Independent Financial Group LLC Has $128.19 Million Stake in Micron Technology, Inc. $MU

Independent Financial Group LLC grew its holdings in Micron Technology, Inc. (NASDAQ:MU) by 199.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 111,056 shares of the semiconductor manufacturer’s stock after purchasing an additional 73,935 shares during the quarter. Micron Technology comprises about 2.4% of Independent Financial Group LLC’s portfolio, making the stock its 6th biggest position. Independent Financial Group LLC’s holdings in Micron Technology were worth $128,191,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. High Note Wealth LLC lifted its stake in Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after buying an additional 34 shares during the period. Kohmann Bosshard Financial Services LLC acquired a new stake in shares of Micron Technology during the 1st quarter worth approximately $27,000. Bayban acquired a new stake in shares of Micron Technology during the 4th quarter worth approximately $29,000. GHP Investment Advisors Inc. increased its stake in shares of Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after acquiring an additional 52 shares in the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of Micron Technology in the 4th quarter valued at $31,000. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

MU has been the subject of a number of research reports. UBS Group restated a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Mizuho upped their price objective on shares of Micron Technology from $1,150.00 to $1,375.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Susquehanna increased their price objective on shares of 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. TD Cowen restated a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Finally, Raymond James Financial boosted their target price on Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Four 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 data from MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $1,259.97.

Micron Technology Stock Performance

MU opened at $971.66 on Monday. Micron Technology, Inc. has a 1-year low of $113.46 and a 1-year high of $1,255.00. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.00 and a beta of 2.19. The company’s fifty day moving average price is $965.49 and its two-hundred day moving average price is $679.10. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05.

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, beating analysts’ consensus estimates of $21.39 by $3.72. The firm 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%. The business’s revenue was up 345.8% on a year-over-year basis. During the same period last year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were issued a dividend of $0.15 per share. 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 payout ratio is currently 1.36%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: New Street upgraded Micron to “Buy” from “Neutral” and set a $1,250 price target, citing the possibility that AI is making memory demand less cyclical. The firm projects a potential $2 trillion-$3 trillion valuation for Micron by the end of the decade. Micron Upgraded to Buy on the Claim Memory Stopped Being Cyclical
• Positive Sentiment: DRAM and NAND prices are tightening again, potentially increasing the earnings impact of Micron’s rapidly expanding data-center business. Analysts are continuing to raise revenue estimates and price targets as AI infrastructure spending supports demand for high-bandwidth memory and storage. Micron Stock Jumps as Memory Pricing Tightens Again
• Positive Sentiment: Micron launched a $250 million Micron Ventures Paradigm Fund to invest across the AI technology stack, including model development, computing infrastructure, enterprise applications and physical AI. The initiative could strengthen partnerships and give Micron earlier insight into future memory and storage requirements. Micron Ventures Launches $250 Million Fund
• Neutral Sentiment: Broader semiconductor strength, record U.S. equity benchmarks and easing rate-hike expectations are supporting risk appetite for memory stocks. Technical analysts also identify approximately $1,012 as an important near-term resistance level. Micron Price Forecast
• Negative Sentiment: Risks remain from rising Chinese competition and execution timing. YMTC has surpassed Micron in NAND shipments, while Micron’s new $9.3 billion fabrication plant is not expected to produce chips until 2028. Michael Burry has also increased bearish positions involving Micron, underscoring concerns about valuation, supply growth and a possible return of memory-cycle volatility.

Insider Buying and Selling

In other news, CEO Sanjay Mehrotra sold 31,285 shares of the company’s stock in a transaction that occurred on Friday, July 24th. The stock was sold at an average price of $926.83, for a total value of $28,995,876.55. Following the completion of the transaction, the chief executive officer directly owned 313,218 shares of the company’s stock, valued at $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of the 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 sale, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 162,179 shares of company stock valued at $167,811,861. 0.24% of the stock is owned by company insiders.

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.