977 Shares of Micron Technology, Inc. $MU Bought by Schuylkill Financial LLC

Schuylkill Financial LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU) in the third quarter, Holdings Channel reports. The firm purchased 977 shares of the semiconductor manufacturer’s stock, valued at approximately $1,041,000. Micron Technology comprises about 1.0% of Schuylkill Financial LLC’s holdings, making the stock its 22nd largest position.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Ellis Investment Partners LLC increased its stake in shares of Micron Technology by 45.0% in the third quarter. Ellis Investment Partners LLC now owns 5,553 shares of the semiconductor manufacturer’s stock valued at $5,915,000 after purchasing an additional 1,724 shares during the period. Sawyer & Company Inc bought a new position in Micron Technology during the third quarter valued at about $15,580,000. LifeWealth Investments LLC bought a new position in shares of Micron Technology during the 3rd quarter valued at about $1,000,000. Sowell Financial Services LLC grew its position in Micron Technology by 9.6% in the third quarter. Sowell Financial Services LLC now owns 15,983 shares of the semiconductor manufacturer’s stock worth $17,024,000 after buying an additional 1,396 shares during the last quarter. Finally, Atticus Wealth Management LLC acquired a new stake in shares of Micron Technology during the third quarter worth $353,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently commented on MU. Citigroup upped their price target on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. Weiss Ratings upgraded Micron Technology from a “buy (b)” rating to a “buy (b+)” rating in a report on Monday, October 12th. Wells Fargo & Company reduced their price target on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a research report on Wednesday, September 23rd. New Street Research raised shares of Micron Technology from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $470.00 to $1,250.00 in a report on Friday, August 14th. Finally, Barclays raised their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: At its technology presentation, Micron highlighted progress in DRAM, high-bandwidth memory (HBM), NAND and next-generation 3D DRAM. New products planned for 2027 and growing AI-related demand reinforce the company’s position as a key supplier to data-center and high-performance-computing customers. Micron AI-era technology presentation
• Positive Sentiment: ASML said semiconductor and memory demand could exceed supply through at least 2028. That outlook supports the bullish case for continued pricing power, elevated margins and strong demand for Micron’s memory products. ASML demand outlook
• Positive Sentiment: Recent results remain a major catalyst: Micron reported $33.42 in quarterly EPS versus a $31.77 estimate, while revenue rose 379.1% year over year. Management’s next-quarter guidance and analysts’ expectations for continued supply tightness are supporting confidence in further earnings growth.
• Positive Sentiment: Micron reached a labor-management agreement with one Taiwan union, reducing some immediate disruption risk. The company also invested in U.S. indium and critical-materials processing to strengthen supplies for advanced memory manufacturing. Micron Taiwan union agreement
• Neutral Sentiment: Institutional buying and approximately $326.9 million in reported ETF inflows point to continued investor demand, although Micron’s more than 200% year-to-date rally has increased profit-taking risk. Micron ETF buying
• Negative Sentiment: A separate Taiwan union has threatened a strike over bonuses, creating a risk of higher labor costs or production delays. In addition, an insider sold 28,545 shares for about $25.7 million, while investors remain concerned that new capacity, Chinese competitor CXMT and stretched AI valuations could eventually pressure pricing and margins. Micron insider sale

Micron Technology Stock Up 2.0%

Shares of MU opened at $913.67 on Thursday. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The stock has a market cap of $1.03 trillion, a price-to-earnings ratio of 12.31, a P/E/G ratio of 0.16 and a beta of 2.22. Micron Technology, Inc. has a 12 month low of $192.40 and a 12 month high of $1,255.00. The company has a 50-day moving average price of $987.36 and a two-hundred day moving average price of $876.61.

Micron Technology (NASDAQ:MU) last announced its quarterly 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. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same quarter in the previous year, the firm earned $3.03 EPS. Micron Technology’s quarterly 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 predict that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Activity

In related news, insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares of the company’s stock, valued at $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. 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 value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 123,545 shares of company stock valued at $115,750,966 over the last three months. 0.24% of the stock is owned by insiders.

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.