Senator John Boozman (R-Arkansas) recently sold shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on September 12th, the Senator disclosed that they had sold between $1,001 and $15,000 in Micron Technology stock on August 22nd.
Senator John Boozman also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/22/2025.
- Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 8/22/2025.
- Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/22/2025.
- Purchased $1,001 – $15,000 in shares of Eli Lilly and Company (NYSE:LLY) on 8/11/2025.
- Sold $1,001 – $15,000 in shares of AbbVie (NYSE:ABBV) on 8/11/2025.
- Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/7/2025.
- Purchased $1,001 – $15,000 in shares of iShares MBS ETF (NASDAQ:MBB) on 8/1/2025.
- Sold $1,001 – $15,000 in shares of iShares MSCI EAFE ETF (NYSEARCA:EFA) on 8/1/2025.
- Purchased $1,001 – $15,000 in shares of Goldman Sachs ActiveBeta Emerging Markets Equity ETF (NYSEARCA:GEM) on 8/1/2025.
- Purchased $1,001 – $15,000 in shares of iShares 7-10 Year Treasury Bond ETF (NASDAQ:IEF) on 8/1/2025.
Micron Technology Stock Performance
Shares of MU opened at $159.99 on Thursday. The company has a quick ratio of 1.89, a current ratio of 2.75 and a debt-to-equity ratio of 0.30. The business’s 50 day moving average price is $122.14 and its 200-day moving average price is $104.54. Micron Technology, Inc. has a 52 week low of $61.54 and a 52 week high of $160.59. The stock has a market cap of $179.05 billion, a P/E ratio of 28.83 and a beta of 1.47.
Micron Technology Announces Dividend
The business also recently declared 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 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Monday, July 7th. Micron Technology’s payout ratio is currently 8.29%.
Institutional Investors Weigh In On Micron Technology
Hedge funds and other institutional investors have recently modified their holdings of the stock. Sunbeam Capital Management LLC purchased a new stake in Micron Technology in the 4th quarter worth $26,000. First Command Advisory Services Inc. increased its stake in Micron Technology by 225.0% in the 2nd quarter. First Command Advisory Services Inc. now owns 221 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 153 shares in the last quarter. Howard Hughes Medical Institute purchased a new stake in Micron Technology in the 2nd quarter worth $30,000. Opal Wealth Advisors LLC purchased a new stake in Micron Technology in the 1st quarter worth $33,000. Finally, AlphaQuest LLC increased its stake in Micron Technology by 13,250.0% in the 2nd quarter. AlphaQuest LLC now owns 267 shares of the semiconductor manufacturer’s stock worth $33,000 after buying an additional 265 shares in the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
MU has been the topic of several analyst reports. Rosenblatt Securities reaffirmed a “buy” rating and issued a $200.00 price objective on shares of Micron Technology in a research report on Monday, August 11th. Bank of America upped their price objective on Micron Technology from $84.00 to $140.00 and gave the company a “neutral” rating in a research report on Thursday, June 26th. Erste Group Bank initiated coverage on Micron Technology in a research report on Thursday, August 14th. They issued a “buy” rating on the stock. CLSA initiated coverage on Micron Technology in a research report on Wednesday, August 27th. They issued an “outperform” rating and a $155.00 price objective on the stock. Finally, Zacks Research raised Micron Technology from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, August 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $159.65.
View Our Latest Research Report on MU
Insiders Place Their Bets
In other Micron Technology news, EVP Manish H. Bhatia sold 80,000 shares of the stock in a transaction on Monday, June 30th. The stock was sold at an average price of $123.16, for a total value of $9,852,800.00. Following the completion of the sale, the executive vice president owned 275,067 shares in the company, valued at approximately $33,877,251.72. This represents a 22.53% 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 7,319 shares of the stock in a transaction on Tuesday, September 16th. The stock was sold at an average price of $158.29, for a total value of $1,158,524.51. Following the completion of the sale, the chief executive officer owned 340,148 shares of the company’s stock, valued at $53,842,026.92. The trade was a 2.11% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 275,946 shares of company stock worth $34,242,567 in the last three months. 0.30% of the stock is owned by company insiders.
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
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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