Micron Technology, Inc. $MU is Linden Rose Investment LLC’s 3rd Largest Position

Linden Rose Investment LLC raised its stake in Micron Technology, Inc. (NASDAQ:MU) by 39.0% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,981 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,014 shares during the quarter. Micron Technology makes up approximately 22.4% of Linden Rose Investment LLC’s investment portfolio, making the stock its 3rd largest position. Linden Rose Investment LLC’s holdings in Micron Technology were worth $28,836,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of MU. Heritage Trust Co grew its stake in Micron Technology by 9.7% in the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after acquiring an additional 1,323 shares during the period. Castleark Management LLC acquired a new position in Micron Technology during the first quarter worth $3,709,000. Legacy Wealth Management LLC MS lifted its holdings in Micron Technology by 73.3% during the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after purchasing an additional 1,499 shares in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Micron Technology by 16.0% during the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock valued at $56,006,000 after purchasing an additional 6,702 shares in the last quarter. Finally, Financial Synergies Wealth Advisors Inc. acquired a new stake in shares of Micron Technology in the fourth quarter valued at about $1,316,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

MU opened at $932.97 on Wednesday. The firm has a market capitalization of $1.05 trillion, a PE ratio of 21.12 and a beta of 2.18. Micron Technology, Inc. has a twelve month low of $114.25 and a twelve month high of $1,255.00. The firm’s 50-day moving average price is $961.71 and its 200 day moving average price is $705.45. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter in the prior year, the company earned $1.91 EPS. Micron Technology’s revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, sell-side analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were given a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. This represents a 31.81% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 217,179 shares of company stock valued at $220,582,211. 0.24% of the stock is currently owned by company insiders.

Trending Headlines about Micron Technology

Here are the key news stories impacting Micron Technology this week:

• Positive Sentiment: Memory prices are expected to rise substantially this quarter, with some reports pointing to increases of as much as 50%. A shortage of DRAM and high-bandwidth memory (HBM), driven by AI data-center demand, supports Micron’s pricing power and margins. Why Micron Will Miss Out on a 50% Rise in Memory Prices
• Positive Sentiment: Analyst sentiment remains bullish. BMO initiated coverage with an “outperform” rating and a $1,300 target, while Mizuho retained “outperform” after reducing its target from $1,375 to $1,300. The target reductions temper enthusiasm slightly, but still imply substantial upside from the reference price. Finance giant sets aggressive Micron stock target after earnings
• Positive Sentiment: Commentary continues to support the long-term AI memory thesis. Micron’s recent quarterly results showed revenue of approximately $41.5 billion, up more than 345% year over year, while long-term supply agreements provide demand visibility amid constrained capacity. Micron Technology Stock Opinions on Q3 Earnings and AI Demand Strength
• Neutral Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship pipeline, supporting the workforce needed for its planned U.S. manufacturing expansion. The initiative is strategically positive but unlikely to materially affect near-term earnings. Micron Opens State-of-the-Art Training Center
• Negative Sentiment: Investors remain concerned that Micron’s long-term contracts could limit its ability to fully capture a potential memory-price surge. The stock has also experienced a large rally, increasing valuation and profit-taking risks. Micron’s Long-Term Contracts Cap Memory-Boom Upside
• Negative Sentiment: Competitive and sector risks remain: reports that Apple could source memory from Chinese suppliers, a potential IPO by Chinese rival YMTC and broad semiconductor weakness pressured MU recently. Micron insiders have also reported selling shares without purchases, a potential confidence signal that investors may monitor. Why Are Micron, SK Hynix and SanDisk Stocks Falling?

Analyst Ratings Changes

A number of analysts have recently commented on MU shares. Sanford C. Bernstein set a $1,300.00 target price on shares of Micron Technology in a research note on Monday, June 22nd. TD Cowen reiterated a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. Raymond James Financial boosted their price objective on Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. ThinkEquity restated a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. Finally, Zacks Research lowered Micron Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Micron Technology presently has an average rating of “Buy” and an average price target of $1,258.84.

Micron Technology Profile

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.