Micron Technology, Inc. $MU Stock: Massachusetts Wealth Management Cuts Holdings

Massachusetts Wealth Management lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 51.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 3,863 shares of the semiconductor manufacturer’s stock after selling 4,165 shares during the quarter. Micron Technology makes up approximately 1.6% of Massachusetts Wealth Management’s holdings, making the stock its 21st biggest holding. Massachusetts Wealth Management’s holdings in Micron Technology were worth $4,115,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of MU. Mid American Wealth Advisory Group Inc. grew its position in shares of Micron Technology by 7.8% during the 3rd quarter. Mid American Wealth Advisory Group Inc. now owns 277 shares of the semiconductor manufacturer’s stock worth $295,000 after buying an additional 20 shares during the period. PFS Partners LLC raised its stake in shares of Micron Technology by 0.4% during the third quarter. PFS Partners LLC now owns 4,962 shares of the semiconductor manufacturer’s stock worth $5,285,000 after buying an additional 22 shares during the last quarter. Signature Wealth Management Partners LLC lifted its holdings in Micron Technology by 1.7% in the third quarter. Signature Wealth Management Partners LLC now owns 1,066 shares of the semiconductor manufacturer’s stock valued at $1,135,000 after buying an additional 18 shares during the period. Magnus Financial Group LLC lifted its holdings in Micron Technology by 20.6% in the third quarter. Magnus Financial Group LLC now owns 2,419 shares of the semiconductor manufacturer’s stock valued at $2,577,000 after buying an additional 413 shares during the period. Finally, Momentous Wealth Management Inc. lifted its holdings in Micron Technology by 4.1% in the third quarter. Momentous Wealth Management Inc. now owns 589 shares of the semiconductor manufacturer’s stock valued at $627,000 after buying an additional 23 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s fundamental outlook remains strong. Recent results showed adjusted EPS of $33.42 and revenue of $54.23 billion, far above consensus, while management guided to approximately $61.5 billion of revenue for the next quarter. AI-related demand for high-bandwidth memory, DRAM and NAND has helped drive record profitability, with analysts expecting tight supply through at least 2027. Micron’s Earnings Reveal Why the AI Memory Boom May Last Longer
• Positive Sentiment: Wedbush said Micron’s decision to bypass the competing 4F² DRAM architecture and pursue 3D technology could preserve its manufacturing and technology advantage. New products based on the roadmap are expected to support future AI-memory demand. Micron Charts a Different Course on DRAM
• Positive Sentiment: Needham and Rosenblatt reaffirmed buy ratings with price targets of $1,650 and $1,900, respectively. These targets reflect continued confidence in memory pricing, customer commitments and Micron’s earnings growth despite the recent pullback. What’s Going On With Micron Technology Stock Thursday?
• Neutral Sentiment: Micron introduced a quarterly employee bonus tied to company profits. The program could support workforce relations, but it may also increase compensation costs during a period of intense labor and capacity investment. Micron Introduces Quarterly Employee Bonus Tied to Profits
• Negative Sentiment: Investors are questioning whether massive AI spending is sustainable, particularly as rising oil prices, inflation and borrowing costs make data-center financing more expensive. Concerns about negative free cash flow at major technology customers have intensified fears of a broader AI investment slowdown. Why Micron Stock Dropped on Thursday
• Negative Sentiment: Memory and storage shares faced concentrated selling ahead of earnings, raising concerns that Micron’s unusually high margins could eventually normalize as competitors add capacity. China’s CXMT is also advancing server-memory technology, creating a longer-term competitive risk. Memory Selloff Deepens Ahead of Earnings
• Negative Sentiment: A labor dispute at Micron’s Taoyuan, Taiwan facility created fears of production disruption, shipment delays or higher costs, even though the company has also reported progress toward agreements with Taiwan unions. Micron’s Taiwan Strike

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $856.49 on Friday. The company has a market capitalization of $969.05 billion, a price-to-earnings ratio of 11.54, a P/E/G ratio of 0.16 and a beta of 2.22. The firm’s 50 day simple moving average is $985.49 and its 200 day simple moving average is $880.07. 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 fifty-two week low of $192.59 and a fifty-two week high of $1,255.00.

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, topping the consensus estimate of $31.77 by $1.65. The business had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. Micron Technology’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same quarter last year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, sell-side analysts forecast that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

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

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. JPMorgan Chase & Co. raised their price objective on shares of Micron Technology from $550.00 to $1,540.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. Sanford C. Bernstein reiterated an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. BNP Paribas Exane increased their price target on Micron Technology from $615.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Thursday, June 25th. Wedbush reissued an “outperform” rating and issued a $1,400.00 price target on shares of Micron Technology in a research note on Monday, September 28th. Finally, Argus reduced their price target on Micron Technology from $1,500.00 to $540.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction 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 transaction, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 83,545 shares of company stock worth $78,460,850. Company insiders own 0.24% of the company’s stock.

Micron Technology Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.