Micron Technology, Inc. $MU Stock Position Lifted by Claro Advisors Inc.

Claro Advisors Inc. increased its position in Micron Technology, Inc. (NASDAQ:MU) by 57.3% in the third quarter, HoldingsChannel reports. The firm owned 2,264 shares of the semiconductor manufacturer’s stock after acquiring an additional 825 shares during the period. Claro Advisors Inc.’s holdings in Micron Technology were worth $2,412,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of MU. Andar Capital Management HK Ltd lifted its position 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 worth $39,571,847,000 after purchasing an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA acquired a new stake in shares of Micron Technology during the second quarter worth approximately $22,182,263,000. Bank of America Corp DE grew its position in Micron Technology by 26.6% during the second quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock valued at $11,744,621,000 after purchasing an additional 2,136,470 shares in the last quarter. Legal & General Group Plc purchased a new position in Micron Technology during the second quarter valued at approximately $8,402,393,000. Finally, Dimensional Fund Advisors LP grew its position in Micron Technology by 1.3% during the first quarter. Dimensional Fund Advisors LP now owns 6,967,065 shares of the semiconductor manufacturer’s stock valued at $2,352,282,000 after purchasing an additional 86,488 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

MU has been the topic of several research reports. Seaport Research Partners reiterated a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Morgan Stanley restated an “overweight” rating and set a $1,200.00 price target on shares of Micron Technology in a report on Thursday, October 1st. DA Davidson upped their price target on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. Finally, UBS Group reaffirmed a “buy” rating and set a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. 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. According to data from MarketBeat, Micron Technology has an average rating of “Moderate Buy” and an average price target of $1,407.88.

More Micron Technology News

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

• Positive Sentiment: Several articles point to robust AI-driven demand, tight memory supply, and strong pricing as supports for Micron’s business. Some commentators view the sell-off as a potential buying opportunity, though that is an opinion rather than a change in company guidance. Article: Micron: Is the Recent Selloff a Buying Opportunity?
• Neutral Sentiment: Director Linnie M. Haynesworth plans to retire from Micron’s board at the annual shareholders meeting expected on January 14, 2027. The announcement did not include other board changes. Article: Micron Announces Board of Directors Retirement
• Negative Sentiment: Investors are concerned that proposals for tighter AI data-center rules—including zoning, energy and water requirements, and environmental reviews—could delay projects and soften future demand for memory chips. These are policy risks, not announced changes to Micron’s current customer demand. Article: Could Micron Technology Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: Reports say Micron has paused plans for a $4.5 billion Taiwan memory facility amid a labor dispute. The delay raises execution concerns for a project intended to produce DRAM and high-bandwidth memory used in AI data centers. Article: Micron Stock Falls After Report of $4.5 Billion Taiwan Pause
• Negative Sentiment: The sell-off is also part of a wider retreat in chip and technology stocks, with investors reducing exposure to AI-linked shares. Reports of Chinese rival CXMT pre-selling $1 billion in DRAM add to concerns about competition and future market share. Article: Why Micron Stock Keeps Going Down

Micron Technology Trading Down 17.5%

NASDAQ:MU opened at $655.78 on Friday. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. The firm has a market cap of $741.97 billion, a price-to-earnings ratio of 8.84, a P/E/G ratio of 0.14 and a beta of 2.36. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The company’s 50 day moving average is $966.51 and its 200-day moving average is $753.37.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $31.77 by $1.65. The business 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%. Micron Technology’s quarterly revenue was up 379.1% compared to the same quarter last year. 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. Equities analysts anticipate that Micron Technology, Inc. will post 175.19 EPS for the current year.

Micron Technology Announces Dividend

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

Insiders Place Their Bets

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction dated 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 sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of Micron Technology stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the transaction, the insider owned 147,430 shares in the company, valued at $132,687,000. The trade was a 16.22% 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. Insiders own 0.24% of the company’s stock.

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.