Seagate Technology Holdings Plc (STX) has showcases significant activities recently. In the past five years, investors in the company have seen a growth of 99%. Certain well-established asset managers have increased their holdings in STX, including
Primecap Management Co,
Victory Capital Management Inc, and
Strategy Asset Managers LLC. Despite some moments of underperforming compared to competitors, the stock often outperforms on a daily basis. STX drew attention from
financial giants such as
Mizuho Markets Americas LLC and
Sumitomo Mitsui Trust Group Inc.
Analysts marked it as a potential affordable tech stock to invest in. STX reported positive
earnings and revenues in Q1 2025. Seagate's
CEO William Mosley sold 20,000 shares of the company, sparking speculations among investors. STX announced their participation in upcoming investor events, which could influence future outlooks for the company. The company's stock surprisingly rose despite an announcement of a $300 million penalty for shipping 7 million hard drives to Huawei. Regardless, analysts have rated the stock as a 'hold'.
Seagate Technology Holdings Plcs STX News Analytics from Mon, 08 Aug 2016 08:18:26 GMT to Fri, 22 Nov 2024 22:09:00 GMT -
Rating 6
- Innovation -2
- Information 5
- Rumor -4