Micron Technology, Inc. $MU Stock Bought by NBH Bank

NBH Bank grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 121.2% during the 3rd quarter, Holdings Channel.com reports. The firm owned 1,281 shares of the semiconductor manufacturer’s stock after purchasing an additional 702 shares during the quarter. NBH Bank’s holdings in Micron Technology were worth $1,364,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Bullseye Investment Management LLC acquired a new stake in Micron Technology during the second quarter worth approximately $27,000. Aventus Investment Advisors Inc. purchased a new stake in Micron Technology in the 3rd quarter worth approximately $30,000. Steph & Co. acquired a new position in Micron Technology in the 3rd quarter valued at $31,000. Montgomery Financial Services LLC acquired a new position in Micron Technology in the 2nd quarter valued at $38,000. Finally, JNBA Financial Advisors lifted its stake in shares of Micron Technology by 77.3% during the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock worth $45,000 after purchasing an additional 17 shares during the period. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Micron Technology news, insider Scott J. Deboer sold 28,545 shares of the stock in a transaction that occurred on Friday, October 16th. The shares were 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 Securities & Exchange Commission, which is available through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction that occurred on 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 sale, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. This represents a 7.28% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 83,545 shares of company stock valued at $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on MU shares. William Blair set a $1,300.00 price objective on Micron Technology in a report on Thursday, October 1st. Robert W. Baird increased their target price on Micron Technology from $1,280.00 to $1,520.00 and gave the stock an “outperform” rating in a research report on Monday, September 28th. President Capital raised their price target on Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research note on Friday, July 17th. Wedbush restated an “outperform” rating and issued a $1,400.00 price target on shares of Micron Technology in a report on Monday, September 28th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $1,900.00 price target on shares of Micron Technology in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology Stock Up 11.9%

Shares of NASDAQ MU opened at $811.30 on Thursday. Micron Technology, Inc. has a 12-month low of $192.59 and a 12-month high of $1,255.00. The company has a market cap of $917.92 billion, a P/E ratio of 10.93, a P/E/G ratio of 0.13 and a beta of 2.36. 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 fifty day moving average price of $950.48 and a 200 day moving average price of $760.41.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS 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 company had revenue of $54.23 billion for the quarter, compared to analysts’ expectations of $51.33 billion. During the same quarter in the previous year, the firm posted $3.03 earnings per share. The firm’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. Research analysts anticipate that Micron Technology, Inc. will post 175.22 EPS for the current fiscal year.

Micron Technology Announces Dividend

The business 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 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

More Micron Technology News

Investors following MU have been watching these news items:

• Positive Sentiment: CoreWeave strengthened the AI-demand outlook. The data-center company beat expectations and raised its 2026 revenue outlook; its CEO said demand for AI infrastructure exceeds available capacity. Because CoreWeave buys Micron’s memory chips, the news eased fears of slowing customer demand. Article: Micron Stock Jumps as CoreWeave Outlook Eases AI Spending Fears
• Positive Sentiment: Low valuation and bullish analyst views support the recovery case. Articles highlight MU trading at roughly 3.8 times earnings, while some analysts see substantial upside; Goldman Sachs reiterated a $1,250 price target. Micron’s recent earnings beat and strong growth outlook add to the bullish argument. Article: Analysts See Micron Stock Doubling
• Negative Sentiment: Cyclical and spending concerns remain. MU’s steep recent sell-off reflects investor worry that AI data-center investment could cool and that memory pricing and profits may eventually turn down. Those risks could limit the rebound if demand expectations weaken. Article: Is the Micron Sell-Off a Buying Opportunity or a Falling Knife?

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.