Micron Technology Inc’s recent filing unveils that its Director McCarthy Mary Pat unloaded Company’s shares for reported $0.19 million on May 02 ’25. In the deal valued at $80.00 per share,2,404 shares were sold. As a result of this transaction, McCarthy Mary Pat now holds 24,954 shares worth roughly $2.14 million.
Then, ARNZEN APRIL S sold 15,000 shares, generating $1,442,700 in total proceeds. Upon selling the shares at $96.18, the EVP and Chief People Officer now owns 164,769 shares.
Before that, ARNZEN APRIL S bought 15,000 shares. Micron Technology Inc shares valued at $1,442,000 were divested by the Officer at a price of $96.13 per share.
China Renaissance downgraded its Micron Technology Inc [MU] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid December has reiterated a ‘”a Buy”‘ rating for it. Needham also remained covering MU and reiterated its “Buy” recommendation on December 19, 2024. BofA Securities revised its rating on December 19, 2024. It rated MU as “a Neutral” which previously was an “a Buy”.
Price Performance Review of MU
On Friday, Micron Technology Inc [NASDAQ:MU] saw its stock jump 0.83% to $85.86. Over the last five days, the stock has gained 6.37%. Micron Technology Inc shares have risen nearly 2.02% since the year began. Nevertheless, the stocks have fallen -27.98% over the past one year. While a 52-week high of $157.54 was reached on 01/22/25, a 52-week low of $61.54 was recorded on 04/07/25. SMA at 50 days reached $83.88, while 200 days put it at $95.26.
Levels Of Support And Resistance For MU Stock
The 24-hour chart illustrates a support level at 84.94, which if violated will result in even more drops to 84.01. On the upside, there is a resistance level at 86.53. A further resistance level may holdings at 87.19. The Relative Strength Index (RSI) on the 14-day chart is 60.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 5.56, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.18%. Stochastics %K at 97.07% indicates the stock is a selling.
The most recent change occurred on October 28, 2024 when China Renaissance began covering the stock and recommended ‘”a Buy”‘ rating along with a $148 price target.
