Micron Technology (NASDAQ:MU) EVP April Arnzen Sells 40,000 Shares

April 4, 2026 by InsiderTrades.com

Key Points

Micron EVP April Arnzen sold 40,000 shares on April 1 at an average price of $347.39 for about $13.9M, cutting her stake by 24.13% to 125,737 shares; the sale was made under a pre‑arranged Rule 10b5‑1 plan and disclosed in an SEC filing.
Micron raised its quarterly dividend to $0.15 per share (from $0.12), payable April 15 to holders of record March 30, representing a $0.60 annualized payout and a ~0.2% yield.
Analysts remain broadly bullish on Micron amid AI demand — several firms raised price targets and MarketBeat’s average target is $463.71 — though there are mixed views (e.g., Citi cut its target citing DDR5 softness and Google TurboQuant risks).

Micron Technology, Inc. (NASDAQ:MU - Get Free Report) EVP April Arnzen sold 40,000 shares of the stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $347.39, for a total value of $13,895,600.00. Following the transaction, the executive vice president owned 125,737 shares of the company's stock, valued at $43,679,776.43. This represents a 24.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Micron Technology Price Performance

Memory Wipe: The Great TurboQuant Miscalculation

Shares of NASDAQ:MU opened at $366.24 on Friday. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $471.34. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.32 and a current ratio of 2.90. The company's fifty day moving average is $403.11 and its 200-day moving average is $298.93. The company has a market capitalization of $413.02 billion, a PE ratio of 17.29 and a beta of 1.60.

Micron Technology Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be given a dividend of $0.15 per share. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. The ex-dividend date is Monday, March 30th. This represents a $0.60 annualized dividend and a yield of 0.2%. Micron Technology's dividend payout ratio is currently 2.83%.

Analysts Set New Price Targets

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A number of brokerages have commented on MU. Rosenblatt Securities reiterated a "buy" rating and issued a $500.00 price objective on shares of Micron Technology in a research report on Monday, March 16th. The Goldman Sachs Group increased their target price on Micron Technology from $360.00 to $400.00 and gave the company a "neutral" rating in a research note on Thursday, March 19th. Raymond James Financial boosted their target price on Micron Technology from $190.00 to $310.00 and gave the stock an "outperform" rating in a research report on Thursday, December 18th. Royal Bank Of Canada upped their price target on Micron Technology from $425.00 to $525.00 and gave the company an "outperform" rating in a research note on Monday, March 16th. Finally, Susquehanna increased their price target on shares of Micron Technology from $345.00 to $525.00 and gave the company a "positive" rating in a research report on Monday, March 9th. Five research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and four have assigned a Hold rating to the company. According to MarketBeat, the stock has an average rating of "Buy" and an average target price of $463.71.

View Our Latest Research Report on Micron Technology

Micron Technology News Summary

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

Positive Sentiment: Micron is ramping production to supply NVIDIA’s next‑gen Vera Rubin systems, directly tying MU to near‑term AI server demand and potential revenue upside. Micron Technology (MU) Ramping Up Production For NVDA’s Next-Gen Vera Rubin Systems
Positive Sentiment: Rosenblatt and other analysts remain bullish (consensus price targets materially above current levels), supporting upside expectations if AI demand sustains. Rosenblatt Bullish on Micron Technology (MU) Amid Strong Revenue Growth
Positive Sentiment: Market commentators and some strategists are pitching MU as a “buy the pullback” AI‑storage play, arguing the recent drop is fear‑driven rather than fundamentals‑driven. Micron Stock and Sandisk Retreat. Why This Wall Street Firm Says to Buy the Pullback.
Positive Sentiment: Top analysts have highlighted multi‑year AI upside for MU, and high‑profile investors adding exposure has supported confidence in the sector’s growth runway. Top Analyst Calls Micron Stock (MU) a “Top Pick,” Sees Multi-Year AI Upside
Neutral Sentiment: Longer‑term speculative pieces debate whether MU can reach trillion‑dollar scale by 2030; useful for context but not immediate catalysts. Will Micron Be a Trillion-Dollar Company By 2030?
Neutral Sentiment: Valuation narratives: some bullish pieces call MU “cheap” on multiples but warn the company must prove structural tailwinds vs. cyclical memory cycles. Prediction: This Memory Supercycle Growth Stock Could 3X by 2030
Negative Sentiment: Citi cut its price target citing DDR5 DRAM softness and risk from Google’s TurboQuant memory‑compression tech; that note triggered a notable pullback. Micron Drops 6% After Citi’s Price Target Cut: 3 Reasons Bears and Bulls Are Both Right
Negative Sentiment: Coverage changes: Erste downgraded MU from buy to hold, adding near‑term analyst caution that can weigh on sentiment. Finviz
Negative Sentiment: Tech‑sector headwinds (e.g., commodity/oil moves and broader market rotations) have pressured chip names, creating volatility risk for MU despite solid fundamentals. Oil Surge Shakes Markets As Tech Slips

Institutional Trading of Micron Technology

Institutional investors and hedge funds have recently bought and sold shares of the stock. High Note Wealth LLC raised its holdings in shares of Micron Technology by 65.4% in 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 increased its holdings in Micron Technology by 295.8% in the 4th 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 during the period. Steigerwald Gordon & Koch Inc. lifted its stake in Micron Technology by 4,800.0% during the fourth quarter. Steigerwald Gordon & Koch Inc. now owns 98 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 96 shares during the last quarter. Bayban bought a new position in Micron Technology in the fourth quarter valued at about $29,000. Finally, Joseph Group Capital Management acquired a new stake in shares of Micron Technology in the 4th quarter valued at approximately $31,000. Institutional investors own 80.84% of the company's stock.

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.