1,181 Shares in Micron Technology, Inc. $MU Acquired by Segment Wealth Management LLC

Segment Wealth Management LLC bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 1,181 shares of the semiconductor manufacturer’s stock, valued at approximately $1,363,000.

A number of other institutional investors have also recently bought and sold shares of MU. Brighton Jones LLC raised its holdings in shares of Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after acquiring an additional 976 shares during the period. Sivia Capital Partners LLC boosted its stake in Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares during the period. United Bank acquired a new position in Micron Technology in the 2nd quarter worth $236,000. Schnieders Capital Management LLC. increased its holdings in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares in the last quarter. Finally, Sei Investments Co. increased its holdings in Micron Technology by 5.6% during the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after purchasing an additional 21,619 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Down 7.0%

MU stock opened at $941.15 on Wednesday. The company has a market cap of $1.06 trillion, a price-to-earnings ratio of 21.31 and a beta of 2.19. Micron Technology, Inc. has a twelve month low of $113.46 and a twelve month high of $1,255.00. The business has a 50 day moving average price of $966.84 and a two-hundred day moving average price of $686.90. 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 (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, topping analysts’ consensus estimates of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business’s revenue was up 345.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared 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. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio is 1.36%.

More Micron Technology News

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

• Positive Sentiment: Micron’s long-term AI opportunity remains a key bullish argument. Demand for high-bandwidth memory (HBM) used in AI data centers is absorbing significant wafer capacity, while Micron’s 2026 HBM output is reportedly fully allocated under long-term agreements. Uncle Sam’s Chip Trick: How the Government Built a Silicon Moat
• Positive Sentiment: U.S. efforts to discourage technology companies from purchasing memory from Chinese suppliers could reduce competition and strengthen Micron’s pricing power with domestic and allied customers. Micron’s planned U.S. manufacturing investments may benefit from this policy environment. Micron shares rise as White House pushes Apple away from Chinese memory chips
• Positive Sentiment: Bank of America reiterated a Buy rating and a $1,550 price target, arguing that concerns about a peak in the memory cycle are overblown and forecasting substantial long-term earnings growth. Analyst issues new Micron stock price target
• Neutral Sentiment: Micron’s recent quarterly results were exceptionally strong, with revenue up sharply year over year and earnings above consensus. However, the stock’s large advance has raised expectations and increased sensitivity to any signs of slowing demand or valuation concerns.
• Negative Sentiment: Higher Treasury yields are pressuring high-growth technology valuations and raising the financing cost of AI infrastructure. Investors also rotated out of heavily extended AI winners after Monday’s rally. AI chip stocks were riding high. Here’s why Micron and others are now pulling back
• Negative Sentiment: A report suggesting NVIDIA may use less memory in a future Rubin Ultra system raised concerns about the durability of Micron’s HBM growth. Separately, Appaloosa reportedly reduced its Micron position by 41% in the second quarter, adding to profit-taking concerns. Nvidia Is Cutting Rubin Ultra’s Memory

Insider Activity

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the stock in a transaction on 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 sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. This trade represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 162,179 shares of company stock worth $167,811,861. 0.24% of the stock is owned by insiders.

Wall Street Analyst Weigh In

MU has been the topic of a number of research reports. Weiss Ratings restated a “buy (b)” rating on shares of Micron Technology in a report on Friday, August 7th. Susquehanna increased their price objective on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a report on Thursday, June 25th. Melius Research started coverage on Micron Technology in a research report on Monday, April 27th. They issued a “buy” rating and a $700.00 target price on the stock. Rosenblatt Securities boosted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Finally, Wolfe Research set a $1,500.00 price target on Micron Technology in a research report on Thursday, June 25th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Buy” and an average price target of $1,259.97.

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.