4,346 Micron Technology, Inc. $MU Shares Purchased by Investment Partners LTD.

Key Points

• Investment Partners LTD. nearly doubled its Micron stake in the third quarter, buying 4,346 additional shares to hold 8,793 shares worth approximately $9.4 million. Institutional investors collectively own 80.84% of Micron’s stock.
• Analysts remain broadly bullish, with one Strong Buy, 41 Buy, and four Hold ratings; the consensus rating is Moderate Buy with a price target of $1,407.88.
• Micron reported quarterly EPS of $33.42, beating estimates, while revenue rose 379.1% year over year to $54.23 billion. However, insiders sold 83,545 shares worth about $78.5 million during the quarter, and the stock was trading down 5.3% at $884.74.

Investment Partners LTD. grew its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 97.7% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 8,793 shares of the semiconductor manufacturer's stock after purchasing an additional 4,346 shares during the period. Micron Technology comprises approximately 1.4% of Investment Partners LTD.'s investment portfolio, making the stock its 19th biggest holding. Investment Partners LTD.'s holdings in Micron Technology were worth $9,366,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in MU. Bullseye Investment Management LLC acquired a new stake in Micron Technology in the 2nd quarter valued at $27,000. Aventus Investment Advisors Inc. acquired a new position in shares of Micron Technology during the 3rd quarter worth about $30,000. Steph & Co. bought a new position in shares of Micron Technology in the 3rd quarter valued at about $31,000. Montgomery Financial Services LLC bought a new position in shares of Micron Technology in the 2nd quarter valued at about $38,000. Finally, Scarborough Advisors LLC acquired a new stake in shares of Micron Technology in the first quarter valued at about $45,000. Institutional investors own 80.84% of the company's stock.

Analysts Set New Price Targets

Several analysts recently issued reports on MU shares. 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 report on Wednesday, September 23rd. Daiwa Securities Group upped their price objective on Micron Technology from $1,600.00 to $1,700.00 and gave the company a "buy" rating in a research note on Friday, July 17th. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $2,000.00 target price on shares of Micron Technology in a report on Thursday, October 1st. BMO Capital Markets reissued an "outperform" rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Susquehanna reissued a "positive" rating on shares of Micron Technology in a report on Thursday, October 1st. One equities 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 stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $1,407.88.

Insider Activity

In other news, EVP Sumit Sadana sold 15,000 shares of the firm's stock in a transaction dated Tuesday, August 18th. The stock was 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 $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 83,545 shares of company stock valued at $78,460,850. Company insiders own 0.24% of the company's stock.

Micron Technology Stock Down 5.3%

NASDAQ:MU opened at $884.74 on Friday. The firm's 50 day simple moving average is $978.68 and its 200 day simple moving average is $744.52. 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 one year low of $192.59 and a one year high of $1,255.00. The company has a market cap of $1.00 trillion, a PE ratio of 11.92, a P/E/G ratio of 0.15 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter last year, the firm earned $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 anticipate that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were paid a $0.15 dividend. The ex-dividend date of this dividend was Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology's dividend payout ratio is presently 0.81%.

Micron Technology News Roundup

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

• Positive Sentiment: Memory demand remains exceptionally strong. SK Hynix said its available memory capacity is effectively sold out through 2029, supporting expectations for sustained pricing power in DRAM, NAND and high-bandwidth memory (HBM)—markets in which Micron is a major supplier. SK Hynix Just Delivered Fantastic News for Micron
• Positive Sentiment: Several analysts remain bullish, arguing that Micron’s supply is unlikely to catch up with demand before fiscal 2028 and that HBM prices could rise significantly in 2027. Reports also cite customer agreements that have locked in much of next year’s shipments, potentially supporting record earnings and visibility. Micron Stock: Why I'm Buying, Not Panicking
• Positive Sentiment: Attractive projected earnings growth and a low forward valuation are encouraging some investors to view the recent weakness as a buying opportunity. Micron is also receiving attention as an AI beneficiary, while its inclusion among major S&P 500 ETF holdings can support recurring institutional demand. Think You Missed Out on Micron's Run? Think Again.
• Neutral Sentiment: Micron’s investment case remains highly dependent on continued AI infrastructure spending. Articles present the company as potentially resilient if AI budgets slow, but also warn that memory stocks could be among the more exposed semiconductor businesses if customers reduce or delay data-center investment. If AI Spending Slows in 2027, These Semiconductor Stocks Could Hold Up Best
• Negative Sentiment: The immediate pressure came from a wider technology and semiconductor selloff following disappointing results from Amazon and Intel. Weakness in Alphabet and Samsung also reduced risk appetite and caused investors to reassess elevated expectations for memory stocks. Why are Micron, SK Hynix and SanDisk stocks falling on Friday?
• Negative Sentiment: SanDisk’s strong earnings and raised outlook failed to prevent a sharp decline in memory shares, highlighting profit-taking and valuation concerns. Meanwhile, China’s CXMT reported a 613% revenue increase, signaling a growing competitive threat to established suppliers such as Micron over time. CXMT posts 613% jump in revenue as Micron, SanDisk shares tumble

Micron Technology Profile

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.

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