Vestor Capital LLC Buys 4,329 Shares of Micron Technology, Inc. $MU

Key Points

• Vestor Capital increased its Micron stake by 1,834.3%, buying 4,329 shares in the third quarter and ending the period with 4,565 shares valued at about $4.86 million.
• Micron reported quarterly EPS of $33.42, above the $31.77 consensus, while revenue reached $54.23 billion, up 379.1% year over year.
• Insiders sold 83,545 shares worth about $78.5 million over the past three months; institutional investors own 80.84% of Micron’s stock.

Vestor Capital LLC raised its position in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 1,834.3% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 4,565 shares of the semiconductor manufacturer's stock after buying an additional 4,329 shares during the quarter. Vestor Capital LLC's holdings in Micron Technology were worth $4,862,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the company. Kestra Investment Management LLC increased its stake in Micron Technology by 38.4% during the third quarter. Kestra Investment Management LLC now owns 11,728 shares of the semiconductor manufacturer's stock valued at $12,492,000 after purchasing an additional 3,257 shares during the last quarter. Palacios Wealth Management LLC grew its position in shares of Micron Technology by 17.3% during the 3rd quarter. Palacios Wealth Management LLC now owns 1,546 shares of the semiconductor manufacturer's stock valued at $1,647,000 after buying an additional 228 shares during the last quarter. Kohmann Bosshard Financial Services LLC bought a new stake in shares of Micron Technology during the 3rd quarter valued at about $215,000. Joseph Group Capital Management grew its position in shares of Micron Technology by 11.4% during the 3rd quarter. Joseph Group Capital Management now owns 390 shares of the semiconductor manufacturer's stock valued at $415,000 after buying an additional 40 shares during the last quarter. Finally, Allspring Global Investments Holdings LLC boosted its stake in Micron Technology by 9.9% in the third quarter. Allspring Global Investments Holdings LLC now owns 557,658 shares of the semiconductor manufacturer's stock valued at $611,969,000 after acquiring an additional 50,015 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Insider Activity

In other news, 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 transaction, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Scott Deboer sold 28,545 shares of the firm'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 transaction of $25,690,500.00. Following the transaction, the insider owned 147,430 shares in the company, valued at $132,687,000. This represents a 16.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 83,545 shares of company stock worth $78,460,850 over the last three months. Corporate insiders own 0.24% of the company's stock.

Micron Technology Price Performance

Shares of MU opened at $733.15 on Tuesday. The firm has a market capitalization of $829.50 billion, a price-to-earnings ratio of 9.88, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36. The stock's fifty day moving average is $957.60 and its 200-day moving average is $756.71. Micron Technology, Inc. has a one year low of $192.59 and a one year 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 announced its 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 firm 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%. Micron Technology's revenue was up 379.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts anticipate that Micron Technology, Inc. will post 175.19 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology's dividend payout ratio is currently 0.81%.

Micron Technology News Roundup

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

• Positive Sentiment: Memory and storage stocks recovered after a sharp post-midterm sell-off, helping lift Micron. Some investors pointed to its comparatively low earnings multiple and potential buyback capacity as reasons for optimism. Micron Technology climbs amid broad tech rally
• Positive Sentiment: Recent coverage highlighted strong fundamentals: Micron’s latest quarterly revenue rose 379% year over year, and reports cited 26 take-or-pay customer agreements representing $32 billion in commitments, which could improve earnings visibility. Micron’s take-or-pay agreements
• Neutral Sentiment: Some analysts argue that fears of memory-chip competition may be overstated, while others see Micron’s recent decline as a potentially attractive entry point. These are opinions rather than new company results. Micron stock and competition concerns
• Negative Sentiment: Investors remain concerned that local opposition and restrictions on data-center projects could slow AI infrastructure spending—and, in turn, demand for memory. Those fears helped trigger last week’s sell-off. Why Micron stock gained on Monday
• Negative Sentiment: A separate report said construction of a new Micron memory plant in Taiwan was paused amid a labor dispute. If prolonged, the delay could affect capacity plans, although the article did not quantify the potential impact. Micron Taiwan plant construction halt

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on MU shares. Weiss Ratings lowered Micron Technology from a "buy (b+)" rating to a "buy (b)" rating in a research report on Tuesday, October 27th. Mizuho boosted their price target on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the company an "outperform" rating in a report on Thursday, October 1st. BMO Capital Markets restated an "outperform" rating on shares of Micron Technology in a research report on Thursday, October 1st. Seaport Research Partners reaffirmed a "buy" rating on shares of Micron Technology in a report on Friday, August 14th. Finally, Robert W. Baird lifted their price objective on shares of Micron Technology from $1,280.00 to $1,520.00 and gave the company an "outperform" rating in a research report on Monday, September 28th. One 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 company's stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $1,407.88.

Micron Technology Company 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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