There is a significant level of focus on
Seagate Technology Holdings plc (STX), with many considering it as an undervalued and affordable tech stock for investment. The company has seen several share purchases from financial institutions including Shaker Investments LLC, Stanley Laman Group Ltd, Sumitomo Mitsui DS Asset Management, and Kingswood Wealth Advisors LLC. Analysts seem to favor STX, with its Q2 2025 earnings call hitting high notes and a positive sentiment for continued growth due to rising cloud storage demand. However, the company also has its share of detractors, with U.S. Capital Wealth Advisors holding $7.64 million in the stock, while entities like Inlet Private Wealth and Robeco Institutional Asset Management sold their shares. Additionally, CEO William Mosley sold 20,000 shares.
Intevac is slated to be acquired by Seagate, while STX has reported strong Q2 outcomes with demand growth for its products in cloud spaces. Despite several positive news, the stock suffered losses on certain days. Nonetheless, shareholders who invested five years ago are seeing a 99% increase, indicating long-term strength.
Seagate Technology Holdings Plcs STX News Analytics from Mon, 08 Aug 2016 08:18:26 GMT to Sat, 15 Feb 2025 03:40:37 GMT -
Rating 6
- Innovation 0
- Information 8
- Rumor -1
