Micron Technology, Inc. $MU Shares Acquired by Collaborative Fund Advisors LLC

Collaborative Fund Advisors LLC increased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 136.6% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,287 shares of the semiconductor manufacturer’s stock after buying an additional 1,898 shares during the quarter. Micron Technology comprises about 1.9% of Collaborative Fund Advisors LLC’s portfolio, making the stock its 7th biggest position. Collaborative Fund Advisors LLC’s holdings in Micron Technology were worth $3,501,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in MU. M.E. Allison & CO. Inc. increased its holdings in shares of Micron Technology by 0.8% during the second quarter. M.E. Allison & CO. Inc. now owns 1,324 shares of the semiconductor manufacturer’s stock valued at $1,528,000 after acquiring an additional 11 shares in the last quarter. Purus Wealth Management LLC raised its position in shares of Micron Technology by 1.4% during the third quarter. Purus Wealth Management LLC now owns 814 shares of the semiconductor manufacturer’s stock worth $867,000 after purchasing an additional 11 shares during the period. Ables Iannone Moore & Associates Inc. raised its position in shares of Micron Technology by 5.3% during the third quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock worth $252,000 after purchasing an additional 12 shares during the period. Koesten Hirschmann & Crabtree INC. lifted its holdings in shares of Micron Technology by 5.6% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 228 shares of the semiconductor manufacturer’s stock worth $243,000 after purchasing an additional 12 shares in the last quarter. Finally, Physician Wealth Advisors Inc. lifted its holdings in shares of Micron Technology by 1.6% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 762 shares of the semiconductor manufacturer’s stock worth $812,000 after purchasing an additional 12 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, insider Scott Deboer sold 28,545 shares of the company’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares in the company, valued at $132,687,000. This represents a 16.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction dated 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 completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 83,545 shares of company stock valued at $78,460,850 in the last three months. 0.24% of the stock is currently owned by insiders.

Micron Technology Stock Down 7.0%

MU stock opened at $795.23 on Thursday. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. 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 stock’s 50 day moving average is $972.16 and its 200-day moving average is $751.90. The firm has a market capitalization of $899.74 billion, a PE ratio of 10.72, a P/E/G ratio of 0.15 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (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 company had revenue of $54.23 billion for the quarter, compared to analysts’ expectations of $51.33 billion. During the same quarter in the previous year, the firm earned $3.03 earnings per share. Micron Technology’s quarterly 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. Sell-side analysts expect that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th were issued a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology’s payout ratio is currently 0.81%.

Micron Technology News Roundup

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

• Positive Sentiment: Apple expects memory prices to keep rising beyond its December quarter, a sign of continued pricing strength that could support Micron’s revenue and margins. Apple Says It Will Keep Paying More for Memory Chips After December
• Positive Sentiment: A bullish outlook argues that AI-driven memory demand and chip shortages may persist, supporting the case for continued growth. Prediction: Micron Stock Will Triple in 2027
• Negative Sentiment: Investors reportedly grew concerned that Democratic election gains could slow AI data-center construction. If spending is delayed, memory demand could weaken, inventories rise and Micron’s pricing power fade. Why Micron Stock Is Falling Today
• Negative Sentiment: Memory and storage shares sold off even as the broader market advanced, reflecting concern about AI investment plans and whether higher memory costs could curb hardware demand. Micron Stock Faces a Memory Price Conundrum in Wake of Democrat Success
• Negative Sentiment: Market commentator Tom Sosnoff warned that the semiconductor selloff could have further to run, adding near-term risk for MU. Micron Stock Ranks at Top of the Funnel, but Chip Selloff Has Room to Run

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on MU shares. DA Davidson lifted their price target on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the company a “buy” rating in a research report on Wednesday, October 7th. William Blair set a $1,300.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. Robert W. Baird upped their price objective on shares of Micron Technology from $1,280.00 to $1,520.00 and gave the stock an “outperform” rating in a report on Monday, September 28th. Wells Fargo & Company dropped their price objective on shares of Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 23rd. Finally, CLSA reaffirmed an “outperform” rating and issued a $1,700.00 price objective on shares of Micron Technology in a research note on Friday, October 2nd. One research 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, the company presently has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

About Micron Technology

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.