Micron Technology, Inc. $MU Stock Purchased by R Squared Ltd

R Squared Ltd grew its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 401.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,905 shares of the semiconductor manufacturer’s stock after acquiring an additional 2,326 shares during the period. Micron Technology accounts for 1.6% of R Squared Ltd’s holdings, making the stock its 3rd largest position. R Squared Ltd’s holdings in Micron Technology were worth $3,094,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in the company. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. grew its position in shares of Micron Technology by 250.6% in the third quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. now owns 3,446 shares of the semiconductor manufacturer’s stock valued at $3,670,000 after purchasing an additional 2,463 shares during the last quarter. Fifth Third Bancorp increased its stake in shares of Micron Technology by 21.3% during the third quarter. Fifth Third Bancorp now owns 362,102 shares of the semiconductor manufacturer’s stock worth $385,679,000 after purchasing an additional 63,465 shares during the period. Three Bridge Wealth Advisors LLC acquired a new stake in Micron Technology during the 3rd quarter worth approximately $49,000. Artemis Wealth Advisors LLC lifted its holdings in Micron Technology by 3.6% during the 3rd quarter. Artemis Wealth Advisors LLC now owns 5,700 shares of the semiconductor manufacturer’s stock worth $6,071,000 after purchasing an additional 200 shares during the last quarter. Finally, Endeavor Private Wealth Inc. boosted its stake in Micron Technology by 131.9% in the 3rd quarter. Endeavor Private Wealth Inc. now owns 480 shares of the semiconductor manufacturer’s stock valued at $511,000 after purchasing an additional 273 shares during the period. Institutional investors own 80.84% of the company’s stock.

Insider Activity

In related news, insider Scott J. Deboer sold 28,545 shares of Micron Technology 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 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 ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Sumit Sadana sold 15,000 shares of the business’s 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 transaction, the executive vice president owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 83,545 shares of company stock worth $78,460,850. 0.24% of the stock is currently owned by corporate insiders.

Micron Technology News Roundup

These are some of the MU news items that stood out recently:

• Positive Sentiment: AI demand remains a key tailwind. CoreWeave raised its 2026 revenue outlook and said customer demand for AI computing substantially exceeds its capacity. Micron’s data-center businesses account for a large share of sales, linking the company to continued infrastructure spending. CoreWeave AI demand article
• Neutral Sentiment: Micron plans a $1 billion investment in Anthropic’s private placement. The move ties Micron more closely to the AI ecosystem, but the investment’s eventual returns and strategic benefits are uncertain. Micron Anthropic investment article
• Negative Sentiment: Nvidia-related uncertainty is pressuring semiconductor shares. Reports of a leadership shakeup involving CEO Jensen Huang unsettled investors because Micron’s memory-chip demand is tied partly to AI-chip and data-center growth. The concern contributed to a retreat after Wednesday’s rally. Why Micron stock pulled back

Micron Technology Stock Down 1.6%

Shares of NASDAQ MU opened at $798.44 on Friday. The stock has a market capitalization of $903.37 billion, a P/E ratio of 10.76, a PEG ratio of 0.14 and a beta of 2.36. The stock’s fifty day moving average is $947.33 and its 200 day moving average is $762.45. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week 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.

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. The business had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. Micron Technology’s revenue was up 379.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Sell-side analysts forecast that Micron Technology, Inc. will post 174.19 earnings per share for the current fiscal year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were given a $0.15 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s payout ratio is presently 0.81%.

Analyst Ratings Changes

Several equities analysts recently commented on MU shares. Cantor Fitzgerald restated an “overweight” rating and issued a $2,000.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. Arete Research lifted their price objective on shares of Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Tuesday, July 21st. Citigroup boosted their price objective on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a report on Wednesday, September 23rd. Seaport Research Partners restated a “buy” rating on shares of Micron Technology in a research report on Friday, August 14th. Finally, CLSA reaffirmed an “outperform” rating and set a $1,700.00 target price on shares of Micron Technology in a report on Friday, October 2nd. One 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. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Micron Technology Profile

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.