4,200 Micron Technology, Inc. $MU Shares Sold by Q Fund Management Hong Kong Ltd

Q Fund Management Hong Kong Ltd lowered its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 39.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 6,400 shares of the semiconductor manufacturer’s stock after selling 4,200 shares during the period. Micron Technology comprises about 6.1% of Q Fund Management Hong Kong Ltd’s holdings, making the stock its 9th largest position. Q Fund Management Hong Kong Ltd’s holdings in Micron Technology were worth $6,817,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Andar Capital Management HK Ltd boosted its stake in shares of Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock worth $39,571,847,000 after buying an additional 34,278,413 shares during the period. Primecap Management Co. CA acquired a new position in Micron Technology during the second quarter worth $22,182,263,000. Legal & General Group Plc purchased a new stake in shares of Micron Technology during the 2nd quarter worth $8,402,393,000. Situational Awareness LP grew its stake in shares of Micron Technology by 1,149.0% during the 2nd quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after purchasing an additional 5,289,124 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new position in Micron Technology during the second quarter worth about $3,761,237,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Earnings estimates and analyst support improved. Erste Group raised its FY2027 EPS forecast to $173.31 from $156.41 and maintained a Buy rating, while Rosenblatt reaffirmed its Buy rating with a $1,900 price target. Analysts remain bullish on Micron’s HBM4 ramp, higher 2027 contract pricing and potential margin expansion. Micron analyst estimates
• Positive Sentiment: Long-term customer agreements are reducing cycle risk. Micron has increased its strategic customer agreements to 26, up from 16 three months earlier. The contracts establish longer-term pricing frameworks, cover a significant portion of fiscal 2027 output and improve visibility into demand despite the memory market’s traditional cyclicality. Micron customer contracts article
• Positive Sentiment: Customer concentration risk has declined. Micron’s fiscal 2026 annual report showed that no individual customer represented at least 10% of revenue, compared with one customer accounting for 17% the prior year. Elon Musk also praised Micron’s relatively reasonable approach to future memory pricing, potentially supporting long-term customer relationships. Elon Musk Micron pricing article
• Positive Sentiment: Capital returns provide valuation support. Micron authorized approximately $35 billion in share repurchases, signaling management’s confidence in cash generation and potentially creating demand for the shares.
• Neutral Sentiment: Micron’s fiscal fourth-quarter revenue reached $54.23 billion, up 379% year over year, while adjusted EPS exceeded expectations. However, the stock’s low forward earnings multiple also reflects investor concern that these results may represent peak-cycle profitability.
• Negative Sentiment: China competition is the primary source of selling pressure. ChangXin Memory Technologies (CXMT) reported progress on a denser “4F square” DRAM design and plans to target server memory. Investors fear that successful commercialization could eventually pressure Micron’s pricing power and margins, although production scale, yields and customer validation remain unproven. Chinese competition and Micron article
• Negative Sentiment: Additional risks include a possible labor strike at Micron’s Taoyuan, Taiwan facility, the $600 million Netlist patent settlement payable over five years, and profit-taking after the stock’s substantial year-to-date advance.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $953.19 on Wednesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The firm’s 50-day simple moving average is $984.44 and its 200-day simple moving average is $853.14. Micron Technology, Inc. has a 1 year low of $186.25 and a 1 year high of $1,255.00. The firm has a market cap of $1.08 trillion, a PE ratio of 12.84, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. During the same quarter last year, the firm earned $3.03 EPS. The business’s revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts forecast that Micron Technology, Inc. will post 175.82 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Analyst Ratings Changes

MU has been the subject of several research reports. UBS Group reaffirmed a “buy” rating and set a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a research note on Wednesday, September 23rd. William Blair set a $1,300.00 price objective on Micron Technology in a research report on Thursday, October 1st. Stifel Nicolaus increased their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Phillip Securities lifted their price objective on Micron Technology from $530.00 to $1,870.00 and gave the company a “buy” rating in a research note on Monday, June 29th. Finally, Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, Micron Technology presently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Activity at Micron Technology

In related news, 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 value of $38,756,000.00. Following the completion of the transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the stock in a transaction that occurred on 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 completion of the transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. This trade represents a 2.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 95,879 shares of company stock worth $90,939,466 in the last ninety days. 0.24% of the stock is owned by insiders.

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.