Seagate Technology Holdings Plc(STX), a storage technology company has recently generated a buzzing interest among various investment advisors and wealth managers. A significant number of shares of STX have been acquired by numerous well-known firms such as
Nisa Investment Advisors LLC,
B. Riley Wealth Advisors Inc. and
Chicago Capital LLC. At the same time, companies like
Commonwealth Equity Services LLC and
Bell Bank have sold their stakes in STX. The trading has resulted in an all-time high for the company, backed by investor interest in the company's focus on
Artificial Intelligence (AI) and Heat-Assisted Magnetic Recording (
HAMR) growth. In addition, STX's robust earnings have shown positive impacts on the stock price, leading to significant gains over the past months.
Goldman Sachs and
Bernstein have initiated their coverage on Seagate with a 'buy' recommendation and an 'outperform' stance, respectively. This mirrors a buoyant market sentiment regarding the company's stock performance. The stock has been further boosted by positive Q3 earnings and overall industry momentum.
Seagate Technology Holdings Plcs STX News Analytics from Wed, 30 Apr 2025 07:00:00 GMT to Sat, 10 Jan 2026 11:35:13 GMT -
Rating 8
- Innovation 6
- Information 9
- Rumor -1
