10,052 Seagate Technology Holdings PLC $STX Shares Bought by International Assets Investment Management LLC

International Assets Investment Management LLC boosted its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 604.8% during the third quarter, Holdings Channel.com reports. The firm owned 11,714 shares of the data storage provider’s stock after acquiring an additional 10,052 shares during the period. International Assets Investment Management LLC’s holdings in Seagate Technology were worth $10,804,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. Wellington Management Group LLP grew its stake in shares of Seagate Technology by 2,655.9% in the 2nd quarter. Wellington Management Group LLP now owns 2,414,136 shares of the data storage provider’s stock worth $2,329,641,000 after buying an additional 2,326,538 shares in the last quarter. Janus Henderson Group PLC raised its position in shares of Seagate Technology by 3,872.1% during the 1st quarter. Janus Henderson Group PLC now owns 967,528 shares of the data storage provider’s stock valued at $378,985,000 after buying an additional 943,170 shares in the last quarter. Swedbank AB lifted its holdings in shares of Seagate Technology by 67.6% in the 1st quarter. Swedbank AB now owns 709,160 shares of the data storage provider’s stock valued at $277,821,000 after acquiring an additional 285,949 shares during the last quarter. Amundi lifted its holdings in shares of Seagate Technology by 32.2% in the 1st quarter. Amundi now owns 965,565 shares of the data storage provider’s stock valued at $378,267,000 after acquiring an additional 235,359 shares during the last quarter. Finally, Hsbc Holdings PLC grew its position in Seagate Technology by 119.7% in the first quarter. Hsbc Holdings PLC now owns 378,527 shares of the data storage provider’s stock worth $147,753,000 after acquiring an additional 206,196 shares in the last quarter. Institutional investors own 92.87% of the company’s stock.

Insider Transactions at Seagate Technology

In related news, CEO William D. Mosley sold 11,002 shares of the firm’s stock in a transaction that occurred on Thursday, October 1st. The stock was sold at an average price of $935.60, for a total transaction of $10,293,471.20. Following the completion of the sale, the chief executive officer directly owned 362,108 shares of the company’s stock, valued at approximately $338,788,244.80. This trade represents a 2.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Morris sold 9,354 shares of the stock in a transaction on Monday, September 21st. The stock was sold at an average price of $877.91, for a total value of $8,211,970.14. Following the completion of the sale, the executive vice president owned 22,693 shares in the company, valued at approximately $19,922,411.63. The trade was a 29.19% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 466,812 shares of company stock valued at $378,583,042. Company insiders own 0.51% of the company’s stock.

Trending Headlines about Seagate Technology

Here are the key news stories impacting Seagate Technology this week:

• Positive Sentiment: Seagate reported fiscal Q1 2027 revenue of approximately $4.23 billion, up 61% year over year, and non-GAAP EPS of $7.68, exceeding the $7.44 consensus estimate. Record free cash flow of roughly $1.5 billion, stronger pricing and robust mass-capacity demand support the company’s AI and cloud-storage growth outlook. Seagate Q1 Earnings Ride Record Cash Flow and AI Demand
• Positive Sentiment: Analysts continue to highlight Seagate’s exposure to expanding data-center capacity needs. Some commentary favors STX over Western Digital because of its higher return on equity, lower forward valuation and record cash generation. Western Digital vs. Seagate
• Positive Sentiment: Seagate announced a dividend increase, adding to its appeal for income-oriented investors during market volatility and ongoing inflation and interest-rate uncertainty. Stocks That Declared Dividend Hikes
• Positive Sentiment: Wedbush maintained an “Outperform” rating, while Morgan Stanley reportedly reduced its target but still sees substantial potential upside, indicating that some analysts view the pullback as an opportunity. Wedbush Outperform Rating
• Neutral Sentiment: The earnings response has been muted because elevated expectations appear to have been largely priced into STX after its substantial prior run. Investors are weighing excellent results against valuation, future growth assumptions and the sustainability of AI-driven demand. Post-Earnings Pullback
• Negative Sentiment: Seagate is declining alongside Sandisk, Western Digital and Micron in a broader semiconductor and memory-stock selloff, suggesting sector-wide profit-taking is outweighing the company’s earnings beat. Storage and Memory Stocks Sell Off
• Negative Sentiment: TD Cowen, Morgan Stanley, Citigroup, Susquehanna and Wells Fargo lowered their price targets or forecasts. Summit Insights also downgraded the stock, creating near-term pressure even though several firms remain constructive. TD Cowen Cuts Seagate Price Target

Analysts Set New Price Targets

STX has been the topic of a number of recent research reports. Citigroup decreased their price objective on Seagate Technology from $1,300.00 to $1,050.00 and set a “buy” rating on the stock in a research report on Wednesday. Summit Insights cut Seagate Technology from a “buy” rating to a “hold” rating in a report on Wednesday. Cantor Fitzgerald cut their target price on Seagate Technology from $1,300.00 to $1,000.00 and set an “overweight” rating on the stock in a research report on Monday, October 26th. Zacks Research downgraded Seagate Technology from a “strong-buy” rating to a “hold” rating in a research report on Monday, September 28th. Finally, Argus increased their price target on Seagate Technology from $750.00 to $900.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Twenty-two analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,000.88.

Seagate Technology Stock Performance

Shares of NASDAQ:STX opened at $644.58 on Friday. The company has a market capitalization of $146.57 billion, a price-to-earnings ratio of 33.85 and a beta of 2.06. Seagate Technology Holdings PLC has a 12 month low of $228.61 and a 12 month high of $1,145.00. The firm’s 50-day moving average is $799.09 and its 200 day moving average is $688.41. The company has a current ratio of 1.82, a quick ratio of 1.17 and a debt-to-equity ratio of 0.68.

Seagate Technology (NASDAQ:STX) last announced its quarterly earnings data on Tuesday, October 27th. The data storage provider reported $7.68 earnings per share (EPS) for the quarter, topping the consensus estimate of $7.44 by $0.24. Seagate Technology had a net margin of 31.86% and a return on equity of 252.47%. The business had revenue of $4.23 billion during the quarter, compared to the consensus estimate of $4.15 billion. During the same quarter last year, the firm earned $2.61 earnings per share. The firm’s quarterly revenue was up 61.0% compared to the same quarter last year. Research analysts predict that Seagate Technology Holdings PLC will post 37.44 EPS for the current year.

Seagate Technology Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, January 7th. Stockholders of record on Wednesday, December 23rd will be issued a $0.76 dividend. The ex-dividend date is Wednesday, December 23rd. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.74. This represents a $3.04 annualized dividend and a dividend yield of 0.5%. Seagate Technology’s dividend payout ratio (DPR) is currently 15.55%.

Seagate Technology Company Profile

Seagate Technology Holdings plc (NASDAQ: STX) is a data storage company that develops and manufactures mass-capacity storage products and solutions. Its portfolio is centered on hard disk drives (HDDs) used in cloud data centers, enterprise systems, network-attached storage, video and imaging applications, and personal computers.

The company also provides storage-related services and solutions designed to help organizations store, manage, protect, and access large volumes of digital information.