GKV Capital Management Co. Inc. Buys 1,035 Shares of Micron Technology, Inc. $MU

GKV Capital Management Co. Inc. raised its stake in Micron Technology, Inc. (NASDAQ:MU) by 23.8% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 5,376 shares of the semiconductor manufacturer’s stock after buying an additional 1,035 shares during the period. Micron Technology comprises 1.7% of GKV Capital Management Co. Inc.’s holdings, making the stock its 17th biggest holding. GKV Capital Management Co. Inc.’s holdings in Micron Technology were worth $5,726,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also added to or reduced their stakes in the stock. Andar Capital Management HK Ltd raised its stake in shares of Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after acquiring an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA bought a new position in Micron Technology in the second quarter worth approximately $22,182,263,000. Legal & General Group Plc bought a new position in Micron Technology in the second quarter worth approximately $8,402,393,000. Situational Awareness LP increased its holdings in Micron Technology by 1,149.0% during the 2nd quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after purchasing an additional 5,289,124 shares during the period. Finally, Canada Pension Plan Investment Board purchased a new position in Micron Technology during the 2nd quarter worth $3,761,237,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Price Performance

Shares of MU stock opened at $798.44 on Friday. Micron Technology, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00. The firm has a market capitalization of $903.37 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 0.14 and a beta of 2.36. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The stock’s 50-day simple moving average is $947.33 and its 200-day simple moving average is $762.45.

Micron Technology (NASDAQ:MU) last released 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 net margin of 63.80% and a return on equity of 92.62%. The company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter in the previous year, the firm earned $3.03 EPS. Micron Technology’s 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. As a group, equities analysts forecast that Micron Technology, Inc. will post 174.19 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Insider Activity

In other Micron Technology news, insider Scott J. Deboer sold 28,545 shares of Micron Technology stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the sale, the insider 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 sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 83,545 shares of company stock valued at $78,460,850 over the last ninety days. 0.24% of the stock is currently owned by insiders.

Key Micron Technology News

These are some of the MU news items that stood out recently:

• Positive Sentiment: AI demand remains a key tailwind. CoreWeave raised its 2026 revenue outlook and said customer demand for AI computing substantially exceeds its capacity. Micron’s data-center businesses account for a large share of sales, linking the company to continued infrastructure spending. CoreWeave AI demand article
• Positive Sentiment: Tight supply supports memory pricing. Reports say Micron has largely sold its high-bandwidth memory production for next year, reinforcing expectations that AI-driven demand and limited supply can sustain its business. Micron high-bandwidth memory article
• Neutral Sentiment: Micron plans a $1 billion investment in Anthropic’s private placement. The move ties Micron more closely to the AI ecosystem, but the investment’s eventual returns and strategic benefits are uncertain. Micron Anthropic investment article

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on the company. New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and lifted their target price for the company from $470.00 to $1,250.00 in a research report on Friday, August 14th. Daiwa Securities Group increased their price target on Micron Technology from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. UBS Group reissued a “buy” rating and set a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. DA Davidson raised their target price on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. Finally, Mizuho boosted their price target on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,407.88.

About Micron Technology

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.