Micron Technology, Inc. $MU Stock Sold by Sepio Capital LP

Sepio Capital LP decreased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 69.0% during the third quarter, HoldingsChannel reports. The institutional investor owned 292 shares of the semiconductor manufacturer’s stock after selling 651 shares during the period. Sepio Capital LP’s holdings in Micron Technology were worth $312,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. M.E. Allison & CO. Inc. lifted its position 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 valued at $1,528,000 after purchasing an additional 11 shares during the period. Purus Wealth Management LLC lifted its holdings in Micron Technology by 1.4% in the third quarter. Purus Wealth Management LLC now owns 814 shares of the semiconductor manufacturer’s stock valued at $867,000 after acquiring an additional 11 shares during the period. Ables Iannone Moore & Associates Inc. grew its stake in shares of Micron Technology by 5.3% during the 3rd quarter. Ables Iannone Moore & Associates Inc. now owns 237 shares of the semiconductor manufacturer’s stock valued at $252,000 after purchasing an additional 12 shares during the period. Koesten Hirschmann & Crabtree INC. increased its position in shares of Micron Technology by 5.6% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 228 shares of the semiconductor manufacturer’s stock valued at $243,000 after purchasing an additional 12 shares during the last quarter. Finally, Physician Wealth Advisors Inc. grew its position in Micron Technology by 1.6% during the third quarter. Physician Wealth Advisors Inc. now owns 762 shares of the semiconductor manufacturer’s stock valued at $812,000 after buying an additional 12 shares during the period. Institutional investors own 80.84% of the company’s stock.

Micron Technology Stock Performance

Micron Technology stock traded up $21.06 during trading hours on Friday, hitting $877.55. 21,158,147 shares of the stock traded hands, compared to its average volume of 26,886,320. The firm’s 50 day moving average price is $983.61 and its 200-day moving average price is $880.05. The stock has a market capitalization of $992.88 billion, a price-to-earnings ratio of 11.83, a P/E/G ratio of 0.15 and a beta of 2.22. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating the consensus estimate of $31.77 by $1.65. The company 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 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 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities analysts expect 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 yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s payout ratio is presently 0.81%.

Insider Buying and Selling

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the 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 completion of the transaction, 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 legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Scott Deboer sold 28,545 shares of the company’s stock in a transaction on 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 sale, the insider directly owned 147,430 shares of the company’s stock, valued at $132,687,000. The trade was a 16.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 in the last 90 days. Insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several brokerages have weighed in on MU. Raymond James Financial reaffirmed an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. The Goldman Sachs Group set a $1,250.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $1,650.00 target price on shares of Micron Technology in a research report on Thursday. UBS Group restated a “buy” rating and set a $1,625.00 price target (up from $535.00) on shares of Micron Technology in a research note on Wednesday, September 23rd. Finally, Susquehanna reaffirmed a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Micron Technology News Roundup

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

• Positive Sentiment: Improved industry sentiment: A broad rebound in semiconductor stocks lifted Micron, SK Hynix and SanDisk as investors returned to AI and memory names following a sharp pullback. Why are Micron, SK Hynix, and SanDisk stocks climbing on Friday?
• Positive Sentiment: Favorable supply dynamics: SK Hynix’s decision to abandon a planned U.S. IPO for its Solidigm flash-memory unit could reduce concerns about additional NAND supply entering the market, potentially benefiting Micron and SanDisk. Micron, Sandisk gain as SK Hynix scraps Solidigm IPO
• Positive Sentiment: Analyst and growth support: Erste Group raised its FY2028 EPS forecast to $201.26 from $199.05 and maintained a Buy rating. Analysts continue to point to Micron’s AI-driven HBM demand, improving margins and relatively low valuation as reasons for optimism. Micron earnings estimate update
• Neutral Sentiment: Strategic investment: Micron’s planned investment in U.S. critical-mineral processing supports its domestic supply-chain strategy, although the near-term financial impact is unclear. Micron critical-minerals investment
• Negative Sentiment: Technology execution risk: Micron’s next-generation memory architecture could improve data movement for AI processors, but placing more memory closer to computing units creates difficult cooling and heat-management challenges. Micron’s Next AI Memory Breakthrough Has a Cooling Problem
• Negative Sentiment: Insider selling and volatility: Recent filings show extensive insider selling with no reported open-market purchases, while technical commentary warns that the recovery remains fragile amid ongoing concerns about AI spending, interest rates and valuation.

Micron Technology Company 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.