Net Worth Advisory Group Sells 1,645 Shares of Micron Technology, Inc. $MU

Net Worth Advisory Group lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 78.9% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 439 shares of the semiconductor manufacturer’s stock after selling 1,645 shares during the period. Net Worth Advisory Group’s holdings in Micron Technology were worth $507,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. High Note Wealth LLC boosted its stake in shares of Micron Technology by 65.4% in the fourth 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 during the period. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology during the 1st quarter worth $27,000. Bayban bought a new position in Micron Technology during the 4th quarter worth $29,000. GHP Investment Advisors Inc. raised its holdings in Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new position in Micron Technology in the 4th quarter valued at $31,000. 80.84% of the stock is owned by institutional investors.

Insider Activity at Micron Technology

In related news, CEO Sanjay Mehrotra sold 37,439 shares of the company’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the completion of the transaction, the chief executive officer directly owned 387,064 shares in the company, valued at $371,728,524.32. This represents a 8.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 162,179 shares of company stock worth $167,811,861 over the last three months. 0.24% of the stock is owned by insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: AI demand is the primary catalyst. Investors continue to expect robust demand for Micron’s high-bandwidth memory (HBM) products as hyperscalers expand AI infrastructure. Analysts and fund managers describe Micron as a major beneficiary of the AI buildout, with HBM capacity reportedly committed well into 2027. Micron Stock Extends Winning Streak on Strong AI Memory Demand
• Positive Sentiment: Sector-wide memory strength lifted MU. Strong results and outlooks from AI infrastructure companies CoreWeave and Super Micro Computer reinforced expectations that technology companies will keep increasing capital spending. Micron rallied alongside SanDisk, SK Hynix and other memory stocks as investors anticipated tight supply and firm pricing. Why are Micron, SK Hynix stocks rallying today after CoreWeave, Super Micro earnings?
• Positive Sentiment: Micron launched a $250 million AI investment fund. The Micron Ventures Paradigm Fund will invest across the AI technology stack, potentially expanding Micron’s relationships with emerging companies and helping the company identify future technology and customer opportunities. Micron Ventures Launches $250 Million Fund to Invest in the Next Generation of AI
• Neutral Sentiment: Macro conditions improved sentiment. A record S&P 500 close and calmer producer-price data reduced fears of additional Federal Reserve tightening, supporting high-growth technology valuations and the semiconductor group broadly. S&P 500 Notches Record-High Close as Rate-Hike Worries Ease
• Negative Sentiment: Chinese competition is a growing concern. Yangtze Memory Technologies reportedly overtook Micron in second-quarter NAND shipments, reaching roughly 14% of global shipments. While Micron remains stronger in revenue and AI-focused memory, increased NAND competition could pressure pricing and market share. Micron Stock Falls as It Faces a Fresh Chinese Memory-Chip Threat
• Negative Sentiment: Legal and cyclical risks remain. Netlist has filed additional patent-infringement proceedings against Micron, while some analysts warn that rising supply, potentially weaker average selling prices and the cyclical nature of memory markets could challenge elevated earnings expectations. Micron Technology Faces New Legal Action Over Alleged Infringement of Netlist Patents

Micron Technology Trading Up 4.2%

Shares of MU opened at $949.83 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a 52-week low of $113.46 and a 52-week high of $1,255.00. The firm has a market cap of $1.07 trillion, a price-to-earnings ratio of 21.50 and a beta of 2.18. The business’s fifty day moving average is $963.34 and its 200-day moving average is $675.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same period in the prior year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 1.36%.

Analyst Ratings Changes

A number of analysts have recently weighed in on MU shares. Raymond James Financial upped their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, June 25th. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. TD Cowen reiterated a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Finally, Melius Research started coverage on shares of Micron Technology in a report on Monday, April 27th. They issued a “buy” rating and a $700.00 target price on the stock. Four analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, Micron Technology has an average rating of “Buy” and an average price target of $1,260.31.

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.