First Command Advisory Services Inc. Has $27,000 Position in Micron Technology, Inc. $MU

First Command Advisory Services Inc. boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 225.0% during the second quarter, Holdings Channel reports. The institutional investor owned 221 shares of the semiconductor manufacturer’s stock after acquiring an additional 153 shares during the quarter. First Command Advisory Services Inc.’s holdings in Micron Technology were worth $27,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently bought and sold shares of MU. Nuveen LLC acquired a new stake in Micron Technology during the first quarter worth $369,191,000. Vanguard Group Inc. boosted its stake in shares of Micron Technology by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 101,906,368 shares of the semiconductor manufacturer’s stock valued at $8,854,644,000 after purchasing an additional 2,049,163 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in shares of Micron Technology by 23.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer’s stock valued at $922,467,000 after purchasing an additional 2,038,641 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Micron Technology by 26.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer’s stock valued at $590,807,000 after purchasing an additional 1,416,174 shares in the last quarter. Finally, Keystone Investors PTE Ltd. acquired a new stake in shares of Micron Technology in the 1st quarter valued at $96,253,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the topic of several recent analyst reports. JPMorgan Chase & Co. boosted their target price on shares of Micron Technology from $185.00 to $220.00 and gave the company an “overweight” rating in a research note on Wednesday, September 24th. CLSA initiated coverage on shares of Micron Technology in a research note on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 target price on the stock. New Street Research restated a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th. Mizuho boosted their target price on shares of Micron Technology from $195.00 to $240.00 and gave the company an “outperform” rating in a research note on Friday, October 17th. Finally, Wells Fargo & Company lifted their price target on Micron Technology from $170.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. Five analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $201.89.

Insider Transactions at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 8,800 shares of the business’s stock in a transaction dated Monday, October 20th. The stock was sold at an average price of $210.02, for a total transaction of $1,848,176.00. Following the completion of the sale, the chief accounting officer directly owned 40,237 shares of the company’s stock, valued at approximately $8,450,574.74. The trade was a 17.95% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 19,761 shares of the business’s stock in a transaction dated Tuesday, October 21st. The stock was sold at an average price of $203.12, for a total value of $4,013,854.32. Following the transaction, the chief executive officer owned 469,078 shares of the company’s stock, valued at $95,279,123.36. The trade was a 4.04% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last quarter, insiders sold 144,256 shares of company stock valued at $25,564,625. 0.30% of the stock is owned by company insiders.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $220.10 on Tuesday. The stock has a market capitalization of $247.06 billion, a P/E ratio of 29.00, a P/E/G ratio of 0.50 and a beta of 1.56. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $224.98. 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 business has a 50-day moving average price of $161.36 and a two-hundred day moving average price of $123.83.

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

Micron Technology Dividend Announcement

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

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.