Micron Technology, Inc. (NASDAQ:MU) exchanged hands 20,600,000 shares versus average trading capacity of 25.56M shares, while its relative trading volume is 0.81. Micron Technology, Inc. (NASDAQ:MU)’s total market worth is $23.62B along with 1.10B outstanding shares.
Insiders has most recently took part in a trading activity, Shirley Brian, VP Memory Solutions of the company in a transaction that occurred 1/6/2017 sold 25,830 shares of the stock. The stock was sold at a price of $22.08, for a total value of $570,430. Subsequent to the transaction Shirley Brian owned a total of 313,292 shares of the stock.
In a separate transaction on 1/6/2017, Shirley Brian, VP Memory Solutions sold 64,750 shares of the stock. The stock was sold at a price of $22.10, for a total worth of $1,430,774. Succeeding to the transaction Shirley Brian owned overall 339,122 shares of the stock.
Moreover, Deboer Scott J, VP Technology Development sold 10,000 shares of the stock in a reserved transaction that ensued on 12/22/2016. At a price of $22.94, the stock was sold for an entire value of $229,369. Consequent to the transaction Deboer Scott J owned a total of 190,232 shares of the stock.
Currently, 0.40% shares of Micron Technology, Inc. (NASDAQ:MU) are owned by insiders with -9.10% six-month change in the insider ownership. The insider filler data counts the number of monthly positions over 3 month and 12 month time spans. For Micron Technology, Inc. (NASDAQ:MU) total 36 number of trades held during last 3 months and 49 during last 12 months, out of them 13 numbers of buys held in last 3 months and 15 buys in last 12 months. Whereas 23 numbers of sells held in last 3 months and 34 sells over the past 12 months.
For the duration of last three months Micron Technology, Inc. (NASDAQ:MU)’s total number of shares bought are 619,207 and sold 376,691 from a total of 995,898 traded shares. During last twelve months 647,207 number of shares bought and 883,850 sold from a total of 1,531,057 shares traded. A net activity of 242,516 took place in the course of three months, while 236,643 during last twelve months. Insider trading information is derived from Forms 3 and 4 filings are filed with the U.S. Securities and Exchange Commission (SEC).
Micron Technology, Inc. (NASDAQ:MU) ended last trading session at the price of $22.48 whereas a number of traders indicating mean target price will hit $26.58 over the next twelve months, mean value of price target most recently revised on 01/03/17. Micron Technology, Inc. (NASDAQ:MU)’s highest estimates of price target are $33.00 and low forecast is $11.50 based on the opinion of 25 analysts. The price target estimates represents a standard deviation of 6.30. However brokerage recommendations suggests an ABR of 1.55 based on calls of 19 experts.
Micron Technology, Inc. (NASDAQ:MU) is expected to release the earnings of its current quarter on 3/29/17. The company is expected to release $0.63 EPS during current quarter according to 21 analysts whereas the company reported $-0.05 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $0.54 and high estimate of $0.69. Micron Technology, Inc. (NASDAQ:MU)’s average revenue estimates for the current quarter are $4.51B according to 22 number of analysts. However its lowest revenue estimates are $4.37B and highest revenue estimates are $4.63B. A year ago the company’s sales were $2.93B. Its yearly sales growth estimates are 53.60%. Past 5 years growth of Micron Technology, Inc. (NASDAQ:MU) observed at 19.07%, and for the next five years the analysts that follow this company are expecting its growth at 1.00%.