1,330 Micron Technology, Inc. $MU Shares Bought by First Command Advisory Services Inc.

First Command Advisory Services Inc. lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 115.3% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,484 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,330 shares during the period. First Command Advisory Services Inc.’s holdings in Micron Technology were worth $2,646,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in MU. Bullseye Investment Management LLC bought a new stake in Micron Technology in the 2nd quarter valued at approximately $27,000. Aventus Investment Advisors Inc. acquired a new position in Micron Technology during the 3rd quarter worth approximately $30,000. Steph & Co. bought a new position in shares of Micron Technology during the 3rd quarter worth approximately $31,000. Montgomery Financial Services LLC bought a new position in shares of Micron Technology during the 2nd quarter worth approximately $38,000. Finally, JNBA Financial Advisors raised its holdings in shares of Micron Technology by 77.3% in the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after purchasing an additional 17 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Citigroup boosted their price objective 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. Itau BBA Securities raised their target price on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the company an “outperform” rating in a research report on Wednesday, July 22nd. Morgan Stanley reiterated an “overweight” rating and issued a $1,200.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. BMO Capital Markets reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. Finally, Mizuho increased their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research note on Thursday, October 1st. One investment 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 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 Stock Performance

Shares of MU opened at $811.30 on Thursday. The company has a market cap of $917.92 billion, a PE ratio of 9.70, a price-to-earnings-growth ratio of 0.13 and a beta of 2.36. The firm has a 50-day moving average of $950.48 and a 200-day moving average of $760.41. Micron Technology, Inc. has a one year low of $192.59 and a one 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 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. The business 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%. Micron Technology’s revenue was up 379.1% on a year-over-year basis. During the same period last year, the business posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities analysts forecast that Micron Technology, Inc. will post 175.22 earnings per share for the current year.

Micron Technology Dividend Announcement

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

Key Micron Technology News

These are some of the MU news items that stood out recently:

• Positive Sentiment: CoreWeave strengthened the AI-demand outlook. The data-center company beat expectations and raised its 2026 revenue outlook; its CEO said demand for AI infrastructure exceeds available capacity. Because CoreWeave buys Micron’s memory chips, the news eased fears of slowing customer demand. Article: Micron Stock Jumps as CoreWeave Outlook Eases AI Spending Fears
• Positive Sentiment: Low valuation and bullish analyst views support the recovery case. Articles highlight MU trading at roughly 3.8 times earnings, while some analysts see substantial upside; Goldman Sachs reiterated a $1,250 price target. Micron’s recent earnings beat and strong growth outlook add to the bullish argument. Article: Analysts See Micron Stock Doubling
• Positive Sentiment: AI-related business ties drew attention. Micron is among suppliers participating in Anthropic’s private placement, a development that may deepen its relationship with a major AI customer. Article: Micron Stocks Jump as Memory Rebound Meets Anthropic Placement

Insider Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s 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 transaction, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of the company’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of 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 ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is owned by insiders.

About Micron Technology

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices. Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.