Micron Technology (MU) Svp, CLO Charles Sells $38K of Stock

Ray Michael Charles, the Senior Vice President and Chief Legal Officer of Micron Technology, Inc. (MU), sold 40 shares on October 14, 2026, for a total value of $37,891.60. This sale was executed at a price of $947.29 per share under a planned transaction, as indicated by the SEC filing.

Other Institutional Activity in Micron Technology

Blackrock Inc. increased its holdings by 1,681,279 shares, ending with 104,827,219 shares valued at about $92.1 billion. Vanguard Capital Management LLC added 519,296 shares for a total of 73,659,544 shares worth approximately $64.7 billion. However, State Street Corporation reduced its stake by 2,162,676 shares, bringing its total to 50,075,870 shares valued at around $44 billion. Invesco Ltd. grew its position by 631,600 shares, totaling 36,315,240 shares worth about $31.9 billion. Meanwhile, Capital World Investors cut its holdings by 12,581,790 shares, resulting in 29,469,646 shares valued at approximately $25.9 billion.

Micron Technology, Inc. Stock Down 2.4%

Micron's stock recently traded at $892.58 as of October 16, 2026. This price is below its 50-day moving average of $983.17, suggesting it may be experiencing some downward pressure. Additionally, the stock is about 28.9% below its 52-week high of $1,255, but it remains significantly above its 52-week low of $192.40.

Recent Earnings

Micron Technology reported trailing twelve-month revenue of approximately $133.2 billion and an EPS of $74.33. The company has shown impressive growth, with a year-over-year revenue growth rate of 379.3%. The next earnings report is scheduled for December 23, 2026.

Insider Buying and Selling at Micron Technology, Inc.

In recent months, other insiders have also sold shares of Micron. On August 21, 2026, CEO Sanjay Mehrotra sold 40,000 shares at an undisclosed price, totaling about $38.8 million. Earlier, on August 18, 2026, Officer Sumit Sadana sold 15,000 shares at $934.29 each, valued at approximately $14.0 million. On July 24, 2026, Sanjay Mehrotra sold two separate batches of 31,285 and 8,715 shares, together worth about $28.9 million.

Analysts Set New Price Targets

On October 1, 2026, Mizuho maintained its 'Outperform' rating on Micron with a price target of $1,400, up from $1,300. Morgan Stanley reiterated its 'Overweight' rating with a target of $1,200, while TD Cowen also reiterated a 'Buy' rating at a target of $1,600. DA Davidson maintained a 'Buy' rating with a new target of $3,000, up from $2,100. Lastly, Rosenblatt maintained a 'Buy' rating with a target of $1,900 on October 13, 2026.

About Micron Technology

Micron Technology, Inc. is a leading provider of semiconductor memory and storage products, serving markets in the U.S., Asia, and Europe. The company operates through several business units, including Cloud Memory and Core Data Center segments. This recent insider sale comes as the company prepares for its next earnings report, where analysts expect continued strong performance.

Bottom Line

Investors should keep an eye on Micron's upcoming earnings on December 23, 2026, to gauge its performance. Additionally, the stock's recent trading position and insider sales may provide further insights into market sentiment around the company.