2,567 Micron Technology, Inc. $MU Shares Purchased by SVB Wealth LLC

SVB Wealth LLC boosted its holdings in Micron Technology, Inc. (NASDAQ:MU) by 43.9% in the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 8,409 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,567 shares during the period. SVB Wealth LLC’s holdings in Micron Technology were worth $8,957,000 at the end of the most recent reporting period.

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

Insider Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s 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 sale, the chief executive officer 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 link. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. The trade was a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 83,545 shares of company stock worth $78,460,850 over the last ninety days. 0.24% of the stock is owned by insiders.

More Micron Technology News

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

• Positive Sentiment: AI demand remains a key tailwind. CoreWeave raised its 2026 revenue outlook and said customer demand for AI computing substantially exceeds its capacity. Micron’s data-center businesses account for a large share of sales, linking the company to continued infrastructure spending. CoreWeave AI demand article
• Positive Sentiment: Tight supply supports memory pricing. Reports say Micron has largely sold its high-bandwidth memory production for next year, reinforcing expectations that AI-driven demand and limited supply can sustain its business. Micron high-bandwidth memory article
• Neutral Sentiment: Micron announced participation in upcoming investor events, with no major new financial outlook disclosed in the report. Micron investor events announcement

Micron Technology Trading Down 1.6%

NASDAQ:MU opened at $798.44 on Friday. 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 business’s 50 day moving average is $947.33 and its two-hundred day moving average is $762.45. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week high of $1,255.00. The company has a market cap of $903.37 billion, a PE ratio of 10.76, a P/E/G ratio of 0.14 and a beta of 2.36.

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. On average, analysts predict that Micron Technology, Inc. will post 174.19 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 0.81%.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. DA Davidson lifted their price target on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. William Blair set a $1,300.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. Seaport Research Partners reissued a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. Finally, Morgan Stanley reissued an “overweight” rating and set a $1,200.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have issued a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

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.