Micron Technology Inc (NASDAQ: MU) is -9.06% lower on its value in year-to-date trading and has touched a low of $61.54 and a high of $136.50 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MU stock was last observed hovering at around $119.92 in the last trading session, with the day’s gains setting it 4.5%.
Currently trading at $124.42, the stock is 2.87% and 20.44% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 26.16 million and changing 3.75% at the moment leaves the stock 27.31% off its SMA200. MU registered 47.84% gain for a year compared to 6-month gain of 42.47%. The firm has a 50-day simple moving average (SMA 50) of $103.3072 and a 200-day simple moving average (SMA200) of $97.72685.
The stock witnessed a 17.06% loss in the last 1 month and extending the period to 3 months gives it a 92.24%, and is 0.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.97% over the week and 3.02% over the month.
Micron Technology Inc (MU) has around 48000 employees, a market worth around $139.24B and $33.81B in sales. Current P/E ratio is 22.46 and Fwd P/E is 10.17. Profit margin for the company is 18.41%. Distance from 52-week low is 102.18% and -8.85% from its 52-week high. The company has generated returns on investments over the last 12 months (9.38%).
The EPS is expected to grow by 495.24% this year.
Micron Technology Inc (MU) Top Institutional Holders
2414.0 institutions hold shares in Micron Technology Inc (MU), with institutional investors hold 83.25% of the company’s shares. The shares outstanding are 1.12B, and float is at 1.11B with Short Float at 2.53%. Institutions hold 83.05% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 97.69 million shares valued at $12.85 billion. The investor’s holdings represent 8.8246% of the MU Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 91.82 million shares valued at $12.08 billion to account for 8.2943 of the shares outstanding. The other top investors are FMR LLC which holds 47.1 million shares representing 4.2545% and valued at over $6.19 billion, while STATE STREET CORP holds 4.2269 of the shares totaling 46.79 million with a market value of $6.15 billion.
Micron Technology Inc (MU) Insider Activity
The most recent transaction is an insider sale by McCarthy Mary Pat,the company’sDirector. SEC filings show that McCarthy Mary Pat sold 2,404 shares of the company’s common stock on Jul 01 ’25 at a price of $121.28 per share for a total of $0.29 million. Following the sale, the insider now owns 22550.0 shares.
Micron Technology Inc disclosed in a document filed with the SEC on Jun 30 ’25 that BHATIA MANISH H (EVP, Global Operations) sold a total of 80,000 shares of the company’s common stock. The trade occurred on Jun 30 ’25 and was made at $123.16 per share for $9.85 million. Following the transaction, the insider now directly holds 0.28 million shares of the MU stock.
Still, SEC filings show that on Jun 27 ’25, Sadana Sumit (EVP and Chief Business Officer) disposed off 92,638 shares at an average price of $125.49 for $11.63 million. The insider now directly holds 201,326 shares of Micron Technology Inc (MU).
