Micron Technology, Inc. $MU Shares Sold by Hodges Capital Management Inc.

Hodges Capital Management Inc. decreased its position in Micron Technology, Inc. (NASDAQ:MU) by 17.8% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 110,197 shares of the semiconductor manufacturer’s stock after selling 23,802 shares during the quarter. Micron Technology comprises approximately 1.3% of Hodges Capital Management Inc.’s holdings, making the stock its 19th largest position. Hodges Capital Management Inc.’s holdings in Micron Technology were worth $13,582,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. First Command Advisory Services Inc. raised its position in Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares in the last quarter. AlphaQuest LLC grew its stake in shares of Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the last quarter. AllSquare Wealth Management LLC raised its holdings in shares of Micron Technology by 100.0% in the 1st quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Micron Technology in the 1st quarter worth approximately $36,000. Finally, Hilltop National Bank acquired a new stake in Micron Technology during the second quarter valued at approximately $37,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

Shares of MU stock opened at $237.92 on Monday. The company has a market capitalization of $267.06 billion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 0.51 and a beta of 1.62. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $246.41. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. The stock’s fifty day simple moving average is $181.33 and its 200-day simple moving average is $134.31.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 EPS for the quarter, hitting analysts’ consensus estimates of $2.86. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The firm had revenue of $11.32 billion during the quarter, compared to analyst estimates of $11.05 billion. During the same period last year, the company posted $1.18 EPS. The business’s quarterly revenue 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. On average, sell-side analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 21st. Investors of record on Friday, October 3rd were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date was Friday, October 3rd. Micron Technology’s dividend payout ratio (DPR) is currently 6.06%.

Insider Activity at Micron Technology

In other Micron Technology news, CFO Mark J. Murphy sold 126,000 shares of Micron Technology stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total transaction of $28,389,060.00. Following the completion of the sale, the chief financial officer owned 219,693 shares of the company’s stock, valued at $49,499,029.83. This trade represents a 36.45% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Sanjay Mehrotra sold 22,500 shares of the business’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the transaction, the chief executive officer owned 446,578 shares in the company, valued at approximately $98,568,696.16. This represents a 4.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 397,256 shares of company stock valued at $82,321,039. Company insiders own 0.30% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on MU. CLSA started coverage on shares of Micron Technology in a research report on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 price target on the stock. Bank of America increased their price objective on Micron Technology from $140.00 to $180.00 and gave the company a “neutral” rating in a research report on Wednesday, September 24th. TD Cowen lifted their target price on Micron Technology from $150.00 to $180.00 and gave the stock a “buy” rating in a report on Friday, September 19th. New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Finally, Wedbush upped their target price on Micron Technology from $200.00 to $220.00 and gave the company an “outperform” rating in a report on Wednesday, September 24th. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have assigned a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Buy” and a consensus target price of $205.64.

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.