Micron Technology, Inc. $MU Shares Newly Acquired by HWG Holdings LP

Key Points

• HWG Holdings LP acquired 4,492 Micron shares worth approximately $4.8 million in the third quarter, making Micron about 1.1% of its portfolio.
• Institutional investors own 80.84% of Micron, with several funds recently initiating or increasing positions, signaling continued interest from large investors.
• Micron reported record quarterly revenue of $54.23 billion and adjusted EPS of $33.42, beating estimates, while analysts maintain a broadly bullish outlook; however, executive stock sales and potential labor disruptions in Taiwan remain risks.

HWG Holdings LP purchased a new position in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 4,492 shares of the semiconductor manufacturer's stock, valued at approximately $4,784,000. Micron Technology comprises about 1.1% of HWG Holdings LP's portfolio, making the stock its 23rd biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Denali Advisors LLC acquired a new stake in shares of Micron Technology during the 2nd quarter worth approximately $7,364,000. Castleark Management LLC bought a new position in shares of Micron Technology in the first quarter valued at approximately $3,709,000. Legacy Wealth Management LLC MS raised its stake 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 in the last quarter. Oppenheimer & Co. Inc. lifted its holdings in Micron Technology by 16.0% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer's stock valued at $56,006,000 after acquiring an additional 6,702 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC boosted its holdings in Micron Technology by 2,461.4% during the second quarter. Franklin Street Advisors Inc. NC now owns 37,141 shares of the semiconductor manufacturer's stock worth $42,871,000 after buying an additional 35,691 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Zacks upgraded Micron to “Strong Buy.” The rating change reinforces the bullish view following Micron’s recent earnings beat and stronger-than-expected outlook. Micron Technology Stock Rating Upgraded by Zacks Research
• Positive Sentiment: DA Davidson raised its price target to $3,000 from $2,100 while maintaining a Buy rating. Analyst Gil Luria expects AI infrastructure spending to keep memory demand ahead of supply potentially through 2028, implying substantial long-term upside. Why Is Micron Stock Rising?
• Positive Sentiment: Micron’s record results continue to support the AI memory-supercycle thesis. Fiscal fourth-quarter revenue reached $54.23 billion and adjusted EPS was $33.42, while first-quarter fiscal 2027 guidance calls for $37.15–$39.15 of EPS. More than 75% of expected fiscal 2027 shipments are reportedly committed, improving visibility and reducing reliance on spot memory prices. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Reports highlighting Samsung’s record profit and Micron’s long-term customer agreements suggest memory suppliers may enjoy stronger pricing power and less severe boom-bust cycles. Data-center SSDs, high-bandwidth memory and AI-agent workloads are expanding Micron’s growth opportunities. Why Micron Investors Should Pay Attention to Samsung’s Record Profit
• Neutral Sentiment: Micron agreed to pay Netlist $600 million for a five-year patent license and settlement, resolving litigation but creating a sizable cash expense. Micron Technology and Netlist Settle Patent Dispute
• Negative Sentiment: A Taiwan union representing Micron workers authorized a strike over bonus negotiations. No walkout was announced, but disruption at a major manufacturing hub could threaten production and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Some analysts warn that slowing memory-price growth, potentially lower margins and Micron’s enormous prior rally leave the stock vulnerable if supply catches up with AI-driven demand. Investor Michael Burry’s reported longer-dated put positions add to the caution. Micron NAND Is Not One Market Anymore

Insider Activity at Micron Technology

In other news, 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 transaction of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction 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 completion of the sale, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 95,879 shares of company stock valued at $90,939,466. 0.24% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. DA Davidson upped their price objective on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the company a "buy" rating in a research note on Wednesday. Daiwa Securities Group lifted their price target on Micron Technology from $1,600.00 to $1,700.00 and gave the company a "buy" rating in a report on Friday, July 17th. Wedbush reissued an "outperform" rating and set a $1,400.00 target price on shares of Micron Technology in a research report on Monday, September 28th. JPMorgan Chase & Co. boosted their price objective on shares of Micron Technology from $550.00 to $1,540.00 and gave the stock an "overweight" rating in a research note on Thursday, June 25th. Finally, BMO Capital Markets reaffirmed an "outperform" 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 issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $1,407.88.

Micron Technology Stock Up 4.1%

Shares of NASDAQ MU opened at $1,088.00 on Thursday. The firm's 50-day moving average is $972.71 and its 200-day moving average is $836.22. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 1 year low of $179.61 and a 1 year high of $1,255.00. The firm has a market capitalization of $1.23 trillion, a PE ratio of 14.66, a price-to-earnings-growth ratio of 0.18 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last posted 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. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates 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 for the quarter was up 379.1% compared to the same quarter last year. During the same period in the previous year, the company earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts expect that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Announces Dividend

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

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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