Overview
- Director Teyin Liu bought 23,200 Micron shares for roughly $7.8 million at $336.63 to $337.50, lifting his direct holdings to 25,910, according to regulatory filings.
- The Form 4 shows 11,600 shares purchased on Jan. 13 at an average $337.07 and two Jan. 14 buys of 3,780 shares at $336.63 and 7,820 shares at $337.50.
- Barclays, Wells Fargo, and Citi raised Micron price targets this week, extending a run of positive analyst revisions.
- TSMC reported results that beat expectations, fueling a broader semiconductor rally that supported Micron’s move higher.
- Micron rose about 1% in Thursday after-hours trading and climbed more than 6% in Friday pre-market, reaching about $356.95 and a new 52-week high, according to Benzinga.