Amalgamated Bank Has $35.53 Million Holdings in Micron Technology, Inc. $MU

Amalgamated Bank lowered its stake in Micron Technology, Inc. (NASDAQ:MU) by 1.5% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 212,358 shares of the semiconductor manufacturer’s stock after selling 3,216 shares during the quarter. Amalgamated Bank’s holdings in Micron Technology were worth $35,532,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of MU. Beacon Financial Advisory LLC boosted its stake in shares of Micron Technology by 5.8% during the 3rd quarter. Beacon Financial Advisory LLC now owns 1,962 shares of the semiconductor manufacturer’s stock worth $328,000 after acquiring an additional 107 shares during the period. LJI Wealth Management LLC bought a new stake in Micron Technology in the 3rd quarter valued at $241,000. Aviance Capital Partners LLC acquired a new stake in Micron Technology during the 3rd quarter valued at $236,000. Maryland State Retirement & Pension System boosted its position in Micron Technology by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 55,717 shares of the semiconductor manufacturer’s stock worth $9,323,000 after purchasing an additional 1,410 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its position in Micron Technology by 4.7% during the third quarter. Sequoia Financial Advisors LLC now owns 44,654 shares of the semiconductor manufacturer’s stock worth $7,471,000 after purchasing an additional 1,999 shares during the period. 80.84% of the stock is owned by institutional investors and hedge funds.

Micron Technology Trading Up 7.8%

MU opened at $362.75 on Friday. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $365.81. 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 market cap of $408.28 billion, a P/E ratio of 34.48, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50. The company has a fifty day moving average price of $267.89 and a two-hundred day moving average price of $192.29.

Micron Technology (NASDAQ:MU) last announced 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 company had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. During the same quarter in the previous year, the firm earned $1.79 earnings per share. Micron Technology’s quarterly 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. Analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

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

Insider Buying and Selling

In other Micron Technology news, Director Teyin M. Liu acquired 11,600 shares of the stock in a transaction dated Wednesday, January 14th. The stock was purchased at an average cost of $337.22 per share, for a total transaction of $3,911,752.00. Following the acquisition, the director owned 25,910 shares in the company, valued at $8,737,370.20. The trade was a 81.06% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP April S. Arnzen sold 15,000 shares of the business’s stock in a transaction dated Monday, December 22nd. The shares were sold at an average price of $277.09, for a total value of $4,156,350.00. Following the completion of the sale, the executive vice president directly owned 165,618 shares of the company’s stock, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 318,800 shares of company stock valued at $72,333,387 in the last three months. 0.24% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several brokerages have issued reports on MU. Rosenblatt Securities restated a “buy” rating and set a $300.00 price objective on shares of Micron Technology in a research report on Monday, December 15th. TD Cowen lifted their price target on Micron Technology from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. Wells Fargo & Company upped their price objective on Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a report on Thursday. The Goldman Sachs Group lifted their target price on Micron Technology from $205.00 to $235.00 and gave the stock a “neutral” rating in a report on Thursday, December 18th. Finally, Mizuho upped their price target on shares of Micron Technology from $290.00 to $390.00 and gave the company an “outperform” rating in a research note on Friday, January 9th. Five research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of $326.66.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: Micron celebrated the official groundbreaking for its planned New York “megafab” — a multi‑year, large‑scale investment that underpins long‑term capacity growth for AI DRAM/NAND demand and signals strong political and local support. Read More.
• Positive Sentiment: High‑profile insider buys: former TSMC co‑CEO Mark Liu purchased several million dollars of MU shares and director Teyin M. Liu disclosed a ~$3.9M purchase — management and industry veteran buying is a strong confidence signal for investors. Read More.
• Positive Sentiment: Wall Street lifted targets and coverage: Cantor Fitzgerald and others raised targets (Cantor to $450), RBC initiated with Outperform, Wells Fargo and Citi raised theirs — these notes broaden institutional demand and support higher valuations. Read More.
• Positive Sentiment: Analyst/market commentary points to strong AI data‑center demand and Micron’s HBM ramp, reinforcing revenue/margin upside expectations tied to the AI memory shortage. Read More.
• Neutral Sentiment: Media coverage highlights MU as a top semiconductor/AI pick (Zacks, Investopedia): helps attract flows, but also places MU into a crowded thematic trade that can amplify intra‑day moves. Read More.
• Neutral Sentiment: CEO and company commentary emphasize ongoing AI memory tightness — bullish for fundamentals but timing/size of revenue realization remains the key variable for investors. Read More.
• Negative Sentiment: Risk/volatility reminders: analysts and commentators note MU’s history of sharp drawdowns and the potential for profit‑taking after a massive rerating, which raises short‑term downside risk despite strong momentum. Read More.
• Negative Sentiment: Competition/rotation risk: some analysts warn other AI chip names could soak up investor flows, and thematic rotation could redirect capital away from memory names if expectations shift. Read More.

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.