Micron Technology, Inc. $MU Shares Sold by Russell Investments Group Ltd.

Russell Investments Group Ltd. lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 1,362,993 shares of the semiconductor manufacturer’s stock after selling 216,957 shares during the period. Micron Technology accounts for approximately 1.3% of Russell Investments Group Ltd.’s holdings, making the stock its 10th biggest position. Russell Investments Group Ltd.’s holdings in Micron Technology were worth $1,451,738,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Gibbs Wealth Management increased its position in Micron Technology by 52.7% in the 3rd quarter. Gibbs Wealth Management now owns 6,041 shares of the semiconductor manufacturer’s stock valued at $6,435,000 after acquiring an additional 2,085 shares during the period. Denali Advisors LLC acquired a new position in Micron Technology during the 2nd quarter worth $7,364,000. Castleark Management LLC acquired a new position in Micron Technology during the 1st quarter worth $3,709,000. Oppenheimer & Co. Inc. grew its stake in shares of Micron Technology by 16.0% in the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock worth $56,006,000 after purchasing an additional 6,702 shares in the last quarter. Finally, Legacy Wealth Management LLC MS grew its stake 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 worth $4,091,000 after purchasing an additional 1,499 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Down 1.6%

MU opened at $798.44 on Friday. Micron Technology, Inc. has a one year low of $192.59 and a one year high of $1,255.00. 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 fifty day moving average is $947.33 and its 200-day moving average is $762.45. The company has a market capitalization of $903.37 billion, a PE ratio of 10.76, a P/E/G ratio of 0.14 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business 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 company’s revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities analysts predict that Micron Technology, Inc. will post 174.19 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Shareholders 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 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is 0.81%.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on MU. Needham & Company LLC restated a “buy” rating and set a $1,650.00 price objective on shares of Micron Technology in a research note on Thursday, October 22nd. Susquehanna reiterated a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. Cantor Fitzgerald reissued an “overweight” rating and set a $2,000.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. 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, October 22nd. Finally, Arete Research upped 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. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Micron Technology currently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, insider Scott Deboer sold 28,545 shares of the company’s stock in a transaction dated 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. This represents a 16.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’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 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 position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is owned by insiders.

Micron Technology News Roundup

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
• 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

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.