Micron Technology Inc’s recently made public that its Officer MEHROTRA SANJAY acquired Company’s shares for reported $0.83 million on Jun 06 ’25. In the deal valued at $110.46 per share,7,500 shares were bought.
Then, Deboer Scott J bought 20,000 shares, generating $2,200,000 in total proceeds.
Before that, Deboer Scott J bought 20,000 shares. Micron Technology Inc shares valued at $1,900,000 were divested by the Director at a price of $95.00 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 Monday, Micron Technology Inc [NASDAQ:MU] saw its stock jump 2.20% to $110.95. Over the last five days, the stock has gained 13.01%. Micron Technology Inc shares have risen nearly 31.83% since the year began. Nevertheless, the stocks have fallen -17.02% over the past one year. While a 52-week high of $157.54 was reached on 06/09/25, a 52-week low of $61.54 was recorded on 04/07/25. SMA at 50 days reached $85.36, while 200 days put it at $95.04.
Levels Of Support And Resistance For MU Stock
The 24-hour chart illustrates a support level at 108.84, which if violated will result in even more drops to 106.74. On the upside, there is a resistance level at 112.79. A further resistance level may holdings at 114.64. The Relative Strength Index (RSI) on the 14-day chart is 76.65, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 8.93, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 7.31%. Stochastics %K at 88.39% 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.
