Moody National Bank Trust Division Sells 4,756 Shares of Micron Technology, Inc. $MU

Key Points

• Moody National Bank Trust Division sold 4,756 shares of Micron, reducing its stake by 34.3% to 9,106 shares valued at $2.599 million as of the latest SEC filing.
• Micron reported a blowout quarter ($12.20 EPS; $23.86B revenue), raised its dividend by ~30% and drew multiple analyst price‑target upgrades, but a steep ~$25B FY26 capex outlook and post‑earnings profit‑taking have pressured the stock.

Moody National Bank Trust Division decreased its holdings in shares of Micron Technology, Inc. (NASDAQ:MU - Free Report) by 34.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,106 shares of the semiconductor manufacturer's stock after selling 4,756 shares during the period. Moody National Bank Trust Division's holdings in Micron Technology were worth $2,599,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC boosted its holdings in shares of Micron Technology by 18.3% during the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after buying an additional 976 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Micron Technology by 21.7% in the second quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer's stock worth $435,000 after purchasing an additional 628 shares during the period. United Bank bought a new stake in Micron Technology in the second quarter valued at $236,000. Schnieders Capital Management LLC. raised its holdings in shares of Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer's stock valued at $2,093,000 after purchasing an additional 6,867 shares during the period. Finally, American Century Companies Inc. grew its stake in shares of Micron Technology by 245.6% in the 2nd quarter. American Century Companies Inc. now owns 803,788 shares of the semiconductor manufacturer's stock valued at $99,067,000 after buying an additional 571,209 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Key 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

Insider Transactions at Micron Technology

In other news, EVP Sumit Sadana sold 25,000 shares of the business's stock in a transaction 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 sale, the executive vice president owned 248,021 shares in the company, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Teyin M. Liu purchased 7,820 shares of the firm's stock in a transaction that occurred on Wednesday, January 14th. The stock was acquired at an average price of $337.50 per share, with a total value of $2,639,250.00. Following the completion of the purchase, the director owned 25,910 shares in the company, valued at $8,744,625. This represents a 43.23% increase in their ownership of the stock. The SEC filing for this purchase provides additional information. In the last three months, insiders purchased 23,200 shares of company stock valued at $7,821,723 and sold 53,623 shares valued at $21,832,908. Company insiders own 0.24% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on MU shares. Sanford C. Bernstein increased their target price on Micron Technology from $330.00 to $510.00 and gave the stock an "outperform" rating in a report on Wednesday, March 18th. KeyCorp increased their price objective on Micron Technology from $450.00 to $600.00 and gave the stock an "overweight" rating in a research note on Thursday, March 19th. TD Cowen lifted their price objective on shares of Micron Technology from $450.00 to $500.00 and gave the stock a "buy" rating in a report on Monday, March 16th. Susquehanna raised their price target on shares of Micron Technology from $345.00 to $525.00 and gave the company a "positive" rating in a research report on Monday, March 9th. Finally, Barclays lifted their target price on shares of Micron Technology from $450.00 to $675.00 and gave the stock an "overweight" rating in a research report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat, Micron Technology presently has an average rating of "Buy" and an average price target of $453.55.

Micron Technology Stock Down 2.2%

Shares of MU opened at $395.53 on Wednesday. The firm has a market cap of $446.05 billion, a P/E ratio of 18.67 and a beta of 1.50. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $471.34. The stock has a 50 day simple moving average of $404.96 and a two-hundred day simple moving average of $289.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating the consensus estimate of $8.50 by $3.70. The company had revenue of $23.86 billion for the quarter, compared to analyst estimates of $18.90 billion. Micron Technology had a net margin of 41.49% and a return on equity of 41.16%. The firm's quarterly revenue was up 196.3% compared to the same quarter last year. During the same quarter last year, the firm earned $1.56 EPS. On average, analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. This is a boost from Micron Technology's previous quarterly dividend of $0.12. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Monday, March 30th. Micron Technology's dividend payout ratio is presently 2.17%.

Micron Technology 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.