HHM Wealth Advisors LLC Cuts Stock Holdings in Micron Technology, Inc. $MU

HHM Wealth Advisors LLC lowered its holdings in Micron Technology, Inc. (NASDAQ:MU) by 44.2% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 1,579 shares of the semiconductor manufacturer’s stock after selling 1,253 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Micron Technology were worth $1,823,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the business. High Note Wealth LLC lifted its holdings in Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Micron Technology in the 1st quarter valued at $27,000. Bayban purchased a new position in shares of Micron Technology in the 4th quarter valued at $29,000. GHP Investment Advisors Inc. raised its position in shares of Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 52 shares in the last quarter. Finally, Joseph Group Capital Management bought a new position in shares of Micron Technology in the 4th quarter worth $31,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology News Summary

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 Activity at Micron Technology

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the sale, the executive vice president owned 85,737 shares of the company’s stock, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Lynn A. Dugle sold 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the transaction, the director owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 162,179 shares of company stock valued at $167,811,861 over the last 90 days. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 4.2%

Shares of NASDAQ:MU opened at $949.83 on Friday. The business’s 50-day moving average is $963.34 and its 200 day moving average is $675.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 1 year low of $113.46 and a 1 year high of $1,255.00. The firm has a market capitalization of $1.07 trillion, a P/E ratio of 21.50 and a beta of 2.18.

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, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter last year, the company earned $1.91 earnings per share. The company’s quarterly 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. On average, research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors 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 dividend on an annualized basis and a 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 recently weighed in on the company. Morgan Stanley raised their price objective on Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. TD Cowen reissued a “buy” rating on shares of Micron Technology in a research report on Friday, July 10th. Wells Fargo & Company increased their price target on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Deutsche Bank Aktiengesellschaft raised their price target on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Finally, Rosenblatt Securities boosted their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock 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 given a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $1,260.31.

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.