Western Wealth Management LLC Buys 2,070 Shares of Micron Technology, Inc. $MU

Western Wealth Management LLC grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 66.0% in the 1st quarter, HoldingsChannel reports. The fund owned 5,206 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,070 shares during the quarter. Western Wealth Management LLC’s holdings in Micron Technology were worth $1,759,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in MU. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology during the 1st quarter worth $27,000. High Note Wealth LLC lifted its holdings in shares of Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 34 shares in the last quarter. Bayban bought a new stake in shares of Micron Technology in the fourth quarter valued at about $29,000. Financial Life Planners acquired a new position in shares of Micron Technology in the first quarter valued at about $36,000. Finally, Joseph Group Capital Management acquired a new position in shares of Micron Technology in the fourth quarter valued at about $31,000. Institutional investors own 80.84% of the company’s stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: AI infrastructure spending boosted semiconductor sentiment. Strong earnings and forecasts from CoreWeave and Super Micro Computer reassured investors that hyperscaler and data-center capital expenditures remain robust, supporting demand for Micron’s high-bandwidth memory and other products. AI infrastructure stocks surge after strong earnings from CoreWeave, Supermicro
• Positive Sentiment: Memory shortages and multi-year demand visibility remain bullish. Reports highlighted constrained DRAM and high-bandwidth memory supply, with demand reportedly extending through 2027. Micron’s take-or-pay and strategic customer agreements could lock in volumes, improve revenue visibility and reduce some of the industry’s historical cyclicality. Can Micron’s Take-or-Pay Deals Improve Revenue Growth Visibility?
• Positive Sentiment: Recent financial performance supports the rally. Micron’s fiscal third-quarter revenue rose roughly 346% year over year to about $41.5 billion, while gross margin reached approximately 85%. Analysts and investors cited the earnings surge, elevated pricing and potential benefits from AI, advanced computing and robotics as reasons for continued optimism.
• Neutral Sentiment: Profitability may be peaking in the near term. Although record margins are a major catalyst, some new customer contracts reportedly cap pricing. That could limit further margin expansion if memory prices continue rising, even as contracted demand supports revenue growth. Micron Set A Margin Record On Prices It Has Agreed To Cap
• Negative Sentiment: Netlist initiated new patent litigation against Micron. The action at the U.S. International Trade Commission creates potential legal costs, disruption or restrictions involving products alleged to infringe Netlist patents. The financial impact is uncertain, but the filing adds an overhang to the otherwise bullish narrative. Micron Technology Faces New Legal Action Over Alleged Infringement of Netlist Patents
• Negative Sentiment: Insider selling and cyclical concerns temper enthusiasm. Reported insider activity showed sales without purchases over the past six months, while critics warn that expectations for AI-driven growth and margins may already be extremely high.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Bank of America lifted their price objective on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Barclays raised their target price on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Raymond James Financial lifted their price target on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Morgan Stanley boosted their price target on Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Finally, Wells Fargo & Company increased their price target on Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $1,260.31.

Insiders Place Their Bets

In related news, CEO Sanjay Mehrotra sold 37,439 shares of the company’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the completion of the sale, the chief executive officer directly owned 387,064 shares in the company, valued at $371,728,524.32. This represents a 8.82% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 162,179 shares of company stock worth $167,811,861 over the last 90 days. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $911.29 on Thursday. The company’s 50-day moving average price is $964.26 and its two-hundred day moving average price is $671.13. The firm has a market cap of $1.03 trillion, a P/E ratio of 20.63 and a beta of 2.18. 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 12 month low of $113.46 and a 12 month high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same quarter last year, the business posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Micron Technology 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.