Goelzer Investment Management Inc. Takes $1.23 Million Position in Micron Technology, Inc. $MU

Goelzer Investment Management Inc. purchased a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 1,062 shares of the semiconductor manufacturer’s stock, valued at approximately $1,226,000.

Several other institutional investors and hedge funds have also modified their holdings of MU. High Note Wealth LLC grew its position 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 acquiring an additional 34 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new position in shares of Micron Technology in the first quarter worth about $27,000. Bayban bought a new position in shares of Micron Technology in the fourth quarter worth about $29,000. GHP Investment Advisors Inc. boosted its stake in shares of Micron Technology by 91.2% in the 4th quarter. GHP Investment Advisors Inc. now owns 109 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 52 shares in the last quarter. Finally, Joseph Group Capital Management acquired a new stake in shares of Micron Technology in the 4th quarter valued at approximately $31,000. 80.84% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Micron Technology

In other news, EVP April S. Arnzen sold 40,000 shares of Micron Technology stock in a transaction dated Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total transaction of $43,357,600.00. Following the completion of the transaction, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. This trade represents a 31.81% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the transaction, the director owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This trade represents a 6.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 162,179 shares of company stock valued at $167,811,861 over the last ninety days. 0.24% of the stock is currently owned by corporate insiders.

Key Headlines 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.

Analyst Ratings Changes

A number of research firms recently issued reports on MU. Weiss Ratings reiterated a “buy (b)” rating on shares of Micron Technology in a research report on Friday, August 7th. Mizuho raised their target price on shares of Micron Technology from $1,150.00 to $1,375.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Citigroup decreased their target price on shares of Micron Technology from $1,400.00 to $1,150.00 and set a “buy” rating on the stock in a research note on Friday, August 7th. Deutsche Bank Aktiengesellschaft upped their price target 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. Finally, Rosenblatt Securities increased their price target on Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $1,259.97.

Micron Technology Trading Up 2.3%

NASDAQ:MU opened at $971.66 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 firm’s fifty day moving average is $965.49 and its 200-day moving average is $677.08. Micron Technology, Inc. has a 52 week low of $113.46 and a 52 week high of $1,255.00. The firm has a market cap of $1.10 trillion, a P/E ratio of 22.00 and a beta of 2.18.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share 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 analyst estimates of $35.91 billion. During the same period last year, the company posted $1.91 EPS. The business’s quarterly 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. Equities analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued 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 was Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is currently 1.36%.

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.