Integrity Financial Corp WA Takes Position in Micron Technology, Inc. $MU

Integrity Financial Corp WA purchased a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 519 shares of the semiconductor manufacturer’s stock, valued at approximately $599,000.

Other large investors have also modified their holdings of the company. Kraft Davis & Associates LLC lifted its position in Micron Technology by 4.9% in the 2nd quarter. Kraft Davis & Associates LLC now owns 561 shares of the semiconductor manufacturer’s stock valued at $648,000 after purchasing an additional 26 shares during the last quarter. Strengthening Families & Communities LLC grew its position in Micron Technology by 16.5% in the 2nd quarter. Strengthening Families & Communities LLC now owns 368 shares of the semiconductor manufacturer’s stock worth $424,000 after purchasing an additional 52 shares during the last quarter. Greenspring Advisors LLC grew its position in Micron Technology by 10.6% in the 2nd quarter. Greenspring Advisors LLC now owns 1,199 shares of the semiconductor manufacturer’s stock worth $1,384,000 after purchasing an additional 115 shares during the last quarter. Paragon Private Wealth Management LLC increased its stake in shares of Micron Technology by 17.2% in the second quarter. Paragon Private Wealth Management LLC now owns 1,526 shares of the semiconductor manufacturer’s stock valued at $1,762,000 after purchasing an additional 224 shares during the period. Finally, Mayport LLC acquired a new stake in shares of Micron Technology in the second quarter valued at approximately $306,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insiders Place Their Bets

In related news, Director Lynn A. Dugle sold 1,300 shares of Micron Technology 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 directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the sale, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 177,204 shares of company stock valued at $182,156,264. 0.24% of the stock is currently owned by insiders.

Micron Technology Price Performance

NASDAQ MU opened at $977.41 on Friday. Micron Technology, Inc. has a 12 month low of $147.61 and a 12 month high of $1,255.00. The firm has a market capitalization of $1.10 trillion, a PE ratio of 22.13, a P/E/G ratio of 0.65 and a beta of 2.22. The company’s 50 day simple moving average is $929.44 and its 200 day simple moving average is $753.37. 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 released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm’s revenue for the quarter was up 345.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders 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 payout ratio is currently 1.36%.

More Micron Technology News

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

• Positive Sentiment: Micron has reportedly signed multiyear strategic customer agreements covering approximately $22 billion in memory supply through 2030, including guaranteed floor prices. The contracts could improve revenue visibility and reduce the impact of the traditional memory-chip cycle. Micron: The Show Goes On
• Positive Sentiment: AI data-center demand continues to strain DRAM and high-bandwidth memory supplies. Micron is reportedly only 1.6 percentage points behind the No. 2 DRAM supplier after narrowing a 6.4-point gap in one quarter, suggesting potential market-share gains. Micron Is 1.6 Points From Taking the No. 2 Spot in DRAM
• Positive Sentiment: Recent results were exceptionally strong: quarterly revenue rose 345.8% year over year to $41.46 billion, while earnings exceeded analyst estimates. Analysts remain focused on whether elevated memory pricing and AI demand can support another leg higher. Micron’s Earnings Could Be a Catalyst for AI
• Neutral Sentiment: Investors are looking ahead to Micron’s September 30 earnings report for evidence that margins, memory prices and demand remain durable after the stock’s major AI-driven rally. A bullish outlook points to multiyear supply shortages, while historical memory cycles remain a concern. Micron’s Boom-and-Bust Risk
• Negative Sentiment: Thursday’s decline reflected a wider memory-stock selloff as rising oil prices increased inflation and interest-rate concerns, pressuring high-beta technology shares. Why Memory Stocks Are Falling
• Negative Sentiment: Valuation concerns have intensified after MU’s 662% one-year rally. Critics argue much of the AI upside is already reflected in the stock, while dependence on a major customer and the possibility of renewed memory oversupply create downside risk. Micron’s Rally Created a Problem Wall Street Cannot Ignore
• Negative Sentiment: Intel-backed startup Kepler Computing is targeting the memory-chip market, raising longer-term competitive concerns. Investors are also questioning whether China’s AI-chip development could eventually weaken Micron’s pricing power. Intel-Backed Startup Takes Aim at Memory

Wall Street Analysts Forecast Growth

MU has been the subject of several analyst reports. Morgan Stanley boosted their price objective 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. KeyCorp restated an “overweight” rating on shares of Micron Technology in a research report on Monday, July 20th. Citigroup cut their target price on 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. Raymond James Financial boosted their price target on Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Finally, TD Cowen reissued a “buy” rating on shares of Micron Technology in a research note on Friday, July 10th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned 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 $1,295.63.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.