Brooklyn FI LLC Purchases 713 Shares of Micron Technology, Inc. $MU

Brooklyn FI LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) during the third quarter, Holdings Channel reports. The firm purchased 713 shares of the semiconductor manufacturer’s stock, valued at approximately $759,000.

Other hedge funds have also recently bought and sold shares of the company. Knights of Columbus Asset Advisors LLC increased its holdings in shares of Micron Technology by 37.7% during the third quarter. Knights of Columbus Asset Advisors LLC now owns 23,877 shares of the semiconductor manufacturer’s stock worth $25,432,000 after buying an additional 6,542 shares in the last quarter. Woodley Farra Manion Portfolio Management Inc. boosted its holdings in shares of Micron Technology by 17.6% in the 3rd quarter. Woodley Farra Manion Portfolio Management Inc. now owns 287 shares of the semiconductor manufacturer’s stock worth $306,000 after acquiring an additional 43 shares in the last quarter. 626 Financial LLC boosted its holdings in shares of Micron Technology by 3.4% in the 3rd quarter. 626 Financial LLC now owns 555 shares of the semiconductor manufacturer’s stock worth $591,000 after acquiring an additional 18 shares in the last quarter. Keybank National Association OH grew its position in Micron Technology by 4.1% during the 3rd quarter. Keybank National Association OH now owns 22,437 shares of the semiconductor manufacturer’s stock worth $23,898,000 after acquiring an additional 887 shares during the last quarter. Finally, Cornerstone Wealth Management LLC grew its position in Micron Technology by 5.5% during the 3rd quarter. Cornerstone Wealth Management LLC now owns 5,475 shares of the semiconductor manufacturer’s stock worth $5,831,000 after acquiring an additional 283 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms have commented on MU. BMO Capital Markets reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Cantor Fitzgerald restated an “overweight” rating and issued a $2,000.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. Raymond James Financial reiterated an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. Finally, Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred 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 transaction, the executive vice president directly 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. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Scott J. Deboer sold 28,545 shares of the firm’s stock in a transaction that occurred 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 directly owned 147,430 shares in the company, valued at approximately $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 in the last quarter. 0.24% of the stock is owned by company insiders.

Micron Technology News Summary

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

• Positive Sentiment: Several analysts see substantial upside, citing continued demand for memory chips from AI infrastructure and a valuation they consider inexpensive. Goldman Sachs characterized the shares as attractively valued, while KeyBanc sees potential for a significant recovery; these are analyst views, not guaranteed outcomes. Micron stock is a screaming buy at current valuation levels: Goldman Sachs KeyBanc analyst sees upside
• Positive Sentiment: Micron’s reported record revenue and earnings beat, strong earnings-growth expectations, and low multiple—about four times projected fiscal 2027 earnings according to one report—support the bullish case. Micron valuation and earnings
• Positive Sentiment: A reported $35 billion share-buyback program is expected to begin December 9, potentially adding a source of shareholder demand. Micron’s buyback can start December 9
• Neutral Sentiment: Bank of America removed Micron from its “US 1” list but reportedly maintained a Buy rating, suggesting reduced conviction rather than a change to its formal recommendation. Micron removed from BofA’s top stock list
• Negative Sentiment: Investors are concerned that political and local opposition to data-center construction, along with questions about the sustainability of AI spending, could weaken future demand. The stock’s recent steep retreat reflects these worries despite strong reported results. Why Micron stock is falling
• Negative Sentiment: Micron remains exposed to the memory industry’s boom-and-bust cycles. Commentary about a possible “cyclical cliff” raises concern that today’s strong pricing and earnings may not last, even with much of next year’s supply reportedly committed. Micron faces cyclical risks

Micron Technology Trading Down 1.1%

Shares of MU opened at $725.11 on Wednesday. The stock’s fifty day simple moving average is $952.93 and its 200-day simple moving average is $758.35. The firm has a market capitalization of $820.40 billion, a PE ratio of 9.81, a price-to-earnings-growth ratio of 0.13 and a beta of 2.36. Micron Technology, Inc. has a 12-month low of $192.59 and a 12-month 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 data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company’s revenue was up 379.1% on a year-over-year basis. During the same period last year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 175.22 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were paid 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 (DPR) is 0.81%.

Micron Technology Company 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.