Micron Technology, Inc. $MU Shares Purchased by Global Wealth Management Investment Advisory Inc.

Global Wealth Management Investment Advisory Inc. boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 2,463.7% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,076 shares of the semiconductor manufacturer’s stock after purchasing an additional 5,839 shares during the period. Global Wealth Management Investment Advisory Inc.’s holdings in Micron Technology were worth $6,472,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in MU. M.E. Allison & CO. Inc. boosted its position in shares of Micron Technology by 0.8% in the second quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock worth $1,528,000 after buying an additional 11 shares during the period. Purus Wealth Management LLC grew its holdings in shares of Micron Technology by 1.4% during the third quarter. Purus Wealth Management LLC now owns 814 shares of the semiconductor manufacturer’s stock valued at $867,000 after buying an additional 11 shares in the last quarter. Ables Iannone Moore & Associates Inc. raised its position in Micron Technology by 5.3% during the third quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock valued at $252,000 after buying an additional 12 shares during the period. Koesten Hirschmann & Crabtree INC. raised its position in Micron Technology by 5.6% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 228 shares of the semiconductor manufacturer’s stock valued at $243,000 after buying an additional 12 shares during the period. Finally, Physician Wealth Advisors Inc. raised its position in Micron Technology by 1.6% during the third quarter. Physician Wealth Advisors Inc. now owns 762 shares of the semiconductor manufacturer’s stock valued at $812,000 after buying an additional 12 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Trading Up 6.3%

NASDAQ MU opened at $733.15 on Tuesday. Micron Technology, Inc. has a 1-year low of $192.59 and a 1-year high of $1,255.00. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $829.50 billion, a PE ratio of 9.88, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36. The firm’s fifty day simple moving average is $957.60 and its 200-day simple moving average is $756.71.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $31.77 by $1.65. The business had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. Micron Technology’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same period last year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, sell-side analysts anticipate that Micron Technology, Inc. will post 175.19 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology’s dividend payout ratio is presently 0.81%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Weiss Ratings lowered Micron Technology from a “buy (b+)” rating to a “buy (b)” rating in a research report on Tuesday, October 27th. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Rosenblatt Securities reiterated a “buy” rating and issued a $1,900.00 target price on shares of Micron Technology in a report on Thursday, October 22nd. BMO Capital Markets reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Citigroup increased their price target on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. One investment 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. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. The trade was a 7.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Scott J. Deboer sold 28,545 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider directly owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. The trade was a 16.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 83,545 shares of company stock valued at $78,460,850 in the last three months. Corporate insiders own 0.24% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Memory and storage stocks recovered after a sharp post-midterm sell-off, helping lift Micron. Some investors pointed to its comparatively low earnings multiple and potential buyback capacity as reasons for optimism. Micron Technology climbs amid broad tech rally
• Positive Sentiment: Recent coverage highlighted strong fundamentals: Micron’s latest quarterly revenue rose 379% year over year, and reports cited 26 take-or-pay customer agreements representing $32 billion in commitments, which could improve earnings visibility. Micron’s take-or-pay agreements
• Neutral Sentiment: Some analysts argue that fears of memory-chip competition may be overstated, while others see Micron’s recent decline as a potentially attractive entry point. These are opinions rather than new company results. Micron stock and competition concerns
• Negative Sentiment: Investors remain concerned that local opposition and restrictions on data-center projects could slow AI infrastructure spending—and, in turn, demand for memory. Those fears helped trigger last week’s sell-off. Why Micron stock gained on Monday
• Negative Sentiment: A separate report said construction of a new Micron memory plant in Taiwan was paused amid a labor dispute. If prolonged, the delay could affect capacity plans, although the article did not quantify the potential impact. Micron Taiwan plant construction halt

Micron Technology Company Profile

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices.

Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.