Micron Technology, Inc. $MU Stock Purchased by Teamwork Financial Advisors LLC

Key Points

• Teamwork Financial Advisors increased its Micron stake by 150.1% in the third quarter, bringing its holdings to 13,771 shares valued at approximately $14.7 million. Institutional investors collectively own 80.84% of Micron’s stock.
• Micron reported quarterly EPS of $33.42, beating estimates by $1.65, while revenue reached $54.23 billion, up 379.1% year over year and above analyst expectations.
• Analysts maintain a broadly positive outlook, with a “Moderate Buy” consensus and an average price target of $1,407.88; however, investors continue to monitor competition, potential memory-price normalization, and labor risks in Taiwan.

Teamwork Financial Advisors LLC increased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 150.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 13,771 shares of the semiconductor manufacturer's stock after buying an additional 8,265 shares during the quarter. Micron Technology accounts for about 1.6% of Teamwork Financial Advisors LLC's portfolio, making the stock its 19th largest position. Teamwork Financial Advisors LLC's holdings in Micron Technology were worth $14,668,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in MU. Andar Capital Management HK Ltd raised its stake in Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock valued at $39,571,847,000 after buying an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA acquired a new stake in Micron Technology in the second quarter worth about $22,182,263,000. Legal & General Group Plc purchased a new stake in shares of Micron Technology during the second quarter worth about $8,402,393,000. Situational Awareness LP grew its stake in shares of Micron Technology by 1,149.0% during the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer's stock worth $5,573,819,000 after acquiring an additional 5,289,124 shares during the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Micron Technology during the second quarter worth about $3,761,237,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Shares of MU opened at $904.90 on Tuesday. The business's 50-day moving average is $986.76 and its two-hundred day moving average is $869.04. The company has a market capitalization of $1.02 trillion, a P/E ratio of 12.19, a P/E/G ratio of 0.15 and a beta of 2.22. Micron Technology, Inc. has a fifty-two week low of $192.40 and a fifty-two week high of $1,255.00. 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 (NASDAQ:MU - Get Free Report) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. The business had revenue of $54.23 billion during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Research analysts predict that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be 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 is Wednesday, October 14th. Micron Technology's dividend payout ratio (DPR) is currently 0.81%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Memory-chip stocks rebounded as fears of an AI-spending slowdown eased. Micron’s rally was part of a broader recovery that also lifted SanDisk and SK Hynix, suggesting sector-wide sentiment—not company-specific news alone—helped drive the move. Micron stock is rebounding today: here's why
• Positive Sentiment: Wall Street commentary indicates memory prices could continue rising through at least 2027, countering recent concerns about competition and a potential supply glut. A Chinese rival’s projected revenue boom was also interpreted as evidence of strong underlying memory demand. Why Micron Stock Bounced on Monday
• Positive Sentiment: Elon Musk described Micron as more reasonable on future memory pricing than some competitors. JPMorgan reportedly counted 26 long-term agreements and approximately $150 billion in contracted backlog, with deals covering more than one-third of projected sales through 2030. The agreements improve revenue visibility, although pricing limits some near-term upside. Musk Love: Micron Is Reasonable on Memory Prices
• Positive Sentiment: Recent coverage highlights Micron’s AI-oriented DRAM and NAND demand, robust profitability, and valuation that looks low relative to its earnings growth. Its latest reported quarter included sharply higher revenue and earnings that exceeded consensus estimates.
• Neutral Sentiment: Micron will host a technology webinar on October 21. Investors may look for updates on AI memory demand, production plans, and the company’s outlook. Micron to Host Technology Webinar on Oct. 21
• Negative Sentiment: Micron’s Taoyuan union in Taiwan voted overwhelmingly to authorize a strike, and Taiwan’s president urged the company and workers to negotiate. A work stoppage could disrupt production because Taiwan is central to Micron’s DRAM manufacturing, although negotiations may prevent a strike. A Micron Union in Taiwan Voted 99% to Authorize a Strike
• Negative Sentiment: Investors continue to weigh longer-term risks from Chinese memory-chip competition, new factory capacity, and the possibility that elevated AI demand and memory prices will eventually normalize. These concerns contributed to the stock’s recent pullback and could keep volatility high.

Insider Activity at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company'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 value of $14,014,350.00. Following the sale, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CAO Scott R. Allen sold 879 shares of the firm's stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the sale, the chief accounting officer directly owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 95,879 shares of company stock worth $90,939,466. 0.24% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

MU has been the topic of several recent analyst reports. Sanford C. Bernstein restated an "outperform" rating on shares of Micron Technology in a report on Thursday, October 1st. JPMorgan Chase & Co. lifted their target price on shares of Micron Technology from $550.00 to $1,540.00 and gave the stock an "overweight" rating in a research note on Thursday, June 25th. Daiwa Securities Group lifted their target price on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the stock a "buy" rating in a research note on Friday, July 17th. Arete Research boosted their target price on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a "buy" rating in a research report on Tuesday, July 21st. Finally, Wolfe Research set a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, June 25th. One equities research 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. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average price target of $1,407.88.

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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