Ausdal Financial Partners Inc. Raises Holdings in Micron Technology, Inc. $MU

Ausdal Financial Partners Inc. lifted its position in shares of Micron Technology, Inc. (NASDAQ:MUFree Report) by 23.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 13,935 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,661 shares during the period. Ausdal Financial Partners Inc.’s holdings in Micron Technology were worth $2,332,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in MU. REAP Financial Group LLC purchased a new position in Micron Technology during the 3rd quarter worth approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in Micron Technology in the third quarter valued at approximately $27,000. Howard Hughes Medical Institute purchased a new stake in Micron Technology in the second quarter valued at approximately $30,000. Cullen Frost Bankers Inc. boosted its holdings in shares of Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the period. Finally, WealthCollab LLC boosted its holdings in shares of Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after acquiring an additional 270 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on MU shares. Barclays lifted their target price on shares of Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a report on Friday, January 16th. William Blair assumed coverage on shares of Micron Technology in a research note on Thursday, January 22nd. They set an “outperform” rating for the company. Sanford C. Bernstein raised their price objective on shares of Micron Technology from $270.00 to $330.00 and gave the stock an “outperform” rating in a research report on Friday, January 2nd. Needham & Company LLC lifted their price objective on shares of Micron Technology from $380.00 to $450.00 and gave the company a “buy” rating in a research note on Tuesday, February 17th. Finally, Mizuho raised their price target on Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a report on Tuesday, January 27th. Six equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $389.41.

Check Out Our Latest Analysis on Micron Technology

Insider Buying and Selling

In other Micron Technology news, EVP Sumit Sadana sold 25,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, Director Teyin M. Liu bought 7,820 shares of the business’s stock in a transaction dated Wednesday, January 14th. The shares were acquired at an average cost of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the purchase, the director owned 25,910 shares in the company, valued at approximately $8,744,625. This represents a 43.23% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. In the last three months, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by company insiders.

More Micron Technology News

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

Micron Technology Stock Up 5.1%

Shares of Micron Technology stock opened at $426.13 on Monday. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $455.50. The company has a market cap of $479.61 billion, a P/E ratio of 40.51 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The firm has a fifty day moving average of $391.35 and a two-hundred day moving average of $273.84.

Micron Technology (NASDAQ:MUGet Free Report) last issued its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the previous year, the firm earned $1.79 earnings per share. The business’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s payout ratio is currently 4.37%.

Micron Technology Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

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