Sapient Capital LLC Reduces Position in Micron Technology, Inc. $MU

Sapient Capital LLC reduced its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 1.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 62,959 shares of the semiconductor manufacturer’s stock after selling 742 shares during the period. Micron Technology accounts for approximately 0.9% of Sapient Capital LLC’s holdings, making the stock its 16th biggest position. Sapient Capital LLC’s holdings in Micron Technology were worth $67,058,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Atwood & Palmer Inc. acquired a new stake in Micron Technology in the 3rd quarter worth $133,000. Aletheian Wealth Advisors LLC grew its holdings in shares of Micron Technology by 1.6% during the 3rd quarter. Aletheian Wealth Advisors LLC now owns 914 shares of the semiconductor manufacturer’s stock worth $974,000 after purchasing an additional 14 shares in the last quarter. Everhart Financial Group Inc. increased its position in shares of Micron Technology by 2.7% during the third quarter. Everhart Financial Group Inc. now owns 11,506 shares of the semiconductor manufacturer’s stock valued at $12,255,000 after purchasing an additional 305 shares during the period. Gradient Investments LLC acquired a new position in shares of Micron Technology in the third quarter valued at $5,150,000. Finally, Valeo Financial Advisors LLC raised its stake in shares of Micron Technology by 13.6% in the third quarter. Valeo Financial Advisors LLC now owns 11,851 shares of the semiconductor manufacturer’s stock valued at $12,622,000 after purchasing an additional 1,419 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the business’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 transaction, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. The trade was a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO Scott Allen sold 879 shares of the stock in a transaction on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the sale, the chief accounting officer owned 34,958 shares in the company, valued at $34,958,000. The trade was a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 95,879 shares of company stock valued at $90,939,466. 0.24% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on MU shares. ThinkEquity reiterated a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. TD Cowen reaffirmed a “buy” rating and set a $1,600.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. Seaport Research Partners reiterated a “buy” rating on shares of Micron Technology in a research report on Friday, August 14th. New Street Research raised shares of Micron Technology from a “neutral” rating to a “buy” rating and upped their target price for the company from $470.00 to $1,250.00 in a research note on Friday, August 14th. Finally, HSBC increased their price target on shares of Micron Technology from $1,100.00 to $1,700.00 and gave the stock a “buy” rating in a research report 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 assigned a Hold rating to the stock. Based on data from MarketBeat, Micron Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Micron Technology Price Performance

Shares of Micron Technology stock traded down $52.16 during mid-day trading on Thursday, reaching $1,035.84. 29,761,444 shares of the stock were exchanged, compared to its average volume of 41,539,305. Micron Technology, Inc. has a fifty-two week low of $179.61 and a fifty-two week high of $1,255.00. The company has a market cap of $1.17 trillion, a price-to-earnings ratio of 13.96, a price-to-earnings-growth ratio of 0.18 and a beta of 2.22. The firm has a 50-day simple moving average of $975.93 and a 200 day simple moving average of $840.54. 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 (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping 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 firm had revenue of $54.23 billion for the quarter, compared to analysts’ expectations of $51.33 billion. During the same period in the prior year, the firm earned $3.03 earnings per share. The company’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. On average, sell-side analysts predict that Micron Technology, Inc. will post 175.82 EPS for the current fiscal year.

Micron Technology Dividend Announcement

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 given a $0.15 dividend. The ex-dividend date is Wednesday, October 14th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 0.81%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: AI memory demand remains the primary bullish catalyst. Analysts expect the semiconductor rally to continue into year-end, with Micron among the likely leaders. More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations—evidence of strong visibility and constrained supply. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Fundamentals and estimates remain exceptionally strong. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted EPS of $33.42, while guiding to fiscal first-quarter 2027 EPS of $37.15-$39.15. Fiscal 2026 DRAM revenue reached approximately $39.8 billion, representing 73% of total revenue, and NAND growth is increasingly supported by data-center SSD demand. Micron’s DRAM Sales Reach $40B
• Positive Sentiment: Analyst sentiment is highly favorable. Zacks upgraded Micron to “Strong Buy,” and D.A. Davidson raised its price target to a Street-high $3,000 from $2,100, citing a multi-year period in which AI memory demand could exceed supply. Analyst Sets Street-High Micron Stock Price Target
• Neutral Sentiment: Micron agreed to pay $600 million to settle a Netlist patent dispute. The payment is a material cost, but resolving the litigation removes a continuing legal overhang and provides a five-year license to Netlist’s patent portfolio. Micron Technology and Netlist Settle Patent Dispute
• Negative Sentiment: A Taiwan labor dispute is pressuring the stock. Workers at Micron’s Taoyuan facility overwhelmingly authorized a strike over bonus changes. No walkout has been announced, but Taiwan is a major manufacturing base, creating risk of production delays, higher costs or customer concerns. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Sector and macro pressures are also weighing on MU. Samsung’s record preliminary profit highlighted memory strength but failed to reassure investors concerned that the memory cycle may eventually peak. Higher Treasury yields and a broader technology selloff are adding near-term valuation pressure. The Memory Trade Cools After Samsung’s Preliminary Results Disappoint

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.