Micron Technology, Inc. $MU Stake Boosted by Segment Wealth Management LLC

Posted by Brian Himes on Oct 28th, 2026

Segment Wealth Management LLC lifted its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 344.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 5,246 shares of the semiconductor manufacturer’s stock after buying an additional 4,065 shares during the quarter. Segment Wealth Management LLC’s holdings in Micron Technology were worth $5,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of MU. Bullseye Investment Management LLC bought a new stake in Micron Technology during the 2nd quarter valued at approximately $27,000. Aventus Investment Advisors Inc. purchased a new position in shares of Micron Technology during the 3rd quarter worth approximately $30,000. Steph & Co. purchased a new position in shares of Micron Technology during the 3rd quarter worth approximately $31,000. Montgomery Financial Services LLC purchased a new position in shares of Micron Technology during the 2nd quarter worth approximately $38,000. Finally, JNBA Financial Advisors raised its position in shares of Micron Technology by 77.3% in the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock worth $45,000 after acquiring an additional 17 shares in the last quarter. 80.84% of the stock is owned by institutional investors.

Micron Technology Stock Up 2.8%

Shares of MU opened at $928.76 on Wednesday. The stock has a market cap of $1.05 trillion, a P/E ratio of 12.52 and a beta of 2.22. The business’s 50 day moving average price is $979.69 and its 200-day moving average price is $735.60. Micron Technology, Inc. has a 52 week low of $192.59 and a 52 week high of $1,255.00.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings data 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 company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same period last year, the business earned $3.03 EPS. The firm’s quarterly revenue was up 379.1% on a year-over-year basis. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities analysts anticipate that Micron Technology, Inc. will post 177.03 EPS for the current 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 paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio is currently 0.81%.

Analyst Ratings Changes

A number of research firms have recently commented on MU. Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, October 6th. CLSA restated an “outperform” rating and set a $1,700.00 price target on shares of Micron Technology in a research report on Friday, October 2nd. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. Mizuho increased their price objective on 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, Morgan Stanley reiterated an “overweight” rating and issued a $1,200.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, Micron Technology presently has an average rating of “Moderate Buy” and an average target price of $1,407.88.

Read Our Latest Stock Analysis on MU

Insider Transactions at Micron Technology

In related news, EVP Sumit Sadana sold 15,000 shares of the company’s 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 transaction, the executive vice president owned 191,021 shares in the company, valued at $178,469,010.09. The trade was a 7.28% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of the stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the sale, the insider directly owned 147,430 shares in the company, valued at $132,687,000. This trade represents a 16.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 83,545 shares of company stock valued at $78,460,850. Insiders own 0.24% of the company’s stock.

Trending Headlines about Micron Technology

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

Positive Sentiment: Elon Musk predicted that humanoid robots could require enormous amounts of memory, prompting analysts to frame robotics as a potentially significant long-term volume opportunity for Micron and SK hynix. Separate forecasts suggest humanoid robots could use substantially more memory by 2030. Elon Musk Says Robots Will Need More Memory
Positive Sentiment: Bank of America reiterated its buy rating and became more constructive on memory following meetings with industry executives. The firm believes customers are increasingly securing supply through long-term agreements, supporting pricing and visibility for Micron. Bank of America Reiterates Buy on Micron
Positive Sentiment: Micron’s recent earnings beat and record results continue to support the bullish case. Strong AI-related high-bandwidth-memory demand, tight supply, and favorable earnings expectations have led some analysts to argue that the stock remains inexpensive relative to its growth potential. Can Micron Survive a 40% Drop in Memory Prices?
Positive Sentiment: Micron’s new employee bonus plan may help align compensation with company performance and support retention as the business expands its AI-memory capacity. Micron Unveils a New Bonus Plan

About Micron Technology

(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.