Micron Technology, Inc. $MU Position Decreased by NFSG Corp

NFSG Corp lessened its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 4.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 12,941 shares of the semiconductor manufacturer’s stock after selling 618 shares during the quarter. Micron Technology makes up 1.4% of NFSG Corp’s portfolio, making the stock its 19th largest holding. NFSG Corp’s holdings in Micron Technology were worth $13,784,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Kohmann Bosshard Financial Services LLC bought a new position in Micron Technology in the 1st quarter worth $27,000. Bullseye Investment Management LLC bought a new stake in Micron Technology during the second quarter valued at about $27,000. Bayban bought a new stake in Micron Technology during the fourth quarter valued at about $29,000. Aventus Investment Advisors Inc. purchased a new stake in Micron Technology in the third quarter worth about $30,000. Finally, Steph & Co. purchased a new stake in Micron Technology in the third quarter worth about $31,000. Institutional investors own 80.84% of the company’s stock.

Analyst Ratings Changes

MU has been the topic of several recent research reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Morgan Stanley reiterated an “overweight” rating and set a $1,200.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. Daiwa Securities Group increased their target price on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a report on Friday, July 17th. HSBC increased their target price on shares of Micron Technology from $1,100.00 to $1,700.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Finally, Rosenblatt Securities restated a “buy” rating and set a $1,900.00 target price on shares of Micron Technology in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, Micron Technology has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron’s long-term outlook remains supported by tight memory supply and robust AI demand. Analysts and commentators point to expanding margins, pricing strength, high-bandwidth memory (HBM) growth, and management’s expectation that supply constraints could persist through 2028. Micron: Why You Should Buy Before Dec’26
• Positive Sentiment: Recent results exceeded expectations: fiscal fourth-quarter revenue reached approximately $54.2 billion, above the high end of management’s outlook, while full-year revenue reportedly rose to about $133.2 billion. Supporters also cite long-term customer agreements, price floors, potential share repurchases under Micron’s $35 billion authorization, and continued investment in U.S. manufacturing. Micron Stock Is 25% Below Its June Record
• Positive Sentiment: ASML’s comments that demand for advanced chipmaking equipment exceeds supply through 2028 are viewed as favorable for Micron, a major ASML customer developing next-generation HBM products. Micron also pledged $50 million to U.S. memory research, reinforcing its domestic technology and supply-chain strategy. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Several analysts continue to describe the retreat as a potential buying opportunity, citing Micron’s valuation and earnings growth. However, bullish price targets depend on memory demand remaining strong and the current pricing cycle lasting longer than expected.
• Negative Sentiment: Investors remain concerned that CXMT’s progress in DDR5, LPDDR5X, and server memory could pressure pricing and market share, particularly in conventional memory. A possible industry oversupply later this decade adds to the cyclical risk. Memory stocks are getting hammered
• Negative Sentiment: The broader AI trade is under pressure as investors question whether data-center spending can generate adequate returns and whether highly leveraged “neocloud” companies can remain viable. Higher inflation and the prospect of additional interest-rate increases are also encouraging rotation away from expensive technology stocks.
• Negative Sentiment: One senior executive sold 6,328 Micron shares on October 14. The transaction appears isolated and is small relative to the company, but it adds a modest negative signal during an already weak trading period. Monster insider trading alert for Micron stock

Insiders Place Their Bets

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction that occurred on 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 directly owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president directly 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 95,879 shares of company stock worth $90,939,466 in the last three months. 0.24% of the stock is owned by company insiders.

Micron Technology Price Performance

MU stock traded down $52.40 during trading on Friday, reaching $878.84. The company’s stock had a trading volume of 30,226,235 shares, compared to its average volume of 27,238,324. 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’s fifty day moving average is $985.88 and its 200-day moving average is $861.24. The company has a market capitalization of $994.34 billion, a P/E ratio of 11.84, a price-to-earnings-growth ratio of 0.16 and a beta of 2.22. Micron Technology, Inc. has a 1 year low of $192.40 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The business had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same period in the previous year, the business earned $3.03 earnings per share. The business’s revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, research 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 declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be issued 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 payout ratio is currently 0.81%.

About Micron Technology

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.