Private Trust Co. NA Boosts Position in Micron Technology, Inc. $MU

Private Trust Co. NA boosted its stake in Micron Technology, Inc. (NASDAQ:MU) by 25.6% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 8,112 shares of the semiconductor manufacturer’s stock after buying an additional 1,654 shares during the period. Private Trust Co. NA’s holdings in Micron Technology were worth $2,315,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. REAP Financial Group LLC bought a new position in Micron Technology in the 3rd quarter valued at approximately $25,000. Barnes Dennig Private Wealth Management LLC purchased a new stake in shares of Micron Technology during the 3rd quarter valued at about $27,000. Elevation Wealth Partners LLC raised its position in Micron Technology by 295.8% in the fourth 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 period. Steigerwald Gordon & Koch Inc. lifted its position in Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew its stake in shares of Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock valued at $33,000 after acquiring an additional 88 shares during the period. 80.84% of the stock is owned by hedge funds and other institutional investors.

Micron Technology Price Performance

Shares of NASDAQ:MU opened at $457.23 on Friday. The company’s 50 day moving average is $405.20 and its 200 day moving average is $315.27. The company has a market cap of $515.63 billion, a PE ratio of 21.59 and a beta of 1.60. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. Micron Technology, Inc. has a twelve month low of $65.64 and a twelve month high of $471.34.

Micron Technology Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Stockholders of record on Monday, March 30th were given a dividend of $0.15 per share. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is 2.83%.

Analyst Ratings Changes

A number of equities analysts have recently weighed in on the company. Morgan Stanley upped their price objective on Micron Technology from $350.00 to $450.00 and gave the stock an “overweight” rating in a research note on Wednesday, February 11th. Bank of America increased their price target on shares of Micron Technology from $400.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Itau BBA Securities restated an “outperform” rating on shares of Micron Technology in a report on Thursday, December 18th. Royal Bank Of Canada upped their price objective on Micron Technology from $425.00 to $525.00 and gave the company an “outperform” rating in a research report on Monday, March 16th. Finally, Wedbush lifted their price target on shares of Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a research note on Friday, March 13th. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Micron Technology has a consensus rating of “Buy” and a consensus price target of $464.61.

More Micron Technology News

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

• Positive Sentiment: Analysts and industry pieces highlight Micron’s exposure to the AI memory boom and position MU as a high-upside AI/data-center play, supporting longer-term revenue and margin upside. Beyond NVIDIA: 2 AI Chip Stocks Positioned for Big Upside in 2026
• Positive Sentiment: UBS and other coverage note persistent DRAM/NAND pricing strength; UBS reiterated a Buy and raised its price target, underscoring continued demand tailwinds for Micron. Does DRAM and NAND Memory Opportunities Assert Micron Technology, Inc. (MU) as a Top Data Center Stock?
• Positive Sentiment: Micron reports dramatic margin expansion driven by AI demand (large gross-margin improvement y/y), which supports higher profitability and justifies richer valuations if cyclical strength persists. Can Micron’s Margin Expansion Continue Amid Strong AI Demand?
• Positive Sentiment: Micron has locked up advanced memory capacity via multi-year volume agreements through 2027 with hyperscalers/OEMs, giving revenue visibility and reducing inventory/price risk for that capacity. Micron Sells Out Advanced Memory To 2027 Raising Questions On Valuation
• Neutral Sentiment: Valuation pieces and deep-dive write-ups examine MU after recent volatility — these assess stretched multiples vs. cyclicality but don’t present immediate catalysts. A Look At Micron Technology (MU) Valuation After Recent Share Price Volatility
• Neutral Sentiment: ASML’s earnings/guide produced some chip-equipment weakness that weighed on the sector intraday, but longer-term equipment demand for advanced nodes remains a tailwind for memory suppliers. ASML Falls Post-Earnings, Chip-Making Expansion Anchors Outlook (MU)
• Negative Sentiment: New regulatory filings show EVP Michael D. Cordano sold nearly $1.5M of MU stock, feeding immediate selling pressure and sparking headlines about insider exits. Monster insider trading alert for Micron (MU) stock
• Negative Sentiment: Additional high-profile insider sales (previous multimillion-dollar blocks) and cluster selling stories are amplifying profit-taking narratives, prompting short-term selling and analyst scrutiny. Micron’s (MU) Key Insider Sells $10.1M in Stock – Is This a Red Flag or Just Profit-Taking?
• Negative Sentiment: Market headlines note MU trading down and intraweek pullbacks as traders lock gains after a historic run, reinforcing short-term volatility risk. Micron Technology (NASDAQ:MU) Trading Down 2% on Insider Selling

Insider Activity

In related news, EVP Manish H. Bhatia sold 26,623 shares of the company’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. This represents a 7.60% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Sumit Sadana sold 24,000 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $421.35, for a total value of $10,112,400.00. Following the completion of the transaction, the executive vice president owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 115,623 shares of company stock worth $45,165,908 over the last 90 days. 0.24% of the stock is currently owned by company 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.