Micron Technology, Inc. $MU Shares Acquired by Goelzer Investment Management Inc.

Goelzer Investment Management Inc. grew its position in Micron Technology, Inc. (NASDAQ:MU) by 235.1% during the third quarter, Holdings Channel reports. The firm owned 3,559 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,497 shares during the period. Goelzer Investment Management Inc.’s holdings in Micron Technology were worth $3,791,000 as of its most recent filing with the SEC.

Other institutional investors have also recently modified their holdings of the company. Annex Advisory Services LLC grew its position in Micron Technology by 849.9% during the 3rd quarter. Annex Advisory Services LLC now owns 50,382 shares of the semiconductor manufacturer’s stock worth $53,662,000 after purchasing an additional 45,078 shares during the period. BostonPremier Wealth LLC lifted its holdings in shares of Micron Technology by 9.4% in the 3rd quarter. BostonPremier Wealth LLC now owns 514 shares of the semiconductor manufacturer’s stock valued at $548,000 after buying an additional 44 shares during the period. Franchise GP Ltd lifted its holdings in shares of Micron Technology by 6.1% in the 3rd quarter. Franchise GP Ltd now owns 14,200 shares of the semiconductor manufacturer’s stock valued at $15,125,000 after buying an additional 820 shares during the period. Riverbend Wealth Management LLC boosted its stake in shares of Micron Technology by 48.2% in the third quarter. Riverbend Wealth Management LLC now owns 1,064 shares of the semiconductor manufacturer’s stock worth $1,133,000 after buying an additional 346 shares during the last quarter. Finally, ACT Advisors LLC. boosted its stake in shares of Micron Technology by 23.9% in the third quarter. ACT Advisors LLC. now owns 560 shares of the semiconductor manufacturer’s stock worth $597,000 after buying an additional 108 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Stock Down 5.6%

Shares of MU opened at $878.84 on Friday. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 12 month low of $192.40 and a 12 month high of $1,255.00. The stock’s 50 day moving average is $985.88 and its two-hundred day moving average is $861.24. The firm has a market cap of $994.34 billion, a P/E ratio of 11.84, a PEG ratio of 0.16 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 business had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. During the same period in the prior year, the company posted $3.03 EPS. The business’s quarterly revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Analysts predict that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Insiders Place Their Bets

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 value of $879,000.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated 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 $178,469,010.09. This represents a 7.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 95,879 shares of company stock worth $90,939,466. Company insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on MU. Arete Research raised their target price on Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Citigroup boosted their price target on Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a report on Wednesday, September 23rd. Erste Group Bank upgraded Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Finally, Mizuho raised their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note 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 assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron’s long-term outlook remains supported by tight memory supply and robust AI demand. Analysts and commentators point to expanding margins, pricing strength, high-bandwidth memory (HBM) growth, and management’s expectation that supply constraints could persist through 2028. Micron: Why You Should Buy Before Dec’26
• Positive Sentiment: Recent results exceeded expectations: fiscal fourth-quarter revenue reached approximately $54.2 billion, above the high end of management’s outlook, while full-year revenue reportedly rose to about $133.2 billion. Supporters also cite long-term customer agreements, price floors, potential share repurchases under Micron’s $35 billion authorization, and continued investment in U.S. manufacturing. Micron Stock Is 25% Below Its June Record
• Positive Sentiment: ASML’s comments that demand for advanced chipmaking equipment exceeds supply through 2028 are viewed as favorable for Micron, a major ASML customer developing next-generation HBM products. Micron also pledged $50 million to U.S. memory research, reinforcing its domestic technology and supply-chain strategy. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Several analysts continue to describe the retreat as a potential buying opportunity, citing Micron’s valuation and earnings growth. However, bullish price targets depend on memory demand remaining strong and the current pricing cycle lasting longer than expected.
• Negative Sentiment: Investors remain concerned that CXMT’s progress in DDR5, LPDDR5X, and server memory could pressure pricing and market share, particularly in conventional memory. A possible industry oversupply later this decade adds to the cyclical risk. Memory stocks are getting hammered
• Negative Sentiment: The broader AI trade is under pressure as investors question whether data-center spending can generate adequate returns and whether highly leveraged “neocloud” companies can remain viable. Higher inflation and the prospect of additional interest-rate increases are also encouraging rotation away from expensive technology stocks.
• Negative Sentiment: One senior executive sold 6,328 Micron shares on October 14. The transaction appears isolated and is small relative to the company, but it adds a modest negative signal during an already weak trading period. Monster insider trading alert for Micron 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.