Micron Technology, Inc. $MU Holdings Increased by Werba Rubin Papier Wealth Management

Werba Rubin Papier Wealth Management grew its stake in Micron Technology, Inc. (NASDAQ:MU) by 76.6% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 1,568 shares of the semiconductor manufacturer’s stock after purchasing an additional 680 shares during the quarter. Werba Rubin Papier Wealth Management’s holdings in Micron Technology were worth $1,670,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in MU. Bullseye Investment Management LLC bought a new stake in Micron Technology in the second quarter valued at about $27,000. Aventus Investment Advisors Inc. acquired a new position in Micron Technology in the third quarter valued at about $30,000. Steph & Co. acquired a new position in Micron Technology in the third quarter valued at about $31,000. Montgomery Financial Services LLC bought a new position in Micron Technology during the second quarter worth about $38,000. Finally, JNBA Financial Advisors boosted 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 buying an additional 17 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $798.44 on Friday. The company has a market capitalization of $903.37 billion, a PE ratio of 10.76, a PEG ratio of 0.14 and a beta of 2.36. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. 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 stock’s fifty day simple moving average is $947.33 and its 200 day simple moving average is $762.45.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 firm had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same period in the previous year, the company posted $3.03 earnings per share. The company’s revenue for the quarter was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, research analysts predict that Micron Technology, Inc. will post 174.19 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were given a dividend of $0.15 per share. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

Insider Activity

In other news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated 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 transaction, the chief executive officer owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Scott Deboer sold 28,545 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the transaction, the insider owned 147,430 shares of the company’s stock, valued at $132,687,000. This represents a 16.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 83,545 shares of company stock worth $78,460,850 in the last 90 days. Corporate insiders own 0.24% of the company’s stock.

More Micron Technology News

Here’s some of the latest news about MU:

• Positive Sentiment: Tight supply supports memory pricing. Reports say Micron has largely sold its high-bandwidth memory production for next year, reinforcing expectations that AI-driven demand and limited supply can sustain its business. Micron high-bandwidth memory article
• Neutral Sentiment: Micron plans a $1 billion investment in Anthropic’s private placement. The move ties Micron more closely to the AI ecosystem, but the investment’s eventual returns and strategic benefits are uncertain. Micron Anthropic investment article
• Negative Sentiment: Nvidia-related uncertainty is pressuring semiconductor shares. Reports of a leadership shakeup involving CEO Jensen Huang unsettled investors because Micron’s memory-chip demand is tied partly to AI-chip and data-center growth. The concern contributed to a retreat after Wednesday’s rally. Why Micron stock pulled back

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on MU shares. KeyCorp restated an “overweight” rating on shares of Micron Technology in a research report on Thursday, October 1st. Robert W. Baird upped their price target on Micron Technology from $1,280.00 to $1,520.00 and gave the company an “outperform” rating in a research note on Monday, September 28th. Daiwa Securities Group increased their price target on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research report on Friday, July 17th. Wedbush reissued an “outperform” rating and set a $1,400.00 price objective on shares of Micron Technology in a research note on Monday, September 28th. Finally, Needham & Company LLC reissued a “buy” rating and set a $1,650.00 price objective on shares of Micron Technology in a research note on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology Company Profile

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices. Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.