3,700 Micron Technology, Inc. $MU Shares Acquired by Mn Services Vermogensbeheer B.V.

Mn Services Vermogensbeheer B.V. increased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 1.1% during the 3rd quarter, Holdings Channel reports. The firm owned 332,227 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,700 shares during the period. Micron Technology comprises 2.6% of Mn Services Vermogensbeheer B.V.’s investment portfolio, making the stock its 7th biggest position. Mn Services Vermogensbeheer B.V.’s holdings in Micron Technology were worth $353,858,000 as of its most recent SEC filing.

Several other hedge funds also recently bought and sold shares of MU. Diversified Management Inc. raised its holdings in Micron Technology by 0.9% during the third quarter. Diversified Management Inc. now owns 8,958 shares of the semiconductor manufacturer’s stock valued at $9,541,000 after acquiring an additional 77 shares during the period. Green Ridge Wealth Planning LLC bought a new position in shares of Micron Technology in the third quarter worth about $399,000. Acropolis Investment Management LLC grew its position in shares of Micron Technology by 11.8% during the third quarter. Acropolis Investment Management LLC now owns 4,387 shares of the semiconductor manufacturer’s stock worth $4,673,000 after purchasing an additional 463 shares in the last quarter. First Heartland Consultants Inc. grew its position in shares of Micron Technology by 10.4% during the third quarter. First Heartland Consultants Inc. now owns 1,467 shares of the semiconductor manufacturer’s stock worth $1,563,000 after purchasing an additional 138 shares in the last quarter. Finally, GAMMA Investing LLC raised its stake in Micron Technology by 8.8% during the 3rd quarter. GAMMA Investing LLC now owns 36,827 shares of the semiconductor manufacturer’s stock valued at $39,225,000 after purchasing an additional 2,986 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

MU has been the topic of a number of research analyst reports. Morgan Stanley reissued an “overweight” rating and issued a $1,200.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Susquehanna reiterated a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. JPMorgan Chase & Co. boosted their target price on shares of Micron Technology from $550.00 to $1,540.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. CLSA restated an “outperform” rating and set a $1,700.00 target price on shares of Micron Technology in a research report on Friday, October 2nd. Finally, Rosenblatt Securities raised their target price on shares of Micron Technology from $1,500.00 to $1,900.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Stock Down 4.8%

Shares of MU opened at $1,035.84 on Friday. 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 stock has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 0.19 and a beta of 2.22. Micron Technology, Inc. has a 1 year low of $179.61 and a 1 year high of $1,255.00. The business’s 50 day simple moving average is $975.93 and its 200-day simple moving average is $840.54.

Micron Technology (NASDAQ:MU) last posted its 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 analyst estimates of $51.33 billion. During the same period last year, the firm posted $3.03 earnings per share. Micron Technology’s revenue for the quarter 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. As a group, equities analysts expect that Micron Technology, Inc. will post 175.82 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Strong earnings and forward guidance support the growth outlook. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted earnings of $33.42 per share, both ahead of expectations. Management also projected fiscal first-quarter 2027 adjusted EPS of $37.15-$39.15, implying another sequential increase. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: AI-related demand remains a major catalyst. More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. Record DRAM revenue and surging enterprise SSD demand suggest data-center customers are securing memory supply well in advance. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: Analyst support remains strong. Zacks upgraded Micron to “Strong Buy,” while D.A. Davidson raised its price target to $3,000 and maintained a Buy rating, citing a potential multiyear shortage driven by AI infrastructure spending. Micron & 2 Profitable Stocks to Buy in October for Big Upside
• Neutral Sentiment: Valuation and cyclicality remain debated. Bullish analysts view Micron’s roughly six-to-seven-times forward earnings valuation as inexpensive, but skeptics warn that margins may be near a peak and that memory prices could eventually normalize. A $600 million settlement with Netlist also removes a legal overhang but adds a material cost. Micron Technology, Netlist Settle Patent Dispute for $600 Million
• Negative Sentiment: Investors reacted negatively to weaker-than-expected AI revenue concerns. A report that OpenAI’s annualized revenue was below expectations triggered a broader selloff in AI and semiconductor stocks. Analysts said the figure may reflect reporting differences rather than a deterioration in AI demand, but the news heightened concern about crowded AI valuations. Micron, Nvidia and AI chip stocks fall as report on OpenAI’s revenue causes undue concern
• Negative Sentiment: A Taiwan labor dispute adds operational risk. Workers at Micron’s major Taiwan manufacturing sites authorized a strike over bonus changes. No walkout has been announced, but a disruption could threaten production and increase costs. Micron’s Taoyuan union in Taiwan secures authorisation to strike
• Negative Sentiment: Samsung’s record profit did not reassure memory investors. Although Samsung reported sharply higher operating profit, the slower pace of growth and concerns that the memory cycle is nearing a peak reinforced fears that Micron’s exceptional earnings growth may decelerate. The Memory Trade Cools After Samsung’s Preliminary Results Disappoint

Insider Transactions at Micron Technology

In other news, CAO Scott Allen sold 879 shares of the company’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. This represents a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction dated 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 completion of the transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,879 shares of company stock worth $90,939,466 in the last three months. 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 solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.