Cadent Capital Advisors LLC Purchases 2,296 Shares of Micron Technology, Inc. $MU

Key Points

• Cadent Capital Advisors increased its Micron Technology position by 224.2% in the third quarter, purchasing 2,296 additional shares and bringing its holdings to 3,320 shares valued at approximately $3.54 million.
• Micron reported quarterly earnings of $33.42 per share on $54.23 billion in revenue, exceeding analyst expectations, while revenue surged 379.1% year over year. The company issued fiscal Q1 2027 EPS guidance of $37.15–$39.15.
• Institutional investors own 80.84% of Micron, although company insiders have recently sold shares, including transactions by the CEO and an executive vice president. The company also declared a quarterly dividend of $0.15 per share.

Cadent Capital Advisors LLC grew its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 224.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 3,320 shares of the semiconductor manufacturer's stock after acquiring an additional 2,296 shares during the period. Cadent Capital Advisors LLC's holdings in Micron Technology were worth $3,536,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of MU. Andar Capital Management HK Ltd boosted its stake in Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock worth $39,571,847,000 after purchasing an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA acquired a new stake in shares of Micron Technology in the second quarter valued at $22,182,263,000. Bank of America Corp DE raised its holdings in shares of Micron Technology by 26.6% in the second 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 during the last quarter. Invesco Ltd. raised its holdings in shares of Micron Technology by 1.6% in the fourth quarter. Invesco Ltd. now owns 9,777,239 shares of the semiconductor manufacturer's stock valued at $2,790,522,000 after buying an additional 155,073 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in Micron Technology during the 2nd quarter worth about $8,402,393,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Trading Down 0.6%

Shares of Micron Technology stock traded down $6.37 during trading on Friday, reaching $1,029.47. 12,269,431 shares of the company were exchanged, compared to its average volume of 41,387,289. The business has a 50-day moving average price of $975.93 and a 200-day moving average price of $840.54. The firm has a market capitalization of $1.16 trillion, a price-to-earnings ratio of 13.87, a P/E/G ratio of 0.19 and a beta of 2.22. 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, Inc. has a twelve month low of $179.61 and a twelve month high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to analysts' expectations of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The company's revenue was up 379.1% compared to the same quarter last year. During the same quarter last year, the business earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Sell-side analysts anticipate that Micron Technology, Inc. will post 175.82 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Buying and Selling at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of the firm's stock in a transaction on 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 sale, the executive vice president 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction dated Friday, August 21st. The shares were 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 of the company's stock, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 95,879 shares of company stock valued at $90,939,466. Corporate insiders own 0.24% of the company's stock.

More Micron Technology News

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

• Positive Sentiment: AI memory demand remains the central bullish catalyst. Analysts and investors argue that data-center expansion, high-bandwidth memory (HBM) and emerging “agentic AI” workloads could keep demand ahead of supply through 2027–2028. More than 75% of Micron’s fiscal 2027 shipments are reportedly committed, while customers are already discussing allocations for 2028. Micron: Bears Are Fighting Physics With Spreadsheets
• Positive Sentiment: Recent earnings and guidance support continued profit growth. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted EPS of $33.42, well above the prior year. Management’s fiscal Q1 2027 outlook calls for $60 billion–$63 billion in revenue and $37.15–$39.15 in adjusted EPS. Supporters believe strategic customer agreements and client deposits make the business less vulnerable to a traditional memory downturn. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Analyst sentiment has improved. Zacks upgraded Micron to “strong buy,” while D.A. Davidson raised its price target to $3,000, citing sustained AI demand and constrained memory supply. These targets are highly bullish and help explain buying interest during pullbacks. Micron Technology Stock Rating Upgraded by Zacks Research
• Neutral Sentiment: Trading is choppy after an exceptional run. Micron has gained substantially over the past year, leaving investors focused on whether future earnings can justify the valuation. The stock remains above its 50-day and 200-day moving averages, but major gains may require another earnings beat or clearer evidence that supply will remain tight. Micron Stock Is Range-Bound in Choppy AI Trade
• Negative Sentiment: Broader concerns are weighing on the shares. A report suggesting OpenAI’s annualized revenue was below expectations triggered selling across AI-related stocks, although analysts said the comparison may reflect reporting differences rather than weaker AI demand. Samsung’s record profit also highlighted concerns that memory-price and earnings growth could be slowing. Micron, Nvidia and AI Chip Stocks Fall
• Negative Sentiment: Labor disruption is an additional risk. Workers at Micron’s major Taiwan DRAM facility overwhelmingly authorized a strike amid a bonus dispute. A work stoppage could disrupt production, increase costs or complicate efforts to meet already-committed customer demand. Micron Taiwan Union Strike Authorization

Wall Street Analyst Weigh In

Several research firms have weighed in on MU. Barclays raised their price objective on shares of Micron Technology from $1,175.00 to $2,000.00 and gave the company an "overweight" rating in a research report on Thursday, June 25th. KeyCorp restated an "overweight" rating on shares of Micron Technology in a research report on Thursday, October 1st. New Street Research upgraded Micron Technology from a "neutral" rating to a "buy" rating and increased their price objective for the company from $470.00 to $1,250.00 in a research report on Friday, August 14th. William Blair set a $1,300.00 target price on Micron Technology in a research report on Thursday, October 1st. Finally, Arete Research lifted their price objective on Micron Technology from $852.00 to $1,500.00 and gave the stock a "buy" rating in a research report on Tuesday, July 21st. One equities 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. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $1,407.88.

Micron Technology 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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