Doliver Advisors LP Has $1.84 Million Holdings in Micron Technology, Inc. $MU

Doliver Advisors LP increased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 56.3% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 11,010 shares of the semiconductor manufacturer’s stock after buying an additional 3,964 shares during the period. Doliver Advisors LP’s holdings in Micron Technology were worth $1,842,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of MU. First Command Advisory Services Inc. boosted its position in shares of Micron Technology by 225.0% during the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 153 shares in the last quarter. Howard Hughes Medical Institute bought a new stake in Micron Technology in the second quarter worth approximately $30,000. AlphaQuest LLC lifted its stake in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock valued at $33,000 after buying an additional 265 shares during the period. WealthCollab LLC boosted its holdings in shares of Micron Technology by 4,500.0% during the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock worth $34,000 after buying an additional 270 shares in the last quarter. Finally, Hilltop National Bank acquired a new stake in shares of Micron Technology during the 2nd quarter worth approximately $37,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $232.51 on Wednesday. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. The business has a 50-day simple moving average of $224.96 and a two-hundred day simple moving average of $162.38. The company has a market capitalization of $261.37 billion, a P/E ratio of 30.63, a price-to-earnings-growth ratio of 0.38 and a beta of 1.54. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $264.75.

Micron Technology (NASDAQ:MU) last posted its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $3.03 earnings per share for the quarter, beating analysts’ consensus estimates of $2.86 by $0.17. The company had revenue of $11.32 billion for the quarter, compared to analyst estimates of $11.05 billion. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The company’s revenue for the quarter was up 46.1% on a year-over-year basis. During the same quarter last year, the company earned $1.18 earnings per share. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Research analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd were issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.2%. The ex-dividend date of this dividend was Friday, October 3rd. Micron Technology’s payout ratio is currently 6.06%.

Analyst Ratings Changes

A number of research analysts recently issued reports on MU shares. Needham & Company LLC boosted their target price on shares of Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday. Mizuho upped their price objective on shares of Micron Technology from $265.00 to $270.00 and gave the company an “outperform” rating in a report on Thursday, December 4th. Cowen restated a “buy” rating on shares of Micron Technology in a research note on Thursday, December 11th. Rosenblatt Securities reaffirmed a “buy” rating and set a $300.00 price target on shares of Micron Technology in a research note on Monday. Finally, BNP Paribas Exane upgraded Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price target on the stock in a report on Monday, October 13th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology currently has an average rating of “Buy” and an average price target of $242.79.

Insider Activity

In other Micron Technology news, CEO Sanjay Mehrotra sold 3,743 shares of the company’s stock in a transaction dated Friday, November 7th. The shares were sold at an average price of $233.39, for a total value of $873,578.77. Following the completion of the sale, the chief executive officer directly owned 396,578 shares of the company’s stock, valued at approximately $92,557,339.42. This represents a 0.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Scott R. Allen sold 8,800 shares of the stock in a transaction dated Monday, October 20th. The shares were sold at an average price of $210.02, for a total transaction of $1,848,176.00. Following the completion of the sale, the chief accounting officer owned 40,237 shares of the company’s stock, valued at approximately $8,450,574.74. This trade represents a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 384,852 shares of company stock worth $81,806,895. 0.24% of the stock is owned by insiders.

About Micron Technology

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.