Micron Technology, Inc. $MU Shares Sold by MGO One Seven LLC

Posted by Geri Gentry on Nov 1st, 2026

MGO One Seven LLC reduced its position in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 14.8% in the third quarter, Holdings Channel.com reports. The firm owned 23,986 shares of the semiconductor manufacturer’s stock after selling 4,166 shares during the quarter. MGO One Seven LLC’s holdings in Micron Technology were worth $25,548,000 at the end of the most recent reporting period.

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

Micron Technology News Summary

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

Positive Sentiment: Memory demand remains exceptionally strong. SK Hynix said its available memory capacity is effectively sold out through 2029, supporting expectations for sustained pricing power in DRAM, NAND and high-bandwidth memory (HBM)—markets in which Micron is a major supplier. SK Hynix Just Delivered Fantastic News for Micron
Positive Sentiment: Several analysts remain bullish, arguing that Micron’s supply is unlikely to catch up with demand before fiscal 2028 and that HBM prices could rise significantly in 2027. Reports also cite customer agreements that have locked in much of next year’s shipments, potentially supporting record earnings and visibility. Micron Stock: Why I’m Buying, Not Panicking
Positive Sentiment: Attractive projected earnings growth and a low forward valuation are encouraging some investors to view the recent weakness as a buying opportunity. Micron is also receiving attention as an AI beneficiary, while its inclusion among major S&P 500 ETF holdings can support recurring institutional demand. Think You Missed Out on Micron’s Run? Think Again.
Neutral Sentiment: Micron’s investment case remains highly dependent on continued AI infrastructure spending. Articles present the company as potentially resilient if AI budgets slow, but also warn that memory stocks could be among the more exposed semiconductor businesses if customers reduce or delay data-center investment. If AI Spending Slows in 2027, These Semiconductor Stocks Could Hold Up Best
Negative Sentiment: The immediate pressure came from a wider technology and semiconductor selloff following disappointing results from Amazon and Intel. Weakness in Alphabet and Samsung also reduced risk appetite and caused investors to reassess elevated expectations for memory stocks. Why are Micron, SK Hynix and SanDisk stocks falling on Friday?
Negative Sentiment: SanDisk’s strong earnings and raised outlook failed to prevent a sharp decline in memory shares, highlighting profit-taking and valuation concerns. Meanwhile, China’s CXMT reported a 613% revenue increase, signaling a growing competitive threat to established suppliers such as Micron over time. CXMT posts 613% jump in revenue as Micron, SanDisk shares tumble

Insider Buying and Selling

In related news, insider Scott Deboer sold 28,545 shares of Micron Technology stock in a transaction on 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 transaction, the insider directly owned 147,430 shares of the company’s stock, valued at $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO Sanjay Mehrotra sold 40,000 shares of the company’s stock in a transaction 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 sale, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 83,545 shares of company stock valued at $78,460,850 over the last three months. 0.24% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on MU shares. Deutsche Bank Aktiengesellschaft restated a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. TD Cowen reaffirmed a “buy” rating and set a $1,600.00 target price on shares of Micron Technology in a report on Thursday, October 1st. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a report on Thursday, October 1st. Needham & Company LLC reiterated a “buy” rating and issued a $1,650.00 target price on shares of Micron Technology in a research report on Thursday, October 22nd. Finally, ThinkEquity reissued a “buy” rating on shares of Micron Technology in a research note on Monday, August 3rd. One research analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Check Out Our Latest Report on Micron Technology

Micron Technology Price Performance

MU opened at $884.74 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The stock’s 50 day simple moving average is $978.68 and its 200 day simple moving average is $744.52. The firm has a market cap of $1.00 trillion, a price-to-earnings ratio of 11.92, a PEG ratio of 0.15 and a beta of 2.22. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share 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 quarter in the previous year, the company posted $3.03 earnings per share. The business’s 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. As a group, analysts predict that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were issued a $0.15 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is currently 0.81%.

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.