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Have Insiders Sold Micron Technology Shares Recently?

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Some Micron Technology, Inc. (NASDAQ:MU) shareholders could also be just a little involved to see that the Executive VP & Chief Business Officer, Sumit Sadana, lately offered a considerable US$3.0m price of inventory at a worth of US$70.05 per share. That sale diminished their whole holding by 17% which is hardly insignificant, however removed from the worst we have seen.

View our latest analysis for Micron Technology

Micron Technology Insider Transactions Over The Last Year

In the final twelve months, the largest single sale by an insider was when the Executive Vice President of Global Operations, Manish Bhatia, offered US$3.2m price of shares at a worth of US$63.29 per share. That signifies that an insider was promoting shares at barely under the present worth (US$69.91). As a common rule we think about it to be discouraging when insiders are promoting under the present worth, as a result of it suggests they had been proud of a decrease valuation. While insider promoting shouldn’t be a optimistic signal, we will not make sure if it does imply insiders suppose the shares are absolutely valued, so it is solely a weak signal. We observe that the largest single sale was solely 16% of Manish Bhatia’s holding.

Micron Technology insiders did not purchase any shares during the last 12 months. You can see a visible depiction of insider transactions (by firms and people) during the last 12 months, under. By clicking on the graph under, you may see the exact particulars of every insider transaction!

NasdaqGS:MU Insider Trading Volume August sixth 2023

I’ll like Micron Technology higher if I see some large insider buys. While we wait, try this free list of growing companies with considerable, recent, insider buying.

Insider Ownership Of Micron Technology

For a typical shareholder, it’s price checking what number of shares are held by firm insiders. A excessive insider possession typically makes firm management extra conscious of shareholder pursuits. Micron Technology insiders personal about US$191m price of shares (which is 0.2% of the corporate). Most shareholders can be blissful to see this type of insider possession, because it means that administration incentives are properly aligned with different shareholders.

What Might The Insider Transactions At Micron Technology Tell Us?

Insiders have not purchased Micron Technology inventory within the final three months, however there was some promoting. And there weren’t any purchases to provide us consolation, during the last 12 months. It is nice to see excessive insider possession, however the insider promoting leaves us cautious. In addition to realizing about insider transactions happening, it is helpful to establish the dangers going through Micron Technology. In phrases of funding dangers, we’ve identified 1 warning sign with Micron Technology and understanding it ought to be a part of your funding course of.

Of course, you would possibly discover a improbable funding by wanting elsewhere. So take a peek at this free list of interesting companies.

For the needs of this text, insiders are these people who report their transactions to the related regulatory physique. We at the moment account for open market transactions and personal inclinations, however not spinoff transactions.

Valuation is advanced, however we’re serving to make it easy.

Find out whether or not Micron Technology is doubtlessly over or undervalued by trying out our complete evaluation, which incorporates truthful worth estimates, dangers and warnings, dividends, insider transactions and monetary well being.

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This article by Simply Wall St is common in nature. We present commentary based mostly on historic information and analyst forecasts solely utilizing an unbiased methodology and our articles aren’t meant to be monetary recommendation. It doesn’t represent a advice to purchase or promote any inventory, and doesn’t take account of your goals, or your monetary state of affairs. We purpose to convey you long-term centered evaluation pushed by basic information. Note that our evaluation could not issue within the newest price-sensitive firm bulletins or qualitative materials. Simply Wall St has no place in any shares talked about.

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