Micron Technology, Inc. $MU Stock Sold by Nippon Life Global Investors Americas Inc.

Nippon Life Global Investors Americas Inc. cut its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 8.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 51,930 shares of the semiconductor manufacturer’s stock after selling 5,040 shares during the period. Micron Technology comprises about 2.2% of Nippon Life Global Investors Americas Inc.’s investment portfolio, making the stock its 12th biggest position. Nippon Life Global Investors Americas Inc.’s holdings in Micron Technology were worth $55,311,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of MU. Andar Capital Management HK Ltd increased its holdings in 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 worth $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 during the second quarter valued at approximately $22,182,263,000. Bank of America Corp DE boosted its position in shares of 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 period. Legal & General Group Plc bought a new position in shares of Micron Technology in the second quarter worth approximately $8,402,393,000. Finally, Wellington Management Group LLP increased its stake in shares of Micron Technology by 28.7% in the second quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer’s stock worth $5,823,556,000 after purchasing an additional 1,125,414 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Memory demand remains exceptionally strong. SK Hynix said its available memory capacity is effectively sold out through 2029, supporting expectations for sustained pricing power in DRAM, NAND and high-bandwidth memory (HBM)—markets in which Micron is a major supplier. SK Hynix Just Delivered Fantastic News for Micron
• Positive Sentiment: Several analysts remain bullish, arguing that Micron’s supply is unlikely to catch up with demand before fiscal 2028 and that HBM prices could rise significantly in 2027. Reports also cite customer agreements that have locked in much of next year’s shipments, potentially supporting record earnings and visibility. Micron Stock: Why I’m Buying, Not Panicking
• Positive Sentiment: Attractive projected earnings growth and a low forward valuation are encouraging some investors to view the recent weakness as a buying opportunity. Micron is also receiving attention as an AI beneficiary, while its inclusion among major S&P 500 ETF holdings can support recurring institutional demand. Think You Missed Out on Micron’s Run? Think Again.
• Neutral Sentiment: Micron’s investment case remains highly dependent on continued AI infrastructure spending. Articles present the company as potentially resilient if AI budgets slow, but also warn that memory stocks could be among the more exposed semiconductor businesses if customers reduce or delay data-center investment. If AI Spending Slows in 2027, These Semiconductor Stocks Could Hold Up Best
• Negative Sentiment: The immediate pressure came from a wider technology and semiconductor selloff following disappointing results from Amazon and Intel. Weakness in Alphabet and Samsung also reduced risk appetite and caused investors to reassess elevated expectations for memory stocks. Why are Micron, SK Hynix and SanDisk stocks falling on Friday?
• Negative Sentiment: SanDisk’s strong earnings and raised outlook failed to prevent a sharp decline in memory shares, highlighting profit-taking and valuation concerns. Meanwhile, China’s CXMT reported a 613% revenue increase, signaling a growing competitive threat to established suppliers such as Micron over time. CXMT posts 613% jump in revenue as Micron, SanDisk shares tumble

Insider Transactions at Micron Technology

In other Micron Technology news, insider Scott J. Deboer sold 28,545 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the sale, the insider directly owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, 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 completion of the sale, 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 ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 83,545 shares of company stock valued at $78,460,850 in the last 90 days. Insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently commented on MU. KeyCorp restated an “overweight” rating on shares of Micron Technology in a research report on Thursday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and issued a $1,650.00 target price on shares of Micron Technology in a report on Thursday, October 22nd. Seaport Research Partners reiterated a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. Citigroup raised their price target on Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a report on Wednesday, September 23rd. Finally, Morgan Stanley restated an “overweight” rating and issued a $1,200.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. One equities research 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 stock. According to MarketBeat.com, Micron Technology currently has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology Price Performance

Shares of MU opened at $884.74 on Monday. 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 company has a 50 day moving average price of $978.68 and a 200-day moving average price of $744.52. Micron Technology, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00. The stock has a market capitalization of $1.00 trillion, a PE ratio of 11.92, a PEG ratio of 0.15 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same period last year, the business posted $3.03 EPS. The business’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. Equities analysts predict that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were given a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 0.81%.

Micron Technology Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.