Micron Technology, Inc. $MU Shares Purchased by TRUE Private Wealth Advisors

TRUE Private Wealth Advisors raised its position in Micron Technology, Inc. (NASDAQ:MU) by 18.7% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 20,385 shares of the semiconductor manufacturer’s stock after buying an additional 3,212 shares during the period. TRUE Private Wealth Advisors’ holdings in Micron Technology were worth $2,513,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the business. 180 Wealth Advisors LLC boosted its holdings in Micron Technology by 1.9% in the second quarter. 180 Wealth Advisors LLC now owns 5,235 shares of the semiconductor manufacturer’s stock valued at $645,000 after purchasing an additional 99 shares during the last quarter. SilverOak Wealth Management LLC raised its position in shares of Micron Technology by 3.5% in the 2nd quarter. SilverOak Wealth Management LLC now owns 2,955 shares of the semiconductor manufacturer’s stock valued at $364,000 after purchasing an additional 100 shares in the last quarter. Beta Wealth Group Inc. boosted its stake in shares of Micron Technology by 1.5% during the 2nd quarter. Beta Wealth Group Inc. now owns 6,805 shares of the semiconductor manufacturer’s stock valued at $839,000 after buying an additional 102 shares during the last quarter. HMS Capital Management LLC boosted its stake in shares of Micron Technology by 0.6% during the 2nd quarter. HMS Capital Management LLC now owns 19,271 shares of the semiconductor manufacturer’s stock valued at $2,375,000 after buying an additional 107 shares during the last quarter. Finally, D.B. Root & Company LLC grew its position in shares of Micron Technology by 3.7% during the first quarter. D.B. Root & Company LLC now owns 3,018 shares of the semiconductor manufacturer’s stock worth $262,000 after buying an additional 108 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the transaction, the executive vice president owned 154,145 shares in the company, valued at approximately $34,345,047.45. This represents a 34.72% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of the stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $220.72, for a total transaction of $4,966,200.00. Following the completion of the sale, the chief executive officer directly owned 446,578 shares in the company, valued at approximately $98,568,696.16. This trade represents a 4.80% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 409,756 shares of company stock valued at $85,308,033 in the last 90 days. Corporate insiders own 0.30% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $227.30 on Wednesday. The company has a market cap of $255.14 billion, a PE ratio of 30.02, a P/E/G ratio of 0.51 and a beta of 1.62. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $260.58. The firm has a 50-day simple moving average of $197.63 and a 200 day simple moving average of $142.38. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26.

Micron Technology (NASDAQ:MU) last issued its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.86 by $0.17. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The firm had revenue of $11.32 billion for the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter last year, the company posted $1.18 earnings per share. Micron Technology’s 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, sell-side analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MU shares. JPMorgan Chase & Co. upped their price target on shares of Micron Technology from $185.00 to $220.00 and gave the company an “overweight” rating in a report on Wednesday, September 24th. Bank of America boosted their target price on shares of Micron Technology from $140.00 to $180.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 24th. Zacks Research upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 19th. Susquehanna lifted their price target on Micron Technology from $160.00 to $200.00 and gave the stock a “positive” rating in a research note on Wednesday, September 17th. Finally, Stifel Nicolaus boosted their price objective on Micron Technology from $173.00 to $195.00 and gave the company a “buy” rating in a report on Monday, September 22nd. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Buy” and an average target price of $214.57.

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.