Micron Technology (NASDAQ:MU) Shares Gap Up Following Insider Buying Activity

Shares of Micron Technology, Inc. (NASDAQ:MU) gapped up prior to trading on Friday after an insider bought additional shares in the company. The stock had previously closed at $336.63, but opened at $353.10. Micron Technology shares last traded at $354.6810, with a volume of 18,512,584 shares.

Specifically, Director Teyin M. Liu acquired 11,600 shares of Micron Technology stock in a transaction that occurred on Wednesday, January 14th. The stock was purchased at an average price of $337.22 per share, for a total transaction of $3,911,752.00. Following the purchase, the director directly owned 25,910 shares in the company, valued at $8,737,370.20. The trade was a 81.06% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Summit Insights raised Micron Technology to a “strong-buy” rating in a report on Tuesday, September 23rd. Cowen reissued a “buy” rating on shares of Micron Technology in a report on Thursday, December 11th. BNP Paribas Exane raised shares of Micron Technology from an “underperform” rating to an “outperform” rating and set a $270.00 price objective for the company in a report on Monday, October 13th. JPMorgan Chase & Co. increased their target price on shares of Micron Technology from $220.00 to $350.00 and gave the stock an “overweight” rating in a research note on Thursday, December 18th. Finally, Itau BBA Securities restated an “outperform” rating on shares of Micron Technology in a research note on Thursday, December 18th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and three have issued a Hold rating to the company. According to data from MarketBeat.com, Micron Technology currently has an average rating of “Buy” and a consensus price target of $326.66.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Micron celebrated the official groundbreaking for its planned New York “megafab” — a multi‑year, large‑scale investment that underpins long‑term capacity growth for AI DRAM/NAND demand and signals strong political and local support. Read More.
• Positive Sentiment: High‑profile insider buys: former TSMC co‑CEO Mark Liu purchased several million dollars of MU shares and director Teyin M. Liu disclosed a ~$3.9M purchase — management and industry veteran buying is a strong confidence signal for investors. Read More.
• Positive Sentiment: Wall Street lifted targets and coverage: Cantor Fitzgerald and others raised targets (Cantor to $450), RBC initiated with Outperform, Wells Fargo and Citi raised theirs — these notes broaden institutional demand and support higher valuations. Read More.
• Positive Sentiment: Analyst/market commentary points to strong AI data‑center demand and Micron’s HBM ramp, reinforcing revenue/margin upside expectations tied to the AI memory shortage. Read More.
• Neutral Sentiment: Media coverage highlights MU as a top semiconductor/AI pick (Zacks, Investopedia): helps attract flows, but also places MU into a crowded thematic trade that can amplify intra‑day moves. Read More.
• Neutral Sentiment: CEO and company commentary emphasize ongoing AI memory tightness — bullish for fundamentals but timing/size of revenue realization remains the key variable for investors. Read More.
• Negative Sentiment: Risk/volatility reminders: analysts and commentators note MU’s history of sharp drawdowns and the potential for profit‑taking after a massive rerating, which raises short‑term downside risk despite strong momentum. Read More.
• Negative Sentiment: Competition/rotation risk: some analysts warn other AI chip names could soak up investor flows, and thematic rotation could redirect capital away from memory names if expectations shift. Read More.

Micron Technology Stock Up 7.8%

The firm has a market cap of $408.28 billion, a P/E ratio of 34.48, a price-to-earnings-growth ratio of 0.22 and a beta of 1.50. The company’s 50-day simple moving average is $267.89 and its 200 day simple moving average is $192.29. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.46 and a quick ratio of 1.78.

Micron Technology (NASDAQ:MU) last announced its earnings results on Wednesday, December 17th. The semiconductor manufacturer reported $4.78 EPS for the quarter, topping analysts’ consensus estimates of $3.77 by $1.01. The firm had revenue of $13.64 billion during the quarter, compared to analysts’ expectations of $12.62 billion. Micron Technology had a return on equity of 22.71% and a net margin of 28.15%.The company’s quarterly revenue was up 56.7% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.79 EPS. Micron Technology has set its Q2 2026 guidance at 8.220-8.620 EPS. Research analysts anticipate that Micron Technology, Inc. will post 6.08 EPS for the current fiscal year.

Micron Technology Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th were given a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.1%. The ex-dividend date was Monday, December 29th. Micron Technology’s dividend payout ratio (DPR) is 4.37%.

Institutional Investors Weigh In On Micron Technology

Large investors have recently added to or reduced their stakes in the stock. Omnia Family Wealth LLC increased its holdings in shares of Micron Technology by 2.1% in the 4th quarter. Omnia Family Wealth LLC now owns 1,464 shares of the semiconductor manufacturer’s stock valued at $418,000 after acquiring an additional 30 shares during the period. Sunflower Bank N.A. grew its stake in Micron Technology by 2.1% in the fourth quarter. Sunflower Bank N.A. now owns 1,668 shares of the semiconductor manufacturer’s stock valued at $476,000 after purchasing an additional 34 shares during the last quarter. Rialto Wealth Management LLC grew its stake in Micron Technology by 3.5% in the fourth quarter. Rialto Wealth Management LLC now owns 1,061 shares of the semiconductor manufacturer’s stock valued at $303,000 after purchasing an additional 36 shares during the last quarter. Montecito Bank & Trust raised its holdings in Micron Technology by 0.7% in the fourth quarter. Montecito Bank & Trust now owns 5,487 shares of the semiconductor manufacturer’s stock worth $1,566,000 after purchasing an additional 40 shares in the last quarter. Finally, M3 Advisory Group LLC lifted its position in shares of Micron Technology by 2.9% during the fourth quarter. M3 Advisory Group LLC now owns 1,403 shares of the semiconductor manufacturer’s stock valued at $400,000 after buying an additional 40 shares during the last quarter. 80.84% of the stock is owned by hedge funds and other institutional investors.

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.