Warwick Investment Management Inc. Sells 970 Shares of Micron Technology, Inc. $MU

Warwick Investment Management Inc. reduced its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 43.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,244 shares of the semiconductor manufacturer’s stock after selling 970 shares during the period. Warwick Investment Management Inc.’s holdings in Micron Technology were worth $1,325,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the company. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology during the 1st quarter worth $27,000. Bullseye Investment Management LLC acquired a new stake in shares of Micron Technology during the second quarter worth $27,000. Bayban acquired a new stake in shares of Micron Technology during the fourth quarter worth $29,000. Aventus Investment Advisors Inc. bought a new stake in shares of Micron Technology in the third quarter valued at about $30,000. Finally, Steph & Co. bought a new stake in shares of Micron Technology in the third quarter valued at about $31,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $904.90 on Tuesday. The firm has a 50 day moving average of $986.76 and a 200-day moving average of $869.04. The stock has a market capitalization of $1.02 trillion, a PE ratio of 12.19, a PEG ratio of 0.15 and a beta of 2.22. 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 $192.40 and a 12 month high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued 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 the consensus estimate of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm’s quarterly revenue was up 379.1% on a year-over-year basis. 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. On average, equities research analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date is Wednesday, October 14th. Micron Technology’s payout ratio is currently 0.81%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the sale, the executive vice president owned 191,021 shares of the company’s stock, valued at $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,879 shares of company stock worth $90,939,466 over the last three months. Corporate insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently commented on MU. Rosenblatt Securities restated a “buy” rating and issued a $1,900.00 price target on shares of Micron Technology in a research note on Tuesday, October 13th. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Micron Technology in a research note on Thursday, October 1st. The Goldman Sachs Group set a $1,250.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Seaport Research Partners reissued a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $2,000.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. 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 stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology News Summary

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

• Positive Sentiment: Memory-chip stocks rebounded as fears of an AI-spending slowdown eased. Micron’s rally was part of a broader recovery that also lifted SanDisk and SK Hynix, suggesting sector-wide sentiment—not company-specific news alone—helped drive the move. Micron stock is rebounding today: here’s why
• Positive Sentiment: Wall Street commentary indicates memory prices could continue rising through at least 2027, countering recent concerns about competition and a potential supply glut. A Chinese rival’s projected revenue boom was also interpreted as evidence of strong underlying memory demand. Why Micron Stock Bounced on Monday
• Positive Sentiment: Elon Musk described Micron as more reasonable on future memory pricing than some competitors. JPMorgan reportedly counted 26 long-term agreements and approximately $150 billion in contracted backlog, with deals covering more than one-third of projected sales through 2030. The agreements improve revenue visibility, although pricing limits some near-term upside. Musk Love: Micron Is Reasonable on Memory Prices
• Positive Sentiment: Recent coverage highlights Micron’s AI-oriented DRAM and NAND demand, robust profitability, and valuation that looks low relative to its earnings growth. Its latest reported quarter included sharply higher revenue and earnings that exceeded consensus estimates.
• Neutral Sentiment: Micron will host a technology webinar on October 21. Investors may look for updates on AI memory demand, production plans, and the company’s outlook. Micron to Host Technology Webinar on Oct. 21
• Negative Sentiment: Micron’s Taoyuan union in Taiwan voted overwhelmingly to authorize a strike, and Taiwan’s president urged the company and workers to negotiate. A work stoppage could disrupt production because Taiwan is central to Micron’s DRAM manufacturing, although negotiations may prevent a strike. A Micron Union in Taiwan Voted 99% to Authorize a Strike
• Negative Sentiment: Investors continue to weigh longer-term risks from Chinese memory-chip competition, new factory capacity, and the possibility that elevated AI demand and memory prices will eventually normalize. These concerns contributed to the stock’s recent pullback and could keep volatility high.

Micron Technology Profile

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.