Wavvest Wealth Starts $2.21 Million Micron Technology Stake
Wavvest Wealth LLC opened a Micron Technology position in the third quarter, according to a 13F filing. It purchased 2,072 shares valued at about $2.21 million. Micron made up 1.7% of the firm's holdings and was its 16th-largest position.
Wavvest Wealth LLC disclosed a third-quarter stake of 2,072 Micron shares worth roughly $2.207 million. The holding represented 1.7% of its portfolio and ranked 16th among its positions. Other institutional activity included a massive Andar Capital increase, new Primecap and Legal & General positions, a Bank of America increase, and a Dimensional Fund Advisors raise; institutions collectively held 80.84% of Micron.
Insider filings showed Sumit Sadana sold 15,000 shares at an average $934.29 and Scott Deboer sold 28,545 at $900. Insider sales over three months totaled 123,545 shares worth about $115.75 million; insiders held 0.24%. Micron also described progress in DRAM, high-bandwidth memory, NAND and next-generation 3D DRAM, with products planned for 2027.
The disclosure may matter mainly to investors and savers whose funds hold Micron, since institutional ownership is high and portfolio shifts can influence stock demand. Micron’s AI-related memory products could affect data-center buildouts and electronics supply chains, with possible knock-on effects for workers and consumers. Still, a single 13F stake is small and may say little about broader market direction.