Micron Technology, Inc. $MU Shares Sold by Machina Capital S.A.S.

Machina Capital S.A.S. reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 72.4% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 1,170 shares of the semiconductor manufacturer’s stock after selling 3,069 shares during the period. Machina Capital S.A.S.’s holdings in Micron Technology were worth $1,246,000 at the end of the most recent quarter.

A number of other institutional investors have also modified their holdings of MU. Andar Capital Management HK Ltd boosted its stake in shares of Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock worth $39,571,847,000 after buying an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA acquired a new stake in Micron Technology during the second quarter worth about $22,182,263,000. Legal & General Group Plc purchased a new position in Micron Technology during the second quarter valued at approximately $8,402,393,000. Situational Awareness LP raised its position in Micron Technology by 1,149.0% during the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock valued at $5,573,819,000 after acquiring an additional 5,289,124 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new position in Micron Technology during the second quarter valued at approximately $3,761,237,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

NASDAQ:MU opened at $798.44 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week high of $1,255.00. The stock’s 50-day moving average price is $947.33 and its 200-day moving average price is $762.45. The stock has a market capitalization of $903.37 billion, a PE ratio of 10.76, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion during the quarter, compared to analysts’ expectations 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 quarter in the prior year, the firm posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities analysts expect that Micron Technology, Inc. will post 174.19 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were given a $0.15 dividend. The ex-dividend date 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%.

Recent Micron Technology Headlines

These are some of the MU headlines 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
• 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
• Neutral Sentiment: Micron announced participation in upcoming investor events, with no major new financial outlook disclosed in the report. Micron investor events announcement

Wall Street Analysts Forecast Growth

MU has been the subject of a number of analyst reports. CLSA reissued an “outperform” rating and issued a $1,700.00 price target on shares of Micron Technology in a report on Friday, October 2nd. DA Davidson raised their price objective on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. TD Cowen reaffirmed a “buy” rating and set a $1,600.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. Finally, Weiss Ratings cut shares of Micron Technology from a “buy (b)” rating to a “buy (b-)” rating in a research note on Wednesday. One research 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, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Activity

In other news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred on 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 transaction, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This trade represents a 7.28% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Scott J. Deboer sold 28,545 shares of the 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 transaction, the insider owned 147,430 shares in the company, valued at $132,687,000. This trade represents a 16.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 83,545 shares of company stock worth $78,460,850 over the last three months. 0.24% of the stock is currently owned by corporate insiders.

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.