Micron Technology, Inc. (NASDAQ:MU – Get Free Report) CEO Sanjay Mehrotra sold 37,439 shares of the business’s stock in a transaction that occurred on Friday, May 29th. The shares were sold at an average price of $960.38, for a total transaction of $35,955,666.82. Following the transaction, the chief executive officer directly owned 387,064 shares of the company’s stock, valued at $371,728,524.32. The trade was a 8.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Sanjay Mehrotra also recently made the following trade(s):
- 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 transaction 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 transaction of $21,450,400.00.
Micron Technology Stock Performance
MU stock traded up $28.60 during trading on Tuesday, reaching $1,064.10. The stock had a trading volume of 47,042,400 shares, compared to its average volume of 43,530,793. Micron Technology, Inc. has a 52 week low of $96.96 and a 52 week high of $1,076.56. The stock’s 50 day moving average is $569.31 and its two-hundred day moving average is $418.02. 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 $1.20 trillion, a PE ratio of 50.24 and a beta of 2.15.
Micron Technology Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, April 15th. Shareholders of record on Monday, March 30th were issued a $0.15 dividend. This is a positive change from Micron Technology’s previous quarterly dividend of $0.12. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date of this dividend was Monday, March 30th. Micron Technology’s dividend payout ratio is currently 2.83%.
Analysts Set New Price Targets
A number of research analysts have weighed in on MU shares. DA Davidson started coverage on Micron Technology in a report on Monday, May 11th. They issued a “buy” rating and a $1,000.00 target price on the stock. Cantor Fitzgerald increased their target price on Micron Technology from $450.00 to $700.00 and gave the company an “overweight” rating in a report on Thursday, March 19th. Wedbush increased their target price on Micron Technology from $320.00 to $500.00 and gave the company an “outperform” rating in a report on Friday, March 13th. Sanford C. Bernstein increased their target price on Micron Technology from $330.00 to $510.00 and gave the company an “outperform” rating in a report on Wednesday, March 18th. Finally, Needham & Company LLC increased their target price on Micron Technology from $450.00 to $500.00 and gave the company a “buy” rating in a report on Thursday, March 19th. Five research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Micron Technology currently has an average rating of “Buy” and an average price target of $621.97.
Get Our Latest Stock Report on MU
Key Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: Micron showcased AI-optimized memory and storage products at COMPUTEX 2026, including HBM4, high-capacity DDR5 RDIMMs, and Gen6 SSDs, reinforcing its position as a core supplier for AI data centers and edge devices. Micron Powers AI Everywhere at COMPUTEX 2026
- Positive Sentiment: Multiple reports linked Micron’s surge to Nvidia’s AI roadmap, saying Nvidia’s demand for high-bandwidth memory is pulling Micron deeper into the AI boom and tightening supply-demand conditions for memory chips. Reuters article on Nvidia and Micron
- Positive Sentiment: Wall Street sentiment remains very strong, with several recent analyst upgrades and sharply higher price targets, including Raymond James at $1,100 and other firms ranging as high as $1,750, which is helping support the stock. Micron Gains Wall Street Support as Memory Demand Builds
- Positive Sentiment: Several articles highlighted Micron’s explosive revenue growth and improving earnings power, including a reported 196% year-over-year revenue increase in Q2 2026, which supports the view that earnings momentum is real. Will AI Servers Keep Micron’s DRAM Demand Momentum Strong?
- Neutral Sentiment: Some commentary noted Micron has become a very crowded trade after its huge run and crossed the $1 trillion market-cap milestone, so investors are now debating whether the stock is priced for perfection.
- Neutral Sentiment: There is also growing discussion about overbought conditions and valuation risk after the stock’s parabolic move, which could make near-term trading more volatile. Micron stock flashes major crash signal in over 30 years
Institutional Inflows and Outflows
Several institutional investors have recently made changes to their positions in the stock. REAP Financial Group LLC bought a new stake in Micron Technology during the 3rd quarter valued at approximately $25,000. High Note Wealth LLC raised its stake in Micron Technology by 65.4% during 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 during the period. Elevation Wealth Partners LLC raised its stake in Micron Technology by 295.8% during the 4th quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 71 shares during the period. Kohmann Bosshard Financial Services LLC purchased a new position in Micron Technology during the 1st quarter valued at approximately $27,000. Finally, Steigerwald Gordon & Koch Inc. grew its holdings in Micron Technology by 4,800.0% during the 4th quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after buying an additional 96 shares in the last quarter. Institutional investors own 80.84% of the company’s stock.
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.
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