Micron Technology, Inc. $MU Stock: Machina Capital S.A.S. Trims Holdings

Machina Capital S.A.S. cut its stake in Micron Technology, Inc. (NASDAQ:MU) by 72.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,170 shares of the semiconductor manufacturer’s stock after selling 3,069 shares during the quarter. Machina Capital S.A.S.’s holdings in Micron Technology were worth $1,246,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. DSG Capital Advisors LLC raised its holdings in shares of Micron Technology by 39.7% during the third quarter. DSG Capital Advisors LLC now owns 2,260 shares of the semiconductor manufacturer’s stock valued at $2,407,000 after acquiring an additional 642 shares during the last quarter. Davis Investment Partners LLC lifted its position in shares of Micron Technology by 5.4% in the third quarter. Davis Investment Partners LLC now owns 313 shares of the semiconductor manufacturer’s stock valued at $333,000 after acquiring an additional 16 shares in the last quarter. Illinois Municipal Retirement Fund boosted its stake in shares of Micron Technology by 21.4% in the third quarter. Illinois Municipal Retirement Fund now owns 58,149 shares of the semiconductor manufacturer’s stock worth $61,935,000 after acquiring an additional 10,267 shares during the last quarter. Northbridge Financial Group LLC boosted its stake in shares of Micron Technology by 22.3% in the third quarter. Northbridge Financial Group LLC now owns 471 shares of the semiconductor manufacturer’s stock worth $492,000 after acquiring an additional 86 shares during the last quarter. Finally, Brooklyn FI LLC acquired a new stake in shares of Micron Technology in the third quarter worth approximately $759,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Micron Technology news, insider Scott Deboer sold 28,545 shares of Micron Technology stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the transaction, the insider directly owned 147,430 shares of the company’s stock, valued at $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the business’s 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 owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 83,545 shares of company stock valued at $78,460,850 over the last ninety days. Company insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the subject of several research reports. Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Raymond James Financial restated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. William Blair set a $1,300.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. New Street Research raised shares of Micron Technology from a “neutral” rating to a “buy” rating and lifted their target price for the stock from $470.00 to $1,250.00 in a research note on Friday, August 14th. Finally, Sanford C. Bernstein restated an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Key Headlines Impacting Micron Technology

Here are a few of the latest headlines 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
• Neutral Sentiment: Micron announced participation in upcoming investor events, with no major new financial outlook disclosed in the report. Micron investor events announcement

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $798.44 on Friday. The business’s 50 day moving average price is $947.33 and its 200 day moving average price is $762.45. The company has a market cap of $903.37 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 0.14 and a beta of 2.36. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. Micron Technology, Inc. has a one year low of $192.59 and a one year high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly 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. The business had revenue of $54.23 billion for 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%. The company’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.03 EPS. 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 company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date was Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

About Micron Technology

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.