Sanjay Mehrotra Sells 40,000 Shares of Micron Technology (NASDAQ:MU) Stock

August 26, 2026 by InsiderTrades.com

Micron Technology, Inc. (NASDAQ:MU - Get Free Report) CEO Sanjay Mehrotra sold 40,000 shares of Micron Technology stock in a transaction on Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the transaction, the chief executive officer directly owned 264,503 shares of the company's stock, valued at approximately $256,276,956.70. This represents a 13.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.

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Sanjay Mehrotra also recently made the following trade(s):

On Friday, July 24th, Sanjay Mehrotra sold 31,285 shares of Micron Technology stock. The shares were sold at an average price of $926.83, for a total value of $28,995,876.55.
On Friday, July 24th, Sanjay Mehrotra sold 8,715 shares of Micron Technology stock. The shares were sold at an average price of $951.72, for a total value of $8,294,239.80.
On Friday, June 26th, Sanjay Mehrotra sold 28,506 shares of Micron Technology stock. The stock was sold at an average price of $1,149.28, for a total value of $32,761,375.68.
On Friday, June 26th, Sanjay Mehrotra sold 11,494 shares of Micron Technology stock. The stock was sold at an average price of $1,180.96, for a total transaction of $13,573,954.24.
On Friday, May 29th, Sanjay Mehrotra sold 37,439 shares of Micron Technology stock. The shares were sold at an average price of $960.38, for a total transaction of $35,955,666.82.
On Friday, May 29th, Sanjay Mehrotra sold 2,561 shares of Micron Technology stock. The shares were sold at an average price of $975.63, for a total transaction of $2,498,588.43.

Micron Technology Stock Performance

NASDAQ:MU opened at $932.97 on Wednesday. The company has a current ratio of 3.42, a quick ratio of 2.98 and a debt-to-equity ratio of 0.05. The company has a market capitalization of $1.05 trillion, a P/E ratio of 21.12 and a beta of 2.18. The firm has a 50-day moving average price of $961.71 and a two-hundred day moving average price of $705.45. Micron Technology, Inc. has a twelve month low of $114.25 and a twelve month high of $1,255.00.

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Micron Technology (NASDAQ:MU - Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $21.39 by $3.72. The company had revenue of $41.46 billion for the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a net margin of 55.91% and a return on equity of 71.13%. The company's revenue for the quarter was up 345.8% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. As a group, research analysts expect that Micron Technology, Inc. will post 72.93 earnings per share for the current fiscal year.

Micron Technology Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, July 21st. Investors of record on Monday, July 6th were paid a $0.15 dividend. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology's dividend payout ratio is presently 1.36%.

Analyst Ratings Changes

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A number of analysts recently commented on the company. Weiss Ratings reaffirmed a "buy (b)" rating on shares of Micron Technology in a research note on Friday, August 7th. Raymond James Financial upped their target price on shares of Micron Technology from $1,100.00 to $1,500.00 and gave the company an "outperform" rating in a report on Thursday, June 25th. Seaport Research Partners reiterated a "buy" rating on shares of Micron Technology in a report on Friday, August 14th. UBS Group reissued a "buy" rating on shares of Micron Technology in a research report on Monday, August 10th. Finally, KeyCorp restated an "overweight" rating on shares of Micron Technology in a research report on Monday, July 20th. Four analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Buy" and a consensus price target of $1,258.84.

Read Our Latest Research Report on Micron Technology

Key Micron Technology News

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

Positive Sentiment: Memory prices are expected to rise substantially this quarter, with some reports pointing to increases of as much as 50%. A shortage of DRAM and high-bandwidth memory (HBM), driven by AI data-center demand, supports Micron’s pricing power and margins. Why Micron Will Miss Out on a 50% Rise in Memory Prices
Positive Sentiment: Analyst sentiment remains bullish. BMO initiated coverage with an “outperform” rating and a $1,300 target, while Mizuho retained “outperform” after reducing its target from $1,375 to $1,300. The target reductions temper enthusiasm slightly, but still imply substantial upside from the reference price. Finance giant sets aggressive Micron stock target after earnings
Positive Sentiment: Commentary continues to support the long-term AI memory thesis. Micron’s recent quarterly results showed revenue of approximately $41.5 billion, up more than 345% year over year, while long-term supply agreements provide demand visibility amid constrained capacity. Micron Technology Stock Opinions on Q3 Earnings and AI Demand Strength
Neutral Sentiment: Micron opened a 60,000-square-foot Boise training center and expanded its apprenticeship pipeline, supporting the workforce needed for its planned U.S. manufacturing expansion. The initiative is strategically positive but unlikely to materially affect near-term earnings. Micron Opens State-of-the-Art Training Center
Negative Sentiment: Investors remain concerned that Micron’s long-term contracts could limit its ability to fully capture a potential memory-price surge. The stock has also experienced a large rally, increasing valuation and profit-taking risks. Micron’s Long-Term Contracts Cap Memory-Boom Upside
Negative Sentiment: Competitive and sector risks remain: reports that Apple could source memory from Chinese suppliers, a potential IPO by Chinese rival YMTC and broad semiconductor weakness pressured MU recently. Micron insiders have also reported selling shares without purchases, a potential confidence signal that investors may monitor. Why Are Micron, SK Hynix and SanDisk Stocks Falling?

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Montgomery Financial Services LLC purchased a new stake in Micron Technology in the second quarter valued at approximately $38,000. JNBA Financial Advisors raised its stake in Micron Technology by 77.3% during the second quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer's stock worth $45,000 after purchasing an additional 17 shares during the period. Ramsey Quantitative Systems acquired a new position in shares of Micron Technology in the 2nd quarter valued at $46,000. RHL Group LLC acquired a new position in shares of Micron Technology in the 2nd quarter valued at $47,000. Finally, Philadelphia Investment Partners LLC purchased a new stake in shares of Micron Technology during the 2nd quarter valued at $54,000. Institutional investors and hedge funds 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.