Founders Financial Securities LLC boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 276.5% in the 3rd quarter, Holdings Channel reports. The fund owned 2,564 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,883 shares during the quarter. Founders Financial Securities LLC’s holdings in Micron Technology were worth $2,731,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Everett Harris & Co. CA increased its stake in Micron Technology by 34.8% during the third quarter. Everett Harris & Co. CA now owns 445 shares of the semiconductor manufacturer’s stock worth $474,000 after acquiring an additional 115 shares during the last quarter. ERn Financial LLC raised its position in Micron Technology by 11.6% in the 3rd quarter. ERn Financial LLC now owns 1,032 shares of the semiconductor manufacturer’s stock valued at $1,099,000 after purchasing an additional 107 shares in the last quarter. Financial Solutions Advisory Group Inc. boosted its stake in shares of Micron Technology by 22.1% in the 3rd quarter. Financial Solutions Advisory Group Inc. now owns 265 shares of the semiconductor manufacturer’s stock valued at $282,000 after buying an additional 48 shares during the period. United Asset Strategies Inc. boosted its stake in shares of Micron Technology by 1.5% in the 3rd quarter. United Asset Strategies Inc. now owns 1,972 shares of the semiconductor manufacturer’s stock valued at $2,101,000 after buying an additional 30 shares during the period. Finally, Choreo LLC grew its position in shares of Micron Technology by 4.2% during the third quarter. Choreo LLC now owns 33,176 shares of the semiconductor manufacturer’s stock worth $35,336,000 after buying an additional 1,350 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.
Insider Activity
In related news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Scott J. Deboer sold 28,545 shares of the stock in a transaction 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 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 disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is currently owned by company insiders.
Key Headlines Impacting Micron Technology
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Memory demand remains exceptionally strong. SK Hynix said its available memory capacity is effectively sold out through 2029, supporting expectations for sustained pricing power in DRAM, NAND and high-bandwidth memory (HBM)—markets in which Micron is a major supplier. SK Hynix Just Delivered Fantastic News for Micron
- Positive Sentiment: Several analysts remain bullish, arguing that Micron’s supply is unlikely to catch up with demand before fiscal 2028 and that HBM prices could rise significantly in 2027. Reports also cite customer agreements that have locked in much of next year’s shipments, potentially supporting record earnings and visibility. Micron Stock: Why I’m Buying, Not Panicking
- Positive Sentiment: Attractive projected earnings growth and a low forward valuation are encouraging some investors to view the recent weakness as a buying opportunity. Micron is also receiving attention as an AI beneficiary, while its inclusion among major S&P 500 ETF holdings can support recurring institutional demand. Think You Missed Out on Micron’s Run? Think Again.
- Neutral Sentiment: Micron’s investment case remains highly dependent on continued AI infrastructure spending. Articles present the company as potentially resilient if AI budgets slow, but also warn that memory stocks could be among the more exposed semiconductor businesses if customers reduce or delay data-center investment. If AI Spending Slows in 2027, These Semiconductor Stocks Could Hold Up Best
- Negative Sentiment: The immediate pressure came from a wider technology and semiconductor selloff following disappointing results from Amazon and Intel. Weakness in Alphabet and Samsung also reduced risk appetite and caused investors to reassess elevated expectations for memory stocks. Why are Micron, SK Hynix and SanDisk stocks falling on Friday?
- Negative Sentiment: SanDisk’s strong earnings and raised outlook failed to prevent a sharp decline in memory shares, highlighting profit-taking and valuation concerns. Meanwhile, China’s CXMT reported a 613% revenue increase, signaling a growing competitive threat to established suppliers such as Micron over time. CXMT posts 613% jump in revenue as Micron, SanDisk shares tumble
Micron Technology Stock Performance
NASDAQ MU opened at $884.74 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00. The company has a market capitalization of $1.00 trillion, a PE ratio of 11.92, a P/E/G ratio of 0.16 and a beta of 2.22. The company has a fifty day moving average of $978.68 and a two-hundred day moving average of $744.52.
Micron Technology (NASDAQ:MU – Get Free Report) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business’s revenue was up 379.1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current year.
Micron Technology Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology’s dividend payout ratio is presently 0.81%.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on MU. Cantor Fitzgerald restated an “overweight” rating and set a $2,000.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. Morgan Stanley restated an “overweight” rating and issued a $1,200.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 price objective on shares of Micron Technology in a research report on Thursday, October 22nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, DA Davidson increased their target price on Micron Technology from $2,100.00 to $3,000.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. 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 company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.
Check Out Our Latest Analysis on Micron Technology
Micron Technology Company 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.
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