Micron Technology (NASDAQ:MU) Stock Bought Rep. Michael A. Rulli

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on June 25th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
• Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

Micron Technology Price Performance

Shares of MU traded up $0.79 during mid-day trading on Tuesday, hitting $861.79. The company’s stock had a trading volume of 12,246,121 shares, compared to its average volume of 45,436,480. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. Micron Technology, Inc. has a 1-year low of $113.46 and a 1-year high of $1,255.00. The firm has a market capitalization of $973.29 billion, a P/E ratio of 19.44 and a beta of 2.19. The firm has a 50-day simple moving average of $971.54 and a 200 day simple moving average of $664.13.

Micron Technology (NASDAQ:MU) last released its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to analysts’ expectations of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.Micron Technology’s revenue was up 345.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Analysts predict that Micron Technology, Inc. will post 72.93 EPS for the current fiscal year.

Micron Technology Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, July 21st. Stockholders of record on Monday, July 6th were issued a $0.15 dividend. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, July 6th. Micron Technology’s dividend payout ratio (DPR) is currently 1.36%.

Insider Activity at Micron Technology

In other news, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction dated Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the completion of the sale, the chief accounting officer owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Sanjay Mehrotra sold 37,439 shares of the stock in a transaction dated Friday, May 29th. The shares were sold at an average price of $960.38, for a total value of $35,955,666.82. Following the completion of the sale, the chief executive officer owned 387,064 shares of the company’s stock, valued at approximately $371,728,524.32. This trade represents a 8.82% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 162,179 shares of company stock worth $167,811,861. Company insiders own 0.24% of the company’s stock.

Hedge Funds Weigh In On Micron Technology

A number of institutional investors have recently modified their holdings of the company. Ramsey Quantitative Systems purchased a new stake in Micron Technology in the 2nd quarter valued at about $46,000. RHL Group LLC acquired a new stake in shares of Micron Technology in the second quarter worth approximately $47,000. Signature Resources Capital Management LLC grew its holdings in Micron Technology by 1,125.0% in the second quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer’s stock valued at $57,000 after purchasing an additional 45 shares during the period. Davis Capital Management grew its holdings in Micron Technology by 510.0% in the second quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer’s stock valued at $70,000 after purchasing an additional 51 shares during the period. Finally, Glynn Capital Management LLC increased its position in Micron Technology by 40.9% during the second quarter. Glynn Capital Management LLC now owns 62 shares of the semiconductor manufacturer’s stock worth $72,000 after purchasing an additional 18 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company’s stock.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: AI demand and tight HBM supply remain the primary catalysts. Nvidia’s apparent decision to reduce memory specifications for some upcoming Rubin Ultra/VR300 products could paradoxically increase demand for high-bandwidth memory by forcing broader use of HBM across systems. UBS believes the supply squeeze could produce a “structural reset” in Micron’s earnings power. Why Micron, SK Hynix could gain from Nvidia’s de-spec of Rubin Ultra?
• Positive Sentiment: Long-term visibility is improving. Strategic Customer Agreements reportedly lock in five-year volumes and prepayments, potentially covering about 20% of 2030 DRAM and one-third of NAND production. Analysts argue these contracts could reduce Micron’s traditional memory-cycle risk as AI infrastructure spending accelerates. Micron: How The Memory Supercycle Reaccelerates Right Now
• Positive Sentiment: Recent operating results support the bullish case. Micron’s latest quarter substantially exceeded expectations, with $41.46 billion in revenue and $25.11 in EPS, while analysts see further upside from an intensifying DRAM shortage through 2027. Micron Could Reclaim Its Previous Highs
• Neutral Sentiment: Analyst sentiment is divided. Mizuho expects the recent slump to be temporary, while bullish commentators see additional upside and continued market-share gains. However, Citigroup reduced its price target to $1,150, signaling more cautious expectations after the stock’s substantial advance. How Micron Stock Can Bust Out of Its Slump
• Negative Sentiment: Investors are concerned that the memory boom may be peaking. Micron has risen sharply this year, increasing valuation risk if DRAM and NAND price growth slows or AI capital spending loses momentum. Weakness in pricing trends reported by SK Hynix and Samsung reinforces those concerns. Micron Has Surged 207% This Year. Brace for a Steep Pullback.
• Negative Sentiment: Competitive risks remain. Apple has reportedly tested memory supplied by China’s ChangXin Memory Technologies, raising concerns about potential future pricing or share pressure, even though current AI demand is offsetting the issue. Micron Stock Gains Even as Apple Looks to China for Memory-Chip Supply

Analysts Set New Price Targets

Several research analysts have weighed in on MU shares. Wolfe Research set a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. Weiss Ratings reissued a “buy (b)” rating on shares of Micron Technology in a research note on Friday. Susquehanna upped their price target on Micron Technology from $1,750.00 to $2,000.00 and gave the stock a “positive” rating in a report on Thursday, June 25th. TD Cowen reaffirmed a “buy” rating on shares of Micron Technology in a report on Friday, July 10th. Finally, Rosenblatt Securities boosted their target price on Micron Technology from $1,200.00 to $1,500.00 and gave the stock a “buy” rating in a research report on Thursday, June 25th. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Buy” and a consensus target price of $1,260.31.

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

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.