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

Key Points

• Insider sale: Micron insider Scott Deboer sold 28,545 shares at an average of $900, generating approximately $25.7 million and reducing his holdings by 16.22%.
• Strong financial results: Micron reported quarterly EPS of $33.42 versus the $31.77 consensus estimate, while revenue rose 379.1% year over year to $54.23 billion. The company guided to fiscal Q1 2027 EPS of $37.15–$39.15.
• Mixed outlook: Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and average price target of $1,407.88, but investors face risks from a potential Taiwan labor strike, expanding Chinese competition and concerns about the sustainability of elevated AI-driven memory demand and profits.

Micron Technology, Inc. (NASDAQ:MU - Get Free Report) insider Scott Deboer sold 28,545 shares of the company's stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the transaction, the insider owned 147,430 shares of the company's stock, valued at $132,687,000. This represents a 16.22% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Micron Technology Stock Performance

MU stock traded down $8.83 on Tuesday, reaching $896.07. The company's stock had a trading volume of 19,925,607 shares, compared to its average volume of 26,852,182. Micron Technology, Inc. has a 52 week low of $192.40 and a 52 week high of $1,255.00. The company has a debt-to-equity ratio of 0.03, a current ratio of 3.31 and a quick ratio of 2.94. The company has a market capitalization of $1.01 trillion, a P/E ratio of 12.10, a price-to-earnings-growth ratio of 0.16 and a beta of 2.22. The firm has a fifty day moving average of $987.31 and a two-hundred day moving average of $872.76.

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

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, October 29th. Stockholders of record on Wednesday, October 14th will be paid a $0.15 dividend. This represents a $0.60 dividend on an annualized basis 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 currently 0.81%.

Key Micron Technology News

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

Wall Street Analysts Forecast Growth

MU has been the subject of a number of research analyst reports. President Capital upped 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. Phillip Securities lifted their price target on Micron Technology from $530.00 to $1,870.00 and gave the company a "buy" rating in a research report on Monday, June 29th. Raymond James Financial reissued an "outperform" rating on shares of Micron Technology in a research note on Thursday, October 1st. UBS Group restated a "buy" rating and issued a $1,625.00 price objective (up from $535.00) on shares of Micron Technology in a report on Wednesday, September 23rd. Finally, Robert W. Baird raised their target price on Micron Technology from $1,280.00 to $1,520.00 and gave the company an "outperform" rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, forty-one have assigned a Buy rating and four have issued a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of $1,407.88.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in MU. Andar Capital Management HK Ltd boosted its holdings in shares of Micron Technology by 856,960.3% in the second quarter. Andar Capital Management HK Ltd now owns 34,282,413 shares of the semiconductor manufacturer's stock worth $39,571,847,000 after buying an additional 34,278,413 shares during the period. Primecap Management Co. CA purchased a new position in shares of Micron Technology in the second quarter worth approximately $22,182,263,000. Legal & General Group Plc acquired a new stake in shares of Micron Technology during the second quarter valued at approximately $8,402,393,000. Situational Awareness LP raised its holdings in shares of Micron Technology by 1,149.0% during the second quarter. Situational Awareness LP now owns 4,828,786 shares of the semiconductor manufacturer's stock valued at $5,573,819,000 after acquiring an additional 5,289,124 shares during the period. Finally, Canada Pension Plan Investment Board acquired a new stake in shares of Micron Technology during the second quarter valued at approximately $3,761,237,000. Institutional investors and hedge funds own 80.84% of the company's stock.

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.

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