Seagate Technology Holdings Plc (NASDAQ: STX) is 9.73% higher on its value in year-to-date trading and has touched a low of $62.43 and a high of $113.57 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 $92.54 in the last trading session, with the day’s gains setting it 1.14%.
Currently trading at $93.68, the stock is -9.59% and -7.61% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.21 million and changing 1.23% at the moment leaves the stock 5.70% off its SMA200. STX registered 40.26% gain for a year compared to 6-month gain of 9.57%.
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The stock witnessed a -9.43% loss in the last 1 month and extending the period to 3 months gives it a 4.26%, and is -5.47% 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 3.79% over the week and 3.15% over the month.
Seagate Technology Holdings Plc (STX) has around 30000 employees, a market worth around $19.69B and $6.55B in sales. Current P/E ratio is 61.31 and Fwd P/E is 10.38. Profit margin for the company is 5.11%. Distance from 52-week low is 50.06% and -17.51% from its 52-week high. The company has generated returns on investments over the last 12 months (8.29%).
with sales reaching $2.11B over the same period.The EPS is expected to grow by 431.38% this year, but quarterly earnings will post 39.70% year-over-year.
Seagate Technology Holdings Plc (STX) Top Institutional Holders
The shares outstanding are 210.18M, and float is at 209.10M with Short Float at 5.25%.
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 10,117 shares of the company’s common stock on Jul 24 ’24 at a price of $110.00 per share for a total of $1.11 million. Following the sale, the insider now owns 5387.0 shares.
Seagate Technology Holdings Plc disclosed in a document filed with the SEC on Jun 11 ’24 that Teh Ban Seng (EVP & Chief Commercial Officer) sold a total of 10,742 shares of the company’s common stock. The trade occurred on Jun 11 ’24 and was made at $100.00 per share for $1.07 million. Following the transaction, the insider now directly holds 5042.0 shares of the STX stock.
Still, SEC filings show that on Jun 11 ’24, Morris John Christopher (SVP, HDD & SDD Products & CTO) disposed off 5,928 shares at an average price of $99.99 for $0.59 million. The insider now directly holds 12,185 shares of Seagate Technology Holdings Plc (STX).
