Micron Technology, Inc. $MU Shares Newly Bought by MRA Advisory Group

MRA Advisory Group acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 473 shares of the semiconductor manufacturer’s stock, valued at approximately $504,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the stock. Wealth Group Ltd boosted its position in Micron Technology by 13.7% during the third quarter. Wealth Group Ltd now owns 291 shares of the semiconductor manufacturer’s stock worth $313,000 after purchasing an additional 35 shares during the period. PFW Advisors LLC lifted its stake in shares of Micron Technology by 41.8% in the third quarter. PFW Advisors LLC now owns 251 shares of the semiconductor manufacturer’s stock worth $267,000 after buying an additional 74 shares during the last quarter. Lake Hills Wealth Management LLC boosted its holdings in shares of Micron Technology by 16.8% during the 3rd quarter. Lake Hills Wealth Management LLC now owns 925 shares of the semiconductor manufacturer’s stock worth $985,000 after buying an additional 133 shares during the period. American National Bank & Trust grew its stake in Micron Technology by 4.1% in the 3rd quarter. American National Bank & Trust now owns 358 shares of the semiconductor manufacturer’s stock valued at $381,000 after buying an additional 14 shares during the last quarter. Finally, Crumly & Associates Inc. raised its holdings in Micron Technology by 36.5% in the 3rd quarter. Crumly & Associates Inc. now owns 957 shares of the semiconductor manufacturer’s stock worth $1,019,000 after acquiring an additional 256 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction that occurred 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 sale, the executive vice president directly owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. The trade was a 7.28% 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 this link. Also, CAO Scott 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 approximately $34,958,000. This represents a 2.45% 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 95,879 shares of company stock valued at $90,939,466. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology Stock Performance

MU stock traded up $39.62 during midday trading on Wednesday, hitting $1,085.17. The stock had a trading volume of 20,847,966 shares, compared to its average volume of 41,544,824. Micron Technology, Inc. has a 52 week low of $179.61 and a 52 week high of $1,255.00. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The stock has a 50-day simple moving average of $965.73 and a 200 day simple moving average of $831.69. The firm has a market capitalization of $1.23 trillion, a price-to-earnings ratio of 14.64, a P/E/G ratio of 0.19 and a beta of 2.22.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same quarter in the previous year, the firm posted $3.03 EPS. The business’s revenue for the quarter was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research analysts anticipate that Micron Technology, Inc. will post 167.29 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders 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 yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

More Micron Technology News

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

  • Positive Sentiment: DA Davidson raised its price target to $3,000 from $2,100 and maintained a Buy rating, arguing that artificial-intelligence infrastructure could support a multiyear memory upcycle. The target is among the highest on Wall Street and is helping reinforce bullish sentiment. Why is Micron stock rising on Wednesday?
  • Positive Sentiment: Tight supply and strong AI demand remain the core investment catalyst. Micron said more than 75% of fiscal 2027 shipments are committed, while customers are already discussing allocations for 2028. Demand for high-bandwidth memory, data-center DRAM and enterprise SSDs is supporting pricing power and reducing the market’s usual cyclicality. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
  • Positive Sentiment: Micron’s latest results showed revenue of $54.23 billion and adjusted EPS of $33.42, both ahead of expectations. Fiscal first-quarter 2027 guidance calls for $60 billion-$63 billion in revenue and $37.15-$39.15 in adjusted EPS, implying another sequential increase. Zacks also added MU to its Strong Buy and momentum lists.
  • Neutral Sentiment: Micron agreed to pay Netlist $600 million for a five-year patent license and settlement, resolving ongoing litigation but creating a meaningful cash expense. The deal removes legal uncertainty and may be viewed as strategically preferable to prolonged litigation. Micron Technology, Netlist Settle Patent Dispute for $600 Million
  • Negative Sentiment: Workers at Micron’s Taiwan operations authorized a strike over bonus reforms. No walkout has been announced, but Taiwan accounts for a substantial portion of Micron’s production, making a disruption a potential supply and cost risk. Micron’s Taoyuan union in Taiwan secures authorisation to strike
  • Negative Sentiment: Investors remain concerned that memory prices and gross margins could be nearing a cyclical peak as production expands. Michael Burry’s reported use of longer-dated put options and the broader chip-sector selloff add caution, although current demand commitments suggest any downturn may be delayed.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on the stock. KeyCorp restated an “overweight” rating on shares of Micron Technology in a report on Thursday, October 1st. New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and boosted their price objective for the stock from $470.00 to $1,250.00 in a research report on Friday, August 14th. Wolfe Research set a $1,500.00 target price on Micron Technology in a research note on Thursday, June 25th. UBS Group reiterated a “buy” rating and set a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a report on Wednesday, September 23rd. Finally, Arete Research increased their price objective on Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Forty-one investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Get Our Latest Research Report on Micron Technology

Micron Technology Profile

(Free Report)

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.

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

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