Micron Technology, Inc. $MU Shares Acquired by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. increased its position in Micron Technology, Inc. (NASDAQ:MU) by 3.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,605 shares of the semiconductor manufacturer’s stock after buying an additional 465 shares during the period. Stratos Wealth Partners LTD.’s holdings in Micron Technology were worth $1,923,000 as of its most recent SEC filing.

Other institutional investors have also recently bought and sold shares of the company. Brighton Jones LLC increased its position in 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 purchasing an additional 976 shares during the last quarter. GAMMA Investing LLC increased its position in Micron Technology by 20.5% during the first quarter. GAMMA Investing LLC now owns 21,561 shares of the semiconductor manufacturer’s stock worth $1,873,000 after purchasing an additional 3,667 shares during the last quarter. Flagship Harbor Advisors LLC increased its position in Micron Technology by 2.3% during the first quarter. Flagship Harbor Advisors LLC now owns 14,682 shares of the semiconductor manufacturer’s stock worth $1,276,000 after purchasing an additional 324 shares during the last quarter. Moser Wealth Advisors LLC acquired a new position in Micron Technology during the first quarter worth approximately $95,000. Finally, JFS Wealth Advisors LLC increased its position in Micron Technology by 16.8% during the first quarter. JFS Wealth Advisors LLC now owns 1,963 shares of the semiconductor manufacturer’s stock worth $171,000 after purchasing an additional 282 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, Director Richard M. Beyer sold 5,552 shares of the company’s stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $155.68, for a total value of $864,335.36. Following the completion of the transaction, the director directly owned 96,031 shares in the company, valued at approximately $14,950,106.08. This represents a 5.47% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP April S. Arnzen sold 15,000 shares of the company’s stock in a transaction on Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the completion of the transaction, the executive vice president owned 131,580 shares of the company’s stock, valued at $21,584,383.20. This trade represents a 10.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 112,956 shares of company stock worth $19,124,145. 0.30% of the stock is currently owned by company insiders.

Micron Technology Price Performance

Shares of MU stock opened at $206.77 on Tuesday. The company has a market capitalization of $232.09 billion, a PE ratio of 27.24, a price-to-earnings-growth ratio of 0.45 and a beta of 1.56. The firm has a fifty day simple moving average of $152.86 and a 200-day simple moving average of $119.00. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $214.75.

Micron Technology (NASDAQ:MU) last announced its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share for the quarter, meeting the consensus estimate of $2.86. The business had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.05 billion. Micron Technology had a net margin of 22.84% and a return on equity of 17.21%. The business’s quarterly revenue was up 46.1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.18 earnings per share. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 21st. Stockholders of record on Friday, October 3rd will be paid a $0.115 dividend. The ex-dividend date is Friday, October 3rd. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio is 6.06%.

Analyst Ratings Changes

Several brokerages recently commented on MU. Robert W. Baird upped their price target on shares of Micron Technology from $163.00 to $200.00 and gave the stock an “outperform” rating in a research report on Friday, June 27th. Summit Insights raised shares of Micron Technology to a “strong-buy” rating in a research report on Tuesday, September 23rd. Rosenblatt Securities upped their price target on shares of Micron Technology from $200.00 to $250.00 and gave the stock a “buy” rating in a research report on Wednesday, September 24th. Citigroup increased their price objective on shares of Micron Technology from $200.00 to $240.00 and gave the stock a “buy” rating in a research report on Thursday, October 16th. Finally, Raymond James Financial increased their price objective on shares of Micron Technology from $150.00 to $190.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 24th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-five have given a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $200.64.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.