Roan Capital Partners raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU – Free Report) by 336.0% in the 3rd quarter, Holdings Channel reports. The firm owned 1,308 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,008 shares during the quarter. Micron Technology accounts for 1.0% of Roan Capital Partners’ investment portfolio, making the stock its 29th largest holding. Roan Capital Partners’ holdings in Micron Technology were worth $1,393,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Gallagher Capital Advisors LLC acquired a new stake in Micron Technology during the 3rd quarter valued at approximately $4,168,000. Dupree Financial Group LLC lifted its position in shares of Micron Technology by 0.8% in the 3rd quarter. Dupree Financial Group LLC now owns 5,342 shares of the semiconductor manufacturer’s stock worth $5,690,000 after purchasing an additional 45 shares during the period. Armstrong Advisory Group Inc. boosted its stake in shares of Micron Technology by 6.4% in the 3rd quarter. Armstrong Advisory Group Inc. now owns 1,660 shares of the semiconductor manufacturer’s stock valued at $1,768,000 after purchasing an additional 100 shares during the last quarter. Sherry Group Inc. boosted its stake in shares of Micron Technology by 26.8% in the 3rd quarter. Sherry Group Inc. now owns 469 shares of the semiconductor manufacturer’s stock valued at $500,000 after purchasing an additional 99 shares during the last quarter. Finally, Gilpin Wealth Management LLC increased its position in shares of Micron Technology by 275.0% during the third quarter. Gilpin Wealth Management LLC now owns 75 shares of the semiconductor manufacturer’s stock worth $80,000 after buying an additional 55 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at Micron Technology
In other Micron Technology news, EVP Sumit Sadana sold 15,000 shares of the firm’s stock in a transaction on 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 directly owned 191,021 shares of the company’s stock, valued at approximately $178,469,010.09. This trade represents a 7.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CAO Scott R. Allen sold 879 shares of Micron Technology stock in a transaction dated Thursday, July 23rd. The shares were sold at an average price of $1,000.00, for a total transaction of $879,000.00. Following the transaction, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. 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. 0.24% of the stock is owned by corporate insiders.
Micron Technology Stock Performance
Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The firm had revenue of $54.23 billion during the quarter, compared to analysts’ expectations of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The company’s revenue for the quarter was up 379.1% compared to the same quarter last year. During the same quarter last year, the firm posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. On average, equities research analysts predict that Micron Technology, Inc. will post 175.82 EPS for the current fiscal year.
Micron Technology Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Investors 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 yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Analysts remain optimistic about Micron’s long-term upside. Seeking Alpha assigns the stock a Buy rating and a $1,307 base-case target, citing AI infrastructure demand, supply constraints and the possibility that MU remains undervalued even if memory prices decline by 15%. Micron: Even If Memory Prices Fall 15%, It May Still Be Undervalued
- Positive Sentiment: The bullish investment case is supported by Micron’s latest results: fiscal fourth-quarter revenue rose 379% year over year to $54.23 billion, adjusted EPS reached $33.42, and management projected fiscal first-quarter 2027 EPS of $37.15–$39.15. More than 75% of fiscal 2027 shipments are reportedly committed, improving demand visibility. Micron’s Latest Earnings Reveal Why the AI Memory Supercycle Could Run for Years
- Positive Sentiment: AI-related demand remains the central catalyst. Tight high-bandwidth memory supply, expanding data-center deployments and emerging AI-agent workloads are expected to support DRAM, NAND and server-memory demand. Several reports also point to favorable earnings revisions and potential year-end strength for AI semiconductor stocks. 3 Top-Ranked Stocks Breaking Records on AI-Related Demand
- Neutral Sentiment: Micron received a Zacks upgrade to Strong Buy, while other commentary highlighted its high return on equity, strong cash flow and potential for substantially higher future earnings. However, many of the most aggressive targets are highly dependent on unusually strong memory pricing and earnings growth. Micron Technology Stock Rating Upgraded by Zacks Research
- Negative Sentiment: Near-term trading has been pressured by an options market increasingly positioned for semiconductor weakness: put volume in the SMH ETF substantially exceeded call volume, signaling hedging or bearish speculation across chip stocks. Two Massive Trades in Micron and Nvidia
- Negative Sentiment: Investors remain concerned that memory margins may be peaking and that supply will eventually catch up with demand. A weaker-than-expected interpretation of OpenAI revenue data and Samsung’s record but slower-growing profit also triggered caution toward AI and memory stocks. Micron additionally faces labor uncertainty after a Taiwan union authorized strike action over a bonus dispute. Micron, Nvidia and AI Chip Stocks Fall
Analyst Ratings Changes
A number of equities analysts recently weighed in on the stock. BNP Paribas Exane lifted their target price on shares of Micron Technology from $615.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Mizuho upped their price target on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a research report on Thursday, October 1st. Wells Fargo & Company decreased their price target on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a report on Wednesday, September 23rd. Erste Group Bank raised Micron Technology from a “hold” rating to a “buy” rating in a research report on Thursday, June 25th. Finally, TD Cowen restated a “buy” rating and set a $1,600.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. One 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 company. According to MarketBeat, Micron Technology presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.
Read Our Latest Analysis on MU
About Micron Technology
Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, three-dimensional XPoint-related technologies, solid-state drives, and high-bandwidth memory products designed for demanding computing applications.
The company serves customers across the data center, artificial intelligence, networking, automotive, industrial, mobile, consumer electronics, and embedded markets.
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