Micron (MU) Stock: Executives Sell $15 Million as Shares Reach All-Time High

TLDR

• Micron EVP Manish Bhatia sold 26,623 shares for $10.4 million on January 22, with prices ranging from $388.41 to $395.90 per share.
• SVP Michael Charles Ray sold 10,468 shares for $5.02 million on January 27 at prices between $401.16 and $415.65 per share.
• Micron stock surged over 30% in January, reaching an all-time intraday high of $444.71 on January 30.
• Strong semiconductor sector earnings and guidance from Texas Instruments, ASML, SK Hynix, and Seagate boosted Micron shares.
• Analysts raised price targets to as high as $500, citing memory-chip shortages and AI-driven demand supporting higher prices.

Two Micron Technology executives sold millions in company stock this month. The shares kept climbing to record levels afterward.

Micron Technology, Inc., MU

Manish Bhatia, executive vice president of global operations, sold 26,623 shares on January 22. The transactions totaled $10.4 million at prices between $388.41 and $395.90 per share.

The sale included 14,640 restricted stock units that vested from 2024 to 2025. It also contained 11,983 performance units from Micron’s equity incentive plan.

Bhatia retains direct ownership of 323,486 shares. Those holdings were valued at approximately $141 million based on Wednesday’s closing price.

Michael Charles Ray, senior vice president and chief legal officer, followed with his own sale. He sold 10,468 shares on January 27 for $5.02 million through a pre-arranged trading plan.

Ray’s shares sold at prices ranging from $401.16 to $415.65. He now directly owns 74,675 shares of the company.

Stock Climbs to Record After Insider Sales

Micron shares gained over 30% since the start of January. The stock broke above $400 for the first time on January 23.

That milestone came just one day after Bhatia’s sales. The rally continued gaining momentum throughout the week.

The stock closed at a record $435.28 on Wednesday. It pushed to an all-time intraday high of $444.71 on Thursday.

Semiconductor Sector Strength Lifts Micron

Strong earnings reports from chip sector peers fueled the rally. Texas Instruments, ASML Holding, and SK Hynix delivered positive guidance on January 28.

The companies pointed to recovering AI-driven demand. This overshadowed weaker-than-expected results from Texas Instruments.

Seagate Technology reported solid earnings the same day. The storage-device maker’s results added to positive sector sentiment.

Micron manufactures memory and storage products for smartphones and computers. The company supplies high-bandwidth memory for AI servers, making it a key player in the AI infrastructure buildout.

Analyst Price Targets Rise

Multiple analysts increased their price targets for Micron recently. HSBC raised its target to $500, citing rapid DRAM price increases.

Mizuho set a $480 target based on favorable pricing in DRAM and NAND markets. TD Cowen lifted its target to $450 due to worsening memory market shortages.

Stifel increased its price target to $360. The firm noted AI cloud infrastructure growth is absorbing DRAM output and creating shortages.

Micron’s December earnings report highlighted strong market conditions. The company expects a substantial memory-chip shortage to persist for the foreseeable future.

This shortage could support higher prices and stronger profit margins. Micron ended 2025 as one of the top S&P 500 performers alongside Western Digital and Seagate.

The company plans to announce new memory chip manufacturing capacity in Singapore. The investment will focus on NAND flash memory production.

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