Tema ETFs LLC Acquires 2,070 Shares of Micron Technology, Inc. $MU

Key Points

• Tema ETFs increased its Micron stake by 10.8% in the second quarter, adding 2,070 shares for a total of 21,167 shares valued at approximately $24.4 million. Institutional investors collectively own 80.84% of Micron’s stock.
• Micron reported quarterly earnings of $25.11 per share, exceeding estimates by $3.72, while revenue rose 345.8% year over year to $41.46 billion. Analysts maintain a consensus “Buy” rating with an average price target of $1,260.31.
• Memory demand tied to AI remains the main bullish catalyst, supported by tight DRAM and HBM supply and long-term customer contracts. However, investors face risks from memory-cycle volatility, potential pricing slowdowns, competition, and substantial insider selling.

Tema ETFs LLC grew its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 10.8% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 21,167 shares of the semiconductor manufacturer's stock after acquiring an additional 2,070 shares during the period. Tema ETFs LLC's holdings in Micron Technology were worth $24,433,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of MU. Heritage Trust Co increased its holdings in Micron Technology by 9.7% during the fourth quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer's stock worth $4,289,000 after buying an additional 1,323 shares during the last quarter. Castleark Management LLC acquired a new stake in Micron Technology in the first quarter valued at $3,709,000. Legacy Wealth Management LLC MS lifted its stake in Micron Technology by 73.3% in the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer's stock valued at $4,091,000 after acquiring an additional 1,499 shares during the last quarter. Financial Synergies Wealth Advisors Inc. bought a new position in shares of Micron Technology in the 4th quarter valued at about $1,316,000. Finally, PKO BP BANKOWY Universal Pension Society JSC bought a new position in shares of Micron Technology in the 4th quarter valued at about $61,306,000. Institutional investors own 80.84% of the company's stock.

Micron Technology Stock Up 0.9%

Micron Technology stock opened at $868.52 on Wednesday. The company's 50-day moving average price is $967.63 and its two-hundred day moving average price is $667.51. 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 stock has a market cap of $980.90 billion, a P/E ratio of 19.66 and a beta of 2.18. Micron Technology, Inc. has a twelve month low of $113.46 and a twelve month high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly 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. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to analysts' expectations of $35.91 billion. During the same period last year, the firm posted $1.91 EPS. The firm's revenue for the quarter 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. As a group, analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced 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. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is currently 1.36%.

Insider Buying and Selling at Micron Technology

In related news, EVP April S. Arnzen sold 40,000 shares of the company's stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the transaction, the executive vice president directly owned 85,737 shares in the company, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sanjay Mehrotra sold 31,285 shares of the firm's stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $926.83, for a total transaction of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares in the company, valued at approximately $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 162,179 shares of company stock worth $167,811,861. Insiders own 0.24% of the company's stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Tight memory supply remains the key bullish catalyst. A Mizuho analyst sees approximately 60% upside, arguing that constrained DRAM and high-bandwidth memory supply could persist through 2027. Nvidia reportedly reducing memory specifications for some upcoming products may actually increase demand for scarce HBM capacity. Mizuho analyst sees upside for Micron
• Positive Sentiment: Long-term AI demand and customer contracts improve visibility. Analysts highlight Micron’s strategic take-or-pay agreements, which lock in customer commitments, pricing protections, and contracted revenue through 2030. The agreements could reduce the company’s exposure to traditional memory-cycle swings. Micron take-or-pay agreements
• Positive Sentiment: Bullish forecasts point to further upside. Seeking Alpha commentary says MU remains attractively valued even under conservative earnings scenarios, while other analyses cite potential gains toward prior highs. Rising demand from AI infrastructure and future humanoid robots is viewed as a multiyear growth opportunity. Micron bear case analysis
• Neutral Sentiment: Investors remain divided after the recent selloff. Some analysts view MU as inexpensive relative to the S&P 500 and Nasdaq-100, while others question whether its record growth and margins can persist. The stock’s recent decline and subsequent rebound reflect uncertainty over the durability of the AI memory boom.
• Negative Sentiment: Cycle and competition risks are limiting enthusiasm. Commentary warns that slower DRAM and NAND price growth could pressure future results. SpaceX’s proposed Terrafab facility reportedly aims to challenge the memory-chip oligopoly, while Apple’s testing of Chinese memory supplier CXMT raises longer-term competitive concerns. Citigroup also lowered its MU price target to $1,150. Apple tests Chinese memory chips
• Neutral Sentiment: The reported short-interest figures show zero shares and a zero-day days-to-cover ratio, with an invalid percentage change; therefore, they provide no reliable signal about short-selling pressure.

Analyst Ratings Changes

Several research firms have recently weighed in on MU. UBS Group restated a "buy" rating on shares of Micron Technology in a research note on Monday. Susquehanna lifted their price target on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a "positive" rating in a report on Thursday, June 25th. Erste Group Bank raised Micron Technology from a "hold" rating to a "buy" rating in a research report on Thursday, June 25th. Barclays upped their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the company an "overweight" rating in a research note on Thursday, June 25th. Finally, Morgan Stanley raised their price objective on Micron Technology from $1,050.00 to $1,200.00 and gave the company an "overweight" rating in a research report 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 given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Buy" and a consensus price target of $1,260.31.

Micron Technology Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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