Turtle Creek Wealth Advisors LLC Buys 715 Shares of Micron Technology, Inc. $MU

Turtle Creek Wealth Advisors LLC lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 8.6% during the third quarter, HoldingsChannel.com reports. The firm owned 8,993 shares of the semiconductor manufacturer’s stock after purchasing an additional 715 shares during the period. Turtle Creek Wealth Advisors LLC’s holdings in Micron Technology were worth $9,579,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the stock. M.E. Allison & CO. Inc. boosted its holdings in 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 worth $1,528,000 after buying an additional 11 shares in the last quarter. Purus Wealth Management LLC grew its position in 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 buying an additional 11 shares during the period. Ables Iannone Moore & Associates Inc. grew its position in 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 buying an additional 12 shares during the period. Koesten Hirschmann & Crabtree INC. grew its position in Micron Technology by 5.6% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 228 shares of the semiconductor manufacturer’s stock worth $243,000 after buying an additional 12 shares during the period. Finally, Cherrydale Wealth Management LLC increased its holdings in Micron Technology by 1.4% in the second quarter. Cherrydale Wealth Management LLC now owns 972 shares of the semiconductor manufacturer’s stock valued at $1,122,000 after buying an additional 13 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction dated 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 sale, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred on 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 in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 95,879 shares of company stock valued at $90,939,466 over the last quarter. Corporate insiders own 0.24% of the company’s stock.

Micron Technology Price Performance

Micron Technology stock opened at $931.24 on Friday. Micron Technology, Inc. has a 52 week low of $192.40 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’s 50-day simple moving average is $985.86 and its 200 day simple moving average is $861.12. The firm has a market capitalization of $1.05 trillion, a PE ratio of 12.55, a P/E/G ratio of 0.16 and a beta of 2.22.

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 analysts’ consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion for the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm’s revenue was up 379.1% on a year-over-year basis. During the same period in the prior year, the company earned $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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

More Micron Technology News

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

• Positive Sentiment: Micron’s fundamental outlook remains strong. Fiscal 2026 revenue reportedly rose 256% to $133.2 billion, while tight DRAM and HBM supply is supporting significant margin expansion. The company is also accelerating construction of new fabs in Idaho and New York to increase capacity. Prediction: This Is What $2,000 Invested in Micron Stock Today Could Be Worth by 2029
• Positive Sentiment: Micron has signed 26 strategic customer agreements with pricing frameworks, helping reduce the traditional memory cycle risk. Its diversified customer base also means no single customer represented at least 10% of fiscal 2026 revenue. Micron’s Customer Contracts Just Took the Memory Cycle Off the Table
• Positive Sentiment: Analysts and commentators continue to identify MU as a buy-the-dip opportunity, citing AI-driven revenue growth, expanding margins and a lower valuation than some peers. Erste Group also raised its FY2027 earnings estimate, while Rosenblatt reaffirmed a Buy rating.
• Positive Sentiment: Elon Musk praised Micron’s approach to future memory pricing, and strong demand for AI infrastructure is expected to support high-value HBM shipments. ASML’s reported order backlog through 2030 also reinforces the long-term equipment and HBM demand outlook. ASML Just Delivered Excellent News for Micron Stock Investors
• Neutral Sentiment: Micron’s market capitalization is trailing several large companies, including Eli Lilly and Berkshire Hathaway, highlighting both the stock’s substantial rally and the possibility that investors are reassessing its valuation after recent volatility.
• Negative Sentiment: The principal overhang is China’s ChangXin Memory Technologies (CXMT), which is advancing in DDR5, LPDDR5X and server-memory products. Investors fear that Chinese competition could pressure prices and margins, although analysts note CXMT currently appears more competitive in lower-end memory than in Micron’s premium HBM products.
• Negative Sentiment: A broader AI and semiconductor sell-off, concerns about a possible memory oversupply by 2029, higher inflation and potential interest-rate increases have contributed to recent selling. Cathie Wood’s warning that memory-chip cycles remain “vicious” underscores the risk that today’s exceptional profits may not persist.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on MU shares. BNP Paribas Exane lifted their price target on shares of Micron Technology from $615.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Thursday, June 25th. Raymond James Financial reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. TD Cowen restated a “buy” rating and issued a $1,600.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Barclays upped their price target on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a report on Thursday, June 25th. Finally, New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and raised their price objective for the company from $470.00 to $1,250.00 in a research note on Friday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

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.