Nasdaq 100 Stocks SEC Filings — June 25, 2026

Revenue surged 346% YoY to $41.5B, with net income up 1,398% to $28.2B, driven by AI memory demand. EPS of $24.67 vs $1.68 YoY.

Nine-month diluted EPS of $41.40 vs $4.75 in the prior-year period, indicating sustained profitability acceleration.

Total current assets more than doubled to $66.7B from $28.8B YoY, providing a massive liquidity cushion for continued investment.

Income tax provision surged to $5.0B from $235M YoY, reflecting the massive profitability increase and potentially signaling normalized effective tax rates.

Director Kenneth Denman sold 885 shares at $957.45 (~$847K), reducing his holdings. While not a massive sale, it is a direct insider reduction at a high stock price.

Post-sale, the director holds 4,779 shares, indicating he retains a meaningful stake but chose to monetize a portion near all-time highs. [NEUTRAL/BEARISH]

Other non-operating expenses widened to $321M from $68M YoY, a potential minor drag but immaterial relative to the $28.2B net income.

Total assets grew 62% YoY to $134.1B, signaling massive balance sheet expansion to support growth.

The 346% YoY revenue surge is extraordinary and may not be sustainable as AI memory demand cycles mature or normalize.

Income tax provision jumped 2,019% YoY to $5.0B. Any future changes in tax policy or credits could materially impact net income.

Director sale, while small, occurs at a high stock price ($957). No insider buying is present, suggesting management may view the stock as fully valued.

With no growth catalysts in this filing and an insider sale, the stock's premium valuation may be vulnerable to any earnings miss.

Non-operating expenses increased 372% YoY ($321M vs $68M). While small now, this trend warrants monitoring for cost control.

The filing contains no explicit forward-looking guidance. The market is relying on prior commentary, creating uncertainty about future demand sustainability.

The 346% YoY revenue growth and 1,398% net income surge confirm Micron is a primary beneficiary of the AI infrastructure buildout. This is a core holding for AI exposure.

With $66.7B in current assets and strong cash flow generation, Micron has ample firepower for R&D, capacity expansion, or shareholder returns (buybacks/dividends).

The massive YoY EPS growth ($24.67 vs $1.68) creates strong positive earnings surprise potential for upcoming quarters if demand holds.

If the insider sale triggers a short-term price dip, Costco's resilient business model and loyal membership base could present a buying opportunity for long-term investors.

As a bellwether for memory and AI chips, Micron's results are a positive read-across for other semiconductor and AI infrastructure names in the NASDAQ-100.

In a volatile market, Costco's consistent performance and strong balance sheet make it a defensive holding, despite the insider sale signal.

Micron's 346% YoY revenue growth underscores the massive demand for memory in AI data centers. This is a dominant theme across the NASDAQ-100 tech sector.

The contrast between Micron's explosive growth (no insider sales in this filing) and Costco's director sale highlights a divergence between high-growth tech and mature consumer staples.

Micron's 62% asset growth YoY reflects a broader trend of tech companies aggressively investing in capacity to meet AI demand.

As profitability surges, companies like Micron face higher tax provisions. This is a sector-wide theme for highly profitable tech firms that may see effective tax rates rise.

Earnings call date for forward guidance on AI memory demand sustainability and capacity expansion plans.

Any insider transactions (buying or selling) following this massive earnings beat to gauge management conviction.

Next earnings report to assess if the director sale was a one-off or part of a broader insider selling trend.

Stock price reaction to the insider sale; watch for any follow-on sales by other insiders.

Industry demand data from peers (e.g., Samsung, SK Hynix) to validate the sustainability of the AI memory cycle.

Same-store sales data for the next month to gauge consumer spending trends and validate the company's growth trajectory.