Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Micron Technology Inc shares valued at $1,442,700 were sold by ARNZEN APRIL S on Mar 25 ’25. At $96.18 per share, ARNZEN APRIL S sold 15,000 shares. The insider’s holdings dropped to 164,769 shares worth approximately $11.42 million following the completion of this transaction.
Also, ARNZEN APRIL S purchased 15,000 shares, netting a total of over 1,442,000 in proceeds.
Before that, RAY MICHAEL CHARLES had sold 6,525 shares from its account. In a trade valued at $652,500, the SVP, Chief Legal Officer traded Micron Technology Inc shares for $100.00 each. Upon closing the transaction, the insider’s holdings decreased to 6,525 shares, worth approximately $6.41 million.
As published in a research note from China Renaissance on March 26, 2025, Micron Technology Inc [MU] has been rated down from a Buy to a Hold and the price target has been revised to $84. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in mid December. As of December 19, 2024, Needham has reiterated its “Buy” rating for MU. Earlier on December 19, 2024, BofA Securities downgraded its rating. Their new recommendation was “a Neutral” for MU stock which previously was a “a Buy”.
Analyzing MU Stock Performance
During the last five days, there has been a drop of approximately -10.97%. Over the course of the year, Micron Technology Inc shares have dropped approximately -17.62%. Shares of the company reached a 52-week high of $110.67 on 01/22/25 and a 52-week low of $61.54 on 04/07/25. A 50-day SMA is recorded $90.03, while a 200-day SMA reached $99.23.
Support And Resistance Levels for Micron Technology Inc (MU)
According to the 24-hour chart, there is a support level at 67.52, which, if violated, would cause prices to drop to 65.70. In the upper region, resistance lies at 70.80. The next price resistance is at 72.26. RSI (Relative Strength Index) is 37.33 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -4.86, which suggests the price will decrease in the coming days. Percent R is at 73.46%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
