In a filing, Micron Technology Inc revealed its Officer MEHROTRA SANJAY acquired Company’s shares for reported $0.9 million on Jun 16 ’25. In the deal valued at $120.31 per share,7,500 shares were bought.
Then, MEHROTRA SANJAY sold 3,938 shares, generating $436,630 in total proceeds. Upon selling the shares at $110.88, the President and CEO now owns 387,175 shares.
Before that, MEHROTRA SANJAY sold 3,562 shares. Micron Technology Inc shares valued at $393,459 were divested by the President and CEO at a price of $110.46 per share. As a result of the transaction, MEHROTRA SANJAY now holds 391,113 shares, worth roughly $46.87 million.
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 3.67% to $119.84. Over the last five days, the stock has gained 8.01%. Micron Technology Inc shares have risen nearly 42.40% since the year began. Nevertheless, the stocks have fallen -14.86% over the past one year. While a 52-week high of $157.54 was reached on 06/16/25, a 52-week low of $61.54 was recorded on 04/07/25.
Levels Of Support And Resistance For MU Stock
The 24-hour chart illustrates a support level at 117.79, which if violated will result in even more drops to 115.73. On the upside, there is a resistance level at 121.43. A further resistance level may holdings at 123.01.
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.
