A senior executive at Micron Technology (MU) has sold $10 million of company stock as the share price continues its bull run.
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A filing with the U.S. Securities and Exchange Commission (SEC) shows that Manish Bhatia, Micron’s executive vice president of global operations, sold 26,623 shares of MU stock on Jan. 22. The sale was conducted over several transactions, with prices ranging from $388.41 to $395.90, amounting to $10.4 million worth of company stock.
After the sale, Bhatia still directly owns 323,486 shares of MU stock worth about $140 million based on the current share price of $430.60. This was the second time the executive has sold Micron stock in the past year. He previously sold shares on June 30, 2025.
MU Stock’s Big Rally
The stock sale comes with Micron’s shares on a tear. Since the start of 2026, MU stock has gained more than 30%. In the last 12 months, the share price has increased 378%, driven by strong demand for the company’s memory storage products.
Micron continues to be one of the top-performing stocks in the S&P 500 index. The company makes memory and storage chips that appear in products ranging from smartphones to personal computers, which are in high demand.
Is MU Stock a Buy?
Micron’s stock has a consensus Strong Buy rating among 28 Wall Street analysts. That rating is based on 26 Buy and two Hold recommendations issued in the last three months. The average MU price target of $377.81 implies 11.64% downside from current levels.
