Fiduciary Planning LLC Purchases New Shares in Micron Technology, Inc. $MU

Fiduciary Planning LLC acquired a new stake in Micron Technology, Inc. (NASDAQ:MU) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 1,967 shares of the semiconductor manufacturer’s stock, valued at approximately $242,000.

A number of other hedge funds and other institutional investors also recently modified their holdings of MU. AllSquare Wealth Management LLC grew its stake in shares of Micron Technology by 100.0% in the first quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock valued at $35,000 after acquiring an additional 200 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in Micron Technology in the 1st quarter valued at about $36,000. Hilltop National Bank acquired a new position in shares of Micron Technology during the 2nd quarter worth approximately $37,000. Saudi Central Bank bought a new position in shares of Micron Technology during the first quarter worth approximately $38,000. Finally, Pinnacle Bancorp Inc. increased its holdings in shares of Micron Technology by 91.0% during the first quarter. Pinnacle Bancorp Inc. now owns 512 shares of the semiconductor manufacturer’s stock worth $44,000 after purchasing an additional 244 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In related news, CEO Sanjay Mehrotra sold 21,563 shares of the firm’s stock in a transaction on Tuesday, October 7th. The stock was sold at an average price of $188.47, for a total transaction of $4,063,978.61. Following the completion of the transaction, the chief executive officer directly owned 272,648 shares of the company’s stock, valued at $51,385,968.56. This trade represents a 7.33% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, 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 transaction, the executive vice president directly owned 131,580 shares in the company, valued at $21,584,383.20. The trade was a 10.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 146,956 shares of company stock worth $22,841,025 in the last three months. 0.30% of the stock is currently owned by company insiders.

Micron Technology Price Performance

Micron Technology stock opened at $202.38 on Monday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $206.34. The stock has a market capitalization of $227.17 billion, a P/E ratio of 26.66, a price-to-earnings-growth ratio of 0.45 and a beta of 1.56. The stock has a fifty day moving average of $151.20 and a 200-day moving average of $118.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share (EPS) for the quarter, meeting the consensus estimate of $2.86. The company had revenue of $11.32 billion for the quarter, compared to analyst estimates of $11.05 billion. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The firm’s revenue was up 46.1% on a year-over-year basis. During the same period in the previous year, the firm posted $1.18 EPS. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. On average, sell-side analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.115 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio (DPR) is presently 6.06%.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MU shares. Stifel Nicolaus boosted their price target on Micron Technology from $173.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, September 22nd. Piper Sandler lifted their price objective on Micron Technology from $165.00 to $200.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. CLSA started coverage on Micron Technology in a research report on Wednesday, August 27th. They set an “outperform” rating and a $155.00 target price for the company. Itau BBA Securities started coverage on Micron Technology in a report on Tuesday, October 7th. They set an “outperform” rating and a $249.00 target price on the stock. Finally, Erste Group Bank assumed coverage on Micron Technology in a research report on Thursday, August 14th. They issued a “buy” rating on the stock. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $198.32.

Micron Technology Company 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.