Earnings Surge: Micron posted robust third-quarter results with revenue climbing sharply to over $41 billion and gross margins hitting 84.6 percent. Market observers note the company's long-term supply agreements are locking in demand for years amid persistent shortages.
Stock Dip Reaction: Shares fell nearly 6 percent in recent trading amid a broader semiconductor pullback ahead of key industry updates. Participants emphasize that the AI memory thesis stays intact despite short-term volatility and point to ongoing investments in advanced facilities.
Analyst Outlook: Commentary focuses on how data center needs continue to exceed available supply, supporting elevated pricing power. The overall tone reflects sustained confidence in the sector's structural shift toward high-margin infrastructure.
Note: This discussion summary was generated from an AI condensation of post data.
Micron Technology Insider Trading Activity
Micron Technology insiders have traded $MU stock on the open market 209 times in the past 6 months. Of those trades, 0 have been purchases and 209 have been sales.
Here’s a breakdown of recent trading of $MU stock by insiders over the last 6 months:
- SANJAY MEHROTRA (President and CEO) has made 0 purchases and 154 sales selling 160,000 shares for an estimated $143,530,053.
- APRIL S ARNZEN (EVP and Chief People Officer) has made 0 purchases and 22 sales selling 80,000 shares for an estimated $57,253,234.
- SUMIT SADANA (EVP and Chief Business Officer) has made 0 purchases and 2 sales selling 39,000 shares for an estimated $24,126,750.
- MICHAEL CHARLES RAY (SVP, Chief Legal Officer) has made 0 purchases and 25 sales selling 7,601 shares for an estimated $4,061,206.
- MICHAEL D CORDANO (EVP, Worldwide Sales) has made 0 purchases and 2 sales selling 6,814 shares for an estimated $2,915,744.
- STEVEN J GOMO has made 0 purchases and 2 sales selling 2,000 shares for an estimated $1,574,070.
- LYNN A DUGLE sold 1,300 shares for an estimated $1,495,559
- SCOTT R. ALLEN (CVP, Chief Accounting Officer) sold 879 shares for an estimated $879,000
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Micron Technology Revenue
Micron Technology had revenues of $41.5B in Q3 2026. This is an increase of 345.72% from the same period in the prior year.
You can track MU financials on Quiver Quantitative's MU stock page.
You can access data on MU stock through the Quiver Quantitative API.
Micron Technology Congressional Stock Trading
Members of Congress have traded $MU stock 11 times in the past 6 months. Of those trades, 8 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $MU stock by members of Congress over the last 6 months:
- REPRESENTATIVE DAN NEWHOUSE purchased up to $15,000 on 07/10.
- REPRESENTATIVE MICHAEL A. RULLI purchased up to $15,000 on 06/25.
- SENATOR SHELDON WHITEHOUSE purchased up to $15,000 on 06/25.
- REPRESENTATIVE GILBERT RAY CISNEROS, JR. has traded it 4 times. They made 2 purchases worth up to $30,000 on 03/25, 02/24 and 2 sales worth up to $30,000 on 06/05, 05/15.
- REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 05/21.
- SENATOR JOHN FETTERMAN purchased up to $15,000 on 03/30.
- SENATOR ALAN ARMSTRONG purchased up to $50,000 on 03/27.
- REPRESENTATIVE DWIGHT EVANS sold up to $50,000 on 03/24.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
Micron Technology Hedge Fund Activity
We have seen 2,273 institutional investors add shares of Micron Technology stock to their portfolio, and 1,609 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- JPMORGAN CHASE & CO added 25,836,011 shares (+inf%) to their portfolio in Q2 2026, for an estimated $29,822,249,137
- INVESCO LTD. added 24,254,555 shares (+201.1%) to their portfolio in Q2 2026, for an estimated $27,996,790,290
- CAPITAL WORLD INVESTORS removed 12,584,746 shares (-29.9%) from their portfolio in Q2 2026, for an estimated $14,526,446,460
- PRICE T ROWE ASSOCIATES INC /MD/ added 8,827,282 shares (+165.3%) to their portfolio in Q2 2026, for an estimated $10,189,243,339
- NORGES BANK removed 7,360,258 shares (-32.7%) from their portfolio in Q2 2026, for an estimated $8,495,872,206
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 6,966,392 shares (+inf%) to their portfolio in Q2 2026, for an estimated $8,041,236,621
- GOLDMAN SACHS GROUP INC added 5,526,936 shares (+44.0%) to their portfolio in Q2 2026, for an estimated $6,379,686,955
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Micron Technology Price Targets
Multiple analysts have issued price targets for $MU recently. We have seen 25 analysts offer price targets for $MU in the last 6 months, with a median target of $1500.0.
Here are some recent targets:
- C.J. Muse from Cantor Fitzgerald set a target price of $2000.0 on 06/29/2026
- James Schneider from Goldman Sachs set a target price of $1100.0 on 06/25/2026
- N. Quinn Bolton from Needham set a target price of $1650.0 on 06/25/2026
- Atif Malik from Citigroup set a target price of $1400.0 on 06/25/2026
- Vijay Rakesh from Mizuho set a target price of $1375.0 on 06/25/2026
- Melissa Weathers from Deutsche Bank set a target price of $1550.0 on 06/25/2026
- Matt Bryson from Wedbush set a target price of $1400.0 on 06/25/2026
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.
