Avantax Advisory Services Inc. lifted its stake in Seagate Technology Holdings plc (NASDAQ:STX – Free Report) by 30.0% during the first quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 10,378 shares of the data storage provider’s stock after acquiring an additional 2,397 shares during the period. Avantax Advisory Services Inc.’s holdings in Seagate Technology were worth $686,000 at the end of the most recent reporting period.
A number of other institutional investors have also made changes to their positions in the stock. Sanders Capital LLC raised its stake in shares of Seagate Technology by 89.3% in the 4th quarter. Sanders Capital LLC now owns 10,925,729 shares of the data storage provider’s stock valued at $574,803,000 after acquiring an additional 5,153,389 shares in the last quarter. State Street Corp raised its stake in shares of Seagate Technology by 16.3% in the 3rd quarter. State Street Corp now owns 8,951,455 shares of the data storage provider’s stock valued at $482,736,000 after acquiring an additional 1,256,349 shares in the last quarter. Invesco Ltd. grew its holdings in Seagate Technology by 4.4% in the 1st quarter. Invesco Ltd. now owns 1,843,144 shares of the data storage provider’s stock valued at $165,698,000 after buying an additional 78,298 shares during the last quarter. Norges Bank acquired a new stake in Seagate Technology in the 4th quarter valued at approximately $92,189,000. Finally, Dimensional Fund Advisors LP grew its holdings in Seagate Technology by 1.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 1,594,027 shares of the data storage provider’s stock valued at $83,865,000 after buying an additional 29,540 shares during the last quarter. 87.37% of the stock is owned by institutional investors.
Insider Buying and Selling at Seagate Technology
In other Seagate Technology news, SVP Katherine Schuelke sold 3,487 shares of the stock in a transaction dated Friday, May 26th. The stock was sold at an average price of $62.09, for a total value of $216,507.83. Following the transaction, the senior vice president now owns 28,658 shares of the company’s stock, valued at $1,779,375.22. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Insiders own 1.00% of the company’s stock.
Wall Street Analysts Forecast Growth
Seagate Technology Trading Down 0.6 %
NASDAQ:STX opened at $59.28 on Tuesday. Seagate Technology Holdings plc has a 1-year low of $47.47 and a 1-year high of $83.64. The business’s 50-day moving average price is $61.55 and its two-hundred day moving average price is $62.44. The firm has a market capitalization of $12.28 billion, a price-to-earnings ratio of -70.57, a PEG ratio of 46.56 and a beta of 1.08.
Seagate Technology Profile
Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.
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