Micron Technology, Inc. $MU Shares Bought by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC boosted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 37.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,877 shares of the semiconductor manufacturer’s stock after acquiring an additional 6,542 shares during the quarter. Micron Technology accounts for about 1.2% of Knights of Columbus Asset Advisors LLC’s investment portfolio, making the stock its 12th largest holding. Knights of Columbus Asset Advisors LLC’s holdings in Micron Technology were worth $25,432,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Gibbs Wealth Management boosted its position in 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 period. Denali Advisors LLC bought a new stake in Micron Technology in the 2nd quarter worth $7,364,000. Castleark Management LLC bought a new stake in Micron Technology in the 1st quarter worth $3,709,000. Oppenheimer & Co. Inc. grew its holdings in 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 acquiring an additional 6,702 shares during the last quarter. Finally, Legacy Wealth Management LLC MS increased its position in shares of 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 period. 80.84% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on MU. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $1,500.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Rosenblatt Securities reissued a “buy” rating and issued a $1,900.00 target price on shares of Micron Technology in a research note on Thursday, October 22nd. Sanford C. Bernstein reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $1,650.00 price target on shares of Micron Technology in a report on Thursday, October 22nd. 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Several analysts see substantial upside, citing continued demand for memory chips from AI infrastructure and a valuation they consider inexpensive. Goldman Sachs characterized the shares as attractively valued, while KeyBanc sees potential for a significant recovery; these are analyst views, not guaranteed outcomes. Micron stock is a screaming buy at current valuation levels: Goldman Sachs KeyBanc analyst sees upside
• Positive Sentiment: Micron’s reported record revenue and earnings beat, strong earnings-growth expectations, and low multiple—about four times projected fiscal 2027 earnings according to one report—support the bullish case. Micron valuation and earnings
• Positive Sentiment: A reported $35 billion share-buyback program is expected to begin December 9, potentially adding a source of shareholder demand. Micron’s buyback can start December 9
• Neutral Sentiment: Bank of America removed Micron from its “US 1” list but reportedly maintained a Buy rating, suggesting reduced conviction rather than a change to its formal recommendation. Micron removed from BofA’s top stock list
• Negative Sentiment: Investors are concerned that political and local opposition to data-center construction, along with questions about the sustainability of AI spending, could weaken future demand. The stock’s recent steep retreat reflects these worries despite strong reported results. Why Micron stock is falling
• Negative Sentiment: Micron remains exposed to the memory industry’s boom-and-bust cycles. Commentary about a possible “cyclical cliff” raises concern that today’s strong pricing and earnings may not last, even with much of next year’s supply reportedly committed. Micron faces cyclical risks

Insiders Place Their Bets

In other Micron Technology news, insider Scott J. Deboer sold 28,545 shares of the company’s stock in a transaction that occurred on 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 transaction, the insider owned 147,430 shares in the company, valued at approximately $132,687,000. This represents a 16.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This represents a 13.14% 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. Company insiders own 0.24% of the company’s stock.

Micron Technology Stock Down 1.1%

Shares of NASDAQ MU opened at $725.11 on Wednesday. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. The firm has a market capitalization of $820.40 billion, a PE ratio of 9.77, a price-to-earnings-growth ratio of 0.13 and a beta of 2.36. The firm has a fifty day simple moving average of $952.93 and a two-hundred day simple moving average of $758.35.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. The firm had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The company’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same period last year, the company posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts expect that Micron Technology, Inc. will post 175.22 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis 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%.

Micron Technology 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.