Micron Technology, Inc. $MU Position Increased by Journey Retirement Planning & Investment Management LLC

Journey Retirement Planning & Investment Management LLC boosted its position in Micron Technology, Inc. (NASDAQ:MU) by 113.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,323 shares of the semiconductor manufacturer’s stock after acquiring an additional 704 shares during the quarter. Micron Technology accounts for about 0.9% of Journey Retirement Planning & Investment Management LLC’s holdings, making the stock its 19th biggest holding. Journey Retirement Planning & Investment Management LLC’s holdings in Micron Technology were worth $1,409,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in MU. Andar Capital Management HK Ltd raised its holdings 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 acquired a new position in shares of Micron Technology during the second quarter worth $22,182,263,000. Legal & General Group Plc purchased a new position in Micron Technology in the second quarter valued at $8,402,393,000. Situational Awareness LP raised its stake in Micron Technology by 1,149.0% in the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock valued at $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 Micron Technology in the second quarter valued at $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. The trade was a 7.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, CAO Scott Allen sold 879 shares of the company’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This trade represents a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 95,879 shares of company stock worth $90,939,466. Insiders own 0.24% of the company’s stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron’s AI-memory outlook remains a major bullish driver. Analysts and commentators point to sustained demand for high-bandwidth memory, DRAM and NAND as data-center and agentic-AI deployments expand. More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing allocations into 2028. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Recent financial results were substantially better than expected: fiscal fourth-quarter revenue reached $54.23 billion and adjusted EPS was $33.42, while management forecast another record quarter with fiscal Q1 2027 adjusted EPS of $37.15–$39.15. Bullish earnings revisions and analyst upgrades are supporting the longer-term case. Why Micron Might Be Well Poised for a Surge
• Positive Sentiment: Some investors argue that long-term customer agreements, strategic deposits and constrained HBM production make Micron less exposed to its traditional boom-and-bust cycle. Several bullish forecasts envision substantial additional upside if AI-driven memory shortages persist through 2028. Micron: Bears Are Fighting Physics With Spreadsheets
• Neutral Sentiment: Shares remain range-bound after a sharp run, leaving investors focused on whether future earnings growth can justify the elevated valuation. Gross-margin guidance eased modestly, reinforcing debate over when additional supply could pressure pricing.
• Negative Sentiment: A Taiwan union representing workers at a major Micron DRAM facility voted overwhelmingly to authorize a strike over compensation. A work stoppage could disrupt production or raise costs if mediation fails. Micron Is Making Record Profits, But a Taiwan Union Just Voted 99% to Authorize a Strike

Micron Technology Stock Performance

Shares of Micron Technology stock traded down $5.92 on Friday, hitting $1,029.92. The stock had a trading volume of 12,269,431 shares, compared to its average volume of 41,387,289. The stock has a market cap of $1.16 trillion, a price-to-earnings ratio of 13.87, a P/E/G ratio of 0.19 and a beta of 2.22. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 52-week low of $179.61 and a 52-week high of $1,255.00. The company’s 50 day moving average price is $975.93 and its 200 day moving average price is $840.54.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The firm’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same quarter last year, the business posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, research analysts anticipate that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Announces Dividend

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

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on MU shares. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a research report on Thursday, October 1st. Susquehanna reaffirmed a “positive” rating on shares of Micron Technology in a report on Thursday, October 1st. President Capital increased their price target on shares of Micron Technology to $1,500.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Wedbush reissued an “outperform” rating and set a $1,400.00 price objective on shares of Micron Technology in a report on Monday, September 28th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. One research 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. According to data from MarketBeat, Micron Technology has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology 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.