Gallagher Capital Advisors LLC Buys 3,913 Shares of Micron Technology, Inc. $MU

Gallagher Capital Advisors LLC purchased a new stake in shares of Micron Technology, Inc. (NASDAQ:MU) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 3,913 shares of the semiconductor manufacturer’s stock, valued at approximately $4,168,000. Micron Technology accounts for 2.1% of Gallagher Capital Advisors LLC’s investment portfolio, making the stock its 15th largest holding.

A number of other hedge funds and other institutional investors have also bought and sold shares of MU. Dupree Financial Group LLC lifted its holdings in Micron Technology by 0.8% during the third quarter. Dupree Financial Group LLC now owns 5,342 shares of the semiconductor manufacturer’s stock valued at $5,690,000 after purchasing an additional 45 shares in the last quarter. Armstrong Advisory Group Inc. increased its stake in shares of Micron Technology by 6.4% in the third quarter. Armstrong Advisory Group Inc. now owns 1,660 shares of the semiconductor manufacturer’s stock worth $1,768,000 after purchasing an additional 100 shares in the last quarter. Sherry Group Inc. raised its position in shares of Micron Technology by 26.8% during the 3rd quarter. Sherry Group Inc. now owns 469 shares of the semiconductor manufacturer’s stock valued at $500,000 after purchasing an additional 99 shares during the period. Gilpin Wealth Management LLC raised its position in shares of Micron Technology by 275.0% during the 3rd quarter. Gilpin Wealth Management LLC now owns 75 shares of the semiconductor manufacturer’s stock valued at $80,000 after purchasing an additional 55 shares during the period. Finally, jvl associates llc raised its position in shares of Micron Technology by 4.1% during the 3rd quarter. jvl associates llc now owns 718 shares of the semiconductor manufacturer’s stock valued at $765,000 after purchasing an additional 28 shares during the period. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently weighed in on MU shares. BNP Paribas Exane upped their target price on shares of Micron Technology from $615.00 to $1,700.00 and gave the stock an “outperform” rating in a report on Thursday, June 25th. The Goldman Sachs Group set a $1,250.00 price target on Micron Technology in a report on Thursday, October 1st. Mizuho boosted their price objective on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Daiwa Securities Group upped their price objective on Micron Technology from $1,600.00 to $1,700.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Finally, Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Micron Technology in a research report on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Activity at Micron Technology

In related news, CAO Scott Allen sold 879 shares of the business’s stock in a transaction on Thursday, July 23rd. The shares were 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 approximately $34,958,000. The trade was a 2.45% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction on Friday, August 21st. The shares were sold at an average price of $968.90, for a total transaction of $38,756,000.00. Following the sale, the chief executive officer directly 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 SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 95,879 shares of company stock valued at $90,939,466. 0.24% of the stock is owned by corporate insiders.

Micron Technology Trading Down 0.7%

Shares of MU stock opened at $1,029.00 on Friday. 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 stock has a market capitalization of $1.16 trillion, a price-to-earnings ratio of 13.87, a price-to-earnings-growth ratio of 0.18 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $179.61 and a 12-month high of $1,255.00. The stock’s 50-day moving average price is $980.05 and its 200-day moving average price is $841.86.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. 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. Equities research analysts predict that Micron Technology, Inc. will post 175.82 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced 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. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is 0.81%.

Micron Technology News Roundup

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

• Positive Sentiment: Analysts remain optimistic about Micron’s long-term upside. Seeking Alpha assigns the stock a Buy rating and a $1,307 base-case target, citing AI infrastructure demand, supply constraints and the possibility that MU remains undervalued even if memory prices decline by 15%. Micron: Even If Memory Prices Fall 15%, It May Still Be Undervalued
• Positive Sentiment: The bullish investment case is supported by Micron’s latest results: fiscal fourth-quarter revenue rose 379% year over year to $54.23 billion, adjusted EPS reached $33.42, and management projected fiscal first-quarter 2027 EPS of $37.15–$39.15. More than 75% of fiscal 2027 shipments are reportedly committed, improving demand visibility. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Positive Sentiment: AI-related demand remains the central catalyst. Tight high-bandwidth memory supply, expanding data-center deployments and emerging AI-agent workloads are expected to support DRAM, NAND and server-memory demand. Several reports also point to favorable earnings revisions and potential year-end strength for AI semiconductor stocks. 3 Top-Ranked Stocks Breaking Records on AI-Related Demand
• Neutral Sentiment: Micron received a Zacks upgrade to Strong Buy, while other commentary highlighted its high return on equity, strong cash flow and potential for substantially higher future earnings. However, many of the most aggressive targets are highly dependent on unusually strong memory pricing and earnings growth. Micron Technology Stock Rating Upgraded by Zacks Research
• Negative Sentiment: Near-term trading has been pressured by an options market increasingly positioned for semiconductor weakness: put volume in the SMH ETF substantially exceeded call volume, signaling hedging or bearish speculation across chip stocks. Two Massive Trades in Micron and Nvidia
• Negative Sentiment: Investors remain concerned that memory margins may be peaking and that supply will eventually catch up with demand. A weaker-than-expected interpretation of OpenAI revenue data and Samsung’s record but slower-growing profit also triggered caution toward AI and memory stocks. Micron additionally faces labor uncertainty after a Taiwan union authorized strike action over a bonus dispute. Micron, Nvidia and AI Chip Stocks Fall

About Micron Technology

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.