Micron Technology, Inc. $MU Stock Position Cut by Parametrica Management Ltd

Parametrica Management Ltd decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 43.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 11,481 shares of the semiconductor manufacturer’s stock after selling 8,868 shares during the quarter. Micron Technology accounts for approximately 8.6% of Parametrica Management Ltd’s investment portfolio, making the stock its 3rd largest position. Parametrica Management Ltd’s holdings in Micron Technology were worth $12,229,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. M.E. Allison & CO. Inc. increased its position in 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 worth $1,528,000 after purchasing an additional 11 shares in the last quarter. Purus Wealth Management LLC boosted its position in Micron Technology by 1.4% in the third quarter. Purus Wealth Management LLC now owns 814 shares of the semiconductor manufacturer’s stock valued at $867,000 after buying an additional 11 shares in the last quarter. Ables Iannone Moore & Associates Inc. boosted its position in Micron Technology by 5.3% in the third quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock valued at $252,000 after buying an additional 12 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its stake in shares of Micron Technology by 5.6% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 228 shares of the semiconductor manufacturer’s stock worth $243,000 after buying an additional 12 shares during the last quarter. Finally, Physician Wealth Advisors Inc. grew its stake in shares of Micron Technology by 1.6% during the third quarter. Physician Wealth Advisors Inc. now owns 762 shares of the semiconductor manufacturer’s stock worth $812,000 after buying an additional 12 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

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.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of the company’s stock in a transaction 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 sale, the insider directly owned 147,430 shares in the company, valued at $132,687,000. This trade represents a 16.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 over the last three months. 0.24% of the stock is owned by company insiders.

Micron Technology Stock Performance

NASDAQ:MU opened at $983.23 on Thursday. The company has a market capitalization of $1.11 trillion, a PE ratio of 13.25, a P/E/G ratio of 0.15 and a beta of 2.22. The company has a 50 day simple moving average of $980.53 and a two-hundred day simple moving average of $738.88. 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, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping the consensus estimate 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%. The company’s revenue was up 379.1% compared to the same quarter last year. During the same quarter last year, the business earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Research analysts anticipate that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be given a dividend of $0.15 per share. The ex-dividend date is Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is 0.81%.

Analyst Ratings Changes

A number of brokerages recently weighed in on MU. ThinkEquity restated a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. New Street Research upgraded shares of Micron Technology from a “neutral” rating to a “buy” rating and lifted their price target for the stock from $470.00 to $1,250.00 in a report on Friday, August 14th. Arete Research boosted their price objective on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Raymond James Financial reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. One equities research 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 company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price 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.