Crossmark Global Holdings Inc. Grows Holdings in Micron Technology, Inc. $MU

Crossmark Global Holdings Inc. raised its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 8.6% during the third quarter, HoldingsChannel reports. The fund owned 233,046 shares of the semiconductor manufacturer’s stock after acquiring an additional 18,490 shares during the quarter. Micron Technology comprises approximately 0.6% of Crossmark Global Holdings Inc.’s holdings, making the stock its 22nd largest position. Crossmark Global Holdings Inc.’s holdings in Micron Technology were worth $38,993,000 at the end of the most recent quarter.

Several other hedge funds also recently added to or reduced their stakes in MU. REAP Financial Group LLC bought a new position in shares of Micron Technology during the third quarter worth about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in Micron Technology during the third quarter valued at approximately $27,000. Howard Hughes Medical Institute acquired a new stake in Micron Technology during the second quarter valued at approximately $30,000. AlphaQuest LLC lifted its holdings in Micron Technology by 13,250.0% during the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 265 shares during the last quarter. Finally, Cullen Frost Bankers Inc. grew its position 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 acquiring an additional 88 shares in the last quarter. 80.84% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on MU. Bank of America raised their price objective on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, January 13th. Weiss Ratings restated a “buy (b-)” rating on shares of Micron Technology in a research report on Thursday, January 29th. TD Cowen boosted their price objective on shares of Micron Technology from $300.00 to $450.00 and gave the company a “buy” rating in a research report on Tuesday, January 20th. KeyCorp increased their price objective on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Finally, Stifel Nicolaus lifted their target price on Micron Technology from $360.00 to $550.00 and gave the company a “buy” rating in a research note on Monday. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Buy” and an average target price of $371.83.

Insider Activity

In other news, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction on Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the transaction, the executive vice president directly owned 165,618 shares in the company, valued at approximately $45,891,091.62. This trade represents a 8.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Sumit Sadana sold 25,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $429.89, for a total value of $10,747,250.00. Following the transaction, the executive vice president directly owned 248,021 shares of the company’s stock, valued at $106,621,747.69. This represents a 9.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders purchased 23,200 shares of company stock worth $7,821,723 and sold 73,623 shares worth $27,307,408. Company insiders own 0.24% of the company’s stock.

Micron Technology Trading Up 5.6%

Shares of MU stock opened at $400.77 on Thursday. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The firm has a market capitalization of $451.07 billion, a PE ratio of 38.10 and a beta of 1.50. The stock has a fifty day moving average of $376.06 and a two-hundred day moving average of $258.90. 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 posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, topping the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter in the prior year, the company posted $1.79 earnings per share. The company’s quarterly revenue was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, research analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio is 4.37%.

Key Micron Technology News

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

• Positive Sentiment: Company strategy & guidance: Management portrays a structural AI memory supercycle (sold‑out HBM through 2026), plans ~$20B of FY2026 capex and is guiding toward exceptionally strong margins—this narrative is the primary bullish thesis lifting MU.
• Positive Sentiment: Product milestone — Micron has begun shipping customer samples of the industry’s highest‑capacity 256GB LPDRAM SOCAMM2 for data centers, a clear revenue and differentiation catalyst for AI/data‑center demand. Micron Sets New Benchmark With the World’s First High-Capacity 256GB LPDRAM
• Positive Sentiment: Capacity & diversification: Micron opened an assembly/test facility in India (Sanand, Gujarat) to scale output and diversify production—important for supply reliability as AI demand rises. Micron’s India Plant Opens New Chapter In AI Memory Capacity
• Positive Sentiment: Analyst/upside momentum: Brokers have been lifting targets and forecasts (including street‑high targets cited recently), reinforcing bullish sentiment into earnings and expanding the base of institutional buyers. Micron Gets Street High $550 Price Target Ahead of Earnings
• Neutral Sentiment: ETF flows/context: MU is a notable holding in broad semiconductor ETFs (SOXX) and concentrated funds (SMH), so sector rotation and ETF reallocations can amplify moves in MU without reflecting company‑specific news. The $650 Billion AI Surge Is Here—2 Semiconductor ETFs to Play It
• Neutral Sentiment: Options/derivatives activity: Recent sharp pullbacks expanded put premiums, creating high‑yield short‑put opportunities that some investors view as a way to gain exposure or express bullish/neutral views on MU. Micron Technology Short-Put Plays Have Huge Yields – Attractive To Value Investors
• Negative Sentiment: Geopolitical & market risk: Recent broad selloffs tied to the Iran conflict and other macro shocks hit memory stocks hard, driving earlier steep intraday declines and elevated volatility—these risks still pose downside tail risk. The Iran Conflict Is Hitting Stocks Across the World
• Negative Sentiment: Short‑term pullbacks: Analysts and coverage note MU recently suffered outsized drops vs. the market; profit‑taking and headline risk can trigger sharp intra‑day reversals despite strong fundamentals. Micron and other memory stocks see outsized losses. What’s behind the big moves?

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.