Micron Technology (NASDAQ:MU) CEO Sells 40,000 Shares

Micron Technology, Inc. (NASDAQ:MU) CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction dated Friday, August 21st. The shares were sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the transaction, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this link.

Sanjay Mehrotra also recently made the following trade(s):

• On Friday, July 24th, Sanjay Mehrotra sold 31,285 shares of Micron Technology stock. The shares were sold at an average price of $926.83, for a total transaction of $28,995,876.55.
• On Friday, July 24th, Sanjay Mehrotra sold 8,715 shares of Micron Technology stock. The stock was sold at an average price of $951.72, for a total transaction of $8,294,239.80.
• On Friday, June 26th, Sanjay Mehrotra sold 28,506 shares of Micron Technology stock. The shares were sold at an average price of $1,149.28, for a total transaction of $32,761,375.68.
• On Friday, June 26th, Sanjay Mehrotra sold 11,494 shares of Micron Technology stock. The stock was sold at an average price of $1,180.96, for a total transaction of $13,573,954.24.
• On Friday, May 29th, Sanjay Mehrotra sold 37,439 shares of Micron Technology stock. The stock was sold at an average price of $960.38, for a total transaction of $35,955,666.82.
• On Friday, May 29th, Sanjay Mehrotra sold 2,561 shares of Micron Technology stock. The shares were sold at an average price of $975.63, for a total value of $2,498,588.43.

Micron Technology Stock Up 2.5%

Shares of NASDAQ:MU traded up $22.54 on Tuesday, hitting $932.97. 19,050,339 shares of the company’s stock were exchanged, compared to its average volume of 38,349,608. Micron Technology, Inc. has a 1-year low of $114.25 and a 1-year high of $1,255.00. The company has a market capitalization of $1.05 trillion, a PE ratio of 21.12 and a beta of 2.18. The company has a debt-to-equity ratio of 0.05, a quick ratio of 2.98 and a current ratio of 3.42. The firm’s 50-day moving average is $961.71 and its 200 day moving average is $705.45.

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

Micron Technology Announces Dividend

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

Hedge Funds Weigh In On Micron Technology

Several institutional investors and hedge funds have recently added to or reduced their stakes in MU. Montgomery Financial Services LLC acquired a new position in shares of Micron Technology during the 2nd quarter worth $38,000. JNBA Financial Advisors lifted its stake in shares of Micron Technology by 77.3% in the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after purchasing an additional 17 shares during the period. Ramsey Quantitative Systems purchased a new stake in Micron Technology during the second quarter worth about $46,000. RHL Group LLC acquired a new position in Micron Technology during the second quarter worth about $47,000. Finally, Philadelphia Investment Partners LLC purchased a new position in Micron Technology in the second quarter valued at about $54,000. Institutional investors and hedge funds own 80.84% of the company’s stock.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Memory prices are expected to rise substantially this quarter, with some reports pointing to increases of as much as 50%. A shortage of DRAM and high-bandwidth memory (HBM), driven by AI data-center demand, supports Micron’s pricing power and margins. Why Micron Will Miss Out on a 50% Rise in Memory Prices
• Positive Sentiment: Analyst sentiment remains bullish. BMO initiated coverage with an “outperform” rating and a $1,300 target, while Mizuho retained “outperform” after reducing its target from $1,375 to $1,300. The target reductions temper enthusiasm slightly, but still imply substantial upside from the reference price. Finance giant sets aggressive Micron stock target after earnings
• Positive Sentiment: Commentary continues to support the long-term AI memory thesis. Micron’s recent quarterly results showed revenue of approximately $41.5 billion, up more than 345% year over year, while long-term supply agreements provide demand visibility amid constrained capacity. Micron Technology Stock Opinions on Q3 Earnings and AI Demand Strength
• Neutral Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship pipeline, supporting the workforce needed for its planned U.S. manufacturing expansion. The initiative is strategically positive but unlikely to materially affect near-term earnings. Micron Opens State-of-the-Art Training Center
• Negative Sentiment: Investors remain concerned that Micron’s long-term contracts could limit its ability to fully capture a potential memory-price surge. The stock has also experienced a large rally, increasing valuation and profit-taking risks. Micron’s Long-Term Contracts Cap Memory-Boom Upside
• Negative Sentiment: Competitive and sector risks remain: reports that Apple could source memory from Chinese suppliers, a potential IPO by Chinese rival YMTC and broad semiconductor weakness pressured MU recently. Micron insiders have also reported selling shares without purchases, a potential confidence signal that investors may monitor. Why Are Micron, SK Hynix and SanDisk Stocks Falling?

Wall Street Analysts Forecast Growth

A number of research firms have recently commented on MU. Wedbush lifted their target price on Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Thursday, June 25th. New Street Research raised Micron Technology from a “neutral” rating to a “buy” rating and set a $1,250.00 price objective for the company in a report on Friday, August 14th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,500.00 price target on shares of Micron Technology in a research report on Thursday, June 25th. Stifel Nicolaus increased their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the stock a “buy” rating in a research note on Thursday, June 18th. Finally, UBS Group restated a “buy” rating on shares of Micron Technology in a research note on Monday, August 10th. Four research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, Micron Technology presently has an average rating of “Buy” and an average target price of $1,258.84.

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.