Fiduciary Financial Group LLC Cuts Position in Micron Technology, Inc. $MU

Fiduciary Financial Group LLC lowered its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 18.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,311 shares of the semiconductor manufacturer’s stock after selling 994 shares during the quarter. Fiduciary Financial Group LLC’s holdings in Micron Technology were worth $4,976,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. E. Ohman J or Asset Management AB grew its stake in Micron Technology by 3.7% in the 2nd quarter. E. Ohman J or Asset Management AB now owns 39,824 shares of the semiconductor manufacturer’s stock valued at $45,968,000 after acquiring an additional 1,420 shares during the period. Handelsbanken Fonder AB raised its position in Micron Technology by 6.3% during the second quarter. Handelsbanken Fonder AB now owns 630,685 shares of the semiconductor manufacturer’s stock worth $727,993,000 after acquiring an additional 37,420 shares during the period. Wealth Group Ltd purchased a new position in Micron Technology during the second quarter valued at $296,000. Salvus Wealth Management LLC lifted its holdings in Micron Technology by 11.1% during the second quarter. Salvus Wealth Management LLC now owns 1,000 shares of the semiconductor manufacturer’s stock valued at $1,154,000 after purchasing an additional 100 shares in the last quarter. Finally, Scott Capital Advisors LLC acquired a new stake in shares of Micron Technology in the second quarter valued at about $265,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

More Micron Technology News

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

• Positive Sentiment: Tight memory supply remains the key bullish catalyst. A Mizuho analyst sees approximately 60% upside, arguing that constrained DRAM and high-bandwidth memory supply could persist through 2027. Nvidia reportedly reducing memory specifications for some upcoming products may actually increase demand for scarce HBM capacity. Mizuho analyst sees upside for Micron
• Positive Sentiment: Long-term AI demand and customer contracts improve visibility. Analysts highlight Micron’s strategic take-or-pay agreements, which lock in customer commitments, pricing protections, and contracted revenue through 2030. The agreements could reduce the company’s exposure to traditional memory-cycle swings. Micron take-or-pay agreements
• Positive Sentiment: Bullish forecasts point to further upside. Seeking Alpha commentary says MU remains attractively valued even under conservative earnings scenarios, while other analyses cite potential gains toward prior highs. Rising demand from AI infrastructure and future humanoid robots is viewed as a multiyear growth opportunity. Micron bear case analysis
• Neutral Sentiment: Investors remain divided after the recent selloff. Some analysts view MU as inexpensive relative to the S&P 500 and Nasdaq-100, while others question whether its record growth and margins can persist. The stock’s recent decline and subsequent rebound reflect uncertainty over the durability of the AI memory boom.
• Negative Sentiment: Cycle and competition risks are limiting enthusiasm. Commentary warns that slower DRAM and NAND price growth could pressure future results. SpaceX’s proposed Terrafab facility reportedly aims to challenge the memory-chip oligopoly, while Apple’s testing of Chinese memory supplier CXMT raises longer-term competitive concerns. Citigroup also lowered its MU price target to $1,150. Apple tests Chinese memory chips
• Neutral Sentiment: The reported short-interest figures show zero shares and a zero-day days-to-cover ratio, with an invalid percentage change; therefore, they provide no reliable signal about short-selling pressure.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $868.52 on Wednesday. The firm has a 50-day simple moving average of $967.63 and a 200-day simple moving average of $667.51. The stock has a market capitalization of $980.90 billion, a price-to-earnings ratio of 19.66 and a beta of 2.18. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 52 week low of $113.46 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. During the same period in the previous year, the business posted $1.91 earnings per share. Micron Technology’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities analysts predict that Micron Technology, Inc. will post 72.93 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, July 21st. Stockholders of record on Monday, July 6th were issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s payout ratio is currently 1.36%.

Wall Street Analyst Weigh In

A number of analysts have recently commented on MU shares. DA Davidson boosted their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Royal Bank Of Canada raised their price target on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Rosenblatt Securities lifted their price objective on Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Citigroup cut their price objective on Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating for the company in a research note on Friday, August 7th. Finally, TD Cowen reissued a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and an average target price of $1,260.31.

Insider Buying and Selling

In related news, CAO Scott R. Allen sold 879 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction that occurred on Wednesday, July 1st. The stock was sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the transaction, the executive vice president owned 85,737 shares in the company, valued at approximately $92,933,763.78. The trade was a 31.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 162,179 shares of company stock valued at $167,811,861 over the last ninety days. 0.24% of the stock is currently owned by company insiders.

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.