Micron Technology, Inc. $MU Stock Sold by SBI Securities Co. Ltd.

SBI Securities Co. Ltd. reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 24.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 84,966 shares of the semiconductor manufacturer’s stock after selling 27,192 shares during the quarter. Micron Technology comprises approximately 2.1% of SBI Securities Co. Ltd.’s portfolio, making the stock its 12th biggest holding. SBI Securities Co. Ltd.’s holdings in Micron Technology were worth $90,498,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also made changes to their positions in the stock. Denali Advisors LLC acquired a new stake in shares of Micron Technology during the second quarter worth $7,364,000. Castleark Management LLC purchased a new position in Micron Technology during the first quarter worth about $3,709,000. Oppenheimer & Co. Inc. lifted its position in Micron Technology by 16.0% during the second quarter. Oppenheimer & Co. Inc. now owns 48,520 shares of the semiconductor manufacturer’s stock worth $56,006,000 after buying an additional 6,702 shares during the period. Legacy Wealth Management LLC MS boosted its stake in Micron Technology by 73.3% in the 2nd quarter. Legacy Wealth Management LLC MS now owns 3,544 shares of the semiconductor manufacturer’s stock worth $4,091,000 after buying an additional 1,499 shares during the last quarter. Finally, Franklin Street Advisors Inc. NC boosted its stake in Micron Technology by 2,461.4% in the 2nd quarter. Franklin Street Advisors Inc. NC now owns 37,141 shares of the semiconductor manufacturer’s stock worth $42,871,000 after buying an additional 35,691 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Micron’s fundamental outlook remains strong. Recent results showed adjusted EPS of $33.42 and revenue of $54.23 billion, far above consensus, while management guided to approximately $61.5 billion of revenue for the next quarter. AI-related demand for high-bandwidth memory, DRAM and NAND has helped drive record profitability, with analysts expecting tight supply through at least 2027. Micron’s Earnings Reveal Why the AI Memory Boom May Last Longer
• Positive Sentiment: Wedbush said Micron’s decision to bypass the competing 4F² DRAM architecture and pursue 3D technology could preserve its manufacturing and technology advantage. New products based on the roadmap are expected to support future AI-memory demand. Micron Charts a Different Course on DRAM
• Positive Sentiment: Needham and Rosenblatt reaffirmed buy ratings with price targets of $1,650 and $1,900, respectively. These targets reflect continued confidence in memory pricing, customer commitments and Micron’s earnings growth despite the recent pullback. What’s Going On With Micron Technology Stock Thursday?
• Neutral Sentiment: Micron introduced a quarterly employee bonus tied to company profits. The program could support workforce relations, but it may also increase compensation costs during a period of intense labor and capacity investment. Micron Introduces Quarterly Employee Bonus Tied to Profits
• Negative Sentiment: Investors are questioning whether massive AI spending is sustainable, particularly as rising oil prices, inflation and borrowing costs make data-center financing more expensive. Concerns about negative free cash flow at major technology customers have intensified fears of a broader AI investment slowdown. Why Micron Stock Dropped on Thursday
• Negative Sentiment: Memory and storage shares faced concentrated selling ahead of earnings, raising concerns that Micron’s unusually high margins could eventually normalize as competitors add capacity. China’s CXMT is also advancing server-memory technology, creating a longer-term competitive risk. Memory Selloff Deepens Ahead of Earnings
• Negative Sentiment: A labor dispute at Micron’s Taoyuan, Taiwan facility created fears of production disruption, shipment delays or higher costs, even though the company has also reported progress toward agreements with Taiwan unions. Micron’s Taiwan Strike

Analysts Set New Price Targets

MU has been the topic of several recent analyst reports. Needham & Company LLC reiterated a “buy” rating and set a $1,650.00 price objective on shares of Micron Technology in a report on Thursday. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a research report on Thursday, October 1st. President Capital upped their price target on shares of Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Rosenblatt Securities reaffirmed a “buy” rating and set a $1,900.00 price target on shares of Micron Technology in a research note on Thursday. Finally, TD Cowen reiterated a “buy” rating and issued a $1,600.00 price target on shares of Micron Technology in a report on Thursday, October 1st. 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 stock. According to data from MarketBeat, Micron Technology has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Insider Activity

In related news, insider Scott J. Deboer sold 28,545 shares of the business’s stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the transaction, the insider directly owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. The trade was a 16.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction that occurred on Friday, August 21st. The shares were 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. This trade represents a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, 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 Stock Performance

NASDAQ:MU opened at $856.49 on Friday. The firm’s fifty day simple moving average is $985.49 and its 200 day simple moving average is $880.07. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. The firm has a market capitalization of $969.05 billion, a price-to-earnings ratio of 11.54, a PEG ratio of 0.16 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $31.77 by $1.65. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm had revenue of $54.23 billion during the quarter, compared to the consensus estimate of $51.33 billion. During the same period in the prior year, the firm earned $3.03 EPS. The firm’s quarterly revenue was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research 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 announced a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be given a $0.15 dividend. The ex-dividend date of this dividend is Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is presently 0.81%.

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.