Micron Technology (NASDAQ:MU) Shares Unloaded Rep. Val T. Hoyle

Key Points

• Representative Val T. Hoyle sold shares of Micron Technology (NASDAQ:MU) valued between $1,001 and $15,000 on September 23rd, disclosing this trade on October 10th.
• Micron reported earnings of $2.86 per share and a revenue of $11.32 billion for the last quarter, exceeding analyst estimates and reflecting a significant year-over-year revenue increase of 46.1%.
• The company's recent dividend declaration indicates a payout of $0.115 per share, yielding approximately 0.3% annually.

Representative Val T. Hoyle (D-Oregon) recently sold shares of Micron Technology, Inc. NASDAQ: MU. In a filing disclosed on October 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on September 23rd. The trade occurred in the Representative's "FIDELITY ROLLOVER IRA" account.

Representative Val T. Hoyle also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Marriott International NASDAQ: MAR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Transdigm Group NYSE: TDG on 9/23/2025.
• Sold $1,001 - $15,000 in shares of H&R Block NYSE: HRB on 9/23/2025.
• Sold $1,001 - $15,000 in shares of NIKE NYSE: NKE on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Bank of New York Mellon NYSE: BK on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Cisco Systems NASDAQ: CSCO on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Capital One Financial NYSE: COF on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Pentair NYSE: PNR on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Heico NYSE: HEI.A on 9/23/2025.
• Sold $1,001 - $15,000 in shares of Target NYSE: TGT on 9/23/2025.

Micron Technology Stock Performance

NASDAQ:MU opened at $181.60 on Friday. The firm's 50-day moving average is $142.80 and its 200-day moving average is $113.85. The company has a market cap of $203.84 billion, a price-to-earnings ratio of 23.93, a PEG ratio of 0.42 and a beta of 1.56. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. Micron Technology, Inc. has a 52-week low of $61.54 and a 52-week high of $201.00.

Micron Technology (NASDAQ:MU - Get Free Report) last released its earnings results on Tuesday, September 23rd. The semiconductor manufacturer reported $2.86 earnings per share for the quarter, hitting analysts' consensus estimates of $2.86. The business had revenue of $11.32 billion for the quarter, compared to the consensus estimate of $11.05 billion. Micron Technology had a return on equity of 17.21% and a net margin of 22.84%.The firm's revenue for the quarter was up 46.1% compared to the same quarter last year. During the same period last year, the business earned $1.18 earnings per share. Micron Technology has set its Q1 2026 guidance at 3.600-3.900 EPS. Equities research analysts anticipate that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, October 21st. Shareholders of record on Friday, October 3rd will be given a $0.115 dividend. This represents a $0.46 annualized dividend and a yield of 0.3%. The ex-dividend date is Friday, October 3rd. Micron Technology's dividend payout ratio (DPR) is currently 6.06%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on MU. Susquehanna boosted their price objective on Micron Technology from $160.00 to $200.00 and gave the company a "positive" rating in a research report on Wednesday, September 17th. Arete Research upgraded shares of Micron Technology to a "strong-buy" rating in a research note on Friday, July 18th. TD Cowen lifted their target price on shares of Micron Technology from $150.00 to $180.00 and gave the company a "buy" rating in a research report on Friday, September 19th. Wells Fargo & Company upped their price target on Micron Technology from $170.00 to $220.00 and gave the company an "overweight" rating in a research report on Wednesday, September 24th. Finally, JPMorgan Chase & Co. lifted their price objective on Micron Technology from $185.00 to $220.00 and gave the company an "overweight" rating in a report on Wednesday, September 24th. Four analysts have rated the stock with a Strong Buy rating, twenty-four have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Buy" and a consensus price target of $191.78.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, CEO Sanjay Mehrotra sold 21,563 shares of Micron Technology stock in a transaction on Tuesday, October 7th. The shares were sold at an average price of $188.47, for a total transaction of $4,063,978.61. Following the completion of the sale, the chief executive officer owned 272,648 shares of the company's stock, valued at approximately $51,385,968.56. The trade was a 7.33% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Richard M. Beyer sold 5,552 shares of the company's stock in a transaction on Thursday, September 25th. The shares were sold at an average price of $155.68, for a total transaction of $864,335.36. Following the sale, the director owned 96,031 shares of the company's stock, valued at $14,950,106.08. The trade was a 5.47% decrease in their position. The disclosure for this sale can be found here. Insiders sold a total of 146,956 shares of company stock worth $22,841,025 over the last quarter. Company insiders own 0.30% of the company's stock.

Institutional Trading of Micron Technology

Several hedge funds have recently modified their holdings of the stock. Brighton Jones LLC increased its stake in shares of Micron Technology by 18.3% in the 4th quarter. Brighton Jones LLC now owns 6,318 shares of the semiconductor manufacturer's stock valued at $532,000 after buying an additional 976 shares during the period. Wealthcare Advisory Partners LLC boosted its holdings in Micron Technology by 14.2% in the first quarter. Wealthcare Advisory Partners LLC now owns 20,281 shares of the semiconductor manufacturer's stock valued at $1,762,000 after acquiring an additional 2,516 shares during the last quarter. GAMMA Investing LLC increased its position in Micron Technology by 20.5% in the first quarter. GAMMA Investing LLC now owns 21,561 shares of the semiconductor manufacturer's stock worth $1,873,000 after purchasing an additional 3,667 shares during the period. Integrated Advisors Network LLC raised its holdings in Micron Technology by 17.9% during the 1st quarter. Integrated Advisors Network LLC now owns 5,816 shares of the semiconductor manufacturer's stock worth $505,000 after purchasing an additional 882 shares during the last quarter. Finally, CX Institutional lifted its position in Micron Technology by 15.0% during the 1st quarter. CX Institutional now owns 7,854 shares of the semiconductor manufacturer's stock valued at $682,000 after purchasing an additional 1,027 shares during the period. 80.84% of the stock is owned by institutional investors.

About Representative Hoyle

Val Hoyle (Democratic Party) is a member of the U.S. House, representing Oregon's 4th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. Hoyle (Democratic Party) is running for re-election to the U.S. House to represent Oregon's 4th Congressional District. She declared candidacy for the 2026 election. Val Hoyle was born in California and lives in Springfield, Oregon. Hoyle graduated from Merrimack High School. She earned a B.A. in political science from Emmanuel College in 1992. Her career experience includes working as a director at United Way of Lane County, a policy fellow at Wayne Morse Center for Law and Politics, and a commissioner at the Oregon Bureau of Labor and Industries. Hoyle has also worked in domestic and international sales, as well as manufacturing distribution.

About Micron Technology

Micron Technology, Inc designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels.

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