CFO & VP OF FINANCE of Micron Technology Inc. (MU) Ronald C Foster sells 40,000 shares of MU on 03/29/2011 at an average price of $11.7 a share.

Micron Technology Inc. has a market cap of $11.73 billion; its shares were traded at around $11.76 with a P/E ratio of 10.9 and P/S ratio of 1.4.

This is the annual revenues and earnings per share of MU over the last 10 years. For detailed 10-year financial data and charts, go to 10-Year Financials of MU.

CEO Recent Trades:

• Sell: Chairman and CEO Steven R Appleton sold 120,000 shares of MU stock on 11/05/2010 at the average price of 8.48. Steven R Appleton owns at least 2,087,459 shares after this. The price of the stock has increased by 38.68% since.
• Sell: Chairman and CEO Steven R Appleton sold 90,000 shares of MU stock on 11/01/2010 at the average price of 8.26. Steven R Appleton owns at least 2,207,459 shares after this. The price of the stock has increased by 42.37% since.

CFO Recent Trades:

• Sell: CFO & VP OF FINANCE Ronald C Foster sold 25,000 shares of MU stock on 02/15/2011 at the average price of 11.61. Ronald C Foster owns at least 501,325 shares after this. The price of the stock has increased by 1.29% since.
• Sell: CFO & VP OF FINANCE Ronald C Foster sold 30,000 shares of MU stock on 02/07/2011 at the average price of 11.17. Ronald C Foster owns at least 526,325 shares after this. The price of the stock has increased by 5.28% since.

This is the insider trade history vs. stock price of MU. For the complete insider trading history of MU, click here.

Directors and Officers Recent Trades:

• Sell: Director Robert E Switz sold 20,000 shares of MU stock on 02/15/2011 at the average price of 11.61. Robert E Switz owns at least 95,891 shares after this. The price of the stock has increased by 1.29% since.
• Sell: VP Worldwide Operations Brian Shields sold 20,125 shares of MU stock on 02/15/2011 at the average price of 11.62. Brian Shields owns at least 360,185 shares after this. The price of the stock has increased by 1.2% since.
• Sell: VP, Human Resources Patrick T Otte sold 30,000 shares of MU stock on 02/15/2011 at the average price of 11.69. Patrick T Otte owns at least 323,982 shares after this. The price of the stock has increased by 0.6% since.
• Sell: Director Teruaki Aoki sold 30,000 shares of MU stock on 02/14/2011 at the average price of 11.71. Teruaki Aoki owns at least 29,702 shares after this. The price of the stock has increased by 0.43% since.
• Sell: VP Worldwide Sales Mark Adams sold 94,250 shares of MU stock on 02/14/2011 at the average price of 11.85. Mark Adams owns at least 234,478 shares after this. The price of the stock has decreased by 0.76% since.

For the complete insider trading history of MU, click here.

Why CEOs Are Buying Stocks Of Their Own Companies?

1. As legendary investor Peter Lynch said: "Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise."
2. TOP EXECUTIVES like CEOs and CFOs are savvy buyers of their companies' shares. One long-term study showed that they beat the market on average by six percentage points a year.
3. Another study found that the aggregated activities of insiders can serve as a good indicator to locate market bottoms. Insiders as a whole are smart investors of their own companies.

Click it to Check Out What the CEO Are Trading

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