Rep. Cleo Fields Acquires Micron Technology, Inc. (NASDAQ:MU) Stock

Posted by Jessica Moore on Feb 27th, 2026

Representative Cleo Fields (Democratic-Louisiana) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on February 24th, the Representative disclosed that they had bought between $100,001 and $250,000 in Micron Technology stock on February 3rd. The trade occurred in the Representative’s “MORGAN STANLEY – E*TRADE #2” account.

Representative Cleo Fields also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 2/12/2026.
Purchased $15,001 – $50,000 in shares of Lam Research (NASDAQ:LRCX) on 2/3/2026.
Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOGL) on 2/3/2026.
Purchased $50,001 – $100,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 2/3/2026.
Purchased $100,001 – $250,000 in shares of Meta Platforms (NASDAQ:META) on 2/3/2026.
Purchased $50,001 – $100,000 in shares of IREN (NASDAQ:IREN) on 1/20/2026.
Purchased $50,001 – $100,000 in shares of Meta Platforms (NASDAQ:META) on 1/20/2026.
Purchased $50,001 – $100,000 in shares of Netflix (NASDAQ:NFLX) on 1/20/2026.
Purchased $100,001 – $250,000 in shares of Alphabet (NASDAQ:GOOG) on 1/20/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOG) on 1/12/2026.

Micron Technology Stock Down 3.1%

Shares of MU opened at $415.56 on Friday. The company has a market cap of $467.72 billion, a PE ratio of 39.50 and a beta of 1.52. The business has a fifty day moving average of $366.07 and a 200 day moving average of $250.27. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $455.50. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19.

Micron Technology (NASDAQ:MU – Get Free Report) last posted its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating analysts’ consensus estimates of $3.77 by $1.01. The business had revenue of $13.64 billion for the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The business’s revenue was up 56.7% compared to the same quarter last year. During the same quarter in the previous year, the business posted $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. On average, sell-side analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio is presently 4.37%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on MU shares. KeyCorp raised their price objective on shares of Micron Technology from $325.00 to $450.00 and gave the stock an “overweight” rating in a research note on Tuesday, January 13th. Susquehanna increased their price target on Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a report on Monday, December 8th. Wedbush set a $320.00 price objective on Micron Technology in a report on Thursday, December 18th. Wall Street Zen raised Micron Technology from a “buy” rating to a “strong-buy” rating in a research report on Sunday, November 23rd. Finally, Stifel Nicolaus increased their target price on Micron Technology from $300.00 to $360.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Six investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $358.38.

Get Our Latest Research Report on Micron Technology

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. boosted its stake in Micron Technology by 1.9% in the 4th quarter. Vanguard Group Inc. now owns 106,608,094 shares of the semiconductor manufacturer’s stock worth $30,427,016,000 after purchasing an additional 1,954,644 shares in the last quarter. State Street Corp lifted its stake in shares of Micron Technology by 2.1% during the fourth quarter. State Street Corp now owns 52,749,817 shares of the semiconductor manufacturer’s stock worth $15,061,310,000 after buying an additional 1,090,644 shares during the period. Geode Capital Management LLC increased its position in shares of Micron Technology by 1.2% in the 2nd quarter. Geode Capital Management LLC now owns 25,690,491 shares of the semiconductor manufacturer’s stock valued at $3,152,974,000 after acquiring an additional 314,489 shares during the period. Capital International Investors raised its stake in Micron Technology by 0.7% in the 3rd quarter. Capital International Investors now owns 23,372,821 shares of the semiconductor manufacturer’s stock worth $3,910,198,000 after acquiring an additional 155,860 shares during the last quarter. Finally, Norges Bank acquired a new stake in Micron Technology during the 4th quarter worth about $6,433,456,000. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Insiders Place Their Bets

In other news, Director Teyin M. Liu bought 11,600 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was purchased at an average price of $337.07 per share, with a total value of $3,910,012.00. Following the completion of the acquisition, the director directly owned 14,310 shares of the company’s stock, valued at $4,823,471.70. This trade represents a 428.04% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Steven J. Gomo sold 5,000 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the sale, the director directly owned 19,139 shares in the company, valued at $5,045,614.57. This trade represents a 20.71% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders acquired 23,200 shares of company stock valued at $7,821,723 and sold 73,623 shares valued at $27,307,408. Company insiders own 0.24% of the company’s stock.

Key Stories Impacting Micron Technology

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

Positive Sentiment: S&P raised Micron’s credit rating to BBB, citing stronger AI-driven memory demand and improved financial metrics — a validation of Micron’s revenue and margin trajectory. Micron rating raised to BBB by S&P on AI demand growth
Positive Sentiment: Micron is ramping a US$200B U.S. buildout to expand capacity for AI workloads — a large-capex commitment that supports long‑term revenue growth but also tests near‑term valuation. Micron Ramps US$200b US Buildout As AI Demand Tests Valuation
Positive Sentiment: Multiple analyst and media pieces highlight Micron’s massive run (300%+ YTD/year) and sustained HBM tightness that should support pricing power and margins — reinforcing a bullish fundamental view. Up 326%, Should You Buy Micron Technology Right Now?
Positive Sentiment: MarketBeat/sector writeups and Barchart analyses show MU outperforming peers and breaking out technically on AI/HBM strength — supporting the bullish narrative for further upside. How Is Micron Technology’s Stock Performance Compared to Other Semiconductor Stocks
Neutral Sentiment: Industry hires (e.g., Atomera marketing appointment) and broader semiconductor commentary underline continued AI ecosystem investment but don’t directly change Micron’s near‑term outlook. Nishant Sinha Joins Atomera as Head of Marketing to Drive Strategy and Growth in Advanced Semiconductor Materials
Neutral Sentiment: Comparative analyst pieces (e.g., Zacks) favor Micron over some AI plays based on HBM demand, but these are relative arguments rather than new company‑specific catalysts. Micron vs. Oracle: One AI Stock Is a Clear Buy Right Now
Negative Sentiment: Technical analysis flags that MU is overextended near record highs and faces near‑term pullback risk unless it decisively clears those levels — a likely cause of today’s down move as traders take profits. Micron Technology (MU) Price Forecast: Rally Stalls Near Record Highs
Negative Sentiment: Several pieces note valuation is being tested after the rally; that elevates sensitivity to any mixed macro data or earnings guidance and can exacerbate short‑term declines. Up Over 300%, Should You Buy Micron Stock Right Now?

About Representative FIELDS

Cleo Fields (Democratic Party) is a member of the U.S. House, representing Louisiana’s 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Fields (Democratic Party) is running for re-election to the U.S. House to represent Louisiana’s 6th Congressional District. He declared candidacy for the primary scheduled on November 3, 2026.

Cleo Fields graduated from McKinley High School in 1980. He earned a bachelor’s degree in mass communications from Southern University in 1984 and a J.D. from the Southern University Law Center in 1987. His career experience includes working as a state legislator and U.S. congressman. When Fields was elected to the Louisiana State Senate in 1986, he was the youngest person ever elected to the State Senate in Louisiana’s history. In 1995, Fields ran for governor of Louisiana, becoming the first African American since reconstruction to make the runoff.

About Micron Technology

(Get Free Report)

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.