Seagate Technology Holdings Plc (NASDAQ: STX) is -22.91% lower on its value in year-to-date trading and has touched a low of $63.95 and a high of $115.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The STX stock was last observed hovering at around $68.66 in the last trading session, with the day’s loss setting it -2.12%.
Currently trading at $66.54, the stock is -20.32% and -27.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.68 million and changing -3.09% at the moment leaves the stock -32.52% off its SMA200. STX registered -26.06% loss for a year compared to 6-month loss of -37.95%. The firm has a 50-day simple moving average (SMA 50) of $91.7054 and a 200-day simple moving average (SMA200) of $98.60575.
The stock witnessed a -23.00% gain in the last 1 month and extending the period to 3 months gives it a -25.33%, and is -21.29% 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 9.69% over the week and 4.38% over the month.
Seagate Technology Holdings Plc (STX) has around 30000 employees, a market worth around $14.09B and $8.04B in sales. Current P/E ratio is 12.18 and Fwd P/E is 7.04. Profit margin for the company is 14.67%. Distance from 52-week low is 4.05% and -42.30% 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 474.74% this year, but quarterly earnings will post 36.57% year-over-year. Quarterly sales are estimated to grow 29.14% in year-over-year returns.
Seagate Technology Holdings Plc (STX) Top Institutional Holders
1134.0 institutions hold shares in Seagate Technology Holdings Plc (STX), with institutional investors hold 93.07% of the company’s shares. The shares outstanding are 211.71M, and float is at 210.28M with Short Float at 8.93%. Institutions hold 92.70% of the Float.
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 Apr 01 ’25 at a price of $84.56 per share for a total of $1.69 million. Following the sale, the insider now owns 0.56 million shares.
Still, SEC filings show that on Mar 03 ’25, MOSLEY WILLIAM D (Chief Executive Officer) disposed off 20,000 shares at an average price of $101.57 for $2.03 million. The insider now directly holds 572,644 shares of Seagate Technology Holdings Plc (STX).
