21,758 Micron Technology, Inc. $MU Shares Sold by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 10.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 182,304 shares of the semiconductor manufacturer’s stock after selling 21,758 shares during the period. Micron Technology accounts for about 3.1% of Montrusco Bolton Investments Inc.’s holdings, making the stock its 11th biggest position. Montrusco Bolton Investments Inc.’s holdings in Micron Technology were worth $194,174,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Andar Capital Management HK Ltd boosted its holdings in shares of Micron Technology by 856,960.3% in the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after buying an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA purchased a new position in shares of Micron Technology in the 2nd quarter valued at $22,182,263,000. Legal & General Group Plc acquired a new stake in Micron Technology during the 2nd quarter worth $8,402,393,000. Situational Awareness LP raised its stake in Micron Technology by 1,149.0% during the 2nd quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after acquiring an additional 5,289,124 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in Micron Technology in the second quarter valued at $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Buying and Selling

In related news, 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 transaction of $14,014,350.00. Following the transaction, the executive vice president owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated 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 completion of the transaction, the chief executive officer owned 264,503 shares in the company, valued at $256,276,956.70. This trade represents a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,879 shares of company stock valued at $90,939,466 over the last quarter. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Performance

NASDAQ:MU traded down $35.85 during trading hours on Tuesday, reaching $953.19. 28,988,770 shares of the company’s stock were exchanged, compared to its average volume of 41,277,551. The firm has a market capitalization of $1.08 trillion, a price-to-earnings ratio of 12.84, a P/E/G ratio of 0.18 and a beta of 2.22. The company has a 50-day moving average of $983.23 and a 200 day moving average of $849.12. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 1-year low of $186.25 and a 1-year high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data 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 company had revenue of $54.23 billion for the quarter, compared to the consensus estimate 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 period last year, the firm posted $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 175.82 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be paid 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%.

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s board increased its share-repurchase authorization to approximately $35 billion, potentially supporting earnings per share and signaling confidence in long-term cash generation. Micron buyback authorization
• Positive Sentiment: Recent results remain exceptionally strong: fiscal fourth-quarter revenue rose about 379% year over year to $54.23 billion, while adjusted EPS reached $33.42 and exceeded estimates. AI-driven HBM demand, higher 2027 contract prices and multi-year customer commitments could support additional margin growth. Micron more for longer
• Positive Sentiment: Rosenblatt reaffirmed a Buy rating with a $1,900 price target, while other bullish analysts argue that MU’s valuation remains discounted relative to its growth and profitability. Chinese competition and Micron valuation
• Neutral Sentiment: Some commentary argues that bearish AI headlines reflect misinterpreted revenue data and exaggerated platform or competitive concerns. However, investors remain focused on whether the current memory upcycle can last and whether Micron’s earnings represent peak-cycle performance. Bearish AI headlines
• Negative Sentiment: CXMT reported progress on a denser “4F square” DRAM architecture and plans to target server memory. Investors fear that successful commercialization could increase future supply, pressure DRAM prices and weaken Micron’s strongest margins, even though large-scale production and customer qualification remain unproven. Memory stocks fall on China development
• Negative Sentiment: A potential labor strike at Micron’s Taoyuan, Taiwan facility adds near-term execution and delivery risk. A $600 million Netlist settlement and recent insider selling are additional, though secondary, concerns for investors.

Wall Street Analyst Weigh In

MU has been the subject of several research analyst reports. Morgan Stanley restated an “overweight” rating and issued a $1,200.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. KeyCorp reissued an “overweight” rating on shares of Micron Technology in a report on Thursday, October 1st. Susquehanna reissued a “positive” rating on shares of Micron Technology in a report on Thursday, October 1st. Barclays upped their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the company an “overweight” rating in a research report on Thursday, June 25th. Finally, UBS Group restated a “buy” rating and set a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a research note on Wednesday, September 23rd. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, Micron Technology presently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology Profile

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.