Ritholtz Wealth Management Has $10.63 Million Stake in Micron Technology, Inc. $MU

Ritholtz Wealth Management grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 36.7% in the first quarter, according to its most recent filing with the SEC. The institutional investor owned 31,468 shares of the semiconductor manufacturer’s stock after purchasing an additional 8,455 shares during the period. Ritholtz Wealth Management’s holdings in Micron Technology were worth $10,631,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Heritage Trust Co grew its position in Micron Technology by 9.7% during the fourth quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after buying an additional 1,323 shares during the period. Westpac Banking Corp raised its position in Micron Technology by 251.0% in the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock worth $3,863,000 after acquiring an additional 16,509 shares during the period. Wellington Management Group LLP boosted its stake in Micron Technology by 19.9% in the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after acquiring an additional 1,188,296 shares during the last quarter. Fulton Bank N.A. boosted its stake in Micron Technology by 79.1% in the fourth quarter. Fulton Bank N.A. now owns 16,183 shares of the semiconductor manufacturer’s stock valued at $4,619,000 after acquiring an additional 7,147 shares during the last quarter. Finally, Financial Synergies Wealth Advisors Inc. bought a new position in shares of Micron Technology during the 4th quarter valued at approximately $1,316,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. Wells Fargo & Company raised their price target on shares of Micron Technology from $550.00 to $1,220.00 and gave the stock an “overweight” rating in a research note on Monday, June 8th. Summit Insights lowered Micron Technology from a “buy” rating to a “hold” rating in a report on Thursday, March 19th. Citigroup raised their target price on Micron Technology from $840.00 to $1,200.00 and gave the stock a “buy” rating in a research report on Wednesday, June 17th. Wolfe Research boosted their target price on Micron Technology from $550.00 to $1,250.00 and gave the company an “outperform” rating in a research note on Thursday, June 11th. Finally, Wedbush upped their price target on Micron Technology from $500.00 to $1,300.00 and gave the company an “outperform” rating in a research report on Thursday, June 18th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology presently has an average rating of “Buy” and an average target price of $1,084.80.

Micron Technology Stock Performance

Shares of MU stock opened at $1,037.93 on Thursday. The stock has a market capitalization of $1.17 trillion, a P/E ratio of 49.01 and a beta of 2.16. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average is $788.74 and its 200 day moving average is $513.50. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,213.56.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping the consensus estimate of $20.98 by $4.13. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same period last year, the firm earned $1.91 EPS. Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 60.34 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be paid a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, July 6th. Micron Technology’s payout ratio is presently 2.83%.

More Micron Technology News

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

• Positive Sentiment: Micron reported fiscal Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, both far above Wall Street estimates, showing that AI-related memory demand is still accelerating. Article Title
• Positive Sentiment: The company issued stronger-than-expected Q4 guidance, with revenue and EPS forecasts well above consensus, signaling that the growth trajectory may continue into the next quarter. Article Title
• Positive Sentiment: Several reports highlighted Micron’s record margins and “blowout” results, with bullish commentary saying the AI trade is still alive and that pricing power is improving as memory shortages persist. Article Title
• Positive Sentiment: Analysts responded with higher price targets and upgrades, reinforcing confidence that Micron’s AI-driven earnings power may justify a richer valuation. Article Title
• Neutral Sentiment: The stock had been volatile ahead of earnings because of a broader tech sell-off and concerns that AI spending was getting overheated, so expectations were very high going into the report. Article Title
• Neutral Sentiment: Micron’s elevated capital spending plans and some analyst warnings suggest investors may still watch closely for signs that the memory boom cools or margins normalize later on. Article Title

Insider Buying and Selling

In other news, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 146,000 shares of company stock worth $85,486,715. Company insiders own 0.24% of the company’s stock.

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.