Steven Gomo Sells 5,000 Shares of Micron Technology (NASDAQ:MU) Stock

Micron Technology, Inc. (NASDAQ:MU) Director Steven Gomo sold 5,000 shares of the business’s stock in a transaction dated Friday, December 19th. The stock was sold at an average price of $263.63, for a total transaction of $1,318,150.00. Following the completion of the sale, the director owned 19,139 shares in the company, valued at approximately $5,045,614.57. This trade represents a 20.71% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Micron Technology Stock Performance

NASDAQ:MU opened at $286.98 on Thursday. The company has a current ratio of 2.46, a quick ratio of 1.78 and a debt-to-equity ratio of 0.19. The company has a 50-day moving average of $233.72 and a 200-day moving average of $168.67. Micron Technology, Inc. has a twelve month low of $61.54 and a twelve month high of $289.30. The firm has a market cap of $323.00 billion, a price-to-earnings ratio of 27.28, a price-to-earnings-growth ratio of 0.17 and a beta of 1.54.

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

Micron Technology Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 14th. Stockholders of record on Monday, December 29th will be issued a dividend of $0.115 per share. This represents a $0.46 annualized dividend and a dividend yield of 0.2%. The ex-dividend date of this dividend is Monday, December 29th. Micron Technology’s dividend payout ratio is currently 4.37%.

Trending Headlines about Micron Technology

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

• Positive Sentiment: Blowout Q1 results and forward visibility — Micron beat revenue and EPS estimates, reported strong margins and said HBM capacity is sold out through 2026 with much pricing locked, giving multi‑quarter revenue and margin visibility. Read More.
• Positive Sentiment: HBM supply tightness supports pricing power — industry coverage argues constrained HBM supply through 2026–27, boosting HBM pricing and underpinning Micron’s margin expansion and data‑center revenue share gains. Read More.
• Positive Sentiment: Strategic CapEx and product road‑map — Micron is accelerating domestic capacity (Idaho fab timing pulled forward) and sampling next‑gen HBM4, positioning it to capture AI GPU share as demand stays strong. Read More.
• Positive Sentiment: Analyst upgrades & higher targets — multiple firms raised ratings/targets (median targets rising, some bullish calls into the $300–$500 range), which fuels buying and institutional window‑dressing into year‑end. Read More.
• Neutral Sentiment: Broader market tailwind — strength in major indices and the AI trade lifted many infrastructure names, helping momentum flow into Micron alongside sector leadership. Read More.
• Negative Sentiment: Insider selling and concentration of sales — recent SEC filings show directors/executives sold shares (e.g., Steven Gomo, April Arnzen) and datasets report many insider sales over months, which some investors view as a cautionary signal. Read More.
• Negative Sentiment: Valuation and mean‑reversion risk — commentators warn the rapid run may overshoot near‑term fundamentals; high CapEx, fab execution risk or easing HBM prices could cause sharp reversals. Read More.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MU. Barclays raised their target price on shares of Micron Technology from $240.00 to $275.00 and gave the stock an “overweight” rating in a report on Thursday, December 18th. Needham & Company LLC raised their price objective on shares of Micron Technology from $200.00 to $300.00 and gave the stock a “buy” rating in a research note on Tuesday, December 16th. CLSA started coverage on shares of Micron Technology in a research note on Wednesday, August 27th. They set an “outperform” rating and a $155.00 target price on the stock. New Street Research reaffirmed a “neutral” rating on shares of Micron Technology in a research report on Tuesday, October 14th. Finally, Itau BBA Securities reissued an “outperform” rating on shares of Micron Technology in a research report on Thursday, December 18th. Five analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and an average target price of $282.61.

Institutional Trading of Micron Technology

Several hedge funds and other institutional investors have recently modified their holdings of the company. American Capital Advisory LLC increased its position in Micron Technology by 20.4% in the 3rd quarter. American Capital Advisory LLC now owns 272 shares of the semiconductor manufacturer’s stock worth $46,000 after purchasing an additional 46 shares during the last quarter. Winthrop Capital Management LLC increased its holdings in Micron Technology by 4.0% in the third quarter. Winthrop Capital Management LLC now owns 1,234 shares of the semiconductor manufacturer’s stock worth $206,000 after buying an additional 47 shares during the last quarter. Main Street Research LLC increased its holdings in Micron Technology by 0.8% in the third quarter. Main Street Research LLC now owns 5,976 shares of the semiconductor manufacturer’s stock worth $1,000,000 after buying an additional 47 shares during the last quarter. Vivaldi Capital Management LP raised its position in Micron Technology by 2.6% during the third quarter. Vivaldi Capital Management LP now owns 1,940 shares of the semiconductor manufacturer’s stock valued at $325,000 after acquiring an additional 49 shares in the last quarter. Finally, Teamwork Financial Advisors LLC lifted its stake in Micron Technology by 0.4% in the third quarter. Teamwork Financial Advisors LLC now owns 14,974 shares of the semiconductor manufacturer’s stock valued at $2,505,000 after acquiring an additional 53 shares during the last quarter. 80.84% of the stock is currently owned by hedge funds and other institutional investors.

Micron Technology Company Profile

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.