Seagate Technology Holdings Plc (NASDAQ: STX) is -12.69% lower on its value in year-to-date trading and has touched a low of $63.19 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 $73.93 in the last trading session, with the day’s gains setting it 1.43%.
Currently trading at $75.36, the stock is -1.70% and -13.81% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.18 million and changing 1.93% at the moment leaves the stock -22.51% off its SMA200. STX registered -9.68% loss for a year compared to 6-month loss of -32.98%. The firm has a 50-day simple moving average (SMA 50) of $87.4322 and a 200-day simple moving average (SMA200) of $97.2534.
The stock witnessed a -14.63% gain in the last 1 month and extending the period to 3 months gives it a -25.57%, and is 3.70% 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 2.85% over the week and 5.66% over the month.
Seagate Technology Holdings Plc (STX) has around 30000 employees, a market worth around $15.95B and $8.04B in sales. Current P/E ratio is 13.79 and Fwd P/E is 8.04. Profit margin for the company is 14.67%. Distance from 52-week low is 19.26% and -34.65% from its 52-week high. The company has generated returns on investments over the last 12 months (28.61%).
with sales reaching $2.13B over the same period.The EPS is expected to grow by 473.66% this year, but quarterly earnings will post 36.18% year-over-year. Quarterly sales are estimated to grow 28.56% in year-over-year returns.
Seagate Technology Holdings Plc (STX) Top Institutional Holders
1145.0 institutions hold shares in Seagate Technology Holdings Plc (STX), with institutional investors hold 93.32% of the company’s shares. The shares outstanding are 211.71M, and float is at 210.28M with Short Float at 8.87%. Institutions hold 92.95% 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).
