Micron Technology, Inc. $MU Stock Holdings Lowered by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its Micron Technology stake by 0.8% in the third quarter, selling 1,941 shares and retaining 237,107 shares valued at approximately $252.5 million. Institutional investors collectively own 80.84% of Micron’s stock.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $1,407.88. Recent quarterly results exceeded expectations, including EPS of $33.42 versus $31.77 expected and 379.1% year-over-year revenue growth.
• Micron’s outlook is supported by strong AI-related demand for DRAM and high-bandwidth memory, though labor disputes, insider selling, new industry capacity and stretched valuations pose potential risks to margins and the stock.

Nisa Investment Advisors LLC decreased its stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 0.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 237,107 shares of the semiconductor manufacturer's stock after selling 1,941 shares during the period. Micron Technology makes up 0.7% of Nisa Investment Advisors LLC's portfolio, making the stock its 13th biggest position. Nisa Investment Advisors LLC's holdings in Micron Technology were worth $252,545,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Bullseye Investment Management LLC acquired a new position in Micron Technology during the 2nd quarter worth approximately $27,000. Aventus Investment Advisors Inc. purchased a new position in Micron Technology in the 3rd quarter worth approximately $30,000. Steph & Co. acquired a new position in shares of Micron Technology during the third quarter worth $31,000. Montgomery Financial Services LLC acquired a new position in shares of Micron Technology during the second quarter worth $38,000. Finally, JNBA Financial Advisors boosted its stake in shares of Micron Technology by 77.3% in the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer's stock valued at $45,000 after purchasing an additional 17 shares during the period. Institutional investors and hedge funds own 80.84% of the company's stock.

Wall Street Analysts Forecast Growth

MU has been the topic of several analyst reports. KeyCorp reaffirmed an "overweight" rating on shares of Micron Technology in a research note on Thursday, October 1st. Arete Research upped their price objective on shares of Micron Technology from $852.00 to $1,500.00 and gave the company a "buy" rating in a research report on Tuesday, July 21st. Wedbush restated an "outperform" rating and set a $1,400.00 target price on shares of Micron Technology in a research note on Monday, September 28th. BNP Paribas Exane lifted their target price on Micron Technology from $615.00 to $1,700.00 and gave the stock an "outperform" rating in a research report on Thursday, June 25th. Finally, Morgan Stanley reiterated an "overweight" rating and issued a $1,200.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $1,407.88.

Micron Technology News Roundup

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

• Positive Sentiment: At its technology presentation, Micron highlighted progress in DRAM, high-bandwidth memory (HBM), NAND and next-generation 3D DRAM. New products planned for 2027 and growing AI-related demand reinforce the company’s position as a key supplier to data-center and high-performance-computing customers. Micron AI-era technology presentation
• Positive Sentiment: ASML said semiconductor and memory demand could exceed supply through at least 2028. That outlook supports the bullish case for continued pricing power, elevated margins and strong demand for Micron’s memory products. ASML demand outlook
• Positive Sentiment: Recent results remain a major catalyst: Micron reported $33.42 in quarterly EPS versus a $31.77 estimate, while revenue rose 379.1% year over year. Management’s next-quarter guidance and analysts’ expectations for continued supply tightness are supporting confidence in further earnings growth.
• Positive Sentiment: Micron reached a labor-management agreement with one Taiwan union, reducing some immediate disruption risk. The company also invested in U.S. indium and critical-materials processing to strengthen supplies for advanced memory manufacturing. Micron Taiwan union agreement
• Neutral Sentiment: Institutional buying and approximately $326.9 million in reported ETF inflows point to continued investor demand, although Micron’s more than 200% year-to-date rally has increased profit-taking risk. Micron ETF buying
• Negative Sentiment: A separate Taiwan union has threatened a strike over bonuses, creating a risk of higher labor costs or production delays. In addition, an insider sold 28,545 shares for about $25.7 million, while investors remain concerned that new capacity, Chinese competitor CXMT and stretched AI valuations could eventually pressure pricing and margins. Micron insider sale

Micron Technology Trading Up 2.0%

MU opened at $913.67 on Thursday. The stock has a market capitalization of $1.03 trillion, a PE ratio of 12.31, a P/E/G ratio of 0.16 and a beta of 2.22. The firm's fifty day moving average price is $987.36 and its 200 day moving average price is $876.61. 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 12-month low of $192.40 and a 12-month high of $1,255.00.

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, topping the consensus estimate of $31.77 by $1.65. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates 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% compared to the same quarter last year. During the same period last year, the business earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, research analysts expect that Micron Technology, Inc. will post 177.03 EPS 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 given a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is presently 0.81%.

Insider Transactions at Micron Technology

In related news, insider Scott Deboer sold 28,545 shares of Micron Technology 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 transaction, the insider directly owned 147,430 shares in the company, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology 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 trade represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 123,545 shares of company stock valued at $115,750,966. Insiders own 0.24% of the company's stock.

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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