Neo Ivy Capital Management Cuts Stake in Micron Technology, Inc. $MU

Market Beat
2026.03.07 11:52
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Neo Ivy Capital Management has reduced its stake in Micron Technology, Inc. (NASDAQ:MU) by 72.4% in Q3, now holding 8,514 shares valued at $1.425 million. Other hedge funds have adjusted their positions, with Barclays PLC increasing its stake significantly. Analysts have raised price targets for Micron, with a consensus rating of "Buy" and an average target of $371.83. Positive developments include the launch of a new AI memory module and the opening of a facility in India to meet growing demand.