World Investment Advisors raised its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 38.1% in the fourth quarter, Holdings Channel reports. The fund owned 14,185 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,917 shares during the period. World Investment Advisors’ holdings in Micron Technology were worth $4,049,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in MU. High Note Wealth LLC grew its stake in Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC grew its stake in Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. grew its stake in Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 96 shares during the period. Bayban acquired a new position in Micron Technology in the fourth quarter valued at about $29,000. Finally, GHP Investment Advisors Inc. grew its stake in Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling
In related news, EVP April S. Arnzen sold 40,000 shares of the company’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the sale, the executive vice president owned 125,737 shares in the company, valued at approximately $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Sanjay Mehrotra sold 37,439 shares of the company’s stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $960.38, for a total value of $35,955,666.82. Following the sale, the chief executive officer owned 387,064 shares in the company, valued at $371,728,524.32. The trade was a 8.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 146,000 shares of company stock worth $85,486,715. Insiders own 0.24% of the company’s stock.
Wall Street Analyst Weigh In
Read Our Latest Stock Report on MU
Micron Technology Stock Performance
Shares of Micron Technology stock opened at $891.88 on Thursday. The firm has a market cap of $1.01 trillion, a price-to-earnings ratio of 42.11 and a beta of 2.16. The stock’s 50-day moving average is $652.14 and its 200-day moving average is $454.31. Micron Technology, Inc. has a one year low of $103.38 and a one year high of $1,089.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.
Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating analysts’ consensus estimates of $9.19 by $3.01. The company had revenue of $23.86 billion for the quarter, compared to analyst estimates of $19.97 billion. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The company’s quarterly revenue was up 196 compared to the same quarter last year. During the same period in the previous year, the company posted $1.56 earnings per share. Equities analysts predict that Micron Technology, Inc. will post 59.12 earnings per share for the current fiscal year.
Micron Technology Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. Micron Technology’s dividend payout ratio is presently 2.83%.
Trending Headlines about Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Erste Group Bank raised its FY2026 and FY2027 EPS estimates for Micron, reinforcing the view that earnings power remains strong even after the recent rally.
- Positive Sentiment: Several recent articles and analyst notes highlight Micron as a top AI infrastructure and growth stock, supported by strong demand for HBM, DRAM, and NAND, plus upbeat long-term margin expectations.
- Positive Sentiment: Micron’s selection of Bechtel for its New York semiconductor project underscores progress on its U.S. manufacturing expansion, which could improve long-term supply capacity and strategic positioning. Micron Selects Bechtel as Construction Partner for Historic New York Semiconductor Project
- Neutral Sentiment: Micron appointed AI/cloud veteran Dr. Alexis Black Björlin to its board, a governance move that supports the company’s technology focus but is not an immediate financial catalyst. Micron Appoints Alexis Black Björlin to Board of Directors
- Neutral Sentiment: Recent commentary says the stock’s sharp run-up has left it vulnerable to volatility and short-term profit-taking ahead of Micron’s June 24 earnings report.
- Negative Sentiment: Multiple stories note that memory and AI chip stocks have pulled back on risk-off sentiment, geopolitical concerns, and broader semiconductor weakness, which has pressured MU despite its strong fundamentals.
Micron Technology Company 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.
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