Quantum Portfolio Management LLC Purchases 1,955 Shares of Micron Technology, Inc. $MU

Quantum Portfolio Management LLC lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 60.6% in the first quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,179 shares of the semiconductor manufacturer’s stock after buying an additional 1,955 shares during the quarter. Quantum Portfolio Management LLC’s holdings in Micron Technology were worth $1,750,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Heritage Trust Co lifted its holdings in shares of Micron Technology by 9.7% during the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock worth $4,289,000 after acquiring an additional 1,323 shares during the period. Wellington Management Group LLP increased its stake in Micron Technology by 19.9% in the third quarter. Wellington Management Group LLP now owns 7,150,530 shares of the semiconductor manufacturer’s stock valued at $1,196,427,000 after acquiring an additional 1,188,296 shares during the last quarter. Fulton Bank N.A. increased its stake in Micron Technology by 79.1% in the fourth quarter. Fulton Bank N.A. now owns 16,183 shares of the semiconductor manufacturer’s stock valued at $4,619,000 after acquiring an additional 7,147 shares during the last quarter. Financial Synergies Wealth Advisors Inc. acquired a new position in Micron Technology during the fourth quarter valued at approximately $1,316,000. Finally, PKO BP BANKOWY Universal Pension Society JSC acquired a new position in Micron Technology during the fourth quarter valued at approximately $61,306,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Performance

NASDAQ MU opened at $948.80 on Thursday. The firm’s fifty day moving average price is $904.31 and its two-hundred day moving average price is $570.24. The stock has a market cap of $1.07 trillion, a PE ratio of 21.48 and a beta of 2.14. 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 fifty-two week low of $103.38 and a fifty-two week high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to analysts’ expectations of $35.91 billion. During the same period in the prior year, the company earned $1.91 EPS. 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. On average, equities analysts expect that Micron Technology, Inc. will post 72.94 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th will be given a $0.15 dividend. The ex-dividend date is Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 1.36%.

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the sale, the chief executive officer directly owned 424,503 shares of the company’s stock, valued at approximately $227,643,978.78. This trade represents a 8.61% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction dated Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 187,300 shares of company stock valued at $162,779,604. 0.24% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron’s record earnings, strong AI memory demand, and upbeat guidance continue to support the long-term growth story. Zacks: Micron Stock Drops 10% After Earnings – Is This a Buying Opportunity?
• Positive Sentiment: Micron landed a long-term supply deal with Ford, improving revenue visibility and reinforcing demand for its automotive memory products. TheStreet: Micron’s Ford deal shows automakers racing to outbid AI for chips
• Positive Sentiment: Some analysts remain bullish, arguing the recent selloff has made Micron more attractive and that AI demand still supports the chip cycle. Benzinga: Micron, Broadcom Just Got 25% Cheaper
• Neutral Sentiment: The stock is moving with the broader memory-chip trade, so sector volatility is amplifying MU’s swings more than company-specific fundamentals are changing. MarketWatch: Micron’s stock falls as investors wonder if the memory market is near the top
• Neutral Sentiment: Some coverage highlights insider selling and bear-market technical damage, which may keep sentiment cautious in the near term. InsiderTrades: Micron Technology EVP April Arnzen Sells 40,000 Shares

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. JPMorgan Chase & Co. raised their target price on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Morgan Stanley boosted their price target on Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Erste Group Bank upgraded Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Stifel Nicolaus raised their price objective on Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Finally, Barclays lifted their target price on 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. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Buy” and an average price target of $1,263.76.

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.