$760,000 of MICRON TECHNOLOGY INC. lobbying was just disclosed, from Q4 of 2024, in a new Lobbying Disclosure Act filing.
This included lobbying on issues like:
"Issues generally related to appropriations for defense, energy, education, and workforce development, and commerce, justice, and science agencies. Issues generally related to the implementation of investment tax credits for semiconductor manufacturing (no specific legislation introduced or pending in 2024 Q4); H.R. 2673 - American Innovation and R&D Competitiveness Act of 2023; S.866 - American Innovation and Jobs Act (provisions related to research and development amortization). Issues generally related to environmental permitting processes; Section 1090G if the Senate National Defense Authorization Act; H.R. 4549/ S. 2228 - Building Chips in America Act of 2023 (PL 118-105). Issues generally related to semiconductor manufacturing and U.S. competitiveness."
You can find more data on corporate lobbying on Quiver Quantitative.
MU Congressional Stock Trading
Members of Congress have traded $MU stock 3 times in the past 6 months. Of those trades, 1 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $MU stock by members of Congress over the last 6 months:
- REPRESENTATIVE ROBERT BRESNAHAN sold up to $15,000 on 04/08.
- REPRESENTATIVE JEFFERSON SHREVE sold up to $50,000 on 04/07.
- SENATOR ASHLEY MOODY purchased up to $100,000 on 01/22.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
MU Insider Trading Activity
MU insiders have traded $MU stock on the open market 19 times in the past 6 months. Of those trades, 0 have been purchases and 19 have been sales.
Here’s a breakdown of recent trading of $MU stock by insiders over the last 6 months:
- SCOTT J DEBOER (EVP, CTO and Products Officer) sold 23,047 shares for an estimated $2,304,700
- APRIL S ARNZEN (EVP and Chief People Officer) has made 0 purchases and 2 sales selling 19,890 shares for an estimated $1,859,376.
- MICHAEL CHARLES RAY (SVP, Chief Legal Officer) has made 0 purchases and 2 sales selling 13,050 shares for an estimated $1,305,000.
- SANJAY MEHROTRA (President and CEO) has made 0 purchases and 6 sales selling 7,500 shares for an estimated $784,985.
- SCOTT R. ALLEN (CVP, Chief Accounting Officer) sold 5,000 shares for an estimated $508,800
- MARY PAT MCCARTHY has made 0 purchases and 7 sales selling 4,808 shares for an estimated $415,712.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
MU Hedge Fund Activity
We have seen 860 institutional investors add shares of MU stock to their portfolio, and 868 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CAPITAL WORLD INVESTORS added 15,993,036 shares (+63.7%) to their portfolio in Q4 2024, for an estimated $1,345,973,909
- FMR LLC added 12,249,341 shares (+34.6%) to their portfolio in Q4 2024, for an estimated $1,030,904,538
- CAPITAL RESEARCH GLOBAL INVESTORS added 9,489,579 shares (+139.7%) to their portfolio in Q4 2024, for an estimated $798,642,968
- SUSQUEHANNA INTERNATIONAL GROUP, LLP removed 5,912,656 shares (-85.0%) from their portfolio in Q4 2024, for an estimated $497,609,128
- NORGES BANK added 5,799,020 shares (+49.7%) to their portfolio in Q4 2024, for an estimated $488,045,523
- NATIONAL BANK OF CANADA /FI/ added 4,706,391 shares (+134.4%) to their portfolio in Q4 2024, for an estimated $396,089,866
- TWO SIGMA ADVISERS, LP removed 4,418,000 shares (-96.6%) from their portfolio in Q4 2024, for an estimated $371,818,880
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
MU Analyst Ratings
Wall Street analysts have issued reports on $MU in the last several months. We have seen 3 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Wedbush issued a "Underperform" rating on 04/28/2025
- Citigroup issued a "Buy" rating on 04/01/2025
- Barclays issued a "Overweight" rating on 03/21/2025
- KeyBanc issued a "Overweight" rating on 12/19/2024
To track analyst ratings and price targets for MU, check out Quiver Quantitative's $MU forecast page.
MU Price Targets
Multiple analysts have issued price targets for $MU recently. We have seen 5 analysts offer price targets for $MU in the last 6 months, with a median target of $125.0.
Here are some recent targets:
- An analyst from Morgan Stanley set a target price of $112.0 on 03/21/2025
- Matt Bryson from Wedbush set a target price of $125.0 on 12/19/2024
- Brian Chin from Stifel Nicolaus set a target price of $130.0 on 12/19/2024
- Tom O'Malley from Barclays set a target price of $110.0 on 12/19/2024
- Aaron Rakers from Wells Fargo set a target price of $140.0 on 12/19/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information.
