939 Shares of Micron Technology, Inc. $MU Purchased by LifeWealth Investments LLC

LifeWealth Investments LLC acquired a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 939 shares of the semiconductor manufacturer’s stock, valued at approximately $1,000,000.

A number of other hedge funds also recently bought and sold shares of the business. Sowell Financial Services LLC boosted its stake in Micron Technology by 9.6% during the third quarter. Sowell Financial Services LLC now owns 15,983 shares of the semiconductor manufacturer’s stock worth $17,024,000 after buying an additional 1,396 shares during the last quarter. Atticus Wealth Management LLC purchased a new stake in Micron Technology in the 3rd quarter valued at $353,000. Axecap Investments LLC purchased a new stake in Micron Technology in the 3rd quarter valued at $2,586,000. Quadrant Capital Group LLC grew its holdings in Micron Technology by 1.3% in the 3rd quarter. Quadrant Capital Group LLC now owns 28,252 shares of the semiconductor manufacturer’s stock valued at $30,091,000 after buying an additional 360 shares in the last quarter. Finally, Bell Bank increased its stake in shares of Micron Technology by 2.5% in the 3rd quarter. Bell Bank now owns 3,721 shares of the semiconductor manufacturer’s stock worth $3,963,000 after acquiring an additional 91 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction dated 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 transaction, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the transaction, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 123,545 shares of company stock valued at $115,750,966. 0.24% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Wedbush reiterated an “outperform” rating and set a $1,400.00 price target on shares of Micron Technology in a report on Monday, September 28th. Morgan Stanley reissued an “overweight” rating and set a $1,200.00 price target on shares of Micron Technology in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. Susquehanna reissued a “positive” rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Erste Group Bank upgraded shares of Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology has a consensus 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: At its technology presentation, Micron highlighted progress in DRAM, high-bandwidth memory (HBM), NAND and next-generation 3D DRAM. New products planned for 2027 and growing AI-related demand reinforce the company’s position as a key supplier to data-center and high-performance-computing customers. Micron AI-era technology presentation
• Positive Sentiment: ASML said semiconductor and memory demand could exceed supply through at least 2028. That outlook supports the bullish case for continued pricing power, elevated margins and strong demand for Micron’s memory products. ASML demand outlook
• Positive Sentiment: Recent results remain a major catalyst: Micron reported $33.42 in quarterly EPS versus a $31.77 estimate, while revenue rose 379.1% year over year. Management’s next-quarter guidance and analysts’ expectations for continued supply tightness are supporting confidence in further earnings growth.
• Positive Sentiment: Micron reached a labor-management agreement with one Taiwan union, reducing some immediate disruption risk. The company also invested in U.S. indium and critical-materials processing to strengthen supplies for advanced memory manufacturing. Micron Taiwan union agreement
• Neutral Sentiment: Institutional buying and approximately $326.9 million in reported ETF inflows point to continued investor demand, although Micron’s more than 200% year-to-date rally has increased profit-taking risk. Micron ETF buying
• Negative Sentiment: A separate Taiwan union has threatened a strike over bonuses, creating a risk of higher labor costs or production delays. In addition, an insider sold 28,545 shares for about $25.7 million, while investors remain concerned that new capacity, Chinese competitor CXMT and stretched AI valuations could eventually pressure pricing and margins. Micron insider sale

Micron Technology Trading Up 2.0%

MU opened at $913.67 on Thursday. Micron Technology, Inc. has a one year low of $192.40 and a one year high of $1,255.00. The stock has a market capitalization of $1.03 trillion, a PE ratio of 12.31, a P/E/G ratio of 0.16 and a beta of 2.22. The business’s 50 day moving average price is $987.36 and its 200 day moving average price is $876.61. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping the consensus estimate of $31.77 by $1.65. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm’s revenue for the quarter was up 379.1% compared to the same quarter last year. During the same period in the prior year, the business posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. 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.