Texas Bank & Trust Co Sells 2,920 Shares of Micron Technology, Inc. $MU

Texas Bank & Trust Co lessened its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 61.9% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,795 shares of the semiconductor manufacturer’s stock after selling 2,920 shares during the quarter. Texas Bank & Trust Co’s holdings in Micron Technology were worth $300,000 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. Moran Wealth Management LLC lifted its stake in shares of Micron Technology by 62.0% during the 3rd quarter. Moran Wealth Management LLC now owns 46,967 shares of the semiconductor manufacturer’s stock worth $7,859,000 after purchasing an additional 17,967 shares during the last quarter. CX Institutional grew its stake in Micron Technology by 4.5% in the third quarter. CX Institutional now owns 8,113 shares of the semiconductor manufacturer’s stock valued at $1,358,000 after purchasing an additional 352 shares during the last quarter. WMG Financial Advisors LLC bought a new position in Micron Technology in the third quarter worth about $226,000. SkyOak Wealth LLC raised its holdings in Micron Technology by 7.8% in the third quarter. SkyOak Wealth LLC now owns 6,925 shares of the semiconductor manufacturer’s stock worth $1,159,000 after purchasing an additional 503 shares in the last quarter. Finally, Childress Capital Advisors LLC lifted its position in shares of Micron Technology by 14.1% during the third quarter. Childress Capital Advisors LLC now owns 5,151 shares of the semiconductor manufacturer’s stock valued at $862,000 after buying an additional 636 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Insider Transactions at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 3,743 shares of Micron Technology stock in a transaction that occurred on Friday, November 7th. The shares were sold at an average price of $233.39, for a total transaction of $873,578.77. Following the completion of the sale, the chief executive officer directly owned 396,578 shares in the company, valued at approximately $92,557,339.42. The trade was a 0.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, EVP Scott J. Deboer sold 82,000 shares of the company’s stock in a transaction on Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the sale, the executive vice president directly owned 154,145 shares in the company, valued at $34,345,047.45. This trade represents a 34.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 316,800 shares of company stock valued at $71,658,387 over the last quarter. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Down 1.1%

NASDAQ:MU opened at $339.54 on Thursday. The company has a market capitalization of $382.16 billion, a P/E ratio of 32.28, a PEG ratio of 0.22 and a beta of 1.50. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. Micron Technology, Inc. has a 12 month low of $61.54 and a 12 month high of $346.30. The firm has a fifty day simple moving average of $252.40 and a 200-day simple moving average of $181.68.

Micron Technology (NASDAQ:MU) last released its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $13.64 billion for the quarter, compared to the consensus estimate of $12.62 billion. During the same period in the prior year, the firm earned $1.79 EPS. The firm’s revenue 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, equities research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Investors of record on Monday, December 29th will be issued a dividend of $0.115 per share. The ex-dividend date of this dividend is Monday, December 29th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 0.1%. Micron Technology’s payout ratio is 4.37%.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Citigroup lifted their price objective on shares of Micron Technology from $300.00 to $330.00 and gave the stock a “buy” rating in a research report on Thursday, December 18th. Cantor Fitzgerald raised their target price on shares of Micron Technology from $300.00 to $350.00 and gave the company an “overweight” rating in a research note on Thursday, December 18th. Bank of America raised Micron Technology from a “neutral” rating to a “buy” rating and upped their price target for the stock from $250.00 to $300.00 in a research report on Thursday, December 18th. Rosenblatt Securities reiterated a “buy” rating and set a $300.00 price objective on shares of Micron Technology in a report on Monday, December 15th. Finally, Mizuho boosted their target price on Micron Technology from $270.00 to $290.00 and gave the stock an “outperform” rating in a research note on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Micron Technology presently has an average rating of “Buy” and a consensus price target of $292.00.

Micron Technology News Roundup

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

• Positive Sentiment: Accelerating AI demand — Nvidia highlighted next‑gen memory needs at CES, reinforcing investor expectations that Micron will benefit from stronger HBM and DRAM pricing and demand. Micron (MU) Stock; Gains 10% as Nvidia Highlights Next-Gen Memory Needs
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms (UBS, Piper Sandler and others) raised price targets and ratings this week, signaling renewed sell‑side conviction that MU’s earnings power and pricing leverage will improve. Analyst Price Target Coverage
• Positive Sentiment: Industry tailwinds — Samsung’s forecast of record memory profits and rising chip prices supports the thesis that industry pricing is tightening, which should boost Micron’s revenue and margins. Samsung Expects Record Profit as Memory Chip Prices Soar. What It Means for Micron Stock.
• Positive Sentiment: Strong fundamentals & guidance — Recent earnings beat and robust FY26 guidance (high revenue growth, gross margins and elevated EPS targets) underpin optimism about durable AI‑driven revenue streams. Micron Technology: Riding On AI-Driven Growth
• Positive Sentiment: Capacity investment and megafab — Micron announced a groundbreaking for a New York megafab and is boosting AI‑related capex, positioning the company to capture constrained HBM supply and long‑term AI demand. Micron Announces Groundbreaking for Historic New York Megafab
• Neutral Sentiment: Wall Street momentum & rankings — Micron made Zacks Rank #1 and appears on lists of top growth/momentum names, which can attract flows but also amplify volatility. Best Growth Stocks to Buy for January 8th
• Neutral Sentiment: Analyst notes and valuation debate — Several pieces outline a bullish long‑term case but also highlight that MU’s rapid run has lifted multiples; investors are split on sustainable upside versus mean reversion. Micron Technology Stock Is Surging: What Could Sustain The Rally?
• Negative Sentiment: Technical/near‑term pullback risk — Commentators flagged MU as overbought after the rally, raising the chance of short‑term profit‑taking and volatility. That dynamic likely explains today’s decline following the run. Stock Of The Day: Will Micron Technology Reverse?
• Negative Sentiment: Supply/capacity uncertainty — While shortages boost pricing now, investors should watch Micron’s ability to ramp targeted capacity without overshooting demand long term; execution and timing risks remain. Micron: No Longer A Commodity, But A Strategic AI Enabler

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.