Insider Selling: Micron Technology (NASDAQ:MU) Insider Sells $25,690,500.00 in Stock

Micron Technology, Inc. (NASDAQ:MU) insider Scott Deboer sold 28,545 shares of Micron Technology stock in a transaction on Friday, October 16th. The shares were 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 $132,687,000. This represents a 16.22% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Micron Technology Stock Down 1.0%

NASDAQ:MU traded down $8.83 during trading hours on Tuesday, hitting $896.07. 19,925,607 shares of the company’s stock traded hands, compared to its average volume of 26,852,182. The stock’s fifty day moving average price is $987.31 and its two-hundred day moving average price is $872.76. The firm has a market cap of $1.01 trillion, a P/E ratio of 12.10, a P/E/G ratio of 0.16 and a beta of 2.22. The company has a debt-to-equity ratio of 0.03, a quick ratio of 2.94 and a current ratio of 3.31. Micron Technology, Inc. has a twelve month low of $192.40 and a twelve month high of $1,255.00.

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

Micron Technology Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio is 0.81%.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on MU shares. Royal Bank Of Canada reaffirmed an “outperform” rating and set a $1,500.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. Mizuho increased their target price on shares of Micron Technology from $1,300.00 to $1,400.00 and gave the stock an “outperform” rating in a research report on Thursday, October 1st. Morgan Stanley reiterated an “overweight” rating and issued a $1,200.00 target price on shares of Micron Technology in a research report on Thursday, October 1st. William Blair set a $1,300.00 target price on shares of Micron Technology in a research note on Thursday, October 1st. Finally, Rosenblatt Securities restated a “buy” rating and set a $1,900.00 price target on shares of Micron Technology in a report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Institutional Investors Weigh In On Micron Technology

Several institutional investors have recently made changes to their positions in the company. Kohmann Bosshard Financial Services LLC acquired a new position in Micron Technology during the first quarter worth $27,000. Bullseye Investment Management LLC bought a new position in Micron Technology during the second quarter valued at about $27,000. Bayban acquired a new stake in shares of Micron Technology in the fourth quarter worth about $29,000. Aventus Investment Advisors Inc. acquired a new stake in shares of Micron Technology in the third quarter worth about $30,000. Finally, Steph & Co. acquired a new stake in shares of Micron Technology in the third quarter worth about $31,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Micron Technology News Summary

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

• Positive Sentiment: Micron announced funding for Indium Corporation’s critical-minerals and high-purity materials processing expansion in New York. The investment, part of Micron’s planned U.S. supply-chain spending of up to $3 billion, is intended to improve access to materials needed for advanced memory production and reduce exposure to overseas supply disruptions. Micron Invests in New York Critical Minerals Processing With Indium Corporation
• Positive Sentiment: Bullish analysts continue to point to tight memory supply, rising contract prices, strong AI-related demand and a potential share repurchase program. Recent results and guidance also showed substantial revenue and earnings growth, supporting the view that Micron’s memory upcycle could extend through 2027 and beyond. Micron Stock Moves Higher: What’s Going On?
• Positive Sentiment: Some investors view MU as attractively valued relative to its earnings potential, with Wall Street highlighting its strong September-quarter performance, elevated memory prices and multiyear customer commitments as reasons for further upside. The Best Trillion-Dollar Stock to Buy Right Now, According to Wall Street
• Neutral Sentiment: Micron is scheduled to host a technology webinar on October 21, which could provide additional details on its AI-memory roadmap, manufacturing plans and demand outlook. Micron to Host Technology Webinar on Oct. 21
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan plans to strike on October 22 over a bonus dispute. Because Taiwan is central to Micron’s DRAM production, investors are concerned about potential disruption, costs or shipment delays. Micron Union in Taiwan to Launch Strike
• Negative Sentiment: Memory stocks remain under pressure after a broader technology selloff revived fears that AI infrastructure spending and related valuations may be unsustainable. Investors are also questioning how long Micron’s unusually high profits can last as new capacity comes online and rivals respond. Micron Stock Falls Amid Three Warning Signals
• Negative Sentiment: China’s CXMT is progressing toward server-memory production, raising longer-term competitive and pricing concerns for Micron, particularly if Chinese suppliers expand despite export restrictions. Intel Versus Micron: Exposure to CXMT

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.