Global Trust Asset Management LLC Has $1.78 Million Stock Holdings in Micron Technology, Inc. $MU

Global Trust Asset Management LLC raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 45.9% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 5,271 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,658 shares during the quarter. Global Trust Asset Management LLC’s holdings in Micron Technology were worth $1,781,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. High Note Wealth LLC boosted its stake in 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 in the last quarter. Elevation Wealth Partners LLC raised its stake in Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 71 shares in the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Micron Technology during the first quarter valued at $27,000. Steigerwald Gordon & Koch Inc. boosted its stake in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares in the last quarter. Finally, Bayban bought a new stake in shares of Micron Technology in the 4th quarter worth about $29,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology News Roundup

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

• Positive Sentiment: Analysts and writers say Micron’s strategic customer agreements, long-term supply deals, and AI-related memory demand are reducing cyclicality and supporting higher earnings visibility. Micron: This Cycle Is Different
• Positive Sentiment: Recent coverage highlighted Micron’s record quarter, with revenue and EPS far above expectations and guidance that points to continued strength in DRAM and NAND pricing. What’s Next for Micron Stock After Best Ever Quarter
• Positive Sentiment: Wall Street sentiment remains upbeat, with multiple bullish notes and higher price targets as analysts see continued upside from AI capex and tighter memory supply. Surging Earnings Estimates Signal Upside for Micron (MU) Stock
• Neutral Sentiment: Micron announced a $250 million investment in “Trump Accounts” for children and families, which is mainly a corporate philanthropy and workforce-development story rather than a direct operating catalyst. Micron Announces $250 Million Investment in Trump Accounts Reaching 1 Million Children, Families and the Future Workforce
• Negative Sentiment: A class-action lawsuit alleging DRAM price-fixing among Micron, Samsung, and SK Hynix is creating headline risk, even though many investors view the claims as tied to normal supply-demand dynamics. Micron and Other Memory Makers Are Being Sued Over Price Fixing Claims. This Is Nothing More Than Headline Risk for MU Stock.
• Negative Sentiment: Some traders are warning that after Micron’s huge year-to-date rally, the stock may be vulnerable to a pullback if AI enthusiasm cools or if supply growth catches up. Why Micron Technology’s Stock Could Fall After July 10

Micron Technology Trading Up 0.8%

Shares of NASDAQ MU opened at $1,154.29 on Wednesday. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,255.00. The firm has a market capitalization of $1.30 trillion, a P/E ratio of 26.13 and a beta of 2.16. 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 company’s 50 day simple moving average is $844.97 and its 200 day simple moving average is $539.17.

Micron Technology (NASDAQ:MU) last issued its 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. The company had revenue of $41.46 billion during 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%. The business’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, analysts predict that Micron Technology, Inc. will post 71.74 EPS for the current year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 1.36%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on MU. KeyCorp lifted their price target on shares of Micron Technology from $600.00 to $1,600.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. DA Davidson upped their price objective on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Rosenblatt Securities raised their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. JPMorgan Chase & Co. lifted their target price on shares of Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a research note on Thursday, March 19th. Finally, UBS Group increased their price target on Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and an average price target of $1,263.76.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on Friday, May 1st. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00. Following the sale, the chief executive officer directly owned 424,503 shares in the company, valued at $227,643,978.78. This trade represents a 8.61% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director directly owned 17,139 shares in the company, valued at $13,488,907.17. The trade was a 10.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 146,000 shares of company stock worth $117,926,445. 0.24% of the stock is currently owned by company insiders.

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.