Elevated Capital Advisors LLC Sells 809 Shares of Micron Technology, Inc. $MU

Elevated Capital Advisors LLC lessened its holdings in Micron Technology, Inc. (NASDAQ:MU) by 91.8% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 72 shares of the semiconductor manufacturer’s stock after selling 809 shares during the period. Elevated Capital Advisors LLC’s holdings in Micron Technology were worth $77,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Bullseye Investment Management LLC purchased a new position in Micron Technology in the second quarter valued at $27,000. Aventus Investment Advisors Inc. purchased a new stake in Micron Technology during the 3rd quarter worth about $30,000. Steph & Co. purchased a new stake in Micron Technology during the 3rd quarter worth about $31,000. Montgomery Financial Services LLC purchased a new stake in Micron Technology during the 2nd quarter worth about $38,000. Finally, JNBA Financial Advisors raised its position in Micron Technology by 77.3% in the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after purchasing an additional 17 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 a few of the latest headlines about MU:

• Positive Sentiment: CoreWeave strengthened the AI-demand outlook. The data-center company beat expectations and raised its 2026 revenue outlook; its CEO said demand for AI infrastructure exceeds available capacity. Because CoreWeave buys Micron’s memory chips, the news eased fears of slowing customer demand. Article: Micron Stock Jumps as CoreWeave Outlook Eases AI Spending Fears
• Positive Sentiment: Low valuation and bullish analyst views support the recovery case. Articles highlight MU trading at roughly 3.8 times earnings, while some analysts see substantial upside; Goldman Sachs reiterated a $1,250 price target. Micron’s recent earnings beat and strong growth outlook add to the bullish argument. Article: Analysts See Micron Stock Doubling
• Negative Sentiment: Cyclical and spending concerns remain. MU’s steep recent sell-off reflects investor worry that AI data-center investment could cool and that memory pricing and profits may eventually turn down. Those risks could limit the rebound if demand expectations weaken. Article: Is the Micron Sell-Off a Buying Opportunity or a Falling Knife?

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Arete Research lifted their price objective on Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. William Blair set a $1,300.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. Rosenblatt Securities restated a “buy” rating and set a $1,900.00 target price on shares of Micron Technology in a research note on Thursday, October 22nd. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a research report on Friday, August 14th. Finally, Mizuho boosted their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Insider Activity

In related news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction on Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This trade represents a 13.14% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 83,545 shares of company stock worth $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

MU stock opened at $811.30 on Thursday. The business has a 50 day moving average price of $950.48 and a 200 day moving average price of $760.41. The stock has a market cap of $917.92 billion, a price-to-earnings ratio of 10.93, a PEG ratio of 0.13 and a beta of 2.36. Micron Technology, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03.

Micron Technology (NASDAQ:MU) last announced its quarterly 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 the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same period in the prior year, the company posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities research analysts anticipate that Micron Technology, Inc. will post 175.22 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Micron Technology Profile

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices. Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.