224,673 Micron Technology, Inc. $MU Shares Sold by International Assets Investment Management LLC

International Assets Investment Management LLC lowered its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 90.0% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 25,000 shares of the semiconductor manufacturer’s stock after selling 224,673 shares during the period. International Assets Investment Management LLC’s holdings in Micron Technology were worth $26,628,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Lebenthal Global Advisors LLC grew its stake in shares of Micron Technology by 17.5% during the 3rd quarter. Lebenthal Global Advisors LLC now owns 2,191 shares of the semiconductor manufacturer’s stock worth $2,334,000 after acquiring an additional 327 shares during the period. Canopy Partners LLC increased its holdings in Micron Technology by 7.9% in the 3rd quarter. Canopy Partners LLC now owns 2,503 shares of the semiconductor manufacturer’s stock worth $2,666,000 after acquiring an additional 184 shares during the last quarter. Brian Low Financial Group LLC bought a new stake in Micron Technology in the 3rd quarter valued at about $260,000. Glenview Trust Co raised its stake in Micron Technology by 4.0% in the 3rd quarter. Glenview Trust Co now owns 1,378 shares of the semiconductor manufacturer’s stock valued at $1,468,000 after acquiring an additional 53 shares during the period. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al raised its stake in Micron Technology by 4.4% in the 3rd quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 280,509 shares of the semiconductor manufacturer’s stock valued at $298,773,000 after acquiring an additional 11,920 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology News Summary

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

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Raymond James Financial reaffirmed an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. New Street Research raised shares of Micron Technology from a “neutral” rating to a “buy” rating and boosted their price target for the company from $470.00 to $1,250.00 in a research report on Friday, August 14th. Robert W. Baird upped their price target on shares of Micron Technology from $1,280.00 to $1,520.00 and gave the company an “outperform” rating in a research note on Monday, September 28th. ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. Finally, William Blair set a $1,300.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology Trading Down 5.3%

Shares of MU opened at $884.74 on Friday. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. The stock has a market cap of $1.00 trillion, a PE ratio of 11.92, a P/E/G ratio of 0.16 and a beta of 2.22. 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 business’s 50-day moving average price is $978.68 and its 200-day moving average price is $744.52.

Micron Technology (NASDAQ:MU) last released 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. 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 analyst estimates of $51.33 billion. During the same period last year, the business earned $3.03 earnings per share. Micron Technology’s 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. On average, equities analysts forecast that Micron Technology, Inc. will post 177.03 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Activity at Micron Technology

In related news, insider Scott Deboer sold 28,545 shares of the business’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the transaction, the insider directly owned 147,430 shares in the company, valued at $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Sumit Sadana sold 15,000 shares of the company’s stock in a transaction dated 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 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. Over the last quarter, insiders sold 83,545 shares of company stock valued at $78,460,850. Company insiders own 0.24% of the company’s stock.

Micron Technology 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.