Seagate Technology Holdings PLC $STX is Apis Capital Advisors LLC’s 8th Largest Position

Apis Capital Advisors LLC cut its stake in Seagate Technology Holdings PLC (NASDAQ:STX) by 19.2% in the 4th quarter, Holdings Channel reports. The fund owned 92,400 shares of the data storage provider’s stock after selling 21,900 shares during the quarter. Seagate Technology comprises about 4.4% of Apis Capital Advisors LLC’s holdings, making the stock its 8th largest position. Apis Capital Advisors LLC’s holdings in Seagate Technology were worth $25,446,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in STX. Integrated Wealth Concepts LLC grew its position in Seagate Technology by 168.0% in the first quarter. Integrated Wealth Concepts LLC now owns 7,177 shares of the data storage provider’s stock worth $610,000 after acquiring an additional 4,499 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Seagate Technology in the second quarter worth $262,000. Cerity Partners LLC grew its position in Seagate Technology by 25.8% in the second quarter. Cerity Partners LLC now owns 36,682 shares of the data storage provider’s stock worth $5,294,000 after acquiring an additional 7,517 shares in the last quarter. Sei Investments Co. grew its position in Seagate Technology by 64.8% in the second quarter. Sei Investments Co. now owns 8,543 shares of the data storage provider’s stock worth $1,233,000 after acquiring an additional 3,358 shares in the last quarter. Finally, The Manufacturers Life Insurance Company grew its position in Seagate Technology by 0.4% in the second quarter. The Manufacturers Life Insurance Company now owns 127,887 shares of the data storage provider’s stock worth $18,458,000 after acquiring an additional 462 shares in the last quarter. 92.87% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Seagate Technology news, CEO William D. Mosley sold 1,768 shares of the firm’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $880.19, for a total value of $1,556,175.92. Following the completion of the sale, the chief executive officer directly owned 327,517 shares in the company, valued at $288,277,188.23. This trade represents a 0.54% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, Director Shankar Arumugavelu sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $927.68, for a total transaction of $927,680.00. Following the transaction, the director directly owned 6,626 shares of the company’s stock, valued at $6,146,807.68. This represents a 13.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 141,069 shares of company stock valued at $107,161,712 over the last ninety days. 0.79% of the stock is owned by corporate insiders.

More Seagate Technology News

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

• Positive Sentiment: Morgan Stanley’s bullish call helped reinforce the view that Seagate is a key beneficiary of AI infrastructure spending, with analysts citing pricing power and supply shortages that could support earnings for years. Article Title
• Positive Sentiment: Recent coverage has highlighted Seagate as one of the top-performing memory/storage names in 2026, as investors continue to favor companies tied to AI data-center buildout and rising storage demand. Article Title
• Positive Sentiment: Additional reports this week said Seagate’s Mozaic HAMR platform and higher-capacity drives could strengthen its competitive position as AI-driven storage needs expand. Article Title
• Positive Sentiment: Seagate also got a lift from broader sector optimism after the U.S.-Iran ceasefire reduced geopolitical risk and improved sentiment toward memory and storage stocks. Article Title
• Neutral Sentiment: Several insiders, including the CEO and CFO, sold shares recently, but the transactions were relatively small versus their holdings and may simply reflect pre-planned trading activity.
• Neutral Sentiment: Some articles noted Seagate is already in a strong technical run and has reached new highs, which may attract momentum investors but also raises valuation concerns.
• Negative Sentiment: Because the stock has surged sharply already, some analysts and commentators warned the market may be pricing in a lot of perfection, leaving less room for error if storage pricing or AI demand cools. Article Title

Analyst Upgrades and Downgrades

STX has been the subject of several research reports. Susquehanna upped their target price on shares of Seagate Technology from $485.00 to $615.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Citigroup upped their target price on shares of Seagate Technology from $740.00 to $1,150.00 and gave the stock a “buy” rating in a research report on Tuesday, June 2nd. UBS Group upped their target price on shares of Seagate Technology from $515.00 to $545.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 29th. Zacks Research upgraded shares of Seagate Technology from a “hold” rating to a “strong-buy” rating in a research report on Friday, May 1st. Finally, Wells Fargo & Company upped their price target on shares of Seagate Technology from $700.00 to $900.00 and gave the company an “equal weight” rating in a research report on Monday, June 1st. One investment 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 stock. According to data from MarketBeat.com, Seagate Technology currently has a consensus rating of “Moderate Buy” and a consensus target price of $831.79.

Seagate Technology Stock Performance

Shares of STX opened at $1,066.07 on Thursday. 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 one year low of $130.32 and a one year high of $1,097.00. The company has a 50-day simple moving average of $745.62 and a two-hundred day simple moving average of $493.64. The firm has a market capitalization of $239.04 billion, a PE ratio of 101.15 and a beta of 2.04.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings data on Tuesday, April 28th. The data storage provider reported $4.10 EPS for the quarter, topping the consensus estimate of $3.51 by $0.59. Seagate Technology had a net margin of 21.60% and a return on equity of 1,005.65%. The business had revenue of $3.11 billion during the quarter, compared to analyst estimates of $2.96 billion. During the same period last year, the business posted $1.90 earnings per share. Seagate Technology’s quarterly 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. On average, analysts anticipate that Seagate Technology Holdings PLC will post 14.14 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 24th will be issued a $0.74 dividend. The ex-dividend date is Wednesday, June 24th. This represents a $2.96 annualized dividend and a yield of 0.3%. Seagate Technology’s dividend payout ratio (DPR) is 28.08%.

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.