Micron Technology, Inc. $MU Shares Newly Bought by Gallagher Capital Advisors LLC

Gallagher Capital Advisors LLC bought a new position in Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 3,913 shares of the semiconductor manufacturer’s stock, valued at approximately $4,168,000. Micron Technology comprises approximately 2.1% of Gallagher Capital Advisors LLC’s holdings, making the stock its 15th largest holding.

Several other hedge funds and other institutional investors have also recently made changes to their positions in MU. M.E. Allison & CO. Inc. increased its position in shares of Micron Technology by 0.8% during the second quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock valued at $1,528,000 after acquiring an additional 11 shares in the last quarter. Ables Iannone Moore & Associates Inc. lifted its position in Micron Technology by 5.3% in the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock valued at $252,000 after acquiring an additional 12 shares in the last quarter. Cherrydale Wealth Management LLC lifted its position in Micron Technology by 1.4% in the 2nd quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock valued at $1,122,000 after acquiring an additional 13 shares in the last quarter. Bellevue Asset Management LLC boosted its stake in Micron Technology by 25.5% during the 2nd quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer’s stock valued at $74,000 after purchasing an additional 13 shares during the last quarter. Finally, Mowery & Schoenfeld Wealth Management LLC boosted its stake in Micron Technology by 8.8% during the 2nd quarter. Mowery & Schoenfeld Wealth Management LLC now owns 161 shares of the semiconductor manufacturer’s stock valued at $186,000 after purchasing an additional 13 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Analysts remain optimistic about Micron’s long-term upside. Seeking Alpha assigns the stock a Buy rating and a $1,307 base-case target, citing AI infrastructure demand, supply constraints and the possibility that MU remains undervalued even if memory prices decline by 15%. Micron: Even If Memory Prices Fall 15%, It May Still Be Undervalued
• Positive Sentiment: The bullish investment case is supported by Micron’s latest results: fiscal fourth-quarter revenue rose 379% year over year to $54.23 billion, adjusted EPS reached $33.42, and management projected fiscal first-quarter 2027 EPS of $37.15–$39.15. More than 75% of fiscal 2027 shipments are reportedly committed, improving demand visibility. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: AI-related demand remains the central catalyst. Tight high-bandwidth memory supply, expanding data-center deployments and emerging AI-agent workloads are expected to support DRAM, NAND and server-memory demand. Several reports also point to favorable earnings revisions and potential year-end strength for AI semiconductor stocks. 3 Top-Ranked Stocks Breaking Records on AI-Related Demand
• Neutral Sentiment: Micron received a Zacks upgrade to Strong Buy, while other commentary highlighted its high return on equity, strong cash flow and potential for substantially higher future earnings. However, many of the most aggressive targets are highly dependent on unusually strong memory pricing and earnings growth. Micron Technology Stock Rating Upgraded by Zacks Research
• Negative Sentiment: Near-term trading has been pressured by an options market increasingly positioned for semiconductor weakness: put volume in the SMH ETF substantially exceeded call volume, signaling hedging or bearish speculation across chip stocks. Two Massive Trades in Micron and Nvidia
• Negative Sentiment: Investors remain concerned that memory margins may be peaking and that supply will eventually catch up with demand. A weaker-than-expected interpretation of OpenAI revenue data and Samsung’s record but slower-growing profit also triggered caution toward AI and memory stocks. Micron additionally faces labor uncertainty after a Taiwan union authorized strike action over a bonus dispute. Micron, Nvidia and AI Chip Stocks Fall

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MU. Argus decreased their price target on Micron Technology from $1,500.00 to $540.00 and set a “buy” rating for the company in a research note on Thursday, June 25th. JPMorgan Chase & Co. increased their price objective on Micron Technology from $550.00 to $1,540.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Bank of America lifted their price objective on Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, June 23rd. Rosenblatt Securities boosted their target price on Micron Technology from $1,500.00 to $1,900.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Finally, President Capital upped their target price on shares of Micron Technology to $1,500.00 and gave the company a “buy” rating in a research note on Friday, July 17th. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Insider Buying and Selling at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred on Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the transaction, the chief executive officer owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer directly owned 34,958 shares in the company, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 95,879 shares of company stock worth $90,939,466 in the last three months. 0.24% of the stock is currently owned by company insiders.

Micron Technology Price Performance

NASDAQ MU opened at $1,029.00 on Friday. The stock has a market capitalization of $1.16 trillion, a price-to-earnings ratio of 13.87, a PEG ratio of 0.18 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 current ratio of 3.31 and a quick ratio of 2.94. The business’s fifty day moving average price is $980.05 and its 200-day moving average price is $841.86.

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

Micron Technology Dividend Announcement

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

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.