Claro Advisors Inc. Buys 825 Shares of Micron Technology, Inc. $MU

Claro Advisors Inc. grew its stake in Micron Technology, Inc. (NASDAQ:MU – Free Report) by 57.3% during the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,264 shares of the semiconductor manufacturer’s stock after purchasing an additional 825 shares during the quarter. Claro Advisors Inc.’s holdings in Micron Technology were worth $2,412,000 as of its most recent filing with the SEC.

Several other large investors have also modified their holdings of the stock. REAP Financial Group LLC raised its position in shares of Micron Technology by 51.6% during the 3rd quarter. REAP Financial Group LLC now owns 329 shares of the semiconductor manufacturer’s stock valued at $350,000 after acquiring an additional 112 shares in the last quarter. Genesis Private Wealth LLC boosted its holdings in Micron Technology by 6.7% in the third quarter. Genesis Private Wealth LLC now owns 495 shares of the semiconductor manufacturer’s stock worth $527,000 after purchasing an additional 31 shares during the period. Quadcap Wealth Management LLC boosted its holdings in Micron Technology by 43.0% in the third quarter. Quadcap Wealth Management LLC now owns 2,915 shares of the semiconductor manufacturer’s stock worth $3,105,000 after purchasing an additional 876 shares during the period. StrongBox Wealth LLC boosted its holdings in Micron Technology by 253.4% in the third quarter. StrongBox Wealth LLC now owns 205 shares of the semiconductor manufacturer’s stock worth $218,000 after purchasing an additional 147 shares during the period. Finally, Capstone Wealth Management LLC increased its stake in Micron Technology by 2.1% during the third quarter. Capstone Wealth Management LLC now owns 1,223 shares of the semiconductor manufacturer’s stock valued at $1,303,000 after purchasing an additional 25 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Down 17.5%

Shares of NASDAQ:MU opened at $655.78 on Friday. The company has a 50 day moving average of $966.51 and a 200-day moving average of $753.37. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The firm has a market cap of $741.97 billion, a P/E ratio of 8.84, a P/E/G ratio of 0.14 and a beta of 2.36. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its earnings results 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. The business 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 quarterly revenue was up 379.1% on a year-over-year basis. During the same quarter last year, the business posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 175.19 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Wednesday, October 14th. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

Insider Buying and Selling

In other Micron Technology news, insider Scott Deboer sold 28,545 shares of Micron Technology stock in a transaction that occurred 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 owned 147,430 shares in the company, valued at approximately $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 value of $38,756,000.00. Following the completion of the transaction, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 83,545 shares of company stock worth $78,460,850. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the subject of a number of recent research reports. BMO Capital Markets reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, October 1st. UBS Group restated a “buy” rating and issued a $1,625.00 target price (up from $535.00) on shares of Micron Technology in a research note on Wednesday, September 23rd. Wells Fargo & Company decreased their target price on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a research note on Wednesday, September 23rd. DA Davidson upped their target price on Micron Technology from $2,100.00 to $3,000.00 and gave the company a “buy” rating in a report on Wednesday, October 7th. Finally, Cantor Fitzgerald reiterated an “overweight” rating and set a $2,000.00 price target on shares of Micron Technology in a research report on Thursday, October 1st. One 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’s stock. According to MarketBeat.com, Micron Technology has an average rating of “Moderate Buy” and an average price target of $1,407.88.

Read Our Latest Stock Report on MU

Key Micron Technology News

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

  • Positive Sentiment: Several articles point to robust AI-driven demand, tight memory supply, and strong pricing as supports for Micron’s business. Some commentators view the sell-off as a potential buying opportunity, though that is an opinion rather than a change in company guidance. Article: Micron: Is the Recent Selloff a Buying Opportunity?
  • Neutral Sentiment: Director Linnie M. Haynesworth plans to retire from Micron’s board at the annual shareholders meeting expected on January 14, 2027. The announcement did not include other board changes. Article: Micron Announces Board of Directors Retirement
  • Negative Sentiment: Investors are concerned that proposals for tighter AI data-center rules—including zoning, energy and water requirements, and environmental reviews—could delay projects and soften future demand for memory chips. These are policy risks, not announced changes to Micron’s current customer demand. Article: Could Micron Technology Face Slower AI Demand From New Data Center Rules?
  • Negative Sentiment: Reports say Micron has paused plans for a $4.5 billion Taiwan memory facility amid a labor dispute. The delay raises execution concerns for a project intended to produce DRAM and high-bandwidth memory used in AI data centers. Article: Micron Stock Falls After Report of $4.5 Billion Taiwan Pause
  • Negative Sentiment: The sell-off is also part of a wider retreat in chip and technology stocks, with investors reducing exposure to AI-linked shares. Reports of Chinese rival CXMT pre-selling $1 billion in DRAM add to concerns about competition and future market share. Article: Why Micron Stock Keeps Going Down

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.

Recommended Stories

Institutional Ownership by Quarter for Micron Technology (NASDAQ:MU)

Receive News & Ratings for Micron Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Micron Technology and related companies with MarketBeat.com's FREE daily email newsletter.