Micron Technology, Inc. $MU Shares Bought by Calamos Wealth Management LLC

Calamos Wealth Management LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 36.1% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 20,945 shares of the semiconductor manufacturer’s stock after acquiring an additional 5,554 shares during the quarter. Calamos Wealth Management LLC’s holdings in Micron Technology were worth $22,309,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Bullseye Investment Management LLC bought a new stake in shares of Micron Technology during the 2nd quarter valued at about $27,000. Aventus Investment Advisors Inc. purchased a new position in shares of Micron Technology in the third quarter worth approximately $30,000. Steph & Co. purchased a new position in shares of Micron Technology in the third quarter worth approximately $31,000. Montgomery Financial Services LLC purchased a new position in shares of Micron Technology in the second quarter worth approximately $38,000. Finally, JNBA Financial Advisors grew its position in Micron Technology by 77.3% during the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after buying an additional 17 shares during the period. Institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the transaction, the chief executive officer directly 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated 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 owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 83,545 shares of company stock valued at $78,460,850 over the last ninety days. 0.24% of the stock is currently owned by company insiders.

Micron Technology Price Performance

Shares of MU traded up $33.61 during mid-day trading on Friday, reaching $690.00. The stock had a trading volume of 44,738,293 shares, compared to its average volume of 26,678,026. The firm has a market cap of $780.68 billion, a price-to-earnings ratio of 9.30, a PEG ratio of 0.14 and a beta of 2.36. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00. The business has a fifty day moving average of $961.59 and a 200 day moving average of $754.99. 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) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating 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 firm had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same period last year, the firm earned $3.03 EPS. The company’s 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. Equities analysts predict that Micron Technology, Inc. will post 175.19 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th were issued a dividend of $0.15 per share. The ex-dividend date of this dividend 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 currently 0.81%.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on MU shares. Zacks Research upgraded shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. New Street Research upgraded Micron Technology from a “neutral” rating to a “buy” rating and upped their price objective for the stock from $470.00 to $1,250.00 in a research note on Friday, August 14th. Robert W. Baird upped their price objective on Micron Technology from $1,280.00 to $1,520.00 and gave the stock an “outperform” rating in a research note on Monday, September 28th. Wedbush reaffirmed an “outperform” rating and issued a $1,400.00 target price on shares of Micron Technology in a report on Monday, September 28th. Finally, President Capital lifted their target price on Micron Technology to $1,500.00 and gave the company a “buy” rating in a research report on Friday, July 17th. 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. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

About Micron Technology

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.