Micron Technology, Inc. $MU Shares Sold by Integrity Alliance LLC.

Integrity Alliance LLC. reduced its position in Micron Technology, Inc. (NASDAQ:MU) by 34.5% in the 2nd quarter, HoldingsChannel.com reports. The firm owned 13,697 shares of the semiconductor manufacturer’s stock after selling 7,204 shares during the quarter. Integrity Alliance LLC.’s holdings in Micron Technology were worth $1,688,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in MU. First Command Advisory Services Inc. lifted its stake in shares of Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares during the period. AlphaQuest LLC lifted its stake in shares of Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after purchasing an additional 265 shares during the period. AllSquare Wealth Management LLC lifted its stake in shares of Micron Technology by 100.0% in the 1st quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer’s stock valued at $35,000 after purchasing an additional 200 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new position in shares of Micron Technology in the 1st quarter valued at $36,000. Finally, Hilltop National Bank acquired a new position in shares of Micron Technology in the 2nd quarter valued at $37,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Price Performance

Micron Technology stock opened at $223.77 on Friday. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $232.40. The firm has a market capitalization of $251.18 billion, a price-to-earnings ratio of 29.48, a PEG ratio of 0.51 and a beta of 1.56. The company has a fifty day simple moving average of $169.83 and a 200-day simple moving average of $127.73. The company has a quick ratio of 1.79, a current ratio of 2.52 and a debt-to-equity ratio of 0.26.

Micron Technology (NASDAQ:MU) last released its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $2.86. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The business had revenue of $11.32 billion during the quarter, compared to analyst estimates of $11.05 billion. During the same quarter in the prior year, the firm earned $1.18 earnings per share. The company’s revenue for the quarter 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. On average, equities analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, October 21st. Stockholders of record on Friday, October 3rd were issued a dividend of $0.115 per share. The ex-dividend date of this dividend was Friday, October 3rd. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio is presently 6.06%.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Erste Group Bank assumed coverage on shares of Micron Technology in a research note on Thursday, August 14th. They issued a “buy” rating for the company. Mizuho boosted their price target on shares of Micron Technology from $240.00 to $265.00 and gave the stock an “outperform” rating in a report on Tuesday. CLSA started coverage on shares of Micron Technology in a report on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 price target for the company. BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target for the company in a report on Monday, October 13th. Finally, Arete Research raised shares of Micron Technology to a “strong-buy” rating in a report on Friday, July 18th. Five research analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Buy” and an average price target of $202.79.

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 10,602 shares of the company’s stock in a transaction on Thursday, October 30th. The shares were sold at an average price of $225.23, for a total transaction of $2,387,888.46. Following the completion of the sale, the chief executive officer owned 409,078 shares of the company’s stock, valued at $92,136,637.94. This represents a 2.53% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Scott R. Allen sold 8,800 shares of the company’s stock in a transaction on Monday, October 20th. The stock was sold at an average price of $210.02, for a total transaction of $1,848,176.00. Following the sale, the chief accounting officer directly owned 40,237 shares of the company’s stock, valued at $8,450,574.74. The trade was a 17.95% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 271,256 shares of company stock valued at $53,931,979 over the last 90 days. 0.30% of the stock is currently owned by corporate insiders.

About Micron Technology

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.