Czech National Bank boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 4.7% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 320,996 shares of the semiconductor manufacturer’s stock after purchasing an additional 14,469 shares during the quarter. Micron Technology comprises about 2.0% of Czech National Bank’s portfolio, making the stock its 8th biggest position. Czech National Bank’s holdings in Micron Technology were worth $370,522,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. High Note Wealth LLC grew its position in shares of Micron Technology by 65.4% during the 4th 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. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Micron Technology in the first quarter valued at about $27,000. Steigerwald Gordon & Koch Inc. raised its holdings in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 96 shares in the last quarter. Bayban purchased a new stake in Micron Technology in the fourth quarter worth about $29,000. Finally, GHP Investment Advisors Inc. lifted its stake in Micron Technology by 91.2% in the fourth quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 52 shares during the period. 80.84% of the stock is owned by institutional investors.
Insider Activity at Micron Technology
In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction on 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 transaction, the director directly owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 31,285 shares of the company’s stock in a transaction on Friday, July 24th. The stock was sold at an average price of $926.83, for a total value of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares in the company, valued at approximately $290,299,838.94. The trade was a 9.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 164,179 shares of company stock valued at $169,385,921 over the last three months. Company insiders own 0.24% of the company’s stock.
Trending Headlines about Micron Technology
- Positive Sentiment: Micron remains a favored growth stock because its fiscal third-quarter results were well above expectations, with $41.5 billion in revenue, $25.11 in adjusted EPS and revenue growth of more than 345% year over year. The company also issued strong fourth-quarter guidance. Micron & 2 Profitable Stocks Smart Investors Are Buying in August
- Positive Sentiment: AI infrastructure demand continues to support Micron’s high-bandwidth memory business. Industry commentary indicates that memory demand may exceed global supply for several years, while Micron’s 2026 HBM output is reportedly sold out and customer agreements provide additional revenue visibility. How SpaceX’s Earnings Call Turned Bullish for Memory Stocks
- Positive Sentiment: Several analysts and financial publications view MU as attractively valued after its pullback, with reported price targets materially above the current trading level. Record cash flow could also support share repurchases across the memory industry. Micron Is an Incredible Bargain Below $1,000
Micron Technology Price Performance
MU opened at $881.47 on Friday. The firm has a market capitalization of $995.52 billion, a PE ratio of 19.96 and a beta of 2.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The business’s 50-day moving average is $976.89 and its two-hundred day moving average is $657.02. Micron Technology, Inc. has a 1 year low of $110.79 and a 1 year high of $1,255.00.
Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. During the same period in the prior year, the firm posted $1.91 earnings per share. The company’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.
Micron Technology Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid 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 was Monday, July 6th. Micron Technology’s payout ratio is 1.36%.
Analyst Ratings Changes
MU has been the topic of a number of research reports. Melius Research initiated coverage on shares of Micron Technology in a research report on Monday, April 27th. They set a “buy” rating and a $700.00 target price on the stock. Citigroup upped their price target on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Wells Fargo & Company increased their price objective on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Royal Bank Of Canada lifted their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Finally, The Goldman Sachs Group lifted their price objective on shares of Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $1,268.93.
Check Out Our Latest Report on Micron Technology
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.
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