Micron Technology, Inc. $MU Stock Sold by VMS Asset Management Limited

VMS Asset Management Limited reduced its holdings in Micron Technology, Inc. (NASDAQ:MU) by 67.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,194 shares of the semiconductor manufacturer’s stock after selling 10,852 shares during the quarter. Micron Technology accounts for 2.2% of VMS Asset Management Limited’s holdings, making the stock its 22nd biggest position. VMS Asset Management Limited’s holdings in Micron Technology were worth $5,532,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of Micron Technology in the first quarter valued at $27,000. Bullseye Investment Management LLC acquired a new position in shares of Micron Technology in the 2nd quarter valued at $27,000. Bayban acquired a new position in shares of Micron Technology in the 4th quarter valued at $29,000. Aventus Investment Advisors Inc. purchased a new position in Micron Technology in the 3rd quarter worth about $30,000. Finally, Steph & Co. purchased a new position in Micron Technology in the 3rd quarter worth about $31,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

MU has been the topic of several recent analyst reports. Wedbush restated an “outperform” rating and set a $1,400.00 price objective on shares of Micron Technology in a report on Monday, September 28th. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,900.00 price objective on shares of Micron Technology in a research note on Tuesday. Needham & Company LLC reiterated a “buy” rating and issued a $1,650.00 target price on shares of Micron Technology in a report on Thursday, October 1st. CLSA reissued an “outperform” rating and issued a $1,700.00 target price on shares of Micron Technology in a research report on Friday, October 2nd. Finally, Phillip Securities raised their price objective on shares of Micron Technology from $530.00 to $1,870.00 and gave the stock a “buy” rating in a research note on Monday, June 29th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Stock Performance

Shares of MU opened at $914.13 on Thursday. The company’s 50 day moving average price is $984.86 and its 200 day moving average price is $857.08. Micron Technology, Inc. has a 52 week low of $187.42 and a 52 week high of $1,255.00. The company has a market capitalization of $1.03 trillion, a PE ratio of 12.32, a PEG ratio of 0.17 and a beta of 2.22. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 prior year, the business earned $3.03 EPS. The company’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. Research analysts expect that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

Insider Activity

In related 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 transaction 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 trade represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction 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 sale, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 95,879 shares of company stock worth $90,939,466 in the last ninety days. Corporate 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: Micron’s fundamentals remain strong: fiscal fourth-quarter revenue increased approximately 379% year over year to $54.23 billion, while earnings exceeded analyst expectations. The company also has more than 75% of fiscal 2027 output covered by customer commitments, improving visibility through the next cycle. A Chinese Rival Just Spooked Memory Stocks
• Positive Sentiment: Micron’s board authorized roughly $35 billion in share repurchases, potentially supporting per-share earnings and signaling confidence in future cash generation. The company has also reduced concentration risk, with no customer accounting for at least 10% of fiscal 2026 revenue. Micron’s Buybacks
• Positive Sentiment: Rosenblatt Securities reaffirmed its Buy rating and assigned a $1,900 price target, while Erste Group raised its fiscal 2027 earnings forecast to $173.31 per share. Elon Musk also praised Micron’s approach to future memory pricing as customer-friendly. Rosenblatt Reaffirms Buy Rating
• Neutral Sentiment: Micron will distribute approximately $169.7 million in dividends on October 29. The payout provides shareholder support but is unlikely to outweigh broader concerns about the semiconductor sector. Micron Dividend Payout
• Negative Sentiment: China’s ChangXin Memory Technologies reportedly made progress on a denser DRAM design aimed at server memory. Although commercial-scale production and yields remain unproven, investors fear CXMT could pressure pricing and margins over time. Micron Stock Slides Again
• Negative Sentiment: The broader AI-stock sell-off has intensified as investors question who can finance continued data-center infrastructure spending. Hotter inflation and weakness across Nvidia, AMD, Samsung and SK Hynix are adding sector-wide selling pressure. AI Stocks Face a New Reality
• Negative Sentiment: Investors are also questioning whether Micron’s exceptional earnings represent a cyclical peak, particularly because high-bandwidth memory remains a relatively small portion of total revenue. Potential labor disruption at a Taiwan facility and ongoing concerns about industry oversupply add further risk.

Micron Technology 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.