Micron Technology, Inc. $MU Stock: Fulcrum Asset Management LLP Trims Stake

Fulcrum Asset Management LLP reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 3.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,945 shares of the semiconductor manufacturer’s stock after selling 751 shares during the period. Micron Technology comprises approximately 1.0% of Fulcrum Asset Management LLP’s holdings, making the stock its 12th biggest position. Fulcrum Asset Management LLP’s holdings in Micron Technology were worth $21,243,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in MU. Allspring Global Investments Holdings LLC increased its holdings in Micron Technology by 9.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 557,658 shares of the semiconductor manufacturer’s stock valued at $611,969,000 after buying an additional 50,015 shares during the last quarter. rebel Financial LLC acquired a new stake in Micron Technology during the third quarter valued at approximately $221,000. Accuvest Global Advisors lifted its holdings in Micron Technology by 456.0% during the 3rd quarter. Accuvest Global Advisors now owns 1,946 shares of the semiconductor manufacturer’s stock worth $2,073,000 after buying an additional 1,596 shares during the last quarter. Griffith & Werner Inc. lifted its holdings in Micron Technology by 11.4% during the 3rd quarter. Griffith & Werner Inc. now owns 3,100 shares of the semiconductor manufacturer’s stock worth $3,302,000 after buying an additional 318 shares during the last quarter. Finally, StoneRidge PMG Advisors LLC bought a new position in Micron Technology during the 3rd quarter worth approximately $3,320,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $690.00 on Monday. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The firm’s 50-day moving average price is $961.59 and its two-hundred day moving average price is $754.99. Micron Technology, Inc. has a 52-week low of $192.59 and a 52-week high of $1,255.00. The stock has a market capitalization of $780.68 billion, a P/E ratio of 9.30, a P/E/G ratio of 0.12 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating 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%. The business’s revenue was up 379.1% compared to the same quarter last year. During the same period in the prior year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, sell-side analysts forecast that Micron Technology, Inc. will post 175.19 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were given a dividend of $0.15 per share. The ex-dividend date was 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 currently 0.81%.

Insider Buying and Selling

In other Micron Technology news, insider Scott J. Deboer sold 28,545 shares of the firm’s stock in a transaction 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 in the company, valued at approximately $132,687,000. This trade represents a 16.22% 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, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 in the last three months. 0.24% of the stock is owned by insiders.

Micron Technology News Summary

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

Analyst Ratings Changes

Several brokerages have recently commented on MU. BMO Capital Markets reiterated an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. Raymond James Financial reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. CLSA reissued an “outperform” rating and set a $1,700.00 price target on shares of Micron Technology in a research report on Friday, October 2nd. Cantor Fitzgerald restated an “overweight” rating and set a $2,000.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Arete Research lifted their price objective on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. One analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology Profile

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices.

Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.