Signature Estate & Investment Advisors LLC Cuts Stake in Micron Technology, Inc. $MU

Signature Estate & Investment Advisors LLC lowered its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 86.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,273 shares of the semiconductor manufacturer’s stock after selling 20,834 shares during the period. Signature Estate & Investment Advisors LLC’s holdings in Micron Technology were worth $3,755,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of MU. Norges Bank purchased a new stake in Micron Technology in the 4th quarter worth $6,433,456,000. AQR Capital Management LLC grew its position in shares of Micron Technology by 411.9% during the third quarter. AQR Capital Management LLC now owns 3,627,022 shares of the semiconductor manufacturer’s stock valued at $606,873,000 after purchasing an additional 2,918,535 shares in the last quarter. Arrowstreet Capital Limited Partnership grew its position in shares of Micron Technology by 1,340.6% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 2,820,986 shares of the semiconductor manufacturer’s stock valued at $805,148,000 after purchasing an additional 2,625,169 shares in the last quarter. Amundi increased its holdings in shares of Micron Technology by 65.0% in the fourth quarter. Amundi now owns 4,989,400 shares of the semiconductor manufacturer’s stock worth $1,424,025,000 after purchasing an additional 1,965,319 shares during the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Micron Technology by 1.9% in the fourth quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after purchasing an additional 1,954,644 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Key Stories Impacting 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.

Analysts Set New Price Targets

MU has been the topic of a number of research analyst reports. New Street Research upgraded Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 target price on the stock in a research report on Friday. Wedbush raised their price target on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Barclays lifted their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. UBS Group reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Finally, Deutsche Bank Aktiengesellschaft increased their target price on Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, Micron Technology presently has an average rating of “Buy” and a consensus price target of $1,259.97.

Micron Technology Stock Up 2.3%

Shares of NASDAQ:MU opened at $971.66 on Friday. 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, Inc. has a 12 month low of $113.46 and a 12 month high of $1,255.00. The company has a 50-day moving average price of $965.49 and a 200 day moving average price of $677.08. The company has a market cap of $1.10 trillion, a price-to-earnings ratio of 22.00 and a beta of 2.18.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. During the same quarter last year, the business posted $1.91 earnings per share. The firm’s revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a $0.15 dividend. 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%.

Insider Buying and Selling

In related news, CEO Sanjay Mehrotra sold 37,439 shares of the stock in a transaction on Friday, May 29th. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the sale, the chief executive officer owned 387,064 shares in the company, valued at approximately $371,728,524.32. This represents a 8.82% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 162,179 shares of company stock worth $167,811,861 in the last 90 days. Company insiders own 0.24% of the company’s stock.

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.