Micron Technology, Inc. $MU Stock: Madrona Financial Services LLC Grows Stake

Madrona Financial Services LLC lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 249.9% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,399 shares of the semiconductor manufacturer’s stock after purchasing an additional 3,856 shares during the quarter. Madrona Financial Services LLC’s holdings in Micron Technology were worth $5,750,000 at the end of the most recent reporting period.

Other large investors also recently modified their holdings of the company. Gibbs Wealth Management lifted its position in shares of Micron Technology by 52.7% during the 3rd quarter. Gibbs Wealth Management now owns 6,041 shares of the semiconductor manufacturer’s stock valued at $6,435,000 after buying an additional 2,085 shares during the last quarter. Denali Advisors LLC purchased a new position in Micron Technology during the second quarter worth about $7,364,000. Castleark Management LLC purchased a new position in shares of Micron Technology during the first quarter worth about $3,709,000. Oppenheimer & Co. Inc. increased its holdings in shares of Micron Technology by 16.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock worth $56,006,000 after buying an additional 6,702 shares during the last quarter. Finally, Legacy Wealth Management LLC MS increased its stake in Micron Technology by 73.3% in the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after acquiring an additional 1,499 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Performance

Shares of MU stock opened at $877.55 on Monday. 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, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00. The stock has a 50 day moving average price of $983.61 and a two-hundred day moving average price of $883.59. The company has a market capitalization of $992.88 billion, a P/E ratio of 11.83, a PEG ratio of 0.15 and a beta of 2.22.

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 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 firm had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. During the same quarter in the prior year, the firm posted $3.03 earnings per share. The business’s quarterly revenue 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. Analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.15 per share. 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 dividend payout ratio is presently 0.81%.

Analyst Ratings Changes

Several research analysts have commented on the stock. Arete Research lifted their price target on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. Itau BBA Securities boosted their price target on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Cantor Fitzgerald reissued an “overweight” rating and issued a $2,000.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Rosenblatt Securities restated a “buy” rating and set a $1,900.00 price target on shares of Micron Technology in a research report on Thursday. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president owned 191,021 shares in the company, 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 legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction dated Friday, August 21st. The shares were 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 of the company’s stock, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 83,545 shares of company stock valued at $78,460,850 in the last quarter. Company insiders own 0.24% of the company’s stock.

Micron Technology News Summary

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

• Positive Sentiment: Improved industry sentiment: A broad rebound in semiconductor stocks lifted Micron, SK Hynix and SanDisk as investors returned to AI and memory names following a sharp pullback. Why are Micron, SK Hynix, and SanDisk stocks climbing on Friday?
• Positive Sentiment: Favorable supply dynamics: SK Hynix’s decision to abandon a planned U.S. IPO for its Solidigm flash-memory unit could reduce concerns about additional NAND supply entering the market, potentially benefiting Micron and SanDisk. Micron, Sandisk gain as SK Hynix scraps Solidigm IPO
• Positive Sentiment: Analyst and growth support: Erste Group raised its FY2028 EPS forecast to $201.26 from $199.05 and maintained a Buy rating. Analysts continue to point to Micron’s AI-driven HBM demand, improving margins and relatively low valuation as reasons for optimism. Micron earnings estimate update
• Neutral Sentiment: Strategic investment: Micron’s planned investment in U.S. critical-mineral processing supports its domestic supply-chain strategy, although the near-term financial impact is unclear. Micron critical-minerals investment
• Negative Sentiment: Technology execution risk: Micron’s next-generation memory architecture could improve data movement for AI processors, but placing more memory closer to computing units creates difficult cooling and heat-management challenges. Micron’s Next AI Memory Breakthrough Has a Cooling Problem
• Negative Sentiment: Insider selling and volatility: Recent filings show extensive insider selling with no reported open-market purchases, while technical commentary warns that the recovery remains fragile amid ongoing concerns about AI spending, interest rates and valuation.

Micron Technology Company 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.