NorthCrest Asset Manangement LLC Has $8.17 Million Stake in Micron Technology, Inc. $MU

NorthCrest Asset Manangement LLC raised its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 10.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 43,974 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,294 shares during the period. NorthCrest Asset Manangement LLC’s holdings in Micron Technology were worth $8,165,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. grew its holdings in Micron Technology by 1.9% in the 2nd quarter. Vanguard Group Inc. now owns 103,879,662 shares of the semiconductor manufacturer’s stock valued at $12,803,168,000 after buying an additional 1,973,294 shares during the last quarter. State Street Corp boosted its position in shares of Micron Technology by 2.7% in the second quarter. State Street Corp now owns 51,373,591 shares of the semiconductor manufacturer’s stock valued at $6,331,795,000 after acquiring an additional 1,349,713 shares during the period. Geode Capital Management LLC increased its position in Micron Technology by 1.2% during the second quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock worth $3,152,974,000 after acquiring an additional 314,489 shares during the period. Norges Bank acquired a new position in Micron Technology during the 2nd quarter valued at $1,980,700,000. Finally, Invesco Ltd. boosted its holdings in Micron Technology by 3.2% in the 2nd quarter. Invesco Ltd. now owns 8,913,450 shares of the semiconductor manufacturer’s stock valued at $1,098,583,000 after purchasing an additional 277,507 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Micron Technology Stock Up 7.8%

MU opened at $362.75 on Monday. The firm has a market cap of $408.28 billion, a price-to-earnings ratio of 34.48, a PEG ratio of 0.22 and a beta of 1.50. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The firm’s 50-day simple moving average is $267.89 and its 200-day simple moving average is $192.79. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $365.81.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion for the quarter, compared to analyst estimates of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The company’s revenue for the quarter was up 56.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors 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 yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is currently 4.37%.

Micron Technology News Summary

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

• Positive Sentiment: Micron struck a deal to buy Powerchip’s Taiwan fabrication facility for $1.8 billion, a quick way to add capacity to meet booming AI-data-center demand; the move supports revenue growth but increases execution focus. Micron agrees $1.8bn deal to buy PSMC’s Taiwan fabrication facility
• Positive Sentiment: Company warnings that the DRAM shortage is “unprecedented” and will last beyond 2026 signal pricing power and multi-year demand tailwinds from AI data centers — supportive for margins and near-term earnings. Micron (MU) Warns DRAM Shortage Is Unprecedented as AI Data Center Demand Surges
• Positive Sentiment: An insider (director) recently bought about $3.9M of Micron shares — a bullish corporate-insider signal that can boost investor confidence. Micron Technology (NASDAQ:MU) Director Purchases $3,911,752.00 in Stock
• Positive Sentiment: Major sell-side support: Citi raised its price target to $385 and remains constructive, reflecting upbeat revenue and margin expectations from the new memory cycle. Why Citi Remains Bullish on Micron Technology, Inc. (MU)
• Neutral Sentiment: Several market pieces note Micron has already sold out AI-memory supply through 2026 and explain last year’s massive gains; this underlines execution momentum but raises questions about how much growth is already priced in. Why Micron Stock Skyrocketed 239.1% Last Year and Has Kept Rallying in 2026
• Neutral Sentiment: Commentary asks whether investors are too late after a >200% one-year surge — useful for sentiment monitoring but not a company-specific catalyst. Is It Too Late To Consider Micron Technology (MU) After 244% One-Year Surge?
• Negative Sentiment: Some analysts and coverage (Barron’s) flag market concerns around the Taiwan plant purchase — the deal increases capex/operational risk and could pressure near-term free cash flow if scale-up costs or execution issues arise. Micron to Buy Chip Plant for $1.8 Billion. Why That Raises Market Concerns.

Insider Buying and Selling

In related news, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction that occurred on Wednesday, January 14th. The shares were acquired at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the transaction, the director directly owned 25,910 shares in the company, valued at approximately $8,737,370.20. This represents a 81.06% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Scott J. Deboer sold 82,000 shares of the firm’s stock in a transaction dated Monday, October 27th. The shares were sold at an average price of $222.81, for a total transaction of $18,270,420.00. Following the completion of the sale, the executive vice president owned 154,145 shares of the company’s stock, valued at $34,345,047.45. The trade was a 34.72% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 307,261 shares of company stock valued at $69,906,762. Insiders own 0.24% of the company’s stock.

Analyst Ratings Changes

MU has been the topic of several research reports. BNP Paribas upgraded shares of Micron Technology from a “strong sell” rating to a “strong-buy” rating in a report on Monday, October 13th. Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 23rd. Bank of America upped their price target on Micron Technology from $300.00 to $400.00 and gave the company a “buy” rating in a report on Tuesday, January 13th. KGI Securities upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, September 24th. Finally, Cantor Fitzgerald boosted their price objective on Micron Technology from $350.00 to $450.00 and gave the company an “overweight” rating in a research report on Wednesday, January 14th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Buy” and an average target price of $326.66.

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.