Shaker Investments LLC OH Decreases Stock Holdings in Micron Technology, Inc. $MU

Shaker Investments LLC OH lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 11.9% during the second quarter, according to its most recent disclosure with the SEC. The institutional investor owned 14,705 shares of the semiconductor manufacturer’s stock after selling 1,987 shares during the period. Micron Technology accounts for approximately 6.1% of Shaker Investments LLC OH’s portfolio, making the stock its 2nd largest holding. Shaker Investments LLC OH’s holdings in Micron Technology were worth $16,974,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in MU. Quantum Financial Planning Services Inc. purchased a new position in Micron Technology during the second quarter worth about $491,000. Christensen King & Associates Investment Services Inc. bought a new position in Micron Technology in the 2nd quarter worth about $345,000. Antonelli Financial Advisors LLC purchased a new stake in shares of Micron Technology in the 2nd quarter valued at about $433,000. Cardinal Point Capital Management ULC raised its holdings in shares of Micron Technology by 2.3% in the 2nd quarter. Cardinal Point Capital Management ULC now owns 2,188 shares of the semiconductor manufacturer’s stock valued at $2,525,000 after acquiring an additional 49 shares in the last quarter. Finally, Goelzer Investment Management Inc. bought a new stake in shares of Micron Technology during the 2nd quarter valued at about $1,226,000. Institutional investors own 80.84% of the company’s stock.

Key Micron Technology News

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

• Positive Sentiment: New Street upgraded Micron to “Buy” from “Neutral” and set a $1,250 price target, citing the possibility that AI is making memory demand less cyclical. The firm projects a potential $2 trillion-$3 trillion valuation for Micron by the end of the decade. Micron Upgraded to Buy on the Claim Memory Stopped Being Cyclical
• Positive Sentiment: DRAM and NAND prices are tightening again, potentially increasing the earnings impact of Micron’s rapidly expanding data-center business. Analysts are continuing to raise revenue estimates and price targets as AI infrastructure spending supports demand for high-bandwidth memory and storage. Micron Stock Jumps as Memory Pricing Tightens Again
• Positive Sentiment: Micron launched a $250 million Micron Ventures Paradigm Fund to invest across the AI technology stack, including model development, computing infrastructure, enterprise applications and physical AI. The initiative could strengthen partnerships and give Micron earlier insight into future memory and storage requirements. Micron Ventures Launches $250 Million Fund
• Neutral Sentiment: Broader semiconductor strength, record U.S. equity benchmarks and easing rate-hike expectations are supporting risk appetite for memory stocks. Technical analysts also identify approximately $1,012 as an important near-term resistance level. Micron Price Forecast
• Negative Sentiment: Risks remain from rising Chinese competition and execution timing. YMTC has surpassed Micron in NAND shipments, while Micron’s new $9.3 billion fabrication plant is not expected to produce chips until 2028. Michael Burry has also increased bearish positions involving Micron, underscoring concerns about valuation, supply growth and a possible return of memory-cycle volatility.

Micron Technology Price Performance

MU opened at $971.66 on Friday. The stock has a 50-day moving average price of $965.49 and a 200-day moving average price of $677.08. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $1.10 trillion, a P/E ratio of 22.00 and a beta of 2.18.

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

Micron Technology Announces Dividend

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

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president directly owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Sanjay Mehrotra sold 37,439 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the completion of the sale, the chief executive officer owned 387,064 shares of the company’s stock, valued at approximately $371,728,524.32. The trade was a 8.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 162,179 shares of company stock valued at $167,811,861 over the last ninety days. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the company. Rosenblatt Securities boosted their price objective on Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 target price on shares of Micron Technology in a research note on Monday, June 22nd. Wells Fargo & Company lifted their target price on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Bank of America boosted their price target on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, KeyCorp reissued an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, Micron Technology has a consensus rating of “Buy” and an average price target of $1,259.97.

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.