Micron Technology, Inc. $MU Stock Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 7.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 202,221 shares of the semiconductor manufacturer’s stock after purchasing an additional 14,813 shares during the quarter. Micron Technology makes up approximately 0.6% of Kestra Advisory Services LLC’s holdings, making the stock its 21st biggest position. Kestra Advisory Services LLC’s holdings in Micron Technology were worth $215,387,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in MU. Andar Capital Management HK Ltd lifted its holdings 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 in the last quarter. Primecap Management Co. CA bought a new position in shares of Micron Technology during the second quarter worth $22,182,263,000. Bank of America Corp DE grew its stake in Micron Technology by 26.6% during the second quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock valued at $11,744,621,000 after acquiring an additional 2,136,470 shares in the last quarter. Legal & General Group Plc purchased a new position in Micron Technology during the second quarter valued at $8,402,393,000. Finally, Dimensional Fund Advisors LP increased its holdings in Micron Technology by 1.3% in the 1st quarter. Dimensional Fund Advisors LP now owns 6,967,065 shares of the semiconductor manufacturer’s stock valued at $2,352,282,000 after acquiring an additional 86,488 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology News Summary

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

• Positive Sentiment: Several articles point to robust AI-driven demand, tight memory supply, and strong pricing as supports for Micron’s business. Some commentators view the sell-off as a potential buying opportunity, though that is an opinion rather than a change in company guidance. Article: Micron: Is the Recent Selloff a Buying Opportunity?
• Neutral Sentiment: Director Linnie M. Haynesworth plans to retire from Micron’s board at the annual shareholders meeting expected on January 14, 2027. The announcement did not include other board changes. Article: Micron Announces Board of Directors Retirement
• Negative Sentiment: Investors are concerned that proposals for tighter AI data-center rules—including zoning, energy and water requirements, and environmental reviews—could delay projects and soften future demand for memory chips. These are policy risks, not announced changes to Micron’s current customer demand. Article: Could Micron Technology Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: Reports say Micron has paused plans for a $4.5 billion Taiwan memory facility amid a labor dispute. The delay raises execution concerns for a project intended to produce DRAM and high-bandwidth memory used in AI data centers. Article: Micron Stock Falls After Report of $4.5 Billion Taiwan Pause
• Negative Sentiment: The sell-off is also part of a wider retreat in chip and technology stocks, with investors reducing exposure to AI-linked shares. Reports of Chinese rival CXMT pre-selling $1 billion in DRAM add to concerns about competition and future market share. Article: Why Micron Stock Keeps Going Down

Insider Buying and Selling

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 sale, the insider directly owned 147,430 shares in the company, valued at $132,687,000. This represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 83,545 shares of company stock worth $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several research analysts have commented on MU shares. Daiwa Securities Group increased their price objective on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a report on Friday, July 17th. Arete Research lifted their target price on Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. ThinkEquity reiterated a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. Needham & Company LLC reissued a “buy” rating and set a $1,650.00 price target on shares of Micron Technology in a research note on Thursday, October 22nd. Finally, President Capital raised their price target on Micron Technology to $1,500.00 and gave the company a “buy” rating in a report on Friday, July 17th. 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. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Price Performance

MU stock opened at $655.78 on Friday. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week high of $1,255.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The company has a fifty day simple moving average of $966.51 and a two-hundred day simple moving average of $753.37. The firm has a market capitalization of $741.97 billion, a P/E ratio of 8.84, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. During the same period last year, the company posted $3.03 EPS. The business’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. Analysts anticipate that Micron Technology, Inc. will post 175.19 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a $0.15 dividend. 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 dividend payout ratio (DPR) is presently 0.81%.

About Micron Technology

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.