructive: Goldman Sachs indicated that the worst of the memory-chip downturn may be over, helping lift Micron and sector peers. Other coverage points to a possible further rally as AI infrastructure demand diverts capacity toward HBM and away from traditional memory products. Memory Stocks Rally as Goldman Says the Worst May Be Over
• Positive Sentiment: Exceptional profitability remains a catalyst: Scarce AI memory is sustaining unusually high pricing and margins. Investors expect Micron’s upcoming results to demonstrate that its recent earnings surge and margin expansion are durable, potentially providing another boost to the broader memory sector. Micron Gains 2.4% as Memory's 86% Margin Era Refuses to Break
• Neutral Sentiment: Earnings are the key near-term test: Micron’s September 30 report is widely viewed as one of the year’s most important catalysts for AI-memory stocks. The company must confirm that demand, pricing and margins can support elevated expectations after a very strong year-to-date rally. Micron's Sept. 30 Earnings Could Be the Most Important Catalyst
• Negative Sentiment: Risks remain high: Micron’s sharp appreciation leaves the stock vulnerable to profit-taking if earnings disappoint or memory prices weaken. Longer-term competition from China, possible normalization of extraordinary margins and portfolio moves by investors reducing Micron exposure also temper the bullish outlook. Micron and Sandisk Face a New China Threat

Micron Technology Price Performance

NASDAQ MU opened at $1,027.77 on Thursday. The company has a market cap of $1.16 trillion, a PE ratio of 23.27, a price-to-earnings-growth ratio of 0.63 and a beta of 2.22. Micron Technology, Inc. has a 52 week low of $138.34 and a 52 week high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The firm's 50-day simple moving average is $929.41 and its two-hundred day simple moving average is $749.50.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company's revenue was up 345.8% on a year-over-year basis. During the same quarter last year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend

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

Insider Activity

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the firm's stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares of the company's stock, valued at approximately $34,958,000. This represents a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 177,204 shares of company stock valued at $182,156,264. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have commented on MU shares. KeyCorp reissued an "overweight" rating on shares of Micron Technology in a research report on Monday, July 20th. Bank of America lifted their price target on Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Wells Fargo & Company upped their price objective on Micron Technology from $1,220.00 to $1,525.00 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Mizuho decreased their target price on Micron Technology from $1,375.00 to $1,300.00 and set an "outperform" rating for the company in a research report on Tuesday, August 25th. Finally, Barclays lifted their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an "overweight" rating in a research note on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and an average target price 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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