Green Alpha Advisors LLC Sells 814 Shares of Micron Technology, Inc. $MU

Green Alpha Advisors LLC decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 12.3% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 5,830 shares of the semiconductor manufacturer’s stock after selling 814 shares during the quarter. Micron Technology comprises about 4.2% of Green Alpha Advisors LLC’s portfolio, making the stock its 5th biggest holding. Green Alpha Advisors LLC’s holdings in Micron Technology were worth $6,209,000 at the end of the most recent quarter.

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

Insider Activity

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction on Friday, August 21st. The stock was 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 directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CAO Scott Allen sold 879 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following 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 SEC filing for this sale provides additional information. Insiders have sold a total of 95,879 shares of company stock valued at $90,939,466 in the last quarter. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the topic of several recent research reports. Wolfe Research set a $1,500.00 target price on Micron Technology in a report on Thursday, June 25th. Citigroup increased their price target on Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a report on Wednesday, September 23rd. UBS Group reiterated a “buy” rating and set a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. Robert W. Baird boosted their price objective on Micron Technology from $1,280.00 to $1,520.00 and gave the stock an “outperform” rating in a research note on Monday, September 28th. Finally, Seaport Research Partners restated a “buy” rating on shares of Micron Technology in a report on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology News Roundup

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

• Positive Sentiment: AI memory demand remains the primary bullish catalyst. Analysts expect the semiconductor rally to continue into year-end, with Micron among the likely leaders. More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations—evidence of strong visibility and constrained supply. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Fundamentals and estimates remain exceptionally strong. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted EPS of $33.42, while guiding to fiscal first-quarter 2027 EPS of $37.15-$39.15. Fiscal 2026 DRAM revenue reached approximately $39.8 billion, representing 73% of total revenue, and NAND growth is increasingly supported by data-center SSD demand. Micron’s DRAM Sales Reach $40B
• Positive Sentiment: Analyst sentiment is highly favorable. Zacks upgraded Micron to “Strong Buy,” and D.A. Davidson raised its price target to a Street-high $3,000 from $2,100, citing a multi-year period in which AI memory demand could exceed supply. Analyst Sets Street-High Micron Stock Price Target
• Neutral Sentiment: Micron agreed to pay $600 million to settle a Netlist patent dispute. The payment is a material cost, but resolving the litigation removes a continuing legal overhang and provides a five-year license to Netlist’s patent portfolio. Micron Technology and Netlist Settle Patent Dispute
• Negative Sentiment: A Taiwan labor dispute is pressuring the stock. Workers at Micron’s Taoyuan facility overwhelmingly authorized a strike over bonus changes. No walkout has been announced, but Taiwan is a major manufacturing base, creating risk of production delays, higher costs or customer concerns. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Sector and macro pressures are also weighing on MU. Samsung’s record preliminary profit highlighted memory strength but failed to reassure investors concerned that the memory cycle may eventually peak. Higher Treasury yields and a broader technology selloff are adding near-term valuation pressure. The Memory Trade Cools After Samsung’s Preliminary Results Disappoint

Micron Technology Trading Down 4.8%

Shares of NASDAQ MU traded down $52.16 during midday trading on Thursday, reaching $1,035.84. 29,761,444 shares of the stock were exchanged, compared to its average volume of 41,539,305. The company has a 50 day simple moving average of $975.93 and a 200 day simple moving average of $840.54. The stock has a market capitalization of $1.17 trillion, a P/E ratio of 13.96, a PEG ratio of 0.18 and a beta of 2.22. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. Micron Technology, Inc. has a twelve month low of $179.61 and a twelve month high of $1,255.00.

Micron Technology (NASDAQ:MU) last released 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. The firm had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business’s revenue for the quarter was up 379.1% compared to the same quarter last year. During the same quarter in the previous year, the company earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities analysts expect that Micron Technology, Inc. will post 175.82 earnings per share for the current year.

Micron Technology Dividend Announcement

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

About Micron Technology

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.