Micron Technology, Inc. $MU Position Decreased by Burr Financial Services LLC

Burr Financial Services LLC trimmed its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 6.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 9,383 shares of the semiconductor manufacturer’s stock after selling 597 shares during the quarter. Micron Technology accounts for approximately 6.1% of Burr Financial Services LLC’s portfolio, making the stock its 5th largest holding. Burr Financial Services LLC’s holdings in Micron Technology were worth $9,994,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. Andar Capital Management HK Ltd grew its stake in shares of Micron Technology by 856,960.3% during 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 purchasing an additional 34,278,413 shares during the period. Primecap Management Co. CA purchased a new stake in Micron Technology during the second quarter worth about $22,182,263,000. Bank of America Corp DE grew its position in Micron Technology by 26.6% during the second quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock worth $11,744,621,000 after buying an additional 2,136,470 shares during the period. Legal & General Group Plc acquired a new position in Micron Technology during the second quarter worth about $8,402,393,000. Finally, Wellington Management Group LLP increased its holdings in Micron Technology by 28.7% in the second quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer’s stock valued at $5,823,556,000 after buying an additional 1,125,414 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron’s DRAM revenue reached a record $39.8 billion in fiscal Q4 2026, representing 73% of total revenue. The result highlights Micron’s position as a major beneficiary of AI infrastructure spending. Micron’s DRAM Sales Reach $40B: Can AI Demand Drive Growth?
• Positive Sentiment: More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. This improves demand visibility and supports the view that AI-related memory shortages could persist longer than expected. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: D.A. Davidson raised its Micron price target to a Street-high $3,000 from $2,100 and maintained a Buy rating, citing AI demand that could keep memory supply constrained through 2028. Zacks also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Positive Sentiment: Micron’s data-center SSD business is helping diversify growth: NAND revenue surged, and data-center SSDs now account for more than 70% of NAND sales. Analysts argue this mix may make earnings less cyclical. Micron: NAND Is Not One Market Anymore
• Neutral Sentiment: Micron will pay Netlist $600 million over five years to settle patent litigation and obtain a license. The agreement removes legal uncertainty but creates a material ongoing cost. Micron Technology, Netlist Settle Patent Dispute
• Neutral Sentiment: Micron is scheduled to pay its final 2026 dividend later this month, providing modest shareholder income but likely having limited influence on the stock’s daily trading.
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan, a key manufacturing hub, voted overwhelmingly to authorize a strike over bonuses. No walkout has been announced, but a failed mediation could threaten production and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s forecast for record quarterly profit has prompted mixed trading: it confirms strong memory demand but also raises concerns about increasing competition, lofty sector expectations and eventual supply normalization. Investors are also watching whether Micron’s margins have peaked.

Micron Technology Price Performance

NASDAQ:MU traded down $42.04 during trading hours on Thursday, reaching $1,045.96. 12,208,026 shares of the company traded hands, compared to its average volume of 41,446,934. The firm’s 50-day moving average is $972.71 and its 200-day moving average is $836.22. The stock has a market cap of $1.18 trillion, a P/E ratio of 14.12, a P/E/G ratio of 0.18 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. Micron Technology, Inc. has a 1-year low of $179.61 and a 1-year high of $1,255.00.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The company had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. During the same period in the previous year, the firm posted $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. Equities research analysts expect that Micron Technology, Inc. will post 175.82 earnings per share 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 $0.15 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 0.81%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Robert W. Baird lifted their price target on shares of Micron Technology from $1,280.00 to $1,520.00 and gave the company an “outperform” rating in a research report on Monday, September 28th. JPMorgan Chase & Co. boosted their target price on Micron Technology from $550.00 to $1,540.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Seaport Research Partners reissued a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. Stifel Nicolaus lifted their price target on Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Buying and Selling at Micron Technology

In other news, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were 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 of the company’s stock, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 95,879 shares of company stock worth $90,939,466. Corporate insiders own 0.24% of the company’s stock.

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.