CoreCap Advisors LLC Acquires 5,239 Shares of Seagate Technology Holdings PLC $STX

CoreCap Advisors LLC raised its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 467.4% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 6,360 shares of the data storage provider’s stock after acquiring an additional 5,239 shares during the period. CoreCap Advisors LLC’s holdings in Seagate Technology were worth $1,501,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of STX. Advisors Asset Management Inc. lifted its position in Seagate Technology by 34.9% during the first quarter. Advisors Asset Management Inc. now owns 916 shares of the data storage provider’s stock valued at $78,000 after purchasing an additional 237 shares during the last quarter. Alliancebernstein L.P. raised its position in shares of Seagate Technology by 0.7% during the 1st quarter. Alliancebernstein L.P. now owns 227,763 shares of the data storage provider’s stock valued at $19,348,000 after buying an additional 1,555 shares in the last quarter. Integrated Wealth Concepts LLC lifted its holdings in shares of Seagate Technology by 168.0% during the 1st 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 during the last quarter. Jones Financial Companies Lllp grew its position in Seagate Technology by 77.4% in the first quarter. Jones Financial Companies Lllp now owns 17,351 shares of the data storage provider’s stock worth $1,474,000 after acquiring an additional 7,569 shares in the last quarter. Finally, Meiji Yasuda Asset Management Co Ltd. grew its position in Seagate Technology by 6.2% in the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 4,314 shares of the data storage provider’s stock worth $366,000 after acquiring an additional 250 shares in the last quarter. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Seagate Technology Stock Performance

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

Seagate Technology Increases Dividend

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

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 20,000 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $285.56, for a total transaction of $5,711,200.00. Following the transaction, the chief executive officer directly owned 429,895 shares of the company’s stock, valued at approximately $122,760,816.20. The trade was a 4.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Gianluca Romano sold 54,021 shares of the company’s stock in a transaction that occurred on Wednesday, November 12th. The shares were sold at an average price of $285.16, for a total value of $15,404,628.36. Following the transaction, the chief financial officer owned 56,293 shares of the company’s stock, valued at approximately $16,052,511.88. This represents a 48.97% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 132,555 shares of company stock worth $36,743,207 over the last 90 days. 0.79% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms have weighed in on STX. Wedbush raised their price target on Seagate Technology from $260.00 to $290.00 and gave the company an “outperform” rating in a research report on Wednesday, October 29th. Argus increased their price objective on Seagate Technology from $170.00 to $300.00 and gave the company a “strong-buy” rating in a research report on Thursday, October 30th. Bank of America boosted their target price on Seagate Technology from $275.00 to $320.00 and gave the stock a “buy” rating in a research report on Thursday, November 20th. Susquehanna upped their target price on Seagate Technology from $80.00 to $150.00 and gave the stock a “negative” rating in a research note on Wednesday, October 29th. Finally, Citigroup lifted their price target on shares of Seagate Technology from $275.00 to $320.00 and gave the stock a “buy” rating in a research note on Tuesday, December 2nd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Seagate Technology presently has a consensus rating of “Moderate Buy” and an average price target of $293.13.

Trending Headlines about Seagate Technology

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

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.