Micron Technology, Inc. $MU Stock Position Trimmed by Burr Financial Services LLC

Burr Financial Services LLC decreased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 6.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,383 shares of the semiconductor manufacturer’s stock after selling 597 shares during the quarter. Micron Technology makes up approximately 6.1% of Burr Financial Services LLC’s holdings, making the stock its 5th largest holding. Burr Financial Services LLC’s holdings in Micron Technology were worth $9,994,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the stock. Andar Capital Management HK Ltd grew its holdings in Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the period. Primecap Management Co. CA acquired a new position in shares of Micron Technology in the 2nd quarter valued at $22,182,263,000. Legal & General Group Plc purchased a new stake in shares of Micron Technology during the 2nd quarter valued at $8,402,393,000. Situational Awareness LP grew its stake in shares of Micron Technology by 1,149.0% during the 2nd quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock valued at $5,573,819,000 after buying an additional 5,289,124 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Micron Technology during the 2nd quarter worth $3,761,237,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on MU shares. UBS Group reaffirmed a “buy” rating and issued a $1,625.00 target price (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. Argus dropped 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. Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. Raymond James Financial reiterated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Needham & Company LLC restated a “buy” rating and issued a $1,650.00 price target on shares of Micron Technology in a report on Thursday, October 1st. One investment 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology News Summary

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

• Positive Sentiment: Micron’s DRAM revenue reached a record $39.8 billion in fiscal Q4 2026, representing 73% of total revenue. The result highlights Micron’s position as a major beneficiary of AI infrastructure spending. Micron’s DRAM Sales Reach $40B: Can AI Demand Drive Growth?
• Positive Sentiment: More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. This improves demand visibility and supports the view that AI-related memory shortages could persist longer than expected. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: D.A. Davidson raised its Micron price target to a Street-high $3,000 from $2,100 and maintained a Buy rating, citing AI demand that could keep memory supply constrained through 2028. Zacks also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Positive Sentiment: Micron’s data-center SSD business is helping diversify growth: NAND revenue surged, and data-center SSDs now account for more than 70% of NAND sales. Analysts argue this mix may make earnings less cyclical. Micron: NAND Is Not One Market Anymore
• Neutral Sentiment: Micron will pay Netlist $600 million over five years to settle patent litigation and obtain a license. The agreement removes legal uncertainty but creates a material ongoing cost. Micron Technology, Netlist Settle Patent Dispute
• Neutral Sentiment: Micron is scheduled to pay its final 2026 dividend later this month, providing modest shareholder income but likely having limited influence on the stock’s daily trading.
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan, a key manufacturing hub, voted overwhelmingly to authorize a strike over bonuses. No walkout has been announced, but a failed mediation could threaten production and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s forecast for record quarterly profit has prompted mixed trading: it confirms strong memory demand but also raises concerns about increasing competition, lofty sector expectations and eventual supply normalization. Investors are also watching whether Micron’s margins have peaked.

Insider Buying and Selling

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

Micron Technology Stock Down 3.9%

MU stock traded down $42.04 during trading on Thursday, reaching $1,045.96. The stock had a trading volume of 12,208,026 shares, compared to its average volume of 41,446,934. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 1-year low of $179.61 and a 1-year high of $1,255.00. The firm has a fifty day moving average price of $972.71 and a 200 day moving average price of $836.22. The company has a market capitalization of $1.18 trillion, a P/E ratio of 14.12, a PEG ratio of 0.18 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data 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 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 quarterly revenue was up 379.1% on a year-over-year basis. During the same quarter last year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities analysts anticipate that Micron Technology, Inc. will post 175.82 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders 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 yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

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.