Cullen Capital Management LLC Lowers Stake in Micron Technology, Inc. $MU

Cullen Capital Management LLC lowered its holdings in shares of Micron Technology, Inc. (NASDAQ:MU) by 50.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,984 shares of the semiconductor manufacturer’s stock after selling 7,196 shares during the period. Cullen Capital Management LLC’s holdings in Micron Technology were worth $1,169,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Barnes Dennig Private Wealth Management LLC bought a new position in Micron Technology during the 3rd quarter valued at approximately $27,000. Cullen Frost Bankers Inc. grew its stake in shares of Micron Technology by 79.3% in the third quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after acquiring an additional 88 shares during the last quarter. First Command Advisory Services Inc. increased its holdings in shares of Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after acquiring an additional 153 shares in the last quarter. Howard Hughes Medical Institute purchased a new position in shares of Micron Technology in the 2nd quarter worth about $30,000. Finally, Physician Wealth Advisors Inc. boosted its stake in Micron Technology by 248.0% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 261 shares of the semiconductor manufacturer’s stock worth $44,000 after purchasing an additional 186 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

Micron Technology Trading Up 0.9%

NASDAQ:MU opened at $382.89 on Friday. The company has a market cap of $430.95 billion, a PE ratio of 36.40 and a beta of 1.52. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The company has a 50 day simple moving average of $315.53 and a two-hundred day simple moving average of $219.12. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $455.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period last year, the business posted $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. Research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were given a dividend of $0.115 per share. The ex-dividend date of this dividend was Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is presently 4.37%.

Key Micron Technology News

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

• Positive Sentiment: Micron announced a US$24 billion NAND “megafab” in Singapore — a large capacity commitment that supports long‑term NAND revenue and reinforces the company’s role in the AI/data‑center memory supply chain. Micron’s US$24b Singapore Fab Tests AI Memory Growth Story
• Positive Sentiment: Analysts are pushing targets higher (Mizuho, Phillip Securities and others), citing strong HBM/DRAM demand tied to AI — these upgrades support continued buying and institutional interest. Phillip Securities Sets $500 Price Target on HBM Demand
• Positive Sentiment: Market commentary highlights an AI memory boom (HBM shortages, sold‑out 2026 supply) and Micron’s U.S. fabs/executive hires as competitive advantages — narratives that justify premium multiples if data‑center demand persists. Micron Technology Stock Opinions on AI Memory Boom
• Neutral Sentiment: Coverage pieces (Zacks, Forbes, valuation checks) note MU is a top momentum stock but caution some gains may be priced in — useful for timing and risk management but not an immediate catalyst. Micron (MU) is a Top-Ranked Momentum Stock: Should You Buy?
• Neutral Sentiment: Options and strategy writeups (including ideas around a March 27 expiration) signal elevated derivatives activity — indicates traders positioning for volatility but doesn’t by itself change fundamentals. Exploring New Options for Micron Technology (MU) with March 27th Expiration
• Negative Sentiment: EVP Sumit Sadana sold 25,000 shares (~$10.7M) on Feb 2 — a large insider sale that can unsettle some investors despite repeated company insider dispositions during the rally. SEC Filing: Insider Sale
• Negative Sentiment: After a roughly 300% run over the past year, commentators note profit‑taking and unusual options flows pushed MU lower in short intervals — a reminder of heightened short‑term volatility even amid a bullish structural story. Micron (MU) Stock: Executive Offloads $10.7M Following 300% Rally

Wall Street Analysts Forecast Growth

A number of analysts have weighed in on the stock. New Street Research restated a “neutral” rating on shares of Micron Technology in a research note on Tuesday, October 14th. Bank of America increased their price target on shares of Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. Piper Sandler boosted their price objective on shares of Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a report on Wednesday, January 7th. Itau BBA Securities reaffirmed an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Finally, Needham & Company LLC increased their target price on Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Six investment analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus target price of $349.76.

Insider Transactions at Micron Technology

In other Micron Technology news, EVP Manish H. Bhatia sold 26,623 shares of the stock in a transaction that occurred on Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total value of $10,410,657.92. Following the transaction, the executive vice president directly owned 323,486 shares in the company, valued at approximately $126,495,965.44. This trade represents a 7.60% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president owned 165,618 shares in the company, valued at $45,891,091.62. This represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

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.