Micron Technology, Inc. $MU Stock Holdings Raised by Wedmont Private Capital

Wedmont Private Capital grew its position in Micron Technology, Inc. (NASDAQ:MU) by 18.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 20,367 shares of the semiconductor manufacturer’s stock after acquiring an additional 3,184 shares during the quarter. Wedmont Private Capital’s holdings in Micron Technology were worth $21,097,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Journey Retirement Planning & Investment Management LLC boosted its stake in Micron Technology by 113.7% during the 3rd quarter. Journey Retirement Planning & Investment Management LLC now owns 1,323 shares of the semiconductor manufacturer’s stock worth $1,409,000 after purchasing an additional 704 shares during the period. Cadent Capital Advisors LLC increased its stake in Micron Technology by 224.2% in the third quarter. Cadent Capital Advisors LLC now owns 3,320 shares of the semiconductor manufacturer’s stock valued at $3,536,000 after purchasing an additional 2,296 shares during the period. Brown Shipley& Co Ltd purchased a new stake in shares of Micron Technology in the third quarter valued at about $1,893,000. Douglas Lane & Associates LLC raised its holdings in shares of Micron Technology by 83.7% in the third quarter. Douglas Lane & Associates LLC now owns 6,220 shares of the semiconductor manufacturer’s stock valued at $6,624,000 after buying an additional 2,834 shares during the last quarter. Finally, Dakota Community Bank & Trust NA boosted its stake in shares of Micron Technology by 93.5% during the third quarter. Dakota Community Bank & Trust NA now owns 240 shares of the semiconductor manufacturer’s stock worth $256,000 after buying an additional 116 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Bank of America boosted their price target on Micron Technology from $950.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, June 23rd. DA Davidson increased their price objective on Micron Technology from $2,100.00 to $3,000.00 and gave the stock a “buy” rating in a research report on Wednesday. Wells Fargo & Company lowered their target price on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 23rd. Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Finally, BNP Paribas Exane upped their price target on Micron Technology from $615.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. 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 currently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Stock Performance

Shares of MU stock opened at $1,029.00 on Friday. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The stock has a 50 day simple moving average of $980.05 and a 200-day simple moving average of $841.86. The company has a market cap of $1.16 trillion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 0.18 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $179.61 and a 12-month high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating 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 company’s revenue for the quarter was up 379.1% compared to the same quarter last year. During the same period in the previous year, the business earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities analysts forecast that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared 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. The ex-dividend date of this dividend 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 is 0.81%.

Key Stories Impacting Micron Technology

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

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This trade represents a 7.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the sale, 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. Insiders have sold a total of 95,879 shares of company stock valued at $90,939,466 in the last ninety days. 0.24% of the stock is currently owned by company insiders.

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.