Micron Technology, Inc. $MU Stake Increased by Grant Private Wealth Management Inc

Key Points

• Grant Private Wealth Management increased its Micron stake by 48% in the third quarter to 4,740 shares valued at approximately $5.05 million. Institutional investors collectively own 80.84% of Micron.
• Micron reported quarterly EPS of $33.42 and revenue of $54.23 billion, exceeding analyst expectations, with revenue up 379.1% year over year. The company also issued first-quarter 2027 EPS guidance of $37.15–$39.15.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus rating and an average price target of $1,407.88, though investors face risks from potential memory oversupply, Chinese competition and broader pressure on AI-related technology stocks.

Grant Private Wealth Management Inc raised its holdings in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 48.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,740 shares of the semiconductor manufacturer's stock after purchasing an additional 1,537 shares during the period. Micron Technology makes up about 2.2% of Grant Private Wealth Management Inc's portfolio, making the stock its 11th largest holding. Grant Private Wealth Management Inc's holdings in Micron Technology were worth $5,048,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of the business. Andar Capital Management HK Ltd raised its position in shares of 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 valued at $39,571,847,000 after buying an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA bought a new stake in shares of Micron Technology in the second quarter valued at approximately $22,182,263,000. Bank of America Corp DE boosted its stake 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 period. Legal & General Group Plc bought a new stake in shares of Micron Technology in the second quarter valued at approximately $8,402,393,000. Finally, Wellington Management Group LLP grew its position in Micron Technology by 28.7% during the second quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer's stock worth $5,823,556,000 after buying an additional 1,125,414 shares in the last quarter. Institutional investors own 80.84% of the company's stock.

Micron Technology Price Performance

NASDAQ MU opened at $878.84 on Monday. The business has a fifty day moving average price of $985.88 and a two-hundred day moving average price of $865.04. 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, Inc. has a fifty-two week low of $192.40 and a fifty-two week high of $1,255.00. The stock has a market capitalization of $994.34 billion, a PE ratio of 11.84, a PEG ratio of 0.15 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same quarter last year, the company posted $3.03 EPS. The company'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. Equities analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders 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 annualized dividend and a dividend yield of 0.1%. Micron Technology's dividend payout ratio is 0.81%.

Insider Activity at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company's 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 owned 264,503 shares of the company's stock, valued at $256,276,956.70. This represents a 13.14% decrease in their position. The sale 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 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 completion of 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 SEC filing for this sale provides additional information. 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.

Key Micron Technology News

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

• Positive Sentiment: Micron’s long-term outlook remains supported by tight memory supply and robust AI demand. Analysts and commentators point to expanding margins, pricing strength, high-bandwidth memory (HBM) growth, and management’s expectation that supply constraints could persist through 2028. Micron: Why You Should Buy Before Dec'26
• Positive Sentiment: Recent results exceeded expectations: fiscal fourth-quarter revenue reached approximately $54.2 billion, above the high end of management’s outlook, while full-year revenue reportedly rose to about $133.2 billion. Supporters also cite long-term customer agreements, price floors, potential share repurchases under Micron’s $35 billion authorization, and continued investment in U.S. manufacturing. Micron Stock Is 25% Below Its June Record
• Positive Sentiment: ASML’s comments that demand for advanced chipmaking equipment exceeds supply through 2028 are viewed as favorable for Micron, a major ASML customer developing next-generation HBM products. Micron also pledged $50 million to U.S. memory research, reinforcing its domestic technology and supply-chain strategy. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Several analysts continue to describe the retreat as a potential buying opportunity, citing Micron’s valuation and earnings growth. However, bullish price targets depend on memory demand remaining strong and the current pricing cycle lasting longer than expected.
• Negative Sentiment: Investors remain concerned that CXMT’s progress in DDR5, LPDDR5X, and server memory could pressure pricing and market share, particularly in conventional memory. A possible industry oversupply later this decade adds to the cyclical risk. Memory stocks are getting hammered
• Negative Sentiment: The broader AI trade is under pressure as investors question whether data-center spending can generate adequate returns and whether highly leveraged “neocloud” companies can remain viable. Higher inflation and the prospect of additional interest-rate increases are also encouraging rotation away from expensive technology stocks.
• Negative Sentiment: One senior executive sold 6,328 Micron shares on October 14. The transaction appears isolated and is small relative to the company, but it adds a modest negative signal during an already weak trading period. Monster insider trading alert for Micron stock

Analysts Set New Price Targets

A number of research firms have commented on MU. KeyCorp restated an "overweight" rating on shares of Micron Technology in a research note on Thursday, October 1st. Sanford C. Bernstein reiterated an "outperform" rating on shares of Micron Technology in a research report on Thursday, October 1st. Susquehanna reiterated a "positive" rating on shares of Micron Technology in a research report on Thursday, October 1st. Needham & Company LLC reissued a "buy" rating and set a $1,650.00 target price on shares of Micron Technology in a report on Thursday, October 1st. Finally, Zacks Research upgraded Micron Technology from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, October 6th. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the company's stock. According to data from MarketBeat, Micron Technology 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 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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