Smith Chas P & Associates PA Cpas Has $858,000 Stock Position in Micron Technology, Inc. $MU

Posted by Francis Steltz on Sep 16th, 2026

Smith Chas P & Associates PA Cpas lowered its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 42.4% during the second quarter, Holdings Channel reports. The fund owned 744 shares of the semiconductor manufacturer’s stock after selling 547 shares during the period. Smith Chas P & Associates PA Cpas’ holdings in Micron Technology were worth $858,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Montgomery Financial Services LLC acquired a new position in shares of Micron Technology during the second quarter worth approximately $38,000. JNBA Financial Advisors increased its holdings in shares of Micron Technology by 77.3% in the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after purchasing an additional 17 shares in the last quarter. Ramsey Quantitative Systems acquired a new stake in shares of Micron Technology in the second quarter valued at approximately $46,000. RHL Group LLC bought a new position in Micron Technology in the 2nd quarter worth approximately $47,000. Finally, Philadelphia Investment Partners LLC bought a new position in Micron Technology in the 2nd quarter worth approximately $54,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP April Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Lynn Dugle sold 1,300 shares of the business’s 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 transaction, the director owned 17,728 shares of the company’s stock, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 177,204 shares of company stock valued at $182,156,264. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

MU opened at $927.60 on Wednesday. The company has a fifty day moving average price of $928.01 and a two-hundred day moving average price of $764.35. 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, Inc. has a 52 week low of $154.65 and a 52 week high of $1,255.00. The firm has a market capitalization of $1.05 trillion, a PE ratio of 21.00, a P/E/G ratio of 0.58 and a beta of 2.22.

Micron Technology (NASDAQ:MU – Get Free Report) last issued its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Wall Street Analyst Weigh In

Several research analysts have issued reports on the company. UBS Group reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Royal Bank Of Canada boosted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. The Goldman Sachs Group boosted their target price on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, June 25th. Finally, KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $1,295.63.

Read Our Latest Stock Report on Micron Technology

Trending Headlines about Micron Technology

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

Positive Sentiment: Micron demonstrated what it describes as the world’s first 512GB DDR5 RDIMM across multiple server platforms. The module reaches speeds of up to 9,200 MT/s and uses more than 60% less operating power than four 128GB modules, strengthening Micron’s position in data-center memory and AI infrastructure. Micron ultra-dense memory module announcement
Positive Sentiment: Strong AI-related memory demand remains the core bullish argument. Analysts and industry commentary point to tight DRAM supply, high-bandwidth memory demand, planned capacity expansion and potentially extended shortages, supporting Micron’s revenue and pricing outlook. Micron AI memory cycle analysis
Positive Sentiment: Micron appointed semiconductor veteran Deirdre Hanford to lead Micron Research Labs. The facility is backed by a planned $10 billion, decade-long investment focused on memory, compute architectures, advanced packaging and manufacturing, potentially supporting longer-term technology leadership. Micron Research Labs leadership announcement
Neutral Sentiment: Commentary remains bullish, with some analysts and Jim Cramer supporting substantially higher price targets. However, these opinions are not new company guidance and depend on continued AI spending, strong memory pricing and successful execution. Jim Cramer Micron thesis
Negative Sentiment: A Taiwan union representing Micron workers is keeping strike preparations alive while demanding a permanent profit-sharing arrangement. A labor disruption at a major manufacturing hub could create production delays, higher costs or additional uncertainty during a supply-constrained period. Reuters report on Micron Taiwan labor dispute
Negative Sentiment: Recent warnings from AI leaders calling for slower development triggered a broader technology selloff and renewed questions about future hyperscaler spending. Although infrastructure demand may remain intact, any reduction in AI capital expenditures would threaten Micron’s high-growth memory outlook and elevated valuation. AI concerns affecting semiconductor stocks

About Micron Technology

(Free Report)

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.