Lido Advisors LLC lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 0.3% in the 4th quarter, Holdings Channel reports. The fund owned 215,632 shares of the semiconductor manufacturer’s stock after selling 689 shares during the period. Lido Advisors LLC’s holdings in Micron Technology were worth $61,544,000 as of its most recent filing with the SEC.
Several other institutional investors have also modified their holdings of the company. Transatlantique Private Wealth LLC bought a new position in shares of Micron Technology during the fourth quarter worth about $1,180,000. Sarver Vrooman Wealth Advisors bought a new position in shares of Micron Technology during the fourth quarter worth about $327,000. Private Wealth Asset Management LLC grew its position in shares of Micron Technology by 131.1% during the fourth quarter. Private Wealth Asset Management LLC now owns 705 shares of the semiconductor manufacturer’s stock worth $201,000 after acquiring an additional 400 shares during the last quarter. Elgethun Capital Management bought a new position in shares of Micron Technology during the fourth quarter worth about $213,000. Finally, WCG Wealth Advisors LLC grew its position in shares of Micron Technology by 85.7% during the fourth quarter. WCG Wealth Advisors LLC now owns 25,604 shares of the semiconductor manufacturer’s stock worth $7,308,000 after acquiring an additional 11,814 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.
Insider Buying and Selling at Micron Technology
In other news, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, April 1st. The shares were sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the transaction, the executive vice president owned 125,737 shares in the company, valued at approximately $43,679,776.43. This trade represents a 24.13% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. This trade represents a 10.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 146,000 shares of company stock worth $85,486,715. Company insiders own 0.24% of the company’s stock.
Micron Technology Stock Performance
Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings data on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $9.19 by $3.01. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company had revenue of $23.86 billion during the quarter, compared to analyst estimates of $19.97 billion. During the same quarter last year, the firm posted $1.56 EPS. The business’s revenue for the quarter was up 196 on a year-over-year basis. Sell-side analysts predict that Micron Technology, Inc. will post 58.62 earnings per share for the current fiscal year.
Micron Technology Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were given a dividend of $0.15 per share. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is 2.83%.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Morgan Stanley more than doubled its price target on Micron to $1,050 and kept an Overweight rating, signaling continued confidence in the company’s memory pricing power and AI demand tailwinds.
- Positive Sentiment: Other recent coverage highlighted that booming AI infrastructure spending is still favoring Micron, with analysts saying the memory-stock runup may not be over yet and that shortages could keep supporting earnings and margins. Article Title
- Positive Sentiment: Micron’s AI strategy got another boost from reports around its COMPUTEX 2026 product lineup, including HBM4 and next-gen memory/storage products aimed at AI servers and edge AI applications.
- Positive Sentiment: Several articles also noted Micron’s strong recent business momentum, including soaring revenue growth and expectations that the company will benefit from the AI server buildout into its upcoming fiscal third-quarter earnings report.
- Neutral Sentiment: At the same time, some investors are starting to focus on risk factors: Chinese memory-chip makers are increasing production, which could narrow Micron’s competitive advantage over time.
- Neutral Sentiment: A few commentary pieces warned that after Micron’s huge run and trillion-dollar valuation, the stock may be priced for perfection, leaving less room for error if earnings or guidance disappoint.
- Negative Sentiment: Micron CEO Sanjay Mehrotra sold shares in late May, which may be viewed as a mild cautionary signal, though insider sales do not necessarily reflect a change in the company’s outlook.
Analyst Ratings Changes
Several equities analysts have recently commented on the stock. Citigroup upped their price target on shares of Micron Technology from $425.00 to $840.00 and gave the stock a “buy” rating in a research report on Tuesday, May 19th. Barclays upped their price objective on shares of Micron Technology from $450.00 to $675.00 and gave the stock an “overweight” rating in a report on Thursday, March 19th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Micron Technology in a report on Tuesday, May 12th. The Goldman Sachs Group upped their price objective on shares of Micron Technology from $360.00 to $400.00 and gave the stock a “neutral” rating in a report on Thursday, March 19th. Finally, Susquehanna upped their price objective on shares of Micron Technology from $600.00 to $1,750.00 and gave the stock a “positive” rating in a report on Friday, May 29th. Five analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $641.97.
View Our Latest Stock Report on Micron Technology
Micron Technology 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.
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