Micron Technology (NASDAQ:MU) Stock Acquired Rep. Josh Gottheimer

Posted by Linda Flegge on Jun 5th, 2026

Representative Josh Gottheimer (Democratic-New Jersey) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on June 03rd, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on May 21st. The trade occurred in the Representative’s “MORGAN STANLEY – SELECT UMA ACCOUNT # 1” account.

Representative Josh Gottheimer also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Abbott Laboratories (NYSE:ABT) on 5/27/2026.
Purchased $1,001 – $15,000 in shares of Lumentum (NASDAQ:LITE) on 5/22/2026.
Sold $1,001 – $15,000 in shares of Intuit (NASDAQ:INTU) on 5/22/2026.
Purchased $1,001 – $15,000 in shares of Analog Devices (NASDAQ:ADI) on 5/19/2026.
Sold $1,001 – $15,000 in shares of Tri Pointe Homes (NYSE:TPH) on 5/15/2026.
Purchased $1,001 – $15,000 in shares of Palo Alto Networks (NASDAQ:PANW) on 5/14/2026.
Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 5/14/2026.
Purchased $1,001 – $15,000 in shares of Sandisk (NASDAQ:SNDK) on 5/7/2026.
Sold $1,001 – $15,000 in shares of Nestle (OTCMKTS:NSRGY) on 5/5/2026.
Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 5/5/2026.

Micron Technology Stock Performance

MU opened at $996.00 on Friday. The business’s 50-day moving average price is $607.64 and its two-hundred day moving average price is $434.99. Micron Technology, Inc. has a 1 year low of $103.38 and a 1 year high of $1,089.29. The company has a market capitalization of $1.12 trillion, a price-to-earnings ratio of 47.03 and a beta of 2.16. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.

Micron Technology (NASDAQ:MU – Get Free Report) last released its earnings results on Wednesday, March 18th. The semiconductor manufacturer reported $12.20 EPS for the quarter, beating the consensus estimate of $9.19 by $3.01. Micron Technology had a return on equity of 41.16% and a net margin of 41.49%.The firm had revenue of $23.86 billion for the quarter, compared to analysts’ expectations of $19.97 billion. During the same quarter in the previous year, the business posted $1.56 EPS. The business’s quarterly revenue was up 196 compared to the same quarter last year. Equities analysts expect that Micron Technology, Inc. will post 58.62 EPS for the current fiscal year.

Micron Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a dividend of $0.15 per share. This is a boost from Micron Technology’s previous quarterly dividend of $0.12. The ex-dividend date was Monday, March 30th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 2.83%.

Insiders Place Their Bets

In other Micron Technology news, EVP April S. Arnzen sold 40,000 shares of the business’s stock in a transaction that occurred on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president directly owned 125,737 shares of the company’s stock, valued at approximately $43,679,776.43. The trade was a 24.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Sumit Sadana sold 24,000 shares of the stock in a transaction that occurred on Friday, April 10th. The stock was sold at an average price of $421.35, for a total value of $10,112,400.00. Following the transaction, the executive vice president owned 224,021 shares in the company, valued at $94,391,248.35. The trade was a 9.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 146,000 shares of company stock valued at $85,486,715. Company insiders own 0.24% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on MU shares. The Goldman Sachs Group lifted their target price on Micron Technology from $360.00 to $400.00 and gave the company a “neutral” rating in a research report on Thursday, March 19th. TD Cowen increased their price objective on shares of Micron Technology from $550.00 to $660.00 and gave the company a “buy” rating in a research report on Tuesday, April 28th. Rosenblatt Securities reissued a “buy” rating and set a $500.00 price target on shares of Micron Technology in a report on Monday, March 16th. Wells Fargo & Company boosted their target price on shares of Micron Technology from $470.00 to $550.00 and gave the company an “overweight” rating in a research report on Thursday, March 19th. Finally, Needham & Company LLC increased their price target on Micron Technology from $450.00 to $500.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and four have issued a Hold rating to the stock. Based on data from MarketBeat.com, Micron Technology currently has a consensus rating of “Buy” and an average price target of $641.97.

Read Our Latest Stock Analysis on Micron Technology

Key Micron Technology News

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

Positive Sentiment: Micron continues to benefit from strong AI and high-bandwidth memory demand, with multiple recent articles highlighting bullish analyst upgrades, rising price targets, and long-term supply agreements that could support earnings and margins. Micron, Marvell, and Broadcom lead chipmakers’ premarket losses
Positive Sentiment: Micron’s huge year-to-date run and recent record highs have drawn attention from traders and strategists who argue the stock may still have upside because memory supply remains tight. Strategist Defends Semiconductor Rally Despite Bubble Fears
Neutral Sentiment: Recent coverage also notes unusually high trading interest in Micron-linked ETFs and leveraged products, reflecting speculation and momentum rather than a change in fundamentals. Investor Turned $258K to $3M This Year Using This Micron ETF
Negative Sentiment: Today’s decline appears tied to a broader semiconductor selloff after Broadcom’s weaker AI outlook raised concerns that AI spending growth may be normalizing, not accelerating indefinitely. Why Is Micron Stock Falling Today? A New Warning Points to an Early Peak.
Negative Sentiment: Some analysts are warning that memory-chip prices may be nearing a peak, which could limit upside if supply improves or pricing power weakens after the recent surge. Micron Stock Drops, Brace for the Memory-Price Peak

Institutional Investors Weigh In On Micron Technology

A number of hedge funds and other institutional investors have recently bought and sold shares of MU. Brighton Jones LLC grew its holdings in shares of Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock worth $532,000 after purchasing an additional 976 shares during the last quarter. Sivia Capital Partners LLC increased its position in Micron Technology by 21.7% during the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer’s stock valued at $435,000 after purchasing an additional 628 shares during the period. United Bank bought a new position in Micron Technology during the 2nd quarter worth approximately $236,000. Schnieders Capital Management LLC. raised its stake in Micron Technology by 67.9% during the second quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock worth $2,093,000 after buying an additional 6,867 shares during the last quarter. Finally, Sei Investments Co. lifted its stake in shares of Micron Technology by 5.6% in the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer’s stock valued at $49,987,000 after purchasing an additional 21,619 shares during the period. Institutional investors own 80.84% of the company’s stock.

About Representative Gottheimer

Josh Gottheimer (Democratic Party) is a member of the U.S. House, representing New Jersey’s 5th Congressional District. He assumed office on January 3, 2017. His current term ends on January 3, 2027.

Gottheimer (Democratic Party) is running for re-election to the U.S. House to represent New Jersey’s 5th Congressional District. He declared candidacy for the 2026 election.

Gottheimer is also running for election for Governor of New Jersey. He declared candidacy for the Democratic primary scheduled on June 10, 2025.

Gottheimer attended the University of Pennsylvania for his undergraduate degree. He became a Thouron Fellow at Oxford and attended Harvard Law School. Gottheimer worked as a speech writer under former President Bill Clinton (D), assisting with two State of the Union addresses, among other projects. Before running for Congress, he worked for Microsoft as a general manager for corporate strategy.

Micron Technology Company Profile

(Get Free Report)

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.