Micron Technology, Inc. $MU Position Raised by ProShare Advisors LLC

ProShare Advisors LLC increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 6.6% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 1,414,904 shares of the semiconductor manufacturer’s stock after buying an additional 87,480 shares during the period. Micron Technology makes up 2.2% of ProShare Advisors LLC’s holdings, making the stock its 5th biggest holding. ProShare Advisors LLC’s holdings in Micron Technology were worth $1,507,028,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Vise Technologies Inc. grew its holdings in shares of Micron Technology by 17.7% during the 3rd quarter. Vise Technologies Inc. now owns 67,468 shares of the semiconductor manufacturer’s stock valued at $71,861,000 after purchasing an additional 10,170 shares during the last quarter. Investment Partners LTD. lifted its holdings in Micron Technology by 97.7% in the 3rd quarter. Investment Partners LTD. now owns 8,793 shares of the semiconductor manufacturer’s stock worth $9,366,000 after buying an additional 4,346 shares during the period. Blue Fin Capital Inc. raised its position in shares of Micron Technology by 24.1% in the 3rd quarter. Blue Fin Capital Inc. now owns 2,022 shares of the semiconductor manufacturer’s stock worth $2,153,000 after purchasing an additional 393 shares during the last quarter. Summit Global Investments raised its stake in Micron Technology by 64.5% during the 3rd quarter. Summit Global Investments now owns 11,820 shares of the semiconductor manufacturer’s stock worth $12,590,000 after acquiring an additional 4,634 shares during the period. Finally, Gilliland Jeter Wealth Management LLC grew its position in Micron Technology by 0.5% in the third quarter. Gilliland Jeter Wealth Management LLC now owns 2,853 shares of the semiconductor manufacturer’s stock worth $3,039,000 after acquiring an additional 15 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Trending Headlines about 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

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on MU shares. Mizuho raised their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, October 1st. TD Cowen reissued a “buy” rating and set a $1,600.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. Susquehanna restated a “positive” rating on shares of Micron Technology in a research note on Thursday, October 1st. The Goldman Sachs Group set a $1,250.00 target price on Micron Technology in a report on Thursday, October 1st. Finally, William Blair set a $1,300.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. One equities research 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. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Trading Down 5.3%

Shares of MU stock opened at $884.74 on Friday. The stock has a market cap of $1.00 trillion, a P/E ratio of 11.92, a price-to-earnings-growth 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. The stock has a 50 day simple moving average of $978.68 and a 200 day simple moving average of $744.52. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (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 firm had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same period in the prior year, the company posted $3.03 earnings per share. The business’s revenue for the quarter was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, research analysts predict that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 0.81%.

Insider Buying and Selling

In other news, insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the transaction, the insider owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 83,545 shares of company stock worth $78,460,850 in the last 90 days. Insiders own 0.24% of the company’s stock.

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.