Micron Technology, Inc. $MU Stock Sold by Montrusco Bolton Investments Inc.

Montrusco Bolton Investments Inc. lessened its position in Micron Technology, Inc. (NASDAQ:MU) by 10.7% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 182,304 shares of the semiconductor manufacturer’s stock after selling 21,758 shares during the quarter. Micron Technology makes up 3.1% of Montrusco Bolton Investments Inc.’s investment portfolio, making the stock its 11th largest holding. Montrusco Bolton Investments Inc.’s holdings in Micron Technology were worth $194,174,000 at the end of the most recent quarter.

Several other hedge funds have also recently bought and sold shares of MU. Andar Capital Management HK Ltd grew its position in Micron Technology by 856,960.3% in the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after acquiring an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA purchased a new stake in Micron Technology during the second quarter worth about $22,182,263,000. Legal & General Group Plc purchased a new stake in Micron Technology during the second quarter worth about $8,402,393,000. Situational Awareness LP lifted its position in shares of Micron Technology by 1,149.0% during the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after purchasing an additional 5,289,124 shares in the last quarter. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Micron Technology during the second quarter worth about $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In related news, CAO Scott Allen sold 879 shares of the business’s stock in a transaction on Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the completion of the transaction, the chief accounting officer owned 34,958 shares in the company, valued at approximately $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the 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 directly owned 264,503 shares in the company, valued at $256,276,956.70. This trade represents a 13.14% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 95,879 shares of company stock valued at $90,939,466. Insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently commented on the stock. Citigroup raised their price objective on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a research note on Thursday, October 1st. Royal Bank Of Canada reiterated an “outperform” rating and set a $1,500.00 target price on shares of Micron Technology in a report on Thursday, October 1st. Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Finally, President Capital raised their price target on shares of Micron Technology to $1,500.00 and gave the company a “buy” rating in a research report on Friday, July 17th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat, Micron Technology presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology Stock Down 3.6%

Shares of MU stock traded down $35.85 during trading hours on Tuesday, reaching $953.19. 28,988,770 shares of the stock were exchanged, compared to its average volume of 41,277,551. The business’s fifty day moving average is $983.23 and its two-hundred day moving average is $849.12. The firm has a market capitalization of $1.08 trillion, a P/E ratio of 12.84, a P/E/G ratio of 0.18 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $186.25 and a 12-month high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results 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. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The company had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter in the previous year, the firm earned $3.03 earnings per share. The firm’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. As a group, research analysts expect that Micron Technology, Inc. will post 175.82 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron’s board increased its share-repurchase authorization to approximately $35 billion, potentially supporting earnings per share and signaling confidence in long-term cash generation. Micron buyback authorization
• Positive Sentiment: Recent results remain exceptionally strong: fiscal fourth-quarter revenue rose about 379% year over year to $54.23 billion, while adjusted EPS reached $33.42 and exceeded estimates. AI-driven HBM demand, higher 2027 contract prices and multi-year customer commitments could support additional margin growth. Micron more for longer
• Positive Sentiment: Rosenblatt reaffirmed a Buy rating with a $1,900 price target, while other bullish analysts argue that MU’s valuation remains discounted relative to its growth and profitability. Chinese competition and Micron valuation
• Neutral Sentiment: Some commentary argues that bearish AI headlines reflect misinterpreted revenue data and exaggerated platform or competitive concerns. However, investors remain focused on whether the current memory upcycle can last and whether Micron’s earnings represent peak-cycle performance. Bearish AI headlines
• Negative Sentiment: CXMT reported progress on a denser “4F square” DRAM architecture and plans to target server memory. Investors fear that successful commercialization could increase future supply, pressure DRAM prices and weaken Micron’s strongest margins, even though large-scale production and customer qualification remain unproven. Memory stocks fall on China development
• Negative Sentiment: A potential labor strike at Micron’s Taoyuan, Taiwan facility adds near-term execution and delivery risk. A $600 million Netlist settlement and recent insider selling are additional, though secondary, concerns for investors.

Micron Technology Profile

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.