Micron Technology, Inc. $MU Shares Sold by Andra AP fonden

Andra AP fonden trimmed its stake in Micron Technology, Inc. (NASDAQ:MU) by 16.6% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 169,962 shares of the semiconductor manufacturer’s stock after selling 33,800 shares during the quarter. Micron Technology makes up about 2.2% of Andra AP fonden’s portfolio, making the stock its 9th biggest holding. Andra AP fonden’s holdings in Micron Technology were worth $196,185,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. Bullseye Investment Management LLC acquired a new position in shares of Micron Technology in the second quarter valued at approximately $27,000. Montgomery Financial Services LLC acquired a new stake in Micron Technology during the 2nd quarter worth approximately $38,000. JNBA Financial Advisors boosted its stake in Micron Technology by 77.3% in the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after purchasing an additional 17 shares during the period. Ramsey Quantitative Systems bought a new stake in Micron Technology in the 2nd quarter valued at $46,000. Finally, RHL Group LLC acquired a new position in Micron Technology in the 2nd quarter valued at $47,000. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on MU shares. Wells Fargo & Company lifted their target price on Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Barclays upped their price target on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. UBS Group reiterated a “buy” rating on shares of Micron Technology in a research note on Monday, August 10th. Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Finally, Zacks Research lowered shares of Micron Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $1,295.63.

Insider Activity

In other news, CAO Scott Allen sold 879 shares of the stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This represents a 2.45% 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 Micron Technology stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 177,204 shares of company stock valued at $182,156,264. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

NASDAQ:MU traded up $37.15 during mid-day trading on Tuesday, reaching $1,081.11. The stock had a trading volume of 16,527,434 shares, compared to its average volume of 42,501,480. Micron Technology, Inc. has a 12 month low of $154.65 and a 12 month high of $1,255.00. The stock has a market capitalization of $1.22 trillion, a PE ratio of 24.48, a P/E/G ratio of 0.64 and a beta of 2.22. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The stock has a 50-day simple moving average of $930.16 and a two-hundred day simple moving average of $780.85.

Micron Technology (NASDAQ:MU) last issued 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 return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter last year, the business posted $1.91 EPS. The company’s revenue 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. On average, equities analysts anticipate that Micron Technology, Inc. will post 72.98 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 1.36%.

Micron Technology News Summary

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

• Positive Sentiment: AI memory demand remains the key catalyst. Reports say Micron’s high-bandwidth memory (HBM) capacity is sold out through 2027, while data-center customers continue seeking additional supply. Strategic supply agreements and industry-wide shortages could support pricing, margins and earnings. HBM Sold Out Through 2027
• Positive Sentiment: Analysts are raising expectations ahead of earnings. Stifel maintained a Buy rating and a $1,500 price target, while another bullish estimate places fair value as high as $2,050. Erste Group also modestly increased its FY2026 EPS forecast to $72.34, close to the $72.98 consensus. Options markets imply a potentially sizable move following the report. Analysts Revise Forecasts Ahead of Earnings
• Positive Sentiment: Recent operating momentum is strong. Micron’s latest reported quarter substantially exceeded analyst expectations, with revenue rising sharply year over year and EPS reaching $25.11. Investors are also responding positively to new advanced-memory products and expectations for another, potentially smaller, earnings beat.
• Neutral Sentiment: Valuation and the earnings event raise the stakes. MU has gained more than 500% over the past year and trades near its historical high range. While bullish analysts argue traditional memory-cycle valuation metrics understate its AI opportunity, the September 30 report is likely to determine whether the rally can continue. Micron Stock Options Signal a Move
• Negative Sentiment: China is emerging as a longer-term competitive risk. ChangXin Memory Technologies (CXMT) says it has begun mass production of a newer DRAM platform with improved manufacturing economics. If Chinese capacity scales successfully, it could eventually pressure Micron’s pricing, market share and margins.
• Negative Sentiment: Labor tensions add a near-term uncertainty. Employees at one Micron memory-chip plant are seeking a larger share of the company’s substantial profits, creating a potential operational or cost risk after the stock’s dramatic advance. Micron Stock Faces Crisis at Memory-Chip Plant

Micron Technology Company 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.