Frazier Financial Advisors LLC Has $121,000 Holdings in Micron Technology, Inc. $MU

Frazier Financial Advisors LLC trimmed its holdings in Micron Technology, Inc. (NASDAQ:MU) by 36.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 983 shares of the semiconductor manufacturer’s stock after selling 556 shares during the period. Frazier Financial Advisors LLC’s holdings in Micron Technology were worth $121,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. HMS Capital Management LLC lifted its holdings in shares of Micron Technology by 0.6% in the second quarter. HMS Capital Management LLC now owns 19,271 shares of the semiconductor manufacturer’s stock valued at $2,375,000 after purchasing an additional 107 shares in the last quarter. D.B. Root & Company LLC increased its position in Micron Technology by 3.7% during the first quarter. D.B. Root & Company LLC now owns 3,018 shares of the semiconductor manufacturer’s stock worth $262,000 after buying an additional 108 shares during the last quarter. Werlinich Asset Management LLC increased its position in Micron Technology by 1.1% during the second quarter. Werlinich Asset Management LLC now owns 10,685 shares of the semiconductor manufacturer’s stock worth $1,317,000 after buying an additional 115 shares during the last quarter. Rise Advisors LLC increased its position in Micron Technology by 5.3% during the first quarter. Rise Advisors LLC now owns 2,373 shares of the semiconductor manufacturer’s stock worth $206,000 after buying an additional 120 shares during the last quarter. Finally, Orca Wealth Management LLC grew its position in shares of Micron Technology by 1.5% in the first quarter. Orca Wealth Management LLC now owns 8,485 shares of the semiconductor manufacturer’s stock valued at $737,000 after purchasing an additional 129 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Wedbush increased their price target on Micron Technology from $200.00 to $220.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 24th. Mizuho increased their price target on Micron Technology from $182.00 to $195.00 and gave the company an “outperform” rating in a research note on Wednesday, September 24th. UBS Group increased their price target on Micron Technology from $195.00 to $225.00 and gave the company a “buy” rating in a research note on Wednesday, October 8th. Wolfe Research increased their price target on Micron Technology from $160.00 to $180.00 and gave the company an “outperform” rating in a research note on Wednesday, September 17th. Finally, Rosenblatt Securities increased their price target on Micron Technology from $200.00 to $250.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Four analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average price target of $194.57.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $192.77 on Tuesday. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of $144.50 and a two-hundred day moving average price of $114.89. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $201.00. The company has a market cap of $216.38 billion, a P/E ratio of 25.40, a PEG ratio of 0.40 and a beta of 1.56.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.86. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The firm had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period last year, the business posted $1.18 EPS. The business’s revenue was up 46.1% compared to the same quarter last year. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd will be issued a $0.115 dividend. The ex-dividend date is Friday, October 3rd. This represents a $0.46 annualized dividend and a yield of 0.2%. Micron Technology’s dividend payout ratio is presently 6.06%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 21,563 shares of the firm’s stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $188.47, for a total value of $4,063,978.61. Following the completion of the sale, the chief executive officer owned 272,648 shares of the company’s stock, valued at approximately $51,385,968.56. This trade represents a 7.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total value of $2,460,600.00. Following the completion of the sale, the executive vice president directly owned 131,580 shares of the company’s stock, valued at $21,584,383.20. This trade represents a 10.23% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 146,956 shares of company stock valued at $22,841,025. Company insiders own 0.30% of the company’s stock.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.