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

Crossmark Global Holdings Inc. grew its position in Micron Technology, Inc. (NASDAQ:MU) by 8.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 233,046 shares of the semiconductor manufacturer’s stock after buying an additional 18,490 shares during the quarter. Micron Technology accounts for approximately 0.6% of Crossmark Global Holdings Inc.’s holdings, making the stock its 22nd biggest holding. 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 and other institutional investors have also made changes to their positions in MU. REAP Financial Group LLC purchased a new position in Micron Technology during the 3rd quarter valued at about $25,000. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Micron Technology in the third quarter valued at approximately $27,000. Howard Hughes Medical Institute purchased a new position in shares of Micron Technology during the 2nd quarter worth approximately $30,000. AlphaQuest LLC raised its position in shares of 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 purchasing an additional 265 shares during the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in shares of Micron Technology by 79.3% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 199 shares of the semiconductor manufacturer’s stock worth $33,000 after purchasing an additional 88 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In other news, Director Teyin M. Liu purchased 11,600 shares of the company’s stock in a transaction that occurred on Tuesday, January 13th. The shares were purchased at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the purchase, the director directly owned 14,310 shares of the company’s stock, valued at approximately $4,823,471.70. This represents a 428.04% increase in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, Director Steven J. Gomo sold 5,000 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the transaction, the director directly owned 19,139 shares of the company’s stock, valued at approximately $5,045,614.57. The trade was a 20.71% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have bought 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 insiders.

Trending Headlines about Micron Technology

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?

Micron Technology Trading Up 5.6%

NASDAQ MU opened at $400.77 on Thursday. 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 one year low of $61.54 and a one year high of $455.50. The company’s 50 day moving average price is $376.06 and its 200 day moving average price is $258.90. The firm has a market capitalization of $451.07 billion, a price-to-earnings ratio of 38.10 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $12.62 billion. During the same quarter in the previous year, the business posted $1.79 EPS. The business’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. On average, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th were issued 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 currently 4.37%.

Analysts Set New Price Targets

MU has been the subject of several recent research reports. JPMorgan Chase & Co. raised their price target on Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Raymond James Financial increased their price objective on Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a research note on Thursday, December 18th. KeyCorp lifted their price objective on Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research report on Tuesday, January 13th. Piper Sandler upped their target price on shares of Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Finally, TD Cowen raised their price target on shares of Micron Technology from $300.00 to $450.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Six research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $371.83.

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.