Micron hits $295 ATH as CFO transfers 35,000 shares via GRAT

Micron hits record near $295 as CFO moves 35,000 shares into estate‑planning trust amid a 250% YTD AI‑driven rally and strong quarterly results.

  • Micron shares reached an all-time high near $295 as an executive moved stock into an estate-planning trust.
  • The company’s 2025 rally exceeds 250% year-to-date, driven by strong demand for memory and storage in AI data centers.
  • Latest results showed revenue of $13.6 billion and adjusted EPS of $4.78, while retail sentiment and analyst price targets remain mixed.

Micron stock climbed to a record near $295 as a filing showed Mark Murphy, the company’s executive vice president and chief financial officer, transferred 35,000 shares into a grantor retained annuity trust on Dec. 24. The filing listed the transfer price as $0 and named Murphy and his spouse as trustees, identifying the move as an estate-planning action.

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The stock’s rally in 2025 has been large, rising more than 250% year-to-date and outperforming most chip and tech peers as demand for memory and storage used in AI data centers increased. The company reported revenue of $13.6 billion and adjusted earnings per share (EPS) of $4.78 in its latest quarter, with the broader AI-related sector reportedly growing 88% in 2024.

Retail sentiment around Micron reached 93/100 on Stocktwits, with message volume up 566%. Hedge fund manager Ryan Lee described the earnings beat as “pivotal” and said the company faced “lofty expectations” earlier this fall.

Market participants are watching whether the stock holds recent gains as investors weigh how long the memory supply crunch will last and how aggressively competitors add capacity. Analysts’ current price targets range from $275 at Barclays to $500 at Rosenblatt, compared with a recent market price near $294.37.

Technical terms:
– GRAT (grantor retained annuity trust): an estate-planning vehicle that can transfer assets to beneficiaries while providing annuity payments to the grantor.
– EPS (earnings per share): a company’s profit divided by its number of outstanding shares.

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