Micron Technology, Inc. $MU Stock Purchased by Yarbrough Capital LLC

Yarbrough Capital LLC grew its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 64.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,044 shares of the semiconductor manufacturer’s stock after acquiring an additional 800 shares during the quarter. Yarbrough Capital LLC’s holdings in Micron Technology were worth $2,177,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Andar Capital Management HK Ltd grew its position in Micron Technology by 856,960.3% in the 2nd quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer’s stock valued at $39,571,847,000 after purchasing an additional 34,278,413 shares during the period. Primecap Management Co. CA bought a new stake in Micron Technology during the 2nd quarter valued at $22,182,263,000. Bank of America Corp DE raised its holdings in Micron Technology by 26.6% during the second quarter. Bank of America Corp DE now owns 10,174,757 shares of the semiconductor manufacturer’s stock worth $11,744,621,000 after buying an additional 2,136,470 shares during the last quarter. Legal & General Group Plc acquired a new position in Micron Technology during the second quarter worth $8,402,393,000. Finally, Wellington Management Group LLP raised its holdings in Micron Technology by 28.7% during the second quarter. Wellington Management Group LLP now owns 5,045,141 shares of the semiconductor manufacturer’s stock worth $5,823,556,000 after buying an additional 1,125,414 shares during the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Price Performance

MU opened at $904.90 on Tuesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The company has a market capitalization of $1.02 trillion, a price-to-earnings ratio of 12.19, a P/E/G ratio of 0.15 and a beta of 2.22. The firm’s fifty day moving average price is $986.76 and its two-hundred day moving average price is $869.04. Micron Technology, Inc. has a 1 year low of $192.40 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating the consensus estimate of $31.77 by $1.65. The company had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The firm’s revenue for the quarter was up 379.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $3.03 earnings per share. 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 177.03 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

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

Analysts Set New Price Targets

MU has been the topic of a number of recent research reports. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a research note on Thursday, October 1st. DA Davidson boosted their target price on shares of Micron Technology from $2,100.00 to $3,000.00 and gave the stock a “buy” rating in a research report on Wednesday, October 7th. Phillip Securities boosted their target price on shares of Micron Technology from $530.00 to $1,870.00 and gave the stock a “buy” rating in a research report on Monday, June 29th. Mizuho upped their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a report on Thursday, October 1st. Finally, ThinkEquity reaffirmed a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. 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 stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Key Micron Technology News

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

• Positive Sentiment: Memory-chip stocks rebounded as fears of an AI-spending slowdown eased. Micron’s rally was part of a broader recovery that also lifted SanDisk and SK Hynix, suggesting sector-wide sentiment—not company-specific news alone—helped drive the move. Micron stock is rebounding today: here’s why
• Positive Sentiment: Wall Street commentary indicates memory prices could continue rising through at least 2027, countering recent concerns about competition and a potential supply glut. A Chinese rival’s projected revenue boom was also interpreted as evidence of strong underlying memory demand. Why Micron Stock Bounced on Monday
• Positive Sentiment: Elon Musk described Micron as more reasonable on future memory pricing than some competitors. JPMorgan reportedly counted 26 long-term agreements and approximately $150 billion in contracted backlog, with deals covering more than one-third of projected sales through 2030. The agreements improve revenue visibility, although pricing limits some near-term upside. Musk Love: Micron Is Reasonable on Memory Prices
• Positive Sentiment: Recent coverage highlights Micron’s AI-oriented DRAM and NAND demand, robust profitability, and valuation that looks low relative to its earnings growth. Its latest reported quarter included sharply higher revenue and earnings that exceeded consensus estimates.
• Neutral Sentiment: Micron will host a technology webinar on October 21. Investors may look for updates on AI memory demand, production plans, and the company’s outlook. Micron to Host Technology Webinar on Oct. 21
• Negative Sentiment: Micron’s Taoyuan union in Taiwan voted overwhelmingly to authorize a strike, and Taiwan’s president urged the company and workers to negotiate. A work stoppage could disrupt production because Taiwan is central to Micron’s DRAM manufacturing, although negotiations may prevent a strike. A Micron Union in Taiwan Voted 99% to Authorize a Strike
• Negative Sentiment: Investors continue to weigh longer-term risks from Chinese memory-chip competition, new factory capacity, and the possibility that elevated AI demand and memory prices will eventually normalize. These concerns contributed to the stock’s recent pullback and could keep volatility high.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction dated 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 sale, the executive vice president owned 191,021 shares in the company, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 264,503 shares in the company, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 95,879 shares of company stock worth $90,939,466. Insiders own 0.24% of the company’s stock.

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.