Pinkerton Wealth LLC Makes New Investment in Micron Technology, Inc. $MU

Pinkerton Wealth LLC purchased a new position in shares of Micron Technology, Inc. (NASDAQ:MU) during the third quarter, HoldingsChannel.com reports. The institutional investor purchased 1,099 shares of the semiconductor manufacturer’s stock, valued at approximately $1,171,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Virtue Capital Management LLC raised its stake in shares of Micron Technology by 2.1% during the 3rd quarter. Virtue Capital Management LLC now owns 8,791 shares of the semiconductor manufacturer’s stock worth $9,363,000 after buying an additional 177 shares during the last quarter. DecisionMap Wealth Management LLC grew its stake in Micron Technology by 8.6% in the 3rd quarter. DecisionMap Wealth Management LLC now owns 795 shares of the semiconductor manufacturer’s stock valued at $847,000 after acquiring an additional 63 shares during the last quarter. Verus Financial Partners Inc. grew its stake in Micron Technology by 5.0% in the 3rd quarter. Verus Financial Partners Inc. now owns 500 shares of the semiconductor manufacturer’s stock valued at $533,000 after acquiring an additional 24 shares during the last quarter. Columbia Bank increased its holdings in Micron Technology by 56.7% during the 3rd quarter. Columbia Bank now owns 2,845 shares of the semiconductor manufacturer’s stock valued at $3,030,000 after acquiring an additional 1,030 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new position in shares of Micron Technology during the 3rd quarter worth approximately $1,437,216,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $884.74 on Monday. The business’s 50-day moving average is $978.68 and its two-hundred day moving average is $744.52. The firm has a market capitalization of $1.00 trillion, a PE ratio of 11.92, a price-to-earnings-growth ratio of 0.15 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 debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94.

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, beating analysts’ consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business’s quarterly revenue was up 379.1% on a year-over-year basis. During the same quarter last year, the firm posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Research analysts predict that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were issued 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 was Wednesday, October 14th. Micron Technology’s payout ratio is 0.81%.

Micron Technology News Roundup

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

• Positive Sentiment: Memory demand remains exceptionally strong. SK Hynix said its available memory capacity is effectively sold out through 2029, supporting expectations for sustained pricing power in DRAM, NAND and high-bandwidth memory (HBM)—markets in which Micron is a major supplier. SK Hynix Just Delivered Fantastic News for Micron
• Positive Sentiment: Several analysts remain bullish, arguing that Micron’s supply is unlikely to catch up with demand before fiscal 2028 and that HBM prices could rise significantly in 2027. Reports also cite customer agreements that have locked in much of next year’s shipments, potentially supporting record earnings and visibility. Micron Stock: Why I’m Buying, Not Panicking
• Positive Sentiment: Attractive projected earnings growth and a low forward valuation are encouraging some investors to view the recent weakness as a buying opportunity. Micron is also receiving attention as an AI beneficiary, while its inclusion among major S&P 500 ETF holdings can support recurring institutional demand. Think You Missed Out on Micron’s Run? Think Again.
• Neutral Sentiment: Micron’s investment case remains highly dependent on continued AI infrastructure spending. Articles present the company as potentially resilient if AI budgets slow, but also warn that memory stocks could be among the more exposed semiconductor businesses if customers reduce or delay data-center investment. If AI Spending Slows in 2027, These Semiconductor Stocks Could Hold Up Best
• Negative Sentiment: The immediate pressure came from a wider technology and semiconductor selloff following disappointing results from Amazon and Intel. Weakness in Alphabet and Samsung also reduced risk appetite and caused investors to reassess elevated expectations for memory stocks. Why are Micron, SK Hynix and SanDisk stocks falling on Friday?
• Negative Sentiment: SanDisk’s strong earnings and raised outlook failed to prevent a sharp decline in memory shares, highlighting profit-taking and valuation concerns. Meanwhile, China’s CXMT reported a 613% revenue increase, signaling a growing competitive threat to established suppliers such as Micron over time. CXMT posts 613% jump in revenue as Micron, SanDisk shares tumble

Insider Activity at Micron Technology

In other Micron Technology news, insider Scott J. Deboer sold 28,545 shares of the stock in a transaction 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 sale, the insider directly owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. This represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology 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 $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 83,545 shares of company stock valued at $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on MU shares. Susquehanna reaffirmed a “positive” rating on shares of Micron Technology in a research note on Thursday, October 1st. Citigroup lifted their target price on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Wednesday, September 23rd. Daiwa Securities Group lifted their price objective on Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Itau BBA Securities upped their target price on Micron Technology from $1,243.78 to $1,697.09 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Finally, President Capital raised their price target on Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Profile

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.