Micron Technology, Inc. $MU Shares Acquired by Wealth Management Partners LLC

Wealth Management Partners LLC raised its position in Micron Technology, Inc. (NASDAQ:MU) by 47.8% during the 3rd quarter, HoldingsChannel reports. The fund owned 14,013 shares of the semiconductor manufacturer’s stock after buying an additional 4,529 shares during the quarter. Micron Technology comprises about 3.4% of Wealth Management Partners LLC’s portfolio, making the stock its 6th largest holding. Wealth Management Partners LLC’s holdings in Micron Technology were worth $14,925,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Andar Capital Management HK Ltd raised 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 valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA bought a new stake in shares of Micron Technology in the second quarter worth $22,182,263,000. Legal & General Group Plc bought a new stake in shares of Micron Technology in the second quarter worth $8,402,393,000. Situational Awareness LP boosted its holdings in Micron Technology by 1,149.0% during the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after purchasing an additional 5,289,124 shares during the last quarter. Finally, Canada Pension Plan Investment Board acquired a new position in Micron Technology during the second quarter worth $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Activity

In other 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 sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the firm’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 sale, the executive vice president owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,545 shares of company stock valued at $78,460,850 in the last quarter. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the subject of a number of analyst reports. Phillip Securities raised their target price on shares of Micron Technology from $530.00 to $1,870.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Raymond James Financial reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. Weiss Ratings upgraded shares of Micron Technology from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, October 12th. The Goldman Sachs Group set a $1,250.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Barclays raised their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. One equities research 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. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron’s fundamental outlook remains strong. Recent results showed adjusted EPS of $33.42 and revenue of $54.23 billion, far above consensus, while management guided to approximately $61.5 billion of revenue for the next quarter. AI-related demand for high-bandwidth memory, DRAM and NAND has helped drive record profitability, with analysts expecting tight supply through at least 2027. Micron’s Earnings Reveal Why the AI Memory Boom May Last Longer
• Positive Sentiment: Wedbush said Micron’s decision to bypass the competing 4F² DRAM architecture and pursue 3D technology could preserve its manufacturing and technology advantage. New products based on the roadmap are expected to support future AI-memory demand. Micron Charts a Different Course on DRAM
• Positive Sentiment: Needham and Rosenblatt reaffirmed buy ratings with price targets of $1,650 and $1,900, respectively. These targets reflect continued confidence in memory pricing, customer commitments and Micron’s earnings growth despite the recent pullback. What’s Going On With Micron Technology Stock Thursday?
• Neutral Sentiment: Micron introduced a quarterly employee bonus tied to company profits. The program could support workforce relations, but it may also increase compensation costs during a period of intense labor and capacity investment. Micron Introduces Quarterly Employee Bonus Tied to Profits
• Negative Sentiment: Investors are questioning whether massive AI spending is sustainable, particularly as rising oil prices, inflation and borrowing costs make data-center financing more expensive. Concerns about negative free cash flow at major technology customers have intensified fears of a broader AI investment slowdown. Why Micron Stock Dropped on Thursday
• Negative Sentiment: Memory and storage shares faced concentrated selling ahead of earnings, raising concerns that Micron’s unusually high margins could eventually normalize as competitors add capacity. China’s CXMT is also advancing server-memory technology, creating a longer-term competitive risk. Memory Selloff Deepens Ahead of Earnings
• Negative Sentiment: A labor dispute at Micron’s Taoyuan, Taiwan facility created fears of production disruption, shipment delays or higher costs, even though the company has also reported progress toward agreements with Taiwan unions. Micron’s Taiwan Strike

Micron Technology Trading Down 6.3%

NASDAQ MU opened at $856.49 on Friday. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The stock has a 50 day moving average of $985.49 and a 200-day moving average of $880.07. The company has a market cap of $969.05 billion, a PE ratio of 11.54, a PEG ratio of 0.16 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last issued its 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 business had revenue of $54.23 billion for 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 revenue for the quarter was up 379.1% on a year-over-year basis. During the same period in the previous year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts anticipate that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be given a $0.15 dividend. 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 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.