Total Clarity Wealth Management Inc. acquired a new position in Micron Technology, Inc. (NASDAQ:MU – Free Report) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 674 shares of the semiconductor manufacturer’s stock, valued at approximately $228,000.
Several other institutional investors and hedge funds also recently bought and sold shares of MU. Heritage Trust Co lifted its holdings in 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 in the last quarter. Westpac Banking Corp boosted its stake in Micron Technology by 251.0% in the 3rd quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after purchasing an additional 16,509 shares during the period. Wellington Management Group LLP grew its holdings in Micron Technology by 19.9% during the 3rd quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after buying an additional 1,188,296 shares in the last quarter. Fulton Bank N.A. grew its holdings in Micron Technology by 79.1% during the 4th quarter. Fulton Bank N.A. now owns 16,183 shares of the semiconductor manufacturer’s stock valued at $4,619,000 after buying an additional 7,147 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. bought a new stake in shares of Micron Technology during the fourth quarter valued at about $1,316,000. 80.84% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on MU shares. Wolfe Research increased their price target on shares of Micron Technology from $550.00 to $1,250.00 and gave the stock an “outperform” rating in a report on Thursday, June 11th. The Goldman Sachs Group set a $1,100.00 price objective on shares of Micron Technology in a research note on Thursday. Summit Insights lowered shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Susquehanna reissued a “positive” rating and issued a $2,000.00 price target on shares of Micron Technology in a report on Thursday. Finally, Erste Group Bank downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, April 2nd. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued 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 $1,084.80.
Micron Technology Stock Down 1.3%
Shares of NASDAQ MU opened at $1,037.93 on Thursday. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,213.56. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 49.01 and a beta of 2.16. The business has a 50-day moving average of $788.74 and a 200-day moving average of $513.50.
Micron Technology (NASDAQ:MU – Get Free Report) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $20.98 by $4.13. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The business had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same period last year, the firm posted $1.91 earnings per share. Micron Technology’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Sell-side analysts expect that Micron Technology, Inc. will post 60.34 earnings per share for the current fiscal year.
Micron Technology Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th will be given a dividend of $0.15 per share. The ex-dividend date is Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 2.83%.
Insider Activity at Micron Technology
In other news, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction on Friday, April 10th. The shares were sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was 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 of the company’s stock, valued at $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 146,000 shares of company stock worth $85,486,715. Corporate insiders own 0.24% of the company’s stock.
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Micron reported fiscal Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, both far above Wall Street estimates, showing that AI-related memory demand is still accelerating. Article Title
- Positive Sentiment: The company issued stronger-than-expected Q4 guidance, with revenue and EPS forecasts well above consensus, signaling that the growth trajectory may continue into the next quarter. Article Title
- Positive Sentiment: Several reports highlighted Micron’s record margins and “blowout” results, with bullish commentary saying the AI trade is still alive and that pricing power is improving as memory shortages persist. Article Title
- Positive Sentiment: Analysts responded with higher price targets and upgrades, reinforcing confidence that Micron’s AI-driven earnings power may justify a richer valuation. Article Title
- Neutral Sentiment: The stock had been volatile ahead of earnings because of a broader tech sell-off and concerns that AI spending was getting overheated, so expectations were very high going into the report. Article Title
- Neutral Sentiment: Micron’s elevated capital spending plans and some analyst warnings suggest investors may still watch closely for signs that the memory boom cools or margins normalize later on. Article Title
About Micron Technology
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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