Venturi Wealth Management LLC cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 55.9% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 61,271 shares of the semiconductor manufacturer’s stock after selling 77,734 shares during the period. Micron Technology accounts for approximately 0.9% of Venturi Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Venturi Wealth Management LLC’s holdings in Micron Technology were worth $20,700,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also added to or reduced their stakes in MU. Riverstone Advisors LLC grew its holdings in Micron Technology by 5.8% in the 1st quarter. Riverstone Advisors LLC now owns 2,770 shares of the semiconductor manufacturer’s stock worth $936,000 after buying an additional 152 shares in the last quarter. Crown Wealth Group LLC bought a new stake in Micron Technology during the 1st quarter valued at $308,000. Pinnacle Wealth Management Advisory Group LLC boosted its position in Micron Technology by 2.3% during the 1st quarter. Pinnacle Wealth Management Advisory Group LLC now owns 8,889 shares of the semiconductor manufacturer’s stock worth $3,003,000 after acquiring an additional 197 shares during the period. Next Level Wealth Planning LLC boosted its position in Micron Technology by 6.1% during the 1st quarter. Next Level Wealth Planning LLC now owns 5,257 shares of the semiconductor manufacturer’s stock worth $1,776,000 after acquiring an additional 300 shares during the period. Finally, Wealth Effects LLC grew its stake in shares of Micron Technology by 7.4% in the first quarter. Wealth Effects LLC now owns 20,818 shares of the semiconductor manufacturer’s stock worth $7,033,000 after purchasing an additional 1,443 shares in the last quarter. 80.84% of the stock is owned by institutional investors.
Insider Buying and Selling at Micron Technology
In other news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred 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 owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total transaction of $13,895,600.00. Following the completion of the sale, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 146,000 shares of company stock worth $85,486,715. Company insiders own 0.24% of the company’s stock.
Key Stories Impacting Micron Technology
- Positive Sentiment: Analysts turned more bullish after Micron’s blowout earnings and strong AI-memory demand, with multiple firms raising price targets and saying the company’s long-term customer agreements improve revenue visibility. Micron and Qualcomm forecasts ignite $400 billion AI chip stock rally
- Positive Sentiment: Micron’s results showed surging revenue, record margins, and management commentary that AI-driven memory shortages could persist for years, reinforcing the bull case for continued pricing power. Micron stock jumps over 16% in premarket trading after blockbuster earnings
- Positive Sentiment: New articles also argue Micron is a key beneficiary of the AI memory boom and may still have room to run because demand is outpacing supply across data centers and AI infrastructure. Micron + One Explosive AI Memory Stock to Buy Before H2 2026
- Neutral Sentiment: Some coverage says investors are reassessing Micron after a huge rally, with a few commentators warning the stock could already be pricing in peak-cycle profits. Micron Was Yesterday’s Win — Here’s How to Find Tomorrow’s
- Negative Sentiment: Micron is also being pressured by a broader tech and chip selloff, with traders taking profits after the post-earnings surge and global semiconductor stocks coming under pressure. Micron falls 5% in premarket, paring earlier gains amid tech rout
Wall Street Analysts Forecast Growth
MU has been the topic of a number of research analyst reports. Citigroup raised their price target on Micron Technology from $1,200.00 to $1,400.00 and gave the company a “buy” rating in a report on Thursday. UBS Group upped their price objective on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Rosenblatt Securities increased their target price on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday. Weiss Ratings reissued a “buy (b)” rating on shares of Micron Technology in a research note on Tuesday, May 12th. Finally, Summit Insights downgraded shares of Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat, Micron Technology presently has an average rating of “Buy” and an average price target of $1,263.76.
Read Our Latest Stock Report on MU
Micron Technology Trading Down 6.7%
Shares of Micron Technology stock opened at $1,132.33 on Friday. The company has a quick ratio of 2.32, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.28 trillion, a price-to-earnings ratio of 25.64 and a beta of 2.16. The business has a fifty day simple moving average of $817.22 and a 200-day simple moving average of $524.65. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,255.00.
Micron Technology (NASDAQ:MU – Get Free Report) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company’s quarterly revenue was up 345.8% on a year-over-year basis. During the same quarter last year, the business posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities analysts forecast that Micron Technology, Inc. will post 60.62 EPS for the current fiscal year.
Micron Technology Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th will be given a dividend of $0.15 per share. The ex-dividend date is 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 2.83%.
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.
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