First American Trust FSB Invests $249,000 in Micron Technology, Inc. $MU

First American Trust FSB bought a new stake in Micron Technology, Inc. (NASDAQ:MU) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 1,487 shares of the semiconductor manufacturer’s stock, valued at approximately $249,000.

Several other institutional investors and hedge funds also recently modified their holdings of the business. REAP Financial Group LLC bought a new position in Micron Technology in the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC bought a new position in Micron Technology during the 3rd quarter valued at $27,000. Cullen Frost Bankers Inc. raised its stake in shares of Micron Technology by 79.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 88 shares in the last quarter. First Command Advisory Services Inc. lifted its holdings in shares of Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 153 shares during the period. Finally, Howard Hughes Medical Institute bought a new position in Micron Technology during the second quarter valued at about $30,000. Institutional investors own 80.84% of the company’s stock.

Insider Activity

In other Micron Technology news, Director Teyin M. Liu purchased 7,820 shares of the business’s stock in a transaction dated Wednesday, January 14th. The stock was bought at an average cost of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the acquisition, the director directly 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the company’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 transaction, the executive vice president owned 248,021 shares of the company’s stock, valued at approximately $106,621,747.69. The trade was a 9.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. 0.24% of the stock is owned by company insiders.

Micron Technology Trading Down 0.7%

NASDAQ:MU opened at $418.01 on Wednesday. The stock’s 50 day moving average price is $358.66 and its 200 day moving average price is $247.85. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $455.50. The company has a market capitalization of $470.47 billion, a P/E ratio of 39.73 and a beta of 1.52. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46.

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 the consensus estimate of $3.77 by $1.01. The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm’s revenue was up 56.7% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, research analysts forecast that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a dividend of $0.115 per share. This represents a $0.46 annualized dividend 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%.

Micron Technology News Roundup

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

• Positive Sentiment: TD Cowen raised its long‑term EPS scenario for MU to as much as $60 for 2026, lifting upside earnings expectations and reinforcing a bullish fundamental thesis for Micron. What TD Cowen’s $60 EPS Call Means for Micron Technology (MU)
• Positive Sentiment: Coverage pieces highlight Micron’s strategic pivot into AI memory (HBM), reporting multi‑year commitments to hyperscalers and planned U.S. fab expansion to meet AI demand — a structural tailwind for revenue and pricing power. Micron’s AI Memory Pivot Tests Valuation As US Fab Spending Surges
• Positive Sentiment: Sector pieces place MU among the handful of firms at the center of an AI memory supply squeeze (HBM/DRAM shortage themes), noting recent revenue and EPS beats that validate stronger forward estimates. These 5 Stocks Are at the Center of the AI Supply Squeeze
• Positive Sentiment: Mainstream commentary (Forbes, Barron’s followups) argues the AI memory boom may have more room to run given tight supply and rising memory intensity per AI model — supporting a continued bullish case for MU. Micron Stock: Is The AI Memory Boom Just Beginning?
• Neutral Sentiment: Micron confirmed its fiscal Q2 earnings call for Mar. 18 — a near‑term catalyst that can amplify volatility (beat could push shares higher; a miss could trigger further selling). Webcast details are on Micron’s IR site. Micron Technology to Report Fiscal Second Quarter Results on March 18, 2026
• Neutral Sentiment: Analysts and commentators are discussing a possible stock split after a ~300% one‑year run; splits don’t change fundamentals but can broaden retail demand — mostly speculative until announced by Micron. Will Micron Technology Stock Split?
• Negative Sentiment: Short‑term price weakness: recent sessions show MU pulling back more than the market, consistent with profit‑taking after a rapid rally; that increases volatility ahead of earnings. Micron (MU) Suffers a Larger Drop Than the General Market: Key Insights
• Negative Sentiment: Risk pieces warn the AI/memory cycle could cool or re‑rate if capacity adds, pricing normalizes, or demand growth slows — a reminder that elevated expectations are priced in and downside risk exists. Micron and Its Memory-Chip Peers Are Riding the AI Surge. How and When It Could Turn Sour.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MU. Barclays raised their price objective on shares of Micron Technology from $275.00 to $450.00 and gave the company an “overweight” rating in a research report on Friday, January 16th. UBS Group lifted their target price on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Wednesday, January 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $500.00 target price on shares of Micron Technology in a report on Tuesday, January 20th. KeyCorp lifted their price target on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Finally, Mizuho raised their target price on shares of Micron Technology from $390.00 to $480.00 and gave the stock an “outperform” rating in a report on Tuesday, January 27th. Six investment 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 data from MarketBeat, Micron Technology presently has an average rating of “Buy” and an average price target of $358.38.

About Micron Technology

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.