Micron Technology, Inc. $MU Stock: Greenleaf Trust Decreases Holdings

Greenleaf Trust trimmed its holdings in Micron Technology, Inc. (NASDAQ:MU) by 3.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 23,051 shares of the semiconductor manufacturer’s stock after selling 731 shares during the quarter. Greenleaf Trust’s holdings in Micron Technology were worth $24,552,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. DecisionMap Wealth Management LLC grew its holdings in Micron Technology by 8.6% during the third quarter. DecisionMap Wealth Management LLC now owns 795 shares of the semiconductor manufacturer’s stock worth $847,000 after acquiring an additional 63 shares during the period. Verus Financial Partners Inc. lifted its holdings in Micron Technology by 5.0% in the third quarter. Verus Financial Partners Inc. now owns 500 shares of the semiconductor manufacturer’s stock valued at $533,000 after acquiring an additional 24 shares during the period. Columbia Bank lifted its holdings in Micron Technology by 56.7% in the third quarter. Columbia Bank now owns 2,845 shares of the semiconductor manufacturer’s stock valued at $3,030,000 after acquiring an additional 1,030 shares during the period. Mirae Asset Global Investments Co. Ltd. purchased a new stake in Micron Technology in the 3rd quarter worth approximately $1,437,216,000. Finally, Aviance Capital Partners LLC boosted its position in Micron Technology by 40.0% in the 3rd quarter. Aviance Capital Partners LLC now owns 3,363 shares of the semiconductor manufacturer’s stock worth $3,582,000 after purchasing an additional 960 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the transaction, 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 transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction on Friday, August 21st. The shares were 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 owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 83,545 shares of company stock valued at $78,460,850 over the last ninety days. Insiders own 0.24% of the company’s stock.

Analysts Set New Price Targets

MU has been the topic of a number of analyst reports. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. Arete Research boosted their target price on shares of Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Wedbush reissued an “outperform” rating and set a $1,400.00 price target on shares of Micron Technology in a report on Monday, September 28th. CLSA reissued an “outperform” rating and set a $1,700.00 price target on shares of Micron Technology in a report on Friday, October 2nd. Finally, Citigroup raised their price target on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. 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 stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

More Micron Technology News

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

• Positive Sentiment: Memory demand remains exceptionally strong. SK Hynix said its available memory capacity is effectively sold out through 2029, supporting expectations for sustained pricing power in DRAM, NAND and high-bandwidth memory (HBM)—markets in which Micron is a major supplier. SK Hynix Just Delivered Fantastic News for Micron
• Positive Sentiment: Several analysts remain bullish, arguing that Micron’s supply is unlikely to catch up with demand before fiscal 2028 and that HBM prices could rise significantly in 2027. Reports also cite customer agreements that have locked in much of next year’s shipments, potentially supporting record earnings and visibility. Micron Stock: Why I’m Buying, Not Panicking
• Positive Sentiment: Attractive projected earnings growth and a low forward valuation are encouraging some investors to view the recent weakness as a buying opportunity. Micron is also receiving attention as an AI beneficiary, while its inclusion among major S&P 500 ETF holdings can support recurring institutional demand. Think You Missed Out on Micron’s Run? Think Again.
• Neutral Sentiment: Micron’s investment case remains highly dependent on continued AI infrastructure spending. Articles present the company as potentially resilient if AI budgets slow, but also warn that memory stocks could be among the more exposed semiconductor businesses if customers reduce or delay data-center investment. If AI Spending Slows in 2027, These Semiconductor Stocks Could Hold Up Best
• Negative Sentiment: The immediate pressure came from a wider technology and semiconductor selloff following disappointing results from Amazon and Intel. Weakness in Alphabet and Samsung also reduced risk appetite and caused investors to reassess elevated expectations for memory stocks. Why are Micron, SK Hynix and SanDisk stocks falling on Friday?
• Negative Sentiment: SanDisk’s strong earnings and raised outlook failed to prevent a sharp decline in memory shares, highlighting profit-taking and valuation concerns. Meanwhile, China’s CXMT reported a 613% revenue increase, signaling a growing competitive threat to established suppliers such as Micron over time. CXMT posts 613% jump in revenue as Micron, SanDisk shares tumble

Micron Technology Price Performance

MU stock opened at $884.74 on Monday. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week 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 firm has a 50-day simple moving average of $978.68 and a 200-day simple moving average of $744.52. The stock has a market capitalization of $1.00 trillion, a P/E ratio of 11.92, a P/E/G ratio of 0.15 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results 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. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. 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 posted $3.03 EPS. Micron Technology’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. Equities analysts forecast that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Micron Technology Company Profile

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.