Micron Technology (NASDAQ:MU) EVP April Arnzen Sells 15,000 Shares of Stock

Micron Technology, Inc. (NASDAQ:MU) EVP April Arnzen sold 15,000 shares of the stock in a transaction dated Monday, December 22nd. The stock was sold at an average price of $277.09, for a total transaction of $4,156,350.00. Following the completion of the transaction, the executive vice president directly owned 165,618 shares of the company’s stock, valued at $45,891,091.62. This trade represents a 8.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Micron Technology Stock Down 0.1%

NASDAQ MU opened at $276.27 on Wednesday. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $281.86. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The stock’s 50 day moving average is $231.82 and its two-hundred day moving average is $167.84. The company has a market capitalization of $310.94 billion, a price-to-earnings ratio of 26.26, a PEG ratio of 0.17 and a beta of 1.54.

Micron Technology (NASDAQ:MU) last posted its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping 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 business had revenue of $13.64 billion during the quarter, compared to the consensus estimate of $12.62 billion. During the same quarter last year, the company earned $1.79 EPS. Micron Technology’s 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 Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a $0.115 dividend. The ex-dividend date of this dividend is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. Micron Technology’s dividend payout ratio is presently 4.37%.

Analysts Set New Price Targets

Several analysts have weighed in on the stock. Morgan Stanley upped their price objective on shares of Micron Technology from $338.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Summit Insights raised Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. Needham & Company LLC lifted their price objective on Micron Technology from $200.00 to $300.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. Susquehanna increased their target price on Micron Technology from $200.00 to $300.00 and gave the stock a “positive” rating in a report on Monday, December 8th. Finally, Raymond James Financial lifted their price target on Micron Technology from $190.00 to $310.00 and gave the company an “outperform” rating in a report on Thursday, December 18th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Buy” and an average price target of $282.61.

Institutional Trading of Micron Technology

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Orleans Capital Management Corp LA acquired a new stake in shares of Micron Technology during the second quarter worth about $256,000. Cary Street Partners Financial LLC increased its stake in Micron Technology by 25.0% during the 2nd quarter. Cary Street Partners Financial LLC now owns 26,132 shares of the semiconductor manufacturer’s stock worth $3,221,000 after purchasing an additional 5,233 shares in the last quarter. Wealthspire Advisors LLC raised its holdings in Micron Technology by 27.8% during the 2nd quarter. Wealthspire Advisors LLC now owns 14,754 shares of the semiconductor manufacturer’s stock worth $1,818,000 after buying an additional 3,208 shares during the period. KLP Kapitalforvaltning AS lifted its stake in Micron Technology by 6.2% in the second quarter. KLP Kapitalforvaltning AS now owns 403,105 shares of the semiconductor manufacturer’s stock valued at $49,683,000 after buying an additional 23,600 shares in the last quarter. Finally, WealthBridge Capital Management LLC bought a new position in Micron Technology in the second quarter valued at approximately $210,000. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Blowout earnings + sold‑out HBM: Micron reported a Q1 FY2026 beat and management said HBM capacity is sold out through 2026 with much of pricing locked — providing multi‑quarter revenue visibility and materially de‑risking near‑term cash flow and margins. Micron Technology (MU) Soars 10% on Stellar Earnings and Record 2026 Outlook
• Positive Sentiment: MarketBeat deep dive — AI memory supercycle validated: analysis highlights >50% gross margins, data‑center revenue share >50%, aggressive $20B FY2026 CapEx (fast‑tracking Idaho fab) and HBM4 sampling — all signals of durable structural change from cyclical memory vendor to high‑margin AI supplier. Micron Just Changed the AI Cycle—and the Market Knows It
• Positive Sentiment: Analyst bullishness and price‑target uplifts: multiple outlets report fresh analyst upgrades and higher price targets (some headlines cite targets up to $500), reinforcing momentum and prompting institutional window‑dressing demand. Micron (MU) Receives $500 Target as AI Fuels DRAM and NAND Demand
• Positive Sentiment: HBM market structure supports price power: coverage pieces outline constrained HBM supply through 2026–2027, large price increases for HBM, and why Micron is positioned to gain share — a demand/supply dynamic that supports outsized revenue and margin expansion. 4 Memorable Ways to Play the HBM Market Boom
• Neutral Sentiment: Broader market tailwind: major U.S. indexes were rising (S&P near record), which helped momentum names like Micron as investors re‑risk into AI winners during a quiet year‑end tape. Dow Jones Today: Major Stock Indexes Rise for 4th Straight Session
• Negative Sentiment: Valuation/mean‑reversion risk: some commentators warn the rally may have overshot fundamentals in the short term and that high CapEx, execution risk on new fabs, or a future easing in HBM pricing could introduce downside if demand or execution falters. Micron: Rally Went Too Far, This Party Shouldn’t Last Forever

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.