A series of significant events impact Seagate Technology Holdings PLC's (NASDAQ:STX) performance. While fiscal 1st quarter, 2025 financial results show impressive performance with GAAP EPS of $1.41 beating estimates and revenue hitting $2.17 billion, insiders sell including SVP who sells $126,558.90 in stock and CEO William Mosley who offloads 20,000 shares. Institutional investors like GAM Holding AG, Cyndeo Wealth Partners LLC and Inlet Private Wealth LLC reduce their stakes. Despite several underperformance days compared to competitors, a strong trading day showcases its resilience. SWOT analysis apparently reveals strategic insights and the company receives an average 'hold' recommendation from brokerages. The firm raises its dividend to $0.72/share while analysts consider it as one of the best affordable tech stocks to buy. Czech National Bank and CCM Investment Advisers LLC boost their stakes in the company however, Public Sector Pension Investment Board sells its shares. Billionaire Stan Druckenmiller makes a significant bet on Seagate Technology. The company's stock, though still underperforms the market, shows growth momentum.
Seagate Technology Holdings Plcs STX News Analytics from Fri, 29 Jun 2018 05:19:31 GMT to Fri, 25 Oct 2024 21:07:00 GMT -
Rating 3
- Innovation 4
- Information 7
- Rumor 4
