Micron Technology, Inc. $MU Shares Sold by HCR Wealth Advisors

HCR Wealth Advisors lowered its holdings in Micron Technology, Inc. (NASDAQ:MU) by 32.6% during the second quarter, according to the company in its most recent filing with the SEC. The fund owned 9,818 shares of the semiconductor manufacturer’s stock after selling 4,744 shares during the quarter. Micron Technology comprises 1.0% of HCR Wealth Advisors’ investment portfolio, making the stock its 17th biggest holding. HCR Wealth Advisors’ holdings in Micron Technology were worth $11,333,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the business. Ramsey Quantitative Systems acquired a new stake in Micron Technology during the second quarter worth approximately $46,000. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Micron Technology in the 1st quarter valued at $27,000. High Note Wealth LLC grew its position in shares of Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 34 shares during the last quarter. Bayban purchased a new position in shares of Micron Technology in the 4th quarter valued at $29,000. Finally, GoalVest Advisory LLC acquired a new stake in Micron Technology during the 2nd quarter worth $117,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Up 4.9%

Shares of NASDAQ:MU opened at $911.29 on Thursday. Micron Technology, Inc. has a 1-year low of $113.46 and a 1-year high of $1,255.00. 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 stock has a market cap of $1.03 trillion, a P/E ratio of 20.63 and a beta of 2.18. The firm has a fifty day moving average price of $964.26 and a 200 day moving average price of $671.13.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same period in the previous year, the business posted $1.91 earnings per share. Micron Technology’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. Sell-side analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

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

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MU. Deutsche Bank Aktiengesellschaft boosted their price target on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Melius Research assumed coverage on Micron Technology in a report on Monday, April 27th. They set a “buy” rating and a $700.00 price objective on the stock. Wells Fargo & Company lifted their target price 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. Raymond James Financial boosted their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Finally, Susquehanna upped their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a research report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $1,260.31.

Micron Technology News Roundup

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.

Insider Buying and Selling

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the sale, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the sale, the executive vice president directly owned 85,737 shares of the company’s stock, valued at $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 162,179 shares of company stock worth $167,811,861. Insiders own 0.24% of the company’s stock.

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.