Micron Technology Inc. (NASDAQ: MU) May Be Attracting Institutional Investments

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Stocks Info

Micron Technology Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Semiconductors industry. The current market capitalization of Micron Technology Inc. is $104.23B. A total of 22.81 million shares were traded on the day, compared to an average of 24.62M shares.

In the most recent transaction, ARNZEN APRIL S sold 4,890 shares of MU for 135.86 per share on Jun 27 ’24. After the transaction, the EVP and Chief People Officer now owns 142,321 company shares. In a previous transaction on Jun 18 ’24, MEHROTRA SANJAY sold 34,284 shares at 152.28 per share. MU shares that CEO and President owns now total 719,049.

Among the insiders who sold shares, MEHROTRA SANJAY disposed of 30,000 shares on Jun 12 ’24 at a per-share price of $140.00. This resulted in the CEO and President holding 719,049 shares of MU after the transaction. In another insider transaction, MEHROTRA SANJAY sold 7,000 shares at $134.57 per share on Jun 11 ’24. Company shares held by the CEO and President now total 719,049.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. MU’s most recent ex-dividend date was 7/8/2024 when it declared a $0.1150 quarterly dividend that was paid in cash on 7/23/2024. Previously, the company paid the dividend on 4/16/2024 with an ex-dividend date of 3/28/2024. The MU stock dividend was $0.1150 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. In terms of 52-week highs and lows, MU has a high of $157.54 and a low of $63.83.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. MU’s latest balance sheet shows that the firm has $8.63B in Cash & Short Term Investments as of fiscal 2021. There were $7.28B in debt and $6.42B in liabilities at the time. Its Book Value Per Share was $39.88, while its Total Shareholder’s Equity was $43.93B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MU is Buy with a score of 4.70.

Most Popular

Related Posts