Trivium Point Advisory LLC Has $22.83 Million Stock Holdings in Micron Technology, Inc. $MU

Trivium Point Advisory LLC lifted its position in Micron Technology, Inc. (NASDAQ:MU) by 135.5% in the second quarter, HoldingsChannel.com reports. The firm owned 19,781 shares of the semiconductor manufacturer’s stock after purchasing an additional 11,382 shares during the quarter. Micron Technology comprises about 2.1% of Trivium Point Advisory LLC’s investment portfolio, making the stock its 9th biggest holding. Trivium Point Advisory LLC’s holdings in Micron Technology were worth $22,833,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of MU. First National Bank & Trust Co. of Newtown bought a new position in Micron Technology in the 2nd quarter worth $372,000. Chase Investment Counsel Corp increased its stake in Micron Technology by 17.9% in the 2nd quarter. Chase Investment Counsel Corp now owns 11,335 shares of the semiconductor manufacturer’s stock worth $13,083,000 after buying an additional 1,717 shares in the last quarter. N.E.W. Advisory Services LLC raised its holdings in Micron Technology by 54.4% during the second quarter. N.E.W. Advisory Services LLC now owns 1,515 shares of the semiconductor manufacturer’s stock valued at $1,749,000 after acquiring an additional 534 shares during the period. HBK Sorce Advisory LLC raised its holdings in Micron Technology by 3.9% during the second quarter. HBK Sorce Advisory LLC now owns 8,449 shares of the semiconductor manufacturer’s stock valued at $9,753,000 after acquiring an additional 320 shares during the period. Finally, Peachtree Investment Partners LLC purchased a new position in shares of Micron Technology in the second quarter valued at about $1,250,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Nvidia said memory availability has become a key constraint on AI expansion and indicated it is willing to pay higher prices. The comments support demand, pricing power and margins for Micron’s DRAM and high-bandwidth memory products. Nvidia’s reported memory-related purchase commitments reportedly more than doubled to $279 billion. Nvidia Says Memory Is a Key Constraint
• Positive Sentiment: President Donald Trump praised Micron’s planned $10 billion investment in U.S. research laboratories, saying it should strengthen America’s position in AI and advanced computing. The announcement reinforces potential strategic and government support for Micron’s domestic expansion. Trump Hails Micron’s U.S. Research Investment
• Positive Sentiment: Recent results remain a major fundamental support: Micron reported $41.46 billion in quarterly revenue and $25.11 in EPS, far exceeding estimates, with revenue up 345.8% year over year. Commentary also highlighted an 84.9% non-GAAP gross margin, surpassing Nvidia’s reported adjusted margin. Micron’s Gross Margin Beat Nvidia’s
• Neutral Sentiment: Micron appointed Manish Bhatia as president and chief operating officer and Scott DeBoer as president and chief technology and products officer. The changes are intended to improve execution during the AI memory expansion but are unlikely to materially alter near-term results. Micron will report fiscal fourth-quarter results on September 30. Micron Announces Leadership Appointments
• Negative Sentiment: Investors appear to be locking in gains after Micron’s powerful rally, while Nvidia’s disclosures raised concerns that memory scarcity could restrict AI hardware deliveries rather than simply boost Micron sales. Potential U.S. chip tariffs and a broader debate over interest rates add to uncertainty. Why Is Micron Stock Falling?
• Negative Sentiment: Competitive risks persist from Chinese memory producer YMTC, while Micron CEO Sanjay Mehrotra’s sale of 40,000 shares for approximately $38.8 million may weigh on sentiment, although insider sales do not necessarily indicate a change in business outlook. Micron CEO Share Sale

Analyst Ratings Changes

MU has been the subject of several research analyst reports. Morgan Stanley increased their target price on Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Needham & Company LLC boosted their price target on Micron Technology from $1,550.00 to $1,650.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. UBS Group reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Stifel Nicolaus lifted their price objective on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 18th. Finally, Deutsche Bank Aktiengesellschaft boosted their target price on shares of Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Four research 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. According to MarketBeat.com, Micron Technology presently has a consensus rating of “Buy” and a consensus target price of $1,295.63.

Micron Technology Stock Performance

NASDAQ:MU opened at $935.74 on Friday. The company has a market cap of $1.06 trillion, a price-to-earnings ratio of 21.18 and a beta of 2.18. Micron Technology, Inc. has a 1 year low of $114.25 and a 1 year high of $1,255.00. The stock’s 50 day simple moving average is $955.65 and its two-hundred day simple moving average is $713.18. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98.

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

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is presently 1.36%.

Insiders Place Their Bets

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president directly owned 85,737 shares of the company’s stock, valued at $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 177,179 shares of company stock worth $182,127,955. Insiders own 0.24% of the company’s stock.

Micron Technology Company 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.