Micron Technology (NASDAQ:MU) Shares Unloaded Sen. John Boozman

Key Points

• Senator John Boozman sold between $1,001 and $15,000 in shares of Micron Technology on September 17th, according to a disclosure filed on October 10th.
• Micron Technology reported earnings of $2.86 per share for the quarter, matching analyst expectations, with a revenue of $11.32 billion—up 46.1% year-over-year.
• The company announced a quarterly dividend of $0.115 per share, payable on October 21st, which represents an annual yield of 0.3%.

Senator John Boozman (R-Arkansas) recently sold shares of Micron Technology, Inc. NASDAQ: MU. In a filing disclosed on October 10th, the Senator disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on September 17th.

Senator John Boozman also recently made the following trade(s):

• Purchased $15,001 - $50,000 in shares of Alphabet NASDAQ: GOOGL on 9/17/2025.
• Sold $1,001 - $15,000 in shares of Goldman Sachs Access Treasury 0-1 Year ETF NYSEARCA: GBIL on 9/16/2025.
• Sold $1,001 - $15,000 in shares of iShares Agency Bond ETF NYSEARCA: AGZ on 9/16/2025.
• Sold $1,001 - $15,000 in shares of Goldman Sachs Access Investment Grade Corporate Bond ETF NYSEARCA: GIGB on 9/16/2025.
• Sold $1,001 - $15,000 in shares of iShares MBS ETF NASDAQ: MBB on 9/16/2025.
• Sold $1,001 - $15,000 in shares of Janus Henderson Mortgage-Backed Securities ETF NYSEARCA: JMBS on 9/16/2025.
• Sold $15,001 - $50,000 in shares of iShares 20+ Year Treasury Bond ETF NASDAQ: TLT on 9/16/2025.
• Purchased $15,001 - $50,000 in shares of iShares 3-7 Year Treasury Bond ETF NASDAQ: IEI on 9/16/2025.
• Purchased $1,001 - $15,000 in shares of Schwab U.S. TIPS ETF NYSEARCA: SCHP on 9/16/2025.
• Purchased $15,001 - $50,000 in shares of iShares 7-10 Year Treasury Bond ETF NASDAQ: IEF on 9/16/2025.

Micron Technology Trading Down 5.6%

MU stock traded down $10.73 during midday trading on Friday, hitting $181.60. 26,731,334 shares of the company's stock were exchanged, compared to its average volume of 29,487,844. The stock's fifty day moving average price is $142.80 and its 200-day moving average price is $113.85. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.79 and a current ratio of 2.52. The company has a market cap of $203.84 billion, a PE ratio of 23.93, a price-to-earnings-growth ratio of 0.42 and a beta of 1.56. Micron Technology, Inc. has a one year low of $61.54 and a one year high of $201.00.

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

Micron Technology Announces Dividend

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

Insiders Place Their Bets

In related news, Director Richard M. Beyer sold 5,552 shares of Micron Technology stock in a transaction dated Thursday, September 25th. The shares were sold at an average price of $155.68, for a total transaction of $864,335.36. Following the completion of the sale, the director owned 96,031 shares of the company's stock, valued at approximately $14,950,106.08. The trade was a 5.47% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Sanjay Mehrotra sold 21,563 shares of the firm's stock in a transaction that occurred on Tuesday, October 7th. The stock was sold at an average price of $188.47, for a total transaction of $4,063,978.61. Following the sale, the chief executive officer owned 272,648 shares of the company's stock, valued at $51,385,968.56. This trade represents a 7.33% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 146,956 shares of company stock valued at $22,841,025 over the last 90 days. 0.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. The Goldman Sachs Group lifted their target price on Micron Technology from $145.00 to $180.00 and gave the stock a "neutral" rating in a report on Thursday. KGI Securities raised Micron Technology from a "hold" rating to a "strong-buy" rating in a research note on Wednesday, September 24th. Weiss Ratings reissued a "hold (c)" rating on shares of Micron Technology in a research note on Saturday, September 27th. Itau BBA Securities initiated coverage on Micron Technology in a research note on Tuesday. They issued an "outperform" rating and a $249.00 price target on the stock. Finally, Needham & Company LLC lifted their price target on Micron Technology from $150.00 to $200.00 and gave the company a "buy" rating in a research note on Wednesday, September 24th. Four research analysts have rated the stock with a Strong Buy rating, twenty-four have issued a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Buy" and a consensus price target of $191.78.

Institutional Trading of Micron Technology

Hedge funds and other institutional investors have recently modified their holdings of the stock. First Command Advisory Services Inc. increased its position in shares of Micron Technology by 225.0% in the second quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer's stock valued at $27,000 after acquiring an additional 153 shares during the last quarter. Howard Hughes Medical Institute acquired a new stake in shares of Micron Technology in the second quarter valued at about $30,000. Opal Wealth Advisors LLC acquired a new position in Micron Technology during the first quarter worth approximately $33,000. AlphaQuest LLC raised its stake in Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer's stock valued at $33,000 after buying an additional 265 shares during the period. Finally, WealthCollab LLC lifted its position in shares of Micron Technology by 4,500.0% in the second quarter. WealthCollab LLC now owns 276 shares of the semiconductor manufacturer's stock valued at $34,000 after buying an additional 270 shares during the last quarter. Institutional investors and hedge funds own 80.84% of the company's stock.

About Senator Boozman

John Boozman (Republican Party) is a member of the U.S. Senate from Arkansas. He assumed office on January 3, 2011. His current term ends on January 3, 2029. Boozman (Republican Party) ran for re-election to the U.S. Senate to represent Arkansas. He won in the general election on November 8, 2022. Boozman won re-election in 2016. He faced Democrat Conner Eldridge, Libertarian Frank Gilbert, and write-in candidate Jason Tate in the general election. Arkansas' U.S. Senate race was rated as safely Republican in 2016. Boozman began his political career in the U.S. House. He won a special election in 2001 and served in that position until his election to the Senate in 2010. Prior to his political career, Boozman worked as an optometrist. As of a 2014 analysis of multiple outside rankings, Boozman is an average Republican member of Congress, meaning he will vote with the Republican Party on the majority of bills. Below is an abbreviated outline of Boozman's academic, professional, and political career: 2011-Present: U.S. Senator from Arkansas 2001-2011: U.S. Representative from Arkansas 1977: Graduated from Southern College of Optometry

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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