Deroy & Devereaux Private Investment Counsel Inc. Sells 5,789 Shares of Micron Technology, Inc. $MU

Deroy & Devereaux Private Investment Counsel Inc. lessened its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 3.7% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 149,829 shares of the semiconductor manufacturer’s stock after selling 5,789 shares during the period. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in Micron Technology were worth $25,069,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in MU. Teamwork Financial Advisors LLC increased its holdings in Micron Technology by 0.4% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock worth $2,505,000 after acquiring an additional 53 shares in the last quarter. Blue Trust Inc. boosted its position in shares of Micron Technology by 0.5% in the third quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock worth $1,779,000 after purchasing an additional 53 shares during the period. Lodestone Wealth Management LLC increased its stake in shares of Micron Technology by 3.2% in the third quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock worth $283,000 after purchasing an additional 53 shares in the last quarter. Allen Capital Group LLC increased its stake in shares of Micron Technology by 1.2% in the third quarter. Allen Capital Group LLC now owns 4,554 shares of the semiconductor manufacturer’s stock worth $762,000 after purchasing an additional 54 shares in the last quarter. Finally, Calamos Wealth Management LLC raised its position in shares of Micron Technology by 1.1% during the 3rd quarter. Calamos Wealth Management LLC now owns 6,327 shares of the semiconductor manufacturer’s stock valued at $1,059,000 after purchasing an additional 67 shares during the period. Institutional investors own 80.84% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on MU. BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 target price for the company in a report on Monday, October 13th. Rosenblatt Securities restated a “buy” rating and issued a $300.00 price objective on shares of Micron Technology in a research report on Monday, December 15th. HSBC initiated coverage on Micron Technology in a research report on Tuesday, December 9th. They set a “buy” rating and a $330.00 target price for the company. Mizuho boosted their price target on Micron Technology from $290.00 to $390.00 and gave the stock an “outperform” rating in a report on Friday, January 9th. Finally, KeyCorp upped their price target on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus price target of $320.62.

Micron Technology Stock Performance

NASDAQ MU opened at $336.63 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $351.23. The business has a 50 day simple moving average of $265.40 and a two-hundred day simple moving average of $190.13. The stock has a market capitalization of $378.88 billion, a PE ratio of 32.00, a P/E/G ratio of 0.21 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same period in the prior year, the firm earned $1.79 EPS. The company’s revenue for the quarter was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were paid a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is presently 4.37%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: RBC Capital initiated coverage with an “Outperform” rating and a $425 price target, signaling fresh institutional support that can drive demand from fund managers. RBC Capital initiates coverage
• Positive Sentiment: Multiple firms raised price targets this morning (Cantor Fitzgerald to $450, Wells Fargo to $410, Citi to $385), reinforcing a bullish consensus and suggesting upside to current estimates. (See Benzinga/TickerReport coverage for the individual notes.) Analyst price target raises
• Positive Sentiment: MarketBeat highlights Micron’s aggressive HBM (high-bandwidth memory) ramp and booked-out capacity into 2026–2027 — a fundamental driver of revenue and margin upside as AI data-center demand remains tight. Micron: Accelerating HBM Ramp Extends Growth Into 2027
• Positive Sentiment: Insider buying: Director Teyin M. Liu purchased 11,600 shares (~$3.9M) at ~ $337 — a strong signal of management confidence that tends to be viewed favorably by investors. SEC filing: insider purchase
• Neutral Sentiment: Sector commentary (Zacks, others) keeps Micron among top semiconductor/AI picks, supporting demand but also placing MU in a widely owned thematic trade — which can amplify volatility. 4 Stocks to Watch
• Negative Sentiment: Competition and rotation stories surface: some pieces argue NVIDIA (and other AI chip plays) could outpace Micron as the next big AI beneficiary, which can reallocate flows away from memory names. After Micron’s surge, this AI chip stock could be next
• Negative Sentiment: Risk discussion: analytical pieces (Forbes) remind investors that MU has historically experienced sharp drawdowns (30%+ moves) and outline scenarios that could trigger large pullbacks, underscoring elevated volatility despite strong fundamentals. What Can Cause A 30% Drop In Micron Stock?
• Negative Sentiment: Some investors/authors are taking profits after the rapid rerating, which can add selling pressure and short-term volatility even amid bullish analyst revisions. Why I’m taking profits

Insiders Place Their Bets

In related news, Director Teyin M. Liu purchased 11,600 shares of the company’s stock in a transaction that occurred on Wednesday, January 14th. The stock was bought at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the completion of the transaction, the director owned 25,910 shares in the company, valued at approximately $8,737,370.20. The trade was a 81.06% increase in their position. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CFO Mark J. Murphy sold 126,000 shares of the business’s stock in a transaction that occurred on Thursday, October 30th. The stock was sold at an average price of $225.31, for a total value of $28,389,060.00. Following the sale, the chief financial officer directly owned 219,693 shares in the company, valued at $49,499,029.83. The trade was a 36.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 318,800 shares of company stock worth $72,333,387. Insiders own 0.24% of the company’s stock.

Micron Technology Profile

Micron Technology, Inc is a global semiconductor company that designs and manufactures memory and storage solutions. Its product portfolio includes dynamic random-access memory (DRAM), NAND flash memory, solid-state drives (SSDs), memory modules and embedded memory solutions for a wide range of computing and electronic devices. Micron supplies components used in data centers, enterprise and cloud infrastructure, client computing, mobile devices, automotive systems and industrial applications, and also markets consumer-facing products under the Crucial brand.

Founded in 1978 and headquartered in Boise, Idaho, Micron has grown into an international manufacturer with research, development and production facilities across multiple regions.