WorthPointe LLC Sells 1,115 Shares of Micron Technology, Inc. $MU

Key Points

• WorthPointe LLC cut its Micron stake by 64.1% in the second quarter, selling 1,115 shares and retaining 624 shares valued at approximately $720,000. Institutional investors collectively own 80.84% of Micron.
• Micron reported quarterly EPS of $25.11, beating estimates by $3.72, while revenue surged 345.8% year over year to $41.46 billion. Analysts maintain a consensus “Buy” rating with an average price target of $1,295.63.
• Company insiders sold more than 177,000 shares worth approximately $182.2 million over the past 90 days, while Micron’s stock faces valuation and cyclical risks despite strong AI-driven demand and improving memory-market prospects.

WorthPointe LLC decreased its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 64.1% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 624 shares of the semiconductor manufacturer's stock after selling 1,115 shares during the quarter. WorthPointe LLC's holdings in Micron Technology were worth $720,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also added to or reduced their stakes in the stock. Brighton Jones LLC raised its holdings in Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after purchasing an additional 976 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer's stock valued at $435,000 after purchasing an additional 628 shares in the last quarter. United Bank purchased a new position in shares of Micron Technology during the second quarter valued at about $236,000. Schnieders Capital Management LLC. increased its position in shares of Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer's stock valued at $2,093,000 after buying an additional 6,867 shares during the period. Finally, Sei Investments Co. increased its position in shares of Micron Technology by 5.6% during the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer's stock valued at $49,987,000 after buying an additional 21,619 shares during the period. Institutional investors own 80.84% of the company's stock.

Micron Technology Price Performance

Shares of MU opened at $977.41 on Friday. Micron Technology, Inc. has a fifty-two week low of $147.61 and a fifty-two week high of $1,255.00. The firm's 50-day simple moving average is $929.44 and its two-hundred day simple moving average is $753.37. The stock has a market cap of $1.10 trillion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 0.65 and a beta of 2.22. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. During the same period last year, the business earned $1.91 earnings per share. The business's revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Analyst Ratings Changes

Several brokerages have commented on MU. UBS Group restated a "buy" rating on shares of Micron Technology in a report on Monday, August 10th. Wolfe Research set a $1,500.00 target price on Micron Technology in a report on Thursday, June 25th. Bank of America increased their target price on Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. Raymond James Financial raised their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a research note on Thursday, June 25th. Finally, Stifel Nicolaus lifted their price target on Micron Technology from $550.00 to $1,500.00 and gave the company a "buy" rating in a research report on Thursday, June 18th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Buy" and an average price target of $1,295.63.

Insider Buying and Selling at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of the firm's stock in a transaction on Tuesday, August 18th. The stock was 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 $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated 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 transaction, the director directly owned 17,728 shares of the company's stock, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 177,204 shares of company stock valued at $182,156,264 in the last ninety days. Corporate insiders own 0.24% of the company's stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron has reportedly signed multiyear strategic customer agreements covering approximately $22 billion in memory supply through 2030, including guaranteed floor prices. The contracts could improve revenue visibility and reduce the impact of the traditional memory-chip cycle. Micron: The Show Goes On
• Positive Sentiment: AI data-center demand continues to strain DRAM and high-bandwidth memory supplies. Micron is reportedly only 1.6 percentage points behind the No. 2 DRAM supplier after narrowing a 6.4-point gap in one quarter, suggesting potential market-share gains. Micron Is 1.6 Points From Taking the No. 2 Spot in DRAM
• Positive Sentiment: Recent results were exceptionally strong: quarterly revenue rose 345.8% year over year to $41.46 billion, while earnings exceeded analyst estimates. Analysts remain focused on whether elevated memory pricing and AI demand can support another leg higher. Micron's Earnings Could Be a Catalyst for AI
• Neutral Sentiment: Investors are looking ahead to Micron’s September 30 earnings report for evidence that margins, memory prices and demand remain durable after the stock’s major AI-driven rally. A bullish outlook points to multiyear supply shortages, while historical memory cycles remain a concern. Micron's Boom-and-Bust Risk
• Negative Sentiment: Thursday’s decline reflected a wider memory-stock selloff as rising oil prices increased inflation and interest-rate concerns, pressuring high-beta technology shares. Why Memory Stocks Are Falling
• Negative Sentiment: Valuation concerns have intensified after MU’s 662% one-year rally. Critics argue much of the AI upside is already reflected in the stock, while dependence on a major customer and the possibility of renewed memory oversupply create downside risk. Micron's Rally Created a Problem Wall Street Cannot Ignore
• Negative Sentiment: Intel-backed startup Kepler Computing is targeting the memory-chip market, raising longer-term competitive concerns. Investors are also questioning whether China’s AI-chip development could eventually weaken Micron’s pricing power. Intel-Backed Startup Takes Aim at Memory

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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