Micron Technology, Inc. $MU Stock: Founders Financial Securities LLC Increases Stake

Key Points

• Founders Financial Securities increased its Micron stake by 276.5% in the third quarter, bringing its holdings to 2,564 shares valued at approximately $2.73 million. Institutional investors collectively own 80.84% of the company.
• Micron insiders sold 83,545 shares worth about $78.5 million over the past three months, including stock sales by CEO Sanjay Mehrotra and EVP Sumit Sadana.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average price target of $1,407.88. The company also exceeded quarterly earnings and revenue estimates, although its shares recently fell 5.3% amid a broader semiconductor selloff.

Founders Financial Securities LLC lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 276.5% during the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 2,564 shares of the semiconductor manufacturer's stock after buying an additional 1,883 shares during the quarter. Founders Financial Securities LLC's holdings in Micron Technology were worth $2,731,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of MU. Everett Harris & Co. CA raised its stake in Micron Technology by 34.8% during the 3rd quarter. Everett Harris & Co. CA now owns 445 shares of the semiconductor manufacturer's stock valued at $474,000 after purchasing an additional 115 shares during the period. ERn Financial LLC lifted its holdings in Micron Technology by 11.6% in the 3rd quarter. ERn Financial LLC now owns 1,032 shares of the semiconductor manufacturer's stock worth $1,099,000 after purchasing an additional 107 shares in the last quarter. Financial Solutions Advisory Group Inc. boosted its stake in Micron Technology by 22.1% in the 3rd quarter. Financial Solutions Advisory Group Inc. now owns 265 shares of the semiconductor manufacturer's stock worth $282,000 after purchasing an additional 48 shares during the period. United Asset Strategies Inc. boosted its stake in Micron Technology by 1.5% in the 3rd quarter. United Asset Strategies Inc. now owns 1,972 shares of the semiconductor manufacturer's stock worth $2,101,000 after purchasing an additional 30 shares during the period. Finally, Choreo LLC boosted its stake in Micron Technology by 4.2% in the 3rd quarter. Choreo LLC now owns 33,176 shares of the semiconductor manufacturer's stock worth $35,336,000 after purchasing an additional 1,350 shares during the period. Hedge funds and other institutional investors own 80.84% of the company's stock.

Insider Buying and Selling

In other 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 sale, 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 ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the firm's stock in a transaction that occurred 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 directly owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their position. The SEC filing for this sale provides additional information. 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.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the stock. KeyCorp reiterated an "overweight" rating on shares of Micron Technology in a research report on Thursday, October 1st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of Micron Technology in a report on Thursday, October 1st. Itau BBA Securities upped their target price on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the stock an "outperform" rating in a research report on Wednesday, July 22nd. Susquehanna reiterated a "positive" rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Robert W. Baird increased their price objective on shares of Micron Technology from $1,280.00 to $1,520.00 and gave the company an "outperform" rating in a report on Monday, September 28th. One equities research 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 stock. According to MarketBeat, Micron Technology has an average rating of "Moderate Buy" and an average target price of $1,407.88.

Micron Technology Trading Down 5.3%

MU stock opened at $884.74 on Friday. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The firm's fifty day simple moving average is $978.68 and its two-hundred day simple moving average is $744.52. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. The stock has a market capitalization of $1.00 trillion, a price-to-earnings ratio of 11.92, a price-to-earnings-growth ratio of 0.16 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating 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 quarter last year, the business posted $3.03 EPS. The firm's revenue for the quarter was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 177.03 earnings per share 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 given a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology's dividend payout ratio is currently 0.81%.

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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