<div id="readability-page-1"><p>Mirabaud &amp; Cie SA purchased a new stake in shares of  Micron Technology, Inc. (NASDAQ:MU - Free Report) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 13,200 shares of the semiconductor manufacturer's stock, valued at approximately $1,147,000.</p><div><p><span></span><span>Get <strong>Micron Technology</strong> alerts:</span></p></div><ul><li>MarketBeat Week in Review – 07/07 - 07/11</li></ul><p>Several other hedge funds and other institutional investors also recently added to or reduced their stakes in MU. FMR LLC lifted its position in shares of  Micron Technology by 34.6% during the 4th quarter. FMR LLC now owns 47,672,462 shares of the semiconductor manufacturer's stock worth $4,012,114,000 after purchasing an additional 12,249,341 shares during the last quarter.  Capital World Investors grew its holdings in  Micron Technology by 63.7% in the 4th quarter. Capital World Investors now owns 41,096,391 shares of the semiconductor manufacturer's stock valued at $3,458,673,000 after buying an additional 15,993,036 shares during the last quarter.  Capital International Investors increased its position in  Micron Technology by 36.3% in the 4th quarter. Capital International Investors now owns 16,437,080 shares of the semiconductor manufacturer's stock worth $1,383,442,000 after buying an additional 4,375,232 shares during the period.  Capital Research Global Investors lifted its holdings in shares of  Micron Technology by 139.7% during the fourth quarter. Capital Research Global Investors now owns 16,281,620 shares of the semiconductor manufacturer's stock worth $1,370,280,000 after buying an additional 9,489,579 shares during the last quarter.  Finally, Northern Trust Corp lifted its holdings in shares of  Micron Technology by 13.7% during the fourth quarter. Northern Trust Corp now owns 10,712,056 shares of the semiconductor manufacturer's stock worth $901,527,000 after buying an additional 1,287,063 shares during the last quarter. Institutional investors and hedge funds own  80.84% of the company's stock. </p><h2>Insider Buying and Selling</h2><p>In related news, EVP Manish H. Bhatia sold 80,000 shares of the stock in a transaction on Monday, June 30th. The shares were sold at an average price of $123.16, for a total transaction of $9,852,800.00. Following the completion of the transaction, the executive vice president owned 275,067 shares in the company, valued at approximately $33,877,251.72. This represents a 22.53% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Steven J. Gomo sold 7,000 shares of the firm's stock in a transaction on Friday, June 27th. The shares were sold at an average price of $125.15, for a total transaction of $876,050.00. Following the completion of the transaction, the director directly owned 22,762 shares of the company's stock, valued at approximately $2,848,664.30. This trade represents a 23.52% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 286,042 shares of company stock valued at $34,679,277. Corporate insiders own  0.30% of the company's stock. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>3 Tech Stocks Poised for Explosive EPS Growth in 2025</li></ul><p>MU has been the subject of several recent research reports. Mizuho upped their price target on Micron Technology from $124.00 to $130.00 and gave the company an &#34;outperform&#34; rating in a report on Thursday, June 5th. TD Cowen upped their target price on Micron Technology from $125.00 to $150.00 and gave the company a &#34;buy&#34; rating in a research note on Thursday, June 26th. KGI Securities downgraded shares of Micron Technology from a &#34;strong-buy&#34; rating to a &#34;hold&#34; rating in a research note on Wednesday, July 23rd. Robert W. Baird boosted their price target on shares of Micron Technology from $163.00 to $200.00 and gave the company an &#34;outperform&#34; rating in a report on Friday, June 27th. Finally, Raymond James Financial raised their price objective on shares of Micron Technology from $120.00 to $150.00 and gave the stock an &#34;outperform&#34; rating in a report on Thursday, June 26th. One research analyst  has rated the stock with a sell rating, five have issued  a hold rating, twenty have given a buy rating and one  has issued  a strong buy rating to the company. According to MarketBeat.com, Micron Technology currently has a consensus rating of &#34;Moderate Buy&#34; and a consensus price target of $146.44.</p><p><b>View Our Latest Stock Analysis on Micron Technology</b></p><h2>Micron Technology Trading Down 3.9%</h2><ul><li>Micron’s Big Q3 Drives Applied Materials’ Bullish Outlook</li></ul><p>MU opened at $104.88 on Friday. The firm's fifty day moving average is $114.36 and its two-hundred day moving average is $97.99. The firm has a market cap of $117.37 billion, a PE ratio of 18.90 and a beta of 1.37. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $129.85. The company has a debt-to-equity ratio of 0.30, a quick ratio of 1.89 and a current ratio of 2.75. </p><p>Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.34. The company had revenue of $9.30 billion during the quarter, compared to the consensus estimate of $8.83 billion. Micron Technology had a return on equity of 13.60% and a net margin of 18.41%. During the same period in the prior year, the company earned $0.62 earnings per share.  Equities research analysts anticipate that  Micron Technology, Inc. will post 6.08 EPS for the current year. </p><h2>Micron Technology Announces Dividend</h2><p>The company also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th were issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date was Monday, July 7th. Micron Technology's payout ratio is 8.29%. </p><h2>Micron Technology Profile</h2> (Free Report)<p>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.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Micron Technology</li><li>What Are Dividends? Buy the Best Dividend Stocks</li><li>MarketBeat Week in Review – 07/28 - 08/01</li><li>What is the S&amp;P/TSX Index?</li><li>Will Hims &amp; Hers Fall Along With Novo Nordisk?</li><li>Stock Trading Terms - Stock Terms Every Investor Needs to Know</li><li>Play It Cool: Why Comfort Systems USA Is a Hidden AI Winner</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVU?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9TVU"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Micron Technology Right Now?</h2><p>Before you consider Micron Technology, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Micron Technology wasn't on the list.</p><p>While Micron Technology currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Mirabaud & Cie SA acquired 13,200 shares of Micron Technology, Inc. (NASDAQ:MU) valued at approximately $1.15 million in Q1, according to SEC filings. Other institutional investors also increased their stakes, with FMR LLC raising its position by 34.6%. Insider trading included EVP Manish H. Bhatia selling 80,000 shares. Analysts have mixed ratings on Micron, with price targets ranging from $130 to $200. The stock currently has a consensus rating of "Moderate Buy" and opened at $104.88.</p>

- Mirabaud & Cie SA acquired 13,200 shares of Micron Technology, valued at approximately $1,147,000, during the 1st quarter.  
- Several institutional investors increased their stakes in Micron, with FMR LLC owning over 47 million shares worth $4 billion after a 34.6% increase.  
- Micron reported $1.91 earnings per share for the last quarter, exceeding estimates, and declared a quarterly dividend of $0.115, reflecting a 0.4% yield.

13,200 Shares in Micron Technology, Inc. (NASDAQ:MU) Acquired by Mirabaud & Cie SA