Micron Technology, Inc. (NASDAQ:MU) exchanged hands 21.96M shares versus average trading capacity of 25.06M shares, while its shares’ total market worth is $16.59B along with 1.04B outstanding shares.
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 3 number of trades held during last 3 months and 47 during last 12 months, out of them 0 numbers of buys held in last 3 months and 18 buys in last 12 months. Whereas 3 numbers of sells held in last 3 months and 29 sells over the past 12 months.
Insiders has most recently took part in a trading activity, Deboer Scott J, VP Technology Development of the company in a transaction that occurred 8/29/2016 sold 31,500 shares of the stock. The stock was sold at a price of $17.05, for a total value of $537,047. Subsequent to the transaction Deboer Scott J owned a total of 175,765 shares of the stock.
In a separate transaction on 7/5/2016, Shirley Brian, VP Memory Solutions sold 48,750 shares of the stock. The stock was sold at a price of $12.37, for a total worth of $603,047. Succeeding to the transaction Shirley Brian owned overall 332,514 shares of the stock.
Moreover, Maddock Ernest E, CFO & VP, Finance sold 3,185 shares of the stock in a reserved transaction that ensued on 6/3/2016. At a price of $13.11, the stock was sold for an entire value of $41,755. Consequent to the transaction Maddock Ernest E owned a total of 120,071 shares of the stock.
Currently, 0.10% shares of Micron Technology, Inc. (NASDAQ:MU) are owned by insiders with -7.19% six-month change in the insider ownership. Durcan Dermot Mark is one of the major insider shareholder of the company’s stock, the insider owns 1,691,733 shares reported on Oct 20, 2015. Foster Ronald C is second leading insider shareholder, as of Feb 18, 2015 the insider owns 580,416 shares of the stock. Adams Mark is another major insider shareholder of the stock, as per record date of Oct 20, 2015 insider owns 452,266 shares of the stock.
Micron Technology, Inc. (NASDAQ:MU) ended last trading session at the price of $16.49 whereas a number of traders indicating mean target price will hit $16.86 over the next twelve months, mean value of price target most recently revised on 08/30/16. Micron Technology, Inc. (NASDAQ:MU)’s highest estimates of price target are $27.00 and low forecast is $8.00 based on the opinion of 21 analysts. The price target estimates represents a standard deviation of 3.58. However brokerage recommendations suggests an ABR of 1.97 based on calls of 18 experts, where 11 brokers polls the stock a Strong Buy, 1 suggest the stock a Buy, 3 suggest Hold, 1 are rating the stock as Sell while 2 as Strong Sell.
Micron Technology, Inc. (NASDAQ:MU) is expected to release the earnings of its current quarter on 10/6/16. The company is expected to release $-0.18 EPS during current quarter according to 21 analysts whereas the company reported $0.37 EPS during same quarter a year ago. For the current quarter the stock has a lowest EPS estimates of $-0.21 and high estimate of $-0.11. Micron Technology, Inc. (NASDAQ:MU)’s average revenue estimates for the current quarter are $3.07B according to 22 number of analysts. However its lowest revenue estimates are $2.96B and highest revenue estimates are $3.17B. A year ago the company’s sales were $3.6B. Its yearly sales growth estimates are -14.90%.