Micron Technology, Inc. $MU Shares Sold by Global Assets Advisory LLC

Key Points

• Global Assets Advisory LLC reduced its Micron stake by 29% in the third quarter, selling 1,205 shares and retaining 2,954 shares valued at approximately $3.14 million. Institutional investors and hedge funds collectively own 80.84% of Micron.
• Micron reported quarterly EPS of $33.42, beating estimates of $31.77, while revenue rose 379.1% year over year to $54.23 billion. Strong AI-related memory demand and constrained industry supply are supporting an optimistic outlook, though the company remains exposed to any slowdown in AI infrastructure spending.
• Wall Street maintains a bullish stance, with a consensus “Moderate Buy” rating and an average price target of $1,407.88. Insiders sold $78.5 million of shares over the past 90 days, while Micron continues to pay a $0.15 quarterly dividend.

Global Assets Advisory LLC cut its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 29.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,954 shares of the semiconductor manufacturer's stock after selling 1,205 shares during the quarter. Global Assets Advisory LLC's holdings in Micron Technology were worth $3,144,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in MU. Andar Capital Management HK Ltd increased its holdings in shares of Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after acquiring an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA acquired a new stake in Micron Technology in the 2nd quarter worth approximately $22,182,263,000. Bank of America Corp DE boosted its stake in Micron Technology by 26.6% in the 2nd quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer's stock worth $11,744,621,000 after purchasing an additional 2,136,470 shares in the last quarter. Legal & General Group Plc purchased a new stake in Micron Technology during the 2nd quarter worth approximately $8,402,393,000. Finally, Dimensional Fund Advisors LP grew its position in Micron Technology by 1.3% during the 1st quarter. Dimensional Fund Advisors LP now owns 6,967,065 shares of the semiconductor manufacturer's stock worth $2,352,282,000 after purchasing an additional 86,488 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Insider Buying and Selling

In related news, insider Scott Deboer sold 28,545 shares of the firm's stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the transaction, the insider owned 147,430 shares of the company's stock, valued at $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the business's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the transaction, the executive vice president owned 191,021 shares of the company's stock, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 83,545 shares of company stock valued at $78,460,850 over the last 90 days. Insiders own 0.24% of the company's stock.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $884.74 on Friday. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. The company's 50 day moving average is $978.68 and its 200 day moving average is $744.52. 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 company has a market cap of $1.00 trillion, a PE ratio of 11.92, a price-to-earnings-growth ratio of 0.15 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly 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. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. During the same period last year, the firm posted $3.03 EPS. Micron Technology's revenue for the quarter was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, sell-side analysts forecast that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a dividend of $0.15 per share. 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 0.81%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the stock. Wedbush restated an "outperform" rating and set a $1,400.00 price target on shares of Micron Technology in a research note on Monday, September 28th. Morgan Stanley reiterated an "overweight" rating and set a $1,200.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Itau BBA Securities boosted their price objective on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the company an "outperform" rating in a report on Wednesday, July 22nd. Needham & Company LLC reissued a "buy" rating and issued a $1,650.00 target price on shares of Micron Technology in a research report on Thursday, October 22nd. Finally, Weiss Ratings lowered Micron Technology from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $1,407.88.

More Micron Technology News

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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