IPG Investment Advisors LLC Sells 4,882 Shares of Micron Technology, Inc. $MU

IPG Investment Advisors LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 23.4% during the second quarter, HoldingsChannel reports. The firm owned 15,989 shares of the semiconductor manufacturer’s stock after selling 4,882 shares during the quarter. Micron Technology comprises 2.7% of IPG Investment Advisors LLC’s portfolio, making the stock its 6th largest holding. IPG Investment Advisors LLC’s holdings in Micron Technology were worth $18,456,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. MCF Advisors LLC grew its position in shares of Micron Technology by 82.3% in the 2nd quarter. MCF Advisors LLC now owns 2,838 shares of the semiconductor manufacturer’s stock valued at $3,276,000 after purchasing an additional 1,281 shares during the period. Arlington Capital Management Inc. acquired a new stake in Micron Technology during the 2nd quarter worth approximately $276,000. Gemmer Asset Management LLC lifted its stake in Micron Technology by 0.3% in the second quarter. Gemmer Asset Management LLC now owns 86,773 shares of the semiconductor manufacturer’s stock valued at $100,161,000 after buying an additional 219 shares in the last quarter. National Pension Service lifted its stake in Micron Technology by 0.4% in the second quarter. National Pension Service now owns 2,886,160 shares of the semiconductor manufacturer’s stock valued at $3,331,466,000 after buying an additional 10,108 shares in the last quarter. Finally, Cidel Asset Management Inc. boosted its holdings in shares of Micron Technology by 4.0% in the second quarter. Cidel Asset Management Inc. now owns 20,468 shares of the semiconductor manufacturer’s stock valued at $23,626,000 after buying an additional 778 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Buying and Selling

In related news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction dated 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 owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the sale, the chief executive officer owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 177,204 shares of company stock worth $182,156,264 over the last three months. Company insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

Shares of MU stock opened at $927.60 on Wednesday. Micron Technology, Inc. has a 12 month low of $154.65 and a 12 month high of $1,255.00. The company’s fifty day simple moving average is $928.01 and its 200-day simple moving average is $764.35. The firm has a market cap of $1.05 trillion, a PE ratio of 21.00, a P/E/G ratio of 0.58 and a beta of 2.22. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. 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 firm earned $1.91 earnings per share. The firm’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. Equities research analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a $0.15 dividend. 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 presently 1.36%.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron demonstrated what it describes as the world’s first 512GB DDR5 RDIMM across multiple server platforms. The module reaches speeds of up to 9,200 MT/s and uses more than 60% less operating power than four 128GB modules, strengthening Micron’s position in data-center memory and AI infrastructure. Micron ultra-dense memory module announcement
• Positive Sentiment: Strong AI-related memory demand remains the core bullish argument. Analysts and industry commentary point to tight DRAM supply, high-bandwidth memory demand, planned capacity expansion and potentially extended shortages, supporting Micron’s revenue and pricing outlook. Micron AI memory cycle analysis
• Positive Sentiment: Micron appointed semiconductor veteran Deirdre Hanford to lead Micron Research Labs. The facility is backed by a planned $10 billion, decade-long investment focused on memory, compute architectures, advanced packaging and manufacturing, potentially supporting longer-term technology leadership. Micron Research Labs leadership announcement
• Neutral Sentiment: Commentary remains bullish, with some analysts and Jim Cramer supporting substantially higher price targets. However, these opinions are not new company guidance and depend on continued AI spending, strong memory pricing and successful execution. Jim Cramer Micron thesis
• Negative Sentiment: A Taiwan union representing Micron workers is keeping strike preparations alive while demanding a permanent profit-sharing arrangement. A labor disruption at a major manufacturing hub could create production delays, higher costs or additional uncertainty during a supply-constrained period. Reuters report on Micron Taiwan labor dispute
• Negative Sentiment: Recent warnings from AI leaders calling for slower development triggered a broader technology selloff and renewed questions about future hyperscaler spending. Although infrastructure demand may remain intact, any reduction in AI capital expenditures would threaten Micron’s high-growth memory outlook and elevated valuation. AI concerns affecting semiconductor stocks

Wall Street Analyst Weigh In

MU has been the subject of several research reports. Susquehanna increased their price objective on shares of Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a research report on Thursday, June 25th. Barclays upped their target price on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Bank of America increased their target price on Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. BMO Capital Markets started coverage on Micron Technology in a research note on Friday, August 21st. They issued an “outperform” rating and a $1,300.00 price target on the stock. Finally, Wedbush boosted their price target on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and an average target price of $1,295.63.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.