Lighthouse Financial LLC Acquires 691 Shares of Micron Technology, Inc. $MU

Posted by Francis Steltz on Oct 25th, 2026

Lighthouse Financial LLC raised its holdings in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 20.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,116 shares of the semiconductor manufacturer’s stock after buying an additional 691 shares during the period. Micron Technology comprises approximately 2.0% of Lighthouse Financial LLC’s investment portfolio, making the stock its 16th biggest position. Lighthouse Financial LLC’s holdings in Micron Technology were worth $4,384,000 at the end of the most recent quarter.

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

Micron Technology Stock Up 2.5%

Shares of NASDAQ:MU opened at $877.55 on Friday. The business’s 50 day moving average is $983.61 and its 200 day moving average is $880.05. The stock has a market cap of $992.88 billion, a P/E ratio of 11.83, a price-to-earnings-growth ratio of 0.15 and a beta of 2.22. Micron Technology, Inc. has a 52-week low of $192.59 and a 52-week high of $1,255.00. 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 (NASDAQ:MU – Get Free Report) last issued its earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The business had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. Micron Technology’s revenue was up 379.1% on a year-over-year basis. During the same period in the previous year, the company posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Sell-side analysts predict that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on MU. William Blair set a $1,300.00 target price on Micron Technology in a research note on Thursday, October 1st. Raymond James Financial reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Weiss Ratings raised shares of Micron Technology from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, October 12th. Itau BBA Securities upped their price target on shares of Micron Technology from $1,243.78 to $1,697.09 and gave the stock an “outperform” rating in a report on Wednesday, July 22nd. Finally, Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $2,000.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Get Our Latest Research Report on Micron Technology

Key Headlines Impacting Micron Technology

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

Positive Sentiment: Improved industry sentiment: A broad rebound in semiconductor stocks lifted Micron, SK Hynix and SanDisk as investors returned to AI and memory names following a sharp pullback. Why are Micron, SK Hynix, and SanDisk stocks climbing on Friday?
Positive Sentiment: Favorable supply dynamics: SK Hynix’s decision to abandon a planned U.S. IPO for its Solidigm flash-memory unit could reduce concerns about additional NAND supply entering the market, potentially benefiting Micron and SanDisk. Micron, Sandisk gain as SK Hynix scraps Solidigm IPO
Positive Sentiment: Analyst and growth support: Erste Group raised its FY2028 EPS forecast to $201.26 from $199.05 and maintained a Buy rating. Analysts continue to point to Micron’s AI-driven HBM demand, improving margins and relatively low valuation as reasons for optimism. Micron earnings estimate update
Neutral Sentiment: Strategic investment: Micron’s planned investment in U.S. critical-mineral processing supports its domestic supply-chain strategy, although the near-term financial impact is unclear. Micron critical-minerals investment
Negative Sentiment: Technology execution risk: Micron’s next-generation memory architecture could improve data movement for AI processors, but placing more memory closer to computing units creates difficult cooling and heat-management challenges. Micron’s Next AI Memory Breakthrough Has a Cooling Problem
Negative Sentiment: Insider selling and volatility: Recent filings show extensive insider selling with no reported open-market purchases, while technical commentary warns that the recovery remains fragile amid ongoing concerns about AI spending, interest rates and valuation.

Insider Activity

In related news, CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Scott J. Deboer sold 28,545 shares of the company’s stock in a transaction dated 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 completion of the sale, the insider directly owned 147,430 shares of the company’s stock, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 83,545 shares of company stock worth $78,460,850. Company insiders own 0.24% of the company’s stock.

Micron Technology Profile

(Free Report)

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.