Micron Technology, Inc. $MU Stock Sold by Bank of New Hampshire

Bank of New Hampshire lessened its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 21.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,877 shares of the semiconductor manufacturer’s stock after selling 1,325 shares during the quarter. Micron Technology comprises 1.1% of Bank of New Hampshire’s portfolio, making the stock its 22nd biggest holding. Bank of New Hampshire’s holdings in Micron Technology were worth $5,195,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of MU. Andar Capital Management HK Ltd lifted its position in Micron Technology by 856,960.3% during 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 purchasing an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA purchased a new stake in shares of Micron Technology during the 2nd quarter valued at about $22,182,263,000. Bank of America Corp DE raised its position in shares of Micron Technology by 26.6% during the 2nd quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock valued at $11,744,621,000 after buying an additional 2,136,470 shares in the last quarter. Legal & General Group Plc bought a new position in shares of Micron Technology in the 2nd quarter valued at about $8,402,393,000. Finally, Wellington Management Group LLP lifted its holdings in shares of Micron Technology by 28.7% in the 2nd quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer’s stock valued at $5,823,556,000 after acquiring an additional 1,125,414 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on MU. KeyCorp reissued an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. BMO Capital Markets reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. President Capital boosted their target price on Micron Technology to $1,500.00 and gave the company a “buy” rating in a research report on Friday, July 17th. ThinkEquity restated a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. Finally, Erste Group Bank upgraded Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Forty-one analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, Micron Technology currently has an average rating of “Moderate Buy” and an average target price of $1,385.93.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Analysts remain broadly bullish on Micron’s long-term outlook. Record fourth-quarter revenue of $54.23 billion, sharply higher earnings, strong data-center demand and tighter memory supply are supporting expectations for sustained growth through fiscal 2027–2028. Micron: Tighter Market Conditions Through 2028 Mean This Is a Great Buy
• Positive Sentiment: AI infrastructure and high-bandwidth memory (HBM) demand could make Micron’s revenue base less cyclical than in prior memory upcycles. Strategic customer agreements reportedly cover more than 35% of expected revenue through 2030, improving visibility and pricing power. Micron Q4 Blowout: Why Memory Supercycle Still Has Runway
• Positive Sentiment: Micron’s valuation remains attractive to some analysts relative to other AI semiconductor companies, while its strong balance sheet and cash generation could support shareholder returns. Restrictions on CHIPS Act-related buybacks are scheduled to expire on December 9, potentially enabling repurchases. Why investors should be watching this date for Micron
• Neutral Sentiment: Micron entered a patent-license and settlement agreement with Netlist requiring quarterly payments of approximately $30 million for five years, resolving the companies’ ongoing litigation. The payments create a recurring cost but remove legal uncertainty. Netlist and Micron Enter Patent License and Settlement Agreements
• Neutral Sentiment: Micron has accused a Chinese rival of recruiting its engineers and misusing confidential technology in subsequent patent litigation. The dispute could affect legal and competitive risks, although no immediate financial impact was reported. Micron Says a Chinese Rival Poached Its Engineers
• Negative Sentiment: Bearish commentary highlights slowing sequential DRAM average-selling-price growth, anticipated gross-margin moderation and higher fiscal 2027 capital spending. Investors are concerned that increased industry capacity could eventually pressure pricing. Micron: Wishful Thinking At Its Finest
• Negative Sentiment: After a major year-to-date rally, profit-taking and fears of a memory-price peak are limiting the stock’s response to earnings that exceeded expectations. Reporting risk across memory-chip peers is also contributing to caution. Is Micron Stock Worth Holding After Its Solid Q4 Earnings Results?

Micron Technology Trading Down 1.7%

MU stock traded down $18.40 during midday trading on Tuesday, reaching $1,045.56. The company’s stock had a trading volume of 21,666,664 shares, compared to its average volume of 41,653,750. The firm has a market capitalization of $1.18 trillion, a price-to-earnings ratio of 14.09, a PEG ratio of 0.20 and a beta of 2.22. Micron Technology, Inc. has a 1 year low of $179.61 and a 1 year high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The stock has a fifty day simple moving average of $965.73 and a two-hundred day simple moving average of $831.69.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping 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 period in the prior year, the firm earned $3.03 EPS. The company’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, equities research analysts predict that Micron Technology, Inc. will post 165.51 EPS for the current year.

Micron Technology Dividend Announcement

The company 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 dividend of $0.15 per share. The ex-dividend date of this dividend 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 0.81%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott Allen sold 879 shares of the firm’s stock in a transaction on Thursday, July 23rd. The shares were 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 in the company, valued at approximately $34,958,000. This represents a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 95,879 shares of company stock valued at $90,939,466 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

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.