Micron Technology, Inc. $MU Position Increased by Mather Group LLC.

Mather Group LLC. lifted its position in Micron Technology, Inc. (NASDAQ:MU) by 47.5% during the third quarter, Holdings Channel reports. The institutional investor owned 13,103 shares of the semiconductor manufacturer’s stock after buying an additional 4,220 shares during the quarter. Mather Group LLC.’s holdings in Micron Technology were worth $13,956,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of MU. Andar Capital Management HK Ltd boosted its stake in 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 valued at $39,571,847,000 after acquiring an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA purchased a new position in Micron Technology in the second quarter worth $22,182,263,000. Bank of America Corp DE grew its holdings in Micron Technology by 26.6% in the second quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock worth $11,744,621,000 after purchasing an additional 2,136,470 shares during the last quarter. Invesco Ltd. increased its position in shares of Micron Technology by 1.6% during the fourth quarter. Invesco Ltd. now owns 9,777,239 shares of the semiconductor manufacturer’s stock worth $2,790,522,000 after purchasing an additional 155,073 shares in the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Micron Technology during the second quarter worth $8,402,393,000. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Down 4.1%

MU stock opened at $914.13 on Thursday. The firm has a 50 day moving average of $984.86 and a 200 day moving average of $857.08. The stock has a market capitalization of $1.03 trillion, a PE ratio of 12.32, a price-to-earnings-growth ratio of 0.17 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, Inc. has a 52 week low of $187.42 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping the consensus estimate of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter in the previous year, the firm earned $3.03 EPS. Micron Technology’s revenue 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. Sell-side analysts forecast that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

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

Micron Technology News Roundup

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

• Positive Sentiment: Elon Musk praised Micron’s approach to future memory pricing, calling it “reasonable” and contrasting it with unnamed competitors he described as “extortionate.” The comments support Micron’s customer-focused strategy and could strengthen long-term relationships. Elon Musk Says Micron Has Been Reasonable on Future Pricing
• Positive Sentiment: Investors continue to point to Micron’s strong operating performance: fiscal fourth-quarter revenue increased 379% year over year to $54.23 billion, while earnings exceeded consensus estimates. AI demand, tight DRAM supply and expected HBM4 growth remain important upside drivers. Micron’s HBM4 Ramp-Up
• Positive Sentiment: Micron has signed 26 strategic customer agreements and secured commitments covering much of its fiscal 2027 output, improving demand visibility and reducing exposure to the traditional memory cycle. Its board also authorized roughly $35 billion in additional buybacks, while analysts at Erste Group raised their FY2027 earnings forecast. Micron’s Customer Contracts
• Neutral Sentiment: Several analysts and commentators called the selloff excessive, citing Micron’s low forward valuation, strong balance sheet, shareholder returns and long-term AI demand. However, the market remains skeptical that elevated profits can persist indefinitely.
• Negative Sentiment: The main catalyst was news that China’s ChangXin Memory Technologies (CXMT) is progressing toward a denser DRAM design aimed at server memory. Although commercial-scale production and yields remain unproven, investors fear future competition could weaken Micron’s pricing power and margins. CXMT Targets Server Memory
• Negative Sentiment: Hotter-than-expected U.S. inflation increased pressure on technology shares and contributed to a broader semiconductor selloff. Investors are also monitoring a potential labor dispute at Micron’s Taiwan operations, which could create production and delivery risks if a strike occurs. Why Memory Stocks Are Falling

Analyst Ratings Changes

Several analysts have recently commented on MU shares. President Capital increased their price objective on Micron Technology to $1,500.00 and gave the company a “buy” rating in a report on Friday, July 17th. Weiss Ratings raised Micron Technology from a “buy (b)” rating to a “buy (b+)” rating in a research report on Monday. CLSA restated an “outperform” rating and set a $1,700.00 target price on shares of Micron Technology in a research note on Friday, October 2nd. Rosenblatt Securities restated a “buy” rating and set a $1,900.00 target price on shares of Micron Technology in a research note on Tuesday. Finally, Phillip Securities upped their target price on Micron Technology from $530.00 to $1,870.00 and gave the company a “buy” rating in a research report on Monday, June 29th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, Micron Technology currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Transactions at Micron Technology

In related news, CAO Scott R. Allen sold 879 shares of the company’s 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 directly owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction on 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 completion of the transaction, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This trade represents a 13.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 95,879 shares of company stock worth $90,939,466. Company insiders own 0.24% of the company’s stock.

Micron Technology Company Profile

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.