SYM FINANCIAL Corp Raises Position in Micron Technology, Inc. $MU

SYM FINANCIAL Corp boosted its holdings in Micron Technology, Inc. (NASDAQ:MUFree Report) by 58.5% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 3,502 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,293 shares during the period. SYM FINANCIAL Corp’s holdings in Micron Technology were worth $586,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of MU. Brighton Jones LLC boosted its holdings in Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after acquiring an additional 976 shares during the period. Sivia Capital Partners LLC lifted its position in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares during the last quarter. Janney Montgomery Scott LLC boosted its stake in shares of Micron Technology by 10.6% during the second quarter. Janney Montgomery Scott LLC now owns 262,753 shares of the semiconductor manufacturer’s stock valued at $32,384,000 after purchasing an additional 25,102 shares during the period. Trilogy Capital Inc. purchased a new stake in shares of Micron Technology during the second quarter valued at approximately $220,000. Finally, B.O.S.S. Retirement Advisors LLC bought a new position in shares of Micron Technology in the second quarter worth approximately $238,000. 80.84% of the stock is owned by institutional investors.

Insider Transactions at Micron Technology

In related news, CAO Scott R. Allen sold 2,000 shares of the stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total value of $675,000.00. Following the completion of the transaction, the chief accounting officer directly owned 38,237 shares in the company, valued at $12,904,987.50. This trade represents a 4.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Teyin M. Liu purchased 7,820 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the transaction, the director owned 25,910 shares in the company, valued at $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders bought 23,200 shares of company stock worth $7,821,723 and sold 61,123 shares worth $19,547,151. 0.24% of the stock is owned by corporate insiders.

Micron Technology Stock Performance

Shares of MU opened at $435.79 on Friday. The company has a 50-day simple moving average of $297.17 and a two-hundred day simple moving average of $209.04. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. The firm has a market capitalization of $490.49 billion, a PE ratio of 41.42 and a beta of 1.50. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $444.71.

Micron Technology (NASDAQ:MUGet Free Report) last released its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The company had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s payout ratio is 4.37%.

Analysts Set New Price Targets

MU has been the subject of a number of recent analyst reports. Hsbc Global Res upgraded shares of Micron Technology to a “strong-buy” rating in a report on Friday, January 23rd. Raymond James Financial upped their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. New Street Research reiterated a “neutral” rating on shares of Micron Technology in a report on Tuesday, October 14th. Stifel Nicolaus boosted their price target on Micron Technology from $300.00 to $360.00 and gave the company a “buy” rating in a report on Tuesday, January 20th. Finally, HSBC upped their price target on Micron Technology from $350.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, January 23rd. Five analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $349.76.

Read Our Latest Report on Micron Technology

Key Headlines Impacting Micron Technology

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Micron Technology Profile

(Free Report)

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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Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

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