Micron Technology Shares Sold by Argent Trust Co

Institutional investor reduces stake in semiconductor manufacturer

Published on Feb. 28, 2026

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Argent Trust Co, an institutional investor, reduced its stake in shares of Micron Technology, Inc. (NASDAQ:MU) by 8.7% in the 3rd quarter, according to the company's recent 13F filing with the Securities and Exchange Commission (SEC). The investor now owns 49,552 shares of the semiconductor manufacturer's stock, valued at $8,291,000.

Why it matters

Micron Technology is a major player in the semiconductor industry, producing memory and storage solutions for a wide range of computing and electronic devices. Institutional investors' trading activity in Micron's stock can provide insights into market sentiment and the overall performance of the company.

The details

Argent Trust Co sold 4,730 shares of Micron Technology, reducing its total stake by 8.7%. The institutional investor now holds 49,552 shares of the semiconductor manufacturer's stock, which was valued at $8,291,000 at the end of the most recent quarter.

  • Argent Trust Co reduced its stake in Micron Technology in the 3rd quarter of 2026.

The players

Argent Trust Co

An institutional investor that reduced its stake in Micron Technology, Inc.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions.

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The takeaway

The reduction in Argent Trust Co's stake in Micron Technology suggests that the institutional investor may have concerns about the semiconductor manufacturer's performance or the broader market conditions. However, Micron Technology remains a major player in the industry, and its stock performance will continue to be closely watched by investors and analysts.