Strategic Planning Group LLC Has $6.93 Million Position in Micron Technology, Inc. $MU

Strategic Planning Group LLC boosted its position in Micron Technology, Inc. (NASDAQ:MU) by 562.1% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 6,005 shares of the semiconductor manufacturer’s stock after buying an additional 5,098 shares during the period. Strategic Planning Group LLC’s holdings in Micron Technology were worth $6,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. High Note Wealth LLC boosted its position 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 acquiring an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Micron Technology in the first quarter valued at about $27,000. Bayban bought a new position in Micron Technology during the fourth quarter worth about $29,000. Joseph Group Capital Management bought a new position in Micron Technology during the fourth quarter worth about $31,000. Finally, Luken Investment Analytics LLC acquired a new stake in Micron Technology in the 4th quarter worth about $31,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Price Performance

Micron Technology stock opened at $941.15 on Wednesday. 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 stock has a market capitalization of $1.06 trillion, a P/E ratio of 21.31 and a beta of 2.19. The stock has a fifty day moving average of $966.84 and a 200-day moving average of $686.90.

Micron Technology (NASDAQ:MU) last released its earnings results 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 for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.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 business posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, sell-side analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued 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 dividend yield of 0.1%. Micron Technology’s payout ratio is 1.36%.

Wall Street Analyst Weigh In

MU has been the subject of a number of recent research reports. Mizuho boosted their price objective on shares of Micron Technology from $1,150.00 to $1,375.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Rosenblatt Securities lifted 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. The Goldman Sachs Group boosted their price target on Micron Technology from $900.00 to $1,100.00 and gave the company a “neutral” rating in a research note on Thursday, June 25th. Cantor Fitzgerald restated an “overweight” rating and set a $1,500.00 price objective on shares of Micron Technology in a research note on Thursday, June 25th. Finally, Citigroup lowered their price objective on Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $1,259.97.

Insider Activity at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the firm’s 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 value of $879,000.00. Following the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the sale, the director directly owned 17,728 shares in the company, valued at approximately $20,394,823.04. The trade was a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 162,179 shares of company stock valued at $167,811,861. Company insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s long-term AI opportunity remains a key bullish argument. Demand for high-bandwidth memory (HBM) used in AI data centers is absorbing significant wafer capacity, while Micron’s 2026 HBM output is reportedly fully allocated under long-term agreements. Uncle Sam’s Chip Trick: How the Government Built a Silicon Moat
• Positive Sentiment: U.S. efforts to discourage technology companies from purchasing memory from Chinese suppliers could reduce competition and strengthen Micron’s pricing power with domestic and allied customers. Micron’s planned U.S. manufacturing investments may benefit from this policy environment. Micron shares rise as White House pushes Apple away from Chinese memory chips
• Positive Sentiment: Bank of America reiterated a Buy rating and a $1,550 price target, arguing that concerns about a peak in the memory cycle are overblown and forecasting substantial long-term earnings growth. Analyst issues new Micron stock price target
• Neutral Sentiment: Micron’s recent quarterly results were exceptionally strong, with revenue up sharply year over year and earnings above consensus. However, the stock’s large advance has raised expectations and increased sensitivity to any signs of slowing demand or valuation concerns.
• Negative Sentiment: Higher Treasury yields are pressuring high-growth technology valuations and raising the financing cost of AI infrastructure. Investors also rotated out of heavily extended AI winners after Monday’s rally. AI chip stocks were riding high. Here’s why Micron and others are now pulling back
• Negative Sentiment: A report suggesting NVIDIA may use less memory in a future Rubin Ultra system raised concerns about the durability of Micron’s HBM growth. Separately, Appaloosa reportedly reduced its Micron position by 41% in the second quarter, adding to profit-taking concerns. Nvidia Is Cutting Rubin Ultra’s Memory

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.