LM Advisors LLC Acquires Shares of 991 Micron Technology, Inc. $MU

LM Advisors LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 991 shares of the semiconductor manufacturer’s stock, valued at approximately $1,144,000.

A number of other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in shares of Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after buying an additional 976 shares during the last quarter. Sivia Capital Partners LLC increased its stake in shares of Micron Technology by 21.7% during the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after buying an additional 628 shares during the period. United Bank bought a new position in shares of Micron Technology during the second quarter valued at approximately $236,000. Schnieders Capital Management LLC. raised its holdings in shares of Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after acquiring an additional 6,867 shares in 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 worth $49,987,000 after acquiring an additional 21,619 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the sale, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. The trade was a 7.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the director directly owned 17,728 shares in the company, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 177,204 shares of company stock valued at $182,156,264. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on MU. Citigroup cut their price target on shares of Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating on the stock in a report on Friday, August 7th. Wedbush upped their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a research report on Friday, August 14th. Barclays lifted their target price on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Finally, Stifel Nicolaus boosted their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Four research 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 stock. Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $1,295.63.

Micron Technology News Summary

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

• Positive Sentiment: AI-related demand remains the primary catalyst. High-bandwidth memory (HBM) used with AI processors is in short supply, and Micron’s HBM4 capacity is reportedly sold out through 2026 under long-term customer agreements. Rising DRAM and NAND contract prices could further improve pricing power and margins. Can Micron Stock Break Out as DRAM and NAND Contract Rates Spike Over 50?
• Positive Sentiment: Industry analysts argue that AI infrastructure spending is consuming wafer capacity faster than new supply can be added, potentially extending the memory shortage through 2027. This supports bullish forecasts despite Micron’s substantial rally and recent pullback from its high. ETFs to Watch as Memory-Chip Scarcity Could Extend Through 2027
• Positive Sentiment: Netlist lost its patent-infringement appeal against Micron, reducing a potential legal overhang. Netlist Loses Patent Infringement Appeal Against Micron
• Neutral Sentiment: Appaloosa Management, led by David Tepper, reduced its Micron position by 41.4% in the second quarter while adding Taiwan Semiconductor shares for a sixth straight quarter. The filing gives no explanation, so the move may reflect portfolio allocation rather than a change in Micron’s fundamentals. David Tepper Cut Micron Position
• Negative Sentiment: Labor uncertainty remains a risk after unions representing much of Micron’s Taiwan workforce threatened a strike over bonuses and profit sharing. Reports that Micron may offer record bonuses could avert a walkout, but would increase costs. Micron Taiwan Unions Threaten Strike
• Negative Sentiment: China’s CXMT is advancing domestic HBM and LPDDR6 production, raising longer-term competition and geopolitical risks. Nvidia’s planned investment in additional supply and capacity also suggests today’s extreme memory pricing may eventually attract more industry supply.

Micron Technology Price Performance

MU opened at $956.08 on Thursday. The stock has a fifty day simple moving average of $942.57 and a two-hundred day simple moving average of $728.67. 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 company has a market cap of $1.08 trillion, a price-to-earnings ratio of 21.65, a price-to-earnings-growth ratio of 0.59 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $117.29 and a 12-month high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating 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 analyst estimates of $35.91 billion. During the same quarter last year, the firm posted $1.91 earnings per share. The company’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

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.