Seagate Technology Holdings PLC (STX) garnered attention from multiple investment firms, creating a flurry of transactions in recent news. Institutions including
TrueWealth Advisors LLC, Bell Bank, and Jones Financial Companies Lllp among others made various stake changes while the
Czech National Bank and Alliancebernstein L.P. purchased more shares. Despite some selling off, like
Sumitomo Mitsui DS Asset Management Company Ltd and
UBS AM, STX still showed positive movement. Financial forecasts show strong growth for Seagate and their Q4 2025 earnings call highlighted record growth. Analysts set a consensus price target of $157.00, citing its leading position within the data storage sector. Despite some selling,
Morgan Stanley raised their price target following June results. However, others suggest caution in investing due to debt pressure and market competitiveness. Nevertheless, with Seagate’s stock recently reaching a record high, it's hosted a series of investor and analyst events and appointed
Thomas Szlosek to its board, making suspected advancements in stakeholder communication and business direction. The recent launch of their
HAMR Drives also brings promising innovation to their technological offering.
Seagate Technology Holdings Plcs STX News Analytics from Sun, 01 Dec 2024 08:00:00 GMT to Sat, 20 Sep 2025 10:16:14 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 5
