Seagate Technology Holdings plc (NASDAQ:STX) Shares Sold by Atria Wealth Solutions Inc.

Atria Wealth Solutions Inc. lessened its stake in Seagate Technology Holdings plc (NASDAQ:STXFree Report) by 0.9% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 25,015 shares of the data storage provider’s stock after selling 234 shares during the quarter. Atria Wealth Solutions Inc.’s holdings in Seagate Technology were worth $1,658,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Metis Global Partners LLC lifted its stake in Seagate Technology by 18.5% during the third quarter. Metis Global Partners LLC now owns 10,222 shares of the data storage provider’s stock worth $674,000 after purchasing an additional 1,595 shares during the last quarter. Massachusetts Financial Services Co. MA lifted its stake in Seagate Technology by 24.3% during the third quarter. Massachusetts Financial Services Co. MA now owns 2,410,163 shares of the data storage provider’s stock worth $158,950,000 after purchasing an additional 470,592 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Seagate Technology by 31.5% during the third quarter. Mirae Asset Global Investments Co. Ltd. now owns 63,179 shares of the data storage provider’s stock worth $4,167,000 after purchasing an additional 15,146 shares during the last quarter. Hosking Partners LLP lifted its stake in Seagate Technology by 7.2% during the second quarter. Hosking Partners LLP now owns 190,961 shares of the data storage provider’s stock worth $11,815,000 after purchasing an additional 12,835 shares during the last quarter. Finally, CHURCHILL MANAGEMENT Corp purchased a new stake in Seagate Technology during the third quarter worth approximately $2,841,000. Hedge funds and other institutional investors own 85.26% of the company’s stock.

Seagate Technology Stock Up 2.0 %

Shares of STX stock opened at $89.41 on Monday. Seagate Technology Holdings plc has a 1-year low of $54.32 and a 1-year high of $92.04. The business’s fifty day moving average price is $84.37 and its 200 day moving average price is $74.10.

Seagate Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 4th. Investors of record on Thursday, March 21st will be given a dividend of $0.70 per share. The ex-dividend date of this dividend is Wednesday, March 20th. This represents a $2.80 annualized dividend and a yield of 3.13%. Seagate Technology’s dividend payout ratio (DPR) is presently -80.00%.

Insider Buying and Selling

In related news, EVP Ban Seng Teh sold 10,000 shares of the stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $85.00, for a total transaction of $850,000.00. Following the transaction, the executive vice president now directly owns 24,289 shares in the company, valued at $2,064,565. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other Seagate Technology news, EVP Ban Seng Teh sold 10,000 shares of the company’s stock in a transaction dated Wednesday, December 13th. The stock was sold at an average price of $85.00, for a total transaction of $850,000.00. Following the completion of the sale, the executive vice president now directly owns 24,289 shares in the company, valued at $2,064,565. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO William D. Mosley sold 1,396 shares of the company’s stock in a transaction dated Saturday, December 9th. The stock was sold at an average price of $80.59, for a total value of $112,503.64. Following the sale, the chief executive officer now owns 670,378 shares of the company’s stock, valued at $54,025,763.02. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 81,994 shares of company stock worth $6,547,701. 0.89% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several research firms have commented on STX. Summit Insights raised Seagate Technology from a “sell” rating to a “hold” rating in a research report on Thursday, October 26th. Rosenblatt Securities lifted their price target on Seagate Technology from $100.00 to $115.00 and gave the stock a “buy” rating in a research report on Thursday, January 25th. Mizuho lifted their price target on Seagate Technology from $66.00 to $70.00 and gave the stock a “buy” rating in a research report on Friday, October 27th. Barclays lifted their price target on Seagate Technology from $65.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Tuesday, January 16th. Finally, Wells Fargo & Company lifted their price target on Seagate Technology from $80.00 to $90.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 1st. Two analysts have rated the stock with a sell rating, eleven have given a hold rating and six have assigned a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $79.00.

Get Our Latest Report on Seagate Technology

Seagate Technology Profile

(Free Report)

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.

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Institutional Ownership by Quarter for Seagate Technology (NASDAQ:STX)

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