Sen. John Fetterman Buys Micron Technology, Inc. (NASDAQ:MU) Stock

Senator John Fetterman (Democratic-Pennsylvania) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on April 03rd, the Senator disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on March 30th.

Senator John Fetterman also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 3/30/2026.
  • Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/30/2026.
  • Purchased $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 3/30/2026.
  • Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/30/2026.
  • Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 3/27/2026.
  • Purchased $1,001 – $15,000 in shares of Erie Indemnity (NASDAQ:ERIE) on 3/27/2026.

Micron Technology Stock Performance

MU stock opened at $377.76 on Tuesday. The company has a current ratio of 2.90, a quick ratio of 2.32 and a debt-to-equity ratio of 0.13. The firm has a market cap of $426.01 billion, a P/E ratio of 17.84 and a beta of 1.60. Micron Technology, Inc. has a 12-month low of $61.54 and a 12-month high of $471.34. The stock’s 50 day simple moving average is $402.88 and its 200 day simple moving average is $302.37.

Micron Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. The ex-dividend date of this dividend is Monday, March 30th. This represents a $0.60 annualized dividend and a dividend yield of 0.2%. This is an increase from Micron Technology’s previous quarterly dividend of $0.12. Micron Technology’s dividend payout ratio is currently 2.83%.

More Micron Technology News

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

Insider Buying and Selling

In other news, EVP Manish H. Bhatia sold 26,623 shares of Micron Technology stock in a transaction dated Thursday, January 22nd. The stock was sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the sale, the executive vice president directly owned 323,486 shares in the company, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Teyin M. Liu purchased 11,600 shares of Micron Technology stock in a transaction dated Tuesday, January 13th. The shares were purchased at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the acquisition, the director owned 14,310 shares in the company, valued at $4,823,471.70. The trade was a 428.04% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last quarter, insiders have acquired 23,200 shares of company stock worth $7,821,723 and have sold 91,623 shares worth $35,053,508. 0.24% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Brighton Jones LLC boosted its position in shares of Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer’s stock valued at $532,000 after purchasing an additional 976 shares during the period. Sivia Capital Partners LLC boosted its position in shares of Micron Technology by 21.7% in 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 acquired a new position in shares of Micron Technology in the 2nd quarter valued at $236,000. Schnieders Capital Management LLC. boosted its position in shares of Micron Technology by 67.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer’s stock valued at $2,093,000 after purchasing an additional 6,867 shares during the period. Finally, Smith Moore & CO. acquired a new position in shares of Micron Technology in the 2nd quarter valued at $219,000. Institutional investors own 80.84% of the company’s stock.

Wall Street Analyst Weigh In

MU has been the topic of several analyst reports. Citigroup dropped their target price on Micron Technology from $510.00 to $425.00 and set a “buy” rating on the stock in a research report on Tuesday, March 31st. Erste Group Bank lowered Micron Technology from a “buy” rating to a “hold” rating in a research report on Thursday, April 2nd. Susquehanna increased their target price on Micron Technology from $345.00 to $525.00 and gave the stock a “positive” rating in a research report on Monday, March 9th. Piper Sandler raised their price target on Micron Technology from $275.00 to $400.00 and gave the company an “overweight” rating in a report on Wednesday, January 7th. Finally, Wedbush raised their price target on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, Micron Technology currently has a consensus rating of “Buy” and an average target price of $463.71.

Get Our Latest Analysis on Micron Technology

About Senator Fetterman

John Fetterman (Democratic Party) is a member of the U.S. Senate from Pennsylvania. He assumed office on January 3, 2023. His current term ends on January 3, 2029.

Fetterman (Democratic Party) ran for election to the U.S. Senate to represent Pennsylvania. He won in the general election on November 8, 2022.

In his role as lieutenant governor, Fetterman served as president of the Senate. He ran on a joint ticket with the gubernatorial nominee, Tom Wolf (D).

Fetterman was a 2016 Democratic candidate who sought election to the U.S. Senate from Pennsylvania. He was defeated by Katie McGinty in the Democratic primary. He served as mayor of Braddock, Pennsylvania, from 2005 to 2019; he won his first term by one vote.

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.

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