Moody National Bank Trust Division Cuts Stock Position in Micron Technology, Inc. $MU

Moody National Bank Trust Division decreased its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 34.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 9,106 shares of the semiconductor manufacturer’s stock after selling 4,756 shares during the quarter. Moody National Bank Trust Division’s holdings in Micron Technology were worth $2,599,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. REAP Financial Group LLC purchased a new stake in Micron Technology during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology during the third quarter valued at approximately $27,000. Elevation Wealth Partners LLC raised its holdings in Micron Technology by 295.8% in the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 71 shares during the last quarter. Howard Hughes Medical Institute bought a new position in Micron Technology in the 2nd quarter valued at approximately $30,000. Finally, Cullen Frost Bankers Inc. increased its holdings in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares in the last quarter. 80.84% of the stock is currently owned by institutional investors.

More Micron Technology News

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

• Positive Sentiment: Blowout results and management tone — Q2 revenue nearly tripled year‑over‑year and Micron cited record DRAM, NAND and HBM demand tied to AI, data center, mobile and automotive end markets. Strong guidance (very high gross-margin outlook) underpins upside if demand holds. 5 Insightful Analyst Questions From Micron’s Q1 Earnings Call
• Positive Sentiment: Dividend hike — Micron raised its dividend by ~30%, signaling strong free cash flow and management confidence in cash generation during the AI memory cycle, which can attract income-focused holders. Micron Technology Hikes Its Dividend 30% Due to Surging FCF
• Positive Sentiment: Analyst optimism — Several firms have raised targets and ratings (example: Raymond James to $530), reflecting expectations of a multi‑quarter pricing/margin tailwind from AI memory shortages. Upgrades can support a higher valuation over time. Raymond James Raises its Price Target on Micron to $530
• Neutral Sentiment: Market/technical context — Tech sector rotation and “sell‑the‑news” behavior across AI names have amplified volatility; despite fundamentals, broad index moves and profit‑taking can pressure MU in the short term. After Blowout Earnings, How Much Higher Can Micron Go?
• Neutral Sentiment: Data noise on short interest — recent short‑interest reports in the feed show anomalous/zero values (NaN) and appear unreliable; ignore until verified data is published.
• Negative Sentiment: Large capex guidance — Micron signaled very steep capex (reported ~$25B for FY26 and follow‑on build plans), prompting investor concern about capital efficiency, near‑term cash allocation and potential margin pressure if ramped capacity outpaces demand. That was a key reason the stock sold off despite the beat. The ‘Problem’ With Micron’s Guidance
• Negative Sentiment: Competitive equipment investments — SK Hynix announced a large ASML equipment investment, which investors interpret as potential capacity/competitive escalation risk that could influence pricing dynamics down the line. Micron Stock Falls As Rival SK Hynix Ups Investments
• Negative Sentiment: Post‑earnings sell‑off — Multiple outlets report a sharp post‑earnings decline (sell‑the‑news), reflecting that a high expectation already priced into MU and short‑term profit‑taking. That increases near‑term downside risk until the market confirms sustained pricing/margin trends. Micron (MU) Stock Plummets 15% Despite Record-Breaking Quarterly Performance

Micron Technology Price Performance

MU stock opened at $395.53 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company’s fifty day moving average price is $404.96 and its 200-day moving average price is $289.19. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $471.34. The company has a market capitalization of $446.05 billion, a PE ratio of 18.67 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 earnings per share for the quarter, beating the consensus estimate of $8.50 by $3.70. The company had revenue of $23.86 billion during the quarter, compared to analysts’ expectations of $18.90 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. Micron Technology’s quarterly revenue was up 196.3% on a year-over-year basis. During the same period last year, the company posted $1.56 earnings per share. On average, equities analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, March 30th. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s payout ratio is presently 2.17%.

Wall Street Analysts Forecast Growth

MU has been the topic of several research reports. Citigroup raised their target price on Micron Technology from $430.00 to $510.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. JPMorgan Chase & Co. lifted their target price on Micron Technology from $350.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. William Blair started coverage on Micron Technology in a research note on Thursday, January 22nd. They set an “outperform” rating for the company. UBS Group raised their target price on shares of Micron Technology from $475.00 to $510.00 and gave the stock a “buy” rating in a research note on Thursday, March 19th. Finally, Morgan Stanley increased their price objective on shares of Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus price target of $453.55.

Insider Activity

In related news, EVP Sumit Sadana sold 25,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares of the company’s stock, valued at $106,621,747.69. This represents a 9.16% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CAO Scott R. Allen sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the completion of the sale, the chief accounting officer owned 38,237 shares of the company’s stock, valued at approximately $12,904,987.50. This trade represents a 4.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have bought 23,200 shares of company stock worth $7,821,723 and have sold 53,623 shares worth $21,832,908. 0.24% of the stock is owned by corporate insiders.

Micron Technology Company 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.