Micron Technology (NASDAQ:MU) Shares Acquired by Rep. John McGuire

Representative John McGuire (Republican-Virginia) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on November 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on September 24th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 10/1/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/25/2026.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/18/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/18/2026.

Micron Technology Stock Down 5.8%

Shares of NASDAQ MU opened at $833.59 on Tuesday. The firm has a market capitalization of $943.14 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. Micron Technology, Inc. has a 1 year low of $192.59 and a 1 year high of $1,255.00. The firm’s 50-day moving average is $976.02 and its 200-day moving average is $747.00.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. The company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm’s quarterly revenue was up 379.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $3.03 EPS. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. Equities analysts expect that Micron Technology, Inc. will post 177.03 EPS for the current year.

Micron Technology Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th were paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology’s dividend payout ratio is 0.81%.

Insider Transactions at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 40,000 shares of the 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 transaction, the chief executive officer directly owned 264,503 shares of the company’s stock, valued at $256,276,956.70. This represents a 13.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of the stock in a transaction that occurred on Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the transaction, the insider owned 147,430 shares in the company, valued at approximately $132,687,000. This trade represents a 16.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 83,545 shares of company stock worth $78,460,850. 0.24% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MU has been the subject of several research analyst reports. Zacks Research upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, October 6th. Arete Research increased their target price on Micron Technology from $852.00 to $1,500.00 and gave the stock a “buy” rating in a report on Tuesday, July 21st. TD Cowen reissued a “buy” rating and issued a $1,600.00 price target on shares of Micron Technology in a research note on Thursday, October 1st. BMO Capital Markets restated an “outperform” rating on shares of Micron Technology in a report on Thursday, October 1st. Finally, Itau BBA Securities boosted their target price on Micron Technology from $1,243.78 to $1,697.09 and gave the company an “outperform” rating in a research note on Wednesday, July 22nd. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,407.88.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. United Advisor Group LLC increased its position in Micron Technology by 6.7% during the third quarter. United Advisor Group LLC now owns 5,649 shares of the semiconductor manufacturer’s stock worth $6,017,000 after buying an additional 354 shares during the last quarter. Plancorp LLC lifted its position in shares of Micron Technology by 2.3% in the third quarter. Plancorp LLC now owns 2,708 shares of the semiconductor manufacturer’s stock valued at $2,884,000 after buying an additional 62 shares during the last quarter. May Hill Capital LLC lifted its position in shares of Micron Technology by 10.4% in the third quarter. May Hill Capital LLC now owns 2,265 shares of the semiconductor manufacturer’s stock valued at $2,412,000 after buying an additional 214 shares during the last quarter. Waycross Partners LLC acquired a new stake in shares of Micron Technology in the third quarter valued at approximately $1,974,000. Finally, Kingstone Capital Partners Texas LLC bought a new position in shares of Micron Technology during the 3rd quarter worth approximately $747,000. 80.84% of the stock is currently owned by institutional investors.

Micron Technology News Roundup

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

• Positive Sentiment: Long-term AI demand remains a major support. SK hynix reported record results and said memory demand could exceed supply through 2030. Micron has secured 26 multiyear customer agreements covering more than 35% of projected revenue through 2030 and has worked with Nvidia on next-generation memory products. SK hynix Says Memory Demand Beats Supply Through 2030
• Positive Sentiment: Potential buybacks could provide support. Micron is reportedly expected to significantly increase share repurchases after federal Chips Act restrictions expire on Dec. 9, which could boost per-share earnings and signal management confidence. Micron Expected to Launch Massive Stock Buybacks in December
• Neutral Sentiment: Analyst sentiment remains broadly optimistic, with some analysts arguing Micron could rise substantially because its valuation appears low relative to expected fiscal 2027 earnings. However, the stock’s high beta and memory-market cyclicality make forecasts particularly sensitive to pricing and demand assumptions. Are Wall Street Analysts Predicting Micron Technology Stock Will Climb or Sink?
• Negative Sentiment: Kioxia’s cautious outlook triggered renewed selling across memory stocks. The warning raised concerns that the current memory shortage and elevated pricing may eventually ease, pressuring Micron’s earnings and margins. Micron Falls as Kioxia’s Cautious Outlook Hits Memory Stocks
• Negative Sentiment: Investors are questioning whether Micron has already peaked. Falling trading volume, lingering AI-spending concerns and the historical boom-and-bust nature of memory chips are weighing on sentiment. Some market commentators believe the stock has not yet fallen enough to become attractive. Micron Technology: Is This a Sign That Its Stock Has Already Peaked?

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.

John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.