GAMMA Investing LLC Acquires 5,334 Shares of Micron Technology, Inc. $MU

GAMMA Investing LLC increased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 18.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,841 shares of the semiconductor manufacturer’s stock after purchasing an additional 5,334 shares during the quarter. Micron Technology accounts for 1.5% of GAMMA Investing LLC’s holdings, making the stock its 9th biggest position. GAMMA Investing LLC’s holdings in Micron Technology were worth $39,062,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in MU. Harbor Investment Advisory LLC lifted its stake in Micron Technology by 54.9% during the second quarter. Harbor Investment Advisory LLC now owns 1,979 shares of the semiconductor manufacturer’s stock valued at $2,284,000 after purchasing an additional 701 shares during the last quarter. Calder Financial LLC grew its position in Micron Technology by 38.7% in the second quarter. Calder Financial LLC now owns 1,139 shares of the semiconductor manufacturer’s stock worth $1,315,000 after buying an additional 318 shares during the last quarter. Central Pacific Bank Trust Division grew its position in Micron Technology by 10.1% in the second quarter. Central Pacific Bank Trust Division now owns 4,782 shares of the semiconductor manufacturer’s stock worth $5,520,000 after buying an additional 440 shares during the last quarter. Sandy Cove Advisors LLC increased its holdings in shares of Micron Technology by 11.8% in the second quarter. Sandy Cove Advisors LLC now owns 917 shares of the semiconductor manufacturer’s stock valued at $1,059,000 after buying an additional 97 shares in the last quarter. Finally, Grove Bank & Trust increased its holdings in shares of Micron Technology by 2.2% in the second quarter. Grove Bank & Trust now owns 7,643 shares of the semiconductor manufacturer’s stock valued at $8,822,000 after buying an additional 162 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Bank of America reiterated its Buy rating and $1,550 price target, calling the pullback an “enhanced buying opportunity.” The firm said cloud and AI-infrastructure demand remains strong, while Micron’s memory pricing power is intact. Micron pullback seen as buying opportunity amid solid end-demand, says BofA
• Positive Sentiment: The broader semiconductor sector staged a strong rebound as the market’s AI trade regained momentum. Better-than-expected results and guidance from Palantir, along with a broader advance in technology shares, improved risk appetite and supported Micron. Why Micron, AMD and SanDisk stocks are leading today’s pre-market rally
• Positive Sentiment: Analysts and investors continue to view the AI memory cycle as a potential new growth phase. Micron’s recent earnings showed substantial revenue and profit growth, and long-term AI-related contracts and constrained high-end memory supply support the bullish outlook. Sandisk Jumps 8%, Micron Gains 6%, SK Hynix Climbs 4% as Wall Street Hikes Price Targets on AI Memory Boom
• Neutral Sentiment: Micron’s valuation and share-price performance remain a subject of debate. Bulls see the selloff as pricing in an overly pessimistic scenario, while the stock’s high volatility and large decline from its peak highlight the risks of investing in a cyclical memory-chip business.
• Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) is reportedly considering a second Beijing fabrication plant. Potentially higher Chinese DRAM output could increase global competition and pressure memory prices and Micron’s market share over time, although the threat is viewed as several years away. Micron Gains Memory-Chip Share—But So Does Hot Chinese Rival
• Negative Sentiment: Investor Michael Burry reportedly increased bearish positions in Micron and the semiconductor sector, adding a contrarian signal amid concerns that AI spending and elevated memory valuations may prove unsustainable. Michael Burry’s latest bet puts Nvidia stock and Micron’s AI boom on trial

Analyst Upgrades and Downgrades

MU has been the subject of several research reports. UBS Group raised their price objective on Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Susquehanna boosted their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a research report on Thursday, June 25th. Wolfe Research set a $1,500.00 target price on Micron Technology in a report on Thursday, June 25th. 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 report on Tuesday, June 23rd. Finally, KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research report on Monday, July 20th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Micron Technology currently has an average rating of “Buy” and a consensus price target of $1,268.93.

Insider Activity at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 37,439 shares of Micron Technology stock in a transaction dated Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the transaction, the chief executive officer owned 387,064 shares of the company’s stock, valued at $371,728,524.32. The trade was a 8.82% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the company’s 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 in the company, valued at $34,958,000. This represents a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 164,179 shares of company stock worth $169,385,921. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 7.6%

NASDAQ MU opened at $892.67 on Wednesday. The firm’s 50 day moving average price is $978.43 and its two-hundred day moving average price is $649.44. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a twelve month low of $106.75 and a twelve month high of $1,255.00. The stock has a market cap of $1.01 trillion, a price-to-earnings ratio of 20.21 and a beta of 2.18.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) 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 company had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. During the same quarter in the prior year, the company earned $1.91 earnings per share. The company’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement

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

Micron Technology Profile

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.