Micron Technology Inc’s recently made public that its Director McCarthy Mary Pat unloaded Company’s shares for reported $0.22 million on Mar 03 ’25. In the deal valued at $92.93 per share,2,404 shares were sold. As a result of this transaction, McCarthy Mary Pat now holds 27,358 shares worth roughly $2.38 million.
Then, MARY PAT MCCARTHY bought 4,808 shares, generating $450,173 in total proceeds.
Before that, MEHROTRA SANJAY sold 6,576 shares. Micron Technology Inc shares valued at $692,364 were divested by the President and CEO at a price of $105.29 per share. As a result of the transaction, MEHROTRA SANJAY now holds 579,202 shares, worth roughly $50.44 million.
TD Cowen reiterated its Micron Technology Inc [MU] rating to a Buy in a research note published on December 19, 2024; the price target was $125. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. BofA Securities also remained covering MU and has decreased its forecast on December 19, 2024 with a “Neutral” recommendation from previously “Buy” rating. China Renaissance started covering the stock on October 28, 2024. It rated MU as “a Buy”.
Price Performance Review of MU
On Monday, Micron Technology Inc [NASDAQ:MU] saw its stock fall -6.33% to $87.08. Over the last five days, the stock has lost -3.82%. Micron Technology Inc shares have risen nearly 3.47% since the year began. Nevertheless, the stocks have fallen -8.87% over the past one year. While a 52-week high of $157.54 was reached on 01/22/25, a 52-week low of $83.54 was recorded on 01/02/25. SMA at 50 days reached $95.31, while 200 days put it at $105.86.
Levels Of Support And Resistance For MU Stock
The 24-hour chart illustrates a support level at 84.77, which if violated will result in even more drops to 82.46. On the upside, there is a resistance level at 90.38. A further resistance level may holdings at 93.68. The Relative Strength Index (RSI) on the 14-day chart is 41.70, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.77, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 93.84%. Stochastics %K at 15.70% indicates the stock is a buying.
The most recent change occurred on September 26, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $135.
