Sumit  Sadana net worth and biography

Sumit Sadana Biography and Net Worth

Sumit Sadana is executive vice president and chief business officer at Micron Technology. He is responsible for all four business units in the company, which include the marketing and business operations teams that align our product roadmaps with customer requirements. The business units are responsible for driving revenue and profitability and for positioning the company for success through strategic partnerships with customers. Mr. Sadana is also responsible for the company’s strategy and corporate business development. Mr. Sadana joined Micron in 2017.

Mr. Sadana has more than 29 years of semiconductor experience, previously serving in management and executive- and C-level roles at IBM, Freescale, and most recently SanDisk, where he was the executive vice president, chief strategy officer and general manager of enterprise solutions.

Mr. Sadana earned a bachelor’s degree in electrical engineering from the Indian Institute of Technology (IIT), Kharagpur, India, and a master’s degree in electrical engineering from Stanford University.

What is Sumit Sadana's net worth?

The estimated net worth of Sumit Sadana is at least $22.38 million as of May 13th, 2024. Mr. Sadana owns 218,048 shares of Micron Technology stock worth more than $22,380,447 as of November 23rd. This net worth evaluation does not reflect any other investments that Mr. Sadana may own. Additionally, Mr. Sadana receives a salary of $731,510.00 as EVP at Micron Technology. Learn More about Sumit Sadana's net worth.

How old is Sumit Sadana?

Mr. Sadana is currently 55 years old. There are 7 older executives and no younger executives at Micron Technology. The oldest executive at Micron Technology is Mr. Sanjay Mehrotra, CEO, President & Director, who is 65 years old. Learn More on Sumit Sadana's age.

What is Sumit Sadana's salary?

As the EVP of Micron Technology, Inc., Mr. Sadana earns $731,510.00 per year. The highest earning executive at Micron Technology is Mr. Sanjay Mehrotra, CEO, President & Director, who commands a salary of $1,530,000.00 per year. Learn More on Sumit Sadana's salary.

How do I contact Sumit Sadana?

The corporate mailing address for Mr. Sadana and other Micron Technology executives is 8000 S FEDERAL WAY, BOISE ID, 83716. Micron Technology can also be reached via phone at (208) 368-4000 and via email at [email protected]. Learn More on Sumit Sadana's contact information.

Has Sumit Sadana been buying or selling shares of Micron Technology?

Sumit Sadana has not been actively trading shares of Micron Technology over the course of the past ninety days. Most recently, Sumit Sadana sold 12,000 shares of the business's stock in a transaction on Monday, May 13th. The shares were sold at an average price of $123.01, for a transaction totalling $1,476,120.00. Following the completion of the sale, the executive vice president now directly owns 218,048 shares of the company's stock, valued at $26,822,084.48. Learn More on Sumit Sadana's trading history.

Who are Micron Technology's active insiders?

Micron Technology's insider roster includes Scott Allen (CAO), April Arnzen (SVP), Robert Beard (SVP), Richard Beyer (Director), Manish Bhatia (EVP), Michael Bokan (SVP), Scott Deboer (EVP), Paul Marosvari (CAO), Sanjay Mehrotra (CEO, President & Director), Mark Murphy (Exec. VP & CFO ), Joel Poppen (SVP), Sumit Sadana (EVP), and David Zinsner (CFO). Learn More on Micron Technology's active insiders.

Are insiders buying or selling shares of Micron Technology?

During the last year, insiders at the semiconductor manufacturer sold shares 44 times. They sold a total of 766,738 shares worth more than $80,971,996.73. The most recent insider tranaction occured on September, 26th when EVP April S Arnzen sold 4,890 shares worth more than $552,570.00. Insiders at Micron Technology own 0.3% of the company. Learn More about insider trades at Micron Technology.

Information on this page was last updated on 9/26/2024.

Sumit Sadana Insider Trading History at Micron Technology

Transaction DateBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
5/13/2024Sell12,000$123.01$1,476,120.00218,048View SEC Filing Icon  
5/9/2024Sell13,239$118.77$1,572,396.03260,857View SEC Filing Icon  
8/4/2023Sell42,667$70.05$2,988,823.35208,987View SEC Filing Icon  
7/6/2021Sell104,280$80.42$8,386,197.60165,548View SEC Filing Icon  
5/19/2021Sell31,490$79.33$2,498,101.70125,625View SEC Filing Icon  
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Sumit Sadana Buying and Selling Activity at Micron Technology

This chart shows Sumit Sadana's buying and selling at Micron Technology by year and by quarter.

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Micron Technology Company Overview

Micron Technology logo
Micron Technology, Inc. designs, develops, manufactures, and sells memory and storage products worldwide. The company operates through four segments: Compute and Networking Business Unit, Mobile Business Unit, Embedded Business Unit, and Storage Business Unit. It provides memory and storage technologies comprising dynamic random access memory semiconductor devices with low latency that provide high-speed data retrieval; non-volatile and re-writeable semiconductor storage devices; and non-volatile re-writable semiconductor memory devices that provide fast read speeds under the Micron and Crucial brands, as well as through private labels. The company offers memory products for the cloud server, enterprise, client, graphics, networking, industrial, and automotive markets, as well as for smartphone and other mobile-device markets; SSDs and component-level solutions for the enterprise and cloud, client, and consumer storage markets; discrete storage products in component and wafers; and memory and storage products for the automotive, industrial, and consumer markets. It markets its products through its direct sales force, independent sales representatives, distributors, and retailers; and web-based customer direct sales channel, as well as through channel and distribution partners. Micron Technology, Inc. was founded in 1978 and is headquartered in Boise, Idaho.
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Today's Range

Now: $102.64
Low: $101.65
High: $103.71

50 Day Range

MA: $102.46
Low: $87.18
High: $113.41

2 Week Range

Now: $102.64
Low: $72.93
High: $157.54

Volume

12,052,275 shs

Average Volume

21,508,977 shs

Market Capitalization

$113.80 billion

P/E Ratio

150.94

Dividend Yield

0.47%

Beta

1.18