Scott Allen Sells 2,000 Shares of Micron Technology (NASDAQ:MU) Stock

Micron Technology, Inc. (NASDAQ:MU) CAO Scott Allen sold 2,000 shares of the company’s stock in a transaction dated Tuesday, January 6th. The shares were sold at an average price of $337.50, for a total transaction of $675,000.00. Following the sale, the chief accounting officer directly owned 38,237 shares in the company, valued at approximately $12,904,987.50. This trade represents a 4.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Micron Technology Stock Performance

Shares of MU stock traded down $12.53 during trading on Thursday, reaching $327.02. 33,757,473 shares of the company’s stock traded hands, compared to its average volume of 38,494,398. The company has a market capitalization of $368.06 billion, a P/E ratio of 31.09, a PEG ratio of 0.22 and a beta of 1.50. 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 firm’s 50-day moving average is $252.40 and its 200 day moving average is $181.68. Micron Technology, Inc. has a 1 year low of $61.54 and a 1 year high of $346.30.

Micron Technology (NASDAQ:MU) last posted its quarterly earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping analysts’ consensus estimates 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 last year, the company earned $1.79 earnings per share. The business’s revenue for the quarter 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 research analysts expect that Micron Technology, Inc. will post 6.08 EPS for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be given a dividend of $0.115 per share. The ex-dividend date is Monday, December 29th. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. Micron Technology’s dividend payout ratio is currently 4.37%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Analysts say AI-driven DRAM/HBM demand should outstrip supply well past 2026, supporting sustained pricing power and margins for Micron. Micron’s Pricing Power Looks Unstoppable As AI Demand Outruns Supply
• Positive Sentiment: Multiple firms raised price targets (UBS and Piper Sandler to $400) and reiterated buy/overweight calls, signaling strong analyst conviction that supply constraints will sustain upside. Best Undervalued AI Stocks 2026
• Positive Sentiment: Recent results and guidance show robust momentum (big revenue beat, strong EPS and raised FY26 guidance), giving visible earnings power as memory prices recover. Micron: Lot Of Upside In The Tank
• Positive Sentiment: Longer-term capacity expansion: Micron announced a groundbreaking for a large New York megafab, signalling multi-year supply-side investment to capture AI demand. Micron Announces Groundbreaking for Historic New York Megafab
• Neutral Sentiment: Sector-level coverage notes memory stocks are red-hot on AI demand; this supports the thesis but increases crowding and volatility risk. Memory Chip Stocks are Red-Hot. Is it Too Late to Buy?
• Negative Sentiment: Shares pulled back amid a broader market selloff and profit-taking after a sharp multi-week rally; intraday weakness reflects rotation rather than company-specific deterioration. Micron (MU) Stock Drops In Market Pullback, But AI Memory Demand Stays Hot
• Negative Sentiment: Some analysts and commentators flagged near-term downside: a prominent analyst trimmed an earlier eye-popping target and media pieces explain today’s decline as profit-taking/overbought conditions. 5-star analyst drops eye-popping Micron stock price target
• Negative Sentiment: Headline pieces directly covering today’s weakness explain the pullback amid volatile trading after recent gains. Why Micron (MU) Stock Is Down Today

Analysts Set New Price Targets

MU has been the topic of a number of analyst reports. TD Cowen upped their target price on shares of Micron Technology from $275.00 to $300.00 and gave the stock a “buy” rating in a report on Thursday, December 18th. BNP Paribas upgraded shares of Micron Technology from a “strong sell” rating to a “strong-buy” rating in a research report on Monday, October 13th. Weiss Ratings raised shares of Micron Technology from a “hold (c+)” rating to a “buy (b-)” rating in a report on Saturday, November 1st. Wedbush set a $320.00 price objective on Micron Technology in a research note on Thursday, December 18th. Finally, Wells Fargo & Company boosted their target price on Micron Technology from $300.00 to $335.00 and gave the stock an “overweight” rating in a research report on Thursday, December 18th. Five research analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Buy” and an average price target of $292.00.

Hedge Funds Weigh In On Micron Technology

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

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.