Micron Technology, Inc. $MU Stock Acquired by MFA Wealth Advisors LLC

MFA Wealth Advisors LLC grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 16.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 4,425 shares of the semiconductor manufacturer’s stock after buying an additional 639 shares during the quarter. MFA Wealth Advisors LLC’s holdings in Micron Technology were worth $4,713,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Andar Capital Management HK Ltd grew its position in Micron Technology by 856,960.3% during 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 during the last quarter. Primecap Management Co. CA bought a new stake in Micron Technology in the second quarter valued at approximately $22,182,263,000. Bank of America Corp DE lifted its position in 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 valued at $11,744,621,000 after purchasing an additional 2,136,470 shares during the last quarter. Legal & General Group Plc purchased a new stake in shares of Micron Technology during the second quarter valued at approximately $8,402,393,000. Finally, Wellington Management Group LLP grew its holdings 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 during the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Up 4.1%

Shares of MU stock traded up $42.44 during midday trading on Wednesday, reaching $1,088.00. 30,564,464 shares of the stock were exchanged, compared to its average volume of 41,600,656. Micron Technology, Inc. has a 1 year low of $179.61 and a 1 year high of $1,255.00. The company’s 50 day moving average is $972.71 and its two-hundred day moving average is $836.22. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The firm has a market cap of $1.23 trillion, a PE ratio of 14.66, a price-to-earnings-growth ratio of 0.19 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 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 company had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. During the same quarter last year, the business posted $3.03 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts predict that Micron Technology, Inc. will post 167.29 EPS for the current year.

Micron Technology Dividend Announcement

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 issued 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 0.81%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Major price-target increase: D.A. Davidson raised its Micron price target to $3,000 from $2,100 while maintaining a Buy rating. Analyst Gil Luria expects AI infrastructure demand to keep memory supply constrained through 2028, implying substantial additional upside. Why is Micron stock rising on Wednesday?
• Positive Sentiment: AI demand and committed orders support the outlook: Recent coverage highlights that more than 75% of Micron’s fiscal 2027 shipments are committed, with customers already discussing 2028 allocations. Demand for high-bandwidth memory, server DRAM and data-center SSDs is helping reduce the company’s historical exposure to consumer-memory cycles. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Record earnings reinforce momentum: Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted EPS of $33.42, well above the prior-year results. Its fiscal first-quarter 2027 guidance calls for $60 billion–$63 billion of revenue and $37.15–$39.15 of adjusted EPS, pointing to another sequential increase. Micron’s profits surge as Meta’s AI spending accelerates
• Neutral Sentiment: Patent settlement removes litigation uncertainty but adds cost: Micron agreed to pay Netlist $600 million, including quarterly licensing payments over five years, to resolve patent disputes. The agreement provides legal clarity but creates a sizeable cash expense. Micron Technology and Netlist settle patent dispute
• Negative Sentiment: Taiwan strike threat and valuation risks remain: Workers at Micron’s Taiwan facilities authorized a strike over bonus negotiations; no walkout has been announced, but disruption could affect a major production hub. Separately, critics warn that the stock’s substantial rally assumes unusually strong memory pricing and may be vulnerable when new capacity arrives. Micron’s Taiwan union secures authorization to strike

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 95,879 shares of company stock valued at $90,939,466 in the last three months. 0.24% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research analysts recently commented on the stock. Bank of America lifted their target price on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. UBS Group reissued a “buy” rating and issued a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a report on Wednesday, September 23rd. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. Sanford C. Bernstein reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Argus cut their target price on Micron Technology from $1,500.00 to $540.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. Forty-one research analysts have rated the stock with a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

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.