Rep. Lisa C. McClain Sells Off Shares of Micron Technology, Inc. (NASDAQ:MU)

Key Points

• Representative Lisa C. McClain sold shares of Micron Technology, valued between $1,001 and $15,000, on August 4th, as disclosed in a filing.
• Micron Technology's stock experienced a slight increase of 0.7%, reaching $158.82, with a market capitalization of $177.74 billion.
• The company announced a quarterly dividend of $0.115 per share, translating to an annualized dividend of $0.46 and a yield of 0.3%.

Representative Lisa C. McClain (R-Michigan) recently sold shares of Micron Technology, Inc. NASDAQ: MU. In a filing disclosed on September 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on August 4th. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $50,001 - $100,000 in shares of Taiwan Semiconductor Manufacturing NYSE: TSM on 8/28/2025.
• Purchased $1,001 - $15,000 in shares of ACI Worldwide NASDAQ: ACIW on 8/19/2025.
• Purchased $1,001 - $15,000 in shares of HCA Healthcare NYSE: HCA on 8/19/2025.
• Sold $1,001 - $15,000 in shares of Amedisys NASDAQ: AMED on 8/18/2025.
• Purchased $1,001 - $15,000 in shares of Kite Realty Group Trust NYSE: KRG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of ServiceNow NYSE: NOW on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of JD.com NASDAQ: JD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Trade Desk NASDAQ: TTD on 8/13/2025.
• Sold $1,001 - $15,000 in shares of US Foods NYSE: USFD on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Agree Realty NYSE: ADC on 8/13/2025.

Micron Technology Stock Up 0.7%

Shares of Micron Technology stock traded up $1.05 during midday trading on Tuesday, hitting $158.82. The company's stock had a trading volume of 16,855,765 shares, compared to its average volume of 19,194,038. The firm has a market capitalization of $177.74 billion, a P/E ratio of 28.62 and a beta of 1.47. The stock has a 50-day simple moving average of $121.38 and a 200-day simple moving average of $104.16. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30. Micron Technology, Inc. has a 1-year low of $61.54 and a 1-year high of $160.34.

Micron Technology (NASDAQ:MU - Get Free Report) last issued its earnings results on Wednesday, June 25th. The semiconductor manufacturer reported $1.91 EPS for the quarter, topping the consensus estimate of $1.57 by $0.34. The business had revenue of $9.30 billion during the quarter, compared to analysts' expectations of $8.83 billion. Micron Technology had a return on equity of 13.60% and a net margin of 18.41%.During the same quarter last year, the firm posted $0.62 earnings per share. Micron Technology has set its Q4 2025 guidance at 2.350-2.650 EPS. As a group, sell-side analysts expect that Micron Technology, Inc. will post 6.08 earnings per share for the current year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, July 22nd. Stockholders of record on Monday, July 7th were given a $0.115 dividend. This represents a $0.46 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, July 7th. Micron Technology's dividend payout ratio (DPR) is 8.29%.

Hedge Funds Weigh In On Micron Technology

Institutional investors have recently made changes to their positions in the business. Sunbeam Capital Management LLC bought a new position in shares of Micron Technology in the fourth quarter worth about $26,000. First Command Advisory Services Inc. increased its stake 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 worth $27,000 after purchasing an additional 153 shares during the period. Howard Hughes Medical Institute bought a new position in shares of Micron Technology in the second quarter worth about $30,000. Opal Wealth Advisors LLC bought a new position in shares of Micron Technology in the first quarter worth about $33,000. Finally, AlphaQuest LLC increased its stake in shares of Micron Technology by 13,250.0% in the second quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer's stock worth $33,000 after purchasing an additional 265 shares during the period. 80.84% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In related news, CFO Mark J. Murphy sold 34,000 shares of the business's stock in a transaction dated Tuesday, July 22nd. The stock was sold at an average price of $109.32, for a total transaction of $3,716,880.00. Following the transaction, the chief financial officer directly owned 264,036 shares in the company, valued at $28,864,415.52. The trade was a 11.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Manish H. Bhatia sold 80,000 shares of the business's stock in a transaction dated Monday, June 30th. The shares were sold at an average price of $123.16, for a total value of $9,852,800.00. Following the transaction, the executive vice president owned 275,067 shares in the company, valued at $33,877,251.72. This represents a 22.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 268,446 shares of company stock valued at $33,055,075 in the last ninety days. Company insiders own 0.30% of the company's stock.

Analysts Set New Price Targets

Several equities research analysts recently commented on MU shares. KGI Securities cut Micron Technology from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, July 23rd. Morgan Stanley boosted their price target on Micron Technology from $98.00 to $135.00 and gave the company an "equal weight" rating in a research note on Thursday, June 26th. Wall Street Zen cut Micron Technology from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Raymond James Financial boosted their price target on Micron Technology from $120.00 to $150.00 and gave the stock an "outperform" rating in a research report on Thursday, June 26th. Finally, Susquehanna boosted their price target on Micron Technology from $150.00 to $160.00 and gave the stock a "positive" rating in a research report on Thursday, June 26th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $157.24.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Micron Technology Company Profile

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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