Kingswood Wealth Advisors LLC Has $1.56 Million Stock Holdings in Seagate Technology Holdings PLC $STX

Kingswood Wealth Advisors LLC trimmed its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 30.1% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 6,614 shares of the data storage provider’s stock after selling 2,848 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in Seagate Technology were worth $1,561,000 as of its most recent filing with the SEC.

A number of other institutional investors have also recently bought and sold shares of STX. Harbor Asset Planning Inc. acquired a new position in shares of Seagate Technology in the second quarter valued at approximately $27,000. Rakuten Securities Inc. lifted its position in Seagate Technology by 884.2% in the 2nd quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after acquiring an additional 168 shares in the last quarter. MTM Investment Management LLC acquired a new position in Seagate Technology in the 2nd quarter worth $29,000. True Wealth Design LLC increased its holdings in Seagate Technology by 665.7% during the 3rd quarter. True Wealth Design LLC now owns 268 shares of the data storage provider’s stock worth $63,000 after purchasing an additional 233 shares in the last quarter. Finally, GoalVest Advisory LLC increased its holdings in Seagate Technology by 30.6% during the 2nd quarter. GoalVest Advisory LLC now owns 320 shares of the data storage provider’s stock worth $46,000 after purchasing an additional 75 shares in the last quarter. Institutional investors own 92.87% of the company’s stock.

Insider Buying and Selling

In other news, EVP Kian Fatt Chong sold 7,078 shares of the business’s stock in a transaction dated Thursday, October 30th. The shares were sold at an average price of $272.14, for a total transaction of $1,926,206.92. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Ban Seng Teh sold 6,000 shares of the company’s stock in a transaction dated Wednesday, November 5th. The shares were sold at an average price of $270.00, for a total transaction of $1,620,000.00. Following the completion of the sale, the executive vice president directly owned 12,041 shares in the company, valued at approximately $3,251,070. The trade was a 33.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 132,555 shares of company stock worth $36,743,207. Corporate insiders own 0.79% of the company’s stock.

Key Stories Impacting Seagate Technology

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

• Positive Sentiment: Seagate’s HAMR roadmap and higher-capacity drives are highlighted as a multi-year growth driver for data-center storage demand, supporting long-term revenue upside. Seagate: HAMR Drives To Boost Capacity Of The Growth Story
• Positive Sentiment: Sector momentum: analysts and investors are rotating into storage names as AI spending lifts demand for cold and warm storage — contributing to Seagate hitting record highs earlier this week. Why Micron, Seagate, and Western Digital Shares Soared
• Positive Sentiment: Visibility and institutional interest are rising — Nasdaq/index moves and analyst target increases (and a modest dividend bump) have reinforced the bullish narrative and raised investor attention. Seagate Technology (NASDAQ:STX) Nasdaq Index Expands Storage Reach
• Neutral Sentiment: Supply dynamics are shifting in memory and modules (a 2026 RAM shortage story); tighter upstream components could reshape OEM buying patterns — ambiguous for Seagate: could boost some demand but also constrain system builds. Why is there a RAM shortage in 2026?
• Negative Sentiment: Insider selling: CEO William Mosley disclosed a sale of 20,000 shares (~$5.7M), which can amplify short-term selling and raises caution among some investors. Seagate Technology (NASDAQ:STX) CEO Sells $5,711,200.00 in Stock
• Negative Sentiment: Valuation and profit-taking: after a roughly 254% one‑year gain, some coverage asks whether STX is fully priced; stretched multiples and short‑term revenue/consensus risk are prompting traders to lock in gains. Is It Too Late To Consider Seagate Technology Holdings (STX) After Its 254% One-Year Surge

Seagate Technology Stock Down 7.7%

NASDAQ:STX opened at $284.47 on Friday. Seagate Technology Holdings PLC has a twelve month low of $63.19 and a twelve month high of $332.00. The firm has a market capitalization of $60.75 billion, a price-to-earnings ratio of 36.52, a price-to-earnings-growth ratio of 1.21 and a beta of 1.60. The stock’s 50 day moving average price is $277.15 and its two-hundred day moving average price is $215.41.

Seagate Technology Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Wednesday, December 24th will be paid a $0.74 dividend. This is an increase from Seagate Technology’s previous quarterly dividend of $0.72. This represents a $2.96 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, December 24th. Seagate Technology’s dividend payout ratio is 38.00%.

Analyst Upgrades and Downgrades

STX has been the topic of a number of research reports. Rosenblatt Securities boosted their price target on Seagate Technology from $250.00 to $270.00 and gave the company a “buy” rating in a report on Wednesday, October 29th. Benchmark lifted their target price on Seagate Technology from $255.00 to $325.00 and gave the company a “buy” rating in a research report on Tuesday, December 16th. TD Cowen upped their price target on Seagate Technology from $270.00 to $340.00 and gave the stock a “buy” rating in a research report on Tuesday, November 11th. The Goldman Sachs Group raised their price target on shares of Seagate Technology from $170.00 to $270.00 and gave the stock a “buy” rating in a research note on Wednesday, October 8th. Finally, Barclays lifted their price objective on shares of Seagate Technology from $200.00 to $240.00 and gave the company an “equal weight” rating in a report on Wednesday, October 29th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Seagate Technology has an average rating of “Moderate Buy” and an average target price of $293.13.

Seagate Technology 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.