Integrated Advisors Network LLC Has $4.84 Million Stock Position in Micron Technology, Inc. $MU

Integrated Advisors Network LLC grew its holdings in shares of Micron Technology, Inc. (NASDAQ:MUFree Report) by 8.6% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 28,929 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,294 shares during the period. Integrated Advisors Network LLC’s holdings in Micron Technology were worth $4,840,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. DNB Asset Management AS increased its holdings in Micron Technology by 3.7% in the third quarter. DNB Asset Management AS now owns 314,601 shares of the semiconductor manufacturer’s stock valued at $52,639,000 after purchasing an additional 11,133 shares during the period. Hohimer Wealth Management LLC lifted its holdings in Micron Technology by 12.2% during the 3rd quarter. Hohimer Wealth Management LLC now owns 28,226 shares of the semiconductor manufacturer’s stock worth $4,723,000 after buying an additional 3,074 shares during the period. Choreo LLC grew its position in shares of Micron Technology by 4.8% in the 3rd quarter. Choreo LLC now owns 26,481 shares of the semiconductor manufacturer’s stock valued at $4,431,000 after buying an additional 1,213 shares during the last quarter. Mesirow Financial Investment Management Inc. grew its position in shares of Micron Technology by 3.8% in the 3rd quarter. Mesirow Financial Investment Management Inc. now owns 6,063 shares of the semiconductor manufacturer’s stock valued at $1,014,000 after buying an additional 223 shares during the last quarter. Finally, Westpac Banking Corp increased its stake in shares of Micron Technology by 251.0% in the third quarter. Westpac Banking Corp now owns 23,086 shares of the semiconductor manufacturer’s stock valued at $3,863,000 after buying an additional 16,509 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

A number of research firms recently commented on MU. Wolfe Research lifted their price objective on Micron Technology from $300.00 to $350.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Wedbush set a $320.00 price target on shares of Micron Technology in a report on Thursday, December 18th. Wall Street Zen raised shares of Micron Technology from a “buy” rating to a “strong-buy” rating in a research note on Sunday, November 23rd. Raymond James Financial increased their price objective on shares of Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Bank of America boosted their target price on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Micron Technology currently has an average rating of “Buy” and an average target price of $358.38.

Read Our Latest Analysis on MU

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CAO Scott R. Allen sold 2,000 shares of the company’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the transaction, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. This represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Teyin M. Liu acquired 7,820 shares of Micron Technology stock in a transaction dated Wednesday, January 14th. The shares were acquired at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the acquisition, the director directly owned 25,910 shares of the company’s stock, valued at approximately $8,744,625. The trade was a 43.23% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 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:

Micron Technology Stock Performance

Shares of MU opened at $412.37 on Friday. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $455.50. The company has a market cap of $464.13 billion, a PE ratio of 39.20 and a beta of 1.52. The stock has a 50-day moving average of $369.00 and a 200-day moving average of $252.27. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MUGet Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same quarter last year, the firm posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s payout ratio is 4.37%.

Micron Technology Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

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