Montag A & Associates Inc. Lowers Stock Position in Micron Technology, Inc. $MU

Montag A & Associates Inc. cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 23.7% in the 2nd quarter, HoldingsChannel reports. The firm owned 10,836 shares of the semiconductor manufacturer’s stock after selling 3,365 shares during the period. Montag A & Associates Inc.’s holdings in Micron Technology were worth $12,508,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of MU. High Note Wealth LLC lifted its holdings in shares of Micron Technology by 65.4% during the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 34 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology in the first quarter valued at $27,000. Bayban bought a new position in Micron Technology in the fourth quarter valued at $29,000. Joseph Group Capital Management bought a new position in Micron Technology in the fourth quarter valued at $31,000. Finally, Luken Investment Analytics LLC purchased a new stake in Micron Technology during the fourth quarter valued at about $31,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, the director owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 37,439 shares of the firm’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the completion of the sale, the chief executive officer directly owned 387,064 shares in the company, valued at approximately $371,728,524.32. This trade represents a 8.82% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 177,179 shares of company stock valued at $181,826,211. 0.24% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms have recently issued reports on MU. TD Cowen reiterated a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. Wolfe Research set a $1,500.00 price objective on Micron Technology in a report on Thursday, June 25th. Erste Group Bank upgraded Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Rosenblatt Securities increased their price target 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, June 25th. Finally, Wedbush boosted their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $1,261.26.

Micron Technology Trading Down 5.8%

NASDAQ MU opened at $910.43 on Tuesday. The firm has a market cap of $1.03 trillion, a PE ratio of 20.61 and a beta of 2.18. Micron Technology, Inc. has a 1-year low of $114.25 and a 1-year high of $1,255.00. The stock has a 50-day moving average of $963.47 and a 200-day moving average of $701.56. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion for the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the company earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, sell-side analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a $0.15 dividend. The ex-dividend date was 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 currently 1.36%.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron CEO Sanjay Mehrotra said demand for AI memory continues to outpace supply, with industry capacity potentially unable to catch up until 2028. He also described memory as increasingly strategic rather than a commodity. Micron CEO sounds alarm on AI memory crunch
• Positive Sentiment: The company is investing $10 billion in Micron Research Labs to develop next-generation AI memory, supporting its long-term positioning in high-bandwidth memory and other advanced products. Micron CEO’s $10 billion AI-memory investment
• Positive Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship pipeline, supporting its planned U.S. manufacturing expansion and future workforce needs. Micron Boise training center announcement
• Neutral Sentiment: Analyst sentiment remains broadly favorable, with a consensus “Buy” rating and price targets well above recent trading levels. However, these targets may not offset short-term volatility in the memory cycle and semiconductor sector. Micron consensus Buy recommendation
• Negative Sentiment: Reports that Washington may allow Apple to purchase memory from Chinese suppliers raised concerns about potential demand and pricing pressure for Micron and other memory-chip makers. Memory stocks slide on Apple-China sourcing report
• Negative Sentiment: Investors also reacted to the possibility of a major YMTC initial public offering, which could provide China’s memory industry with additional capital to expand competition. Broad semiconductor de-risking and profit-taking ahead of Nvidia’s results added to selling pressure. Micron and the YMTC threat
• Negative Sentiment: Reports of substantial insider selling, including sales by CEO Sanjay Mehrotra, may have further weakened sentiment by encouraging profit-taking after MU’s strong earlier gains. Micron executive share sales

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.