<div id="readability-page-1"><p>St. Louis Trust Co purchased a new stake in  Micron Technology, Inc. (NASDAQ:MU - Free Report) in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 2,296 shares of the semiconductor manufacturer's stock, valued at approximately $283,000.</p><div><p><span></span><span>Get <strong>Micron Technology</strong> alerts:</span></p></div><ul><li>Micron’s Stock Price Rally Is Not Over: MU $190 Is Coming Soon</li></ul><p>A number of other hedge funds and other institutional investors have also modified their holdings of MU. Nuveen LLC acquired a new position in shares of  Micron Technology in the 1st quarter valued at $369,191,000.  Vanguard Group Inc. boosted its position in shares of  Micron Technology by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 101,906,368 shares of the semiconductor manufacturer's stock valued at $8,854,644,000 after purchasing an additional 2,049,163 shares during the period.  Goldman Sachs Group Inc. boosted its position in  Micron Technology by 23.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 10,616,488 shares of the semiconductor manufacturer's stock worth $922,467,000 after acquiring an additional 2,038,641 shares during the period.  Dimensional Fund Advisors LP boosted its position in  Micron Technology by 26.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,800,052 shares of the semiconductor manufacturer's stock worth $590,807,000 after acquiring an additional 1,416,174 shares during the period.  Finally, Keystone Investors PTE Ltd. acquired a new stake in  Micron Technology during the 1st quarter worth about $96,253,000. Institutional investors and hedge funds own  80.84% of the company's stock. </p><h2>Micron Technology Stock Down 5.6%</h2><p>MU opened at $181.60 on Monday. Micron Technology, Inc. has a fifty-two week low of $61.54 and a fifty-two week high of $201.00. The business has a 50-day moving average of $142.80 and a 200-day moving average of $114.16. The company has a debt-to-equity ratio of 0.26, a current ratio of 2.52 and a quick ratio of 1.79. The company has a market capitalization of $203.84 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 0.40 and a beta of 1.56. </p><ul><li>Why Micron Stock Could Outperform NVIDIA in 2025</li></ul><p>Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share for the quarter, hitting analysts' consensus estimates of $2.86. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The company had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period last year, the business earned $1.18 EPS. The business's quarterly revenue was up 46.1% on a year-over-year basis.  Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities research analysts forecast that  Micron Technology, Inc. will post 6.08 EPS for the current fiscal year. </p><h2>Micron Technology Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Friday, October 3rd will be paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Friday, October 3rd. Micron Technology's dividend payout ratio (DPR) is presently 6.06%. </p><h2>Insider Buying and Selling</h2><ul><li>Micron Stock Still Cheap Despite 25% Rally, Analysts Say</li></ul><p>In related news, CEO Sanjay Mehrotra sold 21,563 shares of the firm's stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $188.47, for a total value of $4,063,978.61. Following the transaction, the chief executive officer directly owned 272,648 shares of the company's stock, valued at approximately $51,385,968.56. This trade represents a 7.33% decrease in their position. The sale was disclosed in a legal filing with the Securities &amp; Exchange Commission, which is accessible through this link. Also, EVP April S. Arnzen sold 15,000 shares of the firm's stock in a transaction that occurred on Tuesday, September 30th. The shares were sold at an average price of $164.04, for a total value of $2,460,600.00. Following the completion of the transaction, the executive vice president directly owned 131,580 shares in the company, valued at $21,584,383.20. The trade was a 10.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 146,956 shares of company stock valued at $22,841,025 over the last 90 days. 0.30% of the stock is currently owned by insiders. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have commented on MU shares. Citigroup raised their price objective on Micron Technology from $175.00 to $200.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, September 24th. Wedbush raised their price objective on Micron Technology from $200.00 to $220.00 and gave the stock an &#34;outperform&#34; rating in a research report on Wednesday, September 24th. Rosenblatt Securities raised their price objective on Micron Technology from $200.00 to $250.00 and gave the stock a &#34;buy&#34; rating in a research report on Wednesday, September 24th. Stifel Nicolaus raised their price objective on Micron Technology from $173.00 to $195.00 and gave the stock a &#34;buy&#34; rating in a research report on Monday, September 22nd. Finally, Bank of America raised their price objective on Micron Technology from $140.00 to $180.00 and gave the stock a &#34;neutral&#34; rating in a research report on Wednesday, September 24th. Four analysts have rated the stock with a Strong Buy rating, twenty-four have assigned  a Buy rating and four have assigned  a Hold rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of &#34;Buy&#34; and a consensus price target of $191.78.</p><p><b>View Our Latest Research Report on MU</b></p><h2>Micron Technology Company 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>How to Effectively Use the MarketBeat Ratings Screener</li><li>Microsoft 365 Premium Marks the Next Phase of AI Monetization</li><li>A Deeper Look at Bid-Ask Spreads</li><li>Could Target’s Week of Discounts Come Full Circle for Investors?</li><li>The Significance of Brokerage Rankings in Stock Selection</li><li>3 Reasons to Buy Sprouts Farmers Market Ahead of Earnings</li></ul><p><strong>Want to see what other hedge funds are holding MU?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU - Free Report).</p><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 Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>St. Louis Trust Co acquired a new stake in Micron Technology, Inc. (NASDAQ: MU) during Q2, purchasing 2,296 shares valued at approximately $283,000. Other institutional investors, including Nuveen LLC and Vanguard Group, also increased their holdings in Micron. The company reported Q4 earnings of $2.86 per share, meeting analysts' expectations, with revenue of $11.32 billion. Micron announced a quarterly dividend of $0.115, payable on October 21. CEO Sanjay Mehrotra and EVP April S. Arnzen sold shares recently, reducing their stakes in the company.</p>

- St. Louis Trust Co acquired 2,296 shares of Micron Technology, valued at approximately $283,000, in the second quarter.  
- Institutional investors hold 80.84% of Micron's stock, with significant positions taken by firms like Nuveen LLC and Vanguard Group Inc.  
- Micron reported $2.86 earnings per share for the last quarter, exceeding estimates, and announced a quarterly dividend of $0.115, reflecting a 0.3% yield.

St. Louis Trust Co Purchases New Shares in Micron Technology, Inc. $MU