Rep. Gilbert Ray Cisneros, Jr. Buys Micron Technology, Inc. (NASDAQ:MU) Shares

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed a purchase of Micron Technology (MU) stock worth between $1,001 and $15,000 on March 25 in his "150 MAIN STREET TRUST > BANK OF AMERICA" account.
• Micron shares jumped (opening at $406.73, up ~7.7%) amid analyst price-target upgrades and heavy institutional buying, and the company raised its quarterly dividend to $0.15 (annualized $0.60, ~0.1% yield) with a consensus MarketBeat target of about $464.61.
• Insider and institutional activity is notable: director Teyin M. Liu bought 7,820 shares while EVP Sumit Sadana sold 25,000 shares, insiders were net sellers over 90 days, and institutions own roughly 80.84% of Micron stock.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on March 25th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
• Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.

Micron Technology Stock Up 7.7%

Micron Technology stock opened at $406.73 on Thursday. The company's 50 day simple moving average is $401.66 and its 200 day simple moving average is $304.60. Micron Technology, Inc. has a fifty-two week low of $63.70 and a fifty-two week high of $471.34. The firm has a market capitalization of $458.68 billion, a price-to-earnings ratio of 19.20 and a beta of 1.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.90 and a quick ratio of 2.32.

Micron Technology Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 15th. Investors of record on Monday, March 30th will be paid a dividend of $0.15 per share. This represents a $0.60 annualized dividend and a yield of 0.1%. The ex-dividend date of this dividend is Monday, March 30th. This is a positive change from Micron Technology's previous quarterly dividend of $0.12. Micron Technology's payout ratio is 2.83%.

Insider Buying and Selling at Micron Technology

In other Micron Technology news, Director Teyin M. Liu acquired 7,820 shares of the stock in a transaction dated Wednesday, January 14th. The shares were bought at an average cost of $337.50 per share, for a total transaction of $2,639,250.00. Following the completion of the acquisition, the director directly owned 25,910 shares of the company's stock, valued at approximately $8,744,625. This trade represents a 43.23% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Sumit Sadana sold 25,000 shares of Micron Technology stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $429.89, for a total transaction of $10,747,250.00. Following the completion of the sale, the executive vice president owned 248,021 shares in the company, valued at $106,621,747.69. This trade represents a 9.16% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have purchased 23,200 shares of company stock valued at $7,821,723 and have sold 91,623 shares valued at $35,053,508. Insiders own 0.24% of the company's stock.

Institutional Trading of Micron Technology

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Purpose Unlimited Inc. acquired a new stake in shares of Micron Technology in the fourth quarter valued at approximately $228,000. Stance Capital LLC acquired a new stake in shares of Micron Technology in the fourth quarter valued at approximately $1,542,000. Osbon Capital Management LLC acquired a new stake in shares of Micron Technology in the fourth quarter valued at approximately $45,000. Fund Advisors of America Inc FL acquired a new stake in shares of Micron Technology in the fourth quarter valued at approximately $1,274,000. Finally, World Investment Advisors raised its holdings in shares of Micron Technology by 38.1% in the fourth quarter. World Investment Advisors now owns 14,185 shares of the semiconductor manufacturer's stock valued at $4,049,000 after purchasing an additional 3,917 shares during the last quarter. 80.84% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on MU shares. Needham & Company LLC lifted their price target on shares of Micron Technology from $450.00 to $500.00 and gave the company a "buy" rating in a research note on Thursday, March 19th. Mizuho lifted their price target on shares of Micron Technology from $480.00 to $530.00 and gave the company an "outperform" rating in a research note on Thursday, March 19th. HSBC lifted their price target on shares of Micron Technology from $350.00 to $500.00 and gave the company a "buy" rating in a research note on Friday, January 23rd. Rosenblatt Securities reaffirmed a "buy" rating and issued a $500.00 price target on shares of Micron Technology in a research note on Monday, March 16th. Finally, Erste Group Bank lowered shares of Micron Technology from a "buy" rating to a "hold" rating in a research note on Thursday, April 2nd. Five analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and four have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Buy" and a consensus target price of $464.61.

Key Headlines Impacting Micron Technology

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

• Positive Sentiment: UBS raised its price target to $535 and kept a Buy rating, implying meaningful upside and reinforcing buy-side momentum. Micron price target boosted by UBS as memory “super-cycle” defies norms
• Positive Sentiment: Sector rally tied to easing Middle East tensions/ceasefire headlines has drawn money back into memory names, supporting Micron’s move higher. Micron Stock Skyrockets on Ceasefire News
• Positive Sentiment: Micron announced a strategic investment and deal with SiMa.ai to deepen its presence in edge/robotics AI applications — expands market opportunities for power-efficient memory solutions. Micron Deepens AI Push With SiMa.ai Deal
• Positive Sentiment: Micron is expanding DRAM capacity in Taiwan (acquiring Powerchip’s P5 site), a strategic step to capture sustained AI-driven memory demand and relieve supply constraints. Micron Expands Taiwan DRAM Footprint To Capture Long Term AI Demand
• Positive Sentiment: Analyst upgrades, upward EPS revisions and heavy institutional accumulation (MarketBeat notes institutions buying aggressively) are validating the rebound thesis. The Bottom Is in for Micron Stock: 3 Signals to Buy Now
• Neutral Sentiment: Multiple media pieces frame Micron as a core AI/memory play (long-term growth case) — useful context but not new catalysts by themselves. 3 Reasons Growth Investors Will Love Micron (MU)
• Neutral Sentiment: High hedge-fund ownership and inclusion in screens (dividend/growth lists) indicates strong institutional interest — supportive but can amplify volatility on flows. Here is Why Micron Technology (MU) Is Among the Most Owned Stocks by Hedge Funds
• Negative Sentiment: Cyclical risk and “crowded” long positioning warnings remain — if memory pricing or AI demand disappoints, Micron could see sharp reversals. Micron Technology: Crowded Bet On A Cyclical High
• Negative Sentiment: Some analysts remain cautious (recent Hold/downgrade activity), reflecting concerns about near-term volatility and the memory cycle’s swings. Micron Technology (MU) Gets Downgraded by Analyst

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Micron Technology

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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