Micron Technology, Inc. $MU Shares Bought by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC grew its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 39.6% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 14,047 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,988 shares during the period. Micron Technology makes up approximately 0.7% of Counterpoint Mutual Funds LLC’s investment portfolio, making the stock its 28th largest holding. Counterpoint Mutual Funds LLC’s holdings in Micron Technology were worth $4,746,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of MU. Brighton Jones LLC increased its stake in Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after buying an additional 976 shares during the period. Sivia Capital Partners LLC raised its position in shares of Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after buying an additional 628 shares in the last quarter. United Bank acquired a new stake in shares of Micron Technology in the 2nd quarter worth approximately $236,000. Schnieders Capital Management LLC. lifted its stake in shares of Micron Technology by 67.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after acquiring an additional 6,867 shares during the period. Finally, Sei Investments Co. lifted its stake in shares of Micron Technology by 5.6% in the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after acquiring an additional 21,619 shares during the period. 80.84% of the stock is currently owned by institutional investors.

More Micron Technology News

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

• Positive Sentiment: Micron continues to benefit from strong earnings, tight memory-chip supply, and bullish analyst views following its blowout quarterly report. The Single Most Important Number from Micron’s Monster Earnings Report
• Positive Sentiment: A new long-term supply deal with General Motors broadens Micron’s customer base and supports demand visibility beyond AI data centers. General Motors Secures Micron Deal For Future Software Defined Vehicles
• Neutral Sentiment: Micron’s $250 million Trump Accounts commitment is generating headlines, but it is unlikely to materially affect near-term earnings. Micron Technology Announces $250 Mln Investment In Trump Accounts
• Negative Sentiment: Broad selling in semiconductor and memory stocks, along with fears of future oversupply, is pressuring MU alongside peers like SanDisk and Seagate. Micron Stock Extends Decline Despite Trump’s Praise and Bullish Analyst Views
• Negative Sentiment: Michael Burry’s new short position against Micron added a high-profile bearish catalyst and may be fueling caution around the stock. Michael Burry Says He Shorted Micron Technology

Wall Street Analyst Weigh In

A number of research analysts recently commented on MU shares. Needham & Company LLC raised their price objective on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Susquehanna upped 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. Melius Research started coverage on Micron Technology in a research note on Monday, April 27th. They set a “buy” rating and a $700.00 price target for the company. Summit Insights lowered Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Finally, KeyCorp lifted their price target on Micron Technology from $600.00 to $1,600.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Buy” and a consensus price target of $1,263.76.

Insider Buying and Selling

In other news, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $421.35, for a total transaction of $10,112,400.00. Following the completion of the sale, the executive vice president directly owned 224,021 shares of the company’s stock, valued at $94,391,248.35. This trade represents a 9.68% decrease in their position. The transaction 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 on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 147,300 shares of company stock worth $119,422,004 over the last quarter. 0.24% of the stock is currently owned by insiders.

Micron Technology Price Performance

NASDAQ MU opened at $975.56 on Friday. 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 company’s 50 day simple moving average is $876.93 and its 200 day simple moving average is $552.77. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,255.00. The company has a market capitalization of $1.10 trillion, a P/E ratio of 22.09 and a beta of 2.14.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business’s quarterly revenue was up 345.8% on a year-over-year basis. During the same period in the prior year, the business earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities research analysts expect that Micron Technology, Inc. will post 72.94 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Monday, July 6th. Micron Technology’s dividend payout ratio is 1.36%.

Micron Technology Company 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.