Micron Technology, Inc. $MU Stock: Everest Financial Group LLC Grows Holdings

Everest Financial Group LLC boosted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 25,031 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,898 shares during the quarter. Micron Technology makes up approximately 3.1% of Everest Financial Group LLC’s portfolio, making the stock its 9th largest holding. Everest Financial Group LLC’s holdings in Micron Technology were worth $26,661,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in MU. Bullseye Investment Management LLC acquired a new stake in shares of Micron Technology in the 2nd quarter valued at $27,000. Aventus Investment Advisors Inc. acquired a new stake in Micron Technology in the 3rd quarter valued at approximately $30,000. Steph & Co. bought a new position in Micron Technology during the third quarter worth $31,000. Montgomery Financial Services LLC bought a new position in shares of Micron Technology during the 2nd quarter worth about $38,000. Finally, Bfsg LLC raised its holdings in Micron Technology by 1,950.0% in the 3rd quarter. Bfsg LLC now owns 41 shares of the semiconductor manufacturer’s stock valued at $44,000 after acquiring an additional 39 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Micron Technology

In other news, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value 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 represents a 7.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Scott J. Deboer sold 28,545 shares of the company’s stock in a transaction that occurred 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. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 over the last ninety days. 0.24% of the stock is currently owned by corporate insiders.

Trending Headlines about Micron Technology

Investors following MU have been watching these headlines:

• Positive Sentiment: Tight supply supports memory pricing. Reports say Micron has largely sold its high-bandwidth memory production for next year, reinforcing expectations that AI-driven demand and limited supply can sustain its business. Micron high-bandwidth memory article
• Neutral Sentiment: Micron plans a $1 billion investment in Anthropic’s private placement. The move ties Micron more closely to the AI ecosystem, but the investment’s eventual returns and strategic benefits are uncertain. Micron Anthropic investment article
• Negative Sentiment: Nvidia-related uncertainty is pressuring semiconductor shares. Reports of a leadership shakeup involving CEO Jensen Huang unsettled investors because Micron’s memory-chip demand is tied partly to AI-chip and data-center growth. The concern contributed to a retreat after Wednesday’s rally. Why Micron stock pulled back

Micron Technology Trading Down 1.6%

Shares of NASDAQ:MU opened at $798.44 on Friday. 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 firm has a market cap of $903.37 billion, a price-to-earnings ratio of 10.76, a PEG ratio of 0.14 and a beta of 2.36. The company’s fifty day simple moving average is $947.33 and its 200 day simple moving average is $762.45. Micron Technology, Inc. has a 12 month low of $192.59 and a 12 month high of $1,255.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The business had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. Micron Technology’s quarterly revenue was up 379.1% on a year-over-year basis. During the same period last year, the company earned $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, research analysts forecast that Micron Technology, Inc. will post 174.19 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were issued a $0.15 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Mizuho raised their price objective on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, October 1st. William Blair set a $1,300.00 price target on shares of Micron Technology in a research report on Thursday, October 1st. Wedbush restated an “outperform” rating and set a $1,400.00 target price on shares of Micron Technology in a report on Monday, September 28th. Arete Research boosted their price objective on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Tuesday, July 21st. Finally, KeyCorp restated an “overweight” rating on shares of Micron Technology in a research report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat, Micron Technology currently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Company Profile

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.