1,777 Shares of Micron Technology, Inc. $MU Acquired by Brown Shipley& Co Ltd

Brown Shipley& Co Ltd purchased a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm purchased 1,777 shares of the semiconductor manufacturer’s stock, valued at approximately $1,893,000. Micron Technology comprises 0.9% of Brown Shipley& Co Ltd’s investment portfolio, making the stock its 23rd largest holding.

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

Micron Technology Price Performance

Shares of Micron Technology stock traded down $7.04 during trading hours on Friday, reaching $1,028.80. 11,781,236 shares of the company’s stock were exchanged, compared to its average volume of 41,385,266. Micron Technology, Inc. has a 1 year low of $179.61 and a 1 year high of $1,255.00. The company has a market capitalization of $1.16 trillion, a P/E ratio of 13.87, a price-to-earnings-growth ratio of 0.19 and a beta of 2.22. 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 business has a fifty day moving average of $975.93 and a two-hundred day moving average of $840.54.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. The business had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The company’s quarterly revenue was up 379.1% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, research analysts predict that Micron Technology, Inc. will post 175.82 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders 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 dividend yield of 0.1%. Micron Technology’s payout ratio is presently 0.81%.

Wall Street Analyst Weigh In

MU has been the subject of a number of research reports. Wedbush reissued an “outperform” rating and set a $1,400.00 price target on shares of Micron Technology in a research note on Monday, September 28th. William Blair set a $1,300.00 target price on shares of Micron Technology in a report on Thursday, October 1st. Bank of America upped their price target on Micron Technology from $950.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Tuesday, June 23rd. Raymond James Financial reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. Finally, Barclays lifted their target price on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. 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. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $256,276,956.70. This trade represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the transaction, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This trade represents a 7.28% 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 95,879 shares of company stock valued at $90,939,466. 0.24% of the stock is currently owned by corporate insiders.

Key Micron Technology News

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

• Positive Sentiment: AI memory demand remains the central bullish catalyst. Analysts and investors argue that data-center expansion, high-bandwidth memory (HBM) and emerging “agentic AI” workloads could keep demand ahead of supply through 2027–2028. More than 75% of Micron’s fiscal 2027 shipments are reportedly committed, while customers are already discussing allocations for 2028. Micron: Bears Are Fighting Physics With Spreadsheets
• Positive Sentiment: Recent earnings and guidance support continued profit growth. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted EPS of $33.42, well above the prior year. Management’s fiscal Q1 2027 outlook calls for $60 billion–$63 billion in revenue and $37.15–$39.15 in adjusted EPS. Supporters believe strategic customer agreements and client deposits make the business less vulnerable to a traditional memory downturn. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Analyst sentiment has improved. Zacks upgraded Micron to “strong buy,” while D.A. Davidson raised its price target to $3,000, citing sustained AI demand and constrained memory supply. These targets are highly bullish and help explain buying interest during pullbacks. Micron Technology Stock Rating Upgraded by Zacks Research
• Neutral Sentiment: Trading is choppy after an exceptional run. Micron has gained substantially over the past year, leaving investors focused on whether future earnings can justify the valuation. The stock remains above its 50-day and 200-day moving averages, but major gains may require another earnings beat or clearer evidence that supply will remain tight. Micron Stock Is Range-Bound in Choppy AI Trade
• Negative Sentiment: Broader concerns are weighing on the shares. A report suggesting OpenAI’s annualized revenue was below expectations triggered selling across AI-related stocks, although analysts said the comparison may reflect reporting differences rather than weaker AI demand. Samsung’s record profit also highlighted concerns that memory-price and earnings growth could be slowing. Micron, Nvidia and AI Chip Stocks Fall
• Negative Sentiment: Labor disruption is an additional risk. Workers at Micron’s major Taiwan DRAM facility overwhelmingly authorized a strike amid a bonus dispute. A work stoppage could disrupt production, increase costs or complicate efforts to meet already-committed customer demand. Micron Taiwan Union Strike Authorization

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.