TSG Advice Partners LLC Makes New Investment in Micron Technology, Inc. $MU

TSG Advice Partners LLC acquired a new position in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 1,040 shares of the semiconductor manufacturer’s stock, valued at approximately $1,200,000.

Other large investors have also recently added to or reduced their stakes in the company. bLong Financial LLC boosted its stake in shares of Micron Technology by 10.7% during the 3rd quarter. bLong Financial LLC now owns 775 shares of the semiconductor manufacturer’s stock worth $825,000 after purchasing an additional 75 shares during the last quarter. Trek Financial LLC grew its holdings in shares of Micron Technology by 22.9% during the third quarter. Trek Financial LLC now owns 29,481 shares of the semiconductor manufacturer’s stock worth $31,401,000 after buying an additional 5,484 shares in the last quarter. True Freedom Investing LLC acquired a new position in shares of Micron Technology in the third quarter valued at approximately $1,884,000. Woodmont Investment Counsel LLC raised its position in shares of Micron Technology by 22.0% in the third quarter. Woodmont Investment Counsel LLC now owns 338 shares of the semiconductor manufacturer’s stock valued at $360,000 after buying an additional 61 shares during the last quarter. Finally, Traynor Capital Management Inc. raised its position in shares of Micron Technology by 47.2% in the third quarter. Traynor Capital Management Inc. now owns 33,525 shares of the semiconductor manufacturer’s stock valued at $35,708,000 after buying an additional 10,756 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron is reportedly positioned to increase stock repurchases beginning December 9, when restrictions related to the federal CHIPS Act are expected to expire. Buybacks could support earnings per share and signal management confidence in the stock’s valuation. Micron Expected to Launch Massive Stock Buybacks in December
• Positive Sentiment: Long-term demand remains a key bullish argument. SK hynix reported record results and said memory demand could exceed supply through 2030, while Micron has multiyear customer agreements covering more than 35% of projected revenue through that year. Micron has also co-developed memory technology with NVIDIA and secured advance shipments for AI infrastructure. SK hynix Says Memory Demand Beats Supply Through 2030
• Positive Sentiment: Some analysts and commentators still view Micron as inexpensive relative to its growth potential, citing sharply higher AI-driven memory demand, expected fiscal 2027 earnings growth, and a valuation near historic lows for a company with strong recent operating performance. Why Micron Stock Looks Cheap After a Record Year
• Neutral Sentiment: Analysts remain broadly optimistic after Micron’s substantial outperformance over the past year, but the stock’s elevated volatility and large gains have increased sensitivity to any disappointing industry outlook. Are Wall Street Analysts Predicting Micron Technology Stock Will Climb or Sink?
• Negative Sentiment: Kioxia’s cautious forecast triggered weakness across memory stocks, renewing fears that the industry’s shortage and pricing strength may be approaching a peak. Kioxia’s Cautious Outlook Hits Memory Stocks
• Negative Sentiment: Trading volume has fallen, suggesting reduced retail interest, while critics warn that Micron could suffer a steep decline if the memory shortage ends or AI spending moderates. Market commentator Tom Sosnoff also argued that Micron and other major AI-chip stocks have not declined enough to be compelling buys. Micron Technology: Is This a Sign That Its Stock Has Already Peaked?

Wall Street Analysts Forecast Growth

MU has been the topic of a number of analyst reports. ThinkEquity restated a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. DA Davidson lifted their target price on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the stock a “buy” rating in a research note on Wednesday, October 7th. William Blair set a $1,300.00 price target on Micron Technology in a report on Thursday, October 1st. BMO Capital Markets reiterated an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Susquehanna reiterated a “positive” 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 given a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Buying and Selling at Micron Technology

In other news, insider Scott J. Deboer sold 28,545 shares of the firm’s 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 $132,687,000. This trade represents a 16.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the firm’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 completion of the transaction, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 83,545 shares of company stock valued at $78,460,850. Company insiders own 0.24% of the company’s stock.

Micron Technology Stock Performance

NASDAQ:MU opened at $833.59 on Tuesday. 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 company has a market cap of $943.14 billion, a P/E ratio of 11.23, a P/E/G ratio of 0.17 and a beta of 2.22. Micron Technology, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00. The firm’s 50 day moving average is $976.02 and its two-hundred day moving average is $747.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion for 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 for the quarter was up 379.1% on a year-over-year basis. 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. Analysts expect that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a $0.15 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

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.