WealthBridge Capital Management LLC Makes New Investment in Micron Technology, Inc. $MU

Key Points

• WealthBridge Capital Management opened a new position in Micron Technology (NASDAQ:MU) in Q2, buying 1,707 shares valued at about $210,000.
• Strong recent results and bullish analyst sentiment: Micron beat estimates with $3.03 EPS (vs. $2.86 expected) and $11.32B revenue (up 46.1% YoY), provided Q1 FY2026 EPS guidance of 3.60–3.90, and carries an average analyst price target of $215.64 with most ratings at Buy.
• Significant insider selling: CFO Mark Murphy sold 126,000 shares (~$28.4M) and CEO Sanjay Mehrotra sold 22,500 shares (~$5.0M), with insiders disposing of 409,756 shares (~$85.3M) over the past 90 days while insiders now own just 0.30% of the stock.

WealthBridge Capital Management LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 1,707 shares of the semiconductor manufacturer's stock, valued at approximately $210,000.

A number of other institutional investors also recently modified their holdings of the business. First Command Advisory Services Inc. raised its holdings in Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer's stock valued at $27,000 after acquiring an additional 153 shares during the period. AlphaQuest LLC raised its stake in shares of Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer's stock valued at $33,000 after purchasing an additional 265 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new position in Micron Technology in the 1st quarter worth about $36,000. Hilltop National Bank purchased a new position in Micron Technology during the 2nd quarter valued at about $37,000. Finally, Saudi Central Bank bought a new stake in shares of Micron Technology during the first quarter valued at about $38,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Price Performance

MU opened at $207.37 on Friday. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. The stock has a market capitalization of $233.11 billion, a P/E ratio of 27.32, a PEG ratio of 0.51 and a beta of 1.62. The stock has a 50-day moving average price of $201.36 and a 200-day moving average price of $144.70. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $260.58.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share for the quarter, topping analysts' consensus estimates of $2.86 by $0.17. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The company had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same quarter in the previous year, the company posted $1.18 EPS. Micron Technology's quarterly revenue was up 46.1% compared to the same quarter last year. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 3rd were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. Micron Technology's dividend payout ratio (DPR) is currently 6.06%.

Insider Buying and Selling at Micron Technology

In other news, CFO Mark J. Murphy sold 126,000 shares of the business's stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the completion of the sale, the chief financial officer owned 219,693 shares of the company's stock, valued at approximately $49,499,029.83. The trade was a 36.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sanjay Mehrotra sold 22,500 shares of the firm's stock in a transaction that occurred on Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the transaction, the chief executive officer owned 446,578 shares in the company, valued at approximately $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 409,756 shares of company stock worth $85,308,033 in the last 90 days. 0.30% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

MU has been the subject of a number of analyst reports. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Micron Technology from $175.00 to $200.00 and gave the company a "buy" rating in a research report on Wednesday, September 24th. JPMorgan Chase & Co. raised their price target on shares of Micron Technology from $185.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, September 24th. Weiss Ratings upgraded shares of Micron Technology from a "hold (c+)" rating to a "buy (b-)" rating in a research report on Saturday, November 1st. Wolfe Research lifted their price objective on Micron Technology from $160.00 to $180.00 and gave the company an "outperform" rating in a research note on Wednesday, September 17th. Finally, TD Cowen upped their target price on Micron Technology from $200.00 to $275.00 and gave the stock a "buy" rating in a research note on Wednesday. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology presently has an average rating of "Buy" and a consensus price target of $215.64.

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.

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