Seagate Technology Holdings PLC $STX Stock Holdings Cut by Donoghue Forlines LLC

Donoghue Forlines LLC reduced its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 42.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 18,956 shares of the data storage provider’s stock after selling 14,058 shares during the period. Seagate Technology comprises 1.4% of Donoghue Forlines LLC’s holdings, making the stock its 7th largest position. Donoghue Forlines LLC’s holdings in Seagate Technology were worth $4,475,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in STX. First Horizon Corp purchased a new stake in Seagate Technology in the 3rd quarter worth $33,000. Harbor Asset Planning Inc. acquired a new stake in shares of Seagate Technology in the second quarter valued at about $27,000. Rakuten Securities Inc. increased its stake in shares of Seagate Technology by 884.2% during the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 168 shares in the last quarter. MTM Investment Management LLC purchased a new stake in shares of Seagate Technology during the second quarter worth about $29,000. Finally, True Wealth Design LLC raised its position in shares of Seagate Technology by 665.7% during the 3rd quarter. True Wealth Design LLC now owns 268 shares of the data storage provider’s stock worth $63,000 after purchasing an additional 233 shares during the last quarter. 92.87% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Seagate Technology

In other news, CEO William D. Mosley sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $262.82, for a total transaction of $5,256,400.00. Following the completion of the sale, the chief executive officer owned 465,668 shares in the company, valued at $122,386,863.76. This trade represents a 4.12% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Ban Seng Teh sold 6,000 shares of the company’s stock in a transaction that occurred on Wednesday, November 5th. The shares were sold at an average price of $270.00, for a total value of $1,620,000.00. Following the completion of the transaction, the executive vice president owned 12,041 shares in the company, valued at $3,251,070. This represents a 33.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 132,557 shares of company stock valued at $36,847,793 over the last ninety days. Corporate insiders own 0.79% of the company’s stock.

More Seagate Technology News

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

• Positive Sentiment: China Renaissance raised its price target to $452 and maintained a “buy” rating — a large upside (~41% from recent levels) that supports further upside expectations for STX. China Renaissance raises PT to $452
• Positive Sentiment: Barclays bumped its target to $370 and kept an “equal weight” rating — another notable upgrade that adds institutional validation to the stock’s rally. Barclays raises PT to $370
• Positive Sentiment: Wells Fargo raised its target to $360 (still “equal weight”), signaling broader analyst re‑rating of Seagate amid stronger end‑market demand expectations. Wells Fargo raises PT to $360
• Positive Sentiment: Media coverage and analyst commentary point to an AI‑driven memory/mass‑storage rally benefiting STX and peers — Susquehanna and others highlighted the sector strength on a recent segment. STX & WDC Gain Analyst Support Amid Surging Memory Chip Rally
• Neutral Sentiment: A Zacks piece lists Seagate among technology solutions beneficiaries (multi‑cloud and integrated systems demand) — supportive context but not company‑specific new data. 4 Stocks to Watch From a Prospering Technology Solutions Industry
• Neutral Sentiment: Susquehanna formally moved Seagate from “negative” to “neutral” with a $280 target — an upgrade in tone but a target below current market levels, creating a mixed signal for investors. Susquehanna moves STX to neutral, PT $280
• Negative Sentiment: Insider activity: EVP Ban Seng Teh sold 1,412 shares (~$299 avg), trimming his stake. Insider sales can weigh on sentiment even if not large relative to holdings. SEC Form 4: Ban Seng Teh sale

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on STX shares. Fox Advisors lifted their price objective on Seagate Technology from $245.00 to $270.00 in a report on Wednesday, October 29th. Evercore ISI lifted their price target on Seagate Technology from $160.00 to $330.00 and gave the stock an “outperform” rating in a research note on Monday, October 13th. Cantor Fitzgerald increased their price objective on Seagate Technology from $280.00 to $400.00 and gave the company an “overweight” rating in a research note on Thursday, November 6th. Susquehanna raised shares of Seagate Technology from a “negative” rating to a “neutral” rating and lifted their target price for the stock from $150.00 to $280.00 in a research note on Friday. Finally, Loop Capital upped their target price 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. Two analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, Seagate Technology currently has a consensus rating of “Moderate Buy” and an average price target of $320.39.

Seagate Technology Stock Up 1.8%

Shares of STX opened at $326.23 on Friday. Seagate Technology Holdings PLC has a 52-week low of $63.19 and a 52-week high of $335.02. The stock has a fifty day simple moving average of $283.10 and a two-hundred day simple moving average of $223.37. The company has a market capitalization of $69.67 billion, a PE ratio of 41.88, a price-to-earnings-growth ratio of 1.28 and a beta of 1.60.

Seagate Technology Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 9th. Shareholders of record on Wednesday, December 24th were paid a dividend of $0.74 per share. This represents a $2.96 dividend on an annualized basis and a yield of 0.9%. This is a boost from Seagate Technology’s previous quarterly dividend of $0.72. The ex-dividend date of this dividend was Wednesday, December 24th. Seagate Technology’s payout ratio is presently 38.00%.

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.