Micron Technology, Inc. $MU Stock Position Trimmed by Yousif Capital Management LLC

Key Points

• Yousif Capital Management trimmed its Micron position by 1.8% in the third quarter, selling 2,074 shares and retaining 115,874 shares valued at approximately $123.4 million. Institutional investors and hedge funds collectively own 80.84% of Micron.
• Analyst sentiment remains positive: Micron has an overall “Moderate Buy” rating, including 41 Buy and one Strong Buy recommendation, with an average price target of $1,407.88.
• Insider selling adds a cautionary signal. Executives sold 83,545 shares worth roughly $78.5 million during the latest quarter, while Micron’s shares remain volatile despite stronger-than-expected earnings and substantial year-over-year revenue growth.

Yousif Capital Management LLC decreased its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 1.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 115,874 shares of the semiconductor manufacturer's stock after selling 2,074 shares during the quarter. Micron Technology accounts for about 1.4% of Yousif Capital Management LLC's investment portfolio, making the stock its 10th largest holding. Yousif Capital Management LLC's holdings in Micron Technology were worth $123,419,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of MU. Denali Advisors LLC acquired a new stake in shares of Micron Technology during the second quarter valued at about $7,364,000. Castleark Management LLC purchased a new stake in shares of Micron Technology during the first quarter worth about $3,709,000. Oppenheimer & Co. Inc. lifted its stake in shares of Micron Technology by 16.0% in the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer's stock worth $56,006,000 after acquiring an additional 6,702 shares in the last quarter. Legacy Wealth Management LLC MS lifted its stake in shares of Micron Technology by 73.3% in the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer's stock worth $4,091,000 after acquiring an additional 1,499 shares in the last quarter. Finally, Franklin Street Advisors Inc. NC lifted its stake in shares of Micron Technology by 2,461.4% in the second quarter. Franklin Street Advisors Inc. NC now owns 37,141 shares of the semiconductor manufacturer's stock worth $42,871,000 after acquiring an additional 35,691 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Analyst Ratings Changes

A number of research analysts recently commented on MU shares. ThinkEquity reissued a "buy" rating on shares of Micron Technology in a report on Monday, August 3rd. Sanford C. Bernstein restated an "outperform" rating on shares of Micron Technology in a report on Thursday, October 1st. Citigroup upped their target price on Micron Technology from $1,150.00 to $1,300.00 and gave the company a "buy" rating in a research report on Wednesday, September 23rd. Raymond James Financial reiterated an "outperform" rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reiterated a "buy" rating on shares of Micron Technology in a research note on Thursday, October 1st. One 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 company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $1,407.88.

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction that occurred on Tuesday, August 18th. The stock was 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 in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Scott Deboer sold 28,545 shares of the business's stock in a transaction that occurred on Friday, October 16th. The shares were 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 owned 147,430 shares of the company's stock, valued at $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 83,545 shares of company stock worth $78,460,850. 0.24% of the stock is currently owned by corporate insiders.

Key Micron Technology News

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

• Positive Sentiment: Improved industry sentiment: A broad rebound in semiconductor stocks lifted Micron, SK Hynix and SanDisk as investors returned to AI and memory names following a sharp pullback. Why are Micron, SK Hynix, and SanDisk stocks climbing on Friday?
• Positive Sentiment: Favorable supply dynamics: SK Hynix’s decision to abandon a planned U.S. IPO for its Solidigm flash-memory unit could reduce concerns about additional NAND supply entering the market, potentially benefiting Micron and SanDisk. Micron, Sandisk gain as SK Hynix scraps Solidigm IPO
• Positive Sentiment: Analyst and growth support: Erste Group raised its FY2028 EPS forecast to $201.26 from $199.05 and maintained a Buy rating. Analysts continue to point to Micron’s AI-driven HBM demand, improving margins and relatively low valuation as reasons for optimism. Micron earnings estimate update
• Neutral Sentiment: Strategic investment: Micron’s planned investment in U.S. critical-mineral processing supports its domestic supply-chain strategy, although the near-term financial impact is unclear. Micron critical-minerals investment
• Negative Sentiment: Technology execution risk: Micron’s next-generation memory architecture could improve data movement for AI processors, but placing more memory closer to computing units creates difficult cooling and heat-management challenges. Micron’s Next AI Memory Breakthrough Has a Cooling Problem
• Negative Sentiment: Insider selling and volatility: Recent filings show extensive insider selling with no reported open-market purchases, while technical commentary warns that the recovery remains fragile amid ongoing concerns about AI spending, interest rates and valuation.

Micron Technology Stock Performance

Shares of MU stock opened at $877.55 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. Micron Technology, Inc. has a one year low of $192.59 and a one year high of $1,255.00. The company's 50-day simple moving average is $983.61 and its 200-day simple moving average is $880.05. The stock has a market capitalization of $992.88 billion, a price-to-earnings ratio of 11.83, a PEG ratio of 0.15 and a beta of 2.22.

Micron Technology (NASDAQ:MU - Get Free Report) last posted its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping analysts' consensus estimates of $31.77 by $1.65. The business had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company's revenue for the quarter was up 379.1% compared to the same quarter last year. During the same period last year, the firm earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology's dividend payout ratio (DPR) is currently 0.81%.

About Micron Technology

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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