Silicon Valley Capital Partners Has $316,000 Position in Micron Technology, Inc. $MU

Silicon Valley Capital Partners reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 3.2% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,577 shares of the semiconductor manufacturer’s stock after selling 117 shares during the period. Silicon Valley Capital Partners’ holdings in Micron Technology were worth $316,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Sunbeam Capital Management LLC bought a new position in Micron Technology during the fourth quarter worth about $26,000. Opal Wealth Advisors LLC acquired a new position in shares of Micron Technology in the 1st quarter valued at approximately $33,000. Roxbury Financial LLC grew its position in shares of Micron Technology by 306.1% in the 1st quarter. Roxbury Financial LLC now owns 398 shares of the semiconductor manufacturer’s stock valued at $37,000 after purchasing an additional 300 shares during the period. AllSquare Wealth Management LLC increased its stake in Micron Technology by 100.0% during the 1st quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock worth $35,000 after purchasing an additional 200 shares in the last quarter. Finally, MJT & Associates Financial Advisory Group Inc. acquired a new stake in Micron Technology during the 1st quarter worth approximately $36,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on MU. Piper Sandler upped their price target on shares of Micron Technology from $120.00 to $165.00 and gave the company an “overweight” rating in a report on Thursday, June 26th. Arete Research raised shares of Micron Technology to a “strong-buy” rating in a research note on Friday, July 18th. Wedbush increased their target price on Micron Technology from $150.00 to $165.00 and gave the stock an “outperform” rating in a report on Thursday, June 26th. The Goldman Sachs Group assumed coverage on Micron Technology in a report on Thursday, July 10th. They issued a “neutral” rating and a $130.00 price target on the stock. Finally, KeyCorp upped their price objective on Micron Technology from $135.00 to $160.00 and gave the stock an “overweight” rating in a research report on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and a consensus target price of $147.54.

Micron Technology Stock Up 3.5%

Shares of MU stock opened at $140.00 on Thursday. The firm’s 50-day moving average is $118.66 and its 200-day moving average is $102.39. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.89 and a current ratio of 2.75. The stock has a market cap of $156.68 billion, a price-to-earnings ratio of 25.23 and a beta of 1.47. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $142.24.

Micron Technology (NASDAQ:MU) last issued 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 firm had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $8.83 billion. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. During the same period last year, the business posted $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, July 7th. Micron Technology’s payout ratio is presently 8.29%.

Insiders Place Their Bets

In other Micron Technology news, EVP Manish H. Bhatia sold 80,000 shares of Micron Technology stock in a transaction dated 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 completion of the sale, the executive vice president owned 275,067 shares in the company, 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 Securities & Exchange Commission, which is available through the SEC website. Also, EVP Scott J. Deboer sold 20,000 shares of the business’s stock in a transaction dated Tuesday, June 24th. The shares were sold at an average price of $125.11, for a total transaction of $2,502,200.00. Following the completion of the sale, the executive vice president directly owned 166,353 shares of the company’s stock, valued at $20,812,423.83. This represents a 10.73% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 268,446 shares of company stock valued at $32,908,469 in the last three months. Insiders own 0.30% of the company’s stock.

Micron Technology Profile

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.