11,529 Shares in Micron Technology, Inc. $MU Acquired by Capstone Capital Management Ltd

Capstone Capital Management Ltd bought a new stake in Micron Technology, Inc. (NASDAQ:MU) in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 11,529 shares of the semiconductor manufacturer’s stock, valued at approximately $3,895,000. Micron Technology accounts for about 3.8% of Capstone Capital Management Ltd’s investment portfolio, making the stock its 6th biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Micron Technology during the first quarter worth approximately $27,000. High Note Wealth LLC increased its stake in Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares during the last quarter. Elevation Wealth Partners LLC raised its holdings in shares of Micron Technology by 295.8% during the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 71 shares during the period. Steigerwald Gordon & Koch Inc. raised its stake in Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after acquiring an additional 96 shares during the period. Finally, Bayban acquired a new position in Micron Technology in the fourth quarter valued at approximately $29,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Activity at Micron Technology

In other news, Director Lynn A. Dugle sold 1,300 shares of the firm’s stock in a transaction dated 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 approximately $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Sumit Sadana sold 24,000 shares of Micron Technology stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the transaction, the executive vice president owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 187,300 shares of company stock valued at $162,779,604. 0.24% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on MU. Barclays upped their price target on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Cantor Fitzgerald restated an “overweight” rating and issued a $1,500.00 target price on shares of Micron Technology in a report 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. Bank of America raised their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Finally, Morgan Stanley lifted their target price on shares of Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Buy” and an average target price of $1,263.76.

Key Micron Technology News

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

• Positive Sentiment: Micron’s record earnings, strong AI memory demand, and upbeat guidance continue to support the long-term growth story. Zacks: Micron Stock Drops 10% After Earnings – Is This a Buying Opportunity?
• Positive Sentiment: Micron landed a long-term supply deal with Ford, improving revenue visibility and reinforcing demand for its automotive memory products. TheStreet: Micron’s Ford deal shows automakers racing to outbid AI for chips
• Positive Sentiment: Some analysts remain bullish, arguing the recent selloff has made Micron more attractive and that AI demand still supports the chip cycle. Benzinga: Micron, Broadcom Just Got 25% Cheaper
• Neutral Sentiment: The stock is moving with the broader memory-chip trade, so sector volatility is amplifying MU’s swings more than company-specific fundamentals are changing. MarketWatch: Micron’s stock falls as investors wonder if the memory market is near the top
• Neutral Sentiment: Some coverage highlights insider selling and bear-market technical damage, which may keep sentiment cautious in the near term. InsiderTrades: Micron Technology EVP April Arnzen Sells 40,000 Shares

Micron Technology Trading Up 1.1%

Shares of MU stock opened at $948.80 on Thursday. 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 cap of $1.07 trillion, a PE ratio of 21.48 and a beta of 2.14. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $904.31 and its two-hundred day moving average is $570.24.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data 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 business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same period in the previous year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts predict that Micron Technology, Inc. will post 72.94 EPS for the current year.

Micron Technology Dividend Announcement

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