Micron Technology, Inc. $MU Stake Boosted by PBU The Pension Fund of Early Childhood & Youth Educators

PBU The Pension Fund of Early Childhood & Youth Educators grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 8.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 92,132 shares of the semiconductor manufacturer’s stock after buying an additional 7,405 shares during the quarter. Micron Technology comprises 2.3% of PBU The Pension Fund of Early Childhood & Youth Educators’ portfolio, making the stock its 8th largest holding. PBU The Pension Fund of Early Childhood & Youth Educators’ holdings in Micron Technology were worth $98,131,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Bullseye Investment Management LLC purchased a new position in Micron Technology in the second quarter worth approximately $27,000. Aventus Investment Advisors Inc. acquired a new position in Micron Technology during the 3rd quarter worth approximately $30,000. Steph & Co. acquired a new position in Micron Technology during the 3rd quarter worth approximately $31,000. Montgomery Financial Services LLC purchased a new stake in shares of Micron Technology in the 2nd quarter valued at approximately $38,000. Finally, Bfsg LLC increased its position in shares of Micron Technology by 1,950.0% in the 3rd quarter. Bfsg LLC now owns 41 shares of the semiconductor manufacturer’s stock valued at $44,000 after purchasing an additional 39 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on the stock. Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Deutsche Bank reissued a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. Wells Fargo & Company cut their price target on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 23rd. Wedbush reaffirmed an “outperform” rating and set a $1,400.00 price target on shares of Micron Technology in a report on Monday, September 28th. Finally, Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. One 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 company. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the company’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 completion of the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This represents a 13.14% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the firm’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 83,545 shares of company stock worth $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Latest Micron Technology News

Investors following MU have been watching these news items:

• Positive Sentiment: Tight supply supports memory pricing. Reports say Micron has largely sold its high-bandwidth memory production for next year, reinforcing expectations that AI-driven demand and limited supply can sustain its business. Micron high-bandwidth memory article
• Neutral Sentiment: Micron plans a $1 billion investment in Anthropic’s private placement. The move ties Micron more closely to the AI ecosystem, but the investment’s eventual returns and strategic benefits are uncertain. Micron Anthropic investment article
• Negative Sentiment: Nvidia-related uncertainty is pressuring semiconductor shares. Reports of a leadership shakeup involving CEO Jensen Huang unsettled investors because Micron’s memory-chip demand is tied partly to AI-chip and data-center growth. The concern contributed to a retreat after Wednesday’s rally. Why Micron stock pulled back

Micron Technology Trading Down 1.6%

NASDAQ MU opened at $798.44 on Friday. The firm’s fifty day moving average price is $947.33 and its 200 day moving average price is $762.45. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The company has a market capitalization of $903.37 billion, a price-to-earnings ratio of 10.76, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $51.33 billion. During the same period in the previous year, the company earned $3.03 earnings per share. Micron Technology’s quarterly revenue was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, sell-side analysts expect that Micron Technology, Inc. will post 174.19 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently announced 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. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is 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.