MRNS

Representative John McGuire (Republican-Virginia) recently bought shares of Micron Technology, Inc. NASDAQ: MU. In a filing disclosed on November 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on October 1st. The trade occurred in the Representative's "MERRILL LYNCH SEP IRA" account.

• SK hynix Says Memory Demand Beats Supply Through 2030—What It Means for Micron and SanDisk

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 9/25/2026.
• Purchased $1,001 - $15,000 in shares of Micron Technology NASDAQ: MU on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Apple NASDAQ: AAPL on 8/18/2026.
• Purchased $1,001 - $15,000 in shares of NVIDIA NASDAQ: NVDA on 8/18/2026.

Micron Technology Stock Down 5.8%

MU stock opened at $833.59 on Tuesday. The company has a 50-day moving average of $976.02 and a two-hundred day moving average of $747.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. Micron Technology, Inc. has a 52-week low of $192.59 and a 52-week high of $1,255.00. The stock has a market capitalization of $943.14 billion, a price-to-earnings ratio of 13.15, a price-to-earnings-growth ratio of 0.17 and a beta of 2.22.

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

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Shareholders of record on Wednesday, October 14th were given a $0.15 dividend. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend was Wednesday, October 14th. Micron Technology's dividend payout ratio is presently 0.81%.

Institutional Inflows and Outflows

• Micron’s Taiwan Strike: A High-Stakes Fight Over AI Profits

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Providence First Trust Co increased its holdings in Micron Technology by 2.6% during the 3rd quarter. Providence First Trust Co now owns 2,537 shares of the semiconductor manufacturer's stock worth $2,702,000 after purchasing an additional 65 shares during the period. CenterBook Partners LP boosted its position in shares of Micron Technology by 30.6% in the 3rd quarter. CenterBook Partners LP now owns 19,854 shares of the semiconductor manufacturer's stock worth $21,147,000 after buying an additional 4,656 shares in the last quarter. Canvas Wealth Advisors LLC raised its position in shares of Micron Technology by 3.8% during the 3rd quarter. Canvas Wealth Advisors LLC now owns 1,378 shares of the semiconductor manufacturer's stock worth $1,468,000 after purchasing an additional 51 shares during the last quarter. Asset One Wealth Management LLC lifted its position in shares of Micron Technology by 57.3% in the third quarter. Asset One Wealth Management LLC now owns 508 shares of the semiconductor manufacturer's stock valued at $541,000 after acquiring an additional 185 shares in the last quarter. Finally, Heritage Family Offices LLP grew its holdings in shares of Micron Technology by 17.1% during the third quarter. Heritage Family Offices LLP now owns 1,791 shares of the semiconductor manufacturer's stock worth $1,908,000 after buying an additional 262 shares in the last quarter. Institutional investors own 80.84% of the company's stock.

Insider Buying and Selling

In other news, EVP Sumit Sadana sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $934.29, for a total transaction of $14,014,350.00. Following the sale, the executive vice president directly owned 191,021 shares in the company, valued at approximately $178,469,010.09. This represents a 7.28% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Scott J. Deboer sold 28,545 shares of the business's stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total value of $25,690,500.00. Following the sale, the insider owned 147,430 shares in the company, valued at approximately $132,687,000. The trade was a 16.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

MU has been the subject of a number of research analyst reports. President Capital boosted their price objective on Micron Technology to $1,500.00 and gave the stock a "buy" rating in a report on Friday, July 17th. William Blair set a $1,300.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. ThinkEquity reaffirmed a "buy" rating on shares of Micron Technology in a research report on Monday, August 3rd. The Goldman Sachs Group set a $1,250.00 price objective on Micron Technology in a research note on Thursday, October 1st. Finally, TD Cowen reaffirmed a "buy" rating and issued a $1,600.00 price target on shares of Micron Technology in a report on Thursday, October 1st. One investment 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 data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,407.88.

Get Our Latest Stock Analysis on MU

More Micron Technology News

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

• Positive Sentiment: Micron is reportedly positioned to increase stock repurchases beginning December 9, when restrictions related to the federal CHIPS Act are expected to expire. Buybacks could support earnings per share and signal management confidence in the stock’s valuation. Micron Expected to Launch Massive Stock Buybacks in December
• Positive Sentiment: Long-term demand remains a key bullish argument. SK hynix reported record results and said memory demand could exceed supply through 2030, while Micron has multiyear customer agreements covering more than 35% of projected revenue through that year. Micron has also co-developed memory technology with NVIDIA and secured advance shipments for AI infrastructure. SK hynix Says Memory Demand Beats Supply Through 2030
• Positive Sentiment: Some analysts and commentators still view Micron as inexpensive relative to its growth potential, citing sharply higher AI-driven memory demand, expected fiscal 2027 earnings growth, and a valuation near historic lows for a company with strong recent operating performance. Why Micron Stock Looks Cheap After a Record Year
• Neutral Sentiment: Analysts remain broadly optimistic after Micron’s substantial outperformance over the past year, but the stock’s elevated volatility and large gains have increased sensitivity to any disappointing industry outlook. Are Wall Street Analysts Predicting Micron Technology Stock Will Climb or Sink?
• Negative Sentiment: Kioxia’s cautious forecast triggered weakness across memory stocks, renewing fears that the industry’s shortage and pricing strength may be approaching a peak. Kioxia’s Cautious Outlook Hits Memory Stocks
• Negative Sentiment: Trading volume has fallen, suggesting reduced retail interest, while critics warn that Micron could suffer a steep decline if the memory shortage ends or AI spending moderates. Market commentator Tom Sosnoff also argued that Micron and other major AI-chip stocks have not declined enough to be compelling buys. Micron Technology: Is This a Sign That Its Stock Has Already Peaked?

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia's 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia's 5th Congressional District. He declared candidacy for the 2026 election. John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

About Micron Technology

(Get Free Report)

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.

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This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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