Moody National Bank Trust Division Has $1.69 Million Stock Holdings in Micron Technology, Inc. $MU

Key Points

• Moody National Bank Trust Division decreased its holdings in Micron Technology by 11.3%, now owning 13,739 shares worth approximately $1.69 million.
• Micron Technology's CFO and EVP recently sold large amounts of company stock, indicating a decrease in insider positions, which totaled approximately $34.2 million in sales over the last ninety days.
• The company reported better-than-expected quarterly earnings, with an EPS of $1.91, and has set a Q4 2025 guidance between 2.350-2.650 EPS.

Moody National Bank Trust Division cut its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 11.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 13,739 shares of the semiconductor manufacturer's stock after selling 1,758 shares during the period. Moody National Bank Trust Division's holdings in Micron Technology were worth $1,693,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. Sunbeam Capital Management LLC acquired a new stake in Micron Technology during the 4th quarter worth approximately $26,000. Opal Wealth Advisors LLC acquired a new stake in Micron Technology during the 1st quarter worth approximately $33,000. AllSquare Wealth Management LLC boosted its position in Micron Technology by 100.0% during the 1st quarter. AllSquare Wealth Management LLC now owns 400 shares of the semiconductor manufacturer's stock worth $35,000 after buying an additional 200 shares during the period. MJT & Associates Financial Advisory Group Inc. acquired a new stake in Micron Technology during the 1st quarter worth approximately $36,000. Finally, Roxbury Financial LLC boosted its position in Micron Technology by 306.1% during the 1st quarter. Roxbury Financial LLC now owns 398 shares of the semiconductor manufacturer's stock worth $37,000 after buying an additional 300 shares during the period. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Micron Technology

In other news, CFO Mark J. Murphy sold 34,000 shares of the company's stock in a transaction on Tuesday, July 22nd. The shares were sold at an average price of $109.32, for a total value of $3,716,880.00. Following the completion of the sale, the chief financial officer owned 264,036 shares in the company, valued at $28,864,415.52. This represents a 11.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, EVP Manish H. Bhatia sold 80,000 shares of the company's stock in a transaction on Monday, June 30th. The stock was sold at an average price of $123.16, for a total transaction of $9,852,800.00. Following the completion of the sale, the executive vice president owned 275,067 shares of the company's stock, valued at approximately $33,877,251.72. The trade was a 22.53% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,946 shares of company stock worth $34,242,567 in the last ninety days. 0.30% of the stock is currently owned by corporate insiders.

Micron Technology Stock Down 3.6%

Micron Technology stock opened at $162.73 on Friday. The company has a market capitalization of $182.11 billion, a PE ratio of 29.32 and a beta of 1.47. The firm's fifty day moving average is $123.82 and its 200 day moving average is $105.58. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $170.45.

Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 EPS for the quarter, beating analysts' consensus estimates of $1.57 by $0.34. The business had revenue of $9.30 billion during the quarter, compared to analyst estimates of $8.83 billion. Micron Technology had a net margin of 18.41% and a return on equity of 13.60%. During the same quarter in the previous year, the business posted $0.62 EPS. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. As a group, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 22nd. Shareholders of record on Monday, July 7th were paid a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date was Monday, July 7th. Micron Technology's payout ratio is 8.29%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Rosenblatt Securities reiterated a "buy" rating and set a $200.00 target price on shares of Micron Technology in a research report on Thursday. Mizuho boosted their price target on shares of Micron Technology from $155.00 to $182.00 and gave the stock an "outperform" rating in a research report on Tuesday. Stifel Nicolaus boosted their price target on shares of Micron Technology from $130.00 to $145.00 and gave the stock a "buy" rating in a research report on Thursday, June 26th. Zacks Research upgraded shares of Micron Technology from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, August 19th. Finally, TD Cowen boosted their price target on shares of Micron Technology from $150.00 to $180.00 and gave the stock a "buy" rating in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-two have issued a Buy rating and five have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $163.50.

Micron Technology Company Profile

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.