Fifth Third Wealth Advisors LLC Boosts Holdings in Micron Technology, Inc. $MU

Fifth Third Wealth Advisors LLC increased its position in Micron Technology, Inc. (NASDAQ:MU) by 3.8% in the 1st quarter, Holdings Channel.com reports. The firm owned 21,047 shares of the semiconductor manufacturer’s stock after buying an additional 775 shares during the quarter. Fifth Third Wealth Advisors LLC’s holdings in Micron Technology were worth $7,110,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in MU. Brown Lisle Cummings Inc. lifted its holdings in Micron Technology by 49.6% in the 1st quarter. Brown Lisle Cummings Inc. now owns 181 shares of the semiconductor manufacturer’s stock worth $61,000 after buying an additional 60 shares in the last quarter. OP Asset Management Ltd purchased a new position in Micron Technology in the 1st quarter valued at about $77,611,000. Banque Cantonale Vaudoise grew its stake in shares of Micron Technology by 22.7% during the first quarter. Banque Cantonale Vaudoise now owns 31,608 shares of the semiconductor manufacturer’s stock valued at $10,679,000 after acquiring an additional 5,839 shares in the last quarter. Apella Capital LLC grew its stake in shares of Micron Technology by 32.2% during the first quarter. Apella Capital LLC now owns 2,445 shares of the semiconductor manufacturer’s stock valued at $826,000 after acquiring an additional 595 shares in the last quarter. Finally, Godsey & Gibb Inc. increased its position in shares of Micron Technology by 112.9% during the first quarter. Godsey & Gibb Inc. now owns 1,933 shares of the semiconductor manufacturer’s stock worth $653,000 after acquiring an additional 1,025 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Micron Technology

In related news, Director Steven J. Gomo sold 2,000 shares of the company’s stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the sale, the director directly owned 17,139 shares of the company’s stock, valued at approximately $13,488,907.17. This represents a 10.45% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares in the company, valued at $43,679,776.43. This trade represents a 24.13% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 146,000 shares of company stock valued at $85,486,715. 0.24% of the stock is currently owned by insiders.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron reported fiscal Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, both far above Wall Street estimates, showing that AI-related memory demand is still accelerating. Article Title
• Positive Sentiment: The company issued stronger-than-expected Q4 guidance, with revenue and EPS forecasts well above consensus, signaling that the growth trajectory may continue into the next quarter. Article Title
• Positive Sentiment: Several reports highlighted Micron’s record margins and “blowout” results, with bullish commentary saying the AI trade is still alive and that pricing power is improving as memory shortages persist. Article Title
• Positive Sentiment: Analysts responded with higher price targets and upgrades, reinforcing confidence that Micron’s AI-driven earnings power may justify a richer valuation. Article Title
• Neutral Sentiment: The stock had been volatile ahead of earnings because of a broader tech sell-off and concerns that AI spending was getting overheated, so expectations were very high going into the report. Article Title
• Neutral Sentiment: Micron’s elevated capital spending plans and some analyst warnings suggest investors may still watch closely for signs that the memory boom cools or margins normalize later on. Article Title

Micron Technology Stock Down 1.3%

NASDAQ:MU opened at $1,037.93 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 49.01 and a beta of 2.16. Micron Technology, Inc. has a one year low of $103.38 and a one year high of $1,213.56. The stock has a 50-day simple moving average of $788.74 and a 200 day simple moving average of $513.50.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $20.98 by $4.13. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The firm had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter in the prior year, the firm posted $1.91 earnings per share. Micron Technology’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. Sell-side analysts predict that Micron Technology, Inc. will post 60.34 EPS for the current fiscal year.

Analyst Ratings Changes

MU has been the topic of several recent analyst reports. KeyCorp reiterated an “overweight” rating and issued a $1,600.00 price target on shares of Micron Technology in a research note on Thursday. UBS Group lifted their price objective on Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. Melius Research began coverage on Micron Technology in a report on Monday, April 27th. They set a “buy” rating and a $700.00 price objective on the stock. Bank of America upped their target price on Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday. Finally, Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, Micron Technology has an average rating of “Buy” and a consensus target price of $1,084.80.

About Micron Technology

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.