17,872 Shares of Micron Technology, Inc. $MU Bought by Valen Private Capital LLC

Valen Private Capital LLC acquired a new position in shares of Micron Technology, Inc. (NASDAQ:MU) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 17,872 shares of the semiconductor manufacturer’s stock, valued at approximately $19,035,000. Micron Technology comprises approximately 6.0% of Valen Private Capital LLC’s holdings, making the stock its 5th largest holding.

Several other hedge funds have also added to or reduced their stakes in the stock. Anderson Hoagland & Co. raised its holdings in shares of Micron Technology by 185.8% in the 3rd quarter. Anderson Hoagland & Co. now owns 1,126 shares of the semiconductor manufacturer’s stock worth $1,199,000 after purchasing an additional 732 shares during the period. Simplicity Wealth LLC lifted its stake in Micron Technology by 19.1% in the third quarter. Simplicity Wealth LLC now owns 9,650 shares of the semiconductor manufacturer’s stock valued at $10,278,000 after purchasing an additional 1,550 shares during the last quarter. Madrona Financial Services LLC lifted its stake in Micron Technology by 249.9% in the third quarter. Madrona Financial Services LLC now owns 5,399 shares of the semiconductor manufacturer’s stock valued at $5,750,000 after purchasing an additional 3,856 shares during the last quarter. Carolina Wealth Advisors LLC grew its holdings in Micron Technology by 4.6% during the third quarter. Carolina Wealth Advisors LLC now owns 1,826 shares of the semiconductor manufacturer’s stock valued at $1,945,000 after purchasing an additional 80 shares during the period. Finally, Sowell Financial Services LLC grew its holdings in Micron Technology by 9.6% during the third quarter. Sowell Financial Services LLC now owns 15,983 shares of the semiconductor manufacturer’s stock valued at $17,024,000 after purchasing an additional 1,396 shares during the period. Institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling

In related news, EVP Sumit Sadana sold 15,000 shares of the 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 sale, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The sale 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 firm’s stock in a transaction dated Friday, August 21st. The stock was 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 represents a 13.14% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 83,545 shares of company stock valued at $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on MU shares. ThinkEquity reissued a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. TD Cowen reaffirmed a “buy” rating and set a $1,600.00 price target on shares of Micron Technology in a research report on Thursday, October 1st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Wells Fargo & Company decreased their price objective 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 analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Stock Performance

NASDAQ:MU opened at $877.55 on Monday. The company has a market cap of $992.88 billion, a P/E ratio of 11.83, a P/E/G ratio of 0.15 and a beta of 2.22. The stock’s fifty day moving average price is $983.61 and its two-hundred day moving average price is $883.59. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94.

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 analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. During the same period last year, the company earned $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 expect that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Dividend Announcement

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

More Micron Technology News

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

• Positive Sentiment: Improved industry sentiment: A broad rebound in semiconductor stocks lifted Micron, SK Hynix and SanDisk as investors returned to AI and memory names following a sharp pullback. Why are Micron, SK Hynix, and SanDisk stocks climbing on Friday?
• Positive Sentiment: Favorable supply dynamics: SK Hynix’s decision to abandon a planned U.S. IPO for its Solidigm flash-memory unit could reduce concerns about additional NAND supply entering the market, potentially benefiting Micron and SanDisk. Micron, Sandisk gain as SK Hynix scraps Solidigm IPO
• Positive Sentiment: Analyst and growth support: Erste Group raised its FY2028 EPS forecast to $201.26 from $199.05 and maintained a Buy rating. Analysts continue to point to Micron’s AI-driven HBM demand, improving margins and relatively low valuation as reasons for optimism. Micron earnings estimate update
• Neutral Sentiment: Strategic investment: Micron’s planned investment in U.S. critical-mineral processing supports its domestic supply-chain strategy, although the near-term financial impact is unclear. Micron critical-minerals investment
• Negative Sentiment: Technology execution risk: Micron’s next-generation memory architecture could improve data movement for AI processors, but placing more memory closer to computing units creates difficult cooling and heat-management challenges. Micron’s Next AI Memory Breakthrough Has a Cooling Problem
• Negative Sentiment: Insider selling and volatility: Recent filings show extensive insider selling with no reported open-market purchases, while technical commentary warns that the recovery remains fragile amid ongoing concerns about AI spending, interest rates and valuation.

Micron Technology Profile

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.