Micron Technology, Inc. $MU Shares Purchased by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. increased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 73.4% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,724 shares of the semiconductor manufacturer’s stock after buying an additional 1,153 shares during the quarter. Micron Technology comprises 1.3% of Whalen Wealth Management Inc.’s holdings, making the stock its 19th largest position. Whalen Wealth Management Inc.’s holdings in Micron Technology were worth $2,901,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bullseye Investment Management LLC acquired a new stake in Micron Technology during the second quarter worth about $27,000. Steph & Co. purchased a new stake in shares of Micron Technology in the 3rd quarter valued at approximately $31,000. Montgomery Financial Services LLC acquired a new stake in shares of Micron Technology during the 2nd quarter worth approximately $38,000. JNBA Financial Advisors raised its position in shares of Micron Technology by 77.3% during the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after buying an additional 17 shares during the period. Finally, Ramsey Quantitative Systems acquired a new position in Micron Technology in the second quarter valued at approximately $46,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on MU shares. Arete Research lifted their target price on Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, July 21st. UBS Group reissued a “buy” rating and set a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. William Blair set a $1,300.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. JPMorgan Chase & Co. increased their target price on shares of Micron Technology from $550.00 to $1,540.00 and gave the stock an “overweight” rating in a research note on Thursday, June 25th. Finally, Argus dropped their price target on shares of Micron Technology from $1,500.00 to $540.00 and set a “buy” rating for the company in a research report on Thursday, June 25th. 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 MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Stock Down 3.9%

Shares of MU traded down $42.04 during midday trading on Thursday, reaching $1,045.96. The stock had a trading volume of 12,208,026 shares, compared to its average volume of 41,446,934. The company has a market cap of $1.18 trillion, a price-to-earnings ratio of 14.12, a PEG ratio of 0.18 and a beta of 2.22. The company’s fifty day simple moving average is $972.71 and its two-hundred day simple moving average is $836.22. Micron Technology, Inc. has a 1-year low of $179.61 and a 1-year 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 issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion during the quarter, compared to the consensus estimate 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 was up 379.1% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities research analysts expect that Micron Technology, Inc. will post 175.82 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology 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 sale, the chief executive officer 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. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 95,879 shares of company stock valued at $90,939,466. Corporate insiders own 0.24% of the company’s stock.

Key Stories 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 Q4 2026, representing 73% of total revenue. The result highlights Micron’s position as a major beneficiary of 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. This improves demand visibility and supports the view that AI-related memory shortages could persist longer than expected. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: D.A. Davidson raised its Micron price target to a Street-high $3,000 from $2,100 and maintained a Buy rating, citing AI demand that could keep memory supply constrained through 2028. Zacks also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Positive Sentiment: Micron’s data-center SSD business is helping diversify growth: NAND revenue surged, and data-center SSDs now account for more than 70% of NAND sales. Analysts argue this mix may make earnings less cyclical. Micron: NAND Is Not One Market Anymore
• Neutral Sentiment: Micron will pay Netlist $600 million over five years to settle patent litigation and obtain a license. The agreement removes legal uncertainty but creates a material ongoing cost. Micron Technology, Netlist Settle Patent Dispute
• Neutral Sentiment: Micron is scheduled to pay its final 2026 dividend later this month, providing modest shareholder income but likely having limited influence on the stock’s daily trading.
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan, a key manufacturing hub, voted overwhelmingly to authorize a strike over bonuses. No walkout has been announced, but a failed mediation could threaten production and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s forecast for record quarterly profit has prompted mixed trading: it confirms strong memory demand but also raises concerns about increasing competition, lofty sector expectations and eventual supply normalization. Investors are also watching whether Micron’s margins have peaked.

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.