180 Wealth Advisors LLC Acquires 99 Shares of Micron Technology, Inc. $MU

180 Wealth Advisors LLC increased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 1.9% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 5,235 shares of the semiconductor manufacturer’s stock after purchasing an additional 99 shares during the period. 180 Wealth Advisors LLC’s holdings in Micron Technology were worth $645,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Carnegie Investment Counsel bought a new stake in shares of Micron Technology during the 2nd quarter worth $326,000. Moser Wealth Advisors LLC lifted its position in shares of Micron Technology by 18.3% during the 2nd quarter. Moser Wealth Advisors LLC now owns 1,290 shares of the semiconductor manufacturer’s stock worth $159,000 after buying an additional 200 shares during the last quarter. Avion Wealth lifted its position in shares of Micron Technology by 17.0% during the 2nd quarter. Avion Wealth now owns 945 shares of the semiconductor manufacturer’s stock worth $116,000 after buying an additional 137 shares during the last quarter. KPP Advisory Services LLC lifted its position in shares of Micron Technology by 10.1% during the 2nd quarter. KPP Advisory Services LLC now owns 2,951 shares of the semiconductor manufacturer’s stock worth $364,000 after buying an additional 271 shares during the last quarter. Finally, Bleakley Financial Group LLC increased its holdings in Micron Technology by 8.5% in the 2nd quarter. Bleakley Financial Group LLC now owns 49,070 shares of the semiconductor manufacturer’s stock worth $6,048,000 after purchasing an additional 3,833 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on MU shares. Itau BBA Securities started coverage on Micron Technology in a report on Tuesday, October 7th. They issued an “outperform” rating and a $249.00 target price for the company. Mizuho upped their target price on Micron Technology from $195.00 to $240.00 and gave the stock an “outperform” rating in a report on Friday, October 17th. Morgan Stanley raised Micron Technology from an “equal weight” rating to an “overweight” rating and upped their target price for the stock from $160.00 to $220.00 in a report on Monday, October 6th. CLSA started coverage on Micron Technology in a report on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 target price for the company. Finally, Arete Research raised Micron Technology to a “strong-buy” rating in a report on Friday, July 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $200.64.

Micron Technology Price Performance

Shares of MU opened at $219.02 on Friday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $219.82. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.52 and a quick ratio of 1.79. The company has a market capitalization of $245.84 billion, a price-to-earnings ratio of 28.86, a price-to-earnings-growth ratio of 0.47 and a beta of 1.56. The business has a 50-day moving average of $159.43 and a 200-day moving average of $122.13.

Micron Technology (NASDAQ:MU) last released its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 EPS for the quarter, hitting the consensus estimate of $2.86. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The business had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.05 billion. During the same quarter last year, the firm posted $1.18 earnings per share. The firm’s revenue was up 46.1% on a year-over-year basis. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. As a group, equities research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, October 3rd. Micron Technology’s dividend payout ratio (DPR) is 6.06%.

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 19,761 shares of the firm’s stock in a transaction that occurred on Tuesday, October 21st. The stock was sold at an average price of $203.12, for a total value of $4,013,854.32. Following the transaction, the chief executive officer owned 469,078 shares in the company, valued at $95,279,123.36. This trade represents a 4.04% decrease in their ownership of the stock. 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 8,800 shares of the firm’s stock in a transaction that occurred on Monday, October 20th. The shares were sold at an average price of $210.02, for a total value of $1,848,176.00. Following the completion of the transaction, the chief accounting officer owned 40,237 shares in the company, valued at $8,450,574.74. This represents a 17.95% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 144,256 shares of company stock worth $25,564,625. 0.30% of the stock is currently owned by insiders.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.