Wedge Capital Management has reduced its holdings in
Seagate Technology Holdings by selling 111,729 shares.
Meanwhile,
Vanguard realignment resulted in separate reports showing 0% ownership in STX. The shares experienced a drop gapping down to $407.1 on March 25th. However, with
HAMR Technology driving cost savings, the price target for STX was raised. Analysts have given STX an average recommendation of 'Moderate Buy'.
Despite this, STX stock closed down by 8% on March 27 following a 4.24% drop on the preceding day.
Seagate's CEO reported a sale of approximately $10M shares to an exchange fund. Enough reasons have been provided to support a bull case theory for STX.
Despite a downward trend, STX shares traded 3.05% higher on March 19. Several entities including
Czech National Bank,
BDF Gestion,
Park Avenue Securities and
Connective Portfolio Management increased their stakes in STX.
The implementation of AI and the positive outlook of storage have resulted in a 16.2% increase in STX.
Seagate's CFO and
EVP exercised several RSUs, ending with a significant number of shares respectively.
Despite these, short interest in STX observed an update. Investors showed keen interest in STX's performance, following reported record revenue during Q2 2026 earning call.
Seagate Technology Holdings Plcs STX News Analytics from Tue, 30 Sep 2025 07:00:00 GMT to Sat, 28 Mar 2026 12:14:34 GMT -
Rating 5
- Innovation -2
- Information 9
- Rumor 1
