Micron Technology, Inc. $MU Holdings Boosted by Western Pacific Wealth Management LP

Western Pacific Wealth Management LP raised its stake in Micron Technology, Inc. (NASDAQ:MU) by 402.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 754 shares of the semiconductor manufacturer’s stock after purchasing an additional 604 shares during the period. Micron Technology makes up approximately 0.7% of Western Pacific Wealth Management LP’s holdings, making the stock its 20th biggest position. Western Pacific Wealth Management LP’s holdings in Micron Technology were worth $803,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the stock. Absolute Capital Management LLC grew its position in Micron Technology by 19.4% in the 3rd quarter. Absolute Capital Management LLC now owns 2,657 shares of the semiconductor manufacturer’s stock worth $2,831,000 after purchasing an additional 431 shares during the last quarter. Dynamic Wealth Strategies LLC increased its holdings in shares of Micron Technology by 2,816.7% during the 3rd quarter. Dynamic Wealth Strategies LLC now owns 175 shares of the semiconductor manufacturer’s stock worth $186,000 after purchasing an additional 169 shares during the period. Alpine Bank Wealth Management bought a new position in shares of Micron Technology during the 3rd quarter worth about $313,000. KRS Capital Management LLC raised its position in shares of Micron Technology by 0.3% during the third quarter. KRS Capital Management LLC now owns 5,091 shares of the semiconductor manufacturer’s stock valued at $5,423,000 after buying an additional 17 shares during the last quarter. Finally, Hutchens & Kramer Investment Management Group LLC raised its position in shares of Micron Technology by 122.9% during the third quarter. Hutchens & Kramer Investment Management Group LLC now owns 399 shares of the semiconductor manufacturer’s stock valued at $425,000 after buying an additional 220 shares during the last quarter. 80.84% of the stock is owned by institutional investors.

Insider Activity at Micron Technology

In related news, CAO Scott Allen sold 879 shares of the company’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total value of $879,000.00. Following the sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the completion of the transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, 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 owned by company insiders.

Micron Technology Stock Down 5.6%

MU opened at $878.84 on Friday. The company has a market capitalization of $994.34 billion, a P/E ratio of 11.84, a P/E/G ratio of 0.15 and a beta of 2.22. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The firm’s fifty day moving average price is $985.88 and its two-hundred day moving average price is $861.24. Micron Technology, Inc. has a fifty-two week low of $192.40 and a fifty-two week high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (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 analyst estimates of $51.33 billion. During the same quarter in the previous year, the firm posted $3.03 EPS. The business’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, analysts anticipate that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Dividend Announcement

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

Micron Technology News Summary

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

• Positive Sentiment: Micron’s long-term outlook remains supported by tight memory supply and robust AI demand. Analysts and commentators point to expanding margins, pricing strength, high-bandwidth memory (HBM) growth, and management’s expectation that supply constraints could persist through 2028. Micron: Why You Should Buy Before Dec’26
• Positive Sentiment: Recent results exceeded expectations: fiscal fourth-quarter revenue reached approximately $54.2 billion, above the high end of management’s outlook, while full-year revenue reportedly rose to about $133.2 billion. Supporters also cite long-term customer agreements, price floors, potential share repurchases under Micron’s $35 billion authorization, and continued investment in U.S. manufacturing. Micron Stock Is 25% Below Its June Record
• Positive Sentiment: ASML’s comments that demand for advanced chipmaking equipment exceeds supply through 2028 are viewed as favorable for Micron, a major ASML customer developing next-generation HBM products. Micron also pledged $50 million to U.S. memory research, reinforcing its domestic technology and supply-chain strategy. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Several analysts continue to describe the retreat as a potential buying opportunity, citing Micron’s valuation and earnings growth. However, bullish price targets depend on memory demand remaining strong and the current pricing cycle lasting longer than expected.
• Negative Sentiment: Investors remain concerned that CXMT’s progress in DDR5, LPDDR5X, and server memory could pressure pricing and market share, particularly in conventional memory. A possible industry oversupply later this decade adds to the cyclical risk. Memory stocks are getting hammered
• Negative Sentiment: The broader AI trade is under pressure as investors question whether data-center spending can generate adequate returns and whether highly leveraged “neocloud” companies can remain viable. Higher inflation and the prospect of additional interest-rate increases are also encouraging rotation away from expensive technology stocks.
• Negative Sentiment: One senior executive sold 6,328 Micron shares on October 14. The transaction appears isolated and is small relative to the company, but it adds a modest negative signal during an already weak trading period. Monster insider trading alert for Micron stock

Wall Street Analyst Weigh In

Several research firms recently weighed in on MU. The Goldman Sachs Group set a $1,250.00 target price 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 research report on Thursday, October 1st. Argus lowered their price target on Micron Technology from $1,500.00 to $540.00 and set a “buy” rating on the stock in a research note on Thursday, June 25th. UBS Group reaffirmed a “buy” rating and issued a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a report on Wednesday, September 23rd. Finally, Wells Fargo & Company cut their price target on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a report 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 issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Micron Technology has a consensus rating of “Moderate Buy” and an average price target 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.