Micron Technology, Inc. $MU Stock: Gen Wealth Partners Inc Lowers Position

Key Points

• Gen Wealth Partners cut its Micron stake by 49.1% in the third quarter, selling 1,400 shares and retaining 1,452; other institutional investors increased their holdings, and institutions overall own 80.84% of the stock.
• Micron reported quarterly EPS of $33.42, beating estimates of $31.77, while revenue climbed 379.1% year over year to $54.23 billion. The company guided to Q1 2027 EPS of $37.15–$39.15.
• Company insiders sold 83,545 shares worth about $78.5 million over the past 90 days. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $1,407.88.

Gen Wealth Partners Inc lowered its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 49.1% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,452 shares of the semiconductor manufacturer's stock after selling 1,400 shares during the period. Gen Wealth Partners Inc's holdings in Micron Technology were worth $1,547,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of the company. Global Wealth Management Investment Advisory Inc. boosted its holdings in Micron Technology by 2,463.7% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 6,076 shares of the semiconductor manufacturer's stock valued at $6,472,000 after purchasing an additional 5,839 shares in the last quarter. 71 West Capital Partners increased its position in Micron Technology by 5.7% during the 3rd quarter. 71 West Capital Partners now owns 6,320 shares of the semiconductor manufacturer's stock worth $6,731,000 after purchasing an additional 340 shares during the period. Welch & Forbes LLC increased its position in Micron Technology by 15.1% during the 3rd quarter. Welch & Forbes LLC now owns 2,112 shares of the semiconductor manufacturer's stock worth $2,250,000 after purchasing an additional 277 shares during the period. Nemes Rush Group LLC raised its stake in shares of Micron Technology by 14.8% during the 3rd quarter. Nemes Rush Group LLC now owns 473 shares of the semiconductor manufacturer's stock worth $504,000 after buying an additional 61 shares in the last quarter. Finally, Montis Financial LLC raised its stake in shares of Micron Technology by 15.6% during the 3rd quarter. Montis Financial LLC now owns 230 shares of the semiconductor manufacturer's stock worth $245,000 after buying an additional 31 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company's stock.

Insider Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the business's stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sumit Sadana sold 15,000 shares of the company's 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 directly owned 191,021 shares in the company, valued at $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 ninety days, insiders sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is owned by insiders.

Micron Technology Trading Up 6.3%

Shares of MU opened at $733.15 on Tuesday. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. 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 firm has a market capitalization of $829.50 billion, a P/E ratio of 9.88, a PEG ratio of 0.14 and a beta of 2.36. The firm's 50-day moving average is $957.60 and its two-hundred day moving average is $756.71.

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, 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 the consensus estimate of $51.33 billion. During the same period last year, the firm earned $3.03 EPS. The company'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. On average, research analysts predict that Micron Technology, Inc. will post 175.19 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a $0.15 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology's dividend payout ratio is currently 0.81%.

Micron Technology News Summary

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

• Positive Sentiment: Memory and storage stocks recovered after a sharp post-midterm sell-off, helping lift Micron. Some investors pointed to its comparatively low earnings multiple and potential buyback capacity as reasons for optimism. Micron Technology climbs amid broad tech rally
• Positive Sentiment: Recent coverage highlighted strong fundamentals: Micron’s latest quarterly revenue rose 379% year over year, and reports cited 26 take-or-pay customer agreements representing $32 billion in commitments, which could improve earnings visibility. Micron’s take-or-pay agreements
• Neutral Sentiment: Some analysts argue that fears of memory-chip competition may be overstated, while others see Micron’s recent decline as a potentially attractive entry point. These are opinions rather than new company results. Micron stock and competition concerns
• Negative Sentiment: Investors remain concerned that local opposition and restrictions on data-center projects could slow AI infrastructure spending—and, in turn, demand for memory. Those fears helped trigger last week’s sell-off. Why Micron stock gained on Monday
• Negative Sentiment: A separate report said construction of a new Micron memory plant in Taiwan was paused amid a labor dispute. If prolonged, the delay could affect capacity plans, although the article did not quantify the potential impact. Micron Taiwan plant construction halt

Analyst Upgrades and Downgrades

Several analysts have recently commented on MU shares. Weiss Ratings cut Micron Technology from a "buy (b+)" rating to a "buy (b)" rating in a report on Tuesday, October 27th. Wells Fargo & Company dropped their price objective on Micron Technology from $1,525.00 to $1,400.00 and set an "overweight" rating on the stock in a report on Wednesday, September 23rd. President Capital increased their price objective on Micron Technology to $1,500.00 and gave the stock a "buy" rating in a research report on Friday, July 17th. Needham & Company LLC reiterated a "buy" rating and issued a $1,650.00 price objective on shares of Micron Technology in a research report on Thursday, October 22nd. Finally, The Goldman Sachs Group set a $1,250.00 target price on Micron Technology in a report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned 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 target price of $1,407.88.

Micron Technology Company 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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