Micron (MU) CEO Sanjay Mehrotra sold $37 million in shares a month before announcing $22 billion in deposits and demand outpacing supply by 50%.
Three Micron executives sold shares at prices reaching $1,095 in July, even as take-or-pay contracts locked in roughly $100 billion in minimum revenue.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
From a construction site at Micron Technology's (NASDAQ:MU) Boise fab on Wednesday night, CEO Sanjay Mehrotra delivered the most bullish demand statement of his tenure. He told Jim Cramer that customers have put down $22 billion in cash deposits on take-or-pay contracts and still want 50% more memory than Micron can commit. Cramer called the Boise site "exhibit A" that America still has manufacturing.
One month earlier, Mehrotra was a seller. On July 24, 2026, he disposed of 40,000 shares at prices ranging from roughly $906 to $966, worth about $37 million. The insider filing shows the sale executed across 40 separate lots, with reported execution prices between $906.48 and $965.85.
#prices
Three Micron executives sold shares at prices reaching $1,095 in July, even as take-or-pay contracts locked in roughly $100 billion in minimum revenue.
Act now: the ****** yst who called NVIDIA in 2010 just named his top 10 AI stocks — and Micron Technology didn't make the cut. Grab the names FREE today.
From a construction site at Micron Technology's (NASDAQ:MU) Boise fab on Wednesday night, CEO Sanjay Mehrotra delivered the most bullish demand statement of his tenure. He told Jim Cramer that customers have put down $22 billion in cash deposits on take-or-pay contracts and still want 50% more memory than Micron can commit. Cramer called the Boise site "exhibit A" that America still has manufacturing.
One month earlier, Mehrotra was a seller. On July 24, 2026, he disposed of 40,000 shares at prices ranging from roughly $906 to $966, worth about $37 million. The insider filing shows the sale executed across 40 separate lots, with reported execution prices between $906.48 and $965.85.
#prices
2 months ago
