Calamos Wealth Management LLC Buys 5,554 Shares of Micron Technology, Inc. $MU

Calamos Wealth Management LLC boosted its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 36.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 20,945 shares of the semiconductor manufacturer’s stock after acquiring an additional 5,554 shares during the period. Calamos Wealth Management LLC’s holdings in Micron Technology were worth $22,309,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. Andar Capital Management HK Ltd boosted its holdings in shares of Micron Technology by 856,960.3% during 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 last quarter. Primecap Management Co. CA bought a new stake in shares of Micron Technology in the second quarter worth about $22,182,263,000. Legal & General Group Plc bought a new stake in shares of Micron Technology in the second quarter worth about $8,402,393,000. Situational Awareness LP lifted its position in shares of Micron Technology by 1,149.0% in the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer’s stock worth $5,573,819,000 after buying an additional 5,289,124 shares in the last quarter. Finally, Canada Pension Plan Investment Board purchased a new stake in shares of Micron Technology in the second quarter worth about $3,761,237,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Trading Up 5.1%

MU traded up $33.61 on Friday, hitting $690.00. The company had a trading volume of 44,738,293 shares, compared to its average volume of 26,678,026. The business’s fifty day simple moving average is $961.59 and its 200 day simple moving average is $754.99. 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 12-month low of $192.59 and a 12-month high of $1,255.00. The company has a market cap of $780.68 billion, a PE ratio of 9.30, a PEG ratio of 0.14 and a beta of 2.36.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The business 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 quarterly revenue was up 379.1% compared to the same quarter last year. During the same period 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. Equities research analysts expect that Micron Technology, Inc. will post 175.19 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared 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 yield of 0.1%. The ex-dividend date was Wednesday, October 14th. Micron Technology’s dividend payout ratio is presently 0.81%.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. Needham & Company LLC reissued a “buy” rating and set a $1,650.00 price target on shares of Micron Technology in a research note on Thursday, October 22nd. Weiss Ratings downgraded Micron Technology from a “buy (b+)” rating to a “buy (b)” rating in a research note on Tuesday, October 27th. Morgan Stanley reaffirmed an “overweight” rating and set a $1,200.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. Susquehanna reiterated a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. Finally, Deutsche Bank Aktiengesellschaft reissued a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. One 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’s stock. Based on data from MarketBeat, Micron Technology has an average rating of “Moderate Buy” and a consensus price target of $1,407.88.

Insider Buying and Selling

In other news, insider Scott J. Deboer sold 28,545 shares of the firm’s stock in a transaction dated 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 in the company, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 15,000 shares of Micron Technology stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the transaction, the executive vice president directly 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. Insiders sold a total of 83,545 shares of company stock worth $78,460,850 over the last three months. 0.24% of the stock is owned by insiders.

More Micron Technology News

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

• Positive Sentiment: Micron’s latest quarter showed sharply higher sales, and its next-quarter revenue guidance reportedly exceeded Wall Street expectations. Analysts cited continued memory demand, especially for AI systems, as support for the business outlook. Why Micron Stock Is Up Today
• Positive Sentiment: Some investors and analysts view the recent selloff as excessive, pointing to Micron’s low forward valuation, customer commitments, and potential for buybacks. A separate analysis argues that U.S. DRAM production could be economically viable with government incentives and customer premiums. Micron: The Story Is Far From Being Over (Rating Upgrade)
• Neutral Sentiment: The stock’s sharp swings reflect a split outlook: robust current memory demand and results are being balanced against uncertainty about how durable AI-related spending will be. Micron Stock Rebounds After Selloff as AI Demand Risks Persist
• Negative Sentiment: Investors remain concerned that proposed restrictions on AI data centers—including permitting, power-use, and environmental rules—could delay projects and curb demand for memory chips. These fears helped drive the prior session’s steep decline. Could Micron Face Slower AI Demand From New Data Center Rules?
• Negative Sentiment: A reported pause in construction of Micron’s planned Taiwan facility, following a labor dispute, adds uncertainty around its manufacturing expansion and future capacity. Micron Plunges Amid Chip Selloff and Taiwan Plant Halt

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.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into a global technology company with operations and customers across multiple regions.