Micron Technology, Inc. $MU Shares Sold by Biltmore Wealth Management LLC

Biltmore Wealth Management LLC lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 26.6% in the 3rd quarter, according to its most recent filing with the SEC. The fund owned 5,531 shares of the semiconductor manufacturer’s stock after selling 2,000 shares during the period. Micron Technology accounts for approximately 0.4% of Biltmore Wealth Management LLC’s holdings, making the stock its 26th biggest holding. Biltmore Wealth Management LLC’s holdings in Micron Technology were worth $925,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. KG&L Capital Management LLC increased its holdings in shares of Micron Technology by 6.2% in the 3rd quarter. KG&L Capital Management LLC now owns 6,850 shares of the semiconductor manufacturer’s stock valued at $1,146,000 after acquiring an additional 398 shares during the last quarter. D.A. Davidson & CO. increased its stake in Micron Technology by 4.4% during the third quarter. D.A. Davidson & CO. now owns 58,256 shares of the semiconductor manufacturer’s stock valued at $9,747,000 after purchasing an additional 2,463 shares during the last quarter. Ellis Investment Partners LLC raised its holdings in shares of Micron Technology by 2.9% during the third quarter. Ellis Investment Partners LLC now owns 3,645 shares of the semiconductor manufacturer’s stock worth $610,000 after purchasing an additional 102 shares during the period. Accordant Advisory Group Inc lifted its position in shares of Micron Technology by 200.0% in the 3rd quarter. Accordant Advisory Group Inc now owns 300 shares of the semiconductor manufacturer’s stock worth $50,000 after buying an additional 200 shares during the last quarter. Finally, Motco grew its position in shares of Micron Technology by 120.1% during the 3rd quarter. Motco now owns 405 shares of the semiconductor manufacturer’s stock valued at $68,000 after buying an additional 221 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Stock Performance

MU stock opened at $312.15 on Tuesday. The company has a 50-day simple moving average of $247.71 and a 200 day simple moving average of $179.02. The company has a market capitalization of $351.33 billion, a P/E ratio of 29.67, a PEG ratio of 0.20 and a beta of 1.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $325.53.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The company had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s revenue was up 56.7% on a year-over-year basis. During the same period in the previous year, the firm earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, December 29th. Micron Technology’s dividend payout ratio is 4.37%.

Insider Activity

In related news, EVP Scott J. Deboer sold 82,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the transaction, the executive vice president owned 154,145 shares of the company’s stock, valued at $34,345,047.45. This trade represents a 34.72% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 22,500 shares of Micron Technology stock in a transaction dated Monday, October 27th. The stock was sold at an average price of $220.72, for a total value of $4,966,200.00. Following the transaction, the chief executive officer directly owned 446,578 shares in the company, valued at approximately $98,568,696.16. The trade was a 4.80% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 316,800 shares of company stock worth $71,658,387 in the last quarter. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MU. The Goldman Sachs Group raised their target price on shares of Micron Technology from $205.00 to $235.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. Susquehanna increased their price target on Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a research report on Monday, December 8th. Weiss Ratings upgraded Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Saturday, November 1st. Raymond James Financial increased their target price on Micron Technology from $190.00 to $310.00 and gave the stock an “outperform” rating in a research report on Thursday, December 18th. Finally, Mizuho raised their target price on Micron Technology from $270.00 to $290.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. Five 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. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average target price of $284.24.

Key Micron Technology News

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

• Positive Sentiment: Multiple analyst upgrades and higher price targets (Sanford C. Bernstein to $330) have pushed optimism around MU’s outlook and helped fuel the recent rally. Sanford C. Bernstein Boosts Micron Price Target
• Positive Sentiment: A Seeking Alpha piece upgraded Micron to Buy, citing a generational DRAM cycle, ~4x DRAM price surge and strong bit shipment growth — a thesis that supports more upside if shortages persist. Micron: It’s Like 1993 All Over Again (Rating Upgrade)
• Positive Sentiment: Quarterly results and guidance momentum underpin bullish estimates; coverage notes record revenue, big EPS beats and revised consensus forecasts that materially lift forward earnings expectations. Micron stock: here’s why it is still a buy despite mixed guidance
• Positive Sentiment: Structural tightness in memory (HBM demand for AI, constrained capacity) is repeatedly cited as a multi-quarter tailwind that should support price and margin expansion. Micron Technology Picks Up Right Where It Left Off
• Neutral Sentiment: Technical momentum: analysts and market write-ups note MU hit all-time highs and closed above key levels (~$315), which attracts momentum buyers but can also concentrate positioning. Micron Soars to All-Time High
• Neutral Sentiment: MarketBeat and other outlets profile MU as a top AI/memory play and “discount” relative to other hyper-growth AI names, supporting longer-term investor demand even after the rally. The S&P 500’s Top-Performing Sectors
• Negative Sentiment: Valuation and positioning risk: MU’s run has pushed valuation and positioning to levels that can trigger profit-taking; several pieces warn the market may be “front-running” upgraded consensus and a pullback is possible if sentiment cools. 5 Stocks Wall Street Repriced Higher Heading Into 2026

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.