230,873 Micron Technology, Inc. $MU Shares Sold by International Assets Investment Management LLC

Key Points

• International Assets Investment Management cut its Micron stake by 92.5%, selling 230,873 shares in the third quarter and retaining 18,800 shares valued at about $20.6 million.
• Micron reported quarterly earnings of $33.42 per share, above the $31.77 consensus, while revenue rose 379.1% year over year to $54.23 billion; its next-quarter EPS guidance is $37.15–$39.15.
• Analyst sentiment remains broadly positive: 42 analysts rate the stock Buy or Strong Buy, and the consensus price target is $1,407.88, though the article notes uncertainty around AI-driven demand and expansion plans.

International Assets Investment Management LLC lessened its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 92.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 18,800 shares of the semiconductor manufacturer's stock after selling 230,873 shares during the period. Micron Technology comprises approximately 0.3% of International Assets Investment Management LLC's investment portfolio, making the stock its 17th largest holding. International Assets Investment Management LLC's holdings in Micron Technology were worth $20,631,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in MU. Gibbs Wealth Management boosted its stake in shares of Micron Technology by 52.7% during the 3rd quarter. Gibbs Wealth Management now owns 6,041 shares of the semiconductor manufacturer's stock worth $6,435,000 after acquiring an additional 2,085 shares in the last quarter. Denali Advisors LLC acquired a new stake in shares of Micron Technology during the 2nd quarter valued at about $7,364,000. Castleark Management LLC purchased a new position in shares of Micron Technology in the 1st quarter valued at about $3,709,000. Oppenheimer & Co. Inc. increased its stake in shares of Micron Technology by 16.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer's stock valued at $56,006,000 after purchasing an additional 6,702 shares in the last quarter. Finally, Legacy Wealth Management LLC MS increased its stake in shares of Micron Technology by 73.3% in the 2nd quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer's stock valued at $4,091,000 after purchasing an additional 1,499 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Stock Performance

Shares of NASDAQ:MU opened at $690.00 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The business's 50 day moving average price is $961.59 and its 200-day moving average price is $754.99. The firm has a market capitalization of $780.68 billion, a PE ratio of 9.30, a P/E/G ratio of 0.12 and a beta of 2.36. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating 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 during the quarter, compared to the consensus estimate of $51.33 billion. During the same period in the prior year, the company earned $3.03 EPS. The firm'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. As a group, equities research analysts expect that Micron Technology, Inc. will post 175.19 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were issued 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 is presently 0.81%.

Micron Technology News Summary

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of the firm's stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the transaction, the executive vice president directly owned 191,021 shares of the company's stock, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Scott J. Deboer sold 28,545 shares of the business's stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the transaction, the insider owned 147,430 shares in the company, valued at $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 83,545 shares of company stock valued at $78,460,850 over the last 90 days. 0.24% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on MU shares. KeyCorp reiterated an "overweight" rating on shares of Micron Technology in a research report on Thursday, October 1st. Morgan Stanley reissued an "overweight" rating and issued a $1,200.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. New Street Research upgraded Micron Technology from a "neutral" rating to a "buy" rating and boosted their price objective for the company from $470.00 to $1,250.00 in a research report on Friday, August 14th. Citigroup upped their target price on Micron Technology from $1,150.00 to $1,300.00 and gave the stock a "buy" rating in a research note on Wednesday, September 23rd. Finally, UBS Group reiterated a "buy" rating and set a $1,625.00 target price (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Micron Technology has an average rating of "Moderate Buy" and a consensus target price of $1,407.88.

Micron Technology 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.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.

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