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2026-09-09 12:09 16h ago
2026-09-09 08:05 20h ago
Oracle or Adobe: Which Earnings Report Will Reveal the True Growth Story?
ORCL Oracle Corp
FMP Stock News
Original source text
Adobe and Oracle both report earnings soon, but one carries a debt load that could turn a portfolio anchor into a leveraged bet on AI infrastructure holding together.
2026-09-09 12:08 16h ago
2026-09-09 07:00 21h ago
U.S. Bank Launches USBDC Stablecoin
USB US Bancorp
FMP Stock News
Original source text
MINNEAPOLIS--(BUSINESS WIRE)--U.S. Bank today announced the successful execution of a live pilot transaction utilizing USBDC, the bank's proprietary U.S. dollar-backed stablecoin.
2026-09-09 12:08 16h ago
2026-09-09 07:53 20h ago
US Bancorp executes first live transaction using dollar-backed USBDC stablecoin
USB US Bancorp
FMP Stock News
Original source text
U.S. Bancorp said on Wednesday it completed a live pilot ​transaction using its proprietary U.S. ‌dollar-backed stablecoin, USBDC as lenders race to develop blockchain-based payment networks with stablecoins ​gaining wider adoption.
2026-09-09 12:08 16h ago
2026-09-09 04:09 1d ago
Costco Wholesale Corporation $COST Shares Sold by Denali Advisors LLC
COST Costco Wholesale
FMP Stock News
Original source text
Denali Advisors LLC lowered its position in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 6.6% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 8,050 shares of the retailer’s stock after selling 569 shares during the quarter. Denali Advisors LLC’s holdings in Costco Wholesale were worth $7,531,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. NewEdge Wealth LLC bought a new position in shares of Costco Wholesale during the 2nd quarter valued at about $33,134,000. Patrick Mauro Investment Advisor INC. acquired a new position in Costco Wholesale in the second quarter worth approximately $2,631,000. Smith Partners Wealth Management LLC bought a new position in shares of Costco Wholesale in the second quarter valued at $249,000. TPG Financial Advisors LLC bought a new position in shares of Costco Wholesale in the second quarter valued at $307,000. Finally, Empirical Asset Management LLC acquired a new stake in shares of Costco Wholesale during the 2nd quarter valued at $758,000. 68.48% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth COST has been the subject of several research reports. DA Davidson reissued a “neutral” rating and set a $1,000.00 price objective on shares of Costco Wholesale in a research note on Thursday, September 3rd. TD Cowen reissued a “buy” rating and issued a $1,175.00 price target on shares of Costco Wholesale in a research note on Wednesday, June 3rd. Roth Capital upped their price objective on shares of Costco Wholesale from $769.00 to $781.00 and gave the company a “sell” rating in a research note on Friday, May 29th. UBS Group raised their target price on shares of Costco Wholesale from $1,205.00 to $1,275.00 and gave the stock a “buy” rating in a report on Wednesday, May 20th. Finally, Bank of America lifted their target price on shares of Costco Wholesale from $1,185.00 to $1,200.00 and gave the stock a “buy” rating in a research report on Friday, May 29th. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,056.03.

Get Our Latest Analysis on Costco Wholesale Key Headlines Impacting Costco Wholesale Here are the key news stories impacting Costco Wholesale this week:

Positive Sentiment: Strong fourth-quarter sales: Costco reported fourth-quarter net sales of $93.9 billion, up 11.3% year over year. Digitally enabled comparable sales increased 19.5%, suggesting e-commerce and omnichannel initiatives remain important growth drivers. Costco’s Q4 Sales Rise 11.3% as Digital Momentum Remains Strong Positive Sentiment: Analyst upgrade: Freedom Broker raised Costco from “hold” to “buy” and established a $1,030 price target, implying meaningful potential upside from recent trading levels. However, the upgrade has not yet overcome broader selling pressure. Costco Stock Falls Despite Freedom Broker Upgrade to Buy Neutral Sentiment: Returns and liquidation operations: Reports that Costco resells some returned merchandise through liquidation and B-stock auctions provide additional context on its inventory practices. The activity appears operational rather than a major new earnings catalyst, although it may help recover value from returned goods. How Costco Resells Items Returned Under Its Satisfaction Guarantee Policy Negative Sentiment: Premium valuation and competitive concerns: Costco’s recent underperformance has renewed debate over whether its high valuation is justified. Jim Cramer argued that the retailer may have lost some of its edge, while other commentary points to competition from discount stores. With a price-to-earnings ratio above 45, investors may be particularly sensitive to any slowdown in growth or membership appeal. Cramer Warns Costco May Have Lost Its Edge Negative Sentiment: Supplier bankruptcy headline: The loss of a Costco distribution deal contributed to a beverage brand’s Chapter 11 filing. This is not a direct financial threat to Costco, but it highlights vendor and product-selection risks within its merchandise ecosystem. Loss of Costco Deal Helps Push Beverage Brand Into Chapter 11 Insider Activity In related news, Director Kenneth Denman sold 885 shares of Costco Wholesale stock in a transaction on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the sale, the director owned 4,779 shares of the company’s stock, valued at approximately $4,575,653.55. This trade represents a 15.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.10% of the company’s stock.

Costco Wholesale Stock Down 0.6% Costco Wholesale stock opened at $910.18 on Wednesday. Costco Wholesale Corporation has a twelve month low of $844.06 and a twelve month high of $1,096.50. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.61 and a current ratio of 1.07. The firm has a market cap of $403.65 billion, a PE ratio of 45.78, a P/E/G ratio of 3.80 and a beta of 0.86. The firm’s 50 day moving average price is $942.45 and its two-hundred day moving average price is $976.18.

Costco Wholesale Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, August 7th. Stockholders of record on Friday, July 24th were paid a $1.47 dividend. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a dividend yield of 0.6%. Costco Wholesale’s dividend payout ratio is 29.58%.

Costco Wholesale Company Profile (Free Report)

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.

Featured Stories Five stocks we like better than Costco Wholesale Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).

Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:08 16h ago
2026-09-09 04:45 23h ago
Hollencrest Capital Management Sells 66,257 Shares of Costco Wholesale Corporation $COST
COST Costco Wholesale
FMP Stock News
Original source text
Hollencrest Capital Management trimmed its holdings in shares of Costco Wholesale Corporation (NASDAQ:COST – Free Report) by 93.9% in the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 4,304 shares of the retailer’s stock after selling 66,257 shares during the period. Hollencrest Capital Management’s holdings in Costco Wholesale were worth $4,026,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in the business. Brighton Jones LLC raised its stake in Costco Wholesale by 12.3% during the fourth quarter. Brighton Jones LLC now owns 19,825 shares of the retailer’s stock valued at $18,165,000 after buying an additional 2,172 shares during the last quarter. Revolve Wealth Partners LLC grew its stake in shares of Costco Wholesale by 13.1% in the fourth quarter. Revolve Wealth Partners LLC now owns 1,123 shares of the retailer’s stock worth $1,029,000 after acquiring an additional 130 shares during the last quarter. Sivia Capital Partners LLC grew its stake in shares of Costco Wholesale by 4.5% in the second quarter. Sivia Capital Partners LLC now owns 3,853 shares of the retailer’s stock worth $3,814,000 after acquiring an additional 165 shares during the last quarter. Pinnacle Wealth Planning Services Inc. increased its holdings in shares of Costco Wholesale by 1.1% during the second quarter. Pinnacle Wealth Planning Services Inc. now owns 2,110 shares of the retailer’s stock valued at $2,089,000 after acquiring an additional 23 shares in the last quarter. Finally, Schnieders Capital Management LLC. raised its position in shares of Costco Wholesale by 2.2% in the 2nd quarter. Schnieders Capital Management LLC. now owns 8,502 shares of the retailer’s stock worth $8,416,000 after purchasing an additional 182 shares during the last quarter. 68.48% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Costco Wholesale Here are the key news stories impacting Costco Wholesale this week:

Positive Sentiment: Strong fourth-quarter sales: Costco reported fourth-quarter net sales of $93.9 billion, up 11.3% year over year. Digitally enabled comparable sales increased 19.5%, suggesting e-commerce and omnichannel initiatives remain important growth drivers. Costco’s Q4 Sales Rise 11.3% as Digital Momentum Remains Strong Positive Sentiment: Analyst upgrade: Freedom Broker raised Costco from “hold” to “buy” and established a $1,030 price target, implying meaningful potential upside from recent trading levels. However, the upgrade has not yet overcome broader selling pressure. Costco Stock Falls Despite Freedom Broker Upgrade to Buy Neutral Sentiment: Returns and liquidation operations: Reports that Costco resells some returned merchandise through liquidation and B-stock auctions provide additional context on its inventory practices. The activity appears operational rather than a major new earnings catalyst, although it may help recover value from returned goods. How Costco Resells Items Returned Under Its Satisfaction Guarantee Policy Negative Sentiment: Premium valuation and competitive concerns: Costco’s recent underperformance has renewed debate over whether its high valuation is justified. Jim Cramer argued that the retailer may have lost some of its edge, while other commentary points to competition from discount stores. With a price-to-earnings ratio above 45, investors may be particularly sensitive to any slowdown in growth or membership appeal. Cramer Warns Costco May Have Lost Its Edge Negative Sentiment: Supplier bankruptcy headline: The loss of a Costco distribution deal contributed to a beverage brand’s Chapter 11 filing. This is not a direct financial threat to Costco, but it highlights vendor and product-selection risks within its merchandise ecosystem. Loss of Costco Deal Helps Push Beverage Brand Into Chapter 11 Insider Buying and Selling In other Costco Wholesale news, Director Kenneth Denman sold 885 shares of the firm’s stock in a transaction that occurred on Tuesday, June 23rd. The stock was sold at an average price of $957.45, for a total transaction of $847,343.25. Following the completion of the transaction, the director owned 4,779 shares in the company, valued at $4,575,653.55. This trade represents a 15.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Insiders own 0.10% of the company’s stock. Analyst Ratings Changes Several equities analysts recently issued reports on COST shares. Oppenheimer upped their price objective on Costco Wholesale from $1,100.00 to $1,160.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Mizuho set a $1,100.00 price objective on Costco Wholesale in a research report on Monday, June 1st. BTIG Research reissued a “buy” rating and set a $1,125.00 price objective on shares of Costco Wholesale in a report on Thursday, September 3rd. JPMorgan Chase & Co. lowered their price objective on shares of Costco Wholesale from $1,110.00 to $1,100.00 and set an “overweight” rating on the stock in a research report on Thursday, July 9th. Finally, Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $1,091.00 target price on shares of Costco Wholesale in a report on Friday. Twenty-two research analysts have rated the stock with a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,056.03.

Get Our Latest Research Report on COST

Costco Wholesale Stock Down 0.6% COST opened at $910.18 on Wednesday. The company has a market capitalization of $403.65 billion, a PE ratio of 45.78, a price-to-earnings-growth ratio of 3.80 and a beta of 0.86. The firm has a 50-day simple moving average of $942.45 and a two-hundred day simple moving average of $976.18. The company has a quick ratio of 0.61, a current ratio of 1.07 and a debt-to-equity ratio of 0.17. Costco Wholesale Corporation has a 52 week low of $844.06 and a 52 week high of $1,096.50.

Costco Wholesale Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Friday, August 7th. Investors of record on Friday, July 24th were paid a dividend of $1.47 per share. The ex-dividend date of this dividend was Friday, July 24th. This represents a $5.88 dividend on an annualized basis and a yield of 0.6%. Costco Wholesale’s dividend payout ratio is presently 29.58%.

Costco Wholesale Profile (Free Report)

Costco Wholesale Corporation operates membership-based warehouse clubs that offer a broad selection of merchandise at generally competitive prices. Its product range includes groceries, fresh foods, apparel, appliances, electronics, furniture, jewelry, hardware, and seasonal goods, along with private-label products sold under the Kirkland Signature brand.

The company also provides a variety of ancillary services, including gasoline stations, pharmacies, optical centers, hearing-aid centers, food courts, tire centers, and travel services.

See Also Five stocks we like better than Costco Wholesale Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding COST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Costco Wholesale Corporation (NASDAQ:COST – Free Report).

Receive News & Ratings for Costco Wholesale Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Costco Wholesale and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:07 16h ago
2026-09-09 07:30 20h ago
SolarEdge Extends Collaboration with Infineon to Enable Solid-State Protection for 800 VDC AI Data Centers
SEDG SolarEdge Technologies
FMP Stock News
Original source text
MILPITAS, Calif. & MUNICH--(BUSINESS WIRE)--SolarEdge and Infineon extend collaboration into solid-state circuit breaker technology for HVDC distribution in AI and hyperscale data centers.
2026-09-09 12:07 16h ago
2026-09-09 03:53 1d ago
HB Wealth Management LLC Acquires 3,412 Shares of Airbnb, Inc. $ABNB
ABNB Airbnb
FMP Stock News
Original source text
HB Wealth Management LLC grew its holdings in Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 18.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 22,119 shares of the company’s stock after purchasing an additional 3,412 shares during the quarter. HB Wealth Management LLC’s holdings in Airbnb were worth $3,165,000 as of its most recent filing with the SEC.

Other large investors also recently made changes to their positions in the company. Caxton Associates LLP acquired a new position in Airbnb during the 1st quarter worth about $258,000. Intech Investment Management LLC increased its position in Airbnb by 55.8% in the 1st quarter. Intech Investment Management LLC now owns 12,161 shares of the company’s stock valued at $1,453,000 after acquiring an additional 4,353 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Airbnb by 18.8% in the second quarter. Sivia Capital Partners LLC now owns 5,866 shares of the company’s stock worth $776,000 after acquiring an additional 927 shares during the last quarter. WINTON GROUP Ltd bought a new position in shares of Airbnb in the second quarter worth about $411,000. Finally, NewEdge Advisors LLC lifted its position in shares of Airbnb by 9.8% during the second quarter. NewEdge Advisors LLC now owns 54,054 shares of the company’s stock worth $7,153,000 after purchasing an additional 4,811 shares in the last quarter. Institutional investors own 80.76% of the company’s stock.

Wall Street Analysts Forecast Growth Several analysts have recently commented on ABNB shares. Truist Financial increased their price target on shares of Airbnb from $129.00 to $134.00 and gave the company a “hold” rating in a research note on Friday, June 12th. Citigroup boosted their price objective on shares of Airbnb from $175.00 to $193.00 and gave the stock a “buy” rating in a research report on Friday, August 7th. Morgan Stanley upped their price objective on Airbnb from $120.00 to $125.00 and gave the stock an “underweight” rating in a report on Thursday, July 30th. Raymond James Financial upgraded Airbnb from a “market perform” rating to an “outperform” rating and set a $200.00 price objective on the stock in a research report on Tuesday. Finally, Evercore set a $200.00 target price on Airbnb in a research note on Monday, August 24th. Two research analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $179.10.

Get Our Latest Stock Analysis on ABNB Airbnb Stock Down 4.1% Shares of NASDAQ ABNB opened at $174.54 on Wednesday. The firm has a market capitalization of $104.51 billion, a PE ratio of 39.67, a price-to-earnings-growth ratio of 2.11 and a beta of 1.16. The company has a current ratio of 1.41, a quick ratio of 1.41 and a debt-to-equity ratio of 0.32. Airbnb, Inc. has a 1 year low of $110.81 and a 1 year high of $193.45. The firm’s 50-day moving average is $164.35 and its 200-day moving average is $144.88.

Airbnb (NASDAQ:ABNB – Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $1.37 EPS for the quarter, topping the consensus estimate of $1.26 by $0.11. The company had revenue of $3.61 billion during the quarter, compared to analysts’ expectations of $3.58 billion. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. Airbnb’s revenue was up 16.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.03 EPS. Equities analysts expect that Airbnb, Inc. will post 5.23 EPS for the current year.

Insider Buying and Selling at Airbnb In other news, Director Joseph Gebbia Jr. sold 294,903 shares of the stock in a transaction on Monday, June 29th. The stock was sold at an average price of $148.43, for a total value of $43,772,452.29. Following the transaction, the director owned 2,622,452 shares of the company’s stock, valued at $389,250,550.36. This represents a 10.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Nathan Blecharczyk sold 531,000 shares of the firm’s stock in a transaction on Friday, August 7th. The stock was sold at an average price of $174.41, for a total value of $92,611,710.00. Following the completion of the transaction, the insider owned 171,370 shares in the company, valued at $29,888,641.70. This represents a 75.60% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 2,288,689 shares of company stock valued at $374,988,733. 27.21% of the stock is currently owned by insiders.

Airbnb Profile (Free Report)

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and other service providers. Through its platform and mobile applications, users can search for, book and review a broad range of lodging options, including private homes, apartments, rooms and other distinctive properties.

The company also offers Airbnb Experiences, which enables guests to discover and book activities hosted by local experts. In addition, Airbnb has expanded into related travel services, including services designed to support hosts and help them manage listings, reservations and guest relationships.

Founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, Airbnb serves travelers and hosts across a broad international market, with listings and activities available in destinations around the world.

Featured Stories Five stocks we like better than Airbnb Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:07 16h ago
2026-09-09 04:34 23h ago
Airbnb, Inc. $ABNB Shares Acquired by California State Teachers Retirement System
ABNB Airbnb
FMP Stock News
Original source text
California State Teachers Retirement System lifted its stake in shares of Airbnb, Inc. (NASDAQ:ABNB – Free Report) by 13,162.3% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 91,253,439 shares of the company’s stock after buying an additional 90,565,372 shares during the quarter. California State Teachers Retirement System owned 15.24% of Airbnb worth $13,058,367,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Harris Associates L P grew its position in Airbnb by 21.0% in the fourth quarter. Harris Associates L P now owns 18,694,408 shares of the company’s stock valued at $2,537,205,000 after acquiring an additional 3,240,477 shares in the last quarter. Geode Capital Management LLC boosted its stake in shares of Airbnb by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 10,076,465 shares of the company’s stock valued at $1,368,338,000 after purchasing an additional 47,966 shares during the period. AQR Capital Management LLC grew its holdings in Airbnb by 58.4% during the 4th quarter. AQR Capital Management LLC now owns 6,762,784 shares of the company’s stock valued at $917,845,000 after purchasing an additional 2,492,847 shares in the last quarter. Clearbridge Investments LLC increased its stake in Airbnb by 3.7% during the 4th quarter. Clearbridge Investments LLC now owns 6,073,947 shares of the company’s stock worth $824,356,000 after buying an additional 216,455 shares during the period. Finally, Wellington Management Group LLP increased its stake in Airbnb by 80.6% during the 2nd quarter. Wellington Management Group LLP now owns 5,785,665 shares of the company’s stock worth $827,929,000 after buying an additional 2,581,539 shares during the period. 80.76% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Airbnb In other Airbnb news, insider Nathan Blecharczyk sold 13,615 shares of the company’s stock in a transaction that occurred on Monday, August 31st. The stock was sold at an average price of $187.27, for a total transaction of $2,549,681.05. Following the sale, the insider owned 20,567 shares in the company, valued at $3,851,582.09. This represents a 39.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO David Bernstein sold 5,224 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $182.49, for a total value of $953,327.76. Following the transaction, the chief accounting officer directly owned 48,513 shares in the company, valued at approximately $8,853,137.37. This represents a 9.72% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 2,288,689 shares of company stock valued at $374,988,733 over the last three months. 27.21% of the stock is owned by insiders.

Analyst Ratings Changes A number of equities analysts have weighed in on the stock. Royal Bank Of Canada set a $165.00 price objective on shares of Airbnb in a research report on Monday, August 10th. Phillip Securities lowered Airbnb from a “hold” rating to a “moderate sell” rating in a research report on Tuesday, August 11th. Weiss Ratings raised Airbnb from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Friday, August 21st. Susquehanna raised their price objective on Airbnb from $170.00 to $200.00 and gave the company a “positive” rating in a research note on Friday, August 7th. Finally, Truist Financial lifted their price objective on Airbnb from $129.00 to $134.00 and gave the stock a “hold” rating in a report on Friday, June 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-five have issued a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $179.10. Get Our Latest Stock Analysis on Airbnb

Airbnb Price Performance Shares of ABNB stock opened at $174.54 on Wednesday. The firm has a market cap of $104.51 billion, a P/E ratio of 39.67, a P/E/G ratio of 2.11 and a beta of 1.16. The company has a debt-to-equity ratio of 0.32, a current ratio of 1.41 and a quick ratio of 1.41. Airbnb, Inc. has a 1-year low of $110.81 and a 1-year high of $193.45. The firm has a fifty day moving average of $164.35 and a two-hundred day moving average of $144.88.

Airbnb (NASDAQ:ABNB – Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.26 by $0.11. Airbnb had a net margin of 20.45% and a return on equity of 33.38%. The business had revenue of $3.61 billion for the quarter, compared to analyst estimates of $3.58 billion. During the same quarter in the prior year, the business posted $1.03 EPS. The company’s revenue for the quarter was up 16.3% on a year-over-year basis. As a group, research analysts anticipate that Airbnb, Inc. will post 5.23 earnings per share for the current fiscal year.

Airbnb Company Profile (Free Report)

Airbnb, Inc operates a global online marketplace that connects guests seeking accommodations and travel activities with hosts and other service providers. Through its platform and mobile applications, users can search for, book and review a broad range of lodging options, including private homes, apartments, rooms and other distinctive properties.

The company also offers Airbnb Experiences, which enables guests to discover and book activities hosted by local experts. In addition, Airbnb has expanded into related travel services, including services designed to support hosts and help them manage listings, reservations and guest relationships.

Founded in 2008 by Brian Chesky, Joe Gebbia and Nathan Blecharczyk, Airbnb serves travelers and hosts across a broad international market, with listings and activities available in destinations around the world.

See Also Five stocks we like better than Airbnb Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

Receive News & Ratings for Airbnb Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Airbnb and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:07 16h ago
2026-09-09 03:59 1d ago
Duke Energy Corporation $DUK Shares Acquired by Baird Financial Group Inc.
DUK Duke Energy
FMP Stock News
Original source text
Baird Financial Group Inc. boosted its position in Duke Energy Corporation (NYSE:DUK – Free Report) by 6.7% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 753,875 shares of the utilities provider’s stock after purchasing an additional 47,537 shares during the period. Baird Financial Group Inc. owned about 0.10% of Duke Energy worth $95,426,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently modified their holdings of DUK. Brighton Jones LLC raised its holdings in Duke Energy by 11.6% during the fourth quarter. Brighton Jones LLC now owns 6,754 shares of the utilities provider’s stock worth $728,000 after purchasing an additional 700 shares during the last quarter. Empowered Funds LLC increased its stake in shares of Duke Energy by 19.6% during the 1st quarter. Empowered Funds LLC now owns 23,162 shares of the utilities provider’s stock worth $2,825,000 after purchasing an additional 3,797 shares in the last quarter. Schnieders Capital Management LLC. raised its position in shares of Duke Energy by 1.0% during the 2nd quarter. Schnieders Capital Management LLC. now owns 31,238 shares of the utilities provider’s stock worth $3,686,000 after purchasing an additional 315 shares during the last quarter. AXA S.A. raised its position in shares of Duke Energy by 523.4% during the 2nd quarter. AXA S.A. now owns 42,233 shares of the utilities provider’s stock worth $4,983,000 after purchasing an additional 35,458 shares during the last quarter. Finally, Nebula Research & Development LLC purchased a new stake in Duke Energy in the 2nd quarter valued at approximately $954,000. 65.31% of the stock is currently owned by hedge funds and other institutional investors.

Duke Energy Stock Up 0.9% NYSE DUK opened at $121.32 on Wednesday. The company has a quick ratio of 0.43, a current ratio of 0.66 and a debt-to-equity ratio of 1.47. Duke Energy Corporation has a fifty-two week low of $113.89 and a fifty-two week high of $134.49. The business has a 50 day moving average price of $124.48 and a two-hundred day moving average price of $126.36. The stock has a market cap of $94.59 billion, a PE ratio of 18.22, a P/E/G ratio of 2.80 and a beta of 0.37.

Duke Energy (NYSE:DUK – Get Free Report) last posted its quarterly earnings data on Monday, August 3rd. The utilities provider reported $1.43 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.30 by $0.13. The company had revenue of $7.59 billion for the quarter, compared to analyst estimates of $7.66 billion. Duke Energy had a net margin of 15.78% and a return on equity of 9.78%. The business’s quarterly revenue was up 1.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.25 earnings per share. As a group, sell-side analysts predict that Duke Energy Corporation will post 6.72 EPS for the current fiscal year. Duke Energy Increases Dividend The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Friday, August 14th will be issued a dividend of $1.085 per share. The ex-dividend date is Friday, August 14th. This represents a $4.34 annualized dividend and a yield of 3.6%. This is a boost from Duke Energy’s previous quarterly dividend of $1.06. Duke Energy’s dividend payout ratio (DPR) is presently 65.17%.

Analyst Upgrades and Downgrades A number of research firms have issued reports on DUK. KeyCorp upgraded shares of Duke Energy from a “sector weight” rating to an “overweight” rating and set a $139.00 target price on the stock in a report on Thursday, July 23rd. BMO Capital Markets dropped their target price on Duke Energy from $134.00 to $132.00 and set an “outperform” rating for the company in a research note on Wednesday, August 5th. BTIG Research reissued a “buy” rating on shares of Duke Energy in a research note on Thursday, July 23rd. Truist Financial lowered their price target on Duke Energy from $138.00 to $135.00 and set a “buy” rating for the company in a report on Monday, August 17th. Finally, Mizuho set a $136.00 price objective on Duke Energy in a report on Wednesday, August 5th. Ten equities research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, Duke Energy has an average rating of “Moderate Buy” and a consensus price target of $137.94.

Check Out Our Latest Report on Duke Energy

About Duke Energy (Free Report)

Duke Energy Corporation is an electric and natural gas utility holding company headquartered in Charlotte, North Carolina. The company generates, transmits, distributes and sells electricity, with a generation portfolio that includes natural gas, nuclear, coal, hydroelectric and renewable energy resources. It also operates natural gas distribution businesses and provides related energy services.

Duke Energy’s regulated electric utilities serve residential, commercial and industrial customers across the Carolinas, Florida, Indiana, Ohio and Kentucky.

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2026-09-09 12:06 16h ago
2026-09-09 05:20 22h ago
Why Palantir Rallied Over 50% in August
PLTR Palantir Technologies
FMP Stock News
Original source text
Shares of big data software pioneer Palantir (PLTR -2.31%) rallied 51.5% in August, according to data from S&P Global Market Intelligence.

Palantir became a darling of the AI era over the past couple of years, and hit a very high valuation at its peak last November. Since then, the "SaaS-pocalypse" has taken a toll on the entire software sector, including Palantir, as fears of disruption from leading AI labs cut its stock price nearly in half, from its November 2025 highs to its June 2026 lows.

The downturn set Palantir up for a bounce higher if it posted continued strong financial results. Its second-quarter August report provided that, in spades.

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Palantir delivers eye-popping growth... again In the second quarter, Palantir delivered 93% revenue growth to $1.94 billion, while adjusted (non-GAAP) earnings per share grew 156% to $0.41. Both figures handily beat analyst expectations. This amazing growth marked a stunning acceleration from the 48% revenue growth in the year-ago quarter and the 85% growth in the first quarter of 2026. Another impressive metric was profitability, as adjusted free cash flow margins expanded to a massive 63% -- among the highest in the industry.

So much for the "SaaS-pocalypse," at least as it applies to Palantir's business.

In the press release, earnings call, and in recent media appearances, CEO Alex Karp made the case for Palantir to manage a company's artificial intelligence problem-solving, rather than going directly to one of the big AI labs such as OpenAI or Anthropic, saying:

Palantir is the only company that has demonstrated it can transform tokens into actual economic value. Our customers trust us to provide them with maximum control over their operations, data, and decisions. Their competitive advantage should never be used as training data for future models.

This quote is quite illuminating as to how Palantir is positioning itself in the age of AI and fending off the powerful frontier model labs. Karp claims that enterprises that use leading-edge frontier models directly risk their company's data and AI use cases being 'learned" by the AI models, which the models could theoretically use to improve and then spread that knowledge to competitors. An even worse scenario would involve the model-makers building their own products to compete with customers themselves.

The pitch appears to be working, especially with U.S. commercial customers, which grew 149% year over year. That's a pretty amazing figure, especially since overall sales and marketing expenses grew less than 40% over the past year, even including stock-based compensation. It's pretty clear that Palantir's platform is translating AI into real business value; otherwise, it wouldn't be growing this fast with so little incremental expense growth.

Image source: Getty Images.

How high is too high a price? Palantir continues to accelerate its growth and expand margins, despite the company's larger size and already sky-high profitability. That goes a long way toward justifying the company's 78 times forward P/E ratio, based on 2026 earnings estimates.

It's hard to imagine Palantir continuing to accelerate its growth rate off an ever-higher base, but then again, that's what many might have thought last year, and yet, Alex Karp and company managed to do so.

While the stock is far too expensive for value investors, younger growth-oriented investors should have a look at Palantir shares, even after its big August bounce.
2026-09-09 12:06 16h ago
2026-09-09 06:19 21h ago
Palantir vs. Tesla: Which AI Stock Should You Buy?
PLTR Palantir Technologies
FMP Stock News
Original source text
Tesla (TSLA +3.98%) and Palantir Technologies (PLTR -2.31%) are increasingly being described as artificial intelligence (AI) stocks. That's true. But it can also be misleading.

Tesla is trying to put AI into the physical world: cars that drive themselves, Robotaxis that transport passengers, humanoid robots that perform physical work, and energy systems that increasingly rely on software and automation.

Palantir is taking AI in a different direction. It is building software that helps governments and businesses turn enormous amounts of data into decisions and actions.

So which should investors buy?

Image source: Getty Images.

Tesla is betting on AI in the physical world The simplest way to understand Tesla's opportunity is to stop thinking of it primarily as a car company. Tesla wants to use AI to control machines in the real world. Its Full Self-Driving (FSD) technology is the foundation for its Robotaxi ambitions. If autonomous vehicles become reliable enough, Tesla could potentially operate a transportation network in which vehicles generate revenue even when their owners aren't using them.

Then there's Optimus. A capable humanoid robot could potentially perform repetitive or dangerous physical tasks in factories, warehouses, and eventually other environments.

Put it all together, and Tesla is making an enormous bet: AI won't just change what computers do. It will change what machines do. If Tesla gets that right, the opportunity could be extraordinary.

But the path is complicated. Autonomous vehicles need regulatory approval and public acceptance. Robots face a challenge in mass production. And both require enormous investment today despite having little to no revenue.

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Palantir is betting on AI inside organizations Palantir's AI opportunity is different from Tesla's.

Its software helps organizations integrate data from different sources and use AI to analyze it, make decisions, and automate workflows. Customers range from governments to the largest corporations, all eager to leverage AI for transformation.

But unlike Tesla's most ambitious future businesses, Palantir is already monetizing its AI opportunity at scale. To put the numbers into perspective, Palantir's second quarter 2026 revenue increased 93% year over year to approximately $1.9 billion, while U.S. commercial revenue surged 149%. That's important because it demonstrates something Tesla's newer "AI-related" businesses have yet to prove -- that customers are already paying for the product, at scale.

Besides, Palantir doesn't need to manufacture millions of physical machines to grow its business. It just needs more organizations to adopt its software, expand their usage, and integrate AI more deeply into their operations. In other words, Palantir is a more capital-light business that primarily deals in software, whereas Tesla's products are about integrating hardware and software.

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Neither stock is cheap This is where the comparison gets even more interesting.

Neither Tesla nor Palantir is your typical bargain stock. As of writing, the former trades at a 12x price-to-sales (P/S) ratio, while the latter trades at a 73x P/S ratio. Of course, a direct comparison between the valuations of these two companies may not be appropriate, given that a substantial part of Tesla's business is manufacturing, whereas Palantir is predominantly a software business.

Still, it's not difficult to argue that Palantir is probably trading at a bigger premium, which is not surprising given its extraordinary growth. On the contrary, Tesla is still working tirelessly to position the company as a more diversified physical AI business, rather than just an electric car manufacturer.

Needless to say, though, both stocks have valuation risk. Palantir's risk is that its extraordinary growth slows, while Tesla's risk is that its extraordinary future arrives too late.

So which is the better buy? I would resist the temptation to declare one stock the obvious winner. If you believe AI's biggest opportunity over the next several years is helping companies and governments become dramatically more productive, Palantir offers a compelling way to participate. If you believe AI will eventually move far beyond software and control enormous fleets of physical machines, Tesla may offer the more ambitious opportunity.

Ultimately, Tesla and Palantir aren't really competing versions of the same investment. There are two different ways to bet on artificial intelligence.

Investors should choose the company in which they have the strongest conviction in the long-term prospects. Even then, they should be aware that both stocks are genuinely expensive, so if neither valuation gives you enough comfort, waiting for a better entry point is a perfectly rational decision.
2026-09-09 12:06 16h ago
2026-09-09 06:00 22h ago
Waymo Rides Now Available on the Lyft App in Nashville
LYFT Lyft
FMP Stock News
Original source text
NASHVILLE, Tenn.--(BUSINESS WIRE)--Riders can now be matched with Waymo autonomous vehicles on Lyft in Nashville. Waymo vehicles are available across both the Waymo and Lyft apps.
2026-09-09 12:05 16h ago
2026-09-08 09:48 1d ago
Bit2Me Builds a Crypto-Seizure Unit for Police and Courts
B2M Bit2Me
CoinGecko News
Original source text
Crime

8 September 2026 | 12:48 Bit2Me has launched Bit2Shield to help police, courts and banks trace cryptocurrency, preserve evidence, secure seized assets and arrange court-authorized sales through its regulated exchange entity.

Key Takeaways Bit2Shield links tracing, custody and liquidation. Authorities control when seized assets are sold. Bitcoinforme handles crypto-to-euro conversions under MiCA. Multisignature key control remains publicly undisclosed. Bit2Me reports €1.5 million processed in 2025. Bit2Shield connects police operations to asset recovery Bit2Shield is the trading name of CryptoShield S.L., a separate company within Bit2Me Group. Spain’s official commercial register shows that it began operating on July 23, 2026. Its registered activities include technological investigations, forensic analysis, expert reports, operational support and blockchain intelligence.

CryptoShield’s sole shareholder and administrator is Devteam S.L., which Bit2Me identifies among the companies in its corporate group. Bitcoinforme S.L., a separate entity in the same group, operates Bit2Me’s regulated exchange services.

Bit2Me says Bit2Shield will serve police, courts, public bodies and financial institutions. Its work will extend from the initial investigation to the eventual transfer of sale proceeds.

Bit2Shield is a private service provider, not an enforcement authority. It can assist with a seizure or liquidation only under instructions from the police, a court or another competent body.

Its investigations division will be led by Adrián Maroño, a former member of the Spanish Civil Guard’s Central Operational Unit, according to a statement Bit2Me shared with CoinDesk.

How the proposed seizure process works

Stage Bit2Shield’s stated role Identification Help investigators identify wallets, credentials and relevant transaction data. Tracing Follow blockchain transactions and prepare digitally signed forensic reports. Custody Arrange multisignature cold storage for seized assets. Liquidation Arrange a sale after authorization from the competent authority. Settlement Convert the assets through Bitcoinforme and transfer euros to an official government account. The €1.5 million figure needs context Bit2Me says it processed approximately €1.5 million in seized cryptocurrency during 2025 while working on matters involving Europol, Interpol and Spanish police. According to the company, Chainalysis was used to trace the assets before their conversion into euros for the state.

The figure shows that the group performed seizure-related work before CryptoShield was formally established. It does not reveal the number of cases, the assets involved or whether €1.5 million represents their value when seized, transferred into custody or sold.

Bit2Me describes work on matters involving Europol and Interpol, but it has not published an agency statement or agreement establishing a formal partnership with Bit2Shield.

What seizing cryptocurrency actually involves The first difficult step in the workflow is obtaining effective control of the cryptocurrency. The assets cannot be physically removed from a blockchain; authorities must instead prevent the previous controller from moving them.

With a self-custodied wallet, investigators may need to secure a hardware wallet, private key, recovery phrase, passphrase or another signing device. Finding one item does not guarantee access. A wallet may require an additional passphrase or several signatures, while a recovered phrase may control addresses that have not yet been identified.

This distinction has become more important as criminal groups reportedly use private vaults to store crypto credentials. The coins remain recorded onchain; the physical item provides a way to authorize transactions. Investigators must still determine which addresses the recovered credentials control and whether another password, device or signature is required.

If the cryptocurrency is held by an exchange or another custodian, authorities may instead serve a lawful freezing or transfer order on that provider. United Nations guidance notes that seized virtual assets may be transferred to a secure wallet controlled by a court, law-enforcement body, asset-management office or appointed private company.

Bit2Shield may participate at several stages, but each has a different legal purpose. Tracing identifies the assets, freezing or seizure prevents them from being moved, confiscation permanently removes them through a legal decision, and disposal determines whether they are sold, retained or returned to victims.

Blockchain records are only part of the evidence A blockchain can show that a transaction occurred, but an address does not contain the legal name of its controller. A court-ready case therefore needs evidence connecting the onchain activity to a person, account, device or organization.

Exact requirements differ by jurisdiction, but a defensible chain-of-custody record should identify where the credentials were found, who handled them, which addresses they controlled and how the assets were transferred. Transaction hashes, timestamps and access records can preserve an audit trail after the initial seizure.

Bit2Shield says it will prepare digitally signed reports and can present its findings in court. A digital signature can establish that a report has not been altered since it was signed, but it does not prove that the underlying evidence was collected correctly. The company has not publicly detailed its evidence-retention policy, forensic standards or internal access logs.

Multisignature storage reduces one-key risk Bit2Shield plans to hold seized assets in multisignature cold storage. A multisignature wallet requires a specified number of keys to approve a transaction. In a two-of-three arrangement, for example, three keys exist but any two are needed to move the assets.

This can prevent one lost or compromised key from exposing the entire wallet. It can also divide approval between the service provider and the authority that ordered the seizure. If one organization controls enough keys to meet the threshold, however, it can still move the assets without an outside signer.

Bit2Me has not disclosed how many key shares Bit2Shield will create, who will hold them or whether a court or public authority will control at least one required signature. It has also not specified its recovery procedure, insurance coverage or liability if credentials are lost or misused.

Allegations involving the theft of $46 million from U.S. federal seizure wallets illustrate the risk created when contractors or employees receive excessive access to government-controlled assets. Moving keys offline reduces exposure to remote attacks, but it does not remove insider-access risk.

Authorities decide when seized crypto is sold The competent authority, not Bit2Shield, will decide whether and when seized assets are sold.

That decision can materially affect the recovered amount because cryptocurrency prices may change between the initial seizure and the conclusion of a case. An early sale removes further price exposure but fixes the asset’s value at that point. Holding it preserves the possibility of appreciation while leaving the state or potential recipients exposed to losses.

Governments do not always follow the same approach. A proposed Arizona reserve funded with seized criminal assets, for example, would allow certain cryptocurrency to be retained rather than automatically converted into cash. The proposal shows that retention and liquidation are separate policy choices. Under Bit2Shield’s model, its role in a sale begins only after the competent authority orders one.

Bit2Me has not identified the trading venues, pricing benchmark, fees or slippage controls that would apply to a court-ordered sale. It has also not explained how Bit2Shield would handle a seized token without a liquid euro market.

Why the regulatory split matters Bit2Shield says its investigative, forensic, expert-report and training activities fall outside the scope of MiCA because CryptoShield S.L. is not operating as a crypto-asset service provider. When a case requires cryptocurrency to be exchanged for euros, Bitcoinforme S.L. will conduct the conversion.

Bitcoinforme appears in the CNMV register of authorized crypto-asset service providers. That identifies the legal entity expected to perform the regulated exchange service rather than extending the same status automatically to CryptoShield.

The announcement does not identify which legal entity will act as custodian while assets remain in multisignature storage. Contracts with public authorities will need to define who controls the wallets, which which company bears responsibility for the assets and what protections apply before liquidation.

What authorities should establish before using Bit2Shield

Before appointing Bit2Shield, a public institution would need clear answers to five operational questions:

Which entity is legally responsible while the assets remain in custody? Who holds the keys, and what signing threshold applies? How are evidence access and asset transfers recorded? How are sale prices, venues and fees independently checked? What insurance or compensation applies if assets are lost? Until those controls are publicly disclosed, outside observers cannot fully assess the custody and execution safeguards behind Bit2Shield’s services.

Author

Kosta has reported on cryptocurrency markets and blockchain infrastructure since 2020, bringing over six years of hands-on experience in the crypto industry built through daily tracking of markets, trends, and emerging blockchain developments. Specializing in Bitcoin on-chain analysis, institutional ETF flows, and digital asset price action, his work at Coindoo has been cited by other news agencies and consistently covers market developments with a focus on data-driven reporting across Bitcoin, Ethereum, Solana, and XRP. Over the years, Kosta has contributed to multiple crypto media outlets in different regions, authoring over 6,000 articles across the sector. His reporting spans cryptocurrency markets and the broader fintech industry, tracking not only price action but also the technological and regulatory forces shaping the ecosystem. To support his analysis, Kosta actively leverages on-chain data and metrics from leading platforms such as Santiment, Glassnode, and CryptoQuant, enabling deeper, evidence-based market insights. He believes in the power of transparency and the data that underpins the blockchain ecosystem. His academic background in Marketing Management from Denmark further complements his analytical approach, adding a strong understanding of communication strategy and content positioning to his work.
2026-09-09 12:05 16h ago
2026-09-08 23:10 1d ago
Bit2Me launches Bit2Shield to support police in crypto asset tracing and seizures
B2M Bit2Me
CoinGecko News
Original source text
Bit2Me, Spain’s largest cryptocurrency exchange, has introduced Bit2Shield, a new service aimed at helping law enforcement trace, secure, and liquidate seized digital assets. This specialized unit formalizes Bit2Me’s cooperation with authorities and addresses the increasing complexity of crypto investigations.

Bit2Shield strengthens crypto tracing capabilitiesLegally registered as CryptoShield S.L., Bit2Shield provides support to courts, police departments, and financial institutions during cryptocurrency investigations. Its services include wallet analysis, asset tracing, forensic data extraction, and preparation of digitally signed reports for legal proceedings.

The unit also offers assistance with fraud investigations, verification of funds’ origins, and specialized training for police officers, judges, and banking entities. Investigative operations are led by Adrián Maroño, a former investigator of the Spanish Civil Guard.

Throughout 2025, Bit2Me processed approximately €1.5 million in seized cryptocurrency for agencies such as Interpol, Europol, and Spanish police. Chainalysis supplied blockchain tracing support before Bit2Me converted the recovered assets into euros.

Upon seizure, Bit2Shield places digital assets in multisignature cold wallets until authorities authorize their disposal. The MiCA-authorized Bitcoinforme entity, operated by Bit2Me, then oversees the conversion of crypto to euros and transfers the proceeds to government accounts.

Bit2Shield will enhance law enforcement efforts against crypto-enabled crime by providing secure custody, advanced forensic analysis, and reliable liquidation of assets during legal proceedings.

Rising demand amid surge in crypto fraudThe rise of sophisticated digital crime in Europe has increased the need for expert tracing and recovery solutions. Chainalysis reported that scams and fraud reached $17 billion in stolen cryptocurrency during 2025.

Impersonation scams grew sharply, surging more than 1,400% year-over-year, while AI-powered fraud outperformed conventional schemes. This development has intensified the pressure on authorities to advance blockchain tracing and enhance asset recovery procedures.

Spain continues to face significant cybercrime threats. Data from the Spanish government show 488,426 cybercrimes were recorded in 2025, accounting for nearly a fifth of all reported crimes. Of these, cyber fraud made up 429,677 cases, or almost nine out of ten cybercrime reports.

Recent investigations highlight the value of blockchain intelligence. In August, Chainalysis traced 29,120 crypto addresses and digital identifiers linked to over 100 platforms associated with illicit material distribution, generating 14,300 leads and identifying more than 7,700 suspect accounts.

Physical seizures also illustrate the necessity of advanced custodial processes. In April, Spanish police recovered around €400,000 in cryptocurrency found in cold wallets hidden inside a wall-mounted thermometer during a piracy investigation in Almería.

Bit2Me expands institutional infrastructureThe introduction of Bit2Shield signals Bit2Me’s ongoing shift toward providing institutional and government-focused crypto infrastructure. The exchange continues to strengthen collaborations with banks and aligns its operations with Europe’s advancing MiCA regulations.

Bit2Me’s partnership with Cecabank, which offers a regulated platform for financial institutions, supports institutional crypto infrastructure. Renta 4 Banco became among the first organizations to use the platform as it rolled out digital asset trading to clients.

In 2025, Tether led a €30 million funding round for Bit2Me, with participation from Bankinter, Unicaja, Cecabank, and Telefónica.

The demand for specialized custody also stems from violent attacks on cryptocurrency holders. Chainalysis estimates that over $30 million was stolen through such incidents during the first half of 2026.

Bit2Shield is expected to provide a structured process encompassing identification, seizure, custody, investigation, and asset liquidation. However, its overall effectiveness will depend on collaboration between exchanges, investigators, courts, and international agencies.

These trends underscore a growing need for robust, private-sector infrastructure to support authorities and ensure secure digital asset custody. In a market where a single Fed decision or a sudden altcoin listing can change everything in seconds, jumping between different apps for charts, news, and portfolio tracking is costing investors money. Smart traders are now utilizing privacy-first tools like CryptoAppsy to consolidate everything. Without even the hassle of creating an account, you get real-time charts, smart price alerts, coin-specific news, and critical macro data all on one screen.
2026-09-09 12:05 16h ago
2026-09-08 07:41 1d ago
Ethereum’s 2027 Hegotá Upgrade Will Enable Stablecoin Gas Fee Payments
ETH Ethereum
CoinGecko News
Original source text
Key Highlights EIP-8141 (Frame Transactions) has been confirmed for Ethereum’s Hegotá upgrade, expected to launch in 2027 The upgrade will enable gas fee payments without requiring users to possess ETH in their wallets Third-party sponsors can pay network fees in ETH while accepting stablecoins from users as reimbursement The system bundles token approvals with transactions, automatically revoking permissions if operations fail Frame Transactions align with Ethereum’s quantum-resistance strategy, aiming for a post-quantum secure network by late 2029 Ethereum’s development team has finalized the inclusion of Frame Transactions in the upcoming Hegotá protocol upgrade, set for implementation in 2027. This enhancement, detailed in EIP-8141, will enable network participants to conduct transactions without maintaining ETH balances for transaction fees.

⚡️UPGRADE: Ethereum commits to enable users pay gas fees with stablecoins, even without holding ETH.

Under EIP-8141, an app or another wallet could pay the Ethereum gas fee for users and charge them in stablecoins instead.

This means users could send stablecoins even with ZERO… pic.twitter.com/YNi6J4gpBo

— Coin Bureau (@coinbureau) September 7, 2026

Currently, users face a significant usability barrier: wallets containing substantial stablecoin holdings cannot initiate transfers without ETH for gas. Every operation on Ethereum demands payment in its native token, creating friction for users who exclusively hold alternative assets.

The Mechanics of Frame Transactions EIP-8141 introduces a modular transaction structure that separates authorization, fee settlement, and execution into distinct components. This architecture allows different accounts to handle each element, creating scenarios where one wallet covers network costs while another initiates the actual transfer.

Payment applications could absorb gas expenses directly or accept stablecoins from users before converting them to ETH for protocol-level fee payment. Importantly, Ethereum’s base layer continues collecting fees exclusively in ETH—the innovation lies in abstracting this requirement away from end users.

While certain wallet providers currently offer comparable functionality through external relayer services, Frame Transactions would integrate this capability directly into Ethereum’s native transaction processing, eliminating dependency on auxiliary systems.

Transaction Bundling and Enhanced Protection Frame Transactions introduce the ability to combine multiple operations atomically. Under current protocols, token exchanges require two separate actions: granting spending permission to a decentralized exchange, followed by executing the actual swap. When swaps fail, permissions frequently remain active indefinitely.

The Frame system links both operations together. Should the exchange transaction fail to complete, the associated approval automatically reverts. This mechanism addresses a persistent vulnerability that has affected Ethereum users.

Additionally, Frames enable accounts to modify authentication parameters without migrating assets to different addresses. This functionality facilitates key rotation protocols and adoption of alternative cryptographic signature methodologies.

Vitalik Buterin appears among the ten contributors credited on EIP-8141. He commented via X that development momentum on this proposal has accelerated significantly in recent months.

Ethereum’s Development Timeline The Hegotá upgrade will follow Glamsterdam, currently scheduled for December 2026. Development teams may commence Hegotá-related implementation during the latter part of 2026, with the complete upgrade anticipated throughout 2027.

Approximately 60 researchers and engineers evaluated 62 potential EIPs for inclusion in Hegotá. Frame Transactions earned an S-tier classification, securing its position as a fundamental component rather than an optional feature.

This functionality also advances Ethereum’s extended security objectives. The Ethereum Foundation has established December 2029 as the target date for achieving quantum-resistant Layer 1 infrastructure. Frame Transactions contribute to this goal by enabling signature scheme transitions without necessitating separate hard forks or asset migrations.

The EIP documentation remains in draft status, and implementation specifics may evolve before the upgrade activates. Frame Transactions are not currently accessible on Ethereum’s production network.
2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Cullinan Associates Inc. Invests $923,000 in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Cullinan Associates Inc. acquired a new stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 800 shares of the semiconductor manufacturer’s stock, valued at approximately $923,000.

A number of other institutional investors have also made changes to their positions in the business. Heritage Trust Co grew its stake in Micron Technology by 9.7% in the fourth quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after purchasing an additional 1,323 shares in the last quarter. Castleark Management LLC bought a new stake in shares of Micron Technology during the 1st quarter worth approximately $3,709,000. Oppenheimer & Co. Inc. boosted its holdings in shares of Micron Technology by 16.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock valued at $56,006,000 after buying an additional 6,702 shares during the last quarter. Legacy Wealth Management LLC MS grew its stake in shares of Micron Technology by 73.3% in the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after buying an additional 1,499 shares in the last quarter. Finally, PKO BP BANKOWY Universal Pension Society JSC bought a new position in shares of Micron Technology in the fourth quarter valued at $61,306,000. Institutional investors own 80.84% of the company’s stock.

Insider Transactions at Micron Technology In other Micron Technology news, CAO Scott Allen sold 879 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the transaction, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. This trade represents a 2.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Lynn Dugle sold 1,300 shares of Micron Technology stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the sale, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Down 1.6% Micron Technology stock opened at $1,000.26 on Wednesday. The stock has a market cap of $1.13 trillion, a P/E ratio of 22.65, a P/E/G ratio of 0.64 and a beta of 2.22. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a twelve month low of $131.56 and a twelve month high of $1,255.00. The company’s 50-day moving average price is $929.50 and its two-hundred day moving average price is $745.20. Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter in the previous year, the company posted $1.91 earnings per share. The business’s revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is 1.36%.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Wall Street Analyst Weigh In Several analysts have issued reports on MU shares. Raymond James Financial upped their price target on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Zacks Research lowered shares of Micron Technology from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 19th. UBS Group reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 10th. Needham & Company LLC raised their target price on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Finally, Seaport Research Partners reiterated a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $1,295.63.

Get Our Latest Analysis on Micron Technology

Micron Technology Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Further Reading Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).

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2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Ancora Advisors LLC Has $9.21 Million Holdings in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Ancora Advisors LLC cut its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 14.8% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,982 shares of the semiconductor manufacturer’s stock after selling 1,388 shares during the period. Ancora Advisors LLC’s holdings in Micron Technology were worth $9,214,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Ramsey Quantitative Systems acquired a new position in shares of Micron Technology during the 2nd quarter valued at about $46,000. RHL Group LLC bought a new stake in Micron Technology during the second quarter worth approximately $47,000. Philadelphia Investment Partners LLC bought a new stake in Micron Technology during the second quarter worth approximately $54,000. Signature Resources Capital Management LLC grew its holdings in Micron Technology by 1,125.0% during the second quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer’s stock valued at $57,000 after purchasing an additional 45 shares during the last quarter. Finally, Davis Capital Management grew its holdings in Micron Technology by 510.0% during the second quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer’s stock valued at $70,000 after purchasing an additional 51 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Micron Technology In related news, Director Lynn A. Dugle sold 1,300 shares of Micron Technology stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the sale, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 177,204 shares of company stock worth $182,156,264. Insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets A number of analysts have recently weighed in on the stock. Sanford C. Bernstein set a $1,300.00 price objective on shares of Micron Technology in a research note on Monday, June 22nd. Raymond James Financial upped their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. New Street Research upgraded shares of Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 target price on the stock in a research note on Friday, August 14th. ThinkEquity reiterated a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. Finally, KeyCorp reissued an “overweight” rating on shares of Micron Technology in a research report on Monday, July 20th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Buy” and an average target price of $1,295.63. View Our Latest Stock Analysis on MU

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Micron Technology Stock Down 1.6% MU opened at $1,000.26 on Wednesday. The business has a 50 day moving average of $929.50 and a 200-day moving average of $745.20. The stock has a market capitalization of $1.13 trillion, a price-to-earnings ratio of 22.65, a P/E/G ratio of 0.64 and a beta of 2.22. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 1-year low of $131.56 and a 1-year high of $1,255.00.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The business had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. Micron Technology’s revenue was up 345.8% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 earnings per share for the current year.

Micron Technology Announces Dividend The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 1.36%.

(Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Featured Articles Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Alyeska Investment Group L.P. Sells 1,973,774 Shares of Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Alyeska Investment Group L.P. decreased its position in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 98.7% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 25,957 shares of the semiconductor manufacturer’s stock after selling 1,973,774 shares during the quarter. Alyeska Investment Group L.P.’s holdings in Micron Technology were worth $29,962,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of MU. Andar Capital Management HK Ltd lifted its holdings in Micron Technology by 856,960.3% in the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock worth $39,571,847,000 after buying an additional 34,278,413 shares during the period. Norges Bank purchased a new position in shares of Micron Technology during the fourth quarter valued at approximately $6,433,456,000. Primecap Management Co. CA bought a new position in shares of Micron Technology during the second quarter valued at approximately $22,182,263,000. Legal & General Group Plc bought a new position in shares of Micron Technology during the second quarter valued at approximately $8,402,393,000. Finally, Canada Pension Plan Investment Board bought a new position in shares of Micron Technology during the second quarter valued at approximately $3,761,237,000. 80.84% of the stock is owned by institutional investors.

Insider Activity at Micron Technology In related news, EVP April Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the transaction, the executive vice president directly owned 85,737 shares in the company, valued at $92,933,763.78. The trade was a 31.81% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, Director Lynn Dugle sold 1,300 shares of the company’s stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This trade represents a 6.83% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 177,204 shares of company stock valued at $182,156,264 over the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Micron Technology News Roundup Here are the key news stories impacting Micron Technology this week: Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Micron Technology Stock Performance Micron Technology stock opened at $1,000.26 on Wednesday. Micron Technology, Inc. has a twelve month low of $131.56 and a twelve month high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.13 trillion, a P/E ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22. The stock’s 50 day moving average is $929.50 and its 200 day moving average is $745.20.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. During the same quarter in the previous year, the business earned $1.91 earnings per share. The firm’s quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio is 1.36%.

Wall Street Analyst Weigh In Several research firms recently weighed in on MU. Stifel Nicolaus lifted their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a report on Thursday, June 18th. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Wells Fargo & Company boosted their price target on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. New Street Research raised shares of Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 price target for the company in a research note on Friday, August 14th. Finally, Cantor Fitzgerald restated an “overweight” rating and issued a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $1,295.63.

Read Our Latest Research Report on MU

Micron Technology Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Featured Stories Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
GTS Securities LLC Has $61.80 Million Stake in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
GTS Securities LLC reduced its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 25.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 53,538 shares of the semiconductor manufacturer’s stock after selling 17,802 shares during the quarter. Micron Technology accounts for 1.3% of GTS Securities LLC’s portfolio, making the stock its 12th largest position. GTS Securities LLC’s holdings in Micron Technology were worth $61,798,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. High Note Wealth LLC lifted its holdings in shares of Micron Technology by 65.4% in the fourth quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares in the last quarter. Kohmann Bosshard Financial Services LLC acquired a new position in shares of Micron Technology during the first quarter worth about $27,000. Bayban bought a new position in shares of Micron Technology during the fourth quarter worth about $29,000. WealthCollab LLC raised its position in Micron Technology by 4,500.0% in the 2nd quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer’s stock valued at $34,000 after buying an additional 270 shares during the last quarter. Finally, Financial Life Planners acquired a new stake in Micron Technology in the 1st quarter valued at approximately $36,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Trading Down 1.6% Shares of Micron Technology stock opened at $1,000.26 on Wednesday. Micron Technology, Inc. has a 12-month low of $131.56 and a 12-month high of $1,255.00. The stock has a market cap of $1.13 trillion, a P/E ratio of 22.65, a P/E/G ratio of 0.64 and a beta of 2.22. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The business’s 50 day moving average is $929.50 and its 200-day moving average is $745.20.

Micron Technology (NASDAQ:MU – Get Free Report) last released its earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating the consensus estimate of $21.39 by $3.72. The business had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm’s revenue was up 345.8% on a year-over-year basis. During the same period last year, the business earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year. Micron Technology Announces Dividend The company also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is 1.36%.

Insider Activity at Micron Technology In related news, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares in the company, valued at approximately $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 177,204 shares of company stock worth $182,156,264 over the last ninety days. Company insiders own 0.24% of the company’s stock.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Wall Street Analyst Weigh In A number of equities analysts have weighed in on the company. Deutsche Bank Aktiengesellschaft upped their price target on Micron Technology from $1,500.00 to $1,550.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Raymond James Financial lifted their price objective on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. TD Cowen reissued a “buy” rating on shares of Micron Technology in a research report on Friday, July 10th. Zacks Research cut shares of Micron Technology from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 19th. Finally, DA Davidson raised their target price on shares of Micron Technology from $1,500.00 to $2,000.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and a consensus price target of $1,295.63.

View Our Latest Report on MU

Micron Technology Company Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Further Reading Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Cookson Peirce & Co. Inc. Grows Holdings in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Cookson Peirce & Co. Inc. grew its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 1.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 65,410 shares of the semiconductor manufacturer’s stock after buying an additional 919 shares during the quarter. Micron Technology accounts for about 2.5% of Cookson Peirce & Co. Inc.’s holdings, making the stock its 7th biggest position. Cookson Peirce & Co. Inc.’s holdings in Micron Technology were worth $75,502,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Heritage Trust Co lifted its stake in Micron Technology by 9.7% during the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after acquiring an additional 1,323 shares in the last quarter. Castleark Management LLC bought a new stake in shares of Micron Technology in the 1st quarter worth $3,709,000. Oppenheimer & Co. Inc. raised its holdings in shares of Micron Technology by 16.0% in the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock valued at $56,006,000 after purchasing an additional 6,702 shares during the last quarter. Legacy Wealth Management LLC MS raised its holdings in shares of Micron Technology by 73.3% in the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after purchasing an additional 1,499 shares during the last quarter. Finally, PKO BP BANKOWY Universal Pension Society JSC bought a new position in shares of Micron Technology during the fourth quarter valued at about $61,306,000. 80.84% of the stock is owned by institutional investors.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Insider Activity at Micron Technology In other Micron Technology news, Director Lynn A. Dugle sold 1,300 shares of the company’s stock in a transaction dated Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the transaction, the director directly owned 17,728 shares in the company, valued at $20,394,823.04. This represents a 6.83% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the sale, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 177,204 shares of company stock valued at $182,156,264 in the last quarter. 0.24% of the stock is currently owned by company insiders. Micron Technology Price Performance MU opened at $1,000.26 on Wednesday. The firm has a 50-day moving average price of $929.50 and a 200-day moving average price of $745.20. Micron Technology, Inc. has a twelve month low of $131.56 and a twelve month high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.13 trillion, a price-to-earnings ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22.

Micron Technology (NASDAQ:MU – Get Free Report) last released its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, topping the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same period last year, the firm earned $1.91 EPS. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were given a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 1.36%.

Wall Street Analysts Forecast Growth A number of equities research analysts have issued reports on MU shares. Royal Bank Of Canada upped their price objective on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. The Goldman Sachs Group lifted their target price on shares of Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. Morgan Stanley boosted their target price on Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. Finally, Rosenblatt Securities increased their price target on Micron Technology from $1,200.00 to $1,500.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Four research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $1,295.63.

Check Out Our Latest Analysis on MU

Micron Technology Company Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Further Reading Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Greenleaf Trust Raises Position in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Greenleaf Trust grew its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 4.6% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 23,782 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,038 shares during the period. Greenleaf Trust’s holdings in Micron Technology were worth $27,451,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Ramsey Quantitative Systems bought a new stake in Micron Technology in the second quarter worth $46,000. RHL Group LLC purchased a new stake in shares of Micron Technology in the second quarter valued at $47,000. Philadelphia Investment Partners LLC purchased a new stake in shares of Micron Technology in the second quarter valued at $54,000. Signature Resources Capital Management LLC lifted its holdings in shares of Micron Technology by 1,125.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer’s stock worth $57,000 after acquiring an additional 45 shares during the last quarter. Finally, Davis Capital Management boosted its stake in shares of Micron Technology by 510.0% during the 2nd quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer’s stock worth $70,000 after purchasing an additional 51 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Insider Transactions at Micron Technology In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the transaction, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is owned by corporate insiders. Analysts Set New Price Targets MU has been the topic of a number of recent analyst reports. Needham & Company LLC increased their price objective on shares of Micron Technology from $1,550.00 to $1,650.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 target price on the stock in a research note on Friday, August 14th. The Goldman Sachs Group increased their price target on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a report on Thursday, June 25th. BMO Capital Markets initiated coverage on Micron Technology in a research note on Friday, August 21st. They set an “outperform” rating and a $1,300.00 price target for the company. Finally, Royal Bank Of Canada boosted their price objective on Micron Technology from $1,200.00 to $1,500.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Four analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and an average price target of $1,295.63.

Check Out Our Latest Stock Report on Micron Technology

Micron Technology Stock Performance Shares of MU stock opened at $1,000.26 on Wednesday. The firm has a market cap of $1.13 trillion, a price-to-earnings ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22. Micron Technology, Inc. has a 52-week low of $131.56 and a 52-week high of $1,255.00. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The company’s 50 day moving average is $929.50 and its 200 day moving average is $745.20.

Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter last year, the company earned $1.91 earnings per share. The firm’s revenue for the quarter was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, sell-side analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement The company also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is currently 1.36%.

(Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

See Also Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Flputnam Investment Management Co. Lowers Holdings in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Flputnam Investment Management Co. cut its holdings in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 7.4% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 120,096 shares of the semiconductor manufacturer’s stock after selling 9,626 shares during the quarter. Micron Technology makes up approximately 1.7% of Flputnam Investment Management Co.’s portfolio, making the stock its 12th largest holding. Flputnam Investment Management Co.’s holdings in Micron Technology were worth $138,626,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. M.E. Allison & CO. Inc. grew its holdings in Micron Technology by 0.8% during the 2nd quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock valued at $1,528,000 after buying an additional 11 shares during the last quarter. Cherrydale Wealth Management LLC raised its holdings in shares of Micron Technology by 1.4% in the second quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock worth $1,122,000 after acquiring an additional 13 shares during the last quarter. Bellevue Asset Management LLC raised its holdings in shares of Micron Technology by 25.5% in the second quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer’s stock worth $74,000 after acquiring an additional 13 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC lifted its position in shares of Micron Technology by 8.8% in the second quarter. Mowery & Schoenfeld Wealth Management LLC now owns 161 shares of the semiconductor manufacturer’s stock valued at $186,000 after acquiring an additional 13 shares in the last quarter. Finally, Red Door Wealth Management LLC boosted its stake in shares of Micron Technology by 0.7% during the second quarter. Red Door Wealth Management LLC now owns 1,914 shares of the semiconductor manufacturer’s stock valued at $2,209,000 after acquiring an additional 14 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Trading Down 1.6% Micron Technology stock opened at $1,000.26 on Wednesday. Micron Technology, Inc. has a 1 year low of $131.56 and a 1 year high of $1,255.00. The firm’s 50-day moving average is $929.50 and its 200-day moving average is $745.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The company has a market cap of $1.13 trillion, a P/E ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The business had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter in the prior year, the firm earned $1.91 EPS. The company’s revenue for the quarter was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current year. Micron Technology Announces Dividend The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were issued a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 1.36%.

Insiders Place Their Bets In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP April S. Arnzen sold 40,000 shares of the firm’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. The trade was a 31.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by insiders.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Wall Street Analyst Weigh In MU has been the subject of a number of analyst reports. ThinkEquity reissued a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. Seaport Research Partners restated a “buy” rating on shares of Micron Technology in a research report on Friday, August 14th. Sanford C. Bernstein set a $1,300.00 target price on shares of Micron Technology in a research note on Monday, June 22nd. Deutsche Bank Aktiengesellschaft boosted their price target on Micron Technology from $1,500.00 to $1,550.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Finally, The Goldman Sachs Group increased their price target on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research note on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology currently has a consensus rating of “Buy” and a consensus target price of $1,295.63.

Get Our Latest Analysis on MU

Micron Technology Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Further Reading Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MU? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Micron Technology, Inc. (NASDAQ:MU – Free Report).

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 04:13 1d ago
Hollencrest Capital Management Lowers Stock Holdings in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Hollencrest Capital Management lessened its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 59.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,388 shares of the semiconductor manufacturer’s stock after selling 5,030 shares during the period. Hollencrest Capital Management’s holdings in Micron Technology were worth $3,911,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MU. Ramsey Quantitative Systems acquired a new position in shares of Micron Technology in the second quarter valued at approximately $46,000. RHL Group LLC acquired a new stake in shares of Micron Technology during the second quarter worth $47,000. Philadelphia Investment Partners LLC acquired a new stake in shares of Micron Technology during the second quarter worth $54,000. Signature Resources Capital Management LLC grew its position in Micron Technology by 1,125.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer’s stock valued at $57,000 after buying an additional 45 shares during the last quarter. Finally, Davis Capital Management increased its stake in Micron Technology by 510.0% in the 2nd quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer’s stock valued at $70,000 after buying an additional 51 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling In other news, Director Lynn Dugle sold 1,300 shares of the business’s stock in a transaction on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the completion of the transaction, the director directly owned 17,728 shares of the company’s stock, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP April Arnzen sold 40,000 shares of the company’s stock in a transaction on Wednesday, July 1st. The shares were sold at an average price of $1,083.94, for a total value of $43,357,600.00. Following the completion of the sale, the executive vice president owned 85,737 shares in the company, valued at $92,933,763.78. This represents a 31.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 177,204 shares of company stock valued at $182,156,264. Company insiders own 0.24% of the company’s stock.

Wall Street Analysts Forecast Growth A number of brokerages have commented on MU. Mizuho cut their price objective on shares of Micron Technology from $1,375.00 to $1,300.00 and set an “outperform” rating for the company in a research report on Tuesday, August 25th. Raymond James Financial increased their price target on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. Susquehanna raised their price objective on shares of Micron Technology from $1,750.00 to $2,000.00 and gave the company a “positive” rating in a research report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 price objective on Micron Technology in a report on Monday, June 22nd. Finally, Rosenblatt Securities boosted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, Micron Technology currently has an average rating of “Buy” and an average target price of $1,295.63. Read Our Latest Report on MU

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Micron Technology Stock Down 1.6% Shares of NASDAQ MU opened at $1,000.26 on Wednesday. The firm’s 50-day moving average is $929.50 and its two-hundred day moving average is $745.20. The company has a market capitalization of $1.13 trillion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 0.64 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $131.56 and a 12-month high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98.

Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. During the same period in the previous year, the firm posted $1.91 EPS. The company’s quarterly revenue was up 345.8% compared to the same quarter last year. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 1.36%.

Micron Technology Company Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

See Also Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 05:47 22h ago
Can Micron Catch Up to Nvidia's $5.5 Trillion Market Cap?
MU Micron Technology
FMP Stock News
Original source text
Micron (MU -1.61%) caught many investors by surprise when it surged from a market cap of less than $100 billion at the start of 2025 to a more than $1 trillion behemoth this summer, but the memory-chip maker may have what it takes to become the world's most valuable company. To take that crown would require it to top Nvidia's (NVDA -2.01%) market cap, which is currently $5.5 trillion.

That wouldn't be easy, but it's not out of the question, either. Micron has surged by 673% over the past 12 months alone, while Nvidia has only increased by 37% over the same stretch.

Investors shouldn't expect Micron to keep delivering 673% returns each year, but there are reasons to believe that Micron will outperform Nvidia for some time and potentially become the world's most valuable company.

Image source: Getty Images.

Memory chips are just as important as GPUs AI chips have held the spotlight on Wall Street for multiple years, but Micron and other memory players only started to gain real attention at the start of the year. Rumblings from tech leaders suggest that gaining access to enough memory hardware is now their top priority.

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Elon Musk said that the global shortage of memory is "the limiting factor" to the AI build-out, and Amazon (AMZN -0.60%) specifically cited rising memory costs when raising its capital expenditure projections for this year.

Memory chips also happen to be critical components for GPUs. Every Nvidia processor includes multiple memory chips from companies like Micron. Advanced Micro Devices (AMD +5.90%) and Broadcom (AVGO +2.98%) also need memory chips for their AI accelerators.

However, it's not just AI parallel processors that require memory components. So do CPUs and solid-state drives, which are just as critical for AI infrastructure. Nvidia's GPUs are essential components for AI data centers, but Micron and its peers provide multiple foundational components for those vast server clusters. And with AI software demanding quick access to ever-larger volumes of data, Micron and other memory-chip makers have more opportunities than Nvidia to expand their products' footprints within data centers.

Micron is growing faster than Nvidia In the market cap race, Micron can only gain ground on Nvidia if its fundamentals grow faster than Nvidia's. It turns out that's what's happening.

Nvidia was no slouch in its fiscal 2027 second quarter -- it delivered 106% year-over-year revenue growth. That was a substantial increase. But it looks far less impressive next to Micron, which crushed guidance and delivered a 346% year-over-year top-line gain to $41.9 billion in its fiscal 2026 third-quarter. Both companies have net profit margins above 60%, but Micron's edged ahead of Nvidia's in their most recent quarters.

Recent acceleration has also favored Micron. While Nvidia has posted a respectable 18% sequential growth rate, Micron's revenue surged by more than 70% sequentially.

Nvidia still generates more revenue and profits per quarter than Micron, but the gap isn't that big when considering their growth rates. Nvidia's Q2 fiscal 2027 revenue and net income were $96.2 billion and $59.7 billion, respectively. In Micron's fiscal 2026 third quarter, its revenue and net income were $41.5 billion and $28.2 billion, respectively.

Micron may be one year away from reporting nearly the same revenue and net income as Nvidia just reported. The math supports that conclusion if Micron can double its revenue and profits year over year in fiscal 2027 -- and that's assuming that Micron doesn't quadruple its sales as it did in its most recent quarter.

Micron trades at a lower valuation There's been a lot of talk in the investing world about how Micron and Nvidia both have attractive valuations, especially if you compare them to the average valuations for tech stocks or the broad-market S&P 500. However, a head-to-head comparison isn't even close.

Micron trades at a forward P/E ratio of 6 compared to Nvidia's 25. Micron's shares would have to roughly quadruple for the company to match Nvidia's forward P/E ratio. A similar gap exists between these two companies'  price/earnings-to-growth (PEG) ratios. Micron's 0.14 PEG ratio is much lower than Nvidia's 0.58 PEG ratio. In general, any positive PEG ratio of less than 1 is viewed as signaling that the stock in question is undervalued. So Nvidia is still a bargain by that standard, but Micron is even more so.

Both forward P/E and the PEG ratio factor a company's expected future growth into the valuation calculation. When pricing in their upcoming opportunities, Micron looks like a better bargain, which could support the stock's continued outperformance over Nvidia. If these trends continue, Micron may be able to overtake Nvidia's market cap by the end of the decade.
2026-09-09 12:05 16h ago
2026-09-09 05:58 22h ago
B & T Capital Management DBA Alpha Capital Management Trims Position in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
B & T Capital Management DBA Alpha Capital Management lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 45.1% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,994 shares of the semiconductor manufacturer’s stock after selling 1,637 shares during the quarter. B & T Capital Management DBA Alpha Capital Management’s holdings in Micron Technology were worth $2,302,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Heritage Trust Co lifted its stake in shares of Micron Technology by 9.7% in the 4th quarter. Heritage Trust Co now owns 15,026 shares of the semiconductor manufacturer’s stock valued at $4,289,000 after purchasing an additional 1,323 shares in the last quarter. Castleark Management LLC acquired a new stake in Micron Technology during the 1st quarter worth approximately $3,709,000. Oppenheimer & Co. Inc. raised its holdings in Micron Technology by 16.0% in the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock valued at $56,006,000 after buying an additional 6,702 shares during the period. Legacy Wealth Management LLC MS raised its holdings in Micron Technology by 73.3% in the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after buying an additional 1,499 shares during the period. Finally, Financial Synergies Wealth Advisors Inc. acquired a new position in Micron Technology during the fourth quarter valued at approximately $1,316,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Stock Down 1.6% MU stock opened at $1,000.26 on Wednesday. Micron Technology, Inc. has a twelve month low of $131.56 and a twelve month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.13 trillion, a P/E ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22. The firm has a 50 day simple moving average of $929.50 and a 200-day simple moving average of $745.20.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The firm had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. During the same period in the prior year, the company posted $1.91 earnings per share. The firm’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year. Micron Technology Announces Dividend The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s dividend payout ratio is 1.36%.

Analyst Upgrades and Downgrades Several equities research analysts have issued reports on MU shares. New Street Research upgraded shares of Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 price objective for the company in a research note on Friday, August 14th. Erste Group Bank upgraded shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Wells Fargo & Company upped their price target on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Wolfe Research set a $1,500.00 price target on Micron Technology in a report on Thursday, June 25th. Finally, Sanford C. Bernstein set a $1,300.00 price objective on Micron Technology in a research report on Monday, June 22nd. Four analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Buy” and an average target price of $1,295.63.

Read Our Latest Stock Analysis on MU

Insider Buying and Selling at Micron Technology In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, CAO Scott R. Allen sold 879 shares of the stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. This represents a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 177,204 shares of company stock valued at $182,156,264. Corporate insiders own 0.24% of the company’s stock.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Micron Technology Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Featured Articles Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 05:58 22h ago
Denali Advisors LLC Purchases New Holdings in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Denali Advisors LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 6,380 shares of the semiconductor manufacturer’s stock, valued at approximately $7,364,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of the business. M.E. Allison & CO. Inc. boosted its stake in shares of Micron Technology by 0.8% during the 2nd quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock valued at $1,528,000 after buying an additional 11 shares during the last quarter. Cherrydale Wealth Management LLC grew its position in shares of Micron Technology by 1.4% during the second quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock worth $1,122,000 after buying an additional 13 shares in the last quarter. Bellevue Asset Management LLC increased its stake in shares of Micron Technology by 25.5% in the second quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer’s stock worth $74,000 after buying an additional 13 shares during the last quarter. Mowery & Schoenfeld Wealth Management LLC increased its stake in shares of Micron Technology by 8.8% in the second quarter. Mowery & Schoenfeld Wealth Management LLC now owns 161 shares of the semiconductor manufacturer’s stock worth $186,000 after buying an additional 13 shares during the last quarter. Finally, Red Door Wealth Management LLC raised its holdings in Micron Technology by 0.7% in the second quarter. Red Door Wealth Management LLC now owns 1,914 shares of the semiconductor manufacturer’s stock valued at $2,209,000 after acquiring an additional 14 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes A number of research analysts have commented on MU shares. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research note on Monday, July 20th. Wells Fargo & Company boosted their target price on shares of Micron Technology from $1,220.00 to $1,525.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Stifel Nicolaus upped their target price on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a “buy” rating in a research note on Thursday, June 18th. Wolfe Research set a $1,500.00 price target on shares of Micron Technology in a research report on Thursday, June 25th. Finally, Barclays lifted their price target on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Buy” and an average price target of $1,295.63.

Read Our Latest Stock Report on Micron Technology Key Micron Technology News Here are the key news stories impacting Micron Technology this week:

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Micron Technology Stock Down 1.6% MU stock opened at $1,000.26 on Wednesday. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98. Micron Technology, Inc. has a 1-year low of $131.56 and a 1-year high of $1,255.00. The firm has a fifty day moving average price of $929.50 and a two-hundred day moving average price of $745.20. The firm has a market cap of $1.13 trillion, a price-to-earnings ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same period last year, the firm posted $1.91 EPS. The company’s revenue for the quarter was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid a dividend of $0.15 per share. The ex-dividend date was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 1.36%.

Insider Activity In other news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Lynn A. Dugle sold 1,300 shares of the stock in a transaction that occurred on Tuesday, June 30th. The stock was sold at an average price of $1,150.43, for a total value of $1,495,559.00. Following the sale, the director owned 17,728 shares in the company, valued at $20,394,823.04. The trade was a 6.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 177,204 shares of company stock valued at $182,156,264 over the last quarter. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Company Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Featured Articles Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.
2026-09-09 12:05 16h ago
2026-09-09 05:58 22h ago
BTG Pactual Asset Management US LLC Purchases 1,377 Shares of Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
BTG Pactual Asset Management US LLC grew its position in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 106.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,667 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,377 shares during the quarter. BTG Pactual Asset Management US LLC’s holdings in Micron Technology were worth $3,078,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in MU. Brighton Jones LLC boosted its stake in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after purchasing an additional 976 shares during the period. Sivia Capital Partners LLC raised its position in Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock worth $435,000 after purchasing an additional 628 shares during the period. United Bank bought a new stake in Micron Technology in the second quarter worth about $236,000. Schnieders Capital Management LLC. lifted its stake in Micron Technology by 67.9% in the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after purchasing an additional 6,867 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in Micron Technology by 5.6% in the second quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock worth $49,987,000 after purchasing an additional 21,619 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance Shares of MU stock opened at $1,000.26 on Wednesday. The company has a market capitalization of $1.13 trillion, a P/E ratio of 22.65, a P/E/G ratio of 0.64 and a beta of 2.22. The company’s 50-day simple moving average is $929.50 and its two-hundred day simple moving average is $745.20. Micron Technology, Inc. has a one year low of $131.56 and a one year high of $1,255.00. The company has a debt-to-equity ratio of 0.05, a current ratio of 3.42 and a quick ratio of 2.98.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, beating the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company’s revenue was up 345.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities analysts anticipate that Micron Technology, Inc. will post 72.93 EPS for the current year. Micron Technology Announces Dividend The company also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is 1.36%.

Analyst Upgrades and Downgrades A number of research analysts have recently commented on MU shares. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Morgan Stanley raised their price target on Micron Technology from $1,050.00 to $1,200.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Wedbush boosted their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Wells Fargo & Company boosted their price objective on Micron Technology from $1,220.00 to $1,525.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, Needham & Company LLC upped their price objective on Micron Technology from $1,550.00 to $1,650.00 and gave the company a “buy” rating in a research report on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average target price of $1,295.63.

Check Out Our Latest Stock Analysis on Micron Technology

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Insider Buying and Selling at Micron Technology In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott Allen sold 879 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 177,204 shares of company stock worth $182,156,264 over the last quarter. Insiders own 0.24% of the company’s stock.

(Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Featured Stories Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:05 16h ago
2026-09-09 05:58 22h ago
Headlands Technologies LLC Has $15.10 Million Position in Micron Technology, Inc. $MU
MU Micron Technology
FMP Stock News
Original source text
Headlands Technologies LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 87.3% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 13,084 shares of the semiconductor manufacturer’s stock after selling 89,595 shares during the period. Micron Technology makes up approximately 1.6% of Headlands Technologies LLC’s investment portfolio, making the stock its 3rd largest position. Headlands Technologies LLC’s holdings in Micron Technology were worth $15,103,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. State Street Corp boosted its position in shares of Micron Technology by 2.1% during the 4th quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock worth $15,061,310,000 after acquiring an additional 1,090,644 shares in the last quarter. Andar Capital Management HK Ltd raised its position in Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares in the last quarter. Norges Bank acquired a new position in Micron Technology during the fourth quarter valued at approximately $6,433,456,000. Primecap Management Co. CA bought a new stake in Micron Technology during the second quarter worth $22,182,263,000. Finally, Morgan Stanley lifted its stake in Micron Technology by 5.1% during the fourth quarter. Morgan Stanley now owns 16,396,655 shares of the semiconductor manufacturer’s stock worth $4,679,771,000 after purchasing an additional 794,289 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

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

Positive Sentiment: AI demand and memory pricing remain powerful tailwinds. High-bandwidth memory (HBM) demand from AI customers is diverting wafer capacity away from conventional memory, while tighter supply and improving memory-chip prices could support Micron’s revenue, margins and upcoming guidance. Why Micron Stock Is Popping on Fresh Memory-Chip Price Data Positive Sentiment: Goldman Sachs sees signs of a renewed memory-stock rally. The firm reportedly believes months of weakness may be ending as AI spending strengthens, helping reinforce the bullish outlook for Micron and other memory manufacturers. Goldman Says the Worst May Be Over for Micron and SanDisk Positive Sentiment: Long-term industry positioning is favorable. Memory chips are increasingly central to AI infrastructure, and analysts argue Micron’s HBM position could remain strategically important as semiconductor-industry growth is driven by data-center demand. Memory chips have come to rule the AI boom Neutral Sentiment: Earnings are the next major catalyst. Micron’s shares have rallied sharply this year and recently reclaimed the $1,000 level, but the September 30 report must confirm contract pricing, HBM demand and the durability of current profits to justify further gains. Micron Stock Has Reclaimed $1,000 Negative Sentiment: Investors remain concerned about peak earnings and future supply. Micron’s extraordinary profitability may be difficult to sustain if competitors expand HBM capacity too aggressively, potentially creating oversupply and pressuring prices. Thinking of Buying Micron Stock Now Negative Sentiment: China represents a longer-term competitive risk. Chinese producers are not expected to challenge Micron’s HBM dominance immediately, but growing domestic memory capabilities could threaten its most profitable markets over time. Micron and Sandisk Face a New China Threat Micron Technology Price Performance MU stock opened at $1,000.26 on Wednesday. The company has a market capitalization of $1.13 trillion, a P/E ratio of 22.65, a PEG ratio of 0.64 and a beta of 2.22. The company has a fifty day moving average price of $929.50 and a 200-day moving average price of $745.20. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. Micron Technology, Inc. has a 52-week low of $131.56 and a 52-week high of $1,255.00. Micron Technology (NASDAQ:MU – Get Free Report) last issued its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. Micron Technology’s revenue for the quarter was up 345.8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities analysts expect that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date was Monday, July 6th. Micron Technology’s payout ratio is 1.36%.

Insider Transactions at Micron Technology In related news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 177,204 shares of company stock worth $182,156,264. 0.24% of the stock is currently owned by insiders.

Analysts Set New Price Targets MU has been the topic of several recent analyst reports. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research note on Monday, July 20th. The Goldman Sachs Group upped their price objective on Micron Technology from $900.00 to $1,100.00 and gave the stock a “neutral” rating in a research report on Thursday, June 25th. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Zacks Research cut Micron Technology from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 19th. Finally, Cantor Fitzgerald reissued an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a research note on Thursday, June 25th. Four investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and an average price target of $1,295.63.

Check Out Our Latest Analysis on MU

Micron Technology Profile (Free Report)

Micron Technology, Inc is a global semiconductor company that designs, develops, manufactures and sells memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules and high-bandwidth memory used in data-intensive computing applications.

Micron’s products support a range of markets, including data centers, artificial intelligence and high-performance computing, personal computers, smartphones, automotive systems, industrial equipment and networking devices.

Featured Stories Five stocks we like better than Micron Technology Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:05 16h ago
2026-09-09 06:59 21h ago
Memory prices could jump 60%: why Micron and SanDisk are breaking out again
MU Micron Technology
FMP Stock News
Original source text
Memory chips have emerged as the driving force behind the semiconductor industry's latest growth cycle as the artificial intelligence boom fuels demand for data-center hardware and pushes prices higher.

Memory has become the "king" of the semiconductor industry, according to Susquehanna analyst Mehdi Hosseini, who believes "its reign is here to stay."

Investments in AI data centers have put semiconductor industry revenue on track to double to about $1.5 trillion this year, with memory chips accounting for much of the increase, Hosseini said in a Tuesday note to clients, citing Semiconductor Industry Association data on global shipments and average selling prices in July, MarketWatch reported.

Memory now represents between 50% and 55% of total semiconductor revenue, compared with its historical share of roughly 20% to 30%, according to Hosseini.

The rapid construction of AI data centers has created an enormous appetite for memory and storage as companies deploy increasingly powerful systems capable of processing large volumes of data.

That demand has contributed to severe supply shortages and a sharp increase in memory prices.

While average semiconductor prices are already moving higher, Hosseini said the increase would be "more moderate" if memory were excluded from the calculation.

The analyst expects average prices for dynamic random-access memory, or DRAM, to rise 50% sequentially during the current quarter, followed by another 20% increase in the fourth quarter of 2026.

NAND flash memory prices are expected to climb even more sharply in the near term, with Hosseini forecasting a 60% sequential increase this quarter and a further 25% rise in the following quarter.

The price increases are providing a significant earnings tailwind for memory manufacturers, which have spent much of the previous semiconductor cycle dealing with volatile demand and periods of oversupply.

Micron Technology has been one of the strongest-performing stocks in the S&P 500 this year as investors have increasingly priced in the benefits of the memory shortage.

Micron shares have risen about 250% so far this year. SanDisk, which specializes in NAND flash memory, has performed even more strongly, with its stock up 531%.

Hosseini has positive ratings on both companies.

Meanwhile, Goldman Sachs has identified early signs that investor interest in the memory trade is returning after a quieter summer.

The firm said Micron and SanDisk are beginning to break out of downtrends that had constrained their shares during the summer.

The setup comes as positioning in the broader AI trade remains relatively subdued. Goldman’s prime brokerage data showed gross leverage among US fundamental long/short hedge funds at the 27th percentile of the past year, while net leverage stood at just the fourth percentile.

Options activity has also eased, with the CBOE Semiconductor ETF Volatility Index falling to around 36 from roughly 65 in July, pointing to a significant decline in expected swings across semiconductor stocks.

That combination could leave room for investors who reduced their exposure during the summer to rebuild positions if the strength in AI-related memory demand persists.

One of the most important areas of the memory market is high-bandwidth memory, or HBM, which is increasingly critical for AI accelerators.

Earlier this month, South Korean news outlet Electronic Times reported that Micron was targeting a doubling of its HBM production capacity by the end of the year.

HBM consists of multiple layers of DRAM stacked together and is designed to provide the high-speed data access required by AI processors.

Nvidia is among the major chip companies relying on HBM to handle increasingly intensive AI workloads.

The production process is more silicon-intensive than conventional memory manufacturing, meaning the rapid expansion of HBM capacity can also constrain supplies of traditional DRAM.

That dynamic has contributed to the broader tightening of the memory market.

Memory is not the only part of the semiconductor industry benefiting from higher prices.

Hosseini said logic chips, including central processing units, have also seen average selling prices rise.

However, he noted that "recent trends suggest a period of stabilization."

He linked some of the moderation to delays in the ramp-up of Nvidia's next-generation Rubin AI platform, which includes Vera central processing units and Rubin graphics processing units.

The timing of new AI hardware remains important for semiconductor companies because each generation can require significant increases in memory capacity and bandwidth.

At the same time, Hosseini argued that higher upfront hardware costs do not necessarily undermine the longer-term economics of AI.

Future generations of AI hardware will carry "a higher upfront cost," he said, but falling prices for tokens — the units of data processed by AI models — combined with rising token production should support "the economic value proposition of AI at scale."

Despite the strength of the memory trade, investors still face a familiar problem: the industry remains highly cyclical.

Memory companies can benefit rapidly when demand exceeds supply, but production increases can eventually reverse the balance and put pressure on prices and margins.

Consumer spending and broader electronics demand can also shift quickly.

That makes the recent technical strength in Micron and SanDisk only part of the story.

For Micron, the next major test will come with its fiscal fourth-quarter results on Sept. 30.

Investors will be looking for evidence that the surge in memory prices is translating into sustained revenue and profit growth rather than simply a temporary improvement in the industry's cycle.

For now, however, the fundamental backdrop remains favorable.
2026-09-09 12:05 16h ago
2026-09-09 07:15 20h ago
Billionaire Stanley Druckenmiller Dumped 2 Chip Stocks to Load Up On These 2 Robotics-Focused AI Plays
MU Micron Technology
FMP Stock News
Original source text
Stanley Druckenmiller has long been viewed as one of the best investors ever.

The billionaire worked under the legendary investor George Soros, and also mentored key financial figures today, such as U.S. Treasury Secretary Scott Bessent and Federal Reserve Chair Kevin Warsh.

His own fund, Duquesne Capital, never had a year in the red from 1981 to 2010, while generating eye-popping average annual returns of over 30%. Currently, Druckenmiller manages his personal wealth through the $5.2 billion asset Duquesne Family Office, where investors can see what he bought and sold each quarter.

In the second quarter, Druckenmiller sold three chip stocks and loaded up on two robotics-focused artificial intelligence (AI) plays.

Image source: Getty Images.

Selling a memory and a CPU company It's not uncommon to see Druckenmiller trade in and out of stocks quarter to quarter, especially in today's world, where valuations can go from cheap to highly overvalued in a matter of weeks and sometimes days.

In the second quarter, the Duquesne Family Office exited its positions in central processing unit (CPU) company Intel (INTC +9.05%) and memory maker Micron Technology (MU -1.61%), both of which have been among the biggest winners of the year. 

Data by YCharts.

For Intel, it has been all about demand for CPUs to power agentic AI, which are mostly autonomous systems capable of completing human-like tasks. CPUs power older technology like cell phones and laptops.

While graphics processing units (GPUs) still handle much of the inference that powers the reasoning component of agentic AI, CPUs are now viewed as the most efficient way to orchestrate these tasks. Intel now also has its own foundry that plans to make chips for external customers.

Micron now has a market cap of over $1 trillion, as demand for memory has soared. Memory, such as NAND flash memory and dynamic random-access memory (DRAM), plays different roles in supplying data to GPUs.

As GPU clusters scale and more data centers get built, demand for memory is expected to be constrained. While both businesses still have big roles to play in the AI revolution, I'm guessing Druckenmiller and his team thought it might be time to take profits after the strong run by each stock.

Even if you are a firm believer in AI's long-term staying power, that doesn't mean there won't be a lot of volatility along the way.

Two stocks believed to be at the forefront of robotics In the second quarter, Duquesne Family Office purchased call options on Tesla (TSLA +3.98%) with a notional value of nearly $53 million. The fund also increased its position in Amazon (AMZN -0.60%) tenfold and bought call options on the company. Amazon is now one of the Top 10 holdings in the portfolio.

Tesla has already begun deploying robots, in a sense, with its autonomous robotaxi fleet, which was operating to some degree in seven cities at the end of the second quarter.

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While there are still many questions about the fleet right now, such as whether it is truly autonomous or how long it might take to become a real contributor to revenue at the company, Tesla is believed to be one of the leaders in the space and also claims to have a cost advantage when it comes to building robotaxis.

The company has also recently begun production of its humanoid Optimus robots, which will supposedly be capable of performing household chores autonomously, saving people a lot of time throughout the day. Tesla CEO Elon Musk has said he thinks Optimus will be the company's largest product ever.

Amazon's business has several key areas where robots can play a role. The company has already started integrating robots into its warehouses and fulfillment processes, which is expected to trim billions in expenses in the coming years.

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Amazon is also in the process of making drone deliveries part of its massive e-commerce business, and has also entered the humanoid robot space through its acquisition of Fauna Robotics earlier this year.

Of these two stocks, I still find Tesla's valuation too rich, but I think Amazon is one of the AI giants that can really benefit from robotics and generate strong long-term returns for shareholders.
2026-09-09 12:05 16h ago
2026-09-09 06:06 22h ago
GameStop now generates more revenue from collectibles than video games
GME GameStop
FMP Stock News
Original source text
The original meme stock is not the company that was famously portrayed in the movie “Dumb Money.”
2026-09-09 12:04 16h ago
2026-09-09 08:02 20h ago
Philip Morris Raises FX Outlook as IQOS, ZYN Fuel Smoke-Free Growth
PM Philip Morris International
FMP Stock News
Original source text
Philip Morris Trimmed Guidance, But Its Growth Story Looks UnshakenPhilip Morris International NYSE: PM Chief Executive Officer Jacek Olczak said the company has revised its full-year guidance solely to reflect foreign-exchange movements, citing a favorable currency impact of about $0.24 at current spot rates. For the third quarter, the company expects a favorable currency effect of about $0.01, he said during a Barclays discussion hosted by Pallav Mittal, the bank’s head of global tobacco.

Get PM alerts:

Olczak said the company remains focused on expanding its smoke-free product portfolio, led by IQOS heated tobacco products and ZYN nicotine pouches, while combustible cigarette volumes have performed somewhat better than previously expected in certain markets.

Japan tax changes and IQOS performance Doubt the Market? 3 Stocks to Rideout Fear, Uncertainty and DoubtJapan remains a key focus as the country implements successive excise-tax-driven price increases. Olczak said an April tax increase was followed by a second stage of increases in October, with another increase expected next April affecting both cigarettes and heated tobacco products.

He acknowledged that the magnitude and frequency of price changes can create “some sort of a shockwave” for consumers, particularly because heated tobacco and cigarettes have faced different pricing dynamics. Still, he said the heated tobacco category has stabilized following consumer inventory loading and deloading ahead of the October increase and is resuming growth.

3 Dividend Kings Outshining the Market in 2025Olczak said Philip Morris continues to target net adjusted in-market sales growth in Japan for the full year. He noted that heated tobacco had exceeded 50% of Japan’s nicotine market by volume about a year ago and that IQOS has maintained a high share of the premium segment despite competitive pricing strategies.

The revised tax framework also improves the economics of price increases for heated tobacco products, according to Olczak. He said Philip Morris was able to pass through the latest Japanese increase “plus,” resulting in margin improvement in the market.

While higher heated-tobacco prices temporarily reduce the financial incentive for cigarette users to switch, Olczak said the competitive pricing relationship should become more balanced when cigarette prices rise as well. He said the company expects Japan’s revenue performance to remain solid even as consumer elasticity affects volume trends.

Growth outlook and U.S. IQOS plans Olczak said Philip Morris views low-double-digit to low-teens earnings-per-share growth as an attainable medium-term objective. The outlook is supported by a shift in the company’s business mix, including what he said could be a sixth consecutive year of total volume growth.

Both combustible and smoke-free categories are contributing pricing growth, he said, while positive volumes are improving the quality of revenue growth. Marketing investments can fluctuate depending on the company’s efforts to establish or strengthen leadership positions in smoke-free categories, he added.

On the U.S. market, Olczak said the company is prepared to launch IQOS ILUMA once it receives authorization from the U.S. Food and Drug Administration. He declined to provide a timeline for the pending premarket tobacco product application, saying only that approval appears “shorter” and “sooner than later.”

Philip Morris has authorization for an earlier IQOS technology, but Olczak said it would not make sense to launch that retired version in the United States while the company awaits authorization for ILUMA. He said the company is also preparing future IQOS innovations beyond ILUMA.

Over time, Olczak said heated tobacco products could reach roughly 10% of the combined U.S. cigarette and heated tobacco market, based on IQOS performance across other markets. He characterized the United States as the company’s largest unaddressed growth opportunity, citing its size and attractive nicotine-product economics.

ZYN expansion targets pouch-market growth In the United States, Philip Morris has expanded ZYN through its ZYN ULTRA line, adding more than 20 stock-keeping units over roughly two months. The expanded offering includes moist-format products and higher nicotine strengths, including 9 milligram and 11 milligram options, compared with the flagship ZYN range of 3 milligrams and 6 milligrams.

Olczak said the company is also considering a 1.5 milligram offering. The broader nicotine-strength range is intended to serve consumers entering the category at lower strengths as well as those seeking stronger products, he said.

The company is transitioning from 15-pouch cans to 20-pouch cans and is adjusting ZYN’s historical price premium to a more manageable level, according to Olczak. He said the changes are designed to provide additional consumer value and support growth and market-share recovery.

Olczak said ZYN ULTRA has been received in line with company expectations, though distribution buildout and consumer communication remain important because of the scale of the portfolio expansion. Philip Morris has also launched a “When It Clicks” campaign and is increasing investment behind the brand during the second half of the year.

Despite recent market data suggesting mid-teens category growth, Olczak said he still expects the U.S. nicotine pouch category to grow at a rate above 20% over the longer term. He said growth is supported by consumers shifting from other oral tobacco products, e-vapor products and cigarettes, though usage patterns differ among those groups.

Capital allocation priorities Olczak said the company’s first capital-return priority remains its dividend and dividend growth. He said Philip Morris expects to discuss the dividend with its board and could begin discussing share repurchases shortly afterward, though he made no commitment on timing or size.

“Dividend is the most preferred form” of returning cash to shareholders, Olczak said, adding that buybacks would be a subsequent consideration absent other investment opportunities.

About Philip Morris International (NYSE:PM)Philip Morris International Inc is a global tobacco and nicotine company headquartered in Stamford, Connecticut. The company develops, manufactures and markets cigarettes, smoke-free products, nicotine products and related consumer offerings in markets around the world.

Its portfolio includes internationally recognized cigarette brands such as Marlboro, Parliament, L&M and Chesterfield. PMI is also expanding beyond traditional cigarettes through heated-tobacco products, including IQOS, e-vapor products such as VEEV, and oral nicotine products including ZYN, which became part of the company's portfolio following its acquisition of Swedish Match.

Philip Morris International was established as an independent company in 2008 after being separated from Altria Group, whose U.S.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to [email protected].

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2026-09-09 12:04 16h ago
2026-09-09 07:06 21h ago
Step Aside, ExxonMobil: 2 Foundational AI Stocks Now Pay Larger Dividends
TSM Taiwan Semiconductor
FMP Stock News
Original source text
Though there is no shortage of ways to make money on Wall Street, buying and holding high-quality dividend stocks is near the top of the list. In "The Power of Dividends: Past, Present, and Future," the analysts at Hartford Funds, in collaboration with Ned Davis Research, found that dividend stocks crushed non-payers in average annual return from 1973-2025 (9.2% vs. 4.21%).

Historically, oil stocks like ExxonMobil (XOM +0.75%) have been top-tier sources of income. ExxonMobil's $4.12/share annual dividend equates to more than $16.9 billion in payouts. But you might be surprised to learn that two of Wall Street's foundational artificial intelligence (AI) stocks -- Nvidia (NVDA -2.01%) and Microsoft (MSFT -1.15%) -- have leapfrogged ExxonMobil in annual payouts.

Image source: Getty Images.

Nvidia: $24.15 billion in annual dividend payoutsDividends have never played a particularly large role in the Nvidia investment thesis. However, the AI revolution changed everything.

Nvidia's graphics processing units (GPUs) are essentially the brains that power AI-accelerated data centers. Four generations of Nvidia's GPUs (Hopper, Blackwell, Blackwell Ultra, and Vera Rubin) collectively hold a virtual monopoly in enterprise data centers. The company's chips possess clear compute advantages that businesses have been willing to pay a premium for.

Additionally, CEO Jensen Huang aims to bring a new advanced chip to market each year. Such an aggressive innovation cycle should help Nvidia to retain its clear-cut compute edge.

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The AI hardware supply-demand mismatch is working in Nvidia's favor, as well. Even with Taiwan Semiconductor Manufacturing's (TSM +2.35%) best efforts to expand its chip-on-wafer-on-substrate capacity, demand for GPUs (and other AI infrastructure) has overwhelmed supply, leading to otherworldly pricing power for hardware providers.

With Nvidia rolling in the dough, courtesy of insatiable GPU demand, the company has increased its quarterly dividend 25-fold to $0.25. This works out to an annual dividend payout of $24.15 billion.

Image source: Getty Images.

Microsoft: $27.05 billion in annual dividend payoutsBut when it comes to the kingpin of dividend stocks on Wall Street, it's legacy software giant Microsoft that takes the crown. Even though Microsoft is only yielding 0.73%, the company has raised its payout for 21 consecutive years, with its $3.64/share dividend equating to more than $27 billion in annual payments.

Although Microsoft's legacy software platforms, such as Windows and Office, left their growth heydays long ago, they're still dominant and capable of generating a boatload of operating cash flow. The cash flow generated from Microsoft's legacy operations helps to fund acquisitions and its AI ambitions.

MSFT Dividend data by YCharts

Whereas Nvidia is a foundational hardware company, Microsoft is at the forefront of AI applications.

Before artificial intelligence became the hottest thing since sliced bread, Microsoft's Azure cloud platform was steadily growing sales by around 30% annually. Since integrating generative AI and large language model capabilities into Azure, the world's No. 2 cloud infrastructure services platform by total spend, sales growth has reaccelerated to 43%, as of the fiscal fourth quarter (ending June 30).

Microsoft closed out fiscal 2026 with more than $76.8 billion in cash, cash equivalents, and short-term investments, and generated close to $183 billion in net cash from its operations for the full year. It has more than enough capital flowing into its coffers to invest aggressively in AI and take care of its shareholders.
2026-09-09 12:04 16h ago
2026-09-09 07:30 20h ago
TSMC's Arizona Bet Was My Biggest Worry In July - Now It's My Best Argument
TSM Taiwan Semiconductor
FMP Stock News
Original source text
SummaryTaiwan Semiconductor Manufacturing Company remains a Buy as Arizona operations shift from margin drag to profit driver, supported by strong pricing power and utilization.TSMC's monthly revenue patterns and FX headwinds explain recent margin pressures, but these are temporary and largely anticipated within current guidance.Capacity constraints, not demand, now limit TSM revenue growth; advanced packaging lines are sold out through 2027, with construction labor the main bottleneck.Tariff risks tied to U.S. investment create a new strategic imperative, making capital spending a toll for market access, but current U.S. expansion supports near-term upside. mesh cube/iStock via Getty Images

Back in July, I rated Taiwan Semiconductor Manufacturing Company Limited, aka TSMC (TSM), a Buy at roughly $424, and the reasoning was simple enough: the stock traded at well under half the multiple its growth

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Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.
2026-09-09 12:04 16h ago
2026-09-09 06:00 22h ago
Billionaire Israel Englander Is Doubling Down on These 2 Outstanding Dividend Stocks. Should You?
ABT Abbott
FMP Stock News
Original source text
Israel Englander is a famous and successful hedge fund manager who founded Millennium Management. This hedge fund firm has delivered excellent returns over the past few decades, so it is worth taking a look inside its portfolio. During the second quarter, Izzy Englander and his team made several notable purchase decisions, including increasing their stakes in two dividend-paying companies: AbbVie (ABBV -3.00%) and Costco (COST -0.61%). The firm more than doubled its position in both stocks. Should retail investors follow suit?

Image source: The Motley Fool.

1. AbbVie AbbVie has faced challenges in recent years, including a major patent cliff and clinical setbacks that have weighed on the stock. Somehow, the company always manages to bounce back. AbbVie's shares have moved in line with the S&P 500 this year, and they may continue doing so -- and perhaps even outpace broader equities -- over the medium term. Consider several reasons why. First, AbbVie's core business is rock-solid.

The company's two growth pillars, the immunology medicines Skyrizi and Rinvoq, are doing much of the heavy lifting. In the second quarter, AbbVie's revenue grew by 10.2% year over year to about $17 billion. Sales from Skyrizi and Rinvoq grew much faster than that, lifting the company's average. Neither medicine will lose patent exclusivity until the next decade, so they still have plenty of growth fuel left. And it's also worth noting that AbbVie has no remaining significant patent cliff through the end of the current decade.

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Second, AbbVie has a deep pipeline with several products that could become blockbusters. One of them is ABBV-295, an investigational long-acting weight-loss candidate. ABBV-295 is an interesting product that could carve out a niche in the fast-growing anti-obesity market, as it could be administered monthly and address the need for weight-loss options with fewer adverse events. ABBV-295 is still in early-stage studies. There is a long road ahead before it can hope to earn approval.

But ABBV-295 is only the tip of the iceberg when it comes to AbbVie's pipeline. Consider the company's recent acquisition of Apogee Therapeutics for $10.9 billion in cash. Apogee brings a highly promising phase 3 asset, zumilokibart, under development for atopic dermatitis. Zumilokibart could have the advantage of being administered less frequently than current medicines in this area while sacrificing little in efficacy. AbbVie still has to demonstrate that in phase 3 studies, but this is a candidate that could help solidify its position in the immunology market.

Third, AbbVie is a fantastic dividend stock. When including the time it spent as a division of Abbott Laboratories (ABT -2.59%), the company is a Dividend King, or a corporation with 50 -- or more -- consecutive years of payout increases. Reinvesting dividends can significantly boost long-term returns, particularly with a stock that consistently grows its payouts like AbbVie does. That's another reason the company may outperform broader equities, and is worth investing in today for long-term, income-seeking investors.

2. Costco Costco has faced a fairly volatile environment this year. Soaring gas prices and other macro headwinds have weighed on the company's business. Meanwhile, the stock remains fairly expensive. Costco is trading at 40.8x forward earnings, versus an average of 21.6x for consumer staples stocks. Investors are willing to pay a premium for Costco, so long as the business remains healthy.

But like always, expensive stocks can decline meaningfully at any sign of trouble, and that's what has happened to the retail giant. Costco's shares are down 4% over the past year, while the S&P 500 has gained 19%. That said, Costco's financial resuls has proved fairly resilient despite the headwinds it is facing.

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In the third quarter of the company's fiscal year 2026 (its period that ended on May 10), Costco's revenue grew by 11.6% year over year to $70.5 billion. Comparable sales rose 9.8%, while the company's earnings per share were $4.93, up 15% versus the comparable period of the previous fiscal year. Costco may remain somewhat volatile in the short run as it navigates an uncertain environment, but there is a lot to like about the company's long-term prospects.

Costco's subscription business model provides a high-margin, recurring revenue stream and a powerful incentive for customers to keep shopping in its stores to get their money's worth from their subscriptions. That alone grants the company a solid competitive advantage. It also has a strong e-commerce business that should help lift profits and margins over the long run. Then there is the dividend. Costco has raised its payouts for 22 consecutive years.

That's not close to Dividend King status, but it's still impressive. Despite Costco's low 0.6% forward yield, the company is a solid income stock to hold onto for a while. I'd follow Israel Englander's lead on this one.
2026-09-09 12:03 16h ago
2026-09-09 03:53 1d ago
Danaher Corporation $DHR Shares Acquired by Concurrent Investment Advisors LLC
DHR Danaher
FMP Stock News
Original source text
Concurrent Investment Advisors LLC lifted its stake in shares of Danaher Corporation (NYSE:DHR – Free Report) by 29.8% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 11,715 shares of the conglomerate’s stock after acquiring an additional 2,691 shares during the period. Concurrent Investment Advisors LLC’s holdings in Danaher were worth $2,231,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. NEOS Investment Management LLC raised its stake in Danaher by 10.8% during the second quarter. NEOS Investment Management LLC now owns 102,582 shares of the conglomerate’s stock worth $19,540,000 after purchasing an additional 10,013 shares during the period. Braidwell LP grew its stake in shares of Danaher by 8.1% in the 2nd quarter. Braidwell LP now owns 150,627 shares of the conglomerate’s stock valued at $28,691,000 after buying an additional 11,300 shares during the period. Greenspring Advisors LLC increased its holdings in shares of Danaher by 94.5% during the 2nd quarter. Greenspring Advisors LLC now owns 2,373 shares of the conglomerate’s stock worth $452,000 after buying an additional 1,153 shares during the last quarter. Nykredit A S acquired a new stake in shares of Danaher during the 2nd quarter worth approximately $32,719,000. Finally, Investors Research Corp raised its position in shares of Danaher by 28,000.0% during the 2nd quarter. Investors Research Corp now owns 2,810 shares of the conglomerate’s stock valued at $535,000 after buying an additional 2,800 shares during the period. Institutional investors and hedge funds own 79.05% of the company’s stock.

Analyst Ratings Changes A number of research analysts recently commented on DHR shares. Wells Fargo & Company decreased their price objective on Danaher from $212.00 to $195.00 and set an “equal weight” rating on the stock in a report on Wednesday, July 22nd. Weiss Ratings raised Danaher from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, July 15th. Deutsche Bank Aktiengesellschaft restated a “buy” rating and issued a $240.00 target price on shares of Danaher in a research report on Wednesday, July 22nd. TD Cowen decreased their price target on Danaher from $240.00 to $236.00 and set a “buy” rating on the stock in a research note on Wednesday, July 22nd. Finally, Piper Sandler started coverage on Danaher in a research report on Thursday, June 11th. They set a “neutral” rating and a $200.00 price objective for the company. One analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $228.91.

Get Our Latest Stock Report on DHR Danaher Trading Down 1.2% Shares of DHR stock opened at $205.23 on Wednesday. Danaher Corporation has a fifty-two week low of $160.93 and a fifty-two week high of $242.80. The company has a 50 day moving average price of $202.33 and a 200 day moving average price of $192.13. The stock has a market capitalization of $144.28 billion, a P/E ratio of 36.45, a price-to-earnings-growth ratio of 2.59 and a beta of 0.78. The company has a debt-to-equity ratio of 0.48, a quick ratio of 1.25 and a current ratio of 1.65.

Danaher (NYSE:DHR – Get Free Report) last issued its quarterly earnings results on Monday, July 20th. The conglomerate reported $1.94 earnings per share for the quarter, topping the consensus estimate of $1.85 by $0.09. The company had revenue of $6.26 billion for the quarter, compared to the consensus estimate of $6.12 billion. Danaher had a return on equity of 11.04% and a net margin of 15.95%.Danaher’s revenue was up 5.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.77 EPS. Equities research analysts predict that Danaher Corporation will post 8.53 EPS for the current fiscal year.

About Danaher (Free Report)

Danaher Corporation (NYSE:DHR) is a global science and technology company that develops products, services and solutions for the life sciences, biotechnology and diagnostics markets. Its businesses support pharmaceutical and biotechnology research, biomanufacturing, clinical laboratories and healthcare providers.

The company’s portfolio includes bioprocessing technologies, laboratory instruments, consumables, reagents and software. Key businesses include Cytiva, which provides biomanufacturing solutions; Beckman Coulter, which supplies laboratory diagnostics and automation systems; Leica Biosystems, which develops pathology products; and IDT, which provides genomic and nucleic acid products.

Featured Stories Five stocks we like better than Danaher Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:03 16h ago
2026-09-09 04:03 1d ago
California State Teachers Retirement System Acquires 156,085,748 Shares of Medtronic PLC $MDT
MDT Medtronic
FMP Stock News
Original source text
California State Teachers Retirement System increased its holdings in Medtronic PLC (NYSE:MDT – Free Report) by 7,655.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 158,124,578 shares of the medical technology company’s stock after buying an additional 156,085,748 shares during the quarter. California State Teachers Retirement System owned 12.35% of Medtronic worth $12,370,086,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Monetary Solutions Ltd bought a new stake in shares of Medtronic during the 4th quarter valued at $27,000. Acumen Wealth Advisors LLC purchased a new stake in shares of Medtronic in the 4th quarter worth $29,000. Imprint Wealth LLC bought a new position in Medtronic in the 3rd quarter worth $31,000. Basepoint Wealth LLC bought a new position in Medtronic in the 4th quarter worth $32,000. Finally, Tucker Asset Management LLC purchased a new position in Medtronic during the fourth quarter valued at $33,000. 82.06% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In MDT has been the subject of several recent research reports. JPMorgan Chase & Co. cut their price target on Medtronic from $100.00 to $86.00 and set a “neutral” rating for the company in a report on Thursday, June 4th. Wall Street Zen cut Medtronic from a “buy” rating to a “hold” rating in a research report on Saturday. The Goldman Sachs Group cut their price objective on Medtronic from $84.00 to $83.00 and set a “neutral” rating for the company in a research note on Thursday, June 4th. Truist Financial reissued a “hold” rating and issued a $99.00 target price (up from $86.00) on shares of Medtronic in a report on Wednesday, September 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a “hold” rating and set a $92.00 target price on shares of Medtronic in a research note on Thursday, September 3rd. Nineteen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Medtronic presently has a consensus rating of “Moderate Buy” and a consensus target price of $103.92.

Read Our Latest Stock Analysis on MDT Medtronic Stock Down 1.9% Shares of NYSE MDT opened at $92.41 on Wednesday. The company has a current ratio of 2.07, a quick ratio of 1.54 and a debt-to-equity ratio of 0.50. Medtronic PLC has a 12-month low of $73.31 and a 12-month high of $106.33. The firm’s 50-day moving average price is $87.33 and its 200-day moving average price is $85.21. The stock has a market capitalization of $118.20 billion, a price-to-earnings ratio of 22.76, a P/E/G ratio of 2.21 and a beta of 0.56.

Medtronic (NYSE:MDT – Get Free Report) last issued its quarterly earnings data on Tuesday, September 1st. The medical technology company reported $1.45 earnings per share for the quarter, topping the consensus estimate of $1.39 by $0.06. Medtronic had a return on equity of 14.78% and a net margin of 13.93%.The company had revenue of $9.76 billion for the quarter, compared to analysts’ expectations of $9.55 billion. During the same period in the previous year, the firm posted $1.26 earnings per share. The firm’s revenue for the quarter was up 13.7% on a year-over-year basis. Medtronic has set its Q2 2027 guidance at 1.320-1.340 EPS and its FY 2027 guidance at 5.940-6.000 EPS. On average, equities research analysts anticipate that Medtronic PLC will post 5.96 EPS for the current fiscal year.

Medtronic Announces Dividend The business also recently announced a quarterly dividend, which will be paid on Friday, October 16th. Stockholders of record on Friday, September 25th will be given a dividend of $0.72 per share. The ex-dividend date of this dividend is Friday, September 25th. This represents a $2.88 annualized dividend and a dividend yield of 3.1%. Medtronic’s payout ratio is currently 70.94%.

Medtronic Profile (Free Report)

Medtronic plc is a global medical technology company that develops, manufactures and sells devices and therapies used to diagnose and treat a broad range of medical conditions. Its products are designed for hospitals, physicians and patients across areas including cardiac care, diabetes, neurological disorders, spinal conditions and surgical procedures.

The company’s portfolio includes pacemakers, implantable cardioverter-defibrillators, cardiac ablation systems, heart valves, neurostimulation systems, implantable pumps, spinal implants and surgical technologies.

See Also Five stocks we like better than Medtronic Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding MDT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Medtronic PLC (NYSE:MDT – Free Report).

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2026-09-09 12:03 16h ago
2026-09-09 04:29 23h ago
Analyzing Energous (NASDAQ:WATT) and Texas Instruments (NASDAQ:TXN)
TXN Texas Instruments
FMP Stock News
Original source text
Texas Instruments (NASDAQ:TXN – Get Free Report) and Energous (NASDAQ:WATT – Get Free Report) are both technology companies, but which is the better stock? We will compare the two companies based on the strength of their risk, valuation, dividends, analyst recommendations, profitability, institutional ownership and earnings.

Analyst Ratings This is a summary of recent ratings and recommmendations for Texas Instruments and Energous, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score Texas Instruments 4 8 15 2 2.52 Energous 1 1 0 0 1.50 Texas Instruments presently has a consensus price target of $312.12, indicating a potential upside of 20.55%. Given Texas Instruments’ stronger consensus rating and higher possible upside, research analysts clearly believe Texas Instruments is more favorable than Energous.

Volatility and Risk Texas Instruments has a beta of 1.33, suggesting that its share price is 33% more volatile than the S&P 500. Comparatively, Energous has a beta of 1.56, suggesting that its share price is 56% more volatile than the S&P 500. Valuation & Earnings This table compares Texas Instruments and Energous”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio Texas Instruments $17.68 billion 13.37 $5.00 billion $6.57 39.41 Energous $5.63 million 10.76 -$9.59 million ($2.21) -4.95 Texas Instruments has higher revenue and earnings than Energous. Energous is trading at a lower price-to-earnings ratio than Texas Instruments, indicating that it is currently the more affordable of the two stocks.

Insider & Institutional Ownership 85.0% of Texas Instruments shares are owned by institutional investors. Comparatively, 4.3% of Energous shares are owned by institutional investors. 0.6% of Texas Instruments shares are owned by company insiders. Comparatively, 0.2% of Energous shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Profitability This table compares Texas Instruments and Energous’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets Texas Instruments 31.11% 35.77% 17.31% Energous -76.37% -28.67% -24.91% Summary Texas Instruments beats Energous on 14 of the 15 factors compared between the two stocks.

(Get Free Report)

Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers in the United States and internationally. The company operates through Analog and Embedded Processing segments. The Analog segment offers power products to manage power requirements across various voltage levels, including battery-management solutions, DC/DC switching regulators, AC/DC and isolated controllers and converters, power switches, linear regulators, voltage references, and lighting products. This segment provides signal chain products that sense, condition, and measure signals to allow information to be transferred or converted for further processing and control, including amplifiers, data converters, interface products, motor drives, clocks, and logic and sensing products. The Embedded Processing segment offers microcontrollers that are used in electronic equipment; digital signal processors for mathematical computations; and applications processors for specific computing activity. This segment offers products for use in various markets, such as industrial, automotive, personal electronics, communications equipment, enterprise systems, and calculators and other. It provides DLP products primarily for use in project high-definition images; calculators; and application-specific integrated circuits. The company markets and sells its semiconductor products through direct sales and distributors, as well as through its website. Texas Instruments Incorporated was founded in 1930 and is headquartered in Dallas, Texas.

About Energous (Get Free Report)

Energous Corporation provides wireless charging system solutions in the United States. The company develops WattUp wireless power networks technology that consists of semiconductor chipsets; software controls; hardware designs; and antennas that enables radio frequency-based charging for Internet of Things devices. Its products are used in asset trackers; sensors; retail displays; and security devices; smart home; medical; industrial; and other sensors; electronic shelf labeling; logistics and asset tracking tags and sensors; computer mice and keyboards; remote controls; gaming consoles and controllers; hearing aids; rechargeable batteries; automotive accessories; smart textiles; wearables; and medical devices. The company was formerly known as DvineWave Inc. and changed its name to Energous Corporation in January 2014. Energous Corporation was incorporated in 2012 and is headquartered in San Jose; California.

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2026-09-09 12:03 16h ago
2026-09-09 03:54 1d ago
Allworth Financial LP Sells 17,231 Shares of Union Pacific Corporation $UNP
UNP Union Pacific
FMP Stock News
Original source text
Allworth Financial LP decreased its position in shares of Union Pacific Corporation (NYSE:UNP – Free Report) by 25.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 51,370 shares of the railroad operator’s stock after selling 17,231 shares during the period. Allworth Financial LP’s holdings in Union Pacific were worth $13,973,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. California State Teachers Retirement System boosted its stake in Union Pacific by 29,250.5% during the second quarter. California State Teachers Retirement System now owns 247,700,336 shares of the railroad operator’s stock valued at $67,374,491,000 after buying an additional 246,856,396 shares during the last quarter. State Street Corp increased its stake in Union Pacific by 4.3% in the 4th quarter. State Street Corp now owns 26,330,080 shares of the railroad operator’s stock worth $6,090,674,000 after acquiring an additional 1,082,285 shares during the last quarter. Capital World Investors raised its holdings in shares of Union Pacific by 92.1% during the 4th quarter. Capital World Investors now owns 20,136,349 shares of the railroad operator’s stock worth $4,658,142,000 after acquiring an additional 9,655,306 shares in the last quarter. Geode Capital Management LLC raised its holdings in shares of Union Pacific by 2.0% during the 4th quarter. Geode Capital Management LLC now owns 15,360,668 shares of the railroad operator’s stock worth $3,552,550,000 after acquiring an additional 296,814 shares in the last quarter. Finally, Bank of America Corp DE boosted its position in shares of Union Pacific by 0.4% during the 2nd quarter. Bank of America Corp DE now owns 14,527,563 shares of the railroad operator’s stock valued at $3,951,497,000 after acquiring an additional 64,492 shares during the last quarter. 80.38% of the stock is owned by institutional investors.

Union Pacific Stock Performance NYSE:UNP opened at $288.68 on Wednesday. The stock’s fifty day moving average is $294.62 and its 200 day moving average is $271.35. Union Pacific Corporation has a fifty-two week low of $210.84 and a fifty-two week high of $315.99. The firm has a market capitalization of $171.50 billion, a PE ratio of 23.37, a PEG ratio of 2.88 and a beta of 0.96. The company has a debt-to-equity ratio of 1.40, a quick ratio of 0.82 and a current ratio of 0.99.

Union Pacific (NYSE:UNP – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The railroad operator reported $3.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.26 by $0.15. Union Pacific had a return on equity of 38.46% and a net margin of 28.85%.The company had revenue of $6.86 billion during the quarter, compared to the consensus estimate of $6.72 billion. During the same period last year, the company earned $3.03 earnings per share. Union Pacific’s revenue was up 11.5% on a year-over-year basis. On average, sell-side analysts anticipate that Union Pacific Corporation will post 13.02 earnings per share for the current year. Union Pacific Increases Dividend The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, August 31st will be paid a dividend of $1.42 per share. The ex-dividend date of this dividend is Monday, August 31st. This represents a $5.68 dividend on an annualized basis and a dividend yield of 2.0%. This is a boost from Union Pacific’s previous quarterly dividend of $1.38. Union Pacific’s dividend payout ratio is presently 45.99%.

Analysts Set New Price Targets A number of research firms recently weighed in on UNP. Barclays reissued an “overweight” rating and issued a $350.00 target price (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Benchmark increased their price objective on shares of Union Pacific from $325.00 to $335.00 and gave the company a “buy” rating in a research report on Friday, July 24th. Citigroup lifted their price objective on shares of Union Pacific from $326.00 to $349.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. The Goldman Sachs Group set a $317.00 target price on shares of Union Pacific and gave the stock a “neutral” rating in a report on Thursday, July 23rd. Finally, Wells Fargo & Company reaffirmed an “overweight” rating and issued a $335.00 price target (up from $315.00) on shares of Union Pacific in a report on Friday, July 24th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $320.89.

Read Our Latest Research Report on Union Pacific

Union Pacific Profile (Free Report)

Union Pacific Corporation is a transportation company that operates Union Pacific Railroad, one of the largest freight railroad networks in the United States. The company provides rail transportation and logistics services for a broad range of commodities, including agricultural products, automotive goods, chemicals, coal, industrial products, and intermodal shipments.

Union Pacific’s railroad network serves the western two-thirds of the United States, connecting major markets and ports across approximately 23 states.

Recommended Stories Five stocks we like better than Union Pacific Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding UNP? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Union Pacific Corporation (NYSE:UNP – Free Report).

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2026-09-09 12:02 16h ago
2026-09-09 04:03 1d ago
California State Teachers Retirement System Raises Stock Holdings in Reliance, Inc. $RS
RS Reliance Steel & Aluminum
FMP Stock News
Original source text
California State Teachers Retirement System lifted its stake in shares of Reliance, Inc. (NYSE:RS – Free Report) by 20,857.7% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 32,965,343 shares of the industrial products company’s stock after acquiring an additional 32,808,048 shares during the period. California State Teachers Retirement System owned 64.56% of Reliance worth $12,315,852,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. HB Wealth Management LLC lifted its holdings in Reliance by 23.7% in the 2nd quarter. HB Wealth Management LLC now owns 1,854 shares of the industrial products company’s stock valued at $693,000 after purchasing an additional 355 shares in the last quarter. Saudi Central Bank raised its position in shares of Reliance by 85.4% in the second quarter. Saudi Central Bank now owns 3,578 shares of the industrial products company’s stock valued at $1,337,000 after buying an additional 1,648 shares during the last quarter. Compass Financial Management LLC purchased a new position in shares of Reliance during the second quarter valued at approximately $46,000. AlphaGrep UK Ltd purchased a new position in shares of Reliance during the second quarter valued at approximately $488,000. Finally, denkapparat Operations GmbH acquired a new stake in Reliance during the second quarter worth approximately $400,000. Hedge funds and other institutional investors own 79.26% of the company’s stock.

Insider Buying and Selling In related news, SVP William A. Smith II sold 2,353 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $414.21, for a total value of $974,636.13. Following the sale, the senior vice president owned 19,394 shares of the company’s stock, valued at approximately $8,033,188.74. This trade represents a 10.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CFO Arthur Ajemyan sold 2,200 shares of the firm’s stock in a transaction that occurred on Friday, July 31st. The stock was sold at an average price of $410.11, for a total value of $902,242.00. Following the completion of the sale, the chief financial officer directly owned 14,640 shares in the company, valued at approximately $6,004,010.40. This trade represents a 13.06% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders own 0.40% of the company’s stock.

Reliance Stock Down 0.5% Shares of NYSE:RS opened at $398.56 on Wednesday. The firm has a market cap of $20.35 billion, a PE ratio of 23.17, a price-to-earnings-growth ratio of 1.03 and a beta of 0.96. The company has a fifty day simple moving average of $397.95 and a 200 day simple moving average of $364.69. The company has a current ratio of 4.30, a quick ratio of 2.27 and a debt-to-equity ratio of 0.22. Reliance, Inc. has a 12-month low of $260.31 and a 12-month high of $433.02. Reliance (NYSE:RS – Get Free Report) last posted its quarterly earnings results on Wednesday, July 22nd. The industrial products company reported $6.27 EPS for the quarter, topping analysts’ consensus estimates of $5.47 by $0.80. Reliance had a return on equity of 12.51% and a net margin of 5.65%.The business had revenue of $4.63 billion during the quarter, compared to the consensus estimate of $4.26 billion. During the same period last year, the firm earned $4.43 earnings per share. The company’s revenue for the quarter was up 26.5% compared to the same quarter last year. Reliance has set its Q3 2026 guidance at 6.400-6.600 EPS. On average, equities research analysts anticipate that Reliance, Inc. will post 22.23 EPS for the current fiscal year.

Reliance Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Friday, August 28th. Stockholders of record on Friday, August 14th were given a $1.25 dividend. This represents a $5.00 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date was Friday, August 14th. Reliance’s dividend payout ratio (DPR) is presently 29.07%.

Analysts Set New Price Targets RS has been the subject of several recent analyst reports. KeyCorp lifted their target price on shares of Reliance from $378.00 to $418.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 24th. JPMorgan Chase & Co. reduced their price target on Reliance from $378.00 to $376.00 and set a “neutral” rating on the stock in a research note on Wednesday, July 15th. BMO Capital Markets raised their price objective on Reliance from $390.00 to $415.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. Zacks Research raised Reliance from a “hold” rating to a “strong-buy” rating in a research report on Monday, August 3rd. Finally, Wells Fargo & Company dropped their target price on Reliance from $398.00 to $391.00 and set an “equal weight” rating for the company in a research note on Monday, August 24th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Reliance has an average rating of “Hold” and an average price target of $377.50.

Read Our Latest Research Report on RS

About Reliance (Free Report)

Reliance Steel & Aluminum Co (NYSE: RS) is a leading metals service center company that distributes and processes a broad array of metal products. The company offers cut-to-length, shearing, blanking, sawing, bending, machining and value-added services for carbon and alloy steel, stainless steel, aluminum, brass, titanium and specialty metal alloys. Its products serve diverse end markets, including energy, infrastructure, general manufacturing, transportation, aerospace and defense.

Founded in 1939 in Los Angeles, Reliance Steel & Aluminum has grown through a combination of organic expansion and strategic acquisitions.

See Also Five stocks we like better than Reliance Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For

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2026-09-09 12:02 16h ago
2026-09-09 05:16 22h ago
Broadcom Inc. $AVGO Holdings Boosted by Ferguson Wellman Capital Management Inc.
AVGO Broadcom
FMP Stock News
Original source text
Ferguson Wellman Capital Management Inc. lifted its position in shares of Broadcom Inc. (NASDAQ:AVGO – Free Report) by 0.9% during the second quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 707,464 shares of the semiconductor manufacturer’s stock after purchasing an additional 6,399 shares during the period. Broadcom comprises about 3.3% of Ferguson Wellman Capital Management Inc.’s holdings, making the stock its 6th largest position. Ferguson Wellman Capital Management Inc.’s holdings in Broadcom were worth $267,244,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. ROSS JOHNSON & Associates LLC boosted its holdings in shares of Broadcom by 1,320.0% in the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock valued at $25,000 after acquiring an additional 66 shares during the period. SWAN Capital LLC increased its holdings in shares of Broadcom by 261.9% in the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 55 shares during the period. Networth Advisors LLC raised its position in Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 71 shares during the last quarter. Harborfront Financial Group LLC purchased a new stake in Broadcom in the 2nd quarter valued at $38,000. Finally, Cherry Tree Wealth Management LLC boosted its stake in Broadcom by 44.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 129 shares of the semiconductor manufacturer’s stock worth $45,000 after purchasing an additional 40 shares during the period. Hedge funds and other institutional investors own 76.43% of the company’s stock.

Broadcom Stock Up 3.0% AVGO stock opened at $368.56 on Wednesday. The company has a debt-to-equity ratio of 0.57, a current ratio of 2.50 and a quick ratio of 2.29. The company’s 50 day simple moving average is $383.09 and its 200-day simple moving average is $378.02. Broadcom Inc. has a 12 month low of $289.96 and a 12 month high of $495.00. The firm has a market capitalization of $1.75 trillion, a PE ratio of 47.07 and a beta of 1.44.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.22 by $0.10. The firm had revenue of $29.59 billion during the quarter, compared to the consensus estimate of $29.24 billion. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The company’s quarterly revenue was up 85.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.69 EPS. Equities analysts expect that Broadcom Inc. will post 10.25 earnings per share for the current fiscal year. Broadcom Dividend Announcement The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Investors of record on Monday, September 21st will be paid a dividend of $0.65 per share. The ex-dividend date of this dividend is Monday, September 21st. This represents a $2.60 dividend on an annualized basis and a dividend yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is presently 33.21%.

Wall Street Analyst Weigh In AVGO has been the subject of a number of research reports. Cantor Fitzgerald upped their target price on shares of Broadcom from $525.00 to $600.00 and gave the company an “overweight” rating in a report on Thursday, September 3rd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating and issued a $515.00 price objective (up from $430.00) on shares of Broadcom in a research report on Thursday, June 4th. Lake Street Capital upgraded shares of Broadcom to a “buy” rating in a research note on Thursday, September 3rd. Benchmark lifted their target price on shares of Broadcom from $485.00 to $545.00 and gave the company a “buy” rating in a report on Thursday, June 4th. Finally, Raymond James Financial restated an “outperform” rating and issued a $475.00 price objective (up from $450.00) on shares of Broadcom in a research report on Thursday, September 3rd. Thirty investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Broadcom has a consensus rating of “Moderate Buy” and an average target price of $504.93.

Read Our Latest Analysis on AVGO

Insider Buying and Selling In related news, Director Justine Page sold 1,602 shares of the business’s stock in a transaction dated Monday, June 29th. The shares were sold at an average price of $373.86, for a total value of $598,923.72. Following the completion of the transaction, the director owned 17,426 shares of the company’s stock, valued at approximately $6,514,884.36. The trade was a 8.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Mark Brazeal sold 25,000 shares of the firm’s stock in a transaction dated Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the sale, the insider directly owned 194,989 shares in the company, valued at $78,254,935.37. This represents a 11.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 61,644 shares of company stock worth $24,016,214. 1.90% of the stock is owned by company insiders.

Trending Headlines about Broadcom Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom’s latest results showed powerful AI momentum: AI semiconductor revenue increased 221% to $16.7 billion, while management raised its fiscal 2027 AI revenue outlook to approximately $115 billion, up from more than $100 billion previously. Some projections cited in the coverage point to $230 billion in AI revenue by fiscal 2028. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Nvidia GPUs Positive Sentiment: Analysts continue to raise their expectations, with Cantor reportedly assigning a $600 price target. Bullish analysts argue that hyperscalers increasingly want custom accelerators, AI networking and complete data-center architectures—not only Nvidia GPUs—giving Broadcom a larger role in inference and other workloads. Top Analyst Sets $600 Broadcom Stock Target Positive Sentiment: A multi-generation Amazon AI-silicon agreement with Qualcomm also highlights the growing data-center market for custom chips. Although Qualcomm is the direct beneficiary, the deal reinforces the strategic importance of custom silicon and supports the broader investment case for Broadcom’s design and networking business. Qualcomm Amazon AI Silicon Deal Neutral Sentiment: The post-earnings reaction has been mixed because investors are scrutinizing near-term guidance, Broadcom’s share of customers’ tensor processing unit programs, and whether constrained chip supply can keep pace with demand. Wall Street remains broadly optimistic, but expectations are exceptionally high. Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Negative Sentiment: Bearish coverage points to margin pressure, customer concentration, supply constraints and a premium valuation—Broadcom trades at roughly 47 times earnings—leaving limited room for execution mistakes. These concerns help explain why strong earnings did not produce a uniformly positive market response. Broadcom Buy, Sell or Hold Analysis About Broadcom (Free Report)

Broadcom Inc (NASDAQ:AVGO) designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.

The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.

Featured Stories Five stocks we like better than Broadcom Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).

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2026-09-09 12:02 16h ago
2026-09-09 05:16 22h ago
Broadcom Inc. $AVGO is Braun Stacey Associates Inc.’s 8th Largest Position
AVGO Broadcom
FMP Stock News
Original source text
Braun Stacey Associates Inc. cut its holdings in Broadcom Inc. (NASDAQ:AVGO – Free Report) by 12.2% in the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 200,903 shares of the semiconductor manufacturer’s stock after selling 27,916 shares during the period. Broadcom accounts for about 2.2% of Braun Stacey Associates Inc.’s holdings, making the stock its 8th biggest position. Braun Stacey Associates Inc.’s holdings in Broadcom were worth $75,891,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. ROSS JOHNSON & Associates LLC lifted its position in Broadcom by 1,320.0% during the fourth quarter. ROSS JOHNSON & Associates LLC now owns 71 shares of the semiconductor manufacturer’s stock worth $25,000 after buying an additional 66 shares during the period. Networth Advisors LLC grew its holdings in Broadcom by 546.2% in the 1st quarter. Networth Advisors LLC now owns 84 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 71 shares during the period. SWAN Capital LLC increased its stake in shares of Broadcom by 261.9% during the 4th quarter. SWAN Capital LLC now owns 76 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 55 shares during the last quarter. Harborfront Financial Group LLC acquired a new position in shares of Broadcom during the 2nd quarter valued at about $38,000. Finally, Cherry Tree Wealth Management LLC lifted its holdings in shares of Broadcom by 44.9% during the 4th quarter. Cherry Tree Wealth Management LLC now owns 129 shares of the semiconductor manufacturer’s stock worth $45,000 after acquiring an additional 40 shares during the period. Institutional investors and hedge funds own 76.43% of the company’s stock.

Insider Activity In other news, Director Gayla Delly sold 1,890 shares of Broadcom stock in a transaction that occurred on Wednesday, July 8th. The shares were sold at an average price of $385.38, for a total transaction of $728,368.20. Following the sale, the director owned 31,326 shares in the company, valued at $12,072,413.88. This trade represents a 5.69% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mark Brazeal sold 25,000 shares of the business’s stock in a transaction on Friday, July 10th. The stock was sold at an average price of $401.33, for a total transaction of $10,033,250.00. Following the transaction, the insider directly owned 194,989 shares in the company, valued at approximately $78,254,935.37. The trade was a 11.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 61,644 shares of company stock worth $24,016,214 over the last three months. Insiders own 1.90% of the company’s stock.

Analyst Upgrades and Downgrades Several research firms recently issued reports on AVGO. Raymond James Financial reissued an “outperform” rating and issued a $475.00 target price (up from $450.00) on shares of Broadcom in a research report on Thursday, September 3rd. Weiss Ratings downgraded shares of Broadcom from a “buy (b)” rating to a “buy (b-)” rating in a research note on Thursday, July 30th. Wells Fargo & Company reiterated an “overweight” rating and issued a $545.00 price target (up from $430.00) on shares of Broadcom in a report on Thursday, May 14th. Cantor Fitzgerald boosted their price objective on shares of Broadcom from $525.00 to $600.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. Finally, Benchmark increased their target price on Broadcom from $485.00 to $545.00 and gave the stock a “buy” rating in a research report on Thursday, June 4th. Thirty analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $504.93. Read Our Latest Analysis on Broadcom

Broadcom Stock Up 3.0% Shares of NASDAQ AVGO opened at $368.56 on Wednesday. Broadcom Inc. has a 12-month low of $289.96 and a 12-month high of $495.00. The company has a market cap of $1.75 trillion, a P/E ratio of 47.07 and a beta of 1.44. The company has a current ratio of 2.50, a quick ratio of 2.29 and a debt-to-equity ratio of 0.57. The stock has a fifty day moving average price of $383.09 and a 200 day moving average price of $378.02.

Broadcom (NASDAQ:AVGO – Get Free Report) last issued its quarterly earnings data on Wednesday, September 2nd. The semiconductor manufacturer reported $3.32 EPS for the quarter, topping analysts’ consensus estimates of $3.22 by $0.10. Broadcom had a return on equity of 48.33% and a net margin of 42.94%.The company had revenue of $29.59 billion for the quarter, compared to analysts’ expectations of $29.24 billion. During the same quarter in the previous year, the firm posted $1.69 earnings per share. The firm’s quarterly revenue was up 85.5% on a year-over-year basis. Research analysts anticipate that Broadcom Inc. will post 10.25 EPS for the current fiscal year.

Broadcom Announces Dividend The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be given a $0.65 dividend. The ex-dividend date of this dividend is Monday, September 21st. This represents a $2.60 annualized dividend and a yield of 0.7%. Broadcom’s dividend payout ratio (DPR) is 33.21%.

Trending Headlines about Broadcom Here are the key news stories impacting Broadcom this week:

Positive Sentiment: Broadcom’s latest results showed powerful AI momentum: AI semiconductor revenue increased 221% to $16.7 billion, while management raised its fiscal 2027 AI revenue outlook to approximately $115 billion, up from more than $100 billion previously. Some projections cited in the coverage point to $230 billion in AI revenue by fiscal 2028. Broadcom’s AI Forecast Suggests Hyperscalers Want More Than Nvidia GPUs Positive Sentiment: Analysts continue to raise their expectations, with Cantor reportedly assigning a $600 price target. Bullish analysts argue that hyperscalers increasingly want custom accelerators, AI networking and complete data-center architectures—not only Nvidia GPUs—giving Broadcom a larger role in inference and other workloads. Top Analyst Sets $600 Broadcom Stock Target Positive Sentiment: A multi-generation Amazon AI-silicon agreement with Qualcomm also highlights the growing data-center market for custom chips. Although Qualcomm is the direct beneficiary, the deal reinforces the strategic importance of custom silicon and supports the broader investment case for Broadcom’s design and networking business. Qualcomm Amazon AI Silicon Deal Neutral Sentiment: The post-earnings reaction has been mixed because investors are scrutinizing near-term guidance, Broadcom’s share of customers’ tensor processing unit programs, and whether constrained chip supply can keep pace with demand. Wall Street remains broadly optimistic, but expectations are exceptionally high. Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Negative Sentiment: Bearish coverage points to margin pressure, customer concentration, supply constraints and a premium valuation—Broadcom trades at roughly 47 times earnings—leaving limited room for execution mistakes. These concerns help explain why strong earnings did not produce a uniformly positive market response. Broadcom Buy, Sell or Hold Analysis About Broadcom (Free Report)

Broadcom Inc (NASDAQ:AVGO) designs, develops and supplies semiconductor and infrastructure software products for businesses, telecommunications providers and other organizations worldwide. Its semiconductor portfolio includes networking and connectivity components, custom application-specific integrated circuits, broadband and wireless communications products, storage adapters, optical components, and industrial solutions.

The company also provides enterprise infrastructure software through businesses including VMware, which offers virtualization and private- and hybrid-cloud solutions; mainframe and enterprise software; and cybersecurity products.

Read More Five stocks we like better than Broadcom Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding AVGO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Broadcom Inc. (NASDAQ:AVGO – Free Report).

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2026-09-09 12:02 16h ago
2026-09-09 06:34 21h ago
Amazon CEO Andy Jassy Explained Why Semiconductor Sales Could Keep Climbing for Years to Come. Here's My Favorite AI Chipmaker Right Now.
AVGO Broadcom
FMP Stock News
Original source text
Semiconductor companies have been among the biggest beneficiaries of the massive AI data center build-out over the last few years. Companies like Nvidia (NVDA -2.01%) and Broadcom (AVGO +2.98%) are at the center of the industry, with their leading AI accelerator chips. Other chipmakers specializing in memory or networking chips have also seen profits soar and their stock prices rise.

And the incredible growth could continue for years to come. PwC expects total capital expenditures for data centers to climb from $800 billion this year to $1.8 trillion by 2050. More importantly, it's how that spending will be allocated that makes that estimate so bullish for semiconductor stocks. Amazon (AMZN -0.60%) CEO Andy Jassy explained on the company's most recent earnings call that spending will shift toward more semiconductors, suggesting there's a lot of room for revenue growth in semiconductor stocks.

But Nvidia and Broadcom might not be the best semiconductor stocks right now. Another industry giant could be an even better opportunity to play the long-term growth potential in chips.

Image source: Amazon.com.

The big shift coming in AI data center spending When you dig under the hood of hyperscalers' massive capital expenditure budgets, there are two core components: the data center buildings and the servers and networking equipment inside them. As Jassy points out, "these have different capital cycles." Data centers depreciate much more slowly than the server racks full of GPUs.

"For our data centers, which have 30-plus-year useful lives, we should get at least five to six generations of server economics," Jassy told analysts during Amazon's second-quarter earnings call. "This means in the short term, when demand is necessitating so many data centers being built simultaneously in advance of when we can start monetizing them, we'll spend a lot of capex and encounter free cash flow headwinds until these data centers come online, can be monetized, and we get a few years into these servers being utilized."

In other words, once a data center is built, Amazon doesn't have to build the data center again. However, it does have to periodically refresh the chips inside of it. As a result, over time, more and more of its capital expenditures will go toward semiconductors. The same is true at all the other hyperscalers.

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In fact, Microsoft (MSFT -1.15%) CFO Amy Hood said she's already seeing the shift happen for the company's competing Azure cloud computing business. "You've seen our capex really pivot toward what I would call and do call short-lived assets," she said on Microsoft's fourth-quarter earnings call. She noted roughly two-thirds of Microsoft's capex currently goes toward GPUs, CPUs, and other equipment for data centers.

PwC's estimates suggest a significant slowdown in spending at some point over the next decade. But if chips make up a significantly larger portion of the budget in the future, the growth in semiconductor spending can climb at a relatively high pace. That bodes well for one semiconductor stock in particular.

Nvidia's leading GPU systems are very likely to retain a significant portion of AI spending well into the future. It's establishing partnerships and even providing funding to ensure its chips continue to find their way into big data centers. That said, there's a growing push toward custom silicon among the hyperscalers. Jassy noted that it's bringing more of its own Trainium chips into its data centers than Nvidia chips this year during Amazon's first-quarter earnings call.

Meanwhile, Broadcom is experiencing tremendous growth for its AI business, which includes its partnership co-developing and engineering Alphabet's (GOOG +0.02%) (GOOGL -0.03%) popular TPU chips. The company recently reported quarterly AI-related revenue growth of 221% with expectations for that number to accelerate next quarter.

But the semiconductor company best positioned to benefit over the long run is Taiwan Semiconductor Manufacturing (TSM +2.35%). The largest contract chip manufacturer in the world works with Nvidia, Broadcom, and almost every other fabless chip designer in the world. It benefits from both its scale and its leading technology, creating a virtuous cycle that's only strengthening amid the AI build-out.

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Taiwan Semiconductor Manufacturing, or TSMC as it's known, has grown its market share of third-party chip manufacturing to 73%. That provides huge amounts of revenue ($143 billion over the past 12 months) with which it can reinvest in research and development and additional manufacturing capacity. That allows it to maintain its leading technological capabilities in designing the world's most advanced chips for AI data centers while supplying the capacity hyperscalers demand. That, in turn, ensures it wins more contracts with Nvidia, Broadcom, and everyone else in the future.

No matter which chips hyperscalers decide to put in their data centers, it's very likely they'll be manufactured by TSMC. The stock trades for less than 25 times earnings, despite expectations for revenue growth of around 25% per year and potential for even better earnings growth. That makes it a great buying opportunity with a long runway for growth from here.

Adam Levy has positions in Alphabet, Amazon, Microsoft, and Taiwan Semiconductor Manufacturing. The Motley Fool has positions in and recommends Alphabet, Amazon, Broadcom, Microsoft, Nvidia, and Taiwan Semiconductor Manufacturing. The Motley Fool has a disclosure policy.
2026-09-09 12:02 16h ago
2026-09-09 07:15 20h ago
This AI Chipmaker Looks Like a Bargain With AI Revenue Set to Double Again Next Year
AVGO Broadcom
FMP Stock News
Original source text
Broadcom (AVGO +2.98%) hasn't had the best year. It's only up by 3% so far in 2026, while the S&P 500 has gained 13%. However, on a business level, Broadcom had a tremendous year, and it recently implied that its next two years will be even better.

This forecast has resulted in a compelling buying opportunity for long-term investors.

Image source: Getty Images.

Broadcom anticipates AI revenue doubling annually for the next two years Broadcom has established itself as the leading designer of application-specific integrated circuits (ASICs). These custom-made chips are built to offer a more cost-efficient alternative for handling narrow types of AI workloads, and they have won over many big tech companies. That has given Broadcom impressive revenue visibility for that business unit for multiple years.

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For its fiscal 2026 second quarter, which ended May 3, the company's revenue grew 48% year over year, but the AI semiconductor segment's top line more than doubled. However, that wasn't the biggest news. Broadcom told investors to expect AI semiconductor revenue to more than double in its fiscal 2027, and then to double yet again in fiscal 2028.

This growth further highlights Broadcom's commanding position in the ASIC chip space, and confirms that artificial intelligence infrastructure remains in high demand. The growth of the company's AI semiconductor business has also come with higher profit margins. Net income jumped by 88% year over year in fiscal Q2, comfortably outpacing overall revenue growth.

Previously, the company told investors to expect revenue of $22 billion in its fiscal 2026 second quarter, but it actually delivered $22.2 billion in sales. It has become more common for chipmakers to beat and raise guidance, and Broadcom has been following that pattern. With that in mind, the path ahead for its AI semiconductor business may be even better than the back-to-back years of doubling revenue it's forecasting.

The stock hasn't budged much despite the seismic fundamental changes Broadcom's guidance implies that revenue will accelerate meaningfully in the years ahead. AI semiconductor revenue now makes up more than 60% of Broadcom's total sales. Each time this segment doubles (significantly outpacing the growth of the rest of the business), it will result in AI chips producing a larger percentage of total revenue. That will give it an even stronger influence on future results.

At the same time, Broadcom continues to improve its profit margins. Higher demand for AI products will give the company more pricing power. It already enjoys net profit margins above 40%, but those margins can widen as AI semiconductor revenue surges.

Yet this outcome hasn't been priced into the stock. The mismatch has resulted in a compelling 19 forward P/E ratio, which is a lower valuation by that metric than most companies in the S&P 500. As Broadcom releases additional earnings reports that validate its ambitious targets for fiscal 2027 and fiscal 2028, more investors may pile into the stock.
2026-09-09 12:01 16h ago
2026-09-09 04:33 23h ago
LIT climbs another 10% in 24 hours, lifting its market capitalization to $1.277 billion.
LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago
2026-09-09 12:01 16h ago
2026-09-09 06:52 21h ago
LIT surges past $5.2 to hit a new all-time high, gaining over 13% in the past 24 hours.
LIT LITWTF
CoinGecko News
Original source text
On the "Niulai" Profit Ranking, the total profit of a single cryptocurrency has exceeded $2 million.

According to GMGN monitoring, the token Niu Lai saw a short-term 40% surge driven by news of its listing on Binance spot trading, with its market cap temporarily standing at $120 million. The address ranking first in on-chain profits currently holds approximately 13.51 million Niu Lai tokens, valued at around $1.576 million, accounting for 1.35% of the total token supply. The address’s cumulative profit is roughly $2.026 million, including about $606,000 in realized profit and $1.42 million in unrealized gains. It has previously sold a total of around 11.59 million tokens.

9 minutes ago

Binance will list 'Niu Lai' and add a seed tag to the token.

According to an official announcement, Binance will list "Niu Lai" at 22:30 Beijing time on September 9, 2026, add a "Seed" tag to it, and launch spot trading pairs for "Niu Lai"/USDT, "Niu Lai"/USDC, and "Niu Lai"/TRY.

9 minutes ago

Affected by news of its listing on Binance, the token "Niu Lai" surged 40% in a short period.

According to GMGN market data, driven by news of its listing on Binance’s spot trading, "Niu Lai" rallied 40% in a short period, hitting a peak of $147 million before pulling back to set a new all-time high. Its current market capitalization stands at $129 million.

9 minutes ago

Jiang Zhuoer: BTC may first rally to $84,000 before pulling back to $72,000

Jiang Zhuoer, founder of 莱比特矿池 (B.TOP), stated in a published article that BTC is currently still operating within an uptrend channel, but a subsequent correction is unavoidable. If $82,300 has become the phase high prior to this round of correction, the market may enter a prolonged period of wide-range consolidation, with prices completing adjustments through repeated fluctuations. In contrast, Jiang Zhuoer is more inclined to expect BTC to first rise further to the $83,000–$84,000 range, before correcting back to approximately $72,000.

9 minutes ago

Analysis: Bitcoin's on-chain profit structure nears the early stages of a bull market, though downside risks remain.

CryptoQuant data shows Bitcoin’s Spent Output Profit Ratio (SOPR) has stayed above the break-even line of 1 for three consecutive weeks since August 19, marking the longest such stretch since 2026, with the current reading at roughly 1.002. A SOPR above 1 indicates that BTC transferred on-chain is overall in a profitable state. On-chain analytics platform Checkonchain notes that during bear markets, price rebounds into profitable territory usually trigger sell-offs, while brief dips below the break-even line in bull markets often create dip-buying opportunities, and the current market structure is approaching the early recovery phase of a bull market. However, David Puell, portfolio manager at ARK Invest, argues Bitcoin still faces downside risks. For more conclusive evidence that the bear market has ended, SOPR needs to remain above 1 for a longer period, and BTC prices must form consecutive higher highs and higher lows.

9 minutes ago

OpenAI Partners With Samsung on Next-Generation Chips, Expanding Collaboration From Memory to Chip R&D

Beating AI News Flash: Harrison Kim, OpenAI’s head of Korea, said OpenAI is co-developing and manufacturing next-generation chips with Samsung Electronics, with clear progress made in the collaboration. He did not disclose details on the chip’s architecture, process technology, or mass production timeline. Previously, Samsung mainly served as a supplier in OpenAI’s chip roadmap. Last year, when both parties joined the Stargate Korea project, Samsung’s stated role was to provide OpenAI with advanced memory chips, as well as wafer foundry and advanced packaging capabilities. This marks the first time Samsung has explicitly entered the joint R&D and production of next-generation chips. OpenAI’s first self-developed inference chip, Jalape?o, was launched in June this year, co-developed with Broadcom and manufactured by TSMC, with deployment planned for the end of the year. OpenAI noted at the time that Jalape?o is only the first generation, with multiple subsequent chip generations to follow.

9 minutes ago
2026-09-09 12:01 16h ago
2026-09-09 07:03 21h ago
LIT's largest short position on Hyperliquid sees unrealized loss exceed $10 million
HYPE Hyperliquid LIT LITWTF
CoinGecko News
Original source text
Not financial or tax advice. PANews content is strictly educational and informational and is not investment advice, financial advice, tax advice, legal advice, or a solicitation to buy or sell any digital asset, security, or financial product. Do your own research and consult qualified advisers.

Disclosure. PANews may publish sponsored content, partner content, advertisements, affiliate links, event promotions, and market commentary involving Web3 projects, service providers, or financial products. PANews personnel, contributors, or affiliates may hold digital assets or other interests related to covered topics. See our Terms of Service.

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2026-09-09 12:01 16h ago
2026-09-09 07:44 20h ago
Ripple’s XRP Rebounds Swiftly, Bitcoin (BTC) Reclaims $79K: Market Watch
BTC Bitcoin LIT LITWTF XRP Ripple
CoinGecko News
Original source text
Ripple’s XRP Rebounds Swiftly, Bitcoin (BTC) Reclaims $79K: Market Watch
2026-09-09 12:01 16h ago
2026-09-09 07:00 21h ago
First Majestic Reports High-Grade Drill Results and Expands Exploration Footprint at San Dimas
AG First Majestic Silver
FMP Stock News
Original source text
Resource-conversion and resource-addition drilling returned multiple high-grade silver and gold intercepts across the San Dimas district

New drilling results at Convención and El Cristo have expanded the exploration footprint and support the potential for future Mineral Resource growth

Vancouver, British Columbia--(Newsfile Corp. - September 9, 2026) - First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) (the "Company" or "First Majestic") is pleased to announce positive drill results from its ongoing 2026 exploration program at its San Dimas Silver/Gold Mine in Durango, Mexico. Recent resource-conversion and resource-addition drilling has returned multiple high-grade silver and gold intercepts across several areas of the San Dimas district, supporting near-mine Mineral Resource conversion and growth opportunities. Additionally, new drill results at Convención and El Cristo have expanded the district's exploration footprint and identified additional targets for follow-up drilling as part of the Company's 2026 exploration program, which includes approximately 117,000 metres ("m") of planned drilling.

"San Dimas continues to validate its position as one of our most prospective and enduring mining districts," stated Keith Neumeyer, CEO of First Majestic. "The latest drill results have returned multiple high-grade silver and gold intercepts from both resource-conversion and resource-addition programs, reinforcing the near-mine growth potential of established vein systems while expanding the exploration footprint at Convención and El Cristo. With approximately 117,000 metres of drilling planned in 2026, we are advancing one of the Company's largest exploration programs, focused on Mineral Resource conversion, testing new targets and identifying additional growth opportunities throughout the San Dimas district."

KEY DRILLING HIGHLIGHTS

Exploration drilling at San Dimas has intersected significant silver ("Ag") and gold ("Au") mineralization across multiple vein systems, supporting both near-mine Mineral Resource conversion and broader district exploration opportunities. A total of approximately 89,000 m of exploration drilling has been completed year-to-date in 2026, of the planned approximately 117,000 m program, with work focused on resource-conversion and resource-addition drilling in the West Block, Central Block and Graben block, together with follow-up drilling in the El Cristo mine area and continued target testing in the East/Arana Block.

Recent results include high-grade intercepts from resource-conversion and resource-addition drilling within the Sinaloa-Elia vein complex, continued expansion of the mineralized footprint at the Coronado-Carmen Escobosa vein system in the West Block, confirmation of a new target north of the Jessica vein at Convención, and encouraging early results from the Luz and Patricia veins within the El Cristo mine area. Selected significant intercepts are summarized in Table 1, and the principal target areas are shown in Figure 1.

Table 1: Selection of Significant Silver and Gold Drill Hole Intersections from the San Dimas 2026 Drill Program

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)Sinaloa - Elia ComplexELI26X-08Sinaloa - Elia198.50200.852.041,37721.382,980ELI26X-10Sinaloa - Elia191.50192.700.882,60443.085,835ELI25X-58Sinaloa - Elia218.10221.351.751,07024.512,908ELI26X-22Sinaloa - Elia342.60345.301.9967315.151,809ELI26X-07Sinaloa - Elia177.55183.654.453734.75729Coronado - Carmen Escobosa ComplexCOR26X-06Coronado588.75594.704.222462.94466CMNE26X-02Carmen Escobosa327.00329.751.585886.051,042CMNE26X-04Carmen Escobosa303.00307.653.421751.87315Convención Vein TargetSJE26X-08Convención310.70314.052.572512.56433SJE26X-10Convención358.70361.801.552812.81492El Cristo Mine AreaLUZ26X-02Luz511.30513.001.302,62558.256,994LUZ26X-03Patricia391.15393.351.691,89528.914,063

Figure 1: San Dimas District Vein Occurrence Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_001full.jpg

Sinaloa-Elia Vein Complex

Resource-addition and infill drilling at the historic Sinaloa-Elia vein complex has returned multiple high-grade silver and gold intercepts, further supporting the continuity and Mineral Resource growth potential of the system. New drill results extend the footprint of known mineralization beyond the current Mineral Resources to the east, west and locally down dip. Infill drilling has also returned thick, high-grade intercepts that support increased confidence in the mineralized system and the potential conversion of Inferred Mineral Resources to Indicated Mineral Resources, providing additional support for future mine planning (Figure 2).

Table 2: Selection of Significant Silver and Gold Drill Hole Intersections at the Sinaloa-Elia Vein Complex

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)ELI26X-08Sinaloa - Elia198.50200.852.041,37721.382,980ELI26X-10Sinaloa - Elia191.50192.700.882,60443.085,835ELI25X-58Sinaloa - Elia218.10221.351.751,07024.512,908ELI26X-22Sinaloa - Elia342.60345.301.9967315.151,809ELI26X-07Sinaloa - Elia177.55183.654.453734.75729

Figure 2: Sinaloa and Elia Veins, Vertical Long Section, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_002full.jpg

Convención Vein

Geological analysis and targeting around the Jessica vein identified several historic anomalous vein and breccia intercepts that were reinterpreted as evidence for the presence of a hanging wall structure. Initial drill testing of this target returned five significant intercepts in seven holes, supporting the exploration hypothesis (Figure 3). The structure, the Convención vein, was intersected approximately 100 m north of Jessica and may represent a potential near-term mining opportunity. The target vein remains open in multiple directions, supporting additional follow-up drilling in the area (Figure 4).

Table 3: Selection of Significant Silver and Gold Drill Hole Intersections at the Convención Vein

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)SJE26X-08Convención310.70314.052.572512.56433SJE26X-10Convención358.70361.801.552812.81492

Figure 3: Santa Jessica Vein and New Convención Vein Geologic Interpretation, 1050 Level Plan, Looking Down

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_003full.jpg

Figure 4: Convención Long Section with Santa Jessica Historic Mining Footprint Shown for Reference, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_004full.jpg

Coronado - Carmen Escobosa Complex

Drilling in the West Block has focused on the Coronado and Carmen Escobosa veins. Results from 2025 were incorporated into the Inferred Mineral Resources for San Dimas and provided the basis for follow-up drilling in 2026. Results received to date support the interpretation of Coronado and Carmen Escobosa as a two-vein mineralized system with continued potential for Mineral Resource addition (Figure 5).

At Carmen Escobosa, five drill holes testing the western continuity of mineralization, together with a drill hole targeting the eastern extension, returned significant intercepts. The target remains open for approximately 400 m to the west of these new intercepts, supporting additional follow-up drilling along strike (Figure 6). At Coronado, three drill holes testing the continuity of mineralization to the west also returned significant intercepts, further supporting the potential to expand the mineralized footprint in the West Block (Figure 7).

Table 4: Selection of Significant Silver and Gold Drill Hole Intersections at the Coronado - Carmen Escobosa Complex

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)COR26X-06Coronado588.75594.704.222462.94466CMNE26X-02Carmen Escobosa327.00329.751.585886.051,042CMNE26X-04Carmen Escobosa303.00307.653.421751.87315

Figure 5: Coronado and Carmen Escobosa Geologic Model, 700 Level Plan, Looking Down

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_005full.jpg

Figure 6: Carmen Escobosa Long Section, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_006full.jpg

Figure 7: Coronado Long Section, Looking North

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_007full.jpg

El Cristo Mine

Exploration activities have expanded to include the El Cristo mine area, the southernmost historically mined areas on the property. Results to date have returned high-grade silver and gold intercepts from the Luz and Patricia veins, supporting follow-up drilling to evaluate the continuity and extent of mineralization. Select drill hole assay results and true-width vein intersections include:

Table 5: Selection of Significant Silver and Gold Drill Hole Intersections at the El Cristo Mine

DrillholeTargetSignificant InterceptsFromToTrue WidthAgAuAgEq(m)(m)(m)(g/t)(g/t)(g/t)LUZ26X-02Luz511.30513.001.302,62558.256,994LUZ26X-03Patricia391.15393.351.691,89528.914,063

Figure 8: El Cristo Mine Area, La Luz Vein Long Section, Looking Northwest

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1475/313544_804e6044348f8aa2_008full.jpg

The 2026 drill program at San Dimas is expected to continue advancing near-mine Mineral Resource conversion while testing additional targets across the district. Results received to date support the potential for Mineral Resource growth within established vein systems and highlight new opportunities at Convención and El Cristo for follow-up drilling.

Table 6: Selection of Significant Silver and Gold Drill Hole Intercepts at San Dimas

DrillholeTargetTarget TypeSignificant InterceptsFromToTrue WidthAuAgAgEq(m)(m)(m)(g/t)(g/t)(g/t)COR25X-15Carmen EscobosaResource addition432.75434.651.652.52255444COR25X-19Carmen EscobosaResource addition457.90461.653.331.85164303COR26X-02CoronadoResource addition467.80469.751.320.74118174COR26X-03Carmen EscobosaResource addition617.75619.351.313.06281511COR26X-06Coronado 1Resource addition588.75594.704.222.94246466
Include 1Resource addition589.10590.000.646.445441027
Include 2Resource addition591.15591.700.398.246471264
Coronado 2Resource addition597.70604.254.631.32105204COR26X-08CoronadoResource addition550.70556.803.051.33121221CMNE26X-01Carmen EscobosaResource addition373.20374.901.201.24125218CMNE26X-02Carmen EscobosaResource addition327.00329.751.586.055881042
Include 1Resource addition328.00329.000.5712.4812082144CMNE26X-04Carmen EscobosaResource addition303.00307.653.421.87175315CMNE26X-05Carmen EscobosaResource addition407.05410.302.491.45137246ELI25X-58Sinaloa - EliaResource conversion218.10221.351.7524.5110702908
Include 1Resource conversion218.75219.800.5674.0031708720ELI25X-59Sinaloa - EliaResource addition307.85310.151.552.12173332
Include 1Resource addition309.00309.450.307.435251082ELI26X-01Sinaloa - EliaResource addition252.85256.102.301.2881177ELI26X-02Sinaloa - EliaResource addition337.95339.251.181.45103212ELI26X-03FW VeinResource conversion117.70118.800.781.05104182ELI26X-03Sinaloa - EliaResource conversion123.25124.751.0622.65921791
Include 1Resource conversion124.35124.750.2884.412066537ELI26X-05Sinaloa - EliaResource conversion149.80150.800.716.65348847ELI26X-07Sinaloa - EliaResource conversion177.55183.654.454.75373729
Include 1Resource conversion182.30183.650.9816.6013802625ELI26X-08Sinaloa - EliaResource conversion198.50200.852.0421.3813772980
Include 1Resource conversion198.50200.401.6526.0516803634
HW VeinResource conversion219.95222.802.267.89329920
Include 1Resource conversion219.95220.850.7115.876121802ELI26X-09FW VeinResource conversion174.05175.201.003.77300582
Sinaloa - EliaResource conversion191.40192.851.1111.6568941
Include 1Resource conversion192.45192.850.3141.231613253
HW VeinResource conversion206.45208.801.804.69315667
Include 1Resource conversion206.45207.400.736.685051006ELI26X-10FW VeinResource conversion128.65129.600.780.98108182
Sinaloa - EliaResource conversion191.50192.700.8843.0826045835
Include 1Resource conversion192.00192.700.5270.5242359524
HW VeinResource conversion196.10197.451.004.80372732ELI26X-11Sinaloa - EliaResource conversion255.00258.802.687.93344939
Include 1Resource conversion256.20257.250.7423.1010502783ELI26X-13Sinaloa - EliaResource conversion120.95122.200.961.17105193ELI26X-14Sinaloa - EliaResource conversion275.25277.201.206.44369852
Include 1Resource conversion275.85276.400.3422.7613013008
HW VeinResource conversion296.75298.601.132.07103258ELI26X-16FW VeinResource conversion119.70120.550.801.09128210
VeinResource conversion159.40162.101.553.30155402
Sinaloa - EliaResource conversion179.10181.902.483.64134407ELI26X-19FW VeinResource conversion164.60166.050.961.5263177
Sinaloa - EliaResource conversion167.05168.801.162.51141329ELI26X-21Sinaloa - EliaResource conversion137.75138.800.8012.969041876
VeinResource conversion216.75218.301.001.02104180
VeinResource conversion225.20227.651.732.19247411
Include 1Resource conversion225.20225.950.535.046291007ELI26X-22VeinResource addition308.70311.202.223.16172409
Include 1Resource addition308.70309.100.3513.106501633
VeinResource addition342.60345.301.9915.156731809
Include 1Resource addition342.60344.351.2922.589812675SIN25X-21Sinaloa - EliaResource addition633.75635.250.963.06208438SIN26X-01VeinResource addition234.05235.701.523.89171463
Sinaloa - EliaResource addition396.45397.651.134.27258578SIN26X-03Sinaloa - EliaResource addition189.10190.901.4311.047831611
Include 1Resource addition189.60190.901.0313.709601988SIN26X-07Sinaloa - EliaResource addition136.40137.300.7013.057701749
Include 1Resource addition136.80137.300.3921.1512362822SIN26X-08Sinaloa - EliaResource addition182.35184.001.065.51393806SIN26X-11Sinaloa - EliaResource addition239.90240.900.9120.0413002803SIN26X-13Sinaloa - EliaResource addition126.45127.600.7010.142921053
IncludeResource addition126.45126.950.3022.265702240SIN26X-14Sinaloa - EliaResource addition210.70213.752.168.737821437
IncludeResource addition212.90213.200.2150.7349188723SIN26X-15Sinaloa - EliaResource addition175.20176.951.1218.868922306
Include 1Resource addition175.20176.100.5829.6613283552SIN26X-15Include 2Resource addition176.60176.950.177.434981055SJE26X-06ConvenciónResource addition245.80246.850.741.24152244SJE26X-08ConvenciónResource addition310.70314.052.572.56251443SJE26X-10ConvenciónResource addition358.70361.801.552.81281492
Include 1Resource addition359.45360.200.385.865641004CNV26X-01ConvenciónResource addition321.10322.200.851.01133209CNV26X-03ConvenciónResource addition265.90268.951.961.78166299ROBBIN26S-03VeinResource addition272.85273.950.716.7438544ROT26X-01RobertaResource conversion227.20228.200.794.04414717ROT26X-04VeinResource conversion3.255.702.260.93146216
RobertaResource conversion100.00101.450.831.42140247ROT26X-06RobertitaResource conversion11.2012.651.112.12180339ROT26X-11VeinResource addition14.6017.201.202.21242408
Include 1Resource conversion16.8517.200.167.017801306ROT26X-13San EnriqueResource addition27.1029.001.221.60215335
includeResource addition92.4593.300.740.86131196
VeinResource addition163.50164.600.719.1324709SRE26X-03Santa ReginaResource addition183.30192.005.591.75173304
Include 1Resource addition190.55190.950.266.797331242SRE26X-04Santa ReginaResource addition135.25137.151.720.87152217SRE26X-12Santa ReginaResource addition201.45203.451.292.09205362
VeinResource addition211.00212.501.232.41213394
Include 1Resource addition211.95212.500.456.405661046
San JuanResource addition216.85218.200.871.06147227ROS26X-01RosarioResource addition196.55197.700.886.9813551879
Include 1Resource addition197.10197.700.4612.7925003459
RosarioResource addition200.00206.805.212.91593811
Include 1Resource addition200.00202.201.696.3311731648NBU26X-02Noche BuenaResource conversion254.50255.600.933.33303553
Include 1Resource conversion255.20255.600.346.175781041NBU26X-03Noche BuenaResource conversion276.60277.450.726.756491155NBU26X-04Noche BuenaResource conversion310.65311.650.911.00105180LUZ26X-02LuzResource conversion511.30513.001.3058.2526256994
Include 1Resource conversion512.25513.000.57131.72582715706LUZ26X-03PatriciaResource conversion391.15393.351.6928.9118954063
Include 1Resource conversion392.05393.351.0047.4431036661LUZ26X-05GertrudisResource conversion117.10118.951.777.804401025
Include 1Resource conversion117.10117.750.6220.5612092751LUZ26X-06LuzResource conversion130.70131.450.704.29187509LUZ26X-10LuzResource addition112.60113.651.033.87397687LUZ26X-12LuzResource conversion212.55215.001.021.52120234LUZ26X-13LuzResource addition223.60224.951.108.685171168
IncludeResource addition224.25224.950.5715.799072091ARN26X-01ARANA 1Resource addition627.25629.701.100.05348352
ARANA 2Resource addition638.05639.650.800.19895909
includeResource addition638.55639.650.550.2512111230  
Notes:

All holes are Diamond Drill Core; AgEq grade = Ag grade (g/t) + [Au (g/t) * 75].From and To length indicated in metres, True Width of the intercept is calculated per drill hole and vein angles.See Appendix to this news release for details regarding drill hole locations, sample type, azimuth, dip and total depth.San Dimas: silver and gold drill hole significant intercepts were composited using the length weighted averages of uncapped sample assays, a 171g/t AgEq minimum grade (cut-off grade, "COG"), and a minimum composite length of 0.7 m (true width). A maximum of 1 m below the minimum COG was allowed as internal dilution. Where necessary to achieve minimum length, a single sample below the COG but grading >70g/t AgEq was allowed to be composited for short intervals.Where present, single samples or intercepts with assay results higher than 1000 g/t AgEq are highlighted as "Include" in each intercept.First Majestic's drill programs follow established Quality Assurance/Quality Control ("QA/QC") protocols with standards, blanks, and duplicates inserted into the sample stream. After geological logging, all drill core samples are cut in half. One half of the core is submitted to the laboratory for analysis, and the remaining half core is retained on-site for verification and reference purposes or future metallurgical testing.

Core samples are submitted to First Majestic's Central Laboratory ("Central Laboratory") (ISO 9001:2015). At the Central Laboratory, gold is analyzed by 30 g fire assay atomic absorption finish (AU-AA13). Results above 10 g/t gold are re-analyzed by 30 g fire assay gravimetric finish (ASAG-14). Silver is analyzed by 3-acid digestion atomic absorption finish (AAG-13). Results above 100 g/t silver are re-analyzed by 30 g fire assay gravimetric finish (ASAG-14, ASAG-13).

For further information concerning QA/QC and data verification matters, key assumptions, parameters, and methods used by the Company to estimate Mineral Reserves and Mineral Resources, and for a detailed description of known legal, political, environmental, and other risks that could materially affect the Company's business and the potential development of Mineral Reserves and Mineral Resources, see the Company's most recently filed Annual Information Form available under the Company's SEDAR+ profile at www.sedarplus.ca and the Company's most recently filed Annual Report on Form 40-F, available on the Company's website at www.firstmajestic.com and filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar.

QUALIFIED PERSONS

Gonzalo Mercado, P. Geo., the Company's Vice-President of Exploration and Technical Services and a "Qualified Person" as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101"), has reviewed and approved the scientific and technical information contained in this news release. Mr. Mercado has verified the exploration data contained in this news release, including the sampling, analytical, and test data underlying such information.

ABOUT FIRST MAJESTIC

First Majestic is a publicly traded mining company focused on silver and gold production in Mexico and the United States. The Company presently owns and operates four producing underground mines in Mexico: the Santa Elena Silver/Gold Mine, the Los Gatos Silver Mine (the Company holds a 70% interest in the Los Gatos Joint Venture that owns and operates the mine), the San Dimas Silver/Gold Mine, and the La Encantada Silver Mine, as well as a portfolio of development and exploration assets, including the Jerritt Canyon Gold Mine located in northeastern Nevada, U.S.A, which the Company is currently in the process of re-starting.

First Majestic is proud to own and operate its own minting facility, First Mint, LLC, and to offer a portion of its silver production for sale to the public. Bars, ingots, coins, and medallions are available for purchase online at www.firstmint.com, at some of the lowest premiums available.

FIRST MAJESTIC SILVER CORP.

"signed"

Keith Neumeyer, CEO

Cautionary Note Regarding Forward-Looking Statements

This news release contains "forward‐looking information" and "forward-looking statements" under applicable Canadian and U.S. securities laws (collectively, "forward‐looking statements"). These statements relate to future events or the Company's future performance, business prospects or opportunities that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management made in light of management's experience and perception of historical trends. Forward-looking statements in this news release include but are not limited to statements with respect to: the total number of metres planned to be drilled at San Dimas in 2026; the potential for future Mineral Resource growth at San Dimas; the potential for the Convención vein to represent a near-term mining opportunity at San Dimas; and the Company's plans for the remainder of the 2026 drill program at San Dimas and the results of such program. Assumptions may prove to be incorrect and actual results and future events may differ materially from those anticipated. As such, investors are cautioned not to place undue reliance upon forward-looking statements as there can be no assurance that the plans, assumptions, or expectations upon which they are placed will occur. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives or future events or performance (often, but not always, using words or phrases such as "seek", "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "forecast", "potential", "target", "intend", "could", "might", "should", "believe" and similar expressions) are not statements of historical fact and may be "forward‐looking statements".

Actual results may vary from forward-looking statements. Forward-looking statements are subject to known and unknown risks, uncertainties and other factors that may cause actual results to materially differ from those expressed or implied by such forward-looking statements, including but not limited to: material adverse changes; general economic conditions including inflation risks; labour relations; relations with local communities; changes in national or local governments; exchange rate fluctuations; environmental risks; requirements for additional capital; outcomes of pending litigation; unexpected changes in laws, rules or regulations, or their enforcement by applicable authorities; the failure of parties to contracts with the Company to perform as agreed; social or labour unrest; changes in commodity prices; and the failure of exploration programs or studies to deliver anticipated results or results that would justify and support continued exploration, studies, development or operations as well as those factors discussed in the section entitled "Risk Factors" in the Company's most recent Annual Information Form for the year ended December 31, 2025 filed with the Canadian securities regulatory authorities under the Company's SEDAR+ profile at www.sedarplus.ca and in the Company's Annual Report on Form 40-F for the year ended December 31, 2025 filed with the United States Securities and Exchange Commission on EDGAR at www.sec.gov/edgar. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements, there may be other factors that cause results not to be as anticipated, estimated, or intended.

The Company believes that the expectations reflected in these forward‐looking statements are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward‐looking statements included herein should not be unduly relied upon. These statements speak only as of the date hereof. The Company does not intend, and does not assume any obligation, to update these forward-looking statements, except as required by applicable laws.

Cautionary Note to United States Investors

The Company is a "foreign private issuer" as defined in Rule 3b-4 under the United States Securities Exchange Act of 1934, as amended, and is eligible to rely upon the Canada-U.S. Multi-Jurisdictional Disclosure System, and is therefore permitted to prepare the technical information contained herein in accordance with the requirements of the securities laws in effect in Canada, which differ from the requirements of the securities laws currently in effect in the United States. Accordingly, information concerning mineral deposits set forth herein may not be comparable with information made public by companies that report in accordance with U.S. standards.

Technical disclosure contained in this news release has not been prepared in accordance with the requirements of United States securities laws and uses terms that comply with reporting standards in Canada with certain estimates prepared in accordance with NI 43-101.

NI 43-101 is a rule developed by the Canadian Securities Administrators that establishes standards for all public disclosure an issuer makes of scientific and technical information concerning the issuer's material mineral projects.

APPENDIX - DRILL HOLE DETAILS

Table A1: Drill hole collar location, sample type, azimuth, dip and total depth.

DrillholeEastNorthElevationAzimuthDipDepth 
(m)TypeCOR25X-15397620266760557933216807CoreCOR25X-19397623266758457931711876CoreCOR26X-0239699926683951215168-59573CoreCOR26X-03397700266755957834815846CoreCOR26X-0639699926683951215141-66660CoreCOR26X-0839699926683951215164-70630CoreCMNE26X-013971462667860104886-47438CoreCMNE26X-023971452667860104861-83501CoreCMNE26X-0439714526678601048204-71369CoreCMNE26X-053971422667860104969-72474CoreELI25X-584002492666593395333-26258CoreELI25X-594003192667087550143-22432CoreELI26X-014002502666593395333-27312CoreELI26X-024003192667087550129-15429CoreELI26X-034002492666593395338-22312CoreELI26X-054002492666592395306-12399CoreELI26X-074002492666593395319-20201CoreELI26X-084002492666593395318-26258CoreELI26X-094002492666592395303-22222CoreELI26X-104002492666593395325-24225CoreELI26X-114002492666593395330-29273CoreELI26X-134002502666593395338-21276CoreELI26X-144002492666593395342-29318CoreELI26X-164002492666593395347-22294CoreELI26X-194003852666629376338-4249CoreELI26X-214003852666629376338-13450CoreELI26X-224003852666629376334-24507CoreSIN25X-213993102666219500302-30231CoreSIN26X-014001432666431464311-15471CoreSIN26X-033993082666219500271-1351CoreSIN26X-073993092666219500288-11195CoreSIN26X-083993082666218499276-10270CoreSIN26X-1139930826662185002652345CoreSIN26X-1339930826662195002814162CoreSIN26X-1439930826662185002649276CoreSIN26X-1539930826662185002717258CoreSJE26X-06400853267128311723353324CoreSJE26X-0840085426712831172352-27387CoreSJE26X-1040085426712831171347-33555CoreCNV26X-0140085326712831172340-20441CoreCNV26X-0340085326712831172342-10342CoreROBBIN26S-0339940826715321196115-86288CoreROT26X-01401987266915643234456258CoreROT26X-04401780266911672731036165CoreROT26X-0640178226691167281041192CoreROT26X-11401783266911672546-16381CoreROT26X-13401784266911672555-14324CoreSRE26X-04399738267066199580-23198CoreSRE26X-1239973826706639969517342CoreROS26X-01400044266539355717615255CoreNBU26X-024010182671218118319911291CoreNBU26X-034010182671219118319916300CoreLUZ26X-02404682266478359616712564CoreLUZ26X-03404681266478459616820594CoreLUZ26X-0540468226647825961681582CoreLUZ26X-06404886266422460232230162CoreLUZ26X-104048872664223600323-2174CoreLUZ26X-124048892664224601527309CoreLUZ26X-13404888266422460235242228CoreARN26X-014051092673471143194-451302Core  
Notes:

All drill hole collar coordinates are determined using total station equipment after hole completion with UTM WGS84, Zone 13 (metres) as the reference system.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/313544

Source: First Majestic Silver Corp.

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2026-09-09 12:01 16h ago
2026-09-09 04:21 23h ago
Baird Financial Group Inc. Purchases 183,238 Shares of Fastenal Company $FAST
FAST Fastenal
FMP Stock News
Original source text
Baird Financial Group Inc. increased its position in Fastenal Company (NASDAQ:FAST – Free Report) by 1.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 15,561,007 shares of the company’s stock after buying an additional 183,238 shares during the quarter. Fastenal accounts for approximately 1.0% of Baird Financial Group Inc.’s investment portfolio, making the stock its 22nd largest position. Baird Financial Group Inc. owned approximately 1.36% of Fastenal worth $747,395,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Brighton Jones LLC bought a new position in Fastenal during the 4th quarter worth $496,000. Integrated Wealth Concepts LLC lifted its stake in shares of Fastenal by 2.4% in the first quarter. Integrated Wealth Concepts LLC now owns 6,276 shares of the company’s stock worth $487,000 after acquiring an additional 147 shares during the period. Quantbot Technologies LP bought a new stake in Fastenal in the second quarter valued at approximately $158,000. Jump Financial LLC acquired a new stake in Fastenal during the 2nd quarter valued at approximately $2,199,000. Finally, Cary Street Partners Financial LLC raised its holdings in Fastenal by 111.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 3,367 shares of the company’s stock worth $141,000 after purchasing an additional 1,771 shares during the last quarter. 81.38% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Fastenal In other Fastenal news, Director Michael Ancius sold 3,000 shares of the business’s stock in a transaction that occurred on Tuesday, July 28th. The stock was sold at an average price of $49.00, for a total transaction of $147,000.00. Following the completion of the sale, the director directly owned 58,690 shares of the company’s stock, valued at approximately $2,875,810. The trade was a 4.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Rita J. Heise sold 34,964 shares of the stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $50.05, for a total value of $1,749,948.20. Following the completion of the sale, the director directly owned 20,000 shares of the company’s stock, valued at approximately $1,001,000. This trade represents a 63.61% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.28% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades FAST has been the subject of several recent analyst reports. Barclays decreased their price objective on shares of Fastenal from $47.00 to $46.00 and set an “equal weight” rating for the company in a research report on Thursday, July 16th. William Blair reissued an “outperform” rating on shares of Fastenal in a research report on Friday. Sanford C. Bernstein restated an “underperform” rating on shares of Fastenal in a research report on Wednesday, July 15th. Weiss Ratings raised Fastenal from a “buy (b-)” rating to a “buy (b)” rating in a research note on Wednesday, August 26th. Finally, Rothschild & Co Redburn set a $55.00 price target on Fastenal and gave the company a “buy” rating in a research note on Monday, July 13th. Six equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $49.17. Read Our Latest Analysis on FAST

Fastenal Stock Performance Shares of FAST opened at $49.38 on Wednesday. The stock has a 50-day moving average of $48.78 and a 200-day moving average of $46.64. Fastenal Company has a one year low of $38.97 and a one year high of $52.92. The company has a debt-to-equity ratio of 0.01, a current ratio of 4.18 and a quick ratio of 2.21. The company has a market cap of $56.66 billion, a PE ratio of 41.85, a P/E/G ratio of 3.09 and a beta of 0.72.

Fastenal (NASDAQ:FAST – Get Free Report) last released its quarterly earnings data on Tuesday, July 14th. The company reported $0.33 EPS for the quarter, meeting the consensus estimate of $0.33. The firm had revenue of $2.39 billion during the quarter, compared to the consensus estimate of $2.34 billion. Fastenal had a return on equity of 34.03% and a net margin of 15.45%.The company’s quarterly revenue was up 14.7% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.29 earnings per share. On average, equities research analysts predict that Fastenal Company will post 1.26 EPS for the current fiscal year.

Fastenal Increases Dividend The firm also recently declared a quarterly dividend, which was paid on Tuesday, August 25th. Investors of record on Tuesday, July 28th were given a $0.26 dividend. This represents a $1.04 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend was Tuesday, July 28th. This is a positive change from Fastenal’s previous quarterly dividend of $0.24. Fastenal’s payout ratio is 88.14%.

Fastenal Company Profile (Free Report)

Fastenal (NASDAQ: FAST) is a wholesale distributor of industrial and construction supplies, best known for its broad assortment of fasteners such as bolts, nuts, screws and anchors. Founded in Winona, Minnesota, Fastenal has grown from a regional supplier into a national and international distributor serving a wide range of end markets, including manufacturing, construction, maintenance, repair and operations (MRO), and government customers. The company is publicly traded and operates through a network of locally staffed branches combined with national distribution capabilities.

Product offerings extend beyond fasteners to include tools, safety and personal protective equipment, power transmission components, cutting and welding supplies, janitorial and material handling items, and other industrial consumables.

Read More Five stocks we like better than Fastenal Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For Want to see what other hedge funds are holding FAST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fastenal Company (NASDAQ:FAST – Free Report).

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