Wealth Architects LLC Sells 125 Shares of Micron Technology, Inc. $MU

Wealth Architects LLC lessened its stake in Micron Technology, Inc. (NASDAQ:MU) by 5.1% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 2,314 shares of the semiconductor manufacturer’s stock after selling 125 shares during the period. Wealth Architects LLC’s holdings in Micron Technology were worth $285,000 at the end of the most recent quarter.

A number of other hedge funds have also added to or reduced their stakes in the stock. Mission Wealth Management LP increased its position in Micron Technology by 195.2% during the first quarter. Mission Wealth Management LP now owns 15,650 shares of the semiconductor manufacturer’s stock valued at $1,360,000 after acquiring an additional 10,348 shares during the last quarter. Stock Yards Bank & Trust Co. bought a new stake in shares of Micron Technology during the 1st quarter valued at about $228,000. Clarius Group LLC increased its position in shares of Micron Technology by 57.9% during the 1st quarter. Clarius Group LLC now owns 14,238 shares of the semiconductor manufacturer’s stock valued at $1,237,000 after purchasing an additional 5,220 shares during the last quarter. Kera Capital Partners Inc. purchased a new stake in shares of Micron Technology during the 2nd quarter valued at about $211,000. Finally, Tcfg Wealth Management LLC purchased a new position in shares of Micron Technology in the second quarter worth approximately $208,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Micron Technology

In other news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total value of $2,460,600.00. Following the sale, the executive vice president directly owned 131,580 shares of the company’s stock, valued at approximately $21,584,383.20. The trade was a 10.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Richard M. Beyer sold 5,552 shares of the stock in a transaction that occurred on Thursday, September 25th. The shares were sold at an average price of $155.68, for a total value of $864,335.36. Following the transaction, the director directly owned 96,031 shares of the company’s stock, valued at approximately $14,950,106.08. The trade was a 5.47% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 146,956 shares of company stock worth $22,841,025. 0.30% of the stock is currently owned by company insiders.

Micron Technology Trading Down 5.6%

MU stock opened at $181.60 on Monday. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.52 and a quick ratio of 1.79. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $201.00. The business has a 50 day simple moving average of $142.80 and a two-hundred day simple moving average of $114.16. The company has a market capitalization of $203.84 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 0.40 and a beta of 1.56.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.86. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The firm had revenue of $11.32 billion for the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter last year, the business posted $1.18 earnings per share. The company’s revenue for the quarter 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. Research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, October 3rd. Micron Technology’s dividend payout ratio is 6.06%.

Wall Street Analyst Weigh In

A number of brokerages have commented on MU. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Micron Technology in a report on Saturday, September 27th. The Goldman Sachs Group boosted their price objective on shares of Micron Technology from $145.00 to $180.00 and gave the company a “neutral” rating in a research report on Thursday. Summit Insights raised Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 19th. Finally, Needham & Company LLC upped their price target on Micron Technology from $150.00 to $200.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $191.78.

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.