Micron Technology Inc (NASDAQ: MU) is -8.58% lower on its value in year-to-date trading and has touched a low of $61.54 and a high of $137.13 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 $123.25 in the last trading session, with the day’s gains setting it 24159876.75%.
Currently trading at $24160000.0, the stock is 2.84% and 21.76% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 24.76 million and changing -1.91% at the moment leaves the stock 24.56% off its SMA200. MU registered 43.64% gain for a year compared to 6-month gain of 34.59%. The firm has a 50-day simple moving average (SMA 50) of $99.2858 and a 200-day simple moving average (SMA200) of $97.0567.
The stock witnessed a 27.98% loss in the last 1 month and extending the period to 3 months gives it a 39.13%, and is -5.49% down 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 3.31% over the week and 3.30% over the month.
Micron Technology Inc (MU) has around 48000 employees, a market worth around $135.29B and $33.81B in sales. Current P/E ratio is 21.82 and Fwd P/E is 9.98. Profit margin for the company is 18.41%. Distance from 52-week low is 96.44% and -11.84% 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 495.82% 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 Sadana Sumit, the company’s EVP and Chief Business Officer. SEC filings show that Sadana Sumit sold 92,638 shares of the company’s common stock on Jun 27 ’25 at a price of $125.49 per share for a total of $11.63 million. Following the sale, the insider now owns 0.2 million shares.
Micron Technology Inc disclosed in a document filed with the SEC on Jun 27 ’25 that GOMO STEVEN J (Director) sold a total of 7,000 shares of the company’s common stock. The trade occurred on Jun 27 ’25 and was made at $125.15 per share for $0.88 million. Following the transaction, the insider now directly holds 22762.0 shares of the MU stock.
