Oklo stock tumbles as Financial Times scrutinizes valuation
Micron Technology Inc (NASDAQ:MU) Chief Accounting Officer Allen Scott R. sold 8,800 shares of company stock on October 20, 2025, for approximately $1.85 million. The shares were sold at prices ranging from $210.00 to $210.08, near the stock’s 52-week high of $206.34. The semiconductor giant, with a market capitalization of $228.42 billion, has seen remarkable growth with a 203.71% return over the past six months. According to InvestingPro analysis, technical indicators suggest the stock is currently in overbought territory.
According to a Form 4 filing with the Securities and Exchange Commission, Allen also exercised options to acquire 269 shares of Micron Technology common stock at a price of $0.00 on October 19. On the same day, 137 shares were withheld for tax obligations at a price of $202.38, resulting in a total value of $27,726. For deeper insights into insider trading patterns and comprehensive analysis, access Micron’s detailed Pro Research Report, available exclusively on InvestingPro, along with 16 additional key ProTips about the company’s performance and outlook.
In other recent news, Micron Technology Inc. reported its fourth-quarter 2025 earnings, exceeding analysts’ expectations with an earnings per share of $3.03, compared to the forecasted $2.77. The company’s revenue also surpassed predictions, reaching $11.32 billion against an expected $11.11 billion. UBS has raised its price target for Micron Technology to $245, citing a robust demand environment and DRAM supply shortages, while maintaining a Buy rating. Previously, UBS had increased its price target to $225 due to stronger demand projections for high-bandwidth memory, highlighting an expected growth in HBM demand of approximately 35% year-over-year by 2027.
Additionally, Micron Technology announced the upcoming retirement of board members Richard M. Beyer and Mary Pat McCarthy at the company’s annual shareholders meeting in January 2026. Beyer has been with the board since 2013, serving as chair of the Compensation Committee, while McCarthy joined in 2018 and currently chairs the Audit Committee. These developments reflect significant changes and expectations within Micron Technology, drawing attention from investors and analysts alike.
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