The stock of Seagate Technology Holdings Plc (NASDAQ:STX) last traded at $103.98, up 0.44% from the previous session.
STX stock price is now -1.10% away from the 50-day moving average and 7.90% away from the 200-day moving average. The market capitalization of the company currently stands at $21.89B.
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With the price target enhanced from $110 to $135, TD Cowen maintained Buy rating for Seagate Technology Holdings Plc (NASDAQ: STX). On June 05, 2024, BofA Securities reiterated its ‘Buy’ rating on the stock and kept its target price maintained at $110, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, Geldmacher Jay L, Director sold 4,100 shares of the company’s stock on Oct 24 ’24. The stock was sold for $423,530 at an average price of $103.30. Upon completion of the transaction, the Director now directly owns 2,852 shares in the company, valued at $0.3 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 22 ’24, SVP & CTO Morris John Christopher sold 1,131 shares of the business’s stock. A total of $126,559 was realized by selling the stock at an average price of $111.90. This leaves the insider owning 7,191 shares of the company worth $0.75 million. A total of 0.46% of the company’s stock is owned by insiders.
During the past 12 months, Seagate Technology Holdings Plc has had a low of $64.12 and a high of $115.32. According to the stock market information, the enterprise value for the company is $26376779776, which is based on a 27.20 price-to-earnings ratio, a 0.51 price-to-earnings-growth ratio, and a beta of 1.06. The fifty day moving average price for STX is $105.1328 and a two-hundred day moving average price translates $96.3631 for the stock.
The latest earnings results from Seagate Technology Holdings Plc (NASDAQ: STX) was released for 2024-09-27. The company reported revenue of $1.89 billion for the quarter, compared to $1.6 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 17.79 percent.
