Micron Technology, Inc. $MU Shares Newly Purchased by Fortune 45 LLC

Fortune 45 LLC acquired a new position in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund acquired 1,018 shares of the semiconductor manufacturer’s stock, valued at approximately $1,085,000. Micron Technology accounts for 0.4% of Fortune 45 LLC’s holdings, making the stock its 19th largest position.

Several other large investors have also recently modified their holdings of the stock. Fortitude Family Office LLC boosted its holdings in Micron Technology by 6.9% during the 3rd quarter. Fortitude Family Office LLC now owns 3,905 shares of the semiconductor manufacturer’s stock valued at $4,159,000 after acquiring an additional 253 shares during the period. Strategy Asset Managers LLC grew its position in Micron Technology by 1.4% during the 3rd quarter. Strategy Asset Managers LLC now owns 1,924 shares of the semiconductor manufacturer’s stock worth $2,049,000 after acquiring an additional 26 shares during the last quarter. Godsey & Gibb Inc. grew its position in Micron Technology by 1.1% during the 3rd quarter. Godsey & Gibb Inc. now owns 2,020 shares of the semiconductor manufacturer’s stock worth $2,152,000 after acquiring an additional 22 shares during the last quarter. Weil Company Inc. increased its stake in Micron Technology by 45.5% in the 3rd quarter. Weil Company Inc. now owns 326 shares of the semiconductor manufacturer’s stock worth $347,000 after purchasing an additional 102 shares during the period. Finally, Financial Planning Navigators CORP increased its stake in Micron Technology by 8.0% in the 3rd quarter. Financial Planning Navigators CORP now owns 565 shares of the semiconductor manufacturer’s stock worth $602,000 after purchasing an additional 42 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling

In related news, CAO Scott Allen sold 879 shares of Micron Technology stock in a transaction on 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 in the company, 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 at this link. 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 transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 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 Trading Down 4.1%

NASDAQ MU opened at $914.13 on Thursday. Micron Technology, Inc. has a fifty-two week low of $187.42 and a fifty-two week high of $1,255.00. 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 stock has a 50 day simple moving average of $984.86 and a two-hundred day simple moving average of $857.08. The stock has a market cap of $1.03 trillion, a P/E ratio of 12.32, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 for the quarter, compared to analyst estimates of $51.33 billion. During the same period last year, the company earned $3.03 EPS. The business’s quarterly revenue was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, analysts forecast that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

The firm also recently declared 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 dividend payout ratio (DPR) is presently 0.81%.

Micron Technology News Roundup

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

Analyst Upgrades and Downgrades

MU has been the subject of a number of analyst reports. New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and increased their price objective for the company from $470.00 to $1,250.00 in a research note on Friday, August 14th. President Capital raised their target price on shares of Micron Technology to $1,500.00 and gave the stock a “buy” rating in a report on Friday, July 17th. Arete Research lifted their target price on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Morgan Stanley reiterated an “overweight” rating and set a $1,200.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Finally, Cantor Fitzgerald reissued an “overweight” rating and issued a $2,000.00 price target on shares of Micron Technology in a report on Thursday, October 1st. One investment 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 MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology Company 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.