Legacy Capital Group California Inc. Increases Stock Holdings in Micron Technology, Inc. $MU

Legacy Capital Group California Inc. boosted its position in shares of Micron Technology, Inc. (NASDAQ:MU) by 238.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 10,124 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,134 shares during the period. Legacy Capital Group California Inc.’s holdings in Micron Technology were worth $1,694,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. Sunpointe LLC boosted its stake in Micron Technology by 1.3% during the third quarter. Sunpointe LLC now owns 4,011 shares of the semiconductor manufacturer’s stock valued at $671,000 after buying an additional 53 shares during the period. LOM Asset Management Ltd grew its stake in Micron Technology by 21.0% in the 3rd quarter. LOM Asset Management Ltd now owns 10,612 shares of the semiconductor manufacturer’s stock worth $1,776,000 after buying an additional 1,845 shares in the last quarter. Barclays PLC raised its position in shares of Micron Technology by 3.3% during the 3rd quarter. Barclays PLC now owns 6,796,268 shares of the semiconductor manufacturer’s stock valued at $1,137,152,000 after buying an additional 215,540 shares in the last quarter. Perennial Investment Advisors LLC increased its stake in Micron Technology by 22.8% in the third quarter. Perennial Investment Advisors LLC now owns 4,064 shares of the semiconductor manufacturer’s stock valued at $680,000 after acquiring an additional 755 shares during the last quarter. Finally, Crossmark Global Holdings Inc. boosted its holdings in shares of Micron Technology by 8.6% in the 3rd quarter. Crossmark Global Holdings Inc. now owns 233,046 shares of the semiconductor manufacturer’s stock worth $38,993,000 after purchasing an additional 18,490 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: Micron began shipping customer samples of its 256GB SOCAMM2 LPDDR5X AI server memory module — its highest?capacity, power?efficient AI DRAM — which should support higher ASPs and stronger AI?server content per box. How Micron’s New 256GB AI Server Memory and India Ramp-Up Will Impact Micron Technology (MU) Investors
• Positive Sentiment: Micron opened and is ramping an advanced assembly & test facility in Sanand, India, expanding global manufacturing footprint to meet AI memory demand and diversify supply chains. Micron Technology, Inc. (MU) Announces the Grand Opening of its Semiconductor Assembly and Test Facility in Sanand, Gujarat, India
• Positive Sentiment: Analysts and research pieces highlight Micron’s AI memory “moat”: HBM tightness, sold?out 2026 HBM capacity, and guidance that implies very strong margins — supporting upside to earnings expectations. Micron’s New Moat: The AI Memory Supercycle
• Positive Sentiment: Earnings?estimate revisions and momentum scores are improving, with multiple outlets flagging MU as a long?term/momentum buy given AI demand and recent beat-and-raise results. This supports medium-term bullish case. Earnings Estimates Rising for Micron (MU): Will It Gain?
• Neutral Sentiment: Technical and trading commentary notes MU approaching its 50?day moving average and offering potential buy points on a rebound; useful for traders but not a fundamental driver. Micron’s Setup Sweetens Despite The Current Market Meltdown
• Neutral Sentiment: Mentions in ETF and options strategy pieces (e.g., VLUE holding, short?put yield ideas) increase investor attention and liquidity but are sideways with respect to immediate fundamentals. Worried About Volatility? These 3 ETFs Have You Covered
• Negative Sentiment: Today’s decline is driven largely by weakness in South Korean memory peers (Samsung, SK Hynix) and a sectorwide selloff; contagion from those losses pressures MU despite company?specific positives. Micron stock falls as weakness hits global memory sector
• Negative Sentiment: Broader risk?off drivers — geopolitical tensions (Iran conflict) and macro data/events (investors awaiting February jobs report) — are depressing tech and cyclical names, adding downward pressure on MU. What Is Going On With Micron Tech Stock In Friday Premarket?

Insider Activity

In other news, CAO Scott R. Allen sold 2,000 shares of the business’s stock in a transaction on Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer owned 38,237 shares in the company, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president directly owned 248,021 shares in the company, valued at $106,621,747.69. This represents a 9.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last quarter, insiders have purchased 23,200 shares of company stock worth $7,821,723 and have sold 73,623 shares worth $27,307,408. Corporate insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

MU has been the topic of a number of research reports. Citigroup raised their price objective on Micron Technology from $330.00 to $385.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Royal Bank Of Canada started coverage on shares of Micron Technology in a research note on Thursday, January 15th. They issued an “outperform” rating and a $425.00 price objective for the company. UBS Group upped their price target on shares of Micron Technology to $475.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft raised their price target on Micron Technology from $200.00 to $280.00 and gave the stock a “buy” rating in a research report on Tuesday, December 9th. Finally, Wolfe Research increased their price target on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Six analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Micron Technology currently has an average rating of “Buy” and an average target price of $371.83.

Micron Technology Trading Down 6.7%

Shares of MU opened at $370.30 on Friday. 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 $416.78 billion, a price-to-earnings ratio of 35.20 and a beta of 1.50. The firm’s 50-day moving average price is $379.98 and its 200-day moving average price is $261.57. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19.

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

Micron Technology Dividend Announcement

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

Micron Technology Company 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.