MICRON ($MU) posted quarterly earnings results on Thursday, March 20th. The company reported earnings of $1.56 per share, beating estimates of $1.47 by $0.09. The company also reported revenue of $8,053,000,000, missing estimates of $8,128,691,031 by $-75,691,031.
You can see Quiver Quantitative's $MU stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
MICRON Insider Trading Activity
MICRON 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
- MICHAEL CHARLES RAY (SVP, Chief Legal Officer) has made 0 purchases and 2 sales selling 13,050 shares for an estimated $1,305,000.
- MICHAEL W BOKAN (SVP, Worldwide Sales) sold 10,000 shares for an estimated $1,090,300
- APRIL S ARNZEN (EVP and Chief People Officer) has made 0 purchases and 2 sales selling 9,780 shares for an estimated $969,246.
- 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 6 sales selling 2,404 shares for an estimated $223,392.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
MICRON Hedge Fund Activity
We have seen 819 institutional investors add shares of MICRON stock to their portfolio, and 1,017 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.
MICRON Government Contracts
We have seen $4,185,290 of award payments to $MU over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- MEMBRANE COVERS PHASE VI: $1,999,983
- OPTION YEAR 2 MAINTENANCE: $1,077,448
- EV CHARGERS, PHASE I MINOR CONSTRUCTION: $596,098
- MWR RENOVATIONS: $236,980
- LAKE BUCK LODGE EVENT VENUE MINOR CON.: $189,780
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
MICRON Congressional Stock Trading
Members of Congress have traded $MU stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $MU stock by members of Congress over the last 6 months:
- SENATOR ASHLEY MOODY purchased up to $100,000 on 01/22.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard.
MICRON Analyst Ratings
Wall Street analysts have issued reports on $MU in the last several months. We have seen 12 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Wedbush issued a "Outperform" rating on 12/19/2024
- Citigroup issued a "Buy" rating on 12/19/2024
- Barclays issued a "Overweight" rating on 12/19/2024
- Wells Fargo issued a "Overweight" rating on 12/19/2024
- KeyBanc issued a "Overweight" rating on 12/19/2024
- Bank of America Securities issued a "Buy" rating on 10/14/2024
- Cantor Fitzgerald issued a "Overweight" rating on 10/01/2024
To track analyst ratings and price targets for MICRON, check out Quiver Quantitative's $MU forecast page.
MICRON Price Targets
Multiple analysts have issued price targets for $MU recently. We have seen 10 analysts offer price targets for $MU in the last 6 months, with a median target of $127.5.
Here are some recent targets:
- 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
- Vivek Arya from Bank of America Securities set a target price of $125.0 on 10/14/2024
- Mark Li from Bernstein set a target price of $140.0 on 09/27/2024
- Joseph Moore from Morgan Stanley set a target price of $57.0 on 09/26/2024
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
