CoreCap Advisors LLC Boosts Holdings in Seagate Technology Holdings PLC $STX

CoreCap Advisors LLC lifted its stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX) by 467.4% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,360 shares of the data storage provider’s stock after buying an additional 5,239 shares during the quarter. CoreCap Advisors LLC’s holdings in Seagate Technology were worth $1,501,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the stock. Harbor Asset Planning Inc. bought a new stake in Seagate Technology during the 2nd quarter valued at approximately $27,000. Rakuten Securities Inc. lifted its stake in shares of Seagate Technology by 884.2% in 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 during the period. MTM Investment Management LLC bought a new stake in shares of Seagate Technology during the second quarter valued at approximately $29,000. GoalVest Advisory LLC boosted its position in shares of Seagate Technology by 30.6% during the second quarter. GoalVest Advisory LLC now owns 320 shares of the data storage provider’s stock valued at $46,000 after purchasing an additional 75 shares in the last quarter. Finally, Trust Co. of Toledo NA OH purchased a new stake in Seagate Technology in the second quarter worth $57,000. 92.87% of the stock is owned by institutional investors.

Key Seagate Technology News

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

• Positive Sentiment: Seagate’s HAMR roadmap and higher-capacity drives are highlighted as a multi-year growth driver for data-center storage demand, supporting long-term revenue upside. Seagate: HAMR Drives To Boost Capacity Of The Growth Story
• Positive Sentiment: Sector momentum: analysts and investors are rotating into storage names as AI spending lifts demand for cold and warm storage — contributing to Seagate hitting record highs earlier this week. Why Micron, Seagate, and Western Digital Shares Soared
• Positive Sentiment: Visibility and institutional interest are rising — Nasdaq/index moves and analyst target increases (and a modest dividend bump) have reinforced the bullish narrative and raised investor attention. Seagate Technology (NASDAQ:STX) Nasdaq Index Expands Storage Reach
• Neutral Sentiment: Supply dynamics are shifting in memory and modules (a 2026 RAM shortage story); tighter upstream components could reshape OEM buying patterns — ambiguous for Seagate: could boost some demand but also constrain system builds. Why is there a RAM shortage in 2026?
• Negative Sentiment: Insider selling: CEO William Mosley disclosed a sale of 20,000 shares (~$5.7M), which can amplify short-term selling and raises caution among some investors. Seagate Technology (NASDAQ:STX) CEO Sells $5,711,200.00 in Stock
• Negative Sentiment: Valuation and profit-taking: after a roughly 254% one‑year gain, some coverage asks whether STX is fully priced; stretched multiples and short‑term revenue/consensus risk are prompting traders to lock in gains. Is It Too Late To Consider Seagate Technology Holdings (STX) After Its 254% One-Year Surge

Insiders Place Their Bets

In other news, CFO Gianluca Romano sold 54,021 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $285.16, for a total value of $15,404,628.36. Following the completion of the transaction, the chief financial officer owned 56,293 shares in the company, valued at $16,052,511.88. The trade was a 48.97% 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. Also, Director Stephanie Tilenius sold 2,046 shares of the company’s stock in a transaction on Monday, November 3rd. The shares were sold at an average price of $266.41, for a total value of $545,074.86. Following the transaction, the director directly owned 12,244 shares in the company, valued at approximately $3,261,924.04. The trade was a 14.32% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 132,555 shares of company stock worth $36,743,207. 0.79% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

Several equities analysts have commented on STX shares. Barclays raised their price objective on Seagate Technology from $200.00 to $240.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 29th. Mizuho increased their price target on shares of Seagate Technology from $245.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. BNP Paribas Exane lowered their price target on shares of Seagate Technology from $240.00 to $230.00 and set a “neutral” rating for the company in a research report on Wednesday, October 29th. Loop Capital upped their price objective on shares of Seagate Technology from $350.00 to $465.00 and gave the stock a “buy” rating in a report on Monday, November 10th. Finally, Benchmark raised their target price on shares of Seagate Technology from $255.00 to $325.00 and gave the company a “buy” rating in a research note on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Seagate Technology currently has an average rating of “Moderate Buy” and an average target price of $293.13.

Seagate Technology Stock Down 7.7%

NASDAQ:STX opened at $284.47 on Friday. The stock has a market cap of $60.75 billion, a price-to-earnings ratio of 36.52, a PEG ratio of 1.21 and a beta of 1.60. The company’s 50 day moving average price is $277.15 and its 200-day moving average price is $215.41. Seagate Technology Holdings PLC has a 52 week low of $63.19 and a 52 week high of $332.00.

Seagate Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Shareholders of record on Wednesday, December 24th will be issued a $0.74 dividend. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Wednesday, December 24th. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.72. Seagate Technology’s dividend payout ratio is 38.00%.

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.