Micron Technology, Inc. $MU Shares Sold by HHM Wealth Advisors LLC

HHM Wealth Advisors LLC cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 44.2% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 1,579 shares of the semiconductor manufacturer’s stock after selling 1,253 shares during the quarter. HHM Wealth Advisors LLC’s holdings in Micron Technology were worth $1,823,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Vanguard Group Inc. increased its stake in shares of Micron Technology by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after acquiring an additional 1,954,644 shares during the period. State Street Corp boosted its holdings in Micron Technology by 2.1% in the fourth quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock valued at $15,061,310,000 after purchasing an additional 1,090,644 shares during the last quarter. Norges Bank purchased a new stake in Micron Technology in the fourth quarter valued at $6,433,456,000. Morgan Stanley grew its position in Micron Technology by 5.1% during the 4th quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer’s stock worth $4,679,771,000 after purchasing an additional 794,289 shares during the period. Finally, Northern Trust Corp raised its stake in shares of Micron Technology by 1.9% during the 4th quarter. Northern Trust Corp now owns 10,654,349 shares of the semiconductor manufacturer’s stock valued at $3,040,858,000 after buying an additional 194,550 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Up 4.2%

Shares of MU opened at $949.83 on Friday. The firm has a market cap of $1.07 trillion, a P/E ratio of 21.50 and a beta of 2.18. Micron Technology, Inc. has a 12 month low of $113.46 and a 12 month high of $1,255.00. The stock’s 50 day moving average is $963.34 and its two-hundred day moving average is $675.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the prior year, the company posted $1.91 EPS. The business’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. 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 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 is currently 1.36%.

Micron Technology News Summary

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

• Positive Sentiment: AI demand is the primary catalyst. Investors continue to expect robust demand for Micron’s high-bandwidth memory (HBM) products as hyperscalers expand AI infrastructure. Analysts and fund managers describe Micron as a major beneficiary of the AI buildout, with HBM capacity reportedly committed well into 2027. Micron Stock Extends Winning Streak on Strong AI Memory Demand
• Positive Sentiment: Sector-wide memory strength lifted MU. Strong results and outlooks from AI infrastructure companies CoreWeave and Super Micro Computer reinforced expectations that technology companies will keep increasing capital spending. Micron rallied alongside SanDisk, SK Hynix and other memory stocks as investors anticipated tight supply and firm pricing. Why are Micron, SK Hynix stocks rallying today after CoreWeave, Super Micro earnings?
• Positive Sentiment: Micron launched a $250 million AI investment fund. The Micron Ventures Paradigm Fund will invest across the AI technology stack, potentially expanding Micron’s relationships with emerging companies and helping the company identify future technology and customer opportunities. Micron Ventures Launches $250 Million Fund to Invest in the Next Generation of AI
• Neutral Sentiment: Macro conditions improved sentiment. A record S&P 500 close and calmer producer-price data reduced fears of additional Federal Reserve tightening, supporting high-growth technology valuations and the semiconductor group broadly. S&P 500 Notches Record-High Close as Rate-Hike Worries Ease
• Negative Sentiment: Chinese competition is a growing concern. Yangtze Memory Technologies reportedly overtook Micron in second-quarter NAND shipments, reaching roughly 14% of global shipments. While Micron remains stronger in revenue and AI-focused memory, increased NAND competition could pressure pricing and market share. Micron Stock Falls as It Faces a Fresh Chinese Memory-Chip Threat
• Negative Sentiment: Legal and cyclical risks remain. Netlist has filed additional patent-infringement proceedings against Micron, while some analysts warn that rising supply, potentially weaker average selling prices and the cyclical nature of memory markets could challenge elevated earnings expectations. Micron Technology Faces New Legal Action Over Alleged Infringement of Netlist Patents

Analysts Set New Price Targets

A number of analysts have recently commented on MU shares. The Goldman Sachs Group upped their target price on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Susquehanna upped their price objective 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. Deutsche Bank Aktiengesellschaft raised their price objective on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a research note on Friday, August 7th. Finally, Sanford C. Bernstein set a $1,300.00 target price on shares of Micron Technology in a research note on Monday, June 22nd. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Micron Technology currently has an average rating of “Buy” and a consensus target price of $1,260.31.

Insider Activity at Micron Technology

In related news, CEO Sanjay Mehrotra sold 37,439 shares of the company’s stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the completion of the transaction, the chief executive officer owned 387,064 shares in the company, valued at $371,728,524.32. This represents a 8.82% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 162,179 shares of company stock valued at $167,811,861. Insiders own 0.24% of the company’s stock.

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.