Micron Technology, Inc. $MU Shares Acquired by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 2.4% during the second quarter, according to its most recent disclosure with the SEC. The fund owned 16,627 shares of the semiconductor manufacturer’s stock after acquiring an additional 383 shares during the period. Vestmark Advisory Solutions Inc.’s holdings in Micron Technology were worth $2,049,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of MU. RPS Advisory Solutions LLC acquired a new stake in Micron Technology in the 2nd quarter worth approximately $290,000. Savant Capital LLC increased its stake in Micron Technology by 10.1% during the 2nd quarter. Savant Capital LLC now owns 18,422 shares of the semiconductor manufacturer’s stock valued at $2,271,000 after purchasing an additional 1,696 shares in the last quarter. Modera Wealth Management LLC increased its stake in Micron Technology by 11.8% during the 2nd quarter. Modera Wealth Management LLC now owns 4,476 shares of the semiconductor manufacturer’s stock valued at $552,000 after purchasing an additional 472 shares in the last quarter. Twin Capital Management Inc. purchased a new position in shares of Micron Technology in the second quarter worth $277,000. Finally, Souders Financial Advisors lifted its stake in shares of Micron Technology by 27.5% during the second quarter. Souders Financial Advisors now owns 3,129 shares of the semiconductor manufacturer’s stock worth $386,000 after buying an additional 675 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Performance

Shares of MU stock opened at $237.92 on Monday. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $246.41. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26. The stock has a market cap of $267.06 billion, a PE ratio of 31.35, a price-to-earnings-growth ratio of 0.51 and a beta of 1.62. The business has a 50-day simple moving average of $181.33 and a 200-day simple moving average of $134.31.

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

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders 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 of this dividend was Friday, October 3rd. Micron Technology’s payout ratio is 6.06%.

Insider Activity

In other Micron Technology news, EVP Scott J. Deboer sold 82,000 shares of Micron Technology stock in a transaction on Monday, October 27th. The shares were sold at an average price of $222.81, for a total value of $18,270,420.00. Following the completion of the transaction, the executive vice president owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. The trade was a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction dated Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the completion of the transaction, the executive vice president owned 131,580 shares of the company’s stock, valued at approximately $21,584,383.20. This trade represents a 10.23% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 397,256 shares of company stock valued at $82,321,039. 0.30% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

MU has been the topic of several research reports. KeyCorp upped their target price on Micron Technology from $160.00 to $215.00 and gave the company an “overweight” rating in a research report on Wednesday, September 24th. Wedbush boosted their price target on Micron Technology from $200.00 to $220.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. Deutsche Bank Aktiengesellschaft increased their price objective on Micron Technology from $175.00 to $200.00 and gave the company a “buy” rating in a report on Wednesday, September 24th. Mizuho lifted their target price on Micron Technology from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Tuesday, October 28th. Finally, Piper Sandler upped their target price on Micron Technology from $165.00 to $200.00 and gave the company an “overweight” rating in a research report on Wednesday, September 24th. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of $205.64.

Micron Technology 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.