FNY Investment Advisers LLC Boosts Stake in Micron Technology, Inc. $MU

FNY Investment Advisers LLC increased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 3,298.0% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 1,699 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,649 shares during the period. Micron Technology makes up about 0.7% of FNY Investment Advisers LLC’s portfolio, making the stock its 27th largest holding. FNY Investment Advisers LLC’s holdings in Micron Technology were worth $1,961,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. High Note Wealth LLC boosted its position in Micron Technology by 65.4% during the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock worth $25,000 after purchasing an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Micron Technology in the first quarter valued at approximately $27,000. Steigerwald Gordon & Koch Inc. increased its position in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 96 shares in the last quarter. Bayban purchased a new stake in shares of Micron Technology in the fourth quarter valued at approximately $29,000. Finally, GHP Investment Advisors Inc. raised its stake in shares of Micron Technology by 91.2% during the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 52 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MU. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research report on Monday, July 20th. UBS Group boosted their price target on shares of Micron Technology from $535.00 to $1,625.00 and gave the stock a “buy” rating in a report on Tuesday, May 26th. DA Davidson upped 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. Citigroup increased their price objective on shares of Micron Technology from $1,200.00 to $1,400.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Finally, Deutsche Bank Aktiengesellschaft lifted their target price on shares of 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 research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Micron Technology has a consensus rating of “Buy” and an average price target of $1,268.93.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron remains a favored growth stock because its fiscal third-quarter results were well above expectations, with $41.5 billion in revenue, $25.11 in adjusted EPS and revenue growth of more than 345% year over year. The company also issued strong fourth-quarter guidance. Micron & 2 Profitable Stocks Smart Investors Are Buying in August
• Positive Sentiment: AI infrastructure demand continues to support Micron’s high-bandwidth memory business. Industry commentary indicates that memory demand may exceed global supply for several years, while Micron’s 2026 HBM output is reportedly sold out and customer agreements provide additional revenue visibility. How SpaceX’s Earnings Call Turned Bullish for Memory Stocks
• Positive Sentiment: Several analysts and financial publications view MU as attractively valued after its pullback, with reported price targets materially above the current trading level. Record cash flow could also support share repurchases across the memory industry. Micron Is an Incredible Bargain Below $1,000

Insider Buying and Selling at Micron Technology

In other news, CEO Sanjay Mehrotra sold 31,285 shares of the firm’s stock in a transaction dated Friday, July 24th. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55. Following the transaction, the chief executive officer directly owned 313,218 shares of the company’s stock, valued at approximately $290,299,838.94. This trade represents a 9.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Lynn A. Dugle sold 1,300 shares of the business’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 164,179 shares of company stock valued at $169,385,921. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Performance

NASDAQ MU opened at $881.47 on Friday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. The stock’s 50 day simple moving average is $976.89 and its 200-day simple moving average is $657.02. The company has a market cap of $995.52 billion, a PE ratio of 19.96 and a beta of 2.18. Micron Technology, Inc. has a 1-year low of $110.79 and a 1-year high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued 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 firm had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same period in the previous year, the business earned $1.91 earnings per share. The firm’s revenue for the quarter 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 anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently announced 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 of this dividend was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is presently 1.36%.

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.