William Mosley Sells 24,584 Shares of Seagate Technology (NASDAQ:STX) Stock

Seagate Technology Holdings PLC (NASDAQ:STX) CEO William Mosley sold 24,584 shares of the stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $406.77, for a total transaction of $10,000,033.68. Following the completion of the transaction, the chief executive officer directly owned 375,591 shares of the company’s stock, valued at approximately $152,779,151.07. The trade was a 6.14% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Seagate Technology Stock Performance

Seagate Technology stock opened at $424.96 on Wednesday. The stock’s 50 day simple moving average is $393.13 and its two-hundred day simple moving average is $304.00. The company has a debt-to-equity ratio of 7.63, a quick ratio of 0.72 and a current ratio of 1.12. The stock has a market cap of $92.67 billion, a price-to-earnings ratio of 48.07, a PEG ratio of 0.90 and a beta of 1.61. Seagate Technology Holdings PLC has a fifty-two week low of $63.19 and a fifty-two week high of $459.84.

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

Seagate Technology Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Shareholders of record on Wednesday, March 25th will be issued a $0.74 dividend. The ex-dividend date is Wednesday, March 25th. This represents a $2.96 dividend on an annualized basis and a yield of 0.7%. Seagate Technology’s dividend payout ratio is 33.48%.

Seagate Technology News Roundup

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

• Positive Sentiment: Strong demand tailwind: Memory and storage stocks (including Seagate) remain a favored trade as heavy AI/datacenter spending is boosting revenue expectations for the group — supports continued multiple expansion and investor appetite. Memory Is Wall Street’s Favorite Tech Trade
• Positive Sentiment: Momentum and valuation attention: Seagate’s strong recent share-price gains (noted 3‑month and YTD outperformance) are drawing fresh valuation-focused coverage that can attract momentum and growth-oriented flows. Valuation After Recent Share Price Momentum
• Positive Sentiment: Analyst support: Multiple firms have raised price targets and maintain overweight/buy views, raising the consensus target and reinforcing bullish investor narratives. MarketBeat Analyst Notes
• Positive Sentiment: Dividend confirmation: Seagate declared a quarterly dividend (record/ex‑dividend dates noted), which can support demand from income and dividend-focused investors. Dividend Announcement
• Neutral Sentiment: Options/volatility signal: Implied volatility is very high (IV Rank ~80%), making option strategies attractive for traders and indicating big expected moves — can amplify intraday swings but is not a directional fundamental. Seagate Stock Volatility & Options Strategy
• Neutral Sentiment: Short-interest data appears inconsistent/noisy in recent reports (values reported as zero/NaN) — current reads don’t provide a clear short-squeeze signal and should be treated cautiously until clarified. (No clean external link; data pulled from market feeds.)
• Negative Sentiment: Insider selling: CEO William Mosley sold ~24,584 shares (~$10M) in a March 19 filing — not uncommon for diversification but can be perceived negatively by some investors. CEO Insider Sale Filing

Hedge Funds Weigh In On Seagate Technology

Several institutional investors and hedge funds have recently modified their holdings of the stock. Salomon & Ludwin LLC raised its position in Seagate Technology by 124.4% in the 4th quarter. Salomon & Ludwin LLC now owns 92 shares of the data storage provider’s stock worth $27,000 after buying an additional 51 shares during the last quarter. Rakuten Securities Inc. boosted its holdings in shares of 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 acquiring an additional 168 shares during the last quarter. Armstrong Advisory Group Inc. purchased a new stake in shares of Seagate Technology during the 4th quarter valued at about $28,000. Avion Wealth grew its stake in shares of Seagate Technology by 343.5% in the fourth quarter. Avion Wealth now owns 102 shares of the data storage provider’s stock worth $28,000 after acquiring an additional 79 shares during the period. Finally, Concord Wealth Partners bought a new stake in shares of Seagate Technology in the fourth quarter worth approximately $28,000. 92.87% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently commented on STX. Weiss Ratings restated a “buy (b)” rating on shares of Seagate Technology in a report on Monday, December 29th. China Renaissance increased their price target on shares of Seagate Technology from $325.00 to $452.00 and gave the stock a “buy” rating in a research note on Thursday, January 15th. Rosenblatt Securities lifted their price target on shares of Seagate Technology from $370.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Loop Capital boosted their price objective on shares of Seagate Technology from $465.00 to $700.00 and gave the stock a “buy” rating in a research note on Monday, February 9th. Finally, The Goldman Sachs Group upped their price objective on shares of Seagate Technology from $310.00 to $385.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. One research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Seagate Technology presently has an average rating of “Moderate Buy” and a consensus target price of $447.35.

About Seagate Technology

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.