Micron Technology, Inc. $MU Holdings Boosted by RDA Financial Network

RDA Financial Network grew its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 45.7% in the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 6,990 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,194 shares during the period. Micron Technology accounts for 1.6% of RDA Financial Network’s portfolio, making the stock its 14th biggest position. RDA Financial Network’s holdings in Micron Technology were worth $7,445,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also made changes to their positions in MU. Ninety One UK Ltd increased its stake in shares of Micron Technology by 15,818.9% in the third quarter. Ninety One UK Ltd now owns 68,133 shares of the semiconductor manufacturer’s stock worth $72,569,000 after buying an additional 67,705 shares during the last quarter. Summit Financial Wealth Advisors LLC boosted its stake in Micron Technology by 5.3% during the 3rd quarter. Summit Financial Wealth Advisors LLC now owns 493 shares of the semiconductor manufacturer’s stock valued at $525,000 after acquiring an additional 25 shares during the last quarter. Trust Co. of Oklahoma boosted its stake in Micron Technology by 1.2% during the 3rd quarter. Trust Co. of Oklahoma now owns 2,219 shares of the semiconductor manufacturer’s stock valued at $2,363,000 after acquiring an additional 26 shares during the last quarter. Turtle Creek Wealth Advisors LLC boosted its stake in Micron Technology by 8.6% during the 3rd quarter. Turtle Creek Wealth Advisors LLC now owns 8,993 shares of the semiconductor manufacturer’s stock valued at $9,579,000 after acquiring an additional 715 shares during the last quarter. Finally, Purus Wealth Management LLC boosted its stake in Micron Technology by 1.4% during the 3rd quarter. Purus Wealth Management LLC now owns 814 shares of the semiconductor manufacturer’s stock valued at $867,000 after acquiring an additional 11 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Performance

MU stock opened at $931.24 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 firm has a market cap of $1.05 trillion, a P/E ratio of 12.55, a P/E/G ratio of 0.16 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $192.40 and a 12-month high of $1,255.00. The stock’s 50 day simple moving average is $985.86 and its 200 day simple moving average is $861.12.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping the consensus estimate of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm’s revenue for the quarter was up 379.1% on a year-over-year basis. During the same period last year, the business posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Announces Dividend

The firm 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 dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio is 0.81%.

Micron Technology News Summary

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

• Positive Sentiment: Micron’s fundamental outlook remains strong. Fiscal 2026 revenue reportedly rose 256% to $133.2 billion, while tight DRAM and HBM supply is supporting significant margin expansion. The company is also accelerating construction of new fabs in Idaho and New York to increase capacity. Prediction: This Is What $2,000 Invested in Micron Stock Today Could Be Worth by 2029
• Positive Sentiment: Micron has signed 26 strategic customer agreements with pricing frameworks, helping reduce the traditional memory cycle risk. Its diversified customer base also means no single customer represented at least 10% of fiscal 2026 revenue. Micron’s Customer Contracts Just Took the Memory Cycle Off the Table
• Positive Sentiment: Analysts and commentators continue to identify MU as a buy-the-dip opportunity, citing AI-driven revenue growth, expanding margins and a lower valuation than some peers. Erste Group also raised its FY2027 earnings estimate, while Rosenblatt reaffirmed a Buy rating.
• Positive Sentiment: Elon Musk praised Micron’s approach to future memory pricing, and strong demand for AI infrastructure is expected to support high-value HBM shipments. ASML’s reported order backlog through 2030 also reinforces the long-term equipment and HBM demand outlook. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Micron’s market capitalization is trailing several large companies, including Eli Lilly and Berkshire Hathaway, highlighting both the stock’s substantial rally and the possibility that investors are reassessing its valuation after recent volatility.
• Negative Sentiment: The principal overhang is China’s ChangXin Memory Technologies (CXMT), which is advancing in DDR5, LPDDR5X and server-memory products. Investors fear that Chinese competition could pressure prices and margins, although analysts note CXMT currently appears more competitive in lower-end memory than in Micron’s premium HBM products.
• Negative Sentiment: A broader AI and semiconductor sell-off, concerns about a possible memory oversupply by 2029, higher inflation and potential interest-rate increases have contributed to recent selling. Cathie Wood’s warning that memory-chip cycles remain “vicious” underscores the risk that today’s exceptional profits may not persist.

Insiders Place Their Bets

In other news, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction dated 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 directly owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. The trade was a 2.45% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’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 sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 95,879 shares of company stock valued at $90,939,466. Company insiders own 0.24% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Phillip Securities raised their price objective on shares of Micron Technology from $530.00 to $1,870.00 and gave the stock a “buy” rating in a report on Monday, June 29th. Itau BBA Securities upped their target price on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. BNP Paribas Exane increased their price target on shares of Micron Technology from $615.00 to $1,700.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. President Capital increased their price target on shares of Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Finally, Royal Bank Of Canada reiterated an “outperform” rating and issued a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Profile

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.