Seagate Technology Holdings Plcs (STX) has experienced various highs and lows lately. Its stock has been underperforming in the market despite a marginal rise. The withstanding position and growth potential of the company are under in-depth review. The tech firm, although listed as one of the top ten affordable tech stocks, saw shares sold by Sumitomo Mitsui Trust Holdings Inc. and Raymond James & Associates. Also, STX faced a decline in inventory. Despite a 5.4% upturn in investor engagement over the past week, STX earnings have dwindled in the last five years. CEO William Mosley sold 20,000 of his STX shares, while Baader Bank increased theirs by purchasing 7,449 shares. They also managed to surpass analyst forecasts and Goldman Sachs classifies it as the best hardware stock. An impending dividend payout of $0.70 per share looms, while Cetera Investment Advisers increased their stake in STX. A mixed fiscal Q2 2024 result raises questions, and Q4 financial results are scheduled for July 23, 2024. A decrease in AI data demand suggests that the STX's situation is volatile.
Seagate Technology Holdings Plcs STX News Analytics from Mon, 25 Jun 2018 20:36:09 GMT to Sun, 25 Aug 2024 14:52:51 GMT -
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