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Micron Executives Capitalize on Stock Rally with Multi-Million Dollar Share Sales

Micron Executives Capitalize on Stock Rally with Multi-Million Dollar Share Sales

Author:

Global Cryptocurrency

Published:

2026-01-30 13:02:02

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BTCCSquare news:

Micron Technology's stock surge has prompted top executives to liquidate significant holdings. Executive VP Manish Bhatia offloaded $10.4 million worth of shares on January 22, while Chief Legal Officer Michael Charles RAY sold $5.02 million in stock five days later. The transactions occurred as MU shares climbed 30% year-to-date, peaking at a record $444.71.

The semiconductor sector's bullish momentum, fueled by strong earnings from Seagate and optimistic forecasts from Texas Instruments and ASML, created ideal conditions for insider sales. Micron's leadership appears confident in the ongoing memory-chip shortage, which analysts believe will sustain elevated pricing and margins through 2024.

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