Micron Technology, Inc. $MU Holdings Lifted by ProShare Advisors LLC

ProShare Advisors LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 5.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,914,343 shares of the semiconductor manufacturer’s stock after acquiring an additional 92,871 shares during the quarter. ProShare Advisors LLC owned about 0.17% of Micron Technology worth $235,943,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. First Command Advisory Services Inc. boosted its holdings in Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 153 shares in the last quarter. AlphaQuest LLC lifted its position in shares of Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 265 shares during the last quarter. Hilltop National Bank bought a new stake in shares of Micron Technology during the 2nd quarter worth $37,000. Dogwood Wealth Management LLC grew its holdings in shares of Micron Technology by 259.6% in the 2nd quarter. Dogwood Wealth Management LLC now owns 356 shares of the semiconductor manufacturer’s stock worth $44,000 after acquiring an additional 257 shares during the last quarter. Finally, Solstein Capital LLC purchased a new stake in shares of Micron Technology during the second quarter valued at $45,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $237.92 on Monday. The business has a fifty day simple moving average of $181.33 and a 200 day simple moving average of $134.31. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $246.41. The firm has a market cap of $267.06 billion, a price-to-earnings ratio of 31.35, a P/E/G ratio of 0.51 and a beta of 1.62.

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

Micron Technology Dividend Announcement

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

Insider Buying and Selling at Micron Technology

In related news, CEO Sanjay Mehrotra sold 10,602 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.23, for a total value of $2,387,888.46. Following the completion of the sale, the chief executive officer directly owned 409,078 shares in the company, valued at approximately $92,136,637.94. The trade was a 2.53% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CFO Mark J. Murphy sold 126,000 shares of the stock in a transaction that occurred on Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the transaction, the chief financial officer owned 219,693 shares in the company, valued at approximately $49,499,029.83. This trade represents a 36.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 397,256 shares of company stock worth $82,321,039 in the last 90 days. 0.30% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have commented on the stock. New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th. Morgan Stanley upgraded shares of Micron Technology from an “equal weight” rating to an “overweight” rating and boosted their price target for the company from $160.00 to $220.00 in a report on Monday, October 6th. Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, August 19th. Stifel Nicolaus boosted their target price on shares of Micron Technology from $173.00 to $195.00 and gave the company a “buy” rating in a research note on Monday, September 22nd. Finally, UBS Group raised their target price on Micron Technology from $225.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Five analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus price target of $205.64.

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.