Ibex Wealth Advisors Invests $8.05 Million in Micron Technology

Firm purchases 48,125 shares of semiconductor manufacturer's stock in Q3

Mar. 3, 2026 at 8:23am

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Ibex Wealth Advisors, an investment management firm, purchased a new position in Micron Technology, Inc. (NASDAQ:MU) during the third quarter, acquiring 48,125 shares of the semiconductor manufacturer's stock valued at approximately $8,052,000, according to the company's most recent Form 13F filing with the SEC.

Why it matters

Micron Technology is a major player in the semiconductor industry, producing memory and storage solutions used in a wide range of computing and electronic devices. Ibex Wealth Advisors' significant investment in the company signals their belief in Micron's growth potential and the overall strength of the semiconductor market.

The details

The filing shows that Ibex Wealth Advisors acquired the new position in Micron Technology during the third quarter. The firm purchased 48,125 shares of the company's stock, valued at approximately $8,052,000. This investment represents a new position for Ibex Wealth Advisors in Micron Technology.

  • Ibex Wealth Advisors acquired the new position in Micron Technology during the third quarter.

The players

Ibex Wealth Advisors

An investment management firm that purchased a new position in Micron Technology, Inc. during the third quarter.

Micron Technology, Inc.

A global semiconductor company that designs and manufactures memory and storage solutions, including dynamic random-access memory (DRAM), NAND flash memory, and solid-state drives (SSDs).

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The takeaway

Ibex Wealth Advisors' significant investment in Micron Technology signals their confidence in the semiconductor manufacturer's growth potential and the overall strength of the industry. This move highlights the continued investor interest in Micron and the broader semiconductor market.