Cetera Investment Advisers Increases Stock Position in Micron Technology, Inc. $MU

Cetera Investment Advisers grew its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.9% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 385,997 shares of the semiconductor manufacturer’s stock after buying an additional 47,064 shares during the period. Cetera Investment Advisers’ holdings in Micron Technology were worth $130,405,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MU. GSG Advisors LLC bought a new position in shares of Micron Technology in the 1st quarter worth about $235,000. Levin Capital Strategies L.P. purchased a new stake in Micron Technology in the first quarter worth about $635,000. Clearwater Capital Advisors LLC increased its stake in shares of Micron Technology by 1.1% during the first quarter. Clearwater Capital Advisors LLC now owns 1,617 shares of the semiconductor manufacturer’s stock valued at $546,000 after purchasing an additional 18 shares in the last quarter. Militia Capital Management LLC purchased a new position in shares of Micron Technology during the first quarter valued at approximately $638,000. Finally, Signature Equity Partners LLC boosted its position in shares of Micron Technology by 6.3% in the 1st quarter. Signature Equity Partners LLC now owns 253 shares of the semiconductor manufacturer’s stock worth $86,000 after purchasing an additional 15 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Stock Down 1.2%

Micron Technology stock opened at $959.48 on Thursday. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,255.00. The stock has a fifty day simple moving average of $958.06 and a two-hundred day simple moving average of $615.70. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.08 trillion, a price-to-earnings ratio of 21.72 and a beta of 2.14.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating 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 company had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same period last year, the firm posted $1.91 earnings per share. Micron Technology’s revenue 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. Equities analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is currently 1.36%.

Insider Activity at Micron Technology

In other news, CEO Sanjay Mehrotra sold 28,506 shares of the business’s stock in a transaction that occurred on Friday, June 26th. The shares were sold at an average price of $1,149.28, for a total transaction of $32,761,375.68. Following the completion of the transaction, the chief executive officer directly owned 355,997 shares of the company’s stock, valued at $409,140,232.16. The trade was a 7.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. This trade represents a 31.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 163,300 shares of company stock valued at $152,667,204. Insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft raised their price objective on Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Melius Research assumed coverage on Micron Technology in a report on Monday, April 27th. They set a “buy” rating and a $700.00 price target for the company. UBS Group lifted 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. DA Davidson upped their price target 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. Finally, Barclays increased their price objective on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and an average target price of $1,268.93.

Key Micron Technology News

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

• Positive Sentiment: Bank of America reiterated a bullish view on Micron after the Kimi K3 launch, arguing that low-cost AI models can actually increase memory-chip demand rather than reduce it. Bank of America Reaffirms Bullish Micron Stock Call After Kimi K3 Launch
• Positive Sentiment: Multiple reports said Micron jumped after BofA’s note and a broader chip rebound, with analysts also raising price targets as the AI memory upcycle gains traction. Micron jumps 12% on BofA note, chip rally
• Positive Sentiment: Memory prices are reportedly still skyrocketing, with Morgan Stanley forecasting at least a 25% increase from Q2 to Q3, which supports higher revenue and margins for Micron. Micron, Western Digital, and Sandisk Just Jumped 12% to 14%. Here’s the Forecast That Did It.
• Positive Sentiment: Wall Street commentary remains constructive on AI infrastructure names, with Micron highlighted as a beneficiary of strong revenue growth, expanding profitability, and the ongoing AI spending cycle. 2 AI Infrastructure Stocks That Could Outperform NVIDIA
• Neutral Sentiment: Several articles framed Micron as part of a broader “Memi” trade and a continued semiconductor rebound, reinforcing the AI-memory narrative but not adding much company-specific news. A new group of stocks is transforming global equities markets. Meet ‘Memi,’ the $3 trillion sector fueled by AI’s insatiable hunger for memory chips
• Neutral Sentiment: Bearish takes also emerged, including one arguing Micron could be a “generational short” with substantial downside, which may be tempering some enthusiasm after the recent run-up. Micron: A Generational Short Opportunity With 76% Downside

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.