Insider Selling: Micron Technology (NASDAQ:MU) Director Sells $1,495,559.00 in Stock

Key Points

• Micron director Lynn Dugle sold 1,300 shares on June 30 for about $1.50 million, trimming her stake by 6.83% while still holding 17,728 shares valued at roughly $20.4 million.
• Micron’s latest quarter was strong, with EPS of $25.11 and revenue of $41.46 billion, both well above analyst estimates; the company also raised guidance for Q4 2026 to $30-$32 EPS.
• Analyst sentiment remains bullish, with several firms lifting price targets to as high as $1,500 and the consensus rating sitting at Buy, though the stock has also faced sector-wide selling and valuation concerns.

Micron Technology, Inc. (NASDAQ:MU - Get Free Report) Director Lynn Dugle sold 1,300 shares of Micron Technology stock in a transaction that occurred on Tuesday, June 30th. The shares were sold at an average price of $1,150.43, for a total transaction of $1,495,559.00. Following the completion of the transaction, the director owned 17,728 shares of the company's stock, valued at $20,394,823.04. This trade represents a 6.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Micron Technology Stock Performance

NASDAQ:MU traded down $56.72 during trading hours on Thursday, reaching $975.56. 61,066,542 shares of the company's stock were exchanged, compared to its average volume of 56,153,400. The company has a quick ratio of 2.98, a current ratio of 3.42 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $1.10 trillion, a price-to-earnings ratio of 22.09 and a beta of 2.14. Micron Technology, Inc. has a 1-year low of $103.38 and a 1-year high of $1,255.00. The company has a 50-day moving average of $856.65 and a 200 day moving average of $544.62.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its quarterly earnings results on Wednesday, June 24th. The semiconductor manufacturer reported $25.11 earnings per share for the quarter, topping the consensus estimate of $21.39 by $3.72. The firm had revenue of $41.46 billion during the quarter, compared to the consensus estimate of $35.91 billion. Micron Technology had a return on equity of 71.13% and a net margin of 55.91%.The company's revenue for the quarter was up 345.8% on a year-over-year basis. During the same period last year, the company earned $1.91 earnings per share. Micron Technology has set its Q4 2026 guidance at 30.000-32.000 EPS. Research analysts anticipate that Micron Technology, Inc. will post 72.94 EPS for the current year.

Micron Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, July 21st. Shareholders of record on Monday, July 6th will be given a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. The ex-dividend date is Monday, July 6th. Micron Technology's dividend payout ratio is 1.36%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron continues to benefit from strong fundamental news, including a new long-term supply agreement with General Motors for automotive memory and storage, which expands its customer base beyond AI data centers. Micron and General Motors Sign Strategic Agreement to Secure Supply and Accelerate Innovation
• Positive Sentiment: Micron’s latest earnings report was described as a major beat, and several analysts reportedly raised price targets or maintained bullish views after the results, reinforcing the company’s strong demand outlook. Micron Stock Gets Set to Go Higher as KeyBanc Analyst Predicts ‘Continued Strong Demand’ in 2026
• Neutral Sentiment: Micron also announced a $250 million commitment to Trump Accounts, which is generating headlines but is less likely to materially change near-term operating results. Micron Technology Announces $250 Mln Investment In Trump Accounts
• Neutral Sentiment: There are still bullish commentary pieces arguing Micron remains a key AI and memory-play, but these are being offset by valuation concerns after the stock’s huge year-to-date surge. Is Micron Stock Too Expensive After Its Huge Run-Up?
• Negative Sentiment: Memory and semiconductor stocks are selling off broadly, with articles pointing to profit-taking, rotation out of high-growth tech, and memory-supply-glut fears hitting MU alongside peers like SanDisk and Western Digital. Micron stock extends decline despite Trump's praise and bullish analyst views
• Negative Sentiment: Morningstar-linked commentary warned investors may want to trim exposure to AI memory names like Micron as the trade cools, adding to caution around the sector’s near-term momentum. Diversifying Tech Portfolios: Navigating AI Chip Surge & Finding New Opportunities
• Negative Sentiment: Additional pressure came from reports of a new class-action lawsuit targeting DRAM makers and from worries that competing supply sources, including possible China sourcing by Apple, could eventually challenge Micron’s pricing power. Samsung, SK Hynix, Micron sued over DRAM prices: what's at stake

Analysts Set New Price Targets

MU has been the subject of a number of recent research reports. Cantor Fitzgerald reissued an "overweight" rating and set a $1,500.00 price target on shares of Micron Technology in a research note on Thursday, June 25th. Rosenblatt Securities raised their target price on shares of Micron Technology from $1,200.00 to $1,500.00 and gave the stock a "buy" rating in a report on Thursday, June 25th. Mizuho upped their price objective on Micron Technology from $1,150.00 to $1,375.00 and gave the stock an "outperform" rating in a research report on Thursday, June 25th. Stifel Nicolaus lifted their price target on shares of Micron Technology from $550.00 to $1,500.00 and gave the company a "buy" rating in a research note on Thursday, June 18th. Finally, Bank of America boosted their target price on shares of Micron Technology from $950.00 to $1,500.00 and gave the stock a "buy" rating in a report on Tuesday, June 23rd. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and three have assigned a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus target price of $1,263.76.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of MU. Brighton Jones LLC grew its holdings in shares of Micron Technology by 18.3% during the fourth quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock worth $532,000 after buying an additional 976 shares in the last quarter. Sivia Capital Partners LLC grew its holdings in Micron Technology by 21.7% in the 2nd quarter. Sivia Capital Partners LLC now owns 3,528 shares of the semiconductor manufacturer's stock valued at $435,000 after buying an additional 628 shares in the last quarter. United Bank acquired a new position in shares of Micron Technology during the 2nd quarter worth approximately $236,000. Schnieders Capital Management LLC. raised its holdings in Micron Technology by 67.9% during the 2nd quarter. Schnieders Capital Management LLC. now owns 16,984 shares of the semiconductor manufacturer's stock valued at $2,093,000 after acquiring an additional 6,867 shares during the period. Finally, Sei Investments Co. grew its holdings in Micron Technology by 5.6% during the 2nd quarter. Sei Investments Co. now owns 405,545 shares of the semiconductor manufacturer's stock valued at $49,987,000 after buying an additional 21,619 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Company Profile

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.

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