Micron Technology, Inc. $MU Shares Sold by Brighton Jones LLC

Brighton Jones LLC decreased its holdings in Micron Technology, Inc. (NASDAQ:MU) by 6.5% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,098 shares of the semiconductor manufacturer’s stock after selling 1,666 shares during the quarter. Brighton Jones LLC’s holdings in Micron Technology were worth $25,667,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Andar Capital Management HK Ltd lifted its holdings in Micron Technology by 856,960.3% during 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 in the last quarter. Primecap Management Co. CA purchased a new position in Micron Technology in the 2nd quarter valued at approximately $22,182,263,000. Legal & General Group Plc acquired a new position in shares of Micron Technology in the second quarter worth $8,402,393,000. Situational Awareness LP grew its stake in shares of Micron Technology by 1,149.0% in the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after acquiring an additional 5,289,124 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Micron Technology during the second quarter worth $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Analyst Ratings Changes

Several brokerages have recently issued reports on MU. 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 research note on Wednesday, September 23rd. Robert W. Baird boosted their target price on Micron Technology from $1,280.00 to $1,520.00 and gave the stock an “outperform” rating in a research note on Monday, September 28th. President Capital boosted their target price on Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. TD Cowen restated a “buy” rating and set a $1,600.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a research 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, insider Scott Deboer sold 28,545 shares of Micron Technology stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the sale, the insider directly owned 147,430 shares of the company’s stock, valued at $132,687,000. The trade was a 16.22% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’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 transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 83,545 shares of company stock worth $78,460,850 over the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 5.1%

Shares of NASDAQ:MU opened at $690.00 on Friday. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week high of $1,255.00. The company’s 50 day moving average is $961.59 and its two-hundred day moving average is $754.99. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The company has a market cap of $780.68 billion, a PE ratio of 9.30, a P/E/G ratio of 0.12 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating analysts’ consensus estimates 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 net margin of 63.80% and a return on equity of 92.62%. The company’s revenue was up 379.1% on a year-over-year basis. During the same period last year, the business earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts predict that Micron Technology, Inc. will post 175.19 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th were paid a $0.15 dividend. The ex-dividend date was 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 currently 0.81%.

Key Micron Technology News

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

About Micron Technology

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices.

Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.