Rep. Michael A. Rulli Acquires Shares of Micron Technology, Inc. (NASDAQ:MU)

Posted by Kyle Jackson on Aug 11th, 2026

Representative Michael A. Rulli (Republican-Ohio) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on August 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on June 25th. The trade occurred in the Representative’s “MERRILL LYNCH MANAGED ACCOUNT” account.

Representative Michael A. Rulli also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Crown Castle (NYSE:CCI) on 8/6/2026.
Sold $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 7/1/2026.
Purchased $1,001 – $15,000 in shares of KLA (NASDAQ:KLAC) on 7/1/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/29/2026.
Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 6/25/2026.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 6/25/2026.
Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 6/25/2026.
Sold $1,001 – $15,000 in shares of Amazon.com (NASDAQ:AMZN) on 6/25/2026.
Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 6/25/2026.

Micron Technology Stock Performance

Shares of MU stock opened at $861.00 on Tuesday. 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 stock has a 50 day simple moving average of $971.54 and a 200-day simple moving average of $664.13. The company has a market cap of $972.40 billion, a price-to-earnings ratio of 19.49 and a beta of 2.19. Micron Technology, Inc. has a 12-month low of $113.46 and a 12-month high of $1,255.00.

Micron Technology (NASDAQ:MU – Get Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping analysts’ consensus estimates of $21.39 by $3.72. The firm had revenue of $41.46 billion for the quarter, compared to analyst estimates of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.Micron Technology’s quarterly revenue was up 345.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. On average, equities analysts forecast that Micron Technology, Inc. will post 72.93 EPS for the current year.

Micron Technology Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th were paid a dividend of $0.15 per share. The ex-dividend date of this dividend was Monday, July 6th. This represents a $0.60 annualized dividend and a yield of 0.1%. Micron Technology’s dividend payout ratio is currently 1.36%.

Insiders Place Their Bets

In other Micron Technology news, CAO Scott R. Allen sold 879 shares of the company’s stock in a transaction that occurred on Thursday, July 23rd. The stock was sold at an average price of $1,000.00, for a total value of $879,000.00. Following the transaction, the chief accounting officer directly owned 34,958 shares of the company’s stock, valued at $34,958,000. This represents a 2.45% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Sanjay Mehrotra sold 31,285 shares of the company’s stock in a transaction on Friday, July 24th. The shares were sold at an average price of $926.83, for a total transaction of $28,995,876.55. Following the completion of the sale, the chief executive officer directly owned 313,218 shares in the company, valued at $290,299,838.94. This represents a 9.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 162,179 shares of company stock valued at $167,811,861 over the last 90 days. 0.24% of the stock is owned by company insiders.

Key Stories Impacting Micron Technology

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

Positive Sentiment: HBM supply shortage strengthens Micron’s outlook. UBS said Micron’s earnings power may be undergoing a “structural reset” as Nvidia reportedly reduces planned HBM4E content in its VR300 GPUs because of constrained supply. The report reinforces Micron’s pricing power and position in AI infrastructure. Micron poised for structural reset in earnings power
Positive Sentiment: Analysts and bullish investors see substantial upside. A Seeking Alpha analysis maintained a Buy view and estimated approximately 47% 12-month upside, citing robust demand, multi-year customer agreements and strategic contracts covering roughly 20% of projected 2030 DRAM and one-third of NAND volumes. Micron Could Reclaim Its Previous Highs
Positive Sentiment: Recent fundamentals remain exceptionally strong. Micron’s latest quarter exceeded expectations with $41.46 billion in revenue and $25.11 in EPS, while revenue rose sharply year over year. Coverage also highlighted AI demand, automotive customer agreements and Micron’s stronger positioning relative to Intel as factors that could reduce its historical cyclicality. Micron Secures Strategic Auto Deals and AI Momentum
Positive Sentiment: Investor attention is focused on management’s outlook. Micron’s presentation at the KeyBanc Technology Leadership Forum could provide additional commentary on HBM demand, supply, pricing and guidance. Retail traders were reportedly watching for a potential outlook increase. MU Outpaced SNDK, WDC This Week

Institutional Trading of Micron Technology

A number of institutional investors have recently modified their holdings of the company. Ramsey Quantitative Systems acquired a new position in shares of Micron Technology during the 2nd quarter valued at $46,000. RHL Group LLC acquired a new stake in Micron Technology during the 2nd quarter valued at $47,000. Signature Resources Capital Management LLC boosted its position in Micron Technology by 1,125.0% in the 2nd quarter. Signature Resources Capital Management LLC now owns 49 shares of the semiconductor manufacturer’s stock valued at $57,000 after buying an additional 45 shares during the last quarter. Davis Capital Management boosted its holdings in Micron Technology by 510.0% in the second quarter. Davis Capital Management now owns 61 shares of the semiconductor manufacturer’s stock valued at $70,000 after purchasing an additional 51 shares during the last quarter. Finally, Glynn Capital Management LLC grew its stake in Micron Technology by 40.9% during the 2nd quarter. Glynn Capital Management LLC now owns 62 shares of the semiconductor manufacturer’s stock valued at $72,000 after purchasing an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 80.84% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on MU. ThinkEquity reissued a “buy” rating on shares of Micron Technology in a report on Monday, August 3rd. KeyCorp reaffirmed an “overweight” rating on shares of Micron Technology in a report on Monday, July 20th. Cantor Fitzgerald reiterated an “overweight” rating and set a $1,500.00 target price on shares of Micron Technology in a research report on Thursday, June 25th. UBS Group reissued a “buy” rating on shares of Micron Technology in a report on Monday. Finally, Melius Research assumed coverage on Micron Technology in a research report on Monday, April 27th. They issued a “buy” rating and a $700.00 price target for the company. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Buy” and an average price target of $1,260.31.

Get Our Latest Analysis on MU

About Representative Rulli

Michael Rulli (Republican Party) is a member of the U.S. House, representing Ohio’s 6th Congressional District. He assumed office on June 25, 2024. His current term ends on January 3, 2027.

Rulli (Republican Party) is running for re-election to the U.S. House to represent Ohio’s 6th Congressional District. He declared candidacy for the 2026 election.

Michael Rulli graduated from Poland Seminary High School. He earned a degree from Emerson College. Rulli’s career experience includes working as the director of operations with Rulli Bros. Markets.

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.