1,777 Shares of Micron Technology, Inc. $MU Acquired by Brown Shipley& Co Ltd

Brown Shipley& Co Ltd acquired a new stake in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 1,777 shares of the semiconductor manufacturer’s stock, valued at approximately $1,893,000. Micron Technology makes up approximately 0.9% of Brown Shipley& Co Ltd’s investment portfolio, making the stock its 23rd largest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Andar Capital Management HK Ltd grew its stake in shares of Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after buying an additional 34,278,413 shares in the last quarter. Primecap Management Co. CA bought a new position in Micron Technology during the 2nd quarter valued at $22,182,263,000. Bank of America Corp DE increased its holdings in Micron Technology by 26.6% in the second 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 during the last quarter. Invesco Ltd. increased its holdings in shares of Micron Technology by 1.6% in the 4th quarter. Invesco Ltd. now owns 9,777,239 shares of the semiconductor manufacturer’s stock valued at $2,790,522,000 after acquiring an additional 155,073 shares during the last quarter. Finally, Legal & General Group Plc acquired a new position in shares of Micron Technology in the 2nd quarter valued at about $8,402,393,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Price Performance

Shares of NASDAQ:MU traded down $7.04 on Friday, hitting $1,028.80. The stock had a trading volume of 11,781,236 shares, compared to its average volume of 41,385,266. The company has a market capitalization of $1.16 trillion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 0.19 and a beta of 2.22. Micron Technology, Inc. has a twelve month low of $179.61 and a twelve month high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. The firm’s 50 day moving average price is $975.93 and its 200-day moving average price is $840.54.

Micron Technology (NASDAQ:MU) last posted 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 during the quarter, compared to analysts’ expectations of $51.33 billion. During the same quarter in the previous year, the company posted $3.03 EPS. Micron Technology’s revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 175.82 earnings per share for the current year.

Micron Technology Dividend Announcement

The company also recently announced 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 annualized dividend and a yield of 0.1%. Micron Technology’s payout ratio is presently 0.81%.

Insider Activity

In other Micron Technology news, CAO Scott Allen sold 879 shares of the company’s stock in a transaction on 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 sale, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, 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 transaction of $14,014,350.00. Following the sale, the executive vice president directly owned 191,021 shares of the company’s stock, valued at $178,469,010.09. This represents a 7.28% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 95,879 shares of company stock worth $90,939,466 in the last quarter. Corporate insiders own 0.24% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: AI memory demand remains the central bullish catalyst. Analysts and investors argue that data-center expansion, high-bandwidth memory (HBM) and emerging “agentic AI” workloads could keep demand ahead of supply through 2027–2028. More than 75% of Micron’s fiscal 2027 shipments are reportedly committed, while customers are already discussing allocations for 2028. Micron: Bears Are Fighting Physics With Spreadsheets
• Positive Sentiment: Recent earnings and guidance support continued profit growth. Micron reported fiscal fourth-quarter revenue of $54.23 billion and adjusted EPS of $33.42, well above the prior year. Management’s fiscal Q1 2027 outlook calls for $60 billion–$63 billion in revenue and $37.15–$39.15 in adjusted EPS. Supporters believe strategic customer agreements and client deposits make the business less vulnerable to a traditional memory downturn. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: Analyst sentiment has improved. Zacks upgraded Micron to “strong buy,” while D.A. Davidson raised its price target to $3,000, citing sustained AI demand and constrained memory supply. These targets are highly bullish and help explain buying interest during pullbacks. Micron Technology Stock Rating Upgraded by Zacks Research
• Neutral Sentiment: Trading is choppy after an exceptional run. Micron has gained substantially over the past year, leaving investors focused on whether future earnings can justify the valuation. The stock remains above its 50-day and 200-day moving averages, but major gains may require another earnings beat or clearer evidence that supply will remain tight. Micron Stock Is Range-Bound in Choppy AI Trade
• Negative Sentiment: Broader concerns are weighing on the shares. A report suggesting OpenAI’s annualized revenue was below expectations triggered selling across AI-related stocks, although analysts said the comparison may reflect reporting differences rather than weaker AI demand. Samsung’s record profit also highlighted concerns that memory-price and earnings growth could be slowing. Micron, Nvidia and AI Chip Stocks Fall
• Negative Sentiment: Labor disruption is an additional risk. Workers at Micron’s major Taiwan DRAM facility overwhelmingly authorized a strike amid a bonus dispute. A work stoppage could disrupt production, increase costs or complicate efforts to meet already-committed customer demand. Micron Taiwan Union Strike Authorization

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Daiwa Securities Group boosted their target price on shares of Micron Technology from $1,600.00 to $1,700.00 and gave the company a “buy” rating in a research note on Friday, July 17th. Cantor Fitzgerald restated an “overweight” rating and issued a $2,000.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. New Street Research upgraded shares of Micron Technology from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $470.00 to $1,250.00 in a research report on Friday, August 14th. CLSA reiterated an “outperform” rating and issued a $1,700.00 target price on shares of Micron Technology in a report on Friday, October 2nd. Finally, UBS Group reiterated a “buy” rating and set a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a research report on Wednesday, September 23rd. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average 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.