Micron Technology, Inc. designs, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Storage Business Unit, and Embedded Business Unit. It provides memory and storage technologies comprises DRAM products, which are dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; NAND products that are non-volatile and re-writeable semiconductor storage devices; and NOR memory products, which are non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, and networking markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; other discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
Company profile
Ticker
MU
Exchange
Website
CEO
Mr. Sanjay Mehrotra
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Former names
APOGEE ENTERPRISES INC
SEC CIK
Corporate docs
Subsidiaries
Micron Europe Limited • Micron Idaho Semiconductor Manufacturing (Triton) LLC • Micron Japan, Ltd. • Micron Memory Japan, K.K. • Micron Memory Malaysia Sdn. Bhd. • Micron Memory Taiwan Co., Ltd. • Micron New York Semiconductor Manufacturing LLC • Micron Semiconductor Asia, LLC • Micron Semiconductor Asia Operations Pte. Ltd. • Micron Semiconductor Asia Pte. Ltd. ...
IRS number
751618004
MU stock data
Analyst ratings and price targets
Latest filings (excl ownership)
10-K
2024 FY
Annual report
4 Oct 24
8-K
Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2024
25 Sep 24
8-K
Regulation FD Disclosure
7 Aug 24
8-K
Amendments to Articles of Incorporation or Bylaws
19 Jul 24
10-Q
2024 Q3
Quarterly report
27 Jun 24
8-K
Micron Technology, Inc. Reports Results for the Third Quarter of Fiscal 2024
26 Jun 24
SD
Conflict minerals disclosure
28 May 24
8-K
Regulation FD Disclosure
19 Apr 24
8-K
Regulation FD Disclosure
10 Apr 24
10-Q
2024 Q2
Quarterly report
21 Mar 24
Transcripts
MU
Earnings call transcript
2024 Q4
25 Sep 24
MU
Earnings call transcript
2024 Q4
25 Sep 24
MU
Earnings call transcript
2024 Q3
26 Jun 24
MU
Earnings call transcript
2024 Q3
26 Jun 24
MU
Earnings call transcript
2024 Q2
20 Mar 24
MU
Earnings call transcript
2024 Q2
20 Mar 24
MU
Earnings call transcript
2024 Q1
20 Dec 23
MU
Earnings call transcript
2024 Q1
20 Dec 23
MU
Earnings call transcript
2023 Q4
27 Sep 23
MU
Earnings call transcript
2023 Q4
27 Sep 23
Latest ownership filings
144
Notice of proposed sale of securities
21 Oct 24
4
Scott J Deboer
16 Oct 24
4
MICHAEL CHARLES RAY
16 Oct 24
4
Mark J. Murphy
16 Oct 24
4
APRIL S ARNZEN
16 Oct 24
4
Michael W Bokan
16 Oct 24
4
SCOTT R. ALLEN
16 Oct 24
4
MANISH H BHATIA
16 Oct 24
4
SANJAY MEHROTRA
16 Oct 24
4
Sumit Sadana
16 Oct 24
Financial summary
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Annual (USD) | Aug 24 | Aug 23 | Sep 22 | Sep 21 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 7.05 bn | 7.05 bn | 7.05 bn | 7.05 bn | 7.05 bn | 7.05 bn |
Cash burn (monthly) | 204.00 mm | 133.67 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 364.83 mm | 239.05 mm | n/a | n/a | n/a | n/a |
Cash remaining | 6.69 bn | 6.81 bn | n/a | n/a | n/a | n/a |
Runway (months of cash) | 32.8 | 51.0 | n/a | n/a | n/a | n/a |
Institutional ownership, Q2 2024
78.5% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 1761 |
Opened positions | 288 |
Closed positions | 137 |
Increased positions | 690 |
Reduced positions | 583 |
13F shares | Current |
---|---|
Total value | 107.97 tn |
Total shares | 870.88 mm |
Total puts | 34.53 mm |
Total calls | 47.60 mm |
Total put/call ratio | 0.7 |
Largest owners | Shares | Value |
---|---|---|
Vanguard | 97.69 mm | $12.85 tn |
BLK BlackRock | 91.82 mm | $12.08 tn |
FMR | 47.10 mm | $6.19 tn |
STT State Street | 46.79 mm | $6.15 tn |
Primecap Management | 37.43 mm | $4.92 tn |
Capital World Investors | 27.39 mm | $3.60 tn |
JPM JPMorgan Chase & Co. | 23.46 mm | $3.09 tn |
Geode Capital Management | 22.83 mm | $2.99 tn |
MS Morgan Stanley | 18.08 mm | $2.38 tn |
Capital International Investors | 16.55 mm | $2.18 tn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
13 Oct 24 | Mary Pat McCarthy | Common Stock | Grant | Acquire A | No | No | 0 | 2,338 | 0.00 | 29,762 |
13 Oct 24 | Linnie M Haynesworth | RSU Common Stock | Grant | Acquire A | No | No | 0 | 2,338 | 0.00 | 2,338 |
13 Oct 24 | Gomo Steven J | Common Stock | Grant | Acquire A | No | No | 0 | 2,338 | 0.00 | 29,762 |
13 Oct 24 | Switz Robert E | Common Stock | Grant | Acquire A | No | No | 0 | 2,338 | 0.00 | 75,765 |
13 Oct 24 | Robert Holmes Swan | Common Stock | Grant | Acquire A | No | No | 0 | 2,338 | 0.00 | 4,078 |
News
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22 Oct 24
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21 Oct 24
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18 Oct 24
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17 Oct 24
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17 Oct 24
Press releases
Micron Technology, Inc. Reports Results for the Fourth Quarter and Full Year of Fiscal 2024
25 Sep 24
Micron Expands SSD Portfolio With New Crucial P310 2280 Gen4 SSD, Bringing High-Octane Performance To Gamers and Creators
17 Sep 24
Micron to Report Fiscal Fourth Quarter and Full-Year 2024 Financial Results on September 25, 2024
28 Aug 24
Micron Develops Industry's First PCIe Gen6 Data Center SSD for Ecosystem Enablement
5 Aug 24
AM Best Assigns Credit Ratings to S-Squared Insurance Company, Inc.
2 Aug 24