Seagate Technology Holdings Plc (NASDAQ: STX) is 23.35% higher on its value in year-to-date trading and has touched a low of $57.32 and a high of $109.63 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The STX stock was last observed hovering at around $106.18 in the last trading session, with the day’s loss setting it -0.88%.
Currently trading at $105.30, the stock is 0.83% and 5.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.74 million and changing -0.83% at the moment leaves the stock 21.11% off its SMA200. STX registered 76.65% gain for a year compared to 6-month gain of 20.90%.
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The stock witnessed a 2.15% loss in the last 1 month and extending the period to 3 months gives it a 23.62%, and is -3.14% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.40% over the week and 2.12% over the month.
Seagate Technology Holdings Plc (STX) has around 33400 employees, a market worth around $22.11B and $6.27B in sales. Fwd P/E is 12.78. Profit margin for the company is -4.31%. Distance from 52-week low is 83.71% and -3.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-8.17%).
with sales reaching $1.87B over the same period.The EPS is expected to grow by 357.45% this year, but quarterly earnings will post -11.50% year-over-year. Quarterly sales are estimated to grow 16.80% in year-over-year returns.
Seagate Technology Holdings Plc (STX) Top Institutional Holders
The shares outstanding are 209.99M, and float is at 208.89M with Short Float at 5.17%.
Seagate Technology Holdings Plc (STX) Insider Activity
The most recent transaction is an insider sale by Teh Ban Seng,the company’sEVP & Chief Commercial Officer. SEC filings show that Teh Ban Seng sold 10,742 shares of the company’s common stock on Jun 11 ’24 at a price of $100.00 per share for a total of $1.07 million. Following the sale, the insider now owns 5042.0 shares.
Seagate Technology Holdings Plc disclosed in a document filed with the SEC on Jun 11 ’24 that Morris John Christopher (SVP, HDD & SDD Products & CTO) sold a total of 5,928 shares of the company’s common stock. The trade occurred on Jun 11 ’24 and was made at $99.99 per share for $0.59 million. Following the transaction, the insider now directly holds 12185.0 shares of the STX stock.
Still, SEC filings show that on May 14 ’24, Teh Ban Seng (EVP & Chief Commercial Officer) disposed off 9,703 shares at an average price of $95.00 for $0.92 million. The insider now directly holds 15,185 shares of Seagate Technology Holdings Plc (STX).
