Rep. Val T. Hoyle Sells Off Shares of Micron Technology, Inc. (NASDAQ:MU)

Representative Val T. Hoyle (D-Oregon) recently sold shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on September 23rd. The trade occurred in the Representative’s “FIDELITY ROLLOVER IRA” account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Marriott International (NASDAQ:MAR) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of H&R Block (NYSE:HRB) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of NIKE (NYSE:NKE) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Bank of New York Mellon (NYSE:BK) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Pentair (NYSE:PNR) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Heico (NYSE:HEI.A) on 9/23/2025.
• Sold $1,001 – $15,000 in shares of Target (NYSE:TGT) on 9/23/2025.

Micron Technology Stock Performance

Shares of Micron Technology stock opened at $181.60 on Monday. The company has a current ratio of 2.52, a quick ratio of 1.79 and a debt-to-equity ratio of 0.26. The business has a 50-day moving average price of $142.80 and a two-hundred day moving average price of $114.16. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $201.00. The company has a market cap of $203.84 billion, a P/E ratio of 23.93, a PEG ratio of 0.40 and a beta of 1.56.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share for the quarter, hitting analysts’ consensus estimates of $2.86. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The firm had revenue of $11.32 billion during the quarter, compared to the consensus estimate of $11.05 billion. During the same period last year, the business posted $1.18 EPS. The business’s revenue was up 46.1% compared to the same quarter last year. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. As a group, analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, October 21st. Investors of record on Friday, October 3rd will be issued a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Friday, October 3rd. Micron Technology’s dividend payout ratio is presently 6.06%.

Hedge Funds Weigh In On Micron Technology

Several large investors have recently added to or reduced their stakes in MU. Teamwork Financial Advisors LLC boosted its holdings in Micron Technology by 0.4% in the 3rd quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after purchasing an additional 53 shares during the period. 1620 Investment Advisors Inc. boosted its holdings in Micron Technology by 5.7% in the 3rd quarter. 1620 Investment Advisors Inc. now owns 1,467 shares of the semiconductor manufacturer’s stock valued at $245,000 after purchasing an additional 79 shares during the period. Central Valley Advisors LLC boosted its holdings in Micron Technology by 3.1% in the 3rd quarter. Central Valley Advisors LLC now owns 2,789 shares of the semiconductor manufacturer’s stock valued at $467,000 after purchasing an additional 83 shares during the period. Orrstown Financial Services Inc. lifted its holdings in shares of Micron Technology by 3.5% during the 3rd quarter. Orrstown Financial Services Inc. now owns 2,881 shares of the semiconductor manufacturer’s stock worth $482,000 after acquiring an additional 98 shares during the last quarter. Finally, 180 Wealth Advisors LLC lifted its holdings in shares of Micron Technology by 1.9% during the 2nd quarter. 180 Wealth Advisors LLC now owns 5,235 shares of the semiconductor manufacturer’s stock worth $645,000 after acquiring an additional 99 shares during the last quarter. Institutional investors own 80.84% of the company’s stock.

Insider Transactions at Micron Technology

In other news, CEO Sanjay Mehrotra sold 21,563 shares of Micron Technology stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $188.47, for a total transaction of $4,063,978.61. Following the completion of the sale, the chief executive officer directly owned 272,648 shares of the company’s stock, valued at approximately $51,385,968.56. The trade was a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP April S. Arnzen sold 15,000 shares of Micron Technology stock in a transaction on Tuesday, September 30th. The stock was sold at an average price of $164.04, for a total transaction of $2,460,600.00. Following the sale, the executive vice president directly owned 131,580 shares of the company’s stock, valued at $21,584,383.20. This represents a 10.23% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders sold 146,956 shares of company stock valued at $22,841,025. Insiders own 0.30% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on the company. Itau BBA Securities assumed coverage on Micron Technology in a report on Tuesday, October 7th. They set an “outperform” rating and a $249.00 price target for the company. Bank of America increased their price target on Micron Technology from $140.00 to $180.00 and gave the stock a “neutral” rating in a report on Wednesday, September 24th. KGI Securities upgraded Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 24th. Arete Research raised shares of Micron Technology to a “strong-buy” rating in a research report on Friday, July 18th. Finally, Raymond James Financial increased their price objective on shares of Micron Technology from $150.00 to $190.00 and gave the stock an “outperform” rating in a research report on Wednesday, September 24th. Four equities research analysts have rated the stock with a Strong Buy rating, twenty-four have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Buy” and a consensus price target of $191.78.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon’s 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon’s 4th Congressional District. She declared candidacy for the 2026 election.

Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Micron Technology

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.