592 Shares in Micron Technology, Inc. $MU Purchased by LifeSteps Financial Inc.

LifeSteps Financial Inc. purchased a new position in Micron Technology, Inc. (NASDAQ:MU) during the 2nd quarter, HoldingsChannel reports. The firm purchased 592 shares of the semiconductor manufacturer’s stock, valued at approximately $683,000.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Norges Bank acquired a new position in shares of Micron Technology in the 4th quarter worth approximately $6,433,456,000. AQR Capital Management LLC lifted its stake in Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after purchasing an additional 2,918,535 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its stake in Micron Technology by 1,340.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock valued at $805,148,000 after purchasing an additional 2,625,169 shares during the last quarter. Amundi boosted its holdings in Micron Technology by 65.0% during the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock worth $1,424,025,000 after buying an additional 1,965,319 shares in the last quarter. Finally, Vanguard Group Inc. boosted its holdings in Micron Technology by 1.9% during the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after buying an additional 1,954,644 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have issued reports on MU. Citigroup dropped their price target on Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Wolfe Research set a $1,500.00 price objective on Micron Technology in a research note on Thursday, June 25th. Cantor Fitzgerald restated an “overweight” rating and issued a $1,500.00 target price on shares of Micron Technology in a report on Thursday, June 25th. Stifel Nicolaus boosted their target price on Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 18th. Finally, Rosenblatt Securities upped their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Three 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 company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $1,259.97.

Micron Technology Trading Down 0.4%

NASDAQ MU opened at $937.10 on Thursday. Micron Technology, Inc. has a twelve month low of $113.46 and a twelve month high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The stock has a market cap of $1.06 trillion, a price-to-earnings ratio of 21.22 and a beta of 2.18. The firm’s 50 day moving average price is $967.75 and its two-hundred day moving average price is $690.43.

Micron Technology (NASDAQ:MU) last announced its earnings results 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. The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company’s revenue was up 345.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend

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

Micron Technology News Roundup

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

• Positive Sentiment: Micron is benefiting from accelerating artificial-intelligence demand for high-bandwidth memory (HBM), server DRAM and data-center storage. The expansion of agentic AI workloads could broaden the company’s memory opportunity and support long-term growth. Will Agentic AI Adoption Expand Micron’s Memory Growth Opportunity?
• Positive Sentiment: Micron continues to gain NAND market share, while its SSD business surpassed $5 billion in quarterly revenue and NAND revenue reportedly grew sharply year over year. Long-term customer agreements also provide visibility into demand through 2028. Micron Stock Is Under Pressure but the Market Is Missing the Good News
• Positive Sentiment: SK Hynix’s authorization of an approximately $28.6 billion share-repurchase and cancellation program is lifting sentiment across the memory sector. The move signals management confidence in AI-memory demand and helped Micron rebound earlier in the session. SK Hynix Rises on Buyback as Memory Names Rebound
• Positive Sentiment: Analysts remain constructive: Bank of America reiterated a Buy rating and a $1,550 price target, while other commentary highlights Micron’s comparatively low forward valuation despite its AI-driven earnings growth. Analyst Issues New Micron Stock Price Target
• Neutral Sentiment: Micron’s latest reported quarter substantially exceeded expectations, with revenue of $41.46 billion versus a $35.91 billion consensus estimate and EPS of $25.11 versus $21.39 expected. However, investors are now focusing more on the durability of these unusually strong results than on the earnings beat itself.
• Negative Sentiment: Rising Treasury yields and concerns about higher financing costs for AI infrastructure are pressuring high-growth semiconductor stocks. The weakness has spread across global memory names and reflects profit-taking after Micron’s substantial year-to-date rally. AI Chip Stocks Pull Back as Yields Rise
• Negative Sentiment: Some investors question whether HBM pricing and demand can remain elevated as memory remains a cyclical industry. Concerns about aggressive semiconductor capacity expansion, concentrated hyperscaler spending and Micron trading well above estimated intrinsic value are adding valuation risk. Micron Trades Above GF Value as Semiconductor Selloff Deepens

Insiders Place Their Bets

In related news, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction dated 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 of the company’s stock, valued at approximately $92,933,763.78. This represents a 31.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 162,179 shares of company stock valued at $167,811,861 in the last 90 days. Insiders own 0.24% of the company’s stock.

About Micron Technology

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.