Micron Stock Keeps Climbing—And a Top Executive May Have Sold Too Soon
Market Intelligence Analysis
AI-PoweredMicron Technology's stock continues to rise, with a top executive selling $10.4 million worth of shares, potentially missing out on further gains.
Market impact analysis based on bearish sentiment with 80% confidence.
Article Context
Shares of Micron Technology have surged since the start of the year, and one top executive appears to be taking profits—but his returns could have been even bigger. A securities filing on Monday shows that Manish Bhatia, Micron’s executive vice president of global operations, sold a total of 26,623 shares through six separate transactions on Jan. 22. The transactions were conducted at prices ranging from $388.41 to $395.905 a share, amounting to more than $10.4 million worth of company stock.
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