Seagate Technology Holdings PLC (STX) experienced significant activity recently, with noteworthy transactions executed by senior personnel and various financial institutions. The company's SVP sold $1,004,220 worth of stock, and insider John Christopher Morris offloaded 11,158 shares. The Swiss National Bank expanded its position by purchasing an additional 18,000 shares of the company's stock. Truist Financial Corp, Retirement Systems of Alabama, and Federated Hermes also altered their holdings, with varied sell-offs. Despite these trading activities, STX remained resilient, beating Q3 2024 EPS forecasts by 79% which likely influenced analyst predictions. Notably, conflicting performances were observed as STX's stock underperformed on certain days but also outperformed competitors on strong trading days.
Seagate continues to grow, with companies like Savant Capital LLC, New York Life Investment Management LLC, and First Trust Direct Indexing L.P. acquiring new shares. Analysts anticipate Seagate's FY2024 earnings to be $0.49 per share. Furthermore, the company's dividend, currently at $0.70, has been reaffirmed. The fluctuating performances indicate volatility, increasing investor caution.
Seagate Technology Holdings Plcs STX News Analytics from Fri, 22 Sep 2023 07:00:00 GMT to Fri, 10 May 2024 09:07:42 GMT -
Rating 3
- Innovation 1
- Information 7
- Rumor -4
