Carolina Wealth Advisors LLC Has $2.02 Million Position in Micron Technology, Inc. $MU

Carolina Wealth Advisors LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 1,978.6% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,746 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,662 shares during the period. Carolina Wealth Advisors LLC’s holdings in Micron Technology were worth $2,015,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in MU. Brighton Jones LLC raised its position in shares of Micron Technology by 18.3% in the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after purchasing an additional 976 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after buying an additional 628 shares during the period. United Bank acquired a new position in Micron Technology in the 2nd quarter valued at about $236,000. Schnieders Capital Management LLC. grew its stake in Micron Technology by 67.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after buying an additional 6,867 shares during the last quarter. Finally, Sei Investments Co. raised its holdings in Micron Technology by 5.6% in the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $49,987,000 after acquiring an additional 21,619 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $861.00 on Tuesday. The company has a market cap of $972.40 billion, a price-to-earnings ratio of 19.49 and a beta of 2.19. Micron Technology, Inc. has a fifty-two week low of $113.46 and a fifty-two week high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The stock has a fifty day moving average price of $971.54 and a 200-day moving average price of $664.13.

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 company had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter last year, the business earned $1.91 earnings per share. 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, equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were given a dividend of $0.15 per share. 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 currently 1.36%.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on MU shares. DA Davidson boosted their price objective on Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. ThinkEquity restated a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Barclays upped their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. KeyCorp reissued an “overweight” rating on shares of Micron Technology in a research report on Monday, July 20th. Finally, Royal Bank Of Canada upped their price target 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. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $1,260.31.

Insider Activity

In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the firm’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the sale, the director owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares in the company, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 162,179 shares of company stock worth $167,811,861. Insiders own 0.24% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: HBM supply remains exceptionally tight. UBS said Nvidia may have reduced planned HBM4E content in its upcoming VR300 GPU because of constrained availability. The shortage could strengthen Micron’s pricing power and support a “structural reset” higher in earnings potential. Micron poised for structural reset in earnings power
• Positive Sentiment: Fundamentals and long-term demand remain strong. Recent coverage highlights Micron’s $41.46 billion in quarterly revenue and $25.11 in EPS, while strategic customer agreements could secure a significant portion of future DRAM and NAND volumes. Automotive agreements and continued AI infrastructure spending may also reduce the company’s historical earnings cyclicality. Micron Could Reclaim Its Previous Highs
• Positive Sentiment: Analyst and investor attention is focused on the KeyBanc technology forum. Micron executives’ presentation could provide updated commentary on demand, supply, pricing and guidance, with some retail investors positioning for a possible outlook increase. MU Outpaced SNDK WDC This Week

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.