Sivia Capital Partners LLC Acquires 2,538 Shares of Seagate Technology Holdings PLC $STX

Sivia Capital Partners LLC raised its holdings in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 136.1% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,403 shares of the data storage provider’s stock after buying an additional 2,538 shares during the period. Sivia Capital Partners LLC’s holdings in Seagate Technology were worth $1,213,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Salomon & Ludwin LLC increased its stake in Seagate Technology by 124.4% during the 4th quarter. Salomon & Ludwin LLC now owns 92 shares of the data storage provider’s stock valued at $27,000 after purchasing an additional 51 shares in the last quarter. Rakuten Securities Inc. increased its stake in Seagate Technology by 884.2% during the 2nd quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock valued at $27,000 after purchasing an additional 168 shares in the last quarter. Armstrong Advisory Group Inc. bought a new stake in Seagate Technology during the 4th quarter valued at $28,000. Avion Wealth increased its stake in Seagate Technology by 343.5% during the 4th quarter. Avion Wealth now owns 102 shares of the data storage provider’s stock valued at $28,000 after purchasing an additional 79 shares in the last quarter. Finally, Concord Wealth Partners bought a new stake in Seagate Technology during the 4th quarter valued at $28,000. Institutional investors own 92.87% of the company’s stock.

Insider Activity at Seagate Technology

In other Seagate Technology news, EVP Ban Seng Teh sold 8,003 shares of the company’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $817.28, for a total transaction of $6,540,691.84. Following the sale, the executive vice president directly owned 3,691 shares of the company’s stock, valued at $3,016,580.48. This represents a 68.44% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP John Christopher Morris sold 5,626 shares of the company’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $738.37, for a total transaction of $4,154,069.62. Following the sale, the executive vice president directly owned 11,954 shares in the company, valued at approximately $8,826,474.98. This trade represents a 32.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 154,187 shares of company stock valued at $107,340,021 over the last quarter. Corporate insiders own 0.79% of the company’s stock.

Analyst Upgrades and Downgrades

STX has been the subject of a number of recent research reports. Jefferies Financial Group restated a “hold” rating on shares of Seagate Technology in a research note on Wednesday, February 4th. Bank of America boosted their price target on shares of Seagate Technology from $840.00 to $900.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Argus upped their target price on shares of Seagate Technology from $450.00 to $750.00 and gave the stock a “buy” rating in a research note on Thursday, April 30th. 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 note on Tuesday. Finally, Wedbush upped their target price on shares of Seagate Technology from $700.00 to $825.00 and gave the stock an “outperform” rating in a research note on Monday, April 27th. One research 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 company’s stock. According to data from MarketBeat, Seagate Technology presently has a consensus rating of “Moderate Buy” and a consensus price target of $772.04.

Seagate Technology Stock Performance

NASDAQ STX opened at $940.69 on Thursday. Seagate Technology Holdings PLC has a 1 year low of $123.73 and a 1 year high of $966.80. The company has a debt-to-equity ratio of 3.16, a current ratio of 1.33 and a quick ratio of 0.85. The firm has a market cap of $210.93 billion, a price-to-earnings ratio of 89.25 and a beta of 2.04. The company has a fifty day moving average price of $642.80 and a 200-day moving average price of $446.76.

Seagate Technology (NASDAQ:STX) last issued its quarterly earnings results on Tuesday, April 28th. The data storage provider reported $4.10 earnings per share for the quarter, topping analysts’ consensus estimates of $3.51 by $0.59. The company had revenue of $3.11 billion for the quarter, compared to the consensus estimate of $2.96 billion. Seagate Technology had a net margin of 21.60% and a return on equity of 1,005.65%. The firm’s quarterly revenue was up 44.1% on a year-over-year basis. During the same period in the previous year, the firm earned $1.90 EPS. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. As a group, equities research analysts predict that Seagate Technology Holdings PLC will post 14.1 EPS for the current fiscal year.

Seagate Technology Dividend Announcement

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

Trending Headlines about Seagate Technology

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

• Positive Sentiment: Citigroup raised its price target on Seagate Technology Holdings PLC (STX) to $1,150 and reiterated a Buy rating, which is likely helping fuel the stock’s recent strength. Article Title
• Positive Sentiment: Seagate also reached a $175 million settlement over Huawei-related shareholder claims, which may reduce a lingering legal overhang and improve sentiment. Article Title
• Positive Sentiment: A Forbes piece highlighted Seagate as a data-storage name making new records, reflecting continued momentum in the stock after strong earnings and guidance. Article Title
• Neutral Sentiment: Seagate presented at Bank of America’s 2026 Global Technology Conference, but no major new operational update was included in the transcript. Article Title
• Negative Sentiment: Multiple insiders, including CEO William D. Mosley and directors Yolanda Lee Conyers and Prat Bhatt, sold shares in pre-arranged transactions. These sales were likely routine, but they can still temper enthusiasm at elevated share prices.

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.