Wealth Effects LLC Has $22.43 Million Stake in Micron Technology, Inc. $MU

Wealth Effects LLC lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 6.7% during the second quarter, HoldingsChannel reports. The fund owned 19,433 shares of the semiconductor manufacturer’s stock after selling 1,385 shares during the quarter. Micron Technology accounts for about 6.1% of Wealth Effects LLC’s investment portfolio, making the stock its 3rd biggest holding. Wealth Effects LLC’s holdings in Micron Technology were worth $22,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also added to or reduced their stakes in the business. M.E. Allison & CO. Inc. raised its stake in shares of Micron Technology by 0.8% in the second quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock worth $1,528,000 after purchasing an additional 11 shares during the last quarter. Cherrydale Wealth Management LLC grew its holdings in Micron Technology by 1.4% during the second quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock worth $1,122,000 after buying an additional 13 shares in the last quarter. Bellevue Asset Management LLC raised its position in Micron Technology by 25.5% in the 2nd quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer’s stock valued at $74,000 after buying an additional 13 shares during the last quarter. Red Door Wealth Management LLC lifted its stake in Micron Technology by 0.7% during the 2nd quarter. Red Door Wealth Management LLC now owns 1,914 shares of the semiconductor manufacturer’s stock valued at $2,209,000 after acquiring an additional 14 shares in the last quarter. Finally, Signature Equity Partners LLC boosted its holdings in Micron Technology by 6.3% during the 1st quarter. Signature Equity Partners LLC now owns 253 shares of the semiconductor manufacturer’s stock worth $86,000 after acquiring an additional 15 shares during the last quarter. 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: Nvidia said memory availability has become a key constraint on AI expansion and indicated it is willing to pay higher prices. The comments support demand, pricing power and margins for Micron’s DRAM and high-bandwidth memory products. Nvidia’s reported memory-related purchase commitments reportedly more than doubled to $279 billion. Nvidia Says Memory Is a Key Constraint
• Positive Sentiment: President Donald Trump praised Micron’s planned $10 billion investment in U.S. research laboratories, saying it should strengthen America’s position in AI and advanced computing. The announcement reinforces potential strategic and government support for Micron’s domestic expansion. Trump Hails Micron’s U.S. Research Investment
• Positive Sentiment: Recent results remain a major fundamental support: Micron reported $41.46 billion in quarterly revenue and $25.11 in EPS, far exceeding estimates, with revenue up 345.8% year over year. Commentary also highlighted an 84.9% non-GAAP gross margin, surpassing Nvidia’s reported adjusted margin. Micron’s Gross Margin Beat Nvidia’s
• Neutral Sentiment: Micron appointed Manish Bhatia as president and chief operating officer and Scott DeBoer as president and chief technology and products officer. The changes are intended to improve execution during the AI memory expansion but are unlikely to materially alter near-term results. Micron will report fiscal fourth-quarter results on September 30. Micron Announces Leadership Appointments
• Negative Sentiment: Investors appear to be locking in gains after Micron’s powerful rally, while Nvidia’s disclosures raised concerns that memory scarcity could restrict AI hardware deliveries rather than simply boost Micron sales. Potential U.S. chip tariffs and a broader debate over interest rates add to uncertainty. Why Is Micron Stock Falling?
• Negative Sentiment: Competitive risks persist from Chinese memory producer YMTC, while Micron CEO Sanjay Mehrotra’s sale of 40,000 shares for approximately $38.8 million may weigh on sentiment, although insider sales do not necessarily indicate a change in business outlook. Micron CEO Share Sale

Insider Transactions at Micron Technology

In other news, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction 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 transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the transaction, the director owned 17,728 shares of the company’s stock, valued at $20,394,823.04. The trade was a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 177,179 shares of company stock valued at $182,127,955. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Down 0.3%

Micron Technology stock opened at $935.74 on Friday. Micron Technology, Inc. has a twelve month low of $114.25 and a twelve month high of $1,255.00. The firm has a 50 day moving average price of $955.65 and a 200-day moving average price of $713.18. The company has a market capitalization of $1.06 trillion, a P/E ratio of 21.18 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 (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. Micron Technology’s revenue was up 345.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders 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 payout ratio is presently 1.36%.

Analysts Set New Price Targets

Several analysts have recently commented on the stock. Wedbush increased their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft increased their price objective on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Needham & Company LLC boosted their target price on Micron Technology from $1,550.00 to $1,650.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $1,500.00 price target on shares of Micron Technology in a research report on Thursday, June 25th. Finally, The Goldman Sachs Group lifted their price target on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $1,295.63.

About Micron Technology

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.