Micron Technology (NASDAQ:MU) EVP Sells $10,410,657.92 in Stock

Micron Technology, Inc. (NASDAQ:MU) EVP Manish Bhatia sold 26,623 shares of the business’s stock in a transaction dated Thursday, January 22nd. The shares were sold at an average price of $391.04, for a total transaction of $10,410,657.92. Following the completion of the transaction, the executive vice president owned 323,486 shares in the company, valued at $126,495,965.44. The trade was a 7.60% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $435.28 on Thursday. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $438.94. The company has a quick ratio of 1.78, a current ratio of 2.46 and a debt-to-equity ratio of 0.19. The business has a 50 day moving average of $292.48 and a 200 day moving average of $207.46. The company has a market cap of $489.91 billion, a PE ratio of 41.38 and a beta of 1.50.

Micron Technology (NASDAQ:MU) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The company had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. Micron Technology’s revenue was up 56.7% on a year-over-year basis. During the same period in the prior year, the firm earned $1.79 earnings per share. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, equities research analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Announces Dividend

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

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on the stock. Wolfe Research upped their price target on shares of Micron Technology from $300.00 to $350.00 and gave the company an “outperform” rating in a research report on Thursday, December 18th. Bank of America upped their price objective on Micron Technology from $300.00 to $400.00 and gave the stock a “buy” rating in a report on Tuesday, January 13th. Hsbc Global Res upgraded Micron Technology to a “strong-buy” rating in a research report on Friday, January 23rd. Susquehanna increased their target price on Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a research note on Monday, December 8th. Finally, Piper Sandler increased their price target on Micron Technology from $275.00 to $400.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 7th. Five research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Buy” and a consensus price target of $349.76.

Hedge Funds Weigh In On Micron Technology

A number of institutional investors have recently modified their holdings of MU. REAP Financial Group LLC acquired a new stake in shares of Micron Technology during the 3rd quarter valued at about $25,000. First Command Advisory Services Inc. increased its stake in Micron Technology by 225.0% during the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 153 shares during the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new stake in shares of Micron Technology during the third quarter valued at about $27,000. Elevation Wealth Partners LLC grew its stake in shares of Micron Technology by 295.8% in the fourth quarter. Elevation Wealth Partners LLC now owns 95 shares of the semiconductor manufacturer’s stock valued at $27,000 after buying an additional 71 shares in the last quarter. Finally, Steigerwald Gordon & Koch Inc. grew its holdings in shares of Micron Technology by 4,800.0% in the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer’s stock valued at $28,000 after purchasing an additional 96 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

More Micron Technology News

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

• Positive Sentiment: AI-driven demand and margin expansion: Investors are highlighting stronger pricing and margin leverage from AI/HBM demand, supporting a more bullish earnings outlook for Micron. AI-Driven Demand Supports Micron Technology’s Margin Expansion
• Positive Sentiment: Massive capacity commitment — $24B Singapore fab: Micron broke ground on an advanced wafer fab in Singapore (700k sq ft cleanroom, staged over ~10 years) to address long-term NAND/HBM shortages, signaling management’s confidence in sustained AI-driven demand. Micron Breaks Ground on Advanced Wafer Fabrication Facility in Singapore
• Positive Sentiment: Analyst upgrades and higher targets: Several brokers have raised targets and ratings (including a recent Mizuho raise), reinforcing buy-side momentum and fueling flows into the stock. Analyst Price Target Raises
• Positive Sentiment: Insider buying signal: A director purchase was reported recently, which investors interpret as a bullish insider vote of confidence. These 3 Stocks Just Saw Major Insider Moves—Time to Be Bullish or Bearish?
• Neutral Sentiment: Unusual put-option activity: Volume in out-of-the-money MU puts has spiked after the recent rally — could be protective hedging or speculative bearish bets; watch options flow for clues. Unusual Put Options Activity In Micron Technology
• Neutral Sentiment: Investor events / coverage: Micron executives will appear at conferences (Wolfe Research), which could add incremental clarity but are unlikely to change the near-term narrative unless new guidance is provided. Micron Announces Participation in Investor Event
• Negative Sentiment: Competitive risk — Samsung/Nvidia HBM supply deal: Reports that Samsung is ramping HBM4 for Nvidia are a direct competitive development that could pressure Micron’s near-term HBM pricing and share gains. Samsung Breaks Into Nvidia’s AI Memory Supply Chain
• Negative Sentiment: Insider selling: EVP Manish Bhatia sold ~26.6k shares recently; while not unusual for executives to rebalance, the sale is being noted by the market as a modest negative datapoint. SEC Filing: Insider Sale (Manish H. Bhatia)

About Micron Technology

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.