Micron Technology, Inc. $MU Shares Sold by BDF Gestion

BDF Gestion decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 11.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 16,967 shares of the semiconductor manufacturer’s stock after selling 2,152 shares during the quarter. Micron Technology makes up about 2.5% of BDF Gestion’s investment portfolio, making the stock its 8th biggest holding. BDF Gestion’s holdings in Micron Technology were worth $18,072,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in MU. Bullseye Investment Management LLC acquired a new position in shares of Micron Technology during the 2nd quarter worth about $27,000. Aventus Investment Advisors Inc. acquired a new stake in shares of Micron Technology in the third quarter valued at about $30,000. Steph & Co. acquired a new stake in shares of Micron Technology in the third quarter valued at about $31,000. Montgomery Financial Services LLC bought a new stake in Micron Technology during the second quarter worth about $38,000. Finally, JNBA Financial Advisors raised its holdings in Micron Technology by 77.3% during the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock worth $45,000 after acquiring an additional 17 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on MU shares. Robert W. Baird increased their price target on Micron Technology from $1,280.00 to $1,520.00 and gave the company an “outperform” rating in a research report on Monday, September 28th. Raymond James Financial reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research report on Thursday, October 1st. HSBC upped their price objective on Micron Technology from $1,100.00 to $1,700.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Finally, Wedbush reissued an “outperform” rating and issued a $1,400.00 price objective on shares of Micron Technology in a report on Monday, September 28th. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Stock Performance

NASDAQ MU traded up $29.10 during trading on Monday, reaching $907.94. 15,112,178 shares of the company’s stock were exchanged, compared to its average volume of 41,008,609. The business has a 50 day moving average price of $985.88 and a 200-day moving average price of $865.04. The stock has a market capitalization of $1.03 trillion, a P/E ratio of 12.23, a PEG ratio of 0.15 and a beta of 2.22. 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, Inc. has a fifty-two week low of $192.40 and a fifty-two week high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate 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 the consensus estimate of $51.33 billion. During the same period in the previous year, the company 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. Sell-side analysts forecast that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be paid 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 dividend payout ratio (DPR) is currently 0.81%.

Insider Buying and Selling

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the 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 transaction, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the 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 in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 95,879 shares of company stock valued at $90,939,466. Company insiders own 0.24% of the company’s stock.

Micron Technology News Roundup

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

• Positive Sentiment: Memory stocks are leading a broader technology rebound as fears of an AI-spending slowdown ease. Micron shares are recovering alongside SanDisk and SK Hynix after last week’s sell-off. Memory Stocks Rally as Tech Selloff Unwinds
• Positive Sentiment: Wall Street commentary has turned more constructive, with expectations that memory prices will continue rising through at least 2027. This supports Micron’s pricing power and near-term earnings outlook. Why Micron Stock Bounced on Monday
• Positive Sentiment: Analysts and investors continue to highlight strong AI-data-center demand for Micron’s advanced DRAM and NAND products, long-term customer agreements, and substantial coverage of future shipments. Recent results also showed sharply higher revenue and operating profitability. Micron: The Undisputed King of Memory Chips
• Positive Sentiment: Micron’s scheduled technology webinar on October 21 could provide additional detail on product development, AI-related demand, and the company’s technology roadmap. Micron to Host Technology Webinar
• Neutral Sentiment: Micron remains viewed as attractively valued on current earnings, but investors are questioning how long unusually elevated memory profits can last because the industry is historically cyclical. Prediction for Micron’s Stock Price
• Negative Sentiment: A Taiwan-based Micron union voted overwhelmingly to authorize a strike. Because Taiwan is central to Micron’s DRAM production, an actual work stoppage could create operational and supply risks, although no strike has been announced. Micron Taiwan Union Strike Authorization
• Negative Sentiment: Investors remain concerned that China’s expanding memory-chip capacity could eventually increase supply and pressure Micron’s margins, particularly from 2028 onward. Micron and Chinese Memory Competition

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.