TSG Advice Partners LLC Makes New $1.20 Million Investment in Micron Technology, Inc. $MU

TSG Advice Partners LLC acquired a new stake in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 1,040 shares of the semiconductor manufacturer’s stock, valued at approximately $1,200,000.

Several other hedge funds also recently added to or reduced their stakes in MU. Bullseye Investment Management LLC acquired a new stake in shares of Micron Technology in the second quarter valued at about $27,000. Aventus Investment Advisors Inc. purchased a new stake in shares of Micron Technology during the 3rd quarter valued at about $30,000. Steph & Co. purchased a new stake in shares of Micron Technology during the 3rd quarter valued at about $31,000. Montgomery Financial Services LLC acquired a new position in Micron Technology during the 2nd quarter worth approximately $38,000. Finally, Scarborough Advisors LLC acquired a new position in Micron Technology during the 1st quarter worth approximately $45,000. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Shares of NASDAQ MU opened at $833.59 on Tuesday. Micron Technology, Inc. has a fifty-two week low of $192.59 and a fifty-two week high of $1,255.00. The business has a 50 day moving average price of $976.02 and a two-hundred day moving average price of $747.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The firm has a market cap of $943.14 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last announced its 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. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company had revenue of $54.23 billion for the quarter, compared to analyst estimates of $51.33 billion. During the same period in the prior year, the company posted $3.03 EPS. Micron Technology’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. Sell-side analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron is reportedly positioned to increase stock repurchases beginning December 9, when restrictions related to the federal CHIPS Act are expected to expire. Buybacks could support earnings per share and signal management confidence in the stock’s valuation. Micron Expected to Launch Massive Stock Buybacks in December
• Positive Sentiment: Long-term demand remains a key bullish argument. SK hynix reported record results and said memory demand could exceed supply through 2030, while Micron has multiyear customer agreements covering more than 35% of projected revenue through that year. Micron has also co-developed memory technology with NVIDIA and secured advance shipments for AI infrastructure. SK hynix Says Memory Demand Beats Supply Through 2030
• Positive Sentiment: Some analysts and commentators still view Micron as inexpensive relative to its growth potential, citing sharply higher AI-driven memory demand, expected fiscal 2027 earnings growth, and a valuation near historic lows for a company with strong recent operating performance. Why Micron Stock Looks Cheap After a Record Year
• Neutral Sentiment: Analysts remain broadly optimistic after Micron’s substantial outperformance over the past year, but the stock’s elevated volatility and large gains have increased sensitivity to any disappointing industry outlook. Are Wall Street Analysts Predicting Micron Technology Stock Will Climb or Sink?
• Negative Sentiment: Kioxia’s cautious forecast triggered weakness across memory stocks, renewing fears that the industry’s shortage and pricing strength may be approaching a peak. Kioxia’s Cautious Outlook Hits Memory Stocks
• Negative Sentiment: Trading volume has fallen, suggesting reduced retail interest, while critics warn that Micron could suffer a steep decline if the memory shortage ends or AI spending moderates. Market commentator Tom Sosnoff also argued that Micron and other major AI-chip stocks have not declined enough to be compelling buys. Micron Technology: Is This a Sign That Its Stock Has Already Peaked?

Insiders Place Their Bets

In other Micron Technology news, insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction on Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the transaction, the insider directly owned 147,430 shares of the company’s stock, valued at $132,687,000. This trade represents a 16.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated 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 sale, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 83,545 shares of company stock valued at $78,460,850 in the last ninety days. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have issued reports on MU shares. Rosenblatt Securities reaffirmed a “buy” rating and issued a $1,900.00 price objective on shares of Micron Technology in a research report on Thursday, October 22nd. Weiss Ratings lowered shares of Micron Technology from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, October 27th. CLSA reissued an “outperform” rating and set a $1,700.00 target price on shares of Micron Technology in a research report on Friday, October 2nd. Arete Research upped their target price on shares of Micron Technology from $852.00 to $1,500.00 and gave the company a “buy” rating in a research note on Tuesday, July 21st. Finally, William Blair set a $1,300.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. One 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. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Micron Technology 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.