Micron Technology, Inc. $MU Holdings Lifted by Roan Capital Partners

Key Points

• Roan Capital Partners increased its Micron stake by 336% in the third quarter, buying 1,008 additional shares for a total position worth approximately $1.39 million. Institutional investors collectively own 80.84% of Micron.
• Micron reported strong quarterly results, with revenue rising 379.1% year over year to $54.23 billion and EPS of $33.42, beating analyst expectations. Management guided to fiscal first-quarter 2027 EPS of $37.15–$39.15, supported by continued AI-related memory demand.
• Wall Street remains broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $1,407.88, though concerns include potentially peaking memory margins, future supply increases, semiconductor weakness and recent insider selling.

Roan Capital Partners lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 336.0% in the third quarter, according to its most recent disclosure with the SEC. The institutional investor owned 1,308 shares of the semiconductor manufacturer's stock after buying an additional 1,008 shares during the quarter. Micron Technology comprises 1.0% of Roan Capital Partners' holdings, making the stock its 29th biggest position. Roan Capital Partners' holdings in Micron Technology were worth $1,393,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Gallagher Capital Advisors LLC acquired a new stake in shares of Micron Technology in the third quarter valued at approximately $4,168,000. Dupree Financial Group LLC increased its stake in Micron Technology by 0.8% during the 3rd quarter. Dupree Financial Group LLC now owns 5,342 shares of the semiconductor manufacturer's stock worth $5,690,000 after acquiring an additional 45 shares during the period. Armstrong Advisory Group Inc. increased its stake in Micron Technology by 6.4% during the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,660 shares of the semiconductor manufacturer's stock worth $1,768,000 after acquiring an additional 100 shares during the period. Sherry Group Inc. raised its holdings in Micron Technology by 26.8% in the 3rd quarter. Sherry Group Inc. now owns 469 shares of the semiconductor manufacturer's stock valued at $500,000 after acquiring an additional 99 shares in the last quarter. Finally, Gilpin Wealth Management LLC raised its holdings in Micron Technology by 275.0% in the 3rd quarter. Gilpin Wealth Management LLC now owns 75 shares of the semiconductor manufacturer's stock valued at $80,000 after acquiring an additional 55 shares in the last quarter. Institutional investors own 80.84% of the company's stock.

Insider Activity at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction dated 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 trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology 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 sale, the executive vice president directly 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 a total of 95,879 shares of company stock valued at $90,939,466 in the last 90 days. 0.24% of the stock is owned by corporate insiders.

Micron Technology Stock Down 0.7%

MU stock opened at $1,029.00 on Friday. The firm has a 50-day moving average price of $980.05 and a 200-day moving average price of $841.86. Micron Technology, Inc. has a 12 month low of $179.61 and a 12 month high of $1,255.00. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $1.16 trillion, a P/E ratio of 13.87, a price-to-earnings-growth ratio of 0.18 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings data 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 business had revenue of $54.23 billion during the quarter, compared to analysts' expectations of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm's quarterly revenue was up 379.1% compared to the same quarter last year. During the same period in the prior year, the company earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research analysts anticipate that Micron Technology, Inc. will post 175.82 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on MU shares. Robert W. Baird increased their target price on Micron Technology from $1,280.00 to $1,520.00 and gave the stock an "outperform" rating in a report on Monday, September 28th. Seaport Research Partners reaffirmed a "buy" rating on shares of Micron Technology in a research report on Friday, August 14th. Sanford C. Bernstein reissued an "outperform" rating on shares of Micron Technology in a report on Thursday, October 1st. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $2,000.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Finally, Bank of America increased their price target on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a research report on Tuesday, June 23rd. One 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, Micron Technology currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,407.88.

Key Micron Technology News

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

• Positive Sentiment: Analysts remain optimistic about Micron’s long-term upside. Seeking Alpha assigns the stock a Buy rating and a $1,307 base-case target, citing AI infrastructure demand, supply constraints and the possibility that MU remains undervalued even if memory prices decline by 15%. Micron: Even If Memory Prices Fall 15%, It May Still Be Undervalued
• Positive Sentiment: The bullish investment case is supported by Micron’s latest results: fiscal fourth-quarter revenue rose 379% year over year to $54.23 billion, adjusted EPS reached $33.42, and management projected fiscal first-quarter 2027 EPS of $37.15–$39.15. More than 75% of fiscal 2027 shipments are reportedly committed, improving demand visibility. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: AI-related demand remains the central catalyst. Tight high-bandwidth memory supply, expanding data-center deployments and emerging AI-agent workloads are expected to support DRAM, NAND and server-memory demand. Several reports also point to favorable earnings revisions and potential year-end strength for AI semiconductor stocks. 3 Top-Ranked Stocks Breaking Records on AI-Related Demand
• Neutral Sentiment: Micron received a Zacks upgrade to Strong Buy, while other commentary highlighted its high return on equity, strong cash flow and potential for substantially higher future earnings. However, many of the most aggressive targets are highly dependent on unusually strong memory pricing and earnings growth. Micron Technology Stock Rating Upgraded by Zacks Research
• Negative Sentiment: Near-term trading has been pressured by an options market increasingly positioned for semiconductor weakness: put volume in the SMH ETF substantially exceeded call volume, signaling hedging or bearish speculation across chip stocks. Two Massive Trades in Micron and Nvidia
• Negative Sentiment: Investors remain concerned that memory margins may be peaking and that supply will eventually catch up with demand. A weaker-than-expected interpretation of OpenAI revenue data and Samsung’s record but slower-growing profit also triggered caution toward AI and memory stocks. Micron additionally faces labor uncertainty after a Taiwan union authorized strike action over a bonus dispute. Micron, Nvidia and AI Chip Stocks Fall

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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