602 Shares in Micron Technology, Inc. $MU Bought by Arta Finance Wealth Management LLC

Arta Finance Wealth Management LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the first quarter, HoldingsChannel.com reports. The firm acquired 602 shares of the semiconductor manufacturer’s stock, valued at approximately $203,000.

Other institutional investors also recently bought and sold shares of the company. Cardinal Point Capital Management ULC grew its position in shares of Micron Technology by 12.8% during the 1st quarter. Cardinal Point Capital Management ULC now owns 2,139 shares of the semiconductor manufacturer’s stock valued at $723,000 after acquiring an additional 243 shares during the period. Ritholtz Wealth Management raised its holdings in Micron Technology by 36.7% in the 1st quarter. Ritholtz Wealth Management now owns 31,468 shares of the semiconductor manufacturer’s stock worth $10,631,000 after purchasing an additional 8,455 shares during the period. Tanager Wealth Management LLP raised its holdings in Micron Technology by 5.8% in the 1st quarter. Tanager Wealth Management LLP now owns 1,902 shares of the semiconductor manufacturer’s stock worth $643,000 after purchasing an additional 104 shares during the period. Global Financial Private Client LLC purchased a new position in Micron Technology during the first quarter valued at $226,000. Finally, Friedenthal Financial purchased a new position in Micron Technology during the first quarter valued at $1,089,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Down 1.3%

NASDAQ MU opened at $1,037.93 on Thursday. Micron Technology, Inc. has a 12 month low of $103.38 and a 12 month high of $1,213.56. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The stock has a market cap of $1.17 trillion, a PE ratio of 49.01 and a beta of 2.16. The stock’s 50 day moving average is $788.74 and its 200 day moving average is $513.50.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $20.98 by $4.13. The business had revenue of $41.46 billion during the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The company’s revenue was up 345.8% on a year-over-year basis. During the same period last year, the firm posted $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts predict that Micron Technology, Inc. will post 60.34 EPS for the current fiscal year.

Wall Street Analyst Weigh In

MU has been the subject of a number of analyst reports. Susquehanna upped their price target on Micron Technology from $600.00 to $1,750.00 and gave the stock a “positive” rating in a research report on Friday, May 29th. Summit Insights cut Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, March 19th. Bank of America boosted their price objective on Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday. Raymond James Financial increased their target price on shares of Micron Technology from $530.00 to $1,100.00 and gave the stock an “outperform” rating in a report on Monday, June 1st. Finally, Citigroup raised their target price on shares of Micron Technology from $840.00 to $1,200.00 and gave the stock a “buy” rating in a research note on Wednesday, June 17th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus target price of $1,013.13.

Insider Activity at Micron Technology

In other Micron Technology news, Director Steven J. Gomo sold 2,000 shares of Micron Technology stock in a transaction on Monday, May 11th. The shares were sold at an average price of $787.03, for a total value of $1,574,060.00. Following the sale, the director directly owned 17,139 shares in the company, valued at approximately $13,488,907.17. The trade was a 10.45% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction on Friday, May 1st. The stock was sold at an average price of $536.26, for a total transaction of $21,450,400.00. Following the completion of the sale, the chief executive officer owned 424,503 shares in the company, valued at approximately $227,643,978.78. The trade was a 8.61% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 146,000 shares of company stock worth $85,486,715 in the last three months. Insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron reported fiscal Q3 revenue of $41.46 billion and non-GAAP EPS of $25.11, both far above Wall Street estimates, showing that AI-related memory demand is still accelerating. Article Title
• Positive Sentiment: The company issued stronger-than-expected Q4 guidance, with revenue and EPS forecasts well above consensus, signaling that the growth trajectory may continue into the next quarter. Article Title
• Positive Sentiment: Several reports highlighted Micron’s record margins and “blowout” results, with bullish commentary saying the AI trade is still alive and that pricing power is improving as memory shortages persist. Article Title
• Positive Sentiment: Analysts responded with higher price targets and upgrades, reinforcing confidence that Micron’s AI-driven earnings power may justify a richer valuation. Article Title
• Neutral Sentiment: The stock had been volatile ahead of earnings because of a broader tech sell-off and concerns that AI spending was getting overheated, so expectations were very high going into the report. Article Title
• Neutral Sentiment: Micron’s elevated capital spending plans and some analyst warnings suggest investors may still watch closely for signs that the memory boom cools or margins normalize later on. Article Title

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.