Micron Technology, Inc. $MU Stock Acquired by Accuvest Global Advisors

Key Points

• Accuvest Global Advisors increased its Micron stake by 456% in the third quarter, adding 1,596 shares; institutional investors collectively own 80.84% of the company.
• Micron beat quarterly earnings and revenue estimates, with revenue up 379.1% year over year, and issued first-quarter fiscal 2027 EPS guidance of $37.15–$39.15.
• Analysts maintain a “Moderate Buy” consensus, with an average price target of $1,407.88; however, company insiders sold 83,545 shares over the past three months.

Accuvest Global Advisors lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 456.0% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,946 shares of the semiconductor manufacturer's stock after buying an additional 1,596 shares during the period. Micron Technology makes up approximately 1.5% of Accuvest Global Advisors' portfolio, making the stock its 20th largest position. Accuvest Global Advisors' holdings in Micron Technology were worth $2,073,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bullseye Investment Management LLC purchased a new stake in Micron Technology in the 2nd quarter valued at about $27,000. Aventus Investment Advisors Inc. acquired a new position in shares of Micron Technology in the 3rd quarter worth approximately $30,000. Steph & Co. acquired a new position in shares of Micron Technology in the 3rd quarter worth approximately $31,000. Montgomery Financial Services LLC acquired a new position in shares of Micron Technology in the 2nd quarter worth approximately $38,000. Finally, Bfsg LLC lifted its holdings in shares of Micron Technology by 1,950.0% in the 3rd quarter. Bfsg LLC now owns 41 shares of the semiconductor manufacturer's stock worth $44,000 after acquiring an additional 39 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Stock Performance

NASDAQ MU opened at $690.00 on Monday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The firm has a market cap of $780.68 billion, a price-to-earnings ratio of 9.30, a PEG ratio of 0.12 and a beta of 2.36. The firm has a 50 day simple moving average of $961.59 and a 200-day simple moving average of $754.99. Micron Technology, Inc. has a one year low of $192.59 and a one year high of $1,255.00.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping the consensus estimate of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm's revenue for the quarter was up 379.1% on a year-over-year basis. During the same period in the prior year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities research analysts anticipate that Micron Technology, Inc. will post 175.19 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were issued 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 payout ratio is presently 0.81%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the stock. Susquehanna reaffirmed a "positive" rating on shares of Micron Technology in a research report on Thursday, October 1st. CLSA restated an "outperform" rating and set a $1,700.00 price target on shares of Micron Technology in a research note on Friday, October 2nd. Sanford C. Bernstein restated an "outperform" rating on shares of Micron Technology in a research report on Thursday, October 1st. Weiss Ratings lowered Micron Technology from a "buy (b+)" rating to a "buy (b)" rating in a research report on Tuesday, October 27th. Finally, Seaport Research Partners reaffirmed a "buy" rating on shares of Micron Technology in a research note on Friday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $1,407.88.

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

Insider Activity

In related news, insider Scott Deboer sold 28,545 shares of the company's stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider directly owned 147,430 shares of the company's stock, valued at $132,687,000. This represents a 16.22% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm's stock in a transaction that occurred on 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 transaction, the chief executive officer owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 83,545 shares of company stock valued at $78,460,850. Insiders own 0.24% of the company's stock.

Micron Technology Profile

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices.

Micron's products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.

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