3,700 Micron Technology, Inc. $MU Shares Bought by Mn Services Vermogensbeheer B.V.

Key Points

• Mn Services Vermogensbeheer B.V. increased its Micron stake by 1.1%, buying 3,700 additional shares for a total of 332,227 shares valued at approximately $353.9 million. Institutional investors collectively own 80.84% of Micron.
• Micron reported exceptional earnings and strong forward guidance, with quarterly revenue of $54.23 billion and EPS of $33.42, both above expectations. AI-driven demand remains a key catalyst, with more than 75% of fiscal 2027 output reportedly committed.
• Despite bullish analyst sentiment, risks remain. Shares were down 4.8%, while concerns include memory-cycle cyclicality, potential margin normalization, a Taiwan labor dispute, and significant insider selling.

Mn Services Vermogensbeheer B.V. boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 1.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 332,227 shares of the semiconductor manufacturer's stock after acquiring an additional 3,700 shares during the period. Micron Technology accounts for about 2.6% of Mn Services Vermogensbeheer B.V.'s investment portfolio, making the stock its 7th largest holding. Mn Services Vermogensbeheer B.V.'s holdings in Micron Technology were worth $353,858,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of the business. Andar Capital Management HK Ltd lifted its holdings in shares of Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA bought a new position in Micron Technology during the 2nd quarter valued at approximately $22,182,263,000. Bank of America Corp DE increased its position in Micron Technology by 26.6% during the 2nd quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer's stock valued at $11,744,621,000 after buying an additional 2,136,470 shares in the last quarter. Legal & General Group Plc purchased a new position in Micron Technology during the second quarter valued at $8,402,393,000. Finally, Wellington Management Group LLP raised its stake in Micron Technology by 28.7% during the second quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer's stock valued at $5,823,556,000 after buying an additional 1,125,414 shares during the last quarter. Institutional investors own 80.84% of the company's stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Strong earnings and forward guidance support the growth outlook. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted earnings of $33.42 per share, both ahead of expectations. Management also projected fiscal first-quarter 2027 adjusted EPS of $37.15-$39.15, implying another sequential increase. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: AI-related demand remains a major catalyst. More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. Record DRAM revenue and surging enterprise SSD demand suggest data-center customers are securing memory supply well in advance. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: Analyst support remains strong. Zacks upgraded Micron to “Strong Buy,” while D.A. Davidson raised its price target to $3,000 and maintained a Buy rating, citing a potential multiyear shortage driven by AI infrastructure spending. Micron & 2 Profitable Stocks to Buy in October for Big Upside
• Neutral Sentiment: Valuation and cyclicality remain debated. Bullish analysts view Micron’s roughly six-to-seven-times forward earnings valuation as inexpensive, but skeptics warn that margins may be near a peak and that memory prices could eventually normalize. A $600 million settlement with Netlist also removes a legal overhang but adds a material cost. Micron Technology, Netlist Settle Patent Dispute for $600 Million
• Negative Sentiment: Investors reacted negatively to weaker-than-expected AI revenue concerns. A report that OpenAI’s annualized revenue was below expectations triggered a broader selloff in AI and semiconductor stocks. Analysts said the figure may reflect reporting differences rather than a deterioration in AI demand, but the news heightened concern about crowded AI valuations. Micron, Nvidia and AI chip stocks fall as report on OpenAI's revenue causes undue concern
• Negative Sentiment: A Taiwan labor dispute adds operational risk. Workers at Micron’s major Taiwan manufacturing sites authorized a strike over bonus changes. No walkout has been announced, but a disruption could threaten production and increase costs. Micron’s Taoyuan union in Taiwan secures authorisation to strike
• Negative Sentiment: Samsung’s record profit did not reassure memory investors. Although Samsung reported sharply higher operating profit, the slower pace of growth and concerns that the memory cycle is nearing a peak reinforced fears that Micron’s exceptional earnings growth may decelerate. The Memory Trade Cools After Samsung’s Preliminary Results Disappoint

Micron Technology Stock Down 4.8%

Shares of Micron Technology stock opened at $1,035.84 on Friday. The company has a market cap of $1.17 trillion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 0.19 and a beta of 2.22. The company's 50 day moving average is $975.93 and its 200 day moving average is $840.54. Micron Technology, Inc. has a twelve month low of $179.61 and a twelve month high of $1,255.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (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 business had revenue of $54.23 billion for the quarter, compared to analysts' expectations of $51.33 billion. During the same period last year, the firm posted $3.03 earnings per share. The business'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. Research analysts anticipate that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology's dividend payout ratio is currently 0.81%.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred on 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 in the company, 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 legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction on Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares of the company's stock, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 95,879 shares of company stock worth $90,939,466. Company insiders own 0.24% of the company's stock.

Wall Street Analyst Weigh In

MU has been the topic of a number of analyst reports. KeyCorp reiterated an "overweight" rating on shares of Micron Technology in a research note on Thursday, October 1st. New Street Research upgraded shares of Micron Technology from a "neutral" rating to a "buy" rating and upped their target price for the stock from $470.00 to $1,250.00 in a research note on Friday, August 14th. Royal Bank Of Canada reiterated an "outperform" rating and set a $1,500.00 price target on shares of Micron Technology in a report on Thursday, October 1st. CLSA reissued an "outperform" rating and set a $1,700.00 price target on shares of Micron Technology in a research report on Friday, October 2nd. Finally, Deutsche Bank Aktiengesellschaft restated a "buy" rating on shares of Micron Technology in a 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 assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $1,407.88.

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.

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