QTR Family Wealth LLC Buys 1,645 Shares of Micron Technology, Inc. $MU

QTR Family Wealth LLC grew its position in shares of Micron Technology, Inc. (NASDAQ:MUFree Report) by 43.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 5,452 shares of the semiconductor manufacturer’s stock after buying an additional 1,645 shares during the quarter. QTR Family Wealth LLC’s holdings in Micron Technology were worth $912,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of MU. First Command Advisory Services Inc. boosted its position in Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new position in shares of Micron Technology in the 3rd quarter worth approximately $27,000. Howard Hughes Medical Institute purchased a new position in shares of Micron Technology in the second quarter worth approximately $30,000. AlphaQuest LLC boosted its holdings in shares of Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 265 shares during the last quarter. Finally, WealthCollab LLC grew its position in Micron Technology by 4,500.0% during the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 270 shares during the period. Institutional investors own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on MU shares. Citigroup lifted their price target on shares of Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Weiss Ratings raised Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, November 1st. UBS Group boosted their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Cowen reaffirmed a “buy” rating on shares of Micron Technology in a research note on Thursday, December 11th. Finally, HSBC assumed coverage on Micron Technology in a research note on Tuesday, December 9th. They set a “buy” rating and a $330.00 price objective for the company. Five equities research 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and a consensus price target of $333.55.

Check Out Our Latest Stock Report on Micron Technology

Micron Technology News Summary

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

Insider Buying and Selling at Micron Technology

In other news, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $225.31, for a total value of $28,389,060.00. Following the sale, the chief financial officer directly owned 219,693 shares in the company, valued at $49,499,029.83. The trade was a 36.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, EVP Scott J. Deboer sold 82,000 shares of the stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the transaction, the executive vice president directly owned 154,145 shares of the company’s stock, valued at approximately $34,345,047.45. The trade was a 34.72% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 287,500 shares of company stock valued at $65,892,908 over the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

MU opened at $362.75 on Tuesday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The stock has a market capitalization of $408.28 billion, a price-to-earnings ratio of 34.48 and a beta of 1.50. The company has a fifty day moving average of $270.08 and a 200 day moving average of $194.48. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $365.81.

Micron Technology (NASDAQ:MUGet Free Report) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. The business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s revenue was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, sell-side analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were paid a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is presently 4.37%.

Micron Technology Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

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