Micron Technology, Inc. $MU Shares Bought by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 13.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,851 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,419 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Micron Technology were worth $12,622,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MU. Denali Advisors LLC acquired a new stake in Micron Technology during the second quarter worth about $7,364,000. Castleark Management LLC bought a new position in shares of Micron Technology during the first quarter valued at approximately $3,709,000. Legacy Wealth Management LLC MS grew its holdings in shares of Micron Technology by 73.3% during the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after purchasing an additional 1,499 shares during the last quarter. Oppenheimer & Co. Inc. raised its position in shares of Micron Technology by 16.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock worth $56,006,000 after purchasing an additional 6,702 shares during the period. Finally, Franklin Street Advisors Inc. NC lifted its holdings in shares of Micron Technology by 2,461.4% in the 2nd quarter. Franklin Street Advisors Inc. NC now owns 37,141 shares of the semiconductor manufacturer’s stock worth $42,871,000 after purchasing an additional 35,691 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insiders Place Their Bets

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The shares were 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 in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing 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 on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction 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. The SEC filing for this sale provides additional information. Insiders have sold a total of 95,879 shares of company stock valued at $90,939,466 in the last three months. Insiders own 0.24% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron’s DRAM revenue reached a record $39.8 billion in fiscal fourth-quarter 2026, representing 73% of total revenue. Analysts view DRAM and high-bandwidth memory as major beneficiaries of continued AI infrastructure spending. Micron’s DRAM Sales Reach $40B: Can AI Demand Drive Growth?
• Positive Sentiment: More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. That improves demand visibility and supports the argument that the current memory cycle could last longer than traditional cycles. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: DA Davidson raised its price target from $2,100 to a Street-high $3,000 and maintained a Buy rating, citing AI-driven demand that could keep memory supply constrained through 2028. Zacks Research also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Neutral Sentiment: Micron will pay $600 million to settle its patent dispute with Netlist, securing a five-year license. The agreement removes litigation uncertainty but creates a substantial one-time cash cost. Micron Technology and Netlist Settle Patent Dispute
• Negative Sentiment: A union representing workers at Micron’s Taoyuan facility in Taiwan—one of the company’s largest production hubs—authorized a strike over bonus negotiations. No walkout has been announced, but a disruption could threaten output and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s preliminary results disappointed investors despite strong profit growth, cooling the broader memory trade. The news has renewed concerns about peak margins, future supply increases and the historically cyclical nature of memory chips. The Memory Trade Cools After Samsung’s Preliminary Results Disappoint

Analyst Ratings Changes

A number of research analysts recently commented on MU shares. Wells Fargo & Company lowered their price objective on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a research note on Wednesday, September 23rd. Arete Research lifted their price objective on shares of Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. Citigroup upped 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 report on Wednesday, September 23rd. Zacks Research upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Finally, KeyCorp reiterated an “overweight” 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 given a Buy rating and four have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology Stock Down 4.4%

NASDAQ MU traded down $47.71 during trading on Thursday, reaching $1,040.29. 16,566,180 shares of the company’s stock were exchanged, compared to its average volume of 41,466,563. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a fifty-two week low of $179.61 and a fifty-two week high of $1,255.00. The company’s fifty day simple moving average is $972.71 and its 200-day simple moving average is $836.22. The firm has a market capitalization of $1.17 trillion, a PE ratio of 14.02, a P/E/G ratio of 0.18 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 company’s revenue for the quarter was up 379.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced 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. The ex-dividend date is Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s payout ratio is 0.81%.

Micron Technology Profile

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.