Micron Technology, Inc. $MU Shares Sold by Y.D. More Investments Ltd

Y.D. More Investments Ltd trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 5.2% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 10,495 shares of the semiconductor manufacturer’s stock after selling 578 shares during the quarter. Y.D. More Investments Ltd’s holdings in Micron Technology were worth $1,294,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of MU. First Command Advisory Services Inc. increased its position in shares of Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 153 shares during the last quarter. AlphaQuest LLC boosted its position in shares of Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 265 shares during the period. AllSquare Wealth Management LLC increased its holdings in 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 last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Micron Technology in the 1st quarter valued at approximately $36,000. Finally, Hilltop National Bank purchased a new stake in Micron Technology in the second quarter valued at approximately $37,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Trading Up 4.2%

NASDAQ:MU opened at $246.83 on Friday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $257.07. The stock has a market cap of $277.06 billion, a P/E ratio of 32.52, a P/E/G ratio of 0.51 and a beta of 1.62. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. The stock has a 50-day simple moving average of $193.55 and a 200-day simple moving average of $139.74.

Micron Technology (NASDAQ:MU) last posted its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share for the quarter, topping the consensus estimate of $2.86 by $0.17. The firm had revenue of $11.32 billion during the quarter, compared to analysts’ expectations of $11.05 billion. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The firm’s revenue was up 46.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.18 earnings per share. 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 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, October 21st. Investors of record on Friday, October 3rd were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Friday, October 3rd. Micron Technology’s dividend payout ratio (DPR) is 6.06%.

Insider Activity at Micron Technology

In related news, CAO Scott R. Allen sold 8,800 shares of the business’s stock in a transaction on Monday, October 20th. The shares were sold at an average price of $210.02, for a total value of $1,848,176.00. Following the completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Scott J. Deboer sold 82,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $222.81, for a total value of $18,270,420.00. Following the transaction, the executive vice president directly owned 154,145 shares in the company, valued at approximately $34,345,047.45. The trade was a 34.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 409,756 shares of company stock valued at $85,308,033 over the last quarter. 0.30% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have recently commented on the company. BNP Paribas Exane upgraded Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target for the company in a research report on Monday, October 13th. Stifel Nicolaus increased their target price on Micron Technology from $173.00 to $195.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. Barclays lifted their target price on Micron Technology from $195.00 to $240.00 and gave the company an “overweight” rating in a research report on Monday, October 20th. UBS Group increased their price target on shares of Micron Technology from $225.00 to $245.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Finally, Deutsche Bank Aktiengesellschaft raised their price objective on shares of Micron Technology from $175.00 to $200.00 and gave the company a “buy” rating in a research note on Wednesday, September 24th. Five research analysts have rated the stock with a Strong Buy rating, twenty-six have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and an average target price of $209.39.

Micron Technology 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.