SMART Wealth LLC Decreases Stock Holdings in Micron Technology, Inc. $MU

SMART Wealth LLC decreased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 41.5% during the first quarter, Holdings Channel reports. The firm owned 6,669 shares of the semiconductor manufacturer’s stock after selling 4,740 shares during the quarter. SMART Wealth LLC’s holdings in Micron Technology were worth $2,253,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Brighton Jones LLC increased its position in Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after acquiring an additional 976 shares during the last quarter. Sivia Capital Partners LLC lifted its holdings in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after acquiring an additional 628 shares during the period. United Bank purchased a new position in Micron Technology in the second quarter worth about $236,000. Schnieders Capital Management LLC. boosted its position in Micron Technology by 67.9% in the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares during the last quarter. Finally, Sei Investments Co. boosted its position in Micron Technology by 5.6% in the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after purchasing an additional 21,619 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 0.8%

Micron Technology stock opened at $1,154.29 on Wednesday. Micron Technology, Inc. has a 12-month low of $103.38 and a 12-month high of $1,255.00. The firm has a market capitalization of $1.30 trillion, a price-to-earnings ratio of 26.13 and a beta of 2.16. The firm has a 50 day moving average of $844.97 and a 200 day moving average of $539.17. 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 issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating the consensus estimate of $21.39 by $3.72. The business 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 for the quarter was up 345.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 71.74 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Insider Activity at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction on Friday, May 1st. The stock was sold at an average price of $536.26, for a total value of $21,450,400.00. Following the completion of the sale, the chief executive officer owned 424,503 shares in the company, valued at approximately $227,643,978.78. This represents a 8.61% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares in the company, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 146,000 shares of company stock worth $117,926,445. 0.24% of the stock is owned by corporate insiders.

Micron Technology News Roundup

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

• Positive Sentiment: Analysts and writers say Micron’s strategic customer agreements, long-term supply deals, and AI-related memory demand are reducing cyclicality and supporting higher earnings visibility. Micron: This Cycle Is Different
• Positive Sentiment: Recent coverage highlighted Micron’s record quarter, with revenue and EPS far above expectations and guidance that points to continued strength in DRAM and NAND pricing. What’s Next for Micron Stock After Best Ever Quarter
• Positive Sentiment: Wall Street sentiment remains upbeat, with multiple bullish notes and higher price targets as analysts see continued upside from AI capex and tighter memory supply. Surging Earnings Estimates Signal Upside for Micron (MU) Stock
• Neutral Sentiment: Micron announced a $250 million investment in “Trump Accounts” for children and families, which is mainly a corporate philanthropy and workforce-development story rather than a direct operating catalyst. Micron Announces $250 Million Investment in Trump Accounts Reaching 1 Million Children, Families and the Future Workforce
• Negative Sentiment: A class-action lawsuit alleging DRAM price-fixing among Micron, Samsung, and SK Hynix is creating headline risk, even though many investors view the claims as tied to normal supply-demand dynamics. Micron and Other Memory Makers Are Being Sued Over Price Fixing Claims. This Is Nothing More Than Headline Risk for MU Stock.
• Negative Sentiment: Some traders are warning that after Micron’s huge year-to-date rally, the stock may be vulnerable to a pullback if AI enthusiasm cools or if supply growth catches up. Why Micron Technology’s Stock Could Fall After July 10

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on MU shares. Citigroup upped their price target on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. KeyCorp raised their price objective on shares of Micron Technology from $600.00 to $1,600.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. DA Davidson boosted their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Susquehanna upped their target price on shares of Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a report on Thursday, June 25th. Finally, Rosenblatt Securities increased their price target on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and an average price target of $1,263.76.

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.