Vaquero Private Wealth Ltd. Buys New Shares in Micron Technology, Inc. $MU

Vaquero Private Wealth Ltd. bought a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 8,214 shares of the semiconductor manufacturer’s stock, valued at approximately $9,481,000. Micron Technology comprises approximately 2.0% of Vaquero Private Wealth Ltd.’s holdings, making the stock its 12th largest position.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Andrews Advisory Associates LLC acquired a new stake in Micron Technology in the second quarter valued at $386,000. Cypress Point Wealth Management LLC grew its position in shares of Micron Technology by 128.6% in the 2nd quarter. Cypress Point Wealth Management LLC now owns 1,566 shares of the semiconductor manufacturer’s stock valued at $1,808,000 after acquiring an additional 881 shares during the period. Madrona Financial Services LLC increased its stake in shares of Micron Technology by 1.0% during the 2nd quarter. Madrona Financial Services LLC now owns 1,543 shares of the semiconductor manufacturer’s stock worth $1,781,000 after purchasing an additional 16 shares during the last quarter. Farther Finance Advisors LLC increased its stake in shares of Micron Technology by 8.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 57,711 shares of the semiconductor manufacturer’s stock worth $66,604,000 after purchasing an additional 4,594 shares during the last quarter. Finally, LifeSteps Financial Inc. bought a new stake in shares of Micron Technology in the 2nd quarter valued at about $683,000. 80.84% of the stock is owned by institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Micron is benefiting from accelerating artificial-intelligence demand for high-bandwidth memory (HBM), server DRAM and data-center storage. The expansion of agentic AI workloads could broaden the company’s memory opportunity and support long-term growth. Will Agentic AI Adoption Expand Micron’s Memory Growth Opportunity?
• Positive Sentiment: Micron continues to gain NAND market share, while its SSD business surpassed $5 billion in quarterly revenue and NAND revenue reportedly grew sharply year over year. Long-term customer agreements also provide visibility into demand through 2028. Micron Stock Is Under Pressure but the Market Is Missing the Good News
• Positive Sentiment: SK Hynix’s authorization of an approximately $28.6 billion share-repurchase and cancellation program is lifting sentiment across the memory sector. The move signals management confidence in AI-memory demand and helped Micron rebound earlier in the session. SK Hynix Rises on Buyback as Memory Names Rebound
• Positive Sentiment: Analysts remain constructive: Bank of America reiterated a Buy rating and a $1,550 price target, while other commentary highlights Micron’s comparatively low forward valuation despite its AI-driven earnings growth. Analyst Issues New Micron Stock Price Target
• Neutral Sentiment: Micron’s latest reported quarter substantially exceeded expectations, with revenue of $41.46 billion versus a $35.91 billion consensus estimate and EPS of $25.11 versus $21.39 expected. However, investors are now focusing more on the durability of these unusually strong results than on the earnings beat itself.
• Negative Sentiment: Rising Treasury yields and concerns about higher financing costs for AI infrastructure are pressuring high-growth semiconductor stocks. The weakness has spread across global memory names and reflects profit-taking after Micron’s substantial year-to-date rally. AI Chip Stocks Pull Back as Yields Rise
• Negative Sentiment: Some investors question whether HBM pricing and demand can remain elevated as memory remains a cyclical industry. Concerns about aggressive semiconductor capacity expansion, concentrated hyperscaler spending and Micron trading well above estimated intrinsic value are adding valuation risk. Micron Trades Above GF Value as Semiconductor Selloff Deepens

Insider Transactions at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 37,439 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the transaction, the chief executive officer owned 387,064 shares in the company, valued at $371,728,524.32. This trade represents a 8.82% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 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 sale, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 162,179 shares of company stock worth $167,811,861 over the last quarter. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on MU shares. Royal Bank Of Canada raised their target price 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. Erste Group Bank raised Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Susquehanna lifted their target price on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a research note on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 target price on Micron Technology in a report on Monday, June 22nd. Finally, Mizuho increased their price target on Micron Technology from $1,150.00 to $1,375.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $1,259.97.

Micron Technology Trading Down 0.4%

Shares of NASDAQ:MU opened at $937.10 on Thursday. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00. The stock has a market cap of $1.06 trillion, a PE ratio of 21.22 and a beta of 2.18. The business has a 50 day moving average of $967.75 and a 200-day moving average of $690.43. 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 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. 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 firm’s quarterly revenue was up 345.8% compared to the same quarter last year. During the same quarter last year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts forecast that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio is currently 1.36%.

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.