Turtle Creek Wealth Advisors LLC Has $2.53 Million Stock Holdings in Micron Technology, Inc. $MU

Turtle Creek Wealth Advisors LLC lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 9.1% during the 1st quarter, Holdings Channel reports. The firm owned 7,497 shares of the semiconductor manufacturer’s stock after purchasing an additional 627 shares during the quarter. Turtle Creek Wealth Advisors LLC’s holdings in Micron Technology were worth $2,533,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MU. 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. Elevation Wealth Partners LLC grew its position in shares of Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 71 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. Steigerwald Gordon & Koch Inc. increased its stake in shares of Micron Technology by 4,800.0% in the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after acquiring an additional 96 shares in the last quarter. Finally, Bayban acquired a new position in shares of Micron Technology during the 4th quarter valued at $29,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MU. DA Davidson increased their price objective on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Wedbush boosted their target price on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. KeyCorp upped their price target on Micron Technology from $600.00 to $1,600.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Rosenblatt Securities increased their price target on Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Finally, Susquehanna increased their price target on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a report on Thursday, June 25th. Five analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, Micron Technology currently has an average rating of “Buy” and an average price target of $1,263.76.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron continues to benefit from strong fundamental news, including a new long-term supply agreement with General Motors for automotive memory and storage, which expands its customer base beyond AI data centers. Micron and General Motors Sign Strategic Agreement to Secure Supply and Accelerate Innovation
• Positive Sentiment: Micron’s latest earnings report was described as a major beat, and several analysts reportedly raised price targets or maintained bullish views after the results, reinforcing the company’s strong demand outlook. Micron Stock Gets Set to Go Higher as KeyBanc Analyst Predicts ‘Continued Strong Demand’ in 2026
• Neutral Sentiment: Micron also announced a $250 million commitment to Trump Accounts, which is generating headlines but is less likely to materially change near-term operating results. Micron Technology Announces $250 Mln Investment In Trump Accounts
• Neutral Sentiment: There are still bullish commentary pieces arguing Micron remains a key AI and memory-play, but these are being offset by valuation concerns after the stock’s huge year-to-date surge. Is Micron Stock Too Expensive After Its Huge Run-Up?
• Negative Sentiment: Memory and semiconductor stocks are selling off broadly, with articles pointing to profit-taking, rotation out of high-growth tech, and memory-supply-glut fears hitting MU alongside peers like SanDisk and Western Digital. Micron stock extends decline despite Trump’s praise and bullish analyst views
• Negative Sentiment: Morningstar-linked commentary warned investors may want to trim exposure to AI memory names like Micron as the trade cools, adding to caution around the sector’s near-term momentum. Diversifying Tech Portfolios: Navigating AI Chip Surge & Finding New Opportunities
• Negative Sentiment: Additional pressure came from reports of a new class-action lawsuit targeting DRAM makers and from worries that competing supply sources, including possible China sourcing by Apple, could eventually challenge Micron’s pricing power. Samsung, SK Hynix, Micron sued over DRAM prices: what’s at stake

Micron Technology Trading Down 5.5%

Shares of MU stock opened at $975.56 on Friday. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The company has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 22.09 and a beta of 2.14. Micron Technology, Inc. has a 52-week low of $103.38 and a 52-week high of $1,255.00. The company has a 50-day simple moving average of $867.17 and a two-hundred day simple moving average of $549.79.

Micron Technology (NASDAQ:MU) last posted its 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 net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter last year, the firm 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. Research analysts anticipate that Micron Technology, Inc. will post 72.94 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, July 21st. Investors of record on Monday, July 6th will be 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 is Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is 1.36%.

Insiders Place Their Bets

In other news, Director Steven J. Gomo sold 2,000 shares of the firm’s stock in a transaction on Monday, May 11th. The stock was sold at an average price of $787.03, for a total transaction of $1,574,060.00. Following the completion of the sale, the director directly owned 17,139 shares of the company’s stock, valued at $13,488,907.17. This trade represents a 10.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction on 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 owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 147,300 shares of company stock worth $119,422,004 in the last ninety days. Company insiders own 0.24% of the company’s stock.

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.