Micron Technology (NASDAQ:MU) Insider Scott Deboer Sells 28,545 Shares of Company Stock

Micron Technology, Inc. (NASDAQ:MU) insider Scott Deboer sold 28,545 shares of the firm’s stock in a transaction dated Friday, October 16th. The shares were sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the sale, the insider directly owned 147,430 shares in the company, valued at approximately $132,687,000. The trade was a 16.22% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Micron Technology Stock Performance

Shares of MU stock opened at $896.07 on Wednesday. The company has a quick ratio of 2.94, a current ratio of 3.31 and a debt-to-equity ratio of 0.03. The company has a 50 day moving average price of $987.31 and a 200-day moving average price of $872.76. Micron Technology, Inc. has a 52 week low of $192.40 and a 52 week high of $1,255.00. The firm has a market capitalization of $1.01 trillion, a PE ratio of 12.07, a P/E/G ratio of 0.16 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last issued its quarterly earnings data on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 earnings per share for the quarter, beating analysts’ consensus estimates of $31.77 by $1.65. Micron Technology had a net margin of 63.80% and a return on equity of 92.62%. The company had revenue of $54.23 billion for the quarter, compared to the consensus estimate of $51.33 billion. During the same quarter in the prior year, the firm earned $3.03 earnings per share. The firm’s revenue for the quarter was up 379.1% compared to the same quarter last year. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, equities research analysts expect that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be issued a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. The ex-dividend date of this dividend is Wednesday, October 14th. Micron Technology’s dividend payout ratio is presently 0.81%.

Analysts Set New Price Targets

Several brokerages recently commented on MU. Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating on shares of Micron Technology in a report on Thursday, October 1st. Wells Fargo & Company reduced their price objective on Micron Technology from $1,525.00 to $1,400.00 and set an “overweight” rating for the company in a research report on Wednesday, September 23rd. Mizuho increased their target price on Micron Technology from $1,300.00 to $1,400.00 and gave the company an “outperform” rating in a report on Thursday, October 1st. President Capital raised their target price on Micron Technology to $1,500.00 and gave the stock a “buy” rating in a research report on Friday, July 17th. Finally, Susquehanna reissued a “positive” rating on shares of Micron Technology in a research report on Thursday, October 1st. One analyst has rated the stock with a Strong Buy rating, forty-one have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $1,407.88.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the business. Bullseye Investment Management LLC acquired a new position in shares of Micron Technology during the second quarter valued at about $27,000. Aventus Investment Advisors Inc. acquired a new stake in Micron Technology in the 3rd quarter worth approximately $30,000. Steph & Co. acquired a new stake in Micron Technology in the 3rd quarter worth approximately $31,000. Montgomery Financial Services LLC acquired a new stake in Micron Technology in the 2nd quarter worth approximately $38,000. Finally, JNBA Financial Advisors grew its position in Micron Technology by 77.3% during the 2nd 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 last quarter. 80.84% of the stock is currently owned by institutional investors.

Key Stories Impacting Micron Technology

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

• Positive Sentiment: Micron announced funding for Indium Corporation’s critical-minerals and high-purity materials processing expansion in New York. The investment, part of Micron’s planned U.S. supply-chain spending of up to $3 billion, is intended to improve access to materials needed for advanced memory production and reduce exposure to overseas supply disruptions. Micron Invests in New York Critical Minerals Processing With Indium Corporation
• Positive Sentiment: Bullish analysts continue to point to tight memory supply, rising contract prices, strong AI-related demand and a potential share repurchase program. Recent results and guidance also showed substantial revenue and earnings growth, supporting the view that Micron’s memory upcycle could extend through 2027 and beyond. Micron Stock Moves Higher: What’s Going On?
• Positive Sentiment: Some investors view MU as attractively valued relative to its earnings potential, with Wall Street highlighting its strong September-quarter performance, elevated memory prices and multiyear customer commitments as reasons for further upside. The Best Trillion-Dollar Stock to Buy Right Now, According to Wall Street
• Neutral Sentiment: Micron is scheduled to host a technology webinar on October 21, which could provide additional details on its AI-memory roadmap, manufacturing plans and demand outlook. Micron to Host Technology Webinar on Oct. 21
• Negative Sentiment: A union at Micron’s Taoyuan facility in Taiwan plans to strike on October 22 over a bonus dispute. Because Taiwan is central to Micron’s DRAM production, investors are concerned about potential disruption, costs or shipment delays. Micron Union in Taiwan to Launch Strike
• Negative Sentiment: Memory stocks remain under pressure after a broader technology selloff revived fears that AI infrastructure spending and related valuations may be unsustainable. Investors are also questioning how long Micron’s unusually high profits can last as new capacity comes online and rivals respond. Micron Stock Falls Amid Three Warning Signals
• Negative Sentiment: China’s CXMT is progressing toward server-memory production, raising longer-term competitive and pricing concerns for Micron, particularly if Chinese suppliers expand despite export restrictions. Intel Versus Micron: Exposure to CXMT

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.