Wellington Grp LLC Has $1.74 Million Stock Holdings in Micron Technology, Inc. $MU

Wellington Grp LLC increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 48.3% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 5,147 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,676 shares during the quarter. Micron Technology comprises 0.5% of Wellington Grp LLC’s investment portfolio, making the stock its 29th biggest position. Wellington Grp LLC’s holdings in Micron Technology were worth $1,739,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of MU. Heritage Trust Co raised its stake in Micron Technology by 9.7% in the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock worth $4,289,000 after purchasing an additional 1,323 shares in the last quarter. Castleark Management LLC bought a new stake in Micron Technology in the 1st quarter valued at about $3,709,000. Financial Synergies Wealth Advisors Inc. acquired a new position in shares of Micron Technology during the 4th quarter worth approximately $1,316,000. PKO BP BANKOWY Universal Pension Society JSC bought a new position in shares of Micron Technology during the fourth quarter worth approximately $61,306,000. Finally, Dara Capital US Inc. bought a new position in shares of Micron Technology during the fourth quarter worth approximately $2,926,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. TD Cowen reiterated a “buy” rating on shares of Micron Technology in a research report on Friday, July 10th. Melius Research started coverage on Micron Technology in a research report on Monday, April 27th. They set a “buy” rating and a $700.00 price target on the stock. Wedbush raised their price objective on 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. Royal Bank Of Canada lifted their price objective on Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Finally, Susquehanna upped their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a research report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $1,268.93.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $823.03 on Friday. The firm has a 50 day moving average of $976.92 and a 200-day moving average of $639.97. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The stock has a market capitalization of $929.52 billion, a PE ratio of 18.63 and a beta of 2.14.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) 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 business had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same period last year, the firm posted $1.91 earnings per share. The firm’s quarterly 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 research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 1.36%.

Insider Buying and Selling

In related news, Director Lynn A. Dugle sold 1,300 shares of the company’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the sale, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 164,179 shares of company stock worth $169,385,921. 0.24% of the stock is owned by company insiders.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Memory shortage outlook remains supportive: Apple CEO Tim Cook said memory costs rose significantly in the latest quarter and are likely to remain elevated, while Samsung indicated supply constraints could persist through 2028. These comments reinforce expectations for strong pricing and demand for Micron’s DRAM and high-bandwidth memory products. Why Micron Stock Is Rising on What Apple’s Tim Cook Didn’t Say
• Positive Sentiment: Sector fund flows and AI spending provide support: Semiconductor ETFs attracted substantial new money this week as investors responded to strong technology earnings. Separate analyst commentary continues to point to more than $750 billion in planned 2026 Big Tech AI spending, supporting long-term demand for Micron’s AI memory products. Semiconductor ETFs Draw Cash This Week as Chip Stocks Rally
• Positive Sentiment: Fundamentals and valuation remain bullish arguments: Micron recently reported much better-than-expected quarterly earnings and revenue, with revenue up more than 345% year over year. Analysts cited strong free cash flow, strategic customer agreements and AI-driven demand, with reported price targets substantially above the current trading level.
• Neutral Sentiment: Technical trading is highly volatile: MU rebounded from a key support area and generated a bullish trading signal, but significant overhead resistance remains. Large intraday swings and elevated options activity are making short-term direction difficult to predict. Micron stock rebounds off key support, but technical overhead persists
• Negative Sentiment: Near-term selling pressure weighs on the shares: Reports attributed the latest weakness to semiconductor-sector profit-taking, leveraged-fund liquidations and updated short positions. A prominent bearish investor, Michael Burry, also disclosed expanded bets against Micron and other chip stocks, adding to negative sentiment. Why Is Micron Stock Falling on Friday?
• Negative Sentiment: Insider selling is another overhang: Recent disclosures show extensive sales by Micron executives, including CEO Sanjay Mehrotra, with no reported insider purchases in the cited six-month period. While these transactions may be scheduled, investors may interpret them as a short-term confidence signal.

Micron Technology Company 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.