Micron Technology, Inc. $MU Stock Purchased by Linden Rose Investment LLC

Key Points

• Linden Rose Investment LLC increased its Micron stake by 9.4% in the third quarter, adding 2,345 shares to own 27,326 shares valued at about $29.1 million. Micron represents roughly 25.1% of the firm’s portfolio.
• Analyst sentiment is broadly positive: 41 analysts rate Micron a Buy and one rates it a Strong Buy, with a consensus “Moderate Buy” rating and average price target of $1,407.88. Wells Fargo lowered its target, while DA Davidson raised its target to $3,000.
• Micron beat quarterly earnings and revenue estimates, reporting EPS of $33.42 and revenue of $54.23 billion; revenue rose 379.1% year over year. Strong memory demand, particularly from AI, supports the outlook, though concerns about data-center restrictions and a pause in Taiwan facility construction remain risks.

Linden Rose Investment LLC raised its position in Micron Technology, Inc. (NASDAQ:MU - Free Report) by 9.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 27,326 shares of the semiconductor manufacturer's stock after purchasing an additional 2,345 shares during the quarter. Micron Technology makes up approximately 25.1% of Linden Rose Investment LLC's holdings, making the stock its 3rd biggest position. Linden Rose Investment LLC's holdings in Micron Technology were worth $29,105,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Bullseye Investment Management LLC acquired a new position in Micron Technology in the second quarter worth approximately $27,000. Aventus Investment Advisors Inc. acquired a new stake in Micron Technology in the third quarter valued at approximately $30,000. Steph & Co. acquired a new stake in Micron Technology in the third quarter valued at approximately $31,000. Montgomery Financial Services LLC bought a new stake in Micron Technology in the second quarter worth approximately $38,000. Finally, JNBA Financial Advisors grew its position in Micron Technology by 77.3% in the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer's stock worth $45,000 after acquiring an additional 17 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. TD Cowen restated a "buy" rating and set a $1,600.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. DA Davidson upped their price objective on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the stock a "buy" rating in a report on Wednesday, October 7th. New Street Research raised shares of Micron Technology from a "neutral" rating to a "buy" rating and increased their target price for the stock from $470.00 to $1,250.00 in a research report on Friday, August 14th. Royal Bank Of Canada restated an "outperform" rating and set a $1,500.00 target price on shares of Micron Technology in a report on Thursday, October 1st. Finally, Wells Fargo & Company reduced their price target on Micron Technology from $1,525.00 to $1,400.00 and set an "overweight" rating for the company in a research report on Wednesday, September 23rd. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $1,407.88.

Insider Activity at Micron Technology

In other news, insider Scott J. Deboer sold 28,545 shares of the company's stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the transaction, the insider directly owned 147,430 shares in the company, valued at $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred 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 of the company's stock, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 in the last 90 days. 0.24% of the stock is owned by company insiders.

Key Headlines Impacting Micron Technology

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

Micron Technology Stock Performance

NASDAQ:MU traded up $33.61 during midday trading on Friday, reaching $690.00. The stock had a trading volume of 44,738,293 shares, compared to its average volume of 26,678,026. The stock has a market capitalization of $780.68 billion, a P/E ratio of 9.30, a PEG ratio of 0.14 and a beta of 2.36. Micron Technology, Inc. has a 1-year low of $192.59 and a 1-year high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The firm's fifty day simple moving average is $961.59 and its 200-day simple moving average is $754.99.

Micron Technology (NASDAQ:MU - Get Free Report) last released 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. The company had revenue of $54.23 billion during the quarter, compared to analysts' expectations of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business's quarterly revenue was up 379.1% compared to the same quarter last year. During the same period in the prior year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts forecast that Micron Technology, Inc. will post 175.19 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were paid a dividend of $0.15 per share. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology's dividend payout ratio is presently 0.81%.

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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