Micron Technology (NASDAQ:MU) Stock Purchase Disclosed by Rep. John McGuire

Representative John McGuire (Republican-Virginia) recently bought shares of Micron Technology, Inc. (NASDAQ:MU). In a filing disclosed on November 1st, the Representative disclosed that they had bought between $1,001 and $15,000 in Micron Technology stock on September 25th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.

Representative John McGuire also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 10/1/2026.
• Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/18/2026.
• Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/18/2026.

Micron Technology Price Performance

Shares of Micron Technology stock opened at $833.59 on Tuesday. The business’s fifty day moving average price is $976.02 and its 200 day moving average price is $747.00. Micron Technology, Inc. has a twelve month low of $192.59 and a twelve month high of $1,255.00. The company has a current ratio of 3.31, a quick ratio of 2.94 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $943.14 billion, a P/E ratio of 11.23, a PEG ratio of 0.17 and a beta of 2.22.

Micron Technology (NASDAQ:MU) last announced its quarterly earnings results on Wednesday, September 30th. The semiconductor manufacturer reported $33.42 EPS for the quarter, topping the consensus estimate of $31.77 by $1.65. The company had revenue of $54.23 billion during the quarter, compared to analyst estimates of $51.33 billion. Micron Technology had a return on equity of 92.62% and a net margin of 63.80%. The firm’s revenue was up 379.1% on a year-over-year basis. During the same period in the prior year, the firm posted $3.03 earnings per share. Micron Technology has set its Q1 2027 guidance at 37.150-39.150 EPS. As a group, research analysts anticipate that Micron Technology, Inc. will post 177.03 earnings per share for the current year.

Micron Technology Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 29th. Investors of record on Wednesday, October 14th were issued a $0.15 dividend. The ex-dividend date was Wednesday, October 14th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Micron Technology’s dividend payout ratio (DPR) is presently 0.81%.

More Micron Technology News

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

• Positive Sentiment: Long-term AI demand remains a major support. SK hynix reported record results and said memory demand could exceed supply through 2030. Micron has secured 26 multiyear customer agreements covering more than 35% of projected revenue through 2030 and has worked with Nvidia on next-generation memory products. SK hynix Says Memory Demand Beats Supply Through 2030
• Positive Sentiment: Potential buybacks could provide support. Micron is reportedly expected to significantly increase share repurchases after federal Chips Act restrictions expire on Dec. 9, which could boost per-share earnings and signal management confidence. Micron Expected to Launch Massive Stock Buybacks in December
• Neutral Sentiment: Analyst sentiment remains broadly optimistic, with some analysts arguing Micron could rise substantially because its valuation appears low relative to expected fiscal 2027 earnings. However, the stock’s high beta and memory-market cyclicality make forecasts particularly sensitive to pricing and demand assumptions. Are Wall Street Analysts Predicting Micron Technology Stock Will Climb or Sink?
• Negative Sentiment: Kioxia’s cautious outlook triggered renewed selling across memory stocks. The warning raised concerns that the current memory shortage and elevated pricing may eventually ease, pressuring Micron’s earnings and margins. Micron Falls as Kioxia’s Cautious Outlook Hits Memory Stocks
• Negative Sentiment: Investors are questioning whether Micron has already peaked. Falling trading volume, lingering AI-spending concerns and the historical boom-and-bust nature of memory chips are weighing on sentiment. Some market commentators believe the stock has not yet fallen enough to become attractive. Micron Technology: Is This a Sign That Its Stock Has Already Peaked?

Wall Street Analyst Weigh In

A number of equities research analysts have recently issued reports on the company. Deutsche Bank Aktiengesellschaft reiterated a “buy” rating on shares of Micron Technology in a research note on Thursday, October 1st. Citigroup upped their target price on shares of Micron Technology from $1,150.00 to $1,300.00 and gave the company a “buy” rating in a research note on Wednesday, September 23rd. The Goldman Sachs Group set a $1,250.00 price objective on shares of Micron Technology in a report on Thursday, October 1st. Zacks Research raised shares of Micron Technology from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Finally, TD Cowen reiterated a “buy” rating and issued a $1,600.00 price objective on shares of Micron Technology in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, forty-one have issued a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,407.88.

Insider Transactions at Micron Technology

In related news, CEO Sanjay Mehrotra sold 40,000 shares of the business’s stock in a transaction dated Friday, August 21st. The stock was sold at an average price of $968.90, for a total value of $38,756,000.00. Following the completion of the transaction, the chief executive officer owned 264,503 shares of the company’s stock, valued at $256,276,956.70. The trade was a 13.14% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, insider Scott J. Deboer sold 28,545 shares of the company’s stock in a transaction dated Friday, October 16th. The stock was sold at an average price of $900.00, for a total transaction of $25,690,500.00. Following the sale, the insider directly owned 147,430 shares of the company’s stock, valued at $132,687,000. This represents a 16.22% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 83,545 shares of company stock valued at $78,460,850. 0.24% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Micron Technology

Large investors have recently made changes to their positions in the business. Bullseye Investment Management LLC acquired a new stake in Micron Technology during the second quarter worth approximately $27,000. Aventus Investment Advisors Inc. acquired a new position in Micron Technology in the 3rd quarter valued at $30,000. Steph & Co. acquired a new position in Micron Technology in the 3rd quarter valued at $31,000. Montgomery Financial Services LLC bought a new stake in shares of Micron Technology during the 2nd quarter valued at $38,000. Finally, JNBA Financial Advisors lifted its position in shares of Micron Technology by 77.3% during the 2nd quarter. JNBA Financial Advisors now owns 39 shares of the semiconductor manufacturer’s stock valued at $45,000 after acquiring an additional 17 shares during the period. Institutional investors own 80.84% of the company’s stock.

About Representative McGuire

John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.

John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.

Micron Technology Company Profile

Micron Technology, Inc is a semiconductor company that develops and manufactures memory and storage products. Its portfolio includes dynamic random-access memory (DRAM), NAND flash memory, NOR flash memory, solid-state drives, memory modules, and other semiconductor solutions used in data centers, personal computers, smartphones, automotive systems, industrial equipment, and consumer electronics.

The company also provides high-bandwidth memory and other advanced memory technologies designed to support artificial intelligence, high-performance computing, networking, and graphics applications.