688 Shares in Micron Technology, Inc. $MU Bought by Nolet Wealth Management LLC

Posted by George Bondi on Aug 12th, 2026

Nolet Wealth Management LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm acquired 688 shares of the semiconductor manufacturer’s stock, valued at approximately $794,000.

A number of other hedge funds have also recently bought and sold shares of MU. Heritage Trust Co increased its stake in shares of Micron Technology by 9.7% during the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock worth $4,289,000 after purchasing an additional 1,323 shares during the last quarter. Castleark Management LLC purchased a new position in Micron Technology in the first quarter valued at approximately $3,709,000. Legacy Wealth Management LLC MS grew its holdings in Micron Technology by 73.3% during 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 purchasing an additional 1,499 shares during the period. Financial Synergies Wealth Advisors Inc. bought a new position in Micron Technology during the fourth quarter valued at $1,316,000. Finally, PKO BP BANKOWY Universal Pension Society JSC purchased a new stake in Micron Technology in the fourth quarter worth $61,306,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, the director owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was 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 owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 162,179 shares of company stock worth $167,811,861. Company insiders own 0.24% of the company’s stock.

Micron Technology Stock Up 0.9%

Shares of NASDAQ MU opened at $868.52 on Wednesday. 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 company 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 52 week low of $113.46 and a 52 week high of $1,255.00. The business has a 50-day simple moving average of $967.63 and a two-hundred day simple moving average of $667.51.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the prior year, the firm posted $1.91 earnings per share. The company’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Analysts Set New Price Targets

A number of research analysts have recently commented on MU shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Micron Technology in a research report on Friday. Melius Research initiated coverage on Micron Technology in a report on Monday, April 27th. They issued a “buy” rating and a $700.00 price objective for the company. ThinkEquity restated a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Sanford C. Bernstein set a $1,300.00 price objective on shares of Micron Technology in a report on Monday, June 22nd. Finally, Wolfe Research set a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $1,260.31.

Get Our Latest Analysis on Micron Technology

Key Headlines 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.

Micron Technology Company Profile

(Free Report)

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.