Bank of New Hampshire Reduces Stock Holdings in Micron Technology, Inc. $MU

Bank of New Hampshire trimmed its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 21.4% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 4,877 shares of the semiconductor manufacturer’s stock after selling 1,325 shares during the period. Micron Technology makes up approximately 1.1% of Bank of New Hampshire’s holdings, making the stock its 22nd largest position. Bank of New Hampshire’s holdings in Micron Technology were worth $5,195,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in MU. Roth Financial Partners LLC purchased a new stake in Micron Technology during the 3rd quarter valued at about $447,000. Private Capital Advisors Inc. grew its holdings in shares of Micron Technology by 379.6% during the third quarter. Private Capital Advisors Inc. now owns 6,715 shares of the semiconductor manufacturer’s stock valued at $7,152,000 after buying an additional 5,315 shares during the last quarter. Paladin Partners LLC bought a new stake in shares of Micron Technology during the third quarter valued at approximately $2,226,000. Iowa State Bank raised its holdings in Micron Technology by 2.8% in the 3rd quarter. Iowa State Bank now owns 6,047 shares of the semiconductor manufacturer’s stock worth $6,441,000 after acquiring an additional 164 shares during the last quarter. Finally, Ables Iannone Moore & Associates Inc. lifted its position in Micron Technology by 5.3% in the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock valued at $252,000 after acquiring an additional 12 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

Shares of NASDAQ:MU traded down $18.40 during midday trading on Tuesday, hitting $1,045.56. The company had a trading volume of 21,666,664 shares, compared to its average volume of 41,653,750. The company has a market cap of $1.18 trillion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.20 and a beta of 2.22. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The company has a fifty day moving average of $965.73 and a two-hundred day moving average of $831.69. Micron Technology, Inc. has a 12-month low of $179.61 and a 12-month high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The firm had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter last year, the company earned $3.03 earnings per share. The business’s revenue for the quarter was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts expect that Micron Technology, Inc. will post 165.51 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be paid a dividend of $0.15 per share. The ex-dividend date is Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is 0.81%.

More Micron Technology News

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

• Positive Sentiment: Analysts remain broadly bullish on Micron’s long-term outlook. Record fourth-quarter revenue of $54.23 billion, sharply higher earnings, strong data-center demand and tighter memory supply are supporting expectations for sustained growth through fiscal 2027–2028. Micron: Tighter Market Conditions Through 2028 Mean This Is a Great Buy
• Positive Sentiment: AI infrastructure and high-bandwidth memory (HBM) demand could make Micron’s revenue base less cyclical than in prior memory upcycles. Strategic customer agreements reportedly cover more than 35% of expected revenue through 2030, improving visibility and pricing power. Micron Q4 Blowout: Why Memory Supercycle Still Has Runway
• Positive Sentiment: Micron’s valuation remains attractive to some analysts relative to other AI semiconductor companies, while its strong balance sheet and cash generation could support shareholder returns. Restrictions on CHIPS Act-related buybacks are scheduled to expire on December 9, potentially enabling repurchases. Why investors should be watching this date for Micron
• Neutral Sentiment: Micron entered a patent-license and settlement agreement with Netlist requiring quarterly payments of approximately $30 million for five years, resolving the companies’ ongoing litigation. The payments create a recurring cost but remove legal uncertainty. Netlist and Micron Enter Patent License and Settlement Agreements
• Neutral Sentiment: Micron has accused a Chinese rival of recruiting its engineers and misusing confidential technology in subsequent patent litigation. The dispute could affect legal and competitive risks, although no immediate financial impact was reported. Micron Says a Chinese Rival Poached Its Engineers
• Negative Sentiment: Bearish commentary highlights slowing sequential DRAM average-selling-price growth, anticipated gross-margin moderation and higher fiscal 2027 capital spending. Investors are concerned that increased industry capacity could eventually pressure pricing. Micron: Wishful Thinking At Its Finest
• Negative Sentiment: After a major year-to-date rally, profit-taking and fears of a memory-price peak are limiting the stock’s response to earnings that exceeded expectations. Reporting risk across memory-chip peers is also contributing to caution. Is Micron Stock Worth Holding After Its Solid Q4 Earnings Results?

Insider Buying and Selling

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the 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 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 SEC, which is accessible through the SEC website. Also, CAO Scott Allen sold 879 shares of the firm’s stock in a transaction dated 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 sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders sold 95,879 shares of company stock valued at $90,939,466. Company insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

MU has been the subject of several recent analyst reports. Weiss Ratings restated a “buy (b)” rating on shares of Micron Technology in a research note on Friday, August 7th. Rosenblatt Securities upped their target price on shares of Micron Technology from $1,500.00 to $1,900.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. Seaport Research Partners reiterated a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. President Capital boosted their price objective on shares of Micron Technology to $1,500.00 and gave the company a “buy” rating in a report on Friday, July 17th. Finally, Erste Group Bank upgraded shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Forty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $1,385.93.

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.