Micron Technology, Inc. $MU Stock Position Boosted by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 3.2% during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 280,570 shares of the semiconductor manufacturer’s stock after purchasing an additional 8,725 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Micron Technology were worth $298,838,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Bullseye Investment Management LLC bought a new position in shares of Micron Technology in the second quarter worth approximately $27,000. Aventus Investment Advisors Inc. purchased a new stake in shares of Micron Technology during the third quarter valued at approximately $30,000. Steph & Co. purchased a new stake in shares of Micron Technology during the third quarter valued at approximately $31,000. Montgomery Financial Services LLC bought a new stake in shares of Micron Technology during the second quarter valued at approximately $38,000. Finally, Bfsg LLC increased its position in shares of Micron Technology by 1,950.0% during the third quarter. Bfsg LLC now owns 41 shares of the semiconductor manufacturer’s stock valued at $44,000 after acquiring an additional 39 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MU. ThinkEquity restated a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. Susquehanna reissued a “positive” rating on shares of Micron Technology in a report on Thursday, October 1st. Weiss Ratings lowered Micron Technology from a “buy (b+)” rating to a “buy (b)” rating in a report on Tuesday, October 27th. Finally, Citigroup boosted their price target on Micron Technology from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research note on Wednesday, September 23rd. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Stock Performance

Shares of NASDAQ MU opened at $655.78 on Friday. The firm’s 50-day moving average price is $966.51 and its 200-day moving average price is $753.37. 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 $741.97 billion, a PE ratio of 8.84, a PEG ratio of 0.14 and a beta of 2.36. Micron Technology, Inc. has a 52-week low of $192.59 and a 52-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 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $51.33 billion. During the same period in the previous year, the business posted $3.03 earnings per share. 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. As a group, analysts anticipate that Micron Technology, Inc. will post 175.19 EPS for the current year.

Micron Technology Announces Dividend

The business 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 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

Insider Buying and Selling

In other Micron Technology news, insider Scott Deboer sold 28,545 shares of Micron Technology stock in a transaction that occurred on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. The trade was a 16.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 83,545 shares of company stock worth $78,460,850. 0.24% of the stock is owned by insiders.

More Micron Technology News

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

• Positive Sentiment: Several articles point to robust AI-driven demand, tight memory supply, and strong pricing as supports for Micron’s business. Some commentators view the sell-off as a potential buying opportunity, though that is an opinion rather than a change in company guidance. Article: Micron: Is the Recent Selloff a Buying Opportunity?
• Neutral Sentiment: Director Linnie M. Haynesworth plans to retire from Micron’s board at the annual shareholders meeting expected on January 14, 2027. The announcement did not include other board changes. Article: Micron Announces Board of Directors Retirement
• Negative Sentiment: Investors are concerned that proposals for tighter AI data-center rules—including zoning, energy and water requirements, and environmental reviews—could delay projects and soften future demand for memory chips. These are policy risks, not announced changes to Micron’s current customer demand. Article: Could Micron Technology Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: Reports say Micron has paused plans for a $4.5 billion Taiwan memory facility amid a labor dispute. The delay raises execution concerns for a project intended to produce DRAM and high-bandwidth memory used in AI data centers. Article: Micron Stock Falls After Report of $4.5 Billion Taiwan Pause
• Negative Sentiment: The sell-off is also part of a wider retreat in chip and technology stocks, with investors reducing exposure to AI-linked shares. Reports of Chinese rival CXMT pre-selling $1 billion in DRAM add to concerns about competition and future market share. Article: Why Micron Stock Keeps Going Down

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.