Annex Advisory Services 13F: Adds $48M to MU Stake

Annex Advisory Services increased its stake in Micron Technology, Inc. (NasdaqGS: MU) in a filing on October 16, 2026. The firm added 45,078 shares, bringing its total to 50,382 shares worth about $53.7 million. This move marks a significant boost of approximately 849.9% in its holdings.

What Changed in Annex Advisory Services' Micron Position

Annex Advisory Services boosted its position in Micron, increasing its shares from 5,304 to 50,382. The firm now holds shares worth around $53.7 million, reflecting an increase of 45,078 shares during the quarter.

Other Institutional Activity in Micron

Several other institutional investors have held or adjusted their positions in Micron. Blackrock Inc. owns 104,827,219 shares worth approximately $92.1 billion after adding 1,681,279 shares, while Vanguard Capital Management LLC has 73,659,544 shares valued at about $64.7 billion, increasing its stake by 519,296 shares. State Street Corporation reduced its holdings by 2,162,676 shares, ending with 50,075,870 shares worth around $44.0 billion.

Micron Technology, Inc. Stock Down 3.2%

As of October 16, 2026, Micron's stock was trading at about $884.66, which is below its 50-day moving average of $983.17 and 29.5% under its 52-week high of $1,255. It currently trades 359.8% above its 52-week low of $192.40, suggesting strong upward potential despite recent pullbacks.

Recent Earnings

Micron's trailing twelve-month revenue reached about $133.2 billion, with earnings per share (EPS) at $74.33. The company has a remarkable return on equity of 88.3%. Its next earnings report is scheduled for December 23, 2026.

Insider Buying and Selling at Micron Technology, Inc.

Insider trading activity included several sales by Chief Executive Officer Sanjay Mehrotra, who sold 31,285 shares on July 24, 2026, and 40,000 shares on August 21, 2026. Officer Sumit Sadana also sold 15,000 shares on August 18, 2026, while Ray Michael Charles sold 40 shares on October 14, 2026.

Analysts Set New Price Targets

Analysts have maintained positive views on Micron, with Mizuho, Morgan Stanley, and TD Cowen all reiterating strong ratings. Mizuho maintained an Outperform rating with a price target of $1,400 on October 1, 2026, while Morgan Stanley reiterated its Overweight rating with a target of $1,200. Meanwhile, DA Davidson raised its target significantly to $3,000 on October 7, 2026.

About Micron Technology

Micron Technology, Inc. specializes in semiconductor memory and storage solutions and operates through different business units catering to cloud, mobile, and automotive sectors. The firm has a significant market presence with a market cap of about $1.05 trillion and continues to innovate in the technology sector.

Bottom Line

Investors should monitor Micron closely as it prepares for its earnings report in December 2026. Keep in mind that 13F filings reflect holdings at the end of the reporting period and may not represent the investor's current position. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.