Micron Technology, Inc. $MU Holdings Lifted by Quintet Private Bank Europe S.A.

Quintet Private Bank Europe S.A. grew its position in Micron Technology, Inc. (NASDAQ:MU) by 519.1% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 30,924 shares of the semiconductor manufacturer’s stock after purchasing an additional 25,929 shares during the period. Micron Technology makes up approximately 1.5% of Quintet Private Bank Europe S.A.’s holdings, making the stock its 19th largest holding. Quintet Private Bank Europe S.A.’s holdings in Micron Technology were worth $32,937,000 at the end of the most recent quarter.

Other large investors have also modified their holdings of the company. Kohmann Bosshard Financial Services LLC purchased a new stake in shares of Micron Technology during the first quarter worth about $27,000. Bullseye Investment Management LLC acquired a new position in Micron Technology in the second quarter valued at approximately $27,000. Bayban acquired a new stake in Micron Technology in the fourth quarter worth $29,000. Steph & Co. bought a new stake in Micron Technology in the 3rd quarter valued at about $31,000. Finally, Financial Life Planners acquired a new position in shares of Micron Technology during the first quarter worth approximately $36,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on MU. BMO Capital Markets reiterated an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday. New Street Research raised shares of Micron Technology from a “neutral” rating to a “buy” rating and boosted their target price for the company from $470.00 to $1,250.00 in a research note on Friday, August 14th. Citigroup raised their target price on Micron Technology from $1,150.00 to $1,300.00 and gave the stock a “buy” rating in a research report on Wednesday, September 23rd. Finally, Wells Fargo & Company dropped their price objective on shares of Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating on the stock in a research note on Wednesday, September 23rd. One equities 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 data from MarketBeat, Micron Technology currently has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Insiders Place Their Bets

In other news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $934.29, for a total value of $14,014,350.00. Following the completion of the transaction, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CAO Scott R. Allen sold 879 shares of the firm’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at approximately $34,958,000. This represents a 2.45% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders sold 95,879 shares of company stock worth $90,939,466. 0.24% of the stock is currently owned by company insiders.

Micron Technology Stock Performance

Shares of NASDAQ:MU traded down $46.70 during trading on Thursday, reaching $1,041.30. The stock had a trading volume of 12,208,026 shares, compared to its average volume of 41,446,934. The firm has a market capitalization of $1.18 trillion, a price-to-earnings ratio of 14.12, a P/E/G ratio of 0.18 and a beta of 2.22. 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, Inc. has a 52 week low of $179.61 and a 52 week high of $1,255.00. The stock has a fifty day simple moving average of $972.71 and a two-hundred day simple moving average of $836.22.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. The company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%.The company’s revenue for the quarter was up 379.1% on a year-over-year basis. During the same period in the previous year, the business posted $3.03 EPS. 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 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Shareholders 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 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is 0.81%.

More Micron Technology News

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

• Positive Sentiment: Micron’s DRAM revenue reached a record $39.8 billion in fiscal Q4 2026, representing 73% of total revenue. The result highlights Micron’s position as a major beneficiary of AI infrastructure spending. Micron’s DRAM Sales Reach $40B: Can AI Demand Drive Growth?
• Positive Sentiment: More than 75% of Micron’s fiscal 2027 output is reportedly committed, while customers are already discussing 2028 allocations. This improves demand visibility and supports the view that AI-related memory shortages could persist longer than expected. Micron: This Memory Cycle Could End Differently
• Positive Sentiment: D.A. Davidson raised its Micron price target to a Street-high $3,000 from $2,100 and maintained a Buy rating, citing AI demand that could keep memory supply constrained through 2028. Zacks also upgraded MU to Strong Buy. Why Is Micron Stock Rising?
• Positive Sentiment: Micron’s data-center SSD business is helping diversify growth: NAND revenue surged, and data-center SSDs now account for more than 70% of NAND sales. Analysts argue this mix may make earnings less cyclical. Micron: NAND Is Not One Market Anymore
• Neutral Sentiment: Micron will pay Netlist $600 million over five years to settle patent litigation and obtain a license. The agreement removes legal uncertainty but creates a material ongoing cost. Micron Technology, Netlist Settle Patent Dispute
• Neutral Sentiment: Micron is scheduled to pay its final 2026 dividend later this month, providing modest shareholder income but likely having limited influence on the stock’s daily trading.
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan, a key manufacturing hub, voted overwhelmingly to authorize a strike over bonuses. No walkout has been announced, but a failed mediation could threaten production and raise costs. Micron’s Taoyuan Union Secures Authorization to Strike
• Negative Sentiment: Samsung’s forecast for record quarterly profit has prompted mixed trading: it confirms strong memory demand but also raises concerns about increasing competition, lofty sector expectations and eventual supply normalization. Investors are also watching whether Micron’s margins have peaked.

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.