Seagate Technology Holdings PLC $STX Shares Sold by Kwmg LLC

Kwmg LLC lessened its stake in Seagate Technology Holdings PLC (NASDAQ:STX) by 14.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 52,930 shares of the data storage provider’s stock after selling 9,194 shares during the period. Seagate Technology comprises approximately 1.3% of Kwmg LLC’s investment portfolio, making the stock its 26th largest holding. Kwmg LLC’s holdings in Seagate Technology were worth $14,576,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Retireful LLC purchased a new stake in Seagate Technology during the fourth quarter worth $268,000. Capital Advisors Inc. OK raised its position in shares of Seagate Technology by 82.6% in the fourth quarter. Capital Advisors Inc. OK now owns 2,162 shares of the data storage provider’s stock worth $595,000 after acquiring an additional 978 shares during the period. Frank Rimerman Advisors LLC raised its position in shares of Seagate Technology by 7.6% in the fourth quarter. Frank Rimerman Advisors LLC now owns 2,076 shares of the data storage provider’s stock worth $572,000 after acquiring an additional 146 shares during the period. Three Seasons Wealth LLC boosted its stake in shares of Seagate Technology by 354.8% during the 4th quarter. Three Seasons Wealth LLC now owns 9,542 shares of the data storage provider’s stock worth $2,635,000 after acquiring an additional 7,444 shares in the last quarter. Finally, Affinity Wealth Management LLC grew its position in shares of Seagate Technology by 9.5% during the 4th quarter. Affinity Wealth Management LLC now owns 32,021 shares of the data storage provider’s stock valued at $8,818,000 after acquiring an additional 2,784 shares during the period. 92.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Seagate Technology news, EVP James Ci Lee sold 673 shares of the firm’s stock in a transaction that occurred on Monday, January 26th. The shares were sold at an average price of $348.85, for a total value of $234,776.05. Following the transaction, the executive vice president directly owned 257 shares of the company’s stock, valued at $89,654.45. This trade represents a 72.37% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Ban Seng Teh sold 20,195 shares of the business’s stock in a transaction that occurred on Thursday, January 29th. The stock was sold at an average price of $442.29, for a total value of $8,932,046.55. Following the transaction, the executive vice president owned 3,092 shares in the company, valued at approximately $1,367,560.68. This represents a 86.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 113,635 shares of company stock worth $44,430,443 in the last 90 days. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Stock Performance

NASDAQ STX opened at $423.12 on Thursday. The company has a debt-to-equity ratio of 7.63, a current ratio of 1.12 and a quick ratio of 0.72. The stock’s 50 day simple moving average is $401.01 and its 200-day simple moving average is $311.55. The company has a market cap of $92.27 billion, a PE ratio of 47.86, a price-to-earnings-growth ratio of 0.87 and a beta of 1.61. Seagate Technology Holdings PLC has a 1-year low of $63.19 and a 1-year high of $459.84.

Seagate Technology (NASDAQ:STX) last posted its quarterly earnings data on Tuesday, January 27th. The data storage provider reported $3.11 EPS for the quarter, beating the consensus estimate of $2.77 by $0.34. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.The firm had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same period in the prior year, the company earned $2.03 EPS. The firm’s revenue was up 21.5% compared to the same quarter last year. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. As a group, equities research analysts anticipate that Seagate Technology Holdings PLC will post 6.83 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be paid a dividend of $0.74 per share. This represents a $2.96 annualized dividend and a yield of 0.7%. The ex-dividend date of this dividend is Wednesday, March 25th. Seagate Technology’s dividend payout ratio is currently 33.48%.

Key Seagate Technology News

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

• Positive Sentiment: Sanford C. Bernstein raised its price target sharply to $620 and kept an Outperform rating, highlighting confidence in Seagate’s long-term demand and framing recent weakness as a buying opportunity. Bernstein $620 Target
• Positive Sentiment: JPMorgan initiated coverage with an Overweight (market-available reports indicate an upbeat stance), adding institutional analyst support that can lift sentiment and flows into the stock. JPMorgan Initiates Coverage
• Positive Sentiment: Recent quarterly results beat estimates (EPS and revenue) and management set solid next-quarter EPS guidance, which underpins the rally and the bullish analyst takes. Earnings & Analysis
• Neutral Sentiment: Several bullish commentaries argue the recent pullback is a buying opportunity; these are outlook/opinion pieces that can influence retail sentiment but are not new fundamentals. Opportunity Thesis
• Neutral Sentiment: MarketWatch and other outlets note Seagate outperformed peers on a strong trading day — useful for momentum traders but more descriptive than catalytic. Trading Day Report
• Negative Sentiment: Zacks downgraded STX from “strong-buy” to “hold,” which could temper momentum from recent upgrades and make some investors cautious. Zacks Downgrade
• Negative Sentiment: Analysts and commentaries flagged valuation concerns after the run-up — several pieces argue the stock is pricey versus the story, which raises risk for profit-taking. Valuation Skepticism
• Negative Sentiment: Sector-wide volatility—driven by reports of Nvidia design shifts and algorithm/quant trading (TurboQuant) that hit memory/storage names—adds risk of short-term pullbacks independent of Seagate’s fundamentals. Sector Volatility

Analyst Upgrades and Downgrades

STX has been the subject of a number of analyst reports. TD Cowen upped their price target on Seagate Technology from $340.00 to $500.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. Mizuho boosted their price objective on Seagate Technology from $440.00 to $475.00 and gave the company an “outperform” rating in a research report on Tuesday, February 17th. China Renaissance upped their target price on Seagate Technology from $325.00 to $452.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Benchmark increased 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. Finally, Citigroup lifted their price target on shares of Seagate Technology from $460.00 to $480.00 and gave the company a “buy” rating in a research note on Friday, February 6th. Nineteen investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $461.00.

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.