1,681 Shares in Micron Technology, Inc. $MU Bought by Davidson Capital Management Inc.

Davidson Capital Management Inc. acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, HoldingsChannel reports. The fund acquired 1,681 shares of the semiconductor manufacturer’s stock, valued at approximately $1,790,000.

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

Micron Technology Price Performance

MU stock opened at $931.24 on Friday. The stock has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 12.55, a price-to-earnings-growth ratio of 0.16 and a beta of 2.22. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 52-week low of $192.40 and a 52-week high of $1,255.00. The stock’s fifty day simple moving average is $985.86 and its 200-day simple moving average is $861.12.

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 during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same period in the prior 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 177.03 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders 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 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is 0.81%.

Analyst Ratings Changes

A number of analysts recently commented on MU shares. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Seaport Research Partners reissued a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Cantor Fitzgerald reissued an “overweight” rating and issued a $2,000.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. JPMorgan Chase & Co. upped their target price on shares of Micron Technology from $550.00 to $1,540.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Finally, Arete Research raised their price target on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. 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. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s fundamental outlook remains strong. Fiscal 2026 revenue reportedly rose 256% to $133.2 billion, while tight DRAM and HBM supply is supporting significant margin expansion. The company is also accelerating construction of new fabs in Idaho and New York to increase capacity. Prediction: This Is What $2,000 Invested in Micron Stock Today Could Be Worth by 2029
• Positive Sentiment: Micron has signed 26 strategic customer agreements with pricing frameworks, helping reduce the traditional memory cycle risk. Its diversified customer base also means no single customer represented at least 10% of fiscal 2026 revenue. Micron’s Customer Contracts Just Took the Memory Cycle Off the Table
• Positive Sentiment: Analysts and commentators continue to identify MU as a buy-the-dip opportunity, citing AI-driven revenue growth, expanding margins and a lower valuation than some peers. Erste Group also raised its FY2027 earnings estimate, while Rosenblatt reaffirmed a Buy rating.
• Positive Sentiment: Elon Musk praised Micron’s approach to future memory pricing, and strong demand for AI infrastructure is expected to support high-value HBM shipments. ASML’s reported order backlog through 2030 also reinforces the long-term equipment and HBM demand outlook. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Micron’s market capitalization is trailing several large companies, including Eli Lilly and Berkshire Hathaway, highlighting both the stock’s substantial rally and the possibility that investors are reassessing its valuation after recent volatility.
• Negative Sentiment: The principal overhang is China’s ChangXin Memory Technologies (CXMT), which is advancing in DDR5, LPDDR5X and server-memory products. Investors fear that Chinese competition could pressure prices and margins, although analysts note CXMT currently appears more competitive in lower-end memory than in Micron’s premium HBM products.
• Negative Sentiment: A broader AI and semiconductor sell-off, concerns about a possible memory oversupply by 2029, higher inflation and potential interest-rate increases have contributed to recent selling. Cathie Wood’s warning that memory-chip cycles remain “vicious” underscores the risk that today’s exceptional profits may not persist.

Insider Activity

In related news, CAO Scott R. Allen sold 879 shares of the company’s 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 approximately $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction on 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 owned 264,503 shares in the company, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 95,879 shares of company stock valued at $90,939,466 in the last 90 days. 0.24% of the stock is currently 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.