EJMK Ventures LLC Grows Stake in Micron Technology, Inc. $MU

EJMK Ventures LLC raised its holdings in Micron Technology, Inc. (NASDAQ:MU) by 71.2% during the first quarter, Holdings Channel.com reports. The institutional investor owned 1,549 shares of the semiconductor manufacturer’s stock after buying an additional 644 shares during the quarter. EJMK Ventures LLC’s holdings in Micron Technology were worth $523,000 at the end of the most recent quarter.

Other hedge funds have also recently made changes to their positions in the company. High Note Wealth LLC lifted its stake in Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after acquiring an additional 34 shares during the period. Elevation Wealth Partners LLC increased its position in Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 71 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in Micron Technology during the 1st quarter valued at $27,000. Steigerwald Gordon & Koch Inc. raised its holdings in Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares in the last quarter. Finally, Bayban bought a new position in Micron Technology in the 4th quarter worth $29,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, CEO Sanjay Mehrotra sold 28,506 shares of Micron Technology stock in a transaction dated Friday, June 26th. The stock was sold at an average price of $1,149.28, for a total value of $32,761,375.68. Following the completion of the sale, the chief executive officer directly owned 355,997 shares in the company, valued at approximately $409,140,232.16. This trade represents a 7.41% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the sale, the executive vice president owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This represents a 9.68% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 146,000 shares of company stock valued at $117,926,445. Corporate insiders own 0.24% of the company’s stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron and General Motors announced a long-term strategic supply agreement for automotive memory and storage, reinforcing demand visibility and expanding Micron’s automotive footprint. Micron and General Motors Sign Strategic Agreement to Secure Supply and Accelerate Innovation
• Positive Sentiment: Several analysts remain bullish, citing continued memory shortages, strong AI-driven demand, and higher price targets after Micron’s blowout earnings and guidance. Micron Stock Gets Set to Go Higher as KeyBanc Analyst Predicts ‘Continued Strong Demand’ in 2026
• Positive Sentiment: Industry commentary continues to highlight tight AI memory supply and rising chip prices, which support Micron’s earnings power even after the stock’s strong run. Micron Stock Drops But Memory-Chip Prices Keep Rising
• Neutral Sentiment: Micron also announced a $250 million commitment to Trump Accounts, which may improve sentiment around the company’s U.S. investment story, but the move is politically mixed and not directly tied to operating results. Micron Announces $250 Million Investment in Trump Accounts Reaching 1 Million Children, Families and the Future Workforce
• Negative Sentiment: Micron is being hit by a broad semiconductor selloff as investors lock in profits after the sector’s record rally, weighing on MU alongside other memory names. Chip stocks that notched record rallies in second quarter start Q3 with a dud
• Negative Sentiment: A new class-action lawsuit targeting DRAM pricing is creating legal overhang for Micron and other memory-chip makers, adding uncertainty for investors. Samsung, SK Hynix, Micron sued over DRAM prices: what’s at stake
• Negative Sentiment: Some commentators and valuation-focused pieces are warning that Micron’s massive run may have gone too far, especially if the memory cycle cools or margins normalize. Micron Is Now Everyone Else’s Problem (Rating Downgrade)

Micron Technology Price Performance

Shares of NASDAQ MU opened at $1,032.28 on Thursday. The company has a 50 day simple moving average of $856.65 and a two-hundred day simple moving average of $544.62. Micron Technology, Inc. has a fifty-two week low of $103.38 and a fifty-two week high of $1,255.00. The company has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 23.37 and a beta of 2.13. 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 (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping 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 firm had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same period in the previous year, the firm posted $1.91 EPS. The business’s revenue for the quarter 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. Analysts expect that Micron Technology, Inc. will post 71.74 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is 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 1.36%.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on the stock. DA Davidson lifted their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. JPMorgan Chase & Co. increased their price target on shares of Micron Technology from $350.00 to $550.00 and gave the stock an “overweight” rating in a research note on Thursday, March 19th. UBS Group lifted their price objective on Micron Technology from $535.00 to $1,625.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Erste Group Bank upgraded Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Finally, Wedbush upped their target price on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $1,263.76.

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.