Micron Technology (NASDAQ:MU) Stock Purchase Reported by Rep. John McGuire

Posted by Stanley Muller on Nov 3rd, 2026

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 October 1st. 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 9/25/2026.
Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/24/2026.
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 Price Performance

Micron Technology stock opened at $833.59 on Tuesday. The business’s 50-day simple moving average is $976.02 and its 200 day simple moving average is $747.00. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The stock has a market cap of $943.14 billion, a price-to-earnings ratio of 11.23, a P/E/G ratio of 0.17 and a beta of 2.22. Micron Technology, Inc. has a 12-month low of $192.59 and a 12-month high of $1,255.00.

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

Micron Technology Dividend Announcement

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

Analyst Ratings Changes

MU has been the subject of a number of recent research reports. Seaport Research Partners reissued a “buy” rating on shares of Micron Technology in a research note on Friday, August 14th. UBS Group reaffirmed a “buy” rating and issued a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a research note on Wednesday, September 23rd. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. ThinkEquity reiterated a “buy” rating on shares of Micron Technology in a research report on Monday, August 3rd. Finally, Sanford C. Bernstein reissued an “outperform” rating on shares of Micron Technology in a research note on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,407.88.

Check Out Our Latest Research Report on MU

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the sale, the chief executive officer directly owned 264,503 shares in the company, valued at $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Scott J. Deboer sold 28,545 shares of the firm’s stock in a transaction on Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the completion of the sale, the insider owned 147,430 shares of the company’s stock, valued at $132,687,000. The trade was a 16.22% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Micron Technology

Hedge funds and other institutional investors have recently made changes to their positions in the company. United Advisor Group LLC increased its holdings in shares of Micron Technology by 6.7% in the third quarter. United Advisor Group LLC now owns 5,649 shares of the semiconductor manufacturer’s stock worth $6,017,000 after acquiring an additional 354 shares in the last quarter. Plancorp LLC raised its holdings in Micron Technology by 2.3% during the third quarter. Plancorp LLC now owns 2,708 shares of the semiconductor manufacturer’s stock worth $2,884,000 after acquiring an additional 62 shares in the last quarter. May Hill Capital LLC increased its holdings in Micron Technology by 10.4% during the third quarter. May Hill Capital LLC now owns 2,265 shares of the semiconductor manufacturer’s stock worth $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 during the 3rd quarter worth about $1,974,000. Finally, Kingstone Capital Partners Texas LLC acquired a new position in Micron Technology in the 3rd quarter valued at $747,000. 80.84% of the stock is owned by institutional investors.

Key Stories Impacting Micron Technology

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.

About Micron Technology

(Get Free Report)

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.