National Wealth Management Group LLC Purchases New Stake in Seagate Technology Holdings PLC $STX

National Wealth Management Group LLC acquired a new position in shares of Seagate Technology Holdings PLC (NASDAQ:STX) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,596 shares of the data storage provider’s stock, valued at approximately $990,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Sovereign Financial Group Inc. grew its position in shares of Seagate Technology by 3.2% during the 4th quarter. Sovereign Financial Group Inc. now owns 1,063 shares of the data storage provider’s stock valued at $293,000 after acquiring an additional 33 shares during the period. West Family Investments Inc. raised its holdings in shares of Seagate Technology by 2.7% in the 3rd quarter. West Family Investments Inc. now owns 1,428 shares of the data storage provider’s stock worth $337,000 after purchasing an additional 37 shares during the period. United Community Bank raised its holdings in shares of Seagate Technology by 35.2% in the 3rd quarter. United Community Bank now owns 169 shares of the data storage provider’s stock worth $40,000 after purchasing an additional 44 shares during the period. Physician Wealth Advisors Inc. lifted its stake in Seagate Technology by 43.7% in the third quarter. Physician Wealth Advisors Inc. now owns 148 shares of the data storage provider’s stock valued at $35,000 after purchasing an additional 45 shares during the last quarter. Finally, Sivia Capital Partners LLC grew its holdings in Seagate Technology by 2.6% during the third quarter. Sivia Capital Partners LLC now owns 1,865 shares of the data storage provider’s stock valued at $440,000 after purchasing an additional 47 shares during the period. 92.87% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Seagate Technology news, Director Jay L. Geldmacher sold 925 shares of Seagate Technology stock in a transaction dated Friday, January 30th. The stock was sold at an average price of $448.02, for a total transaction of $414,418.50. Following the completion of the transaction, the director owned 223 shares of the company’s stock, valued at $99,908.46. The trade was a 80.57% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CEO William D. Mosley sold 24,584 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $406.77, for a total value of $10,000,033.68. Following the sale, the chief executive officer owned 375,591 shares in the company, valued at approximately $152,779,151.07. This represents a 6.14% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 113,635 shares of company stock worth $44,430,443 over the last quarter. Insiders own 0.79% of the company’s stock.

Seagate Technology Trading Down 2.8%

Shares of STX stock opened at $413.22 on Thursday. The company’s fifty day simple moving average is $395.15 and its two-hundred day simple moving average is $304.77. The company has a debt-to-equity ratio of 7.63, a current ratio of 1.12 and a quick ratio of 0.72. Seagate Technology Holdings PLC has a 1 year low of $63.19 and a 1 year high of $459.84. The stock has a market capitalization of $90.11 billion, a price-to-earnings ratio of 46.74, a PEG ratio of 0.95 and a beta of 1.61.

Seagate Technology (NASDAQ:STX) last posted its earnings results on Tuesday, January 27th. The data storage provider reported $3.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.77 by $0.34. The firm had revenue of $2.83 billion for the quarter, compared to the consensus estimate of $2.73 billion. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.The business’s quarterly revenue was up 21.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $2.03 earnings per share. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. As a group, analysts anticipate that Seagate Technology Holdings PLC will post 6.83 earnings per share for the current year.

Seagate Technology Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be issued a dividend of $0.74 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 dividend on an annualized basis and a yield of 0.7%. Seagate Technology’s dividend payout ratio is 33.48%.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on STX. KeyCorp set a $500.00 target price on Seagate Technology in a research report on Wednesday, January 28th. TD Cowen upped their price target on Seagate Technology from $340.00 to $500.00 and gave the company a “buy” rating in a research report on Wednesday, January 28th. Wells Fargo & Company increased their price target on Seagate Technology from $360.00 to $450.00 and gave the stock an “equal weight” rating in a research note on Wednesday, January 28th. BNP Paribas Exane lifted their price objective on Seagate Technology from $430.00 to $530.00 and gave the stock an “outperform” rating in a report on Wednesday, February 4th. Finally, Loop Capital boosted their price objective on Seagate Technology from $465.00 to $700.00 and gave the company a “buy” rating in a research note on Monday, February 9th. One research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $447.35.

Trending Headlines about Seagate Technology

Here are the key news stories impacting Seagate Technology this week:

• Positive Sentiment: Analyst upgrades and higher price targets. Multiple firms have raised targets and ratings this quarter, and MarketBeat notes Seagate among the most-upgraded names — supporting longer-term bullish sentiment and providing upside thesis for investors. Read More.
• Positive Sentiment: Memory/storage demand from AI/data centers remains a tailwind. Bloomberg coverage highlighted memory and storage names (including Seagate) as Wall Street favorites as AI spending drives outsized demand for data-center storage — a key fundamental driver for revenue and margins. Read More.
• Positive Sentiment: Dividend declaration/ex‑dividend date: Seagate recently declared a quarterly dividend (record/ex-dividend timing noted in filings), which supports income-focused buyers and can stabilize demand at current price levels. (See company filings summarized in recent coverage.)
• Neutral Sentiment: Very high implied volatility (IV Rank ~80%) — creates trading opportunities but also larger short-term price swings; options strategies like iron condors are being highlighted as possible ways to generate returns if volatility calms. Read More.
• Neutral Sentiment: Valuation/momentum checks: recent strong multi-month returns have prompted fresh valuation analysis — some see continued upside, others warn of re‑rating risk if growth expectations slip. Useful context for investors weighing longer-term buys vs. near-term profit-taking. Read More.
• Neutral Sentiment: Ideas about intrinsic value: broader market write-ups have included Seagate as a candidate for potential undervaluation in a pullback — relevant for value-minded investors doing discounted cash‑flow or relative valuation work. Read More.
• Neutral Sentiment: Short-interest reports are inconsistent/appear to show zero in recent feeds — the data looks unreliable across sources, so don’t rely on those prints until confirmed by the exchange’s official release.
• Negative Sentiment: Insider selling: CEO William Mosley sold ~24,584 shares (~$10M) in mid‑March. Insider sales can trigger short-term selling pressure and are being cited by traders as a reason for pullback. Read More.

Seagate Technology Company Profile

Seagate Technology (NASDAQ: STX) is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm’s product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.

Seagate’s products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.