Seagate Technology Holdings PLC (NASDAQ:STX – Get Free Report) Director Stephanie Tilenius sold 1,580 shares of the stock in a transaction on Tuesday, May 5th. The shares were sold at an average price of $766.61, for a total value of $1,211,243.80. Following the sale, the director directly owned 10,664 shares in the company, valued at $8,175,129.04. This trade represents a 12.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.
Seagate Technology Stock Performance
Shares of Seagate Technology stock traded up $15.41 during trading on Wednesday, hitting $786.42. 5,562,733 shares of the company’s stock traded hands, compared to its average volume of 4,267,818. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.33 and a quick ratio of 0.85. Seagate Technology Holdings PLC has a 1 year low of $93.32 and a 1 year high of $792.01. The stock has a market capitalization of $176.34 billion, a P/E ratio of 74.61 and a beta of 1.98. The business has a 50-day simple moving average of $461.42 and a 200-day simple moving average of $361.93.
Seagate Technology (NASDAQ:STX – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The data storage provider reported $4.10 EPS for the quarter, beating the consensus estimate of $3.51 by $0.59. Seagate Technology had a return on equity of 1,005.65% and a net margin of 21.60%.The company had revenue of $3.11 billion for the quarter, compared to analysts’ expectations of $2.96 billion. During the same period last year, the firm posted $1.90 earnings per share. Seagate Technology’s revenue was up 44.1% compared to the same quarter last year. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. As a group, analysts forecast that Seagate Technology Holdings PLC will post 14.1 EPS for the current year.
Seagate Technology Dividend Announcement
Institutional Inflows and Outflows
A number of large investors have recently made changes to their positions in the stock. Beaumont Financial Advisors LLC lifted its position in shares of Seagate Technology by 2.1% during the 1st quarter. Beaumont Financial Advisors LLC now owns 820 shares of the data storage provider’s stock valued at $321,000 after buying an additional 17 shares in the last quarter. Cornerstone Wealth Group LLC lifted its position in shares of Seagate Technology by 0.5% during the 1st quarter. Cornerstone Wealth Group LLC now owns 3,542 shares of the data storage provider’s stock valued at $1,388,000 after buying an additional 19 shares in the last quarter. Gateway Investment Advisers LLC lifted its position in shares of Seagate Technology by 1.8% during the 4th quarter. Gateway Investment Advisers LLC now owns 1,399 shares of the data storage provider’s stock valued at $385,000 after buying an additional 25 shares in the last quarter. Trajan Wealth LLC lifted its position in shares of Seagate Technology by 1.9% during the 4th quarter. Trajan Wealth LLC now owns 1,325 shares of the data storage provider’s stock valued at $365,000 after buying an additional 25 shares in the last quarter. Finally, TSG Advice Partners LLC lifted its position in shares of Seagate Technology by 1.9% during the 1st quarter. TSG Advice Partners LLC now owns 1,448 shares of the data storage provider’s stock valued at $567,000 after buying an additional 27 shares in the last quarter. 92.87% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Seagate Technology
Here are the key news stories impacting Seagate Technology this week:
- Positive Sentiment: Seagate rolled out a new AI Storage Suite across Seagate, FireCuda and LaCie lines — high‑capacity (up to 256TB), Thunderbolt 5 support and creator/AI‑workflow features that reinforce Seagate’s TAM exposure to AI and content creation, supporting a premium valuation. Seagate’s New AI Storage Suite Meets Rapidly Rising STX Valuation
- Positive Sentiment: Wall Street coverage highlights momentum in STX — articles point to the company’s earnings beat, improving revenue mix and secular demand for storage tied to AI/datacenter as reasons for continued investor appetite. Seagate Stocks’s Rally Is No Accident: 3 Reasons Wall Street Is Optimistic
- Positive Sentiment: Momentum‑oriented research pieces (e.g., Zacks) are flagging STX as a high‑momentum name, which can attract trend‑following flows and ETFs. Seagate (STX) is a Great Momentum Stock: Should You Buy?
- Positive Sentiment: Broader market risk appetite is improving as the VIX retreats, which benefits tech and cyclical names like Seagate and likely helped lift STX alongside sector peers. CBOE VIX Slides Toward 17 as Oil Retreat and Tech Stock Surge Restore Risk Appetite
- Neutral Sentiment: Seagate will participate in upcoming investor events — increased management visibility can help sustain the rally if messaging reinforces demand trends and margin outlook. Seagate to Participate in Upcoming Investor Events
- Neutral Sentiment: Lead Independent Director Mike Cannon announced he will retire at the end of his term in Oct. 2026 — a governance change to watch but not an immediate operational issue. Seagate Announces the Retirement of Michael R. Cannon, Lead Independent Director
- Negative Sentiment: Several insiders sold stock this week under pre‑arranged 10b5‑1 plans: EVP John Christopher Morris sold 5,626 shares (~$4.15M) — a sizable single‑trade disposition that can signal executive profit‑taking despite being pre‑planned. Form 4 — John Christopher Morris
- Negative Sentiment: EVP James Ci Lee sold 697 shares (~$516K), reducing his stake by ~68% — another insider sale that contributes to supply into the market. Form 4 — James Ci Lee
- Negative Sentiment: Director Stephanie Tilenius sold 1,580 shares (~$1.21M), a ~12.9% reduction in her holding — additional insider selling that could be read as portfolio rebalancing or profit‑taking. Form 4 — Stephanie Tilenius
Wall Street Analyst Weigh In
STX has been the topic of several recent analyst reports. China Renaissance increased their price objective on Seagate Technology from $325.00 to $452.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. UBS Group raised their target price on Seagate Technology from $515.00 to $545.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Barclays raised their target price on Seagate Technology from $625.00 to $750.00 and gave the stock an “overweight” rating in a research report on Wednesday, April 29th. The Goldman Sachs Group raised their target price on Seagate Technology from $385.00 to $700.00 and gave the stock a “buy” rating in a research report on Wednesday, April 29th. Finally, Wells Fargo & Company raised their target price on Seagate Technology from $450.00 to $700.00 and gave the stock an “equal weight” rating in a research report on Wednesday, April 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, Seagate Technology has a consensus rating of “Moderate Buy” and an average price target of $709.13.
Get Our Latest Analysis on STX
Seagate Technology Company Profile
Seagate Technology (NASDAQ: STX) is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm’s product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.
Seagate’s products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.
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