Micron Technology, Inc. $MU Shares Bought by Calamos Wealth Management LLC

Calamos Wealth Management LLC raised its position in Micron Technology, Inc. (NASDAQ:MU) by 16.6% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 9,180 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,308 shares during the period. Calamos Wealth Management LLC’s holdings in Micron Technology were worth $3,101,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the company. Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its position in shares of Micron Technology by 9.4% during the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 32,405 shares of the semiconductor manufacturer’s stock worth $10,948,000 after purchasing an additional 2,784 shares during the last quarter. Archer Investment Corp grew its stake in shares of Micron Technology by 69.8% during the first quarter. Archer Investment Corp now owns 1,647 shares of the semiconductor manufacturer’s stock worth $556,000 after purchasing an additional 677 shares in the last quarter. Birinyi Associates Inc. increased its holdings in Micron Technology by 3.2% in the first quarter. Birinyi Associates Inc. now owns 4,050 shares of the semiconductor manufacturer’s stock valued at $1,368,000 after buying an additional 125 shares during the last quarter. Nadler Financial Group Inc. purchased a new position in Micron Technology in the first quarter valued at $243,000. Finally, TFR Capital LLC. raised its stake in Micron Technology by 18.1% in the first quarter. TFR Capital LLC. now owns 1,114 shares of the semiconductor manufacturer’s stock valued at $376,000 after buying an additional 171 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology News Summary

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

• Positive Sentiment: Micron is still being viewed as a long-term AI winner, with articles highlighting strong demand for DRAM/HBM memory, a persistent supply shortage, and large customer commitments that improve revenue visibility. Micron (MU) Just Put $3 Billion Into GlobalWafers To Secure AI Supply
• Positive Sentiment: Analysts and commentators continue to argue that Micron remains attractively valued after the pullback, pointing to strong growth, buy ratings, and upside potential if AI memory demand stays tight. Micron Offers a Lucrative Investment Opportunity at Current Valuation
• Neutral Sentiment: Several pieces frame Micron as part of a bigger AI-memory cycle, with bullish takes saying the memory market could stay tight for years, but also noting that investors are becoming more cautious after a huge run-up. The SK Hynix IPO and 2027’s AI Memory Squeeze (MU)
• Negative Sentiment: Micron is getting dragged lower in sympathy with SK Hynix and other memory names after a weak outlook from SK Hynix sparked fears that the AI memory rally may be overextended. Micron Stock Drops as Memory Rivals’ Surging Spending Stokes Fears
• Negative Sentiment: Broader market weakness, including a Nasdaq selloff and rising oil-related geopolitical concerns, is adding pressure to chip stocks and weighing on Micron shares. Dow Jones Futures: Nasdaq Sells Off, Oil Prices Spike On Trump Blockade; Micron, Sandisk, SK Hynix, SpaceX Dive

Analyst Ratings Changes

A number of analysts have issued reports on the company. Citigroup lifted their price target on Micron Technology from $1,200.00 to $1,400.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Melius Research began coverage on Micron Technology in a report on Monday, April 27th. They issued a “buy” rating and a $700.00 price objective on the stock. Susquehanna raised 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. KeyCorp raised their target price on Micron Technology from $600.00 to $1,600.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Finally, Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research note on Thursday, March 19th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus target price of $1,263.76.

Insider Transactions at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction that occurred on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the transaction, the director owned 17,139 shares of the company’s stock, valued at $13,488,907.17. The trade was a 10.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the sale, the director owned 17,728 shares of the company’s stock, valued at approximately $20,394,823.04. This represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 163,300 shares of company stock valued at $152,667,204 in the last 90 days. Company insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Shares of MU opened at $936.18 on Tuesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,255.00. The stock has a market cap of $1.06 trillion, a PE ratio of 21.19 and a beta of 2.14. The firm has a fifty day moving average price of $931.65 and a 200 day moving average price of $584.94.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business’s quarterly revenue was up 345.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, sell-side analysts anticipate that Micron Technology, Inc. will post 72.94 EPS for the current year.

Micron Technology Announces Dividend

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