2,090 Shares of Micron Technology, Inc. $MU Acquired by Paladin Partners LLC

Paladin Partners LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 2,090 shares of the semiconductor manufacturer’s stock, valued at approximately $2,226,000. Micron Technology comprises 1.5% of Paladin Partners LLC’s holdings, making the stock its 17th largest position.

Other large investors have also recently bought and sold shares of the company. Iowa State Bank increased its stake in shares of Micron Technology by 2.8% during the third quarter. Iowa State Bank now owns 6,047 shares of the semiconductor manufacturer’s stock worth $6,441,000 after purchasing an additional 164 shares during the period. Ables Iannone Moore & Associates Inc. boosted its stake in Micron Technology by 5.3% in the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock valued at $252,000 after purchasing an additional 12 shares during the period. Byrne Asset Management LLC grew its holdings in Micron Technology by 25.1% in the 3rd quarter. Byrne Asset Management LLC now owns 2,341 shares of the semiconductor manufacturer’s stock valued at $2,569,000 after buying an additional 469 shares in the last quarter. Legacy Private Trust Co. increased its position in Micron Technology by 295.4% during the 3rd quarter. Legacy Private Trust Co. now owns 1,878 shares of the semiconductor manufacturer’s stock worth $2,000,000 after buying an additional 1,403 shares during the period. Finally, Central Pacific Bank Trust Division increased its position in Micron Technology by 4.0% during the 3rd quarter. Central Pacific Bank Trust Division now owns 4,973 shares of the semiconductor manufacturer’s stock worth $5,297,000 after buying an additional 191 shares during the period. 80.84% of the stock is owned by institutional investors.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron’s fiscal fourth-quarter results substantially exceeded expectations, with revenue of $54.23 billion, EPS of $33.42 and gross margins near 87%. Management also provided strong first-quarter fiscal 2027 guidance, reinforcing the AI-related demand outlook. What’s Going on With Micron Stock?
• Positive Sentiment: Several analysts remain bullish because data-center AI demand, strategic customer agreements and constrained memory supply could support pricing and revenue growth through fiscal 2027–2028. Susquehanna reportedly sees substantial upside, while other analysts characterize MU as inexpensive relative to its growth prospects. Micron Stock Could Nearly Double From Here
• Positive Sentiment: Micron could begin returning more of its unusually large cash generation to shareholders through stock repurchases after CHIPS Act restrictions expire on December 9, creating a potential future catalyst. Why Investors Should Be Watching This Date for Micron
• Neutral Sentiment: Micron and Netlist entered patent-license and settlement agreements reportedly valued at $600 million. The deal may reduce legal uncertainty, although investors may focus on the size and timing of any cash payment. Netlist and Micron Enter Patent License and Settlement Agreements
• Negative Sentiment: Bearish commentary highlights a sharp sequential slowdown in DRAM average selling-price growth—from 62% to 19%—along with expectations for lower gross margins, more moderate price increases and higher fiscal 2027 capital spending. These concerns raise the risk that peak-cycle earnings are already being priced in. Micron: Wishful Thinking at Its Finest
• Negative Sentiment: Investors remain concerned that additional memory-chip production could eventually weaken pricing, while Micron is also accusing a Chinese rival of misappropriating engineers and technology—an issue that could create legal and competitive risks. Micron Says a Chinese Rival Poached Its Engineers

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the firm’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 95,879 shares of company stock worth $90,939,466 over the last three months. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

MU traded down $1.72 on Tuesday, hitting $1,062.24. 11,224,558 shares of the stock were exchanged, compared to its average volume of 41,602,344. The firm has a market capitalization of $1.20 trillion, a price-to-earnings ratio of 14.31, a PEG ratio of 0.20 and a beta of 2.22. 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, Inc. has a 12 month low of $179.61 and a 12 month high of $1,255.00. The business has a 50-day moving average of $961.23 and a two-hundred day moving average of $827.58.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating the consensus estimate of $31.77 by $1.65. The firm 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% compared to the same quarter last year. During the same period last year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Sell-side analysts forecast that Micron Technology, Inc. will post 165.51 EPS for the current fiscal year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Investors 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 yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is 0.81%.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on MU. JPMorgan Chase & Co. boosted their target price on shares of Micron Technology from $550.00 to $1,540.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. BNP Paribas Exane raised their price target on shares of Micron Technology from $615.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. Rosenblatt Securities lifted their price objective on shares of Micron Technology from $1,500.00 to $1,900.00 and gave the stock a “buy” rating in a research note on Thursday, October 1st. Barclays boosted their price objective on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, The Goldman Sachs Group set a $1,250.00 target price on shares of Micron Technology in a report on Thursday, October 1st. Forty-one investment analysts have rated the stock with a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, Micron Technology currently has a consensus rating of “Moderate Buy” and an average target price of $1,385.93.

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.