Key Points
- Scott Allen sold 2,000 shares of Micron on Jan. 6 at an average price of $337.50 for $675,000, reducing his holdings to 38,237 shares (a 4.97% decrease).
- Micron beat estimates with $4.78 EPS (vs. $3.77) and $13.64 billion revenue (up 56.7% YoY) and set Q2 FY26 guidance of 8.220–8.620 EPS.
- Analysts have lifted price targets (some to $335–$400) citing sustained AI-driven memory demand and supply constraints, though the stock has pulled back ~3.7% amid profit-taking and elevated valuation (PE ≈31).
Micron Technology, Inc. (NASDAQ:MU - Get Free Report) CAO Scott Allen sold 2,000 shares of the firm's stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares in the company, valued at approximately $12,904,987.50. The trade was a 4.97% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.
Micron Technology Stock Down 3.7%
Micron Technology stock opened at $327.02 on Friday. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $346.30. The stock has a fifty day moving average of $254.46 and a 200 day moving average of $182.69. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. The stock has a market cap of $368.06 billion, a PE ratio of 31.09, a price-to-earnings-growth ratio of 0.21 and a beta of 1.50.
Micron Technology (NASDAQ:MU - Get Free Report) last released its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a net margin of 28.15% and a return on equity of 22.71%. The firm had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. During the same quarter in the prior year, the firm earned $1.79 EPS. The business's revenue for the quarter was up 56.7% compared to the same quarter last year. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. As a group, sell-side analysts predict that Micron Technology, Inc. will post 6.08 EPS for the current year.
Micron Technology Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Shareholders of record on Monday, December 29th will be given a $0.115 dividend. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a yield of 0.1%. Micron Technology's dividend payout ratio (DPR) is presently 4.37%.
Institutional Trading of Micron Technology
Hedge funds have recently modified their holdings of the company. Brighton Jones LLC raised its stake in Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock valued at $532,000 after purchasing an additional 976 shares in the last quarter. Ascent Group LLC lifted its stake in Micron Technology by 110.9% in the first quarter. Ascent Group LLC now owns 5,805 shares of the semiconductor manufacturer's stock worth $504,000 after purchasing an additional 3,052 shares during the last quarter. Empowered Funds LLC boosted its holdings in Micron Technology by 8.5% during the 1st quarter. Empowered Funds LLC now owns 66,604 shares of the semiconductor manufacturer's stock valued at $5,787,000 after acquiring an additional 5,240 shares during the period. Zurich Insurance Group Ltd FI purchased a new stake in shares of Micron Technology during the first quarter valued at $18,573,000. Finally, SCS Capital Management LLC purchased a new stake in Micron Technology in the 1st quarter valued at about $276,000. 80.84% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. New Street Research reaffirmed a "neutral" rating on shares of Micron Technology in a report on Tuesday, October 14th. Wells Fargo & Company boosted their price target on Micron Technology from $300.00 to $335.00 and gave the company an "overweight" rating in a report on Thursday, December 18th. Cantor Fitzgerald raised their price objective on Micron Technology from $300.00 to $350.00 and gave the stock an "overweight" rating in a research note on Thursday, December 18th. Deutsche Bank Aktiengesellschaft lifted their price objective on Micron Technology from $200.00 to $280.00 and gave the company a "buy" rating in a research report on Tuesday, December 9th. Finally, Itau BBA Securities reissued an "outperform" rating on shares of Micron Technology in a report on Thursday, December 18th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, Micron Technology currently has an average rating of "Buy" and a consensus target price of $292.00.
View Our Latest Analysis on MU
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
- Positive Sentiment: UBS raised its price target to $400 and maintained a buy rating, citing sustained AI memory demand and limited supply that supports higher ASPs. UBS Group Boosts Micron Technology (NASDAQ:MU) Price Target to $400.00
- Positive Sentiment: Piper Sandler also lifted its target to $400, highlighting a memory supply squeeze (HBM/DRAM) and signaling upside to MU shares as Micron remains supply-constrained. Micron Technology (NASDAQ:MU) Stock Price Expected to Rise, Piper Sandler Analyst Says
- Positive Sentiment: Analysts and outlets point to persistent AI-driven demand and pricing power (especially for HBM), which supports revenue/gross-margin upside and underpins multiple price-target increases. Micron's Pricing Power Looks Unstoppable As AI Demand Outruns Supply
- Positive Sentiment: Coverage pieces (Forbes, The Motley Fool, Seeking Alpha) argue Micron has shifted from commodity DRAM competition to strategic AI memory, pointing to strong recent results, raised FY26/FY27 forecasts, and potential for further upside. Up 3x In 2025, What's Next For Micron Stock?
- Positive Sentiment: Micron announced a megafab groundbreaking in New York, signaling long-term capacity expansion to address the memory shortage and support future revenue growth. Micron Announces Groundbreaking for Historic New York Megafab
- Neutral Sentiment: High-profile endorsements (e.g., Jim Cramer) and momentum/screening recognition (Zacks Rank #1, coverage pieces) increase retail/institutional interest but may already be priced in. Jim Cramer Calls Micron a “Favorite of the Show”
- Neutral Sentiment: Industry peers (e.g., Samsung) reporting record profits from rising memory prices reinforce the thematic tailwind for Micron but also reflect sector-wide cyclicality. Samsung Expects Record Profit as Memory Chip Prices Soar. What It Means for Micron Stock.
- Negative Sentiment: An insider (Micron’s CAO) sold shares recently, a small but visible insider disposition that can be highlighted by short-term traders. SEC Filing: Insider Sale by Scott R. Allen
- Negative Sentiment: The stock is experiencing profit-taking and a market-wide pullback after a rapid run-up; some technical/overbought calls suggest near-term selling pressure could persist. Micron (MU) Stock Drops In Market Pullback, But AI Memory Demand Stays Hot
- Negative Sentiment: Coverage noting the stock is overbought and elevated valuations increases risk of short-term reversals despite bullish fundamentals. Stock Of The Day: Will Micron Technology Reverse?
Micron Technology Company Profile
(
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.
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