Motley Fool Asset Management LLC Purchases New Holdings in Micron Technology, Inc. $MU

Key Points

• Motley Fool Asset Management purchased 78,433 Micron shares worth approximately $83.5 million, making MU its seventh-largest portfolio holding at 3.2%. Institutional investors collectively own 80.84% of the company.
• Micron reported strong results, with quarterly revenue up 379.1% year over year to $54.23 billion and EPS of $33.42, beating estimates. Robust AI-related memory demand and industry shortages are supporting the company’s outlook, including Q1 fiscal 2027 EPS guidance of $37.15–$39.15.
• Analysts maintain a broadly bullish view, with a consensus “Moderate Buy” rating and a $1,407.88 price target, though investors face risks from memory-market cyclicality, elevated volatility, and recent insider selling.

Motley Fool Asset Management LLC purchased a new stake in Micron Technology, Inc. (NASDAQ:MU - Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 78,433 shares of the semiconductor manufacturer's stock, valued at approximately $83,540,000. Micron Technology makes up about 3.2% of Motley Fool Asset Management LLC's portfolio, making the stock its 7th biggest position.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Gibbs Wealth Management boosted its stake in shares of Micron Technology by 52.7% during the 3rd quarter. Gibbs Wealth Management now owns 6,041 shares of the semiconductor manufacturer's stock valued at $6,435,000 after buying an additional 2,085 shares during the period. Denali Advisors LLC acquired a new stake in Micron Technology during the second quarter valued at $7,364,000. Castleark Management LLC acquired a new position in Micron Technology in the 1st quarter worth about $3,709,000. Oppenheimer & Co. Inc. lifted its holdings in shares of Micron Technology by 16.0% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer's stock valued at $56,006,000 after buying an additional 6,702 shares during the last quarter. Finally, Legacy Wealth Management LLC MS grew its stake in shares of Micron Technology by 73.3% in the 2nd quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer's stock valued at $4,091,000 after buying an additional 1,499 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

Micron Technology Trading Up 5.9%

Shares of MU stock opened at $983.23 on Thursday. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. The company has a market cap of $1.11 trillion, a PE ratio of 13.25, a price-to-earnings-growth ratio of 0.15 and a beta of 2.22. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The business's 50 day moving average is $980.53 and its two-hundred day moving average is $738.88.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Announces Dividend

The firm 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 $0.15 dividend. This represents a $0.60 annualized dividend and a dividend 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%.

Key Micron Technology News

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

• Positive Sentiment: SK Hynix points to sustained shortages. The South Korean memory maker reported a 632% year-over-year increase in operating profit and said its DRAM and high-bandwidth memory (HBM) capacity is effectively sold out through 2029. Management expects demand to exceed supply through 2030, a bullish read-through for Micron’s AI-focused HBM and broader DRAM businesses. Micron Stock Rises as SK Hynix Says DRAM and HBM Sold Out Through 2029
• Positive Sentiment: Micron’s own results show powerful momentum. The company recently reported quarterly revenue of $54.23 billion, up 379% from the prior year, and earnings of $33.42 per share, beating estimates. Its Q1 fiscal 2027 EPS guidance of $37.15 to $39.15 provides further evidence that the memory upcycle remains strong. Why Micron Stock Is Up Today
• Positive Sentiment: Valuation remains attractive to some investors. Articles note that Micron trades at a forward P/E below 6 after retreating from its June peak, while analysts and commentators including Jim Cramer view MU as a potential major beneficiary of the AI memory boom.
• Neutral Sentiment: Additional demand catalysts are emerging. Forecasts that robotics and physical AI could require substantially more memory support Micron’s long-term growth case, although these opportunities remain speculative and are not yet a material revenue driver.
• Negative Sentiment: Investors still face cyclical and valuation risks. Memory shortages can eventually reverse, potentially pressuring prices and profits. Micron’s recent pullback, elevated volatility, and close trading correlation with SK Hynix also leave the stock vulnerable if AI spending or supply-demand conditions weaken.

Analyst Ratings Changes

MU has been the subject of a number of analyst reports. Weiss Ratings cut shares of Micron Technology from a "buy (b+)" rating to a "buy (b)" rating in a research note on Tuesday. Citigroup raised their price target on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the company a "buy" rating in a report on Wednesday, September 23rd. TD Cowen reaffirmed a "buy" rating and issued a $1,600.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Susquehanna reiterated a "positive" rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Cantor Fitzgerald reissued an "overweight" rating and set a $2,000.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $1,407.88.

Insider Transactions at Micron Technology

In other 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 transaction, the insider directly owned 147,430 shares in the company, valued at approximately $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the business's stock in a transaction dated 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 transaction, 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 position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 83,545 shares of company stock worth $78,460,850. Company insiders own 0.24% of the company's stock.

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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