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Wealthfront Advisers LLC Purchases 8,489 Shares of Micron Technology, Inc. $MU
Wealthfront Advisers LLC increased its stake in Micron Technology, Inc. by 9.8% in the third quarter, purchasing an additional 8,489 shares, bringing its total holdings to 95,396 shares valued at $15.96 million. Other institutional investors also adjusted their positions in the semiconductor manufacturer, which recently reported strong earnings and announced a quarterly dividend. Analyst ratings for Micron Technology are largely positive, with several increasing price targets citing strong demand for AI-related memory solutions.