Micron Technology, Inc. $MU Shares Sold by Pathway Wealth Management LLC

Pathway Wealth Management LLC lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 16.4% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,905 shares of the semiconductor manufacturer’s stock after selling 960 shares during the period. Micron Technology accounts for about 1.6% of Pathway Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Pathway Wealth Management LLC’s holdings in Micron Technology were worth $1,657,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. E20 Capital Ltd increased its position in Micron Technology by 141.5% in the 1st quarter. E20 Capital Ltd now owns 132,087 shares of the semiconductor manufacturer’s stock valued at $44,624,000 after acquiring an additional 77,398 shares during the period. Norris Financial Group LLC acquired a new position in Micron Technology during the 1st quarter worth $4,064,000. Western Wealth Management LLC boosted its position in Micron Technology by 66.0% during the 1st quarter. Western Wealth Management LLC now owns 5,206 shares of the semiconductor manufacturer’s stock worth $1,759,000 after acquiring an additional 2,070 shares during the period. McIlrath & Eck LLC grew its stake in shares of Micron Technology by 174.9% in the first quarter. McIlrath & Eck LLC now owns 1,886 shares of the semiconductor manufacturer’s stock worth $637,000 after purchasing an additional 1,200 shares in the last quarter. Finally, Silicon Valley Capital Partners grew its stake in shares of Micron Technology by 7.2% in the first quarter. Silicon Valley Capital Partners now owns 6,578 shares of the semiconductor manufacturer’s stock worth $2,222,000 after purchasing an additional 440 shares in the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology Price Performance

NASDAQ:MU opened at $874.66 on Friday. The business’s 50-day moving average price is $975.48 and its 200 day moving average price is $638.68. The firm has a market cap of $987.83 billion, a P/E ratio of 19.80 and a beta of 2.14. Micron Technology, Inc. has a 52-week low of $103.38 and a 52-week high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, sell-side analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Raymond James Financial lifted their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Wolfe Research set a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. Royal Bank Of Canada raised their target price on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Wells Fargo & Company boosted their price target on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Finally, Wedbush upped their price target on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $1,268.93.

More Micron Technology News

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

• Positive Sentiment: Samsung Electronics reported an approximately 1,814% jump in operating profit and said memory shortages could persist through 2028. The outlook supports expectations for sustained demand, tight supply and firm pricing for Micron’s DRAM and high-bandwidth memory products. Micron Stock Is Surging. Why a Samsung Warning Is Sparking a Memory Rebound
• Positive Sentiment: Strong Microsoft and Lam Research results helped revive confidence in AI-related capital spending. The broader chip-sector rebound lifted Micron and other memory manufacturers after their recent selloff. Chip stocks rip higher, with Lam Research up 20% and Micron, AMD booming
• Positive Sentiment: Micron disclosed multiyear strategic customer agreements with Qualcomm, DENSO, Hyundai Mobis and other automotive suppliers for AI-enabled vehicles. These contracts improve visibility into future memory demand and may strengthen Micron’s competitive position in automotive AI. Are Micron’s New Auto AI Deals Quietly Redefining Its Competitive Moat?
• Positive Sentiment: Investors and analysts continue to point to Micron’s strong fundamentals, including recent revenue growth of 345.8%, an earnings beat, approximately $100 billion in strategic agreements and bullish price targets. Micron: Buy Low, Sell High
• Neutral Sentiment: CEO Sanjay Mehrotra sold roughly $37.3 million of MU shares, while Chief Accounting Officer Scott Allen also sold stock. The transactions attracted attention after the recent decline, although Mehrotra retained a substantial position and insider sales can reflect diversification or scheduled transactions. Micron’s CEO Sanjay Mehrotra Cashed Out $37 Million
• Negative Sentiment: Competition concerns remain after China’s ChangXin Memory Technologies completed a blockbuster IPO, raising fears of future DRAM supply growth and pricing pressure. Recent volatility and elevated AI valuations also remain risks.

Insider Buying and Selling at Micron Technology

In related news, CEO Sanjay Mehrotra sold 31,285 shares of the firm’s stock in a transaction that occurred on Friday, July 24th. The shares were sold at an average price of $926.83, for a total transaction of $28,995,876.55. Following the completion of the sale, the chief executive officer directly owned 313,218 shares in the company, valued at approximately $290,299,838.94. This trade represents a 9.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the transaction, the director owned 17,139 shares in the company, valued at approximately $13,488,907.17. This trade represents a 10.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 164,179 shares of company stock valued at $169,385,921. Corporate insiders own 0.24% of the company’s stock.

Micron Technology 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.