Micron Technology, Inc. $MU Shares Bought by Eagle Wealth Advisors LLC

Eagle Wealth Advisors LLC grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 19.8% in the 2nd quarter, Holdings Channel reports. The firm owned 3,580 shares of the semiconductor manufacturer’s stock after acquiring an additional 591 shares during the quarter. Micron Technology comprises approximately 3.2% of Eagle Wealth Advisors LLC’s holdings, making the stock its 9th biggest position. Eagle Wealth Advisors LLC’s holdings in Micron Technology were worth $4,132,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in MU. Brighton Jones LLC boosted its position in Micron Technology by 18.3% during the 4th 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 increased its position in Micron Technology by 21.7% in the second 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 stake in Micron Technology in the second quarter worth $236,000. Schnieders Capital Management LLC. lifted its stake in Micron Technology by 67.9% in the second 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. lifted its stake in Micron Technology by 5.6% in the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $49,987,000 after buying an additional 21,619 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Trading Up 4.2%

Micron Technology stock opened at $949.83 on Friday. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The stock has a market capitalization of $1.07 trillion, a PE ratio of 21.50 and a beta of 2.18. The firm has a 50 day simple moving average of $963.34 and a 200-day simple moving average of $675.00.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm’s quarterly revenue was up 345.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s payout ratio is currently 1.36%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: AI demand is the primary catalyst. Investors continue to expect robust demand for Micron’s high-bandwidth memory (HBM) products as hyperscalers expand AI infrastructure. Analysts and fund managers describe Micron as a major beneficiary of the AI buildout, with HBM capacity reportedly committed well into 2027. Micron Stock Extends Winning Streak on Strong AI Memory Demand
• Positive Sentiment: Sector-wide memory strength lifted MU. Strong results and outlooks from AI infrastructure companies CoreWeave and Super Micro Computer reinforced expectations that technology companies will keep increasing capital spending. Micron rallied alongside SanDisk, SK Hynix and other memory stocks as investors anticipated tight supply and firm pricing. Why are Micron, SK Hynix stocks rallying today after CoreWeave, Super Micro earnings?
• Positive Sentiment: Micron launched a $250 million AI investment fund. The Micron Ventures Paradigm Fund will invest across the AI technology stack, potentially expanding Micron’s relationships with emerging companies and helping the company identify future technology and customer opportunities. Micron Ventures Launches $250 Million Fund to Invest in the Next Generation of AI
• Neutral Sentiment: Macro conditions improved sentiment. A record S&P 500 close and calmer producer-price data reduced fears of additional Federal Reserve tightening, supporting high-growth technology valuations and the semiconductor group broadly. S&P 500 Notches Record-High Close as Rate-Hike Worries Ease
• Negative Sentiment: Chinese competition is a growing concern. Yangtze Memory Technologies reportedly overtook Micron in second-quarter NAND shipments, reaching roughly 14% of global shipments. While Micron remains stronger in revenue and AI-focused memory, increased NAND competition could pressure pricing and market share. Micron Stock Falls as It Faces a Fresh Chinese Memory-Chip Threat
• Negative Sentiment: Legal and cyclical risks remain. Netlist has filed additional patent-infringement proceedings against Micron, while some analysts warn that rising supply, potentially weaker average selling prices and the cyclical nature of memory markets could challenge elevated earnings expectations. Micron Technology Faces New Legal Action Over Alleged Infringement of Netlist Patents

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 31,285 shares of Micron Technology stock in a transaction dated Friday, July 24th. The stock was sold at an average price of $926.83, for a total transaction of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares of the company’s stock, valued at $290,299,838.94. The trade was a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction dated 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 owned 17,728 shares in the company, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 162,179 shares of company stock worth $167,811,861 over the last 90 days. 0.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have recently commented on the stock. Raymond James Financial upped their price target on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Wedbush lifted their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Cantor Fitzgerald reissued an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. The Goldman Sachs Group upped their target price on shares of Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Finally, Needham & Company LLC raised their price target on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and a consensus price target of $1,260.31.

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.