Micron Technology, Inc. $MU Stock Acquired by Monument Capital Management

Monument Capital Management increased its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 140.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,190 shares of the semiconductor manufacturer’s stock after buying an additional 3,615 shares during the period. Micron Technology comprises approximately 1.4% of Monument Capital Management’s holdings, making the stock its 12th biggest holding. Monument Capital Management’s holdings in Micron Technology were worth $6,593,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MU. Mn Services Vermogensbeheer B.V. grew its stake in shares of Micron Technology by 1.1% during the third quarter. Mn Services Vermogensbeheer B.V. now owns 332,227 shares of the semiconductor manufacturer’s stock valued at $353,858,000 after acquiring an additional 3,700 shares in the last quarter. Diversified Management Inc. boosted its holdings in Micron Technology by 0.9% in the third quarter. Diversified Management Inc. now owns 8,958 shares of the semiconductor manufacturer’s stock valued at $9,541,000 after purchasing an additional 77 shares during the last quarter. Green Ridge Wealth Planning LLC acquired a new stake in Micron Technology during the 3rd quarter valued at approximately $399,000. Acropolis Investment Management LLC increased its holdings in Micron Technology by 11.8% during the 3rd quarter. Acropolis Investment Management LLC now owns 4,387 shares of the semiconductor manufacturer’s stock worth $4,673,000 after purchasing an additional 463 shares during the last quarter. Finally, First Heartland Consultants Inc. raised its position in shares of Micron Technology by 10.4% in the 3rd quarter. First Heartland Consultants Inc. now owns 1,467 shares of the semiconductor manufacturer’s stock valued at $1,563,000 after purchasing an additional 138 shares in the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analyst upgrades support the bullish case. Zacks Research upgraded Micron to “Strong Buy,” while another analyst upgrade helped the stock rebound in premarket trading. DA Davidson also maintains a Buy rating and has raised its price target to a Street-high $3,000, citing a multiyear AI-related memory shortage. Micron Technology Stock Jumps After Analyst Upgrade
• Positive Sentiment: Demand visibility remains unusually strong. More than 75% of Micron’s fiscal 2027 shipments are reportedly committed, with customers already discussing 2028 allocations. AI data centers and emerging AI-agent workloads could drive additional demand for DRAM, high-bandwidth memory and NAND. The latest quarterly report showed revenue of $54.23 billion and adjusted EPS of $33.42, while fiscal Q1 2027 guidance implies another record quarter. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
• Neutral Sentiment: Investors remain divided over the memory cycle. Bulls argue that contracted supply and years of AI infrastructure spending could make this expansion longer and less cyclical than prior memory booms. However, Micron’s valuation has risen sharply, leaving the stock range-bound until earnings growth or further supply constraints provide a fresh catalyst. Micron Stock Is Range-Bound in Choppy AI Trade
• Negative Sentiment: AI-sector risk-off trading is weighing on MU. Reports that OpenAI’s annualized revenue fell short of expectations triggered concern about the pace and sustainability of AI spending, pressuring Micron and other AI-linked semiconductor stocks. Analysts said the reaction may reflect differences in revenue reporting rather than weaker demand, but the episode highlights the crowded nature of the trade. Micron, Nvidia and AI Chip Stocks Fall on OpenAI Revenue Concerns
• Negative Sentiment: Operational and margin concerns add pressure. Adjusted gross margin is expected to ease modestly, while workers at Micron’s Taiwan facilities overwhelmingly authorized a strike over bonus changes. No walkout has been announced, but a disruption at a major production base could affect output and costs. Investors are also watching Samsung’s slower profit growth as a warning that memory pricing momentum may eventually moderate.

Micron Technology Stock Performance

Shares of MU stock opened at $1,035.84 on Friday. The company has a market cap of $1.17 trillion, a P/E ratio of 13.96, a PEG ratio of 0.19 and a beta of 2.22. The business has a 50 day moving average of $975.93 and a two-hundred day moving average of $840.54. Micron Technology, Inc. has a 52 week low of $179.61 and a 52 week high of $1,255.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, topping analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The business 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 EPS. The business’s quarterly 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. As a group, analysts anticipate that Micron Technology, Inc. will post 175.82 EPS for the current year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is 0.81%.

Analyst Upgrades and Downgrades

MU has been the subject of a number of research analyst reports. President Capital lifted their price target on shares of Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Rosenblatt Securities boosted their target price on shares of Micron Technology from $1,500.00 to $1,900.00 and gave the stock a “buy” rating in a research report on Thursday, October 1st. Argus reduced their price target on shares of Micron Technology from $1,500.00 to $540.00 and set a “buy” rating on the stock in a research report on Thursday, June 25th. KeyCorp reiterated an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $2,000.00 price objective on shares of Micron Technology in a research note on Thursday, October 1st. One research 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 company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $1,407.88.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the completion of the transaction, 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. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction that occurred 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 completion of 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. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 95,879 shares of company stock worth $90,939,466. Insiders own 0.24% of the company’s stock.

Micron Technology Company 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.