Micron Technology, Inc. $MU Stock Holdings Lifted by Wellington Altus USA Inc.

Wellington Altus USA Inc. grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 497.7% during the second quarter, HoldingsChannel reports. The firm owned 2,116 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,762 shares during the quarter. Micron Technology comprises approximately 1.6% of Wellington Altus USA Inc.’s portfolio, making the stock its 10th biggest holding. Wellington Altus USA Inc.’s holdings in Micron Technology were worth $2,442,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MU. IKE Capital LLC acquired a new stake in shares of Micron Technology during the second quarter worth $629,000. Anchor Investment Management LLC increased its stake in Micron Technology by 2.0% in the 2nd quarter. Anchor Investment Management LLC now owns 12,303 shares of the semiconductor manufacturer’s stock valued at $14,201,000 after buying an additional 243 shares during the period. Reynders McVeigh Capital Management LLC purchased a new position in Micron Technology during the 2nd quarter worth $439,000. Bullseye Investment Management LLC acquired a new stake in shares of Micron Technology in the 2nd quarter worth $27,000. Finally, ABS Direct Equity Fund LLC lifted its stake in shares of Micron Technology by 156.6% in the 2nd quarter. ABS Direct Equity Fund LLC now owns 2,309 shares of the semiconductor manufacturer’s stock worth $2,665,000 after acquiring an additional 1,409 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insiders Place Their Bets

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the transaction, the executive vice president owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 177,204 shares of company stock valued at $182,156,264. 0.24% of the stock is currently owned by insiders.

Micron Technology News Roundup

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

• Positive Sentiment: Memory shortage and pricing power: Intel CEO Lip-Bu Tan reportedly warned that memory prices have surged more than 500% and that shortages could worsen next year. The supply constraint is especially supportive for Micron’s DRAM and high-bandwidth memory (HBM) businesses, with industry undersupply expected to persist through 2027–2028. Micron Jumps as Intel CEO Warns of Memory Shortage
• Positive Sentiment: New server-memory product: Micron introduced a 512GB DDR5 RDIMM capable of speeds up to 9,200 MT/s. The module can reduce power consumption by more than 60% versus equivalent configurations and is being validated by AMD and Intel, strengthening Micron’s position in AI and data-center infrastructure. Volume production is planned for the second half of 2027. Micron’s New 512GB Memory Module
• Positive Sentiment: India expansion: Micron opened a $2.75 billion semiconductor assembly and testing facility in India, with management expecting production to scale substantially next year. The project broadens manufacturing capacity and supports longer-term AI-related growth. Micron India Facility
• Positive Sentiment: Strong fundamentals and upcoming catalyst: Micron’s latest quarter substantially exceeded estimates, with revenue up roughly 346% year over year. Analysts remain optimistic because strategic contracts cover a meaningful portion of DRAM and NAND volumes, while the company maintains substantial net cash and low leverage. Micron Q4 Outlook
• Neutral Sentiment: Broader market support: Lower oil prices and Treasury yields improved sentiment toward technology shares, helping memory stocks recover alongside reports of potential Intel–SK Hynix U.S. manufacturing cooperation. Memory Stocks Rise
• Negative Sentiment: Risks remain elevated: Micron’s stock has already delivered a significant gain, remains highly volatile, and is consolidating below its 52-week high. Potential competition from Intel and SK Hynix, labor-related production concerns, routine insider selling, and the possibility of a large move around earnings could limit near-term upside. Micron Earnings Volatility

Micron Technology Price Performance

Shares of MU traded up $50.95 during trading hours on Thursday, reaching $977.50. 21,964,075 shares of the company traded hands, compared to its average volume of 42,768,016. 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 stock has a market capitalization of $1.10 trillion, a PE ratio of 22.13, a price-to-earnings-growth ratio of 0.59 and a beta of 2.22. Micron Technology, Inc. has a fifty-two week low of $154.65 and a fifty-two week high of $1,255.00. The stock has a fifty day simple moving average of $927.56 and a 200 day simple moving average of $767.95.

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, beating the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Analysts Set New Price Targets

MU has been the topic of a number of recent analyst reports. Wolfe Research set a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, June 25th. Citigroup dropped their target price on Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating on the stock in a research report on Friday, August 7th. New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 target price for the company in a research note on Friday, August 14th. Morgan Stanley raised their price target on Micron Technology from $1,050.00 to $1,200.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, Seaport Research Partners restated a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and an average target price of $1,295.63.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.