Oceanside Advisors LLC Makes New $236,000 Investment in Micron Technology, Inc. $MU

Oceanside Advisors LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 700 shares of the semiconductor manufacturer’s stock, valued at approximately $236,000.

Several other large investors also recently modified their holdings of MU. Brighton Jones LLC lifted its position in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after buying an additional 976 shares during the period. Sivia Capital Partners LLC grew its position in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after acquiring an additional 628 shares during the period. United Bank acquired a new position in Micron Technology during the second quarter worth $236,000. Schnieders Capital Management LLC. raised its stake in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after acquiring an additional 6,867 shares in the last quarter. Finally, Sei Investments Co. raised its stake in Micron Technology by 5.6% during the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after acquiring an additional 21,619 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Deutsche Bank Aktiengesellschaft boosted their target price 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. Susquehanna lifted their price target on shares of Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a report on Thursday, June 25th. Stifel Nicolaus boosted their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Citigroup upped their price objective on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Finally, Wolfe Research set a $1,500.00 price objective on shares of Micron Technology in a research note on Thursday, June 25th. Five investment 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, the company has a consensus rating of “Buy” and an average price target of $1,263.76.

Insider Activity

In other Micron Technology news, EVP Sumit Sadana sold 24,000 shares of the business’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the transaction, the executive vice president directly owned 224,021 shares of the company’s stock, valued at approximately $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction dated Monday, May 11th. The stock was sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 187,300 shares of company stock valued at $162,779,604. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Down 7.1%

Shares of Micron Technology stock traded down $69.71 on Tuesday, hitting $915.04. 21,915,441 shares of the company’s stock traded hands, compared to its average volume of 45,734,559. The firm’s 50-day moving average price is $876.93 and its two-hundred day moving average price is $554.99. 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 capitalization of $1.03 trillion, a PE ratio of 20.79 and a beta of 2.14. Micron Technology, Inc. has a one year low of $103.38 and a one year high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. The firm 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% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, research analysts expect that Micron Technology, Inc. will post 72.94 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. Investors of record on Monday, July 6th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is presently 1.36%.

Key Micron Technology News

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

• Positive Sentiment: Micron’s new long-term Ford supply agreement reinforces demand visibility and strengthens its position in automotive memory, which investors see as a growth driver. Reuters: Micron, Ford sign semiconductor supply agreement for vehicles
• Positive Sentiment: Recent coverage continues to emphasize record revenue, soaring AI-driven demand, and tight memory supply, supporting the bull case for Micron Technology. Motley Fool: Micron Stock Is Down 22% From Its High
• Positive Sentiment: BofA and other bullish commentary say AI cloud spending still supports the chip cycle, helping offset some of the near-term fear. Yahoo Finance: BofA Stays Bullish on Micron
• Neutral Sentiment: Micron is moving with the broader memory complex, so the stock is being driven as much by Samsung/SK Hynix sentiment and sector volatility as by company-specific news. MarketWatch: Micron’s stock falls as investors wonder if the memory market is near the top
• Neutral Sentiment: Insider selling, including EVP April Arnzen’s share sale, adds some caution but does not change the company’s underlying growth narrative. InsiderTrades: April Arnzen Sells 40,000 Shares
• Negative Sentiment: The biggest near-term drag is a memory-chip selloff tied to Samsung earnings and fears that AI-memory valuations have run too far, which is pushing Micron lower despite solid fundamentals. TipRanks: Micron Stock Drops as Asian Selloff Revived AI-Valuation Worries

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.