Seagate Technology Holdings plc (NASDAQ:STX) Shares Acquired by Prosperity Consulting Group LLC

Prosperity Consulting Group LLC raised its position in shares of Seagate Technology Holdings plc (NASDAQ:STX) by 4.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 3,459 shares of the data storage provider’s stock after acquiring an additional 150 shares during the quarter. Prosperity Consulting Group LLC’s holdings in Seagate Technology were worth $299,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in STX. Wilmington Savings Fund Society FSB acquired a new stake in shares of Seagate Technology in the third quarter valued at approximately $54,000. JFS Wealth Advisors LLC raised its stake in shares of Seagate Technology by 27.0% in the fourth quarter. JFS Wealth Advisors LLC now owns 532 shares of the data storage provider’s stock valued at $46,000 after acquiring an additional 113 shares in the last quarter. Human Investing LLC acquired a new stake in shares of Seagate Technology in the fourth quarter valued at $48,000. Mizuho Bank Ltd. raised its stake in shares of Seagate Technology by 140.0% in the fourth quarter. Mizuho Bank Ltd. now owns 600 shares of the data storage provider’s stock valued at $52,000 after acquiring an additional 350 shares in the last quarter. Finally, Johnson Financial Group Inc. raised its stake in shares of Seagate Technology by 22.7% in the fourth quarter. Johnson Financial Group Inc. now owns 606 shares of the data storage provider’s stock valued at $52,000 after acquiring an additional 112 shares in the last quarter. Institutional investors and hedge funds own 92.87% of the company’s stock.

Seagate Technology Trading Down 0.7 %

Seagate Technology stock opened at $82.16 on Tuesday. The stock has a market cap of $17.39 billion, a PE ratio of 15.02 and a beta of 1.21. The stock has a 50-day moving average price of $84.21 and a 200 day moving average price of $93.32. Seagate Technology Holdings plc has a 52 week low of $63.19 and a 52 week high of $115.32.

Insider Buying and Selling

In other Seagate Technology news, CEO William D. Mosley sold 20,000 shares of the firm’s stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $84.56, for a total value of $1,691,200.00. Following the sale, the chief executive officer now directly owns 555,677 shares of the company’s stock, valued at approximately $46,988,047.12. This trade represents a 3.47 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.81% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have weighed in on STX shares. StockNews.com cut Seagate Technology from a “buy” rating to a “hold” rating in a research note on Friday, February 28th. Mizuho decreased their price objective on Seagate Technology from $115.00 to $95.00 and set an “outperform” rating for the company in a report on Thursday, April 10th. Citigroup decreased their price target on Seagate Technology from $115.00 to $90.00 and set a “buy” rating for the company in a report on Monday, April 14th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $120.00 price target on shares of Seagate Technology in a report on Wednesday, January 22nd. Finally, Rosenblatt Securities raised their target price on Seagate Technology from $140.00 to $150.00 and gave the company a “buy” rating in a report on Wednesday, January 22nd. One analyst has rated the stock with a sell rating, six have issued a hold rating and thirteen have assigned a buy rating to the stock. Based on data from MarketBeat.com, Seagate Technology has a consensus rating of “Moderate Buy” and a consensus target price of $117.39.

About Seagate Technology

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.