Silicon Valley Capital Partners Raises Position in Micron Technology, Inc. $MU

Silicon Valley Capital Partners grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 12.3% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,387 shares of the semiconductor manufacturer’s stock after purchasing an additional 809 shares during the period. Silicon Valley Capital Partners’ holdings in Micron Technology were worth $8,527,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MU. Wellington Altus USA Inc. lifted its stake in Micron Technology by 497.7% in the second quarter. Wellington Altus USA Inc. now owns 2,116 shares of the semiconductor manufacturer’s stock worth $2,442,000 after purchasing an additional 1,762 shares during the last quarter. IKE Capital LLC bought a new position in shares of Micron Technology during the second quarter valued at approximately $629,000. Anchor Investment Management LLC grew its stake in shares of Micron Technology by 2.0% during the second quarter. Anchor Investment Management LLC now owns 12,303 shares of the semiconductor manufacturer’s stock valued at $14,201,000 after buying an additional 243 shares during the last quarter. Reynders McVeigh Capital Management LLC purchased a new stake in shares of Micron Technology in the second quarter worth approximately $439,000. Finally, Bullseye Investment Management LLC purchased a new stake in shares of Micron Technology in the second quarter worth approximately $27,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

MU has been the subject of a number of recent analyst reports. Sanford C. Bernstein set a $1,300.00 price objective on Micron Technology in a report on Monday, June 22nd. Zacks Research lowered Micron Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a research report on Friday, August 7th. Mizuho lowered their target price on shares of Micron Technology from $1,375.00 to $1,300.00 and set an “outperform” rating for the company in a research note on Tuesday, August 25th. Finally, Bank of America upped their price target on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of $1,295.63.

Micron Technology Trading Up 2.7%

NASDAQ:MU traded up $27.69 during midday trading on Monday, hitting $1,043.49. The stock had a trading volume of 27,321,282 shares, compared to its average volume of 42,644,242. The stock has a 50-day moving average of $928.01 and a 200 day moving average of $776.17. The company has a market capitalization of $1.18 trillion, a price-to-earnings ratio of 23.62, a PEG ratio of 0.64 and a beta of 2.22. Micron Technology, Inc. has a one year low of $154.65 and a one year high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last issued its earnings results 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. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same period in the prior year, the business earned $1.91 EPS. The business’s revenue for the quarter was up 345.8% compared to the same quarter last year. 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 72.98 EPS for the current 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 given a dividend of $0.15 per share. The ex-dividend date of this dividend was 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%.

Insider Buying and Selling at Micron Technology

In related news, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction that occurred 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 transaction, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by company insiders.

More Micron Technology News

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

• Positive Sentiment: Analyst optimism supports the rally. Stifel maintained a Buy rating and a $1,500 price target, citing constrained memory supply, stronger pricing, and expanding profit margins. Other bullish estimates place fair value as high as $2,050. Why is Micron stock gaining today?
• Positive Sentiment: AI-related demand remains the central catalyst. Micron’s high-bandwidth memory is reportedly sold out through 2027, while take-or-pay agreements and hyperscaler spending are supporting visibility, pricing, and margins. Investors expect fiscal Q4 earnings and revenue to set new records. HBM Sold Out Through 2027
• Positive Sentiment: Recent operating momentum is substantial. Micron’s latest reported quarter generated $24.67 in diluted EPS versus $1.68 a year earlier, and analysts continue to revise earnings expectations upward. The broader semiconductor rally, including strength in AMD and Nvidia, also lifted MU sentiment. Why Micron Stock Popped This Morning
• Neutral Sentiment: Investors are positioning for a potentially large earnings move. Options markets imply significant volatility around the September 30 report, while renewed discussion of a stock split reflects MU’s move above $1,000. However, no split has been announced; Micron’s last split was a 2-for-1 transaction announced in 2000. Micron Stock Is Back Above $1,000
• Negative Sentiment: China’s CXMT presents a longer-term competitive risk. CXMT says it has begun mass production of a fifth-generation DRAM platform with improved wafer productivity, power efficiency, and manufacturing economics. If successful, greater Chinese supply could eventually pressure Micron’s pricing and market share. China’s CXMT Says It Has Reached Advanced DRAM Mass Production

Micron Technology Company Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.