Micron Technology, Inc. $MU Stock: Teamwork Financial Advisors LLC Raises Holdings

Teamwork Financial Advisors LLC lifted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 150.1% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,771 shares of the semiconductor manufacturer’s stock after acquiring an additional 8,265 shares during the quarter. Micron Technology accounts for approximately 1.6% of Teamwork Financial Advisors LLC’s investment portfolio, making the stock its 19th biggest holding. Teamwork Financial Advisors LLC’s holdings in Micron Technology were worth $14,668,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Crown Wealth Group LLC grew its holdings in Micron Technology by 7.8% in the third quarter. Crown Wealth Group LLC now owns 1,037 shares of the semiconductor manufacturer’s stock valued at $1,105,000 after purchasing an additional 75 shares during the period. Richards Merrill & Peterson Inc. increased its position in shares of Micron Technology by 15.6% in the third quarter. Richards Merrill & Peterson Inc. now owns 5,960 shares of the semiconductor manufacturer’s stock valued at $6,348,000 after buying an additional 804 shares in the last quarter. Kondo Wealth Advisors Inc. increased its position in shares of Micron Technology by 4.1% in the third quarter. Kondo Wealth Advisors Inc. now owns 403 shares of the semiconductor manufacturer’s stock valued at $429,000 after buying an additional 16 shares in the last quarter. Washburn Capital Management Inc. raised its stake in shares of Micron Technology by 3.9% during the 3rd quarter. Washburn Capital Management Inc. now owns 2,695 shares of the semiconductor manufacturer’s stock worth $2,870,000 after buying an additional 101 shares during the period. Finally, New Wave Wealth Advisors LLC raised its stake in shares of Micron Technology by 13.6% during the 3rd quarter. New Wave Wealth Advisors LLC now owns 3,659 shares of the semiconductor manufacturer’s stock worth $3,897,000 after buying an additional 439 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the company’s 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 sale, the executive vice president directly owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’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 sale, the chief executive officer owned 264,503 shares of the company’s stock, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 95,879 shares of company stock worth $90,939,466. 0.24% of the stock is owned by corporate insiders.

Micron Technology Stock Up 3.0%

Shares of NASDAQ MU opened at $904.90 on Tuesday. The stock has a market cap of $1.02 trillion, a PE ratio of 12.19, a P/E/G ratio of 0.15 and a beta of 2.22. 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 12-month low of $192.40 and a 12-month high of $1,255.00. The company has a 50-day moving average of $986.76 and a 200 day moving average of $869.04.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. The business had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business’s revenue was up 379.1% on a year-over-year basis. During the same period last year, the company posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, sell-side analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors of record on Wednesday, October 14th will be issued a $0.15 dividend. 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 dividend payout ratio (DPR) is currently 0.81%.

Key Micron Technology News

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

• Positive Sentiment: Memory-chip stocks rebounded as fears of an AI-spending slowdown eased. Micron’s rally was part of a broader recovery that also lifted SanDisk and SK Hynix, suggesting sector-wide sentiment—not company-specific news alone—helped drive the move. Micron stock is rebounding today: here’s why
• Positive Sentiment: Wall Street commentary indicates memory prices could continue rising through at least 2027, countering recent concerns about competition and a potential supply glut. A Chinese rival’s projected revenue boom was also interpreted as evidence of strong underlying memory demand. Why Micron Stock Bounced on Monday
• Positive Sentiment: Elon Musk described Micron as more reasonable on future memory pricing than some competitors. JPMorgan reportedly counted 26 long-term agreements and approximately $150 billion in contracted backlog, with deals covering more than one-third of projected sales through 2030. The agreements improve revenue visibility, although pricing limits some near-term upside. Musk Love: Micron Is Reasonable on Memory Prices
• Positive Sentiment: Recent coverage highlights Micron’s AI-oriented DRAM and NAND demand, robust profitability, and valuation that looks low relative to its earnings growth. Its latest reported quarter included sharply higher revenue and earnings that exceeded consensus estimates.
• Neutral Sentiment: Micron will host a technology webinar on October 21. Investors may look for updates on AI memory demand, production plans, and the company’s outlook. Micron to Host Technology Webinar on Oct. 21
• Negative Sentiment: Micron’s Taoyuan union in Taiwan voted overwhelmingly to authorize a strike, and Taiwan’s president urged the company and workers to negotiate. A work stoppage could disrupt production because Taiwan is central to Micron’s DRAM manufacturing, although negotiations may prevent a strike. A Micron Union in Taiwan Voted 99% to Authorize a Strike
• Negative Sentiment: Investors continue to weigh longer-term risks from Chinese memory-chip competition, new factory capacity, and the possibility that elevated AI demand and memory prices will eventually normalize. These concerns contributed to the stock’s recent pullback and could keep volatility high.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on MU shares. Phillip Securities increased their target price on Micron Technology from $530.00 to $1,870.00 and gave the company a “buy” rating in a research report on Monday, June 29th. Itau BBA Securities lifted their price target on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. Erste Group Bank raised shares of Micron Technology from a “hold” rating to a “buy” rating in a report on Thursday, June 25th. Royal Bank Of Canada reissued an “outperform” rating and issued a $1,500.00 price target on shares of Micron Technology in a report on Thursday, October 1st. Finally, Wells Fargo & Company reduced their price objective on shares of Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a research report on Wednesday, September 23rd. One 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. According to data from MarketBeat, Micron Technology presently has an average rating of “Moderate Buy” and an average price target of $1,407.88.

About Micron Technology

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.