Key Points
- EVP Sumit Sadana sold 25,000 shares of Micron on Feb. 2 at an average of $429.89 (~$10.75M), reducing his stake by about 9.2% to 248,021 shares.
- Micron reported a strong quarter, beating estimates with $4.78 EPS (vs. $3.77) and $13.64B revenue (+56.7% YoY), and set Q2 2026 guidance of 8.220–8.620 EPS.
- Analyst sentiment and capacity plans are bullish: multiple firms raised price targets (e.g., Mizuho $480, Phillip $500) and Micron announced a $24 billion Singapore NAND "megafab," signaling long‑term growth but higher near‑term capex.
Micron Technology, Inc. (NASDAQ:MU - Get Free Report) EVP Sumit Sadana sold 25,000 shares of the firm's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the transaction, the executive vice president directly owned 248,021 shares of the company's stock, valued at approximately $106,621,747.69. This represents a 9.16% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.
Micron Technology Stock Performance
Shares of Micron Technology stock opened at $379.66 on Thursday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.78 and a current ratio of 2.46. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $455.50. The firm's 50-day simple moving average is $312.48 and its 200-day simple moving average is $217.98. The firm has a market cap of $427.31 billion, a PE ratio of 36.09 and a beta of 1.52.
Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings data on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 earnings per share for the quarter, beating the consensus estimate of $3.77 by $1.01. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The firm had revenue of $13.64 billion during the quarter, compared to analyst estimates of $12.62 billion. During the same period in the previous year, the company earned $1.79 earnings per share. Micron Technology's quarterly revenue was up 56.7% on a year-over-year basis. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Equities analysts forecast that Micron Technology, Inc. will post 6.08 earnings per share for the current fiscal year.
Micron Technology Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, January 14th. Investors of record on Monday, December 29th were given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend was Monday, December 29th. Micron Technology's dividend payout ratio is currently 4.37%.
Institutional Investors Weigh In On Micron Technology
A number of institutional investors and hedge funds have recently modified their holdings of MU. Catalyst Financial Partners LLC grew its holdings in shares of Micron Technology by 9.9% in the 4th quarter. Catalyst Financial Partners LLC now owns 6,149 shares of the semiconductor manufacturer's stock worth $1,755,000 after acquiring an additional 556 shares during the last quarter. Moneco Advisors LLC boosted its holdings in shares of Micron Technology by 4.3% in the fourth quarter. Moneco Advisors LLC now owns 4,780 shares of the semiconductor manufacturer's stock worth $1,364,000 after buying an additional 199 shares during the period. Strategic Family Wealth Counselors L.L.C. purchased a new position in shares of Micron Technology in the fourth quarter worth approximately $811,000. Heritage Wealth Management Inc. CA acquired a new stake in shares of Micron Technology during the fourth quarter valued at approximately $345,000. Finally, Oregon Public Employees Retirement Fund lifted its position in shares of Micron Technology by 0.5% in the 4th quarter. Oregon Public Employees Retirement Fund now owns 128,612 shares of the semiconductor manufacturer's stock valued at $36,707,000 after acquiring an additional 682 shares in the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.
More Micron Technology News
Here are the key news stories impacting Micron Technology this week:
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on MU shares. KeyCorp increased their target price on shares of Micron Technology from $325.00 to $450.00 and gave the stock an "overweight" rating in a report on Tuesday, January 13th. Mizuho increased their price target on Micron Technology from $390.00 to $480.00 and gave the stock an "outperform" rating in a research report on Tuesday, January 27th. Barclays upped their price objective on Micron Technology from $275.00 to $450.00 and gave the stock an "overweight" rating in a research note on Friday, January 16th. Wolfe Research increased their price objective on Micron Technology from $300.00 to $350.00 and gave the stock an "outperform" rating in a report on Thursday, December 18th. Finally, Phillip Securities raised shares of Micron Technology to a "strong-buy" rating in a research note on Monday. Six research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, Micron Technology presently has an average rating of "Buy" and an average price target of $349.76.
Get Our Latest Stock Report on MU
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.
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