702 Micron Technology, Inc. $MU Shares Acquired by NBH Bank

NBH Bank grew its holdings in Micron Technology, Inc. (NASDAQ:MU) by 121.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,281 shares of the semiconductor manufacturer’s stock after buying an additional 702 shares during the quarter. NBH Bank’s holdings in Micron Technology were worth $1,364,000 at the end of the most recent quarter.

A number of other institutional investors have also recently modified their holdings of the business. Joel Isaacson & Co. LLC grew its holdings in Micron Technology by 24.0% during the third quarter. Joel Isaacson & Co. LLC now owns 1,615 shares of the semiconductor manufacturer’s stock worth $1,720,000 after acquiring an additional 313 shares during the period. Altman Advisors Inc. lifted its holdings in Micron Technology by 1.1% in the third quarter. Altman Advisors Inc. now owns 2,666 shares of the semiconductor manufacturer’s stock valued at $2,840,000 after acquiring an additional 29 shares during the period. International Private Wealth Advisors LLC lifted its holdings in Micron Technology by 8.0% in the third quarter. International Private Wealth Advisors LLC now owns 269 shares of the semiconductor manufacturer’s stock valued at $287,000 after acquiring an additional 20 shares during the period. First Command Advisory Services Inc. lifted its holdings in Micron Technology by 115.3% in the third quarter. First Command Advisory Services Inc. now owns 2,484 shares of the semiconductor manufacturer’s stock valued at $2,646,000 after acquiring an additional 1,330 shares during the period. Finally, DSG Capital Advisors LLC boosted its position in shares of Micron Technology by 39.7% during the 3rd quarter. DSG Capital Advisors LLC now owns 2,260 shares of the semiconductor manufacturer’s stock worth $2,407,000 after purchasing an additional 642 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Micron Technology stock opened at $811.30 on Thursday. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week high of $1,255.00. 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 firm’s 50-day simple moving average is $950.48 and its 200 day simple moving average is $760.41. The firm has a market capitalization of $917.92 billion, a PE ratio of 10.93, a P/E/G ratio of 0.13 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 during the quarter, compared to the consensus estimate of $51.33 billion. During the same period last year, the firm posted $3.03 EPS. The firm’s revenue for the quarter was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 175.22 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Top Micron Technology Stories

Here are a few of the latest stories about MU:

• Positive Sentiment: Low valuation and bullish analyst views support the recovery case. Articles highlight MU trading at roughly 3.8 times earnings, while some analysts see substantial upside; Goldman Sachs reiterated a $1,250 price target. Micron’s recent earnings beat and strong growth outlook add to the bullish argument. Article: Analysts See Micron Stock Doubling
• Positive Sentiment: AI-related business ties drew attention. Micron is among suppliers participating in Anthropic’s private placement, a development that may deepen its relationship with a major AI customer. Article: Micron Stocks Jump as Memory Rebound Meets Anthropic Placement
• Negative Sentiment: Cyclical and spending concerns remain. MU’s steep recent sell-off reflects investor worry that AI data-center investment could cool and that memory pricing and profits may eventually turn down. Those risks could limit the rebound if demand expectations weaken. Article: Is the Micron Sell-Off a Buying Opportunity or a Falling Knife?

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the stock. Deutsche Bank reaffirmed a “buy” rating on shares of Micron Technology in a research note on Thursday, October 1st. Rosenblatt Securities reiterated a “buy” rating and issued a $1,900.00 price objective on shares of Micron Technology in a research note on Thursday, October 22nd. Daiwa Securities Group raised their price objective on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Royal Bank Of Canada reissued an “outperform” rating and set a $1,500.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. Finally, Susquehanna restated a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. One investment 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’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Activity

In other news, EVP Sumit Sadana sold 15,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the transaction, the insider directly owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 83,545 shares of company stock worth $78,460,850 over the last ninety days. 0.24% of the stock is currently owned by insiders.

Micron Technology 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.