First Citizens Bank & Trust Co. Has $1.36 Million Position in Micron Technology, Inc. $MU

First Citizens Bank & Trust Co. raised its stake in Micron Technology, Inc. (NASDAQ:MU) by 42.1% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,129 shares of the semiconductor manufacturer’s stock after buying an additional 2,407 shares during the period. First Citizens Bank & Trust Co.’s holdings in Micron Technology were worth $1,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. American Capital Advisory LLC boosted its holdings in Micron Technology by 20.4% in the third quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock valued at $46,000 after acquiring an additional 46 shares during the last quarter. Teamwork Financial Advisors LLC lifted its position in shares of Micron Technology by 0.4% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock worth $2,505,000 after purchasing an additional 53 shares during the period. Blue Trust Inc. boosted its stake in shares of Micron Technology by 0.5% in the 3rd quarter. Blue Trust Inc. now owns 10,633 shares of the semiconductor manufacturer’s stock valued at $1,779,000 after purchasing an additional 53 shares during the last quarter. Lodestone Wealth Management LLC boosted its stake in shares of Micron Technology by 3.2% in the 3rd quarter. Lodestone Wealth Management LLC now owns 1,693 shares of the semiconductor manufacturer’s stock valued at $283,000 after purchasing an additional 53 shares during the last quarter. Finally, Allen Capital Group LLC increased its position in shares of Micron Technology by 1.2% during the third quarter. Allen Capital Group LLC now owns 4,554 shares of the semiconductor manufacturer’s stock worth $762,000 after buying an additional 54 shares during the period. Institutional investors and hedge funds own 80.84% of the company’s stock.

Micron Technology Stock Down 2.6%

Shares of NASDAQ:MU opened at $389.09 on Tuesday. 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, Inc. has a 52-week low of $61.54 and a 52-week high of $412.43. The business’s 50 day simple moving average is $284.66 and its two-hundred day simple moving average is $203.84. The firm has a market cap of $437.92 billion, a P/E ratio of 36.99 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 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 during the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the previous year, the company posted $1.79 earnings per share. The company’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. As a group, 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. 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 was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: AI-driven demand & tight HBM supply: Multiple bullish write-ups note Micron’s HBM demand is accelerating, the company is benefiting from supply constraints, and its HBM book is largely filled through 2026 — a core driver of the recent rally. Micron Stock Is Up Over 260%. Here’s Why It Could Go Even Higher
• Positive Sentiment: Momentum and Wall Street enthusiasm: Coverage highlights a six-session winning streak and ~20% gain over that run, lifting market cap by roughly $75B and spurring bullish analyst/media commentary that supports continued investor interest. What’s Happening With Micron Stock?
• Positive Sentiment: Positive analyst/media narratives and long-term thesis: Several market pieces and commentators (including The Motley Fool and Jim Cramer mentions) continue to push a growth story tied to AI memory demand and attractive valuation metrics versus expected earnings growth. Could Micron Technology Stock Make You a Millionaire in 2026?
• Neutral Sentiment: Analyst/broker activity could move the tape: Coverage notes broker recommendations and rating changes can sway short-term flows; monitor any upgrades/downgrades for near-term impact. Brokers Suggest Investing in Micron (MU)
• Neutral Sentiment: Short-term pullback after a run: Reports call today’s move a dip following a six-session rally — this is consistent with profit-taking rather than a clear change to the long-term thesis. Micron dips after a six-session rally
• Negative Sentiment: Competition risk — Samsung-Nvidia HBM4 supply deal: Multiple outlets report Samsung is qualifying/mass-producing HBM4 for Nvidia starting soon, which could erode Micron’s share of new HBM supply and temper upside expectations. Micron Technology Stock Slips on Nvidia-Samsung Supply Deal
• Negative Sentiment: Multiple reports confirm Samsung’s entry into Nvidia’s AI-memory chain — a tangible competitive development investors see as a near-term headwind for Micron’s HBM pricing/share gains. Samsung Breaks Into Nvidia’s AI Memory Supply Chain with HBM4 Chips
• Negative Sentiment: Insider selling: EVP Manish H. Bhatia sold ~26,623 shares at about $391, reducing his stake ~7.6% — investors may view this as modestly negative sentiment or simply diversification/liquidity. SEC Filing: Insider Sale (Manish H. Bhatia)

Insider Activity at Micron Technology

In related news, Director Steven J. Gomo sold 5,000 shares of the firm’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $263.63, for a total value of $1,318,150.00. Following the transaction, the director owned 19,139 shares of the company’s stock, valued at approximately $5,045,614.57. This trade represents a 20.71% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Teyin M. Liu purchased 11,600 shares of the business’s stock in a transaction on Wednesday, January 14th. The shares were bought at an average price of $337.22 per share, with a total value of $3,911,752.00. Following the purchase, the director directly owned 25,910 shares in the company, valued at approximately $8,737,370.20. The trade was a 81.06% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 209,623 shares of company stock valued at $53,066,945 over the last quarter. 0.24% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several equities analysts recently issued reports on the stock. JPMorgan Chase & Co. boosted their target price on shares of Micron Technology from $220.00 to $350.00 and gave the company an “overweight” rating in a report on Thursday, December 18th. William Blair initiated coverage on Micron Technology in a research report on Thursday, January 22nd. They issued an “outperform” rating for the company. Wells Fargo & Company boosted their price objective on Micron Technology from $335.00 to $410.00 and gave the company an “overweight” rating in a research note on Thursday, January 15th. UBS Group raised their target price on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Wednesday, January 7th. Finally, Citigroup lifted their target price on Micron Technology from $330.00 to $385.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Four equities 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 stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and a consensus target price of $346.66.

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.