Premier Path Wealth Partners LLC Boosts Holdings in Micron Technology, Inc. $MU

Premier Path Wealth Partners LLC lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 32.9% in the first quarter, Holdings Channel reports. The institutional investor owned 6,017 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,489 shares during the quarter. Premier Path Wealth Partners LLC’s holdings in Micron Technology were worth $2,033,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. High Note Wealth LLC grew its position in Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC raised its position 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 purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. lifted its stake in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares during the last quarter. Bayban acquired a new position in shares of Micron Technology in the 4th quarter valued at $29,000. Finally, GHP Investment Advisors Inc. lifted its stake in shares of Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 52 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction dated Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the completion of the transaction, the director owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 146,000 shares of company stock worth $117,926,445 in the last quarter. 0.24% of the stock is owned by company insiders.

Trending Headlines about Micron Technology

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

Micron Technology Stock Performance

Shares of MU stock opened at $1,154.29 on Wednesday. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 52 week low of $103.38 and a 52 week high of $1,255.00. The stock has a market capitalization of $1.30 trillion, a PE ratio of 26.13 and a beta of 2.16. The firm has a 50 day moving average of $844.97 and a two-hundred day moving average of $539.17.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The business 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 quarter in the prior year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, research analysts predict that Micron Technology, Inc. will post 71.74 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.

Analyst Ratings Changes

A number of brokerages recently issued reports on MU. TD Cowen raised their price objective on Micron Technology from $1,500.00 to $1,600.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. JPMorgan Chase & Co. increased their target price on shares of Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. DA Davidson lifted their price target 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. Rosenblatt Securities boosted their price target on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Finally, Citigroup upped their price objective on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the stock a “buy” rating in a 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 issued a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $1,263.76.

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.