Micron Technology, Inc. $MU Stock: RKL Wealth Management LLC Trims Holdings

RKL Wealth Management LLC cut its stake in Micron Technology, Inc. (NASDAQ:MU) by 5.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 17,633 shares of the semiconductor manufacturer’s stock after selling 1,022 shares during the quarter. Micron Technology makes up approximately 1.5% of RKL Wealth Management LLC’s portfolio, making the stock its 18th largest holding. RKL Wealth Management LLC’s holdings in Micron Technology were worth $18,782,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Carroll Advisory Group LLC lifted its position in shares of Micron Technology by 19.0% in the third quarter. Carroll Advisory Group LLC now owns 325 shares of the semiconductor manufacturer’s stock valued at $347,000 after acquiring an additional 52 shares in the last quarter. Hengehold Capital Management LLC boosted its stake in shares of Micron Technology by 105.6% in the third quarter. Hengehold Capital Management LLC now owns 911 shares of the semiconductor manufacturer’s stock worth $970,000 after acquiring an additional 468 shares during the last quarter. Eagle Strategies LLC increased its position in shares of Micron Technology by 57.8% during the third quarter. Eagle Strategies LLC now owns 6,001 shares of the semiconductor manufacturer’s stock worth $6,391,000 after purchasing an additional 2,198 shares in the last quarter. McKinley Carter Wealth Services Inc. purchased a new stake in shares of Micron Technology during the third quarter worth approximately $202,000. Finally, Mosley Wealth Management raised its stake in Micron Technology by 6.1% in the 3rd quarter. Mosley Wealth Management now owns 1,471 shares of the semiconductor manufacturer’s stock valued at $1,567,000 after purchasing an additional 84 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology Trading Down 5.6%

Shares of Micron Technology stock opened at $878.84 on Friday. The stock has a market cap of $994.34 billion, a P/E ratio of 11.84, a P/E/G ratio of 0.15 and a beta of 2.22. The stock’s 50 day simple moving average is $985.88 and its 200-day simple moving average is $861.24. Micron Technology, Inc. has a 1-year low of $192.40 and a 1-year high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94.

Micron Technology (NASDAQ:MU) last posted 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 during the quarter, compared to analyst estimates of $51.33 billion. During the same period in the prior year, the business earned $3.03 earnings per share. 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. Analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is 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 0.81%.

Insiders Place Their Bets

In other Micron Technology news, CAO Scott Allen sold 879 shares of the company’s stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. This represents a 2.45% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the firm’s stock in a transaction on Tuesday, August 18th. The stock was 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. This trade represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 95,879 shares of company stock valued at $90,939,466. Insiders own 0.24% of the company’s stock.

Key Micron Technology News

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

• Positive Sentiment: Micron’s long-term outlook remains supported by tight memory supply and robust AI demand. Analysts and commentators point to expanding margins, pricing strength, high-bandwidth memory (HBM) growth, and management’s expectation that supply constraints could persist through 2028. Micron: Why You Should Buy Before Dec’26
• Positive Sentiment: Recent results exceeded expectations: fiscal fourth-quarter revenue reached approximately $54.2 billion, above the high end of management’s outlook, while full-year revenue reportedly rose to about $133.2 billion. Supporters also cite long-term customer agreements, price floors, potential share repurchases under Micron’s $35 billion authorization, and continued investment in U.S. manufacturing. Micron Stock Is 25% Below Its June Record
• Positive Sentiment: ASML’s comments that demand for advanced chipmaking equipment exceeds supply through 2028 are viewed as favorable for Micron, a major ASML customer developing next-generation HBM products. Micron also pledged $50 million to U.S. memory research, reinforcing its domestic technology and supply-chain strategy. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Several analysts continue to describe the retreat as a potential buying opportunity, citing Micron’s valuation and earnings growth. However, bullish price targets depend on memory demand remaining strong and the current pricing cycle lasting longer than expected.
• Negative Sentiment: Investors remain concerned that CXMT’s progress in DDR5, LPDDR5X, and server memory could pressure pricing and market share, particularly in conventional memory. A possible industry oversupply later this decade adds to the cyclical risk. Memory stocks are getting hammered
• Negative Sentiment: The broader AI trade is under pressure as investors question whether data-center spending can generate adequate returns and whether highly leveraged “neocloud” companies can remain viable. Higher inflation and the prospect of additional interest-rate increases are also encouraging rotation away from expensive technology stocks.
• Negative Sentiment: One senior executive sold 6,328 Micron shares on October 14. The transaction appears isolated and is small relative to the company, but it adds a modest negative signal during an already weak trading period. Monster insider trading alert for Micron stock

Analyst Upgrades and Downgrades

MU has been the topic of a number of research reports. Citigroup raised their price objective 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. BMO Capital Markets reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Susquehanna reaffirmed a “positive” rating on shares of Micron Technology in a report on Thursday, October 1st. Wolfe Research set a $1,500.00 target price on shares of Micron Technology in a report on Thursday, June 25th. Finally, UBS Group reiterated 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. 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

About Micron Technology

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.