Micron Technology, Inc. $MU Stock: Integrated Advisors Network LLC Raises Holdings

Integrated Advisors Network LLC raised its holdings in Micron Technology, Inc. (NASDAQ:MU) by 19.5% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 6,554 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,070 shares during the period. Integrated Advisors Network LLC’s holdings in Micron Technology were worth $6,980,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in MU. Bullseye Investment Management LLC purchased a new stake in shares of Micron Technology in the second quarter valued at $27,000. Aventus Investment Advisors Inc. acquired a new position in Micron Technology in the third quarter valued at $30,000. Steph & Co. purchased a new position in Micron Technology during the third quarter worth about $31,000. Montgomery Financial Services LLC acquired a new stake in Micron Technology in the 2nd quarter worth about $38,000. Finally, JNBA Financial Advisors boosted its stake in Micron Technology by 77.3% in the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock worth $45,000 after buying an additional 17 shares during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Price Performance

MU opened at $913.67 on Thursday. Micron Technology, Inc. has a 52-week low of $192.40 and a 52-week high of $1,255.00. The company has a 50 day moving average of $987.36 and a two-hundred day moving average of $876.61. The company has a market cap of $1.03 trillion, a P/E ratio of 12.31, a P/E/G 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 (NASDAQ:MU) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter last year, the firm posted $3.03 EPS. The business’s revenue for the quarter was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Insider Activity at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the transaction, 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 transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of the business’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the transaction, the insider owned 147,430 shares in the company, valued at approximately $132,687,000. This represents a 16.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 123,545 shares of company stock worth $115,750,966. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on MU. CLSA restated an “outperform” rating and issued a $1,700.00 price target on shares of Micron Technology in a report on Friday, October 2nd. Sanford C. Bernstein reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. TD Cowen reissued a “buy” rating and issued a $1,600.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. Citigroup raised 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. Finally, Argus lowered their target price on shares of Micron Technology from $1,500.00 to $540.00 and set a “buy” rating for the company in a report on Thursday, June 25th. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

More Micron Technology News

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

About Micron Technology

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.