Micron Technology, Inc. $MU Shares Acquired by Americana Partners LLC

Key Points

• Americana Partners increased its Micron stake by 200.1% in the third quarter, acquiring 14,464 additional shares and bringing its holdings to 21,691 shares worth approximately $23.1 million. Institutional investors collectively own 80.84% of Micron.
• Micron reported quarterly results above expectations, with EPS of $33.42 and revenue of $54.23 billion, while analysts maintained a broadly bullish outlook driven by strong AI-related memory demand and limited supply.
• Despite the positive fundamentals, Micron shares opened down 5.3% at $884.74 amid a broader semiconductor selloff. Insiders have also sold 83,545 shares worth about $78.5 million over the past three months.

Americana Partners LLC raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 200.1% during the 3rd quarter, according to its most recent filing with the SEC. The firm owned 21,691 shares of the semiconductor manufacturer's stock after acquiring an additional 14,464 shares during the period. Americana Partners LLC's holdings in Micron Technology were worth $23,103,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Gibbs Wealth Management grew its stake in Micron Technology by 52.7% in the third quarter. Gibbs Wealth Management now owns 6,041 shares of the semiconductor manufacturer's stock worth $6,435,000 after purchasing an additional 2,085 shares in the last quarter. Denali Advisors LLC purchased a new position in Micron Technology during the 2nd quarter worth $7,364,000. Castleark Management LLC bought a new stake in Micron Technology during the 1st quarter valued at $3,709,000. Oppenheimer & Co. Inc. raised its position in Micron Technology by 16.0% during 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 lifted its holdings 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 worth $4,091,000 after buying an additional 1,499 shares during the period. Hedge funds and other institutional investors own 80.84% of the company's stock.

Micron Technology News Summary

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

Insider Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the firm's stock in a transaction on 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 owned 264,503 shares of the company's stock, 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 filing with the SEC, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology 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 $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 83,545 shares of company stock worth $78,460,850 in the last three months. Corporate insiders own 0.24% of the company's stock.

Micron Technology Stock Down 5.3%

Shares of MU stock opened at $884.74 on Friday. The stock's fifty day moving average price is $978.68 and its 200 day moving average price is $744.52. Micron Technology, Inc. has a 1-year low of $192.59 and a 1-year high of $1,255.00. The company has a market cap of $1.00 trillion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 0.16 and a beta of 2.22. 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 (NASDAQ:MU - Get Free Report) last released its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating analysts' consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion during 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 firm's revenue was up 379.1% compared to the same quarter last year. During the same period last year, the business posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, research analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Analysts Set New Price Targets

Several research firms recently weighed in on MU. Raymond James Financial restated an "outperform" rating on shares of Micron Technology in a report on Thursday, October 1st. BMO Capital Markets reiterated an "outperform" rating on shares of Micron Technology in a report on Thursday, October 1st. Arete Research raised their target price on shares of Micron Technology from $852.00 to $1,500.00 and gave the company a "buy" rating in a research report on Tuesday, July 21st. Cantor Fitzgerald restated an "overweight" rating and issued a $2,000.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a "buy" rating on shares of Micron Technology in a research 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 company's stock. Based on data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $1,407.88.

Micron Technology Company 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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