Micron Technology, Inc. $MU Stock Holdings Lessened by Gould Capital LLC

Gould Capital LLC cut its position in Micron Technology, Inc. (NASDAQ:MU) by 95.4% during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 601 shares of the semiconductor manufacturer’s stock after selling 12,457 shares during the quarter. Gould Capital LLC’s holdings in Micron Technology were worth $52,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of the company. Vanguard Group Inc. lifted its position in Micron Technology by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 101,906,368 shares of the semiconductor manufacturer’s stock valued at $8,854,644,000 after purchasing an additional 2,049,163 shares during the last quarter. Northern Trust Corp lifted its position in Micron Technology by 13.7% in the 4th quarter. Northern Trust Corp now owns 10,712,056 shares of the semiconductor manufacturer’s stock valued at $901,527,000 after purchasing an additional 1,287,063 shares during the last quarter. Goldman Sachs Group Inc. lifted its position in Micron Technology by 23.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer’s stock valued at $922,467,000 after purchasing an additional 2,038,641 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its position in Micron Technology by 0.8% in the 1st quarter. Charles Schwab Investment Management Inc. now owns 6,938,848 shares of the semiconductor manufacturer’s stock valued at $602,917,000 after purchasing an additional 58,285 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its position in Micron Technology by 26.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer’s stock valued at $590,807,000 after purchasing an additional 1,416,174 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Micron Technology in a research report on Thursday, July 10th. They issued a “neutral” rating and a $130.00 price objective on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Micron Technology in a research report on Thursday, July 10th. They issued a “buy” rating and a $150.00 price objective on the stock. Bank of America lifted their price objective on shares of Micron Technology from $84.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, June 26th. Needham & Company LLC reiterated a “buy” rating and issued a $150.00 price objective on shares of Micron Technology in a research report on Monday, August 11th. Finally, Robert W. Baird boosted their price target on shares of Micron Technology from $163.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, June 27th. Two research analysts have rated the stock with a Strong Buy rating, twenty have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $147.24.

Micron Technology Stock Down 1.2%

MU stock opened at $115.79 on Friday. The firm’s 50-day moving average is $118.44 and its two-hundred day moving average is $99.86. The company has a market capitalization of $129.58 billion, a price-to-earnings ratio of 20.86 and a beta of 1.37. The company has a current ratio of 2.75, a quick ratio of 1.89 and a debt-to-equity ratio of 0.30. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $129.85.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.34. The company had revenue of $9.30 billion for the quarter, compared to analysts’ expectations of $8.83 billion. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. During the same quarter in the previous year, the company posted $0.62 EPS. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. On average, analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th were paid a $0.115 dividend. The ex-dividend date of this dividend was Monday, July 7th. This represents a $0.46 annualized dividend and a dividend yield of 0.4%. Micron Technology’s payout ratio is currently 8.29%.

Insider Buying and Selling

In other news, EVP Manish H. Bhatia sold 80,000 shares of Micron Technology stock in a transaction that occurred on Monday, June 30th. The shares were sold at an average price of $123.16, for a total value of $9,852,800.00. Following the transaction, the executive vice president owned 275,067 shares of the company’s stock, valued at $33,877,251.72. The trade was a 22.53% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, CFO Mark J. Murphy sold 34,000 shares of Micron Technology stock in a transaction that occurred on Tuesday, July 22nd. The stock was sold at an average price of $109.32, for a total transaction of $3,716,880.00. Following the completion of the transaction, the chief financial officer directly owned 264,036 shares in the company, valued at $28,864,415.52. This represents a 11.41% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 286,042 shares of company stock worth $34,679,277. 0.30% of the stock is owned by insiders.

About Micron Technology

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.