4,656 Micron Technology, Inc. $MU Shares Purchased by CenterBook Partners LP

CenterBook Partners LP increased its position in Micron Technology, Inc. (NASDAQ:MU) by 30.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 19,854 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,656 shares during the quarter. Micron Technology comprises about 0.9% of CenterBook Partners LP’s holdings, making the stock its 9th biggest holding. CenterBook Partners LP’s holdings in Micron Technology were worth $21,147,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Gibbs Wealth Management boosted its stake in shares of Micron Technology by 52.7% in the 3rd quarter. Gibbs Wealth Management now owns 6,041 shares of the semiconductor manufacturer’s stock valued at $6,435,000 after purchasing an additional 2,085 shares in the last quarter. Denali Advisors LLC bought a new stake in Micron Technology in the second quarter worth $7,364,000. Castleark Management LLC bought a new stake in Micron Technology in the first quarter worth $3,709,000. Oppenheimer & Co. Inc. boosted its position in Micron Technology by 16.0% during the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock valued at $56,006,000 after buying an additional 6,702 shares during the period. Finally, Legacy Wealth Management LLC MS boosted its position in Micron Technology by 73.3% during the second quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock valued at $4,091,000 after buying an additional 1,499 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insider Activity at Micron Technology

In related news, insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares of the company’s stock, valued at $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Sumit Sadana sold 15,000 shares of the firm’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 of the company’s stock, valued at $178,469,010.09. The trade was a 7.28% 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 over the last quarter. 0.24% of the stock is owned by corporate insiders.

Micron Technology Trading Up 5.1%

Shares of Micron Technology stock traded up $33.61 during trading on Friday, reaching $690.00. 44,738,293 shares of the stock were exchanged, compared to its average volume of 26,678,026. 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 firm has a market cap of $780.68 billion, a price-to-earnings ratio of 9.30, a price-to-earnings-growth ratio of 0.14 and a beta of 2.36. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00. The stock’s fifty day moving average is $961.59 and its 200 day moving average is $754.99.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. Micron Technology’s revenue was up 379.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.03 EPS. 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 175.19 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

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

Micron Technology News Roundup

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on MU. Seaport Research Partners reaffirmed a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. UBS Group reissued a “buy” rating and issued a $1,625.00 target price (up from $535.00) on shares of Micron Technology in a research note on Wednesday, September 23rd. Daiwa Securities Group increased their target price on Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a report on Friday, July 17th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Citigroup boosted their price objective on Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research report on Wednesday, September 23rd. One research 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’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

About Micron Technology

Micron Technology is a semiconductor company that designs and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, and other memory solutions used in computing and electronic devices.

Micron’s products serve a range of markets, including data centers, personal computers, smartphones, automotive systems, and industrial applications. The company sells its products and solutions to customers around the world.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.