Seagate Technology Holdings Plc (NASDAQ: STX) is 14.95% higher on its value in year-to-date trading and has touched a low of $82.31 and a high of $115.32 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 $97.83 in the last trading session, with the day’s gains setting it 1.38%.
Currently trading at $99.21, the stock is 0.12% and 4.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.38 million and changing 1.41% at the moment leaves the stock -0.32% off its SMA200. STX registered 10.96% gain for a year compared to 6-month loss of 3.53%. The firm has a 50-day simple moving average (SMA 50) of $95.2544 and a 200-day simple moving average (SMA200) of $99.4669.
The stock witnessed a 11.56% gain in the last 1 month and extending the period to 3 months gives it a -5.32%, and is 3.96% up 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 2.53% over the week and 3.09% over the month.
Seagate Technology Holdings Plc (STX) has around 30000 employees, a market worth around $21.00B and $8.04B in sales. Current P/E ratio is 18.16 and Fwd P/E is 10.09. Profit margin for the company is 14.67%. Distance from 52-week low is 20.53% and -13.97% from its 52-week high. The company has generated returns on investments over the last 12 months (28.61%).
with sales reaching $2.14B over the same period.The EPS is expected to grow by 474.77% this year, but quarterly earnings will post 36.78% year-over-year. Quarterly sales are estimated to grow 29.32% in year-over-year returns.
The shares outstanding are 211.71M, and float is at 210.25M with Short Float at 6.42%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 25.2 million shares valued at $2.6 billion. The investor’s holdings represent 12.0002 of the STX Shares outstanding. As of 2024-06-30, the second largest holder is JPMORGAN CHASE & CO with 23.05 million shares valued at $2.38 billion to account for 11.0278 of the shares outstanding. The other top investors are SANDERS CAPITAL, LLC which holds 16.22 million shares representing 7.7226 and valued at over $1.67 billion, while CAPITAL RESEARCH GLOBAL INVESTORS holds 6.7056 of the shares totaling 14.08 million with a market value of $1.45 billion.
Seagate Technology Holdings Plc (STX) Insider Activity
The most recent transaction is an insider sale by MOSLEY WILLIAM D, the company’s Chief Executive Officer. SEC filings show that MOSLEY WILLIAM D sold 20,000 shares of the company’s common stock on Feb 03 ’25 at a price of $94.13 per share for a total of $1.88 million. Following the sale, the insider now owns 0.59 million shares.
Seagate Technology Holdings Plc disclosed in a document filed with the SEC on Jan 02 ’25 that MOSLEY WILLIAM D (Chief Executive Officer) sold a total of 20,000 shares of the company’s common stock. The trade occurred on Jan 02 ’25 and was made at $86.65 per share for $1.73 million. Following the transaction, the insider now directly holds 0.61 million shares of the STX stock.
Still, SEC filings show that on Jan 02 ’25, WILLIAM D. MOSLEY (Director) Proposed Sale 60,000 shares at an average price of $86.31 for $5.18 million. The insider now directly holds shares of Seagate Technology Holdings Plc (STX).
