Micron Technology (NASDAQ:MU) CEO Sanjay Mehrotra Sells 28,506 Shares

Micron Technology, Inc. (NASDAQ:MU) CEO Sanjay Mehrotra sold 28,506 shares of the stock in a transaction on Friday, June 26th. The shares were sold at an average price of $1,149.28, for a total transaction of $32,761,375.68. Following the completion of the sale, the chief executive officer directly owned 355,997 shares in the company, valued at approximately $409,140,232.16. This represents a 7.41% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website.

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

• 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.
• On Friday, May 1st, Sanjay Mehrotra sold 40,000 shares of Micron Technology stock. The shares were sold at an average price of $536.26, for a total value of $21,450,400.00.

Micron Technology Trading Up 0.8%

Shares of NASDAQ MU traded up $9.01 during midday trading on Tuesday, hitting $1,154.29. The company’s stock had a trading volume of 40,602,789 shares, compared to its average volume of 55,873,344. Micron Technology, Inc. has a 12-month low of $103.38 and a 12-month high of $1,255.00. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The firm has a market cap of $1.30 trillion, a P/E ratio of 26.13 and a beta of 2.16. The business’s 50 day moving average is $830.98 and its two-hundred day moving average is $532.90.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 EPS for the quarter, beating the consensus estimate of $21.39 by $3.72. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. During the same quarter in the prior year, the company posted $1.91 EPS. Micron Technology’s quarterly revenue was up 345.8% on a year-over-year basis. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 71.74 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th will be issued a dividend of $0.15 per share. The ex-dividend date is Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 1.36%.

Micron Technology News Summary

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

• Positive Sentiment: Analysts and writers say Micron’s strategic customer agreements, long-term supply deals, and AI-related memory demand are reducing cyclicality and supporting higher earnings visibility. Micron: This Cycle Is Different
• Positive Sentiment: Recent coverage highlighted Micron’s record quarter, with revenue and EPS far above expectations and guidance that points to continued strength in DRAM and NAND pricing. What’s Next for Micron Stock After Best Ever Quarter
• Positive Sentiment: Wall Street sentiment remains upbeat, with multiple bullish notes and higher price targets as analysts see continued upside from AI capex and tighter memory supply. Surging Earnings Estimates Signal Upside for Micron (MU) Stock
• Neutral Sentiment: Micron announced a $250 million investment in “Trump Accounts” for children and families, which is mainly a corporate philanthropy and workforce-development story rather than a direct operating catalyst. Micron Announces $250 Million Investment in Trump Accounts Reaching 1 Million Children, Families and the Future Workforce
• Negative Sentiment: A class-action lawsuit alleging DRAM price-fixing among Micron, Samsung, and SK Hynix is creating headline risk, even though many investors view the claims as tied to normal supply-demand dynamics. Micron and Other Memory Makers Are Being Sued Over Price Fixing Claims. This Is Nothing More Than Headline Risk for MU Stock.
• Negative Sentiment: Some traders are warning that after Micron’s huge year-to-date rally, the stock may be vulnerable to a pullback if AI enthusiasm cools or if supply growth catches up. Why Micron Technology’s Stock Could Fall After July 10

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Wolfe Research set a $1,500.00 price objective on Micron Technology in a research report on Thursday, June 25th. Cantor Fitzgerald reiterated an “overweight” rating and issued a $1,500.00 price target on shares of Micron Technology in a report on Thursday, June 25th. Sanford C. Bernstein set a $1,300.00 price objective on Micron Technology in a report on Monday, June 22nd. Wedbush boosted their price target on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, June 25th. Finally, Barclays upped their price objective on Micron Technology from $1,175.00 to $2,000.00 and gave the stock an “overweight” rating in a research report on Thursday, June 25th. Five investment analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Buy” and an average target price of $1,263.76.

Institutional Trading of Micron Technology

A number of institutional investors and hedge funds have recently bought and sold shares of the business. High Note Wealth LLC raised its position in Micron Technology by 65.4% in the 4th quarter. High Note Wealth LLC now owns 86 shares of the semiconductor manufacturer’s stock valued at $25,000 after purchasing an additional 34 shares in the last quarter. Elevation Wealth Partners LLC raised its holdings in shares of Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares during the last quarter. Kohmann Bosshard Financial Services LLC acquired a new stake in Micron Technology during the 1st quarter worth approximately $27,000. Steigerwald Gordon & Koch Inc. lifted its holdings in shares of Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock worth $28,000 after purchasing an additional 96 shares during the period. Finally, Bayban purchased a new position in Micron Technology in the 4th quarter valued at $29,000. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

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.