Micron Technology, Inc. $MU Shares Bought by Whalen Wealth Management Inc.

Whalen Wealth Management Inc. grew its position in Micron Technology, Inc. (NASDAQ:MU) by 73.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,724 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,153 shares during the quarter. Micron Technology comprises approximately 1.3% of Whalen Wealth Management Inc.’s investment portfolio, making the stock its 19th biggest holding. Whalen Wealth Management Inc.’s holdings in Micron Technology were worth $2,901,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Kohmann Bosshard Financial Services LLC acquired a new stake in Micron Technology in the 1st quarter worth approximately $27,000. Bullseye Investment Management LLC acquired a new stake in shares of Micron Technology during the second quarter worth $27,000. Bayban purchased a new stake in shares of Micron Technology during the fourth quarter valued at $29,000. Steph & Co. acquired a new position in shares of Micron Technology in the 3rd quarter valued at $31,000. Finally, Financial Life Planners purchased a new position in Micron Technology in the 1st quarter worth $36,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have weighed in on the company. Rosenblatt Securities boosted their price target on Micron Technology from $1,500.00 to $1,900.00 and gave the company a “buy” rating in a research note on Thursday, October 1st. William Blair set a $1,300.00 target price on Micron Technology in a research report on Thursday, October 1st. Wedbush reiterated an “outperform” rating and issued a $1,400.00 price target on shares of Micron Technology in a report on Monday, September 28th. Arete Research raised their price target 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, JPMorgan Chase & Co. lifted their price objective on shares of Micron Technology from $550.00 to $1,540.00 and gave the company an “overweight” rating in a research note on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology currently has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology Price Performance

Shares of Micron Technology stock traded down $42.04 during trading hours on Thursday, reaching $1,045.96. The stock had a trading volume of 12,208,026 shares, compared to its average volume of 41,446,934. The firm has a market capitalization of $1.18 trillion, a PE ratio of 14.12, a PEG ratio of 0.18 and a beta of 2.22. The stock’s 50 day moving average is $972.71 and its 200 day moving average is $836.22. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a twelve month low of $179.61 and a twelve month high of $1,255.00.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 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 analyst estimates of $51.33 billion. During the same period last year, the company earned $3.03 earnings per share. 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 expect that Micron Technology, Inc. will post 175.82 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Insider Activity

In other news, CAO Scott Allen sold 879 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the firm’s stock in a transaction that occurred 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 approximately $256,276,956.70. This trade represents a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 95,879 shares of company stock worth $90,939,466 over the last 90 days. 0.24% of the stock is currently owned by company insiders.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron’s DRAM revenue reached a record $39.8 billion in fiscal Q4 2026, representing 73% of total revenue. The result highlights Micron’s position as a major beneficiary of AI infrastructure spending. Micron’s DRAM Sales Reach $40B: Can AI Demand Drive Growth?
• Positive Sentiment: More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. This improves demand visibility and supports the view that AI-related memory shortages could persist longer than expected. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: D.A. Davidson raised its Micron price target to a Street-high $3,000 from $2,100 and maintained a Buy rating, citing AI demand that could keep memory supply constrained through 2028. Zacks also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Positive Sentiment: Micron’s data-center SSD business is helping diversify growth: NAND revenue surged, and data-center SSDs now account for more than 70% of NAND sales. Analysts argue this mix may make earnings less cyclical. Micron: NAND Is Not One Market Anymore
• Neutral Sentiment: Micron will pay Netlist $600 million over five years to settle patent litigation and obtain a license. The agreement removes legal uncertainty but creates a material ongoing cost. Micron Technology, Netlist Settle Patent Dispute
• Neutral Sentiment: Micron is scheduled to pay its final 2026 dividend later this month, providing modest shareholder income but likely having limited influence on the stock’s daily trading.
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan, a key manufacturing hub, voted overwhelmingly to authorize a strike over bonuses. No walkout has been announced, but a failed mediation could threaten production and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s forecast for record quarterly profit has prompted mixed trading: it confirms strong memory demand but also raises concerns about increasing competition, lofty sector expectations and eventual supply normalization. Investors are also watching whether Micron’s margins have peaked.

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.