Micron Technology (MU) Insider Scott J Deboer Sells $26M of Stock
Key Points
- Scott J Deboer sold 28,544 shares of Micron Technology, Inc. (MU) on October 16, 2026, at an average price of $900.00 per share under a pre-arranged plan.
- After the trade, Scott J Deboer holds 147,430 $MU shares, down 16.22% from before the trade.
- The stock recently traded around $895.85, sitting below its 50-day moving average but well above its 200-day average.
- Wall Street maintains a consensus strong buy rating on the memory chip maker ahead of its December earnings report.
Since the trade, $MU is up 3.1% to date (from the $878.84 close on Oct 16, 2026).
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Scott J Deboer, President and Chief Technology and Products Officer at Micron Technology, Inc. (NasdaqGS: MU), sold 28,544 shares of the company on October 16, 2026. According to a Form 4 filing with the Securities and Exchange Commission, the transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The stock closed at $878.84 on the day of the sale.
Inside Scott J Deboer's Micron Trade
The shares were sold at an average price of $900.00, for a total value of $25,690,214.71. Following this planned transaction, Deboer directly owns 147,430 shares of company stock. This trade cut his direct stake by about 16.22%.
Other Institutional Activity in Micron Technology
Other institutional investors have adjusted their holdings in Micron recently. Montrusco Bolton Investments reduced its position by 21,758 shares to end with 182,304 shares worth about $194.2 million. First Citizens Bank and Trust grew its stake by 9,894 shares to 42,923 shares valued at roughly $45.7 million. Generate Investment Management lifted its holdings by 36,092 shares, finishing with 100,708 shares worth about $107.3 million. Assenagon Asset Management S.A. added 2,633,136 shares for a total of 2,805,455 shares valued near $3.0 billion. Ninety One UK boosted its stake by 67,705 shares to 68,133 shares worth about $72.6 million.
Micron Technology, Inc. Stock Up 1.9%
Micron shares recently traded around $895.85 as of October 21, 2026, up about 1.9% since the insider sale. The stock trades below its 50-day moving average of $983.66 but remains 24.3% above its 200-day moving average of $720.94. The shares sit 28.6% below their 52-week high of $1,255.00 and well above their 52-week low of $192.40.
Recent Earnings
Micron reported trailing twelve-month revenue of $133.19 billion and earnings of $74.33 per share. The company's next earnings report is scheduled for December 23, 2026.
Dividend
Micron pays an annual dividend rate of $0.60 per share, yielding 0.07%.
Insider Buying and Selling at Micron Technology, Inc.
Earlier insider activity included multiple sales by CEO Sanjay Mehrotra and officer Sumit Sadana during the summer months.
Analysts Set New Price Targets
Wall Street firms updated their outlooks on the semiconductor maker ahead of the autumn session, including Mizuho, Morgan Stanley, TD Cowen, DA Davidson, and Rosenblatt.
About Micron Technology
Micron Technology designs and manufactures memory and storage solutions used across cloud data centers, mobile devices, automotive systems, and personal computers. As artificial intelligence and advanced computing drive heavy demand for high-performance memory chips, executive transactions and institutional shifts at the Boise-based company draw close attention from market participants.
Bottom Line
Investors tracking Micron should watch for the company's next earnings update on December 23, 2026, alongside further SEC filings from corporate insiders.
Source: Scott J Deboer's Form 4 filing on $MU (Oct 16, 2026). Written by software, not financial advice. How we make alerts