705 Micron Technology, Inc. $MU Shares Acquired by Kieckhefer Group LLC

Kieckhefer Group LLC increased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 46.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 2,230 shares of the semiconductor manufacturer’s stock after buying an additional 705 shares during the period. Micron Technology accounts for 1.0% of Kieckhefer Group LLC’s investment portfolio, making the stock its 17th biggest position. Kieckhefer Group LLC’s holdings in Micron Technology were worth $2,375,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of MU. M.E. Allison & CO. Inc. raised its stake in shares of Micron Technology by 0.8% during the 2nd quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock valued at $1,528,000 after purchasing an additional 11 shares during the period. Ables Iannone Moore & Associates Inc. lifted its holdings in Micron Technology by 5.3% during the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock worth $252,000 after purchasing an additional 12 shares in the last quarter. Cherrydale Wealth Management LLC lifted its holdings in Micron Technology by 1.4% during the 2nd quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock worth $1,122,000 after purchasing an additional 13 shares in the last quarter. Bellevue Asset Management LLC boosted its stake in Micron Technology by 25.5% in the 2nd quarter. Bellevue Asset Management LLC now owns 64 shares of the semiconductor manufacturer’s stock worth $74,000 after purchasing an additional 13 shares during the period. Finally, Mowery & Schoenfeld Wealth Management LLC boosted its stake in Micron Technology by 8.8% in the 2nd quarter. Mowery & Schoenfeld Wealth Management LLC now owns 161 shares of the semiconductor manufacturer’s stock worth $186,000 after purchasing an additional 13 shares during the period. 80.84% of the stock is owned by institutional investors.

Micron Technology Stock Down 5.2%

MU stock traded down $51.03 during midday trading on Tuesday, hitting $938.01. The stock had a trading volume of 18,435,097 shares, compared to its average volume of 41,219,633. The firm has a market cap of $1.06 trillion, a price-to-earnings ratio of 12.64, a price-to-earnings-growth ratio of 0.18 and a beta of 2.22. The business has a 50-day moving average of $983.23 and a two-hundred day moving average of $849.12. Micron Technology, Inc. has a 52-week low of $186.25 and a 52-week 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.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same quarter in the previous year, the firm posted $3.03 earnings per share. Micron Technology’s quarterly revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research analysts forecast that Micron Technology, Inc. will post 175.82 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. 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 is presently 0.81%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Itau BBA Securities increased their target price on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the stock an “outperform” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. CLSA restated an “outperform” rating and set a $1,700.00 price target on shares of Micron Technology in a research report on Friday, October 2nd. Bank of America lifted their price target on Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, June 23rd. Finally, BNP Paribas Exane boosted their price objective on Micron Technology from $615.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. 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. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron’s board increased its share-repurchase authorization to approximately $35.16 billion, with buybacks expected to begin soon. The move signals management’s confidence and could support earnings per share. Why Is Micron Stock Rising Today?
• Positive Sentiment: Analysts remain bullish: Rosenblatt reaffirmed a Buy rating with a $1,900 price target, while D.A. Davidson raised its target to $3,000. Erste Group also maintained a Buy view and forecasts fiscal 2028 earnings above the current consensus. Wall Street’s Biggest Micron Bull Just Raised Its Target Again
• Positive Sentiment: Micron’s HBM4 ramp-up, rising 2027 contract prices and sustained AI data-center demand could extend margin expansion. Its latest quarter delivered $54.23 billion in revenue and $33.42 in earnings per share, substantially above year-earlier levels. Micron’s HBM4 Ramp-Up
• Neutral Sentiment: Broader semiconductor-equipment stocks are retreating after a strong AI-driven run, indicating sector-wide profit-taking rather than a Micron-specific deterioration. Semiconductor Equipment Stocks Slide
• Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) reported progress on a denser “4F square” DRAM design and plans to target high-end server memory. Investors fear this could eventually pressure Micron’s pricing, supply advantages and unusually high margins. Micron Slips as China Memory Chip Threat Ramps Up
• Negative Sentiment: Elon Musk’s warning about China’s manufacturing capabilities added to concerns that Chinese competitors may close the technology gap faster than expected. Broader technology weakness, higher oil prices and investor profit-taking are adding pressure. Micron Stock Falls as Elon Musk Warns of China’s Manufacturing Power

Insider Activity at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the sale, the executive vice president 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the transaction, the chief executive officer owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 95,879 shares of company stock worth $90,939,466. 0.24% of the stock is owned by insiders.

About Micron Technology

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.

The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.