1,729 Micron Technology, Inc. $MU Shares Sold by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC cut its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 19.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 7,294 shares of the semiconductor manufacturer’s stock after selling 1,729 shares during the period. Micron Technology accounts for 1.5% of Mezzasalma Advisors LLC’s portfolio, making the stock its 18th largest holding. Mezzasalma Advisors LLC’s holdings in Micron Technology were worth $7,769,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the business. Andar Capital Management HK Ltd grew its position in shares of Micron Technology by 856,960.3% in the second 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 purchasing an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA acquired a new stake in Micron Technology during the second quarter worth approximately $22,182,263,000. Bank of America Corp DE increased its stake in Micron Technology by 26.6% during the 2nd quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock worth $11,744,621,000 after acquiring an additional 2,136,470 shares during the period. Invesco Ltd. raised its holdings in Micron Technology by 1.6% in the 4th quarter. Invesco Ltd. now owns 9,777,239 shares of the semiconductor manufacturer’s stock valued at $2,790,522,000 after acquiring an additional 155,073 shares in the last quarter. Finally, Legal & General Group Plc bought a new position in shares of Micron Technology in the second quarter worth $8,402,393,000. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Trading Down 4.1%

NASDAQ:MU opened at $914.13 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The firm has a market cap of $1.03 trillion, a price-to-earnings ratio of 12.32, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22. The firm has a 50-day moving average price of $984.86 and a two-hundred day moving average price of $857.08. Micron Technology, Inc. has a 52 week low of $187.42 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 earnings per share for the quarter, beating the consensus estimate of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company’s revenue was up 379.1% on a year-over-year basis. During the same period in the prior year, the business posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal 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 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

Micron Technology News Summary

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

• Positive Sentiment: Elon Musk praised Micron’s approach to future memory pricing, calling it “reasonable” and contrasting it with unnamed competitors he described as “extortionate.” The comments support Micron’s customer-focused strategy and could strengthen long-term relationships. Elon Musk Says Micron Has Been Reasonable on Future Pricing
• Positive Sentiment: Investors continue to point to Micron’s strong operating performance: fiscal fourth-quarter revenue increased 379% year over year to $54.23 billion, while earnings exceeded consensus estimates. AI demand, tight DRAM supply and expected HBM4 growth remain important upside drivers. Micron’s HBM4 Ramp-Up
• Positive Sentiment: Micron has signed 26 strategic customer agreements and secured commitments covering much of its fiscal 2027 output, improving demand visibility and reducing exposure to the traditional memory cycle. Its board also authorized roughly $35 billion in additional buybacks, while analysts at Erste Group raised their FY2027 earnings forecast. Micron’s Customer Contracts
• Neutral Sentiment: Several analysts and commentators called the selloff excessive, citing Micron’s low forward valuation, strong balance sheet, shareholder returns and long-term AI demand. However, the market remains skeptical that elevated profits can persist indefinitely.
• Negative Sentiment: The main catalyst was news that China’s ChangXin Memory Technologies (CXMT) is progressing toward a denser DRAM design aimed at server memory. Although commercial-scale production and yields remain unproven, investors fear future competition could weaken Micron’s pricing power and margins. CXMT Targets Server Memory
• Negative Sentiment: Hotter-than-expected U.S. inflation increased pressure on technology shares and contributed to a broader semiconductor selloff. Investors are also monitoring a potential labor dispute at Micron’s Taiwan operations, which could create production and delivery risks if a strike occurs. Why Memory Stocks Are Falling

Analysts Set New Price Targets

A number of research firms have recently commented on MU. JPMorgan Chase & Co. increased their target price on shares of Micron Technology from $550.00 to $1,540.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. UBS Group reiterated a “buy” rating and issued a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a report on Wednesday, September 23rd. The Goldman Sachs Group set a $1,250.00 price objective on Micron Technology in a report on Thursday, October 1st. CLSA reiterated an “outperform” rating and issued a $1,700.00 target price on shares of Micron Technology in a report on Friday, October 2nd. Finally, TD Cowen restated a “buy” rating and issued a $1,600.00 target price on shares of Micron Technology in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Buying and Selling at Micron Technology

In related news, CAO Scott Allen sold 879 shares of the business’s stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the transaction, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the sale, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 95,879 shares of company stock valued at $90,939,466 in the last 90 days. Insiders own 0.24% of the company’s stock.

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.