Micron Technology, Inc. $MU Stock Holdings Boosted by Valeo Financial Advisors LLC

Valeo Financial Advisors LLC lifted its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 13.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,851 shares of the semiconductor manufacturer’s stock after buying an additional 1,419 shares during the quarter. Valeo Financial Advisors LLC’s holdings in Micron Technology were worth $12,622,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the company. Andar Capital Management HK Ltd boosted its position in Micron Technology by 856,960.3% during the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock worth $39,571,847,000 after acquiring an additional 34,278,413 shares during the last quarter. Primecap Management Co. CA acquired a new position in Micron Technology during the second quarter worth $22,182,263,000. Bank of America Corp DE grew its holdings in Micron Technology by 26.6% in the 2nd quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock valued at $11,744,621,000 after buying an additional 2,136,470 shares in the last quarter. Legal & General Group Plc acquired a new stake in shares of Micron Technology in the 2nd quarter worth $8,402,393,000. Finally, Wellington Management Group LLP raised its holdings in shares of Micron Technology by 28.7% during the 2nd quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer’s stock worth $5,823,556,000 after acquiring an additional 1,125,414 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Down 4.4%

MU stock traded down $47.71 during trading on Thursday, hitting $1,040.29. 16,566,180 shares of the company’s stock were exchanged, compared to its average volume of 41,466,563. The stock has a market capitalization of $1.17 trillion, a price-to-earnings ratio of 14.02, a PEG ratio of 0.18 and a beta of 2.22. Micron Technology, Inc. has a 52-week low of $179.61 and a 52-week high of $1,255.00. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The business has a 50-day moving average price of $972.71 and a two-hundred day moving average price of $836.22.

Micron Technology (NASDAQ:MU) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The business had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. During the same quarter in the prior year, the business posted $3.03 EPS. The company’s revenue for the quarter 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, equities research analysts expect that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th will be paid a $0.15 dividend. 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 currently 0.81%.

Key Headlines Impacting 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 fourth-quarter 2026, representing 73% of total revenue. Analysts view DRAM and high-bandwidth memory as major beneficiaries of continued 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. That improves demand visibility and supports the argument that the current memory cycle could last longer than traditional cycles. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: DA Davidson raised its price target from $2,100 to a Street-high $3,000 and maintained a Buy rating, citing AI-driven demand that could keep memory supply constrained through 2028. Zacks Research also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Neutral Sentiment: Micron will pay $600 million to settle its patent dispute with Netlist, securing a five-year license. The agreement removes litigation uncertainty but creates a substantial one-time cash cost. Micron Technology and Netlist Settle Patent Dispute
• Negative Sentiment: A union representing workers at Micron’s Taoyuan facility in Taiwan—one of the company’s largest production hubs—authorized a strike over bonus negotiations. No walkout has been announced, but a disruption could threaten output and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s preliminary results disappointed investors despite strong profit growth, cooling the broader memory trade. The news has renewed concerns about peak margins, future supply increases and the historically cyclical nature of memory chips. The Memory Trade Cools After Samsung’s Preliminary Results Disappoint

Insider Activity

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction that occurred on Friday, August 21st. The stock was sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the transaction, the chief executive officer owned 264,503 shares in the company, valued at approximately $256,276,956.70. The trade was a 13.14% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CAO Scott R. Allen sold 879 shares of the 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 transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over 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.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on MU shares. Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. BNP Paribas Exane upped their price objective on Micron Technology from $615.00 to $1,700.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Wells Fargo & Company lowered their price objective on 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. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, TD Cowen reissued a “buy” rating and issued a $1,600.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. One research 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 company. Based on data from MarketBeat.com, Micron Technology has a consensus rating of “Moderate Buy” and a consensus 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.