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Micron Technology Inc (NASDAQ:MU), the semiconductor giant with a market capitalization of $223 billion, saw its President and CEO Sanjay Mehrotra sell a total of $4,592,227 worth of company stock on October 20 and 21, 2025. The sales, executed under a pre-arranged 10b5-1 trading plan, involved multiple transactions with prices ranging from $201.89 to $212.2 per share. The stock has shown remarkable strength, gaining nearly 189% over the past six months, though InvestingPro analysis indicates the stock is currently in overbought territory.
According to a Form 4 filing with the Securities and Exchange Commission, Mehrotra disposed of 10,000 shares of Micron Technology common stock as a gift.
On October 20, Mehrotra sold 1,206 shares at an average price of $210.50, 1,032 shares at an average price of $211.50, and 501 shares at an average price of $212.20. On October 21, he sold 3,151 shares at an average price of $201.89, 6,903 shares at an average price of $202.82, 8,148 shares at an average price of $203.56 and 1,559 shares at an average price of $204.59.
Following these transactions, Mehrotra directly owns 469,078 shares of Micron Technology Inc. He also indirectly owns 675,000 shares held in grantor retained annuity trusts (GRATs) for the benefit of himself and his family. The company maintains a strong financial position, with InvestingPro assigning it a "GREAT" overall financial health score.
In other recent news, Micron Technology Inc. reported its fourth-quarter 2025 earnings, exceeding analysts’ expectations. The company posted an earnings per share of $3.03, surpassing the forecast of $2.77, and generated revenue of $11.32 billion, higher than the anticipated $11.11 billion. Micron has also started customer sampling of its new 192GB SOCAMM2 modules, which offer 50% more capacity than previous models while improving power efficiency by over 20%. Additionally, UBS raised its price target for Micron to $245, citing robust demand and DRAM supply shortages, while maintaining a Buy rating. Previously, UBS had also increased its price target to $225, driven by stronger high-bandwidth memory demand projections. In governance news, board members Richard M. Beyer and Mary Pat McCarthy will retire at the company’s annual shareholders meeting in January 2026. These developments reflect significant movements in Micron’s business operations and strategic planning.
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