In yesterday’s Wall Street session, Seagate Technology Holdings Plc (NASDAQ:STX) shares traded at $95.07, up 0.77% from the previous session.
STX stock price is now -0.42% away from the 50-day moving average and -3.38% away from the 200-day moving average. The market capitalization of the company currently stands at $20.11B.
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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, MOSLEY WILLIAM D, Chief Executive Officer sold 20,000 shares of the company’s stock on Jan 02 ’25. The stock was sold for $1,733,019 at an average price of $86.65. Upon completion of the transaction, the Chief Executive Officer now directly owns 605,530 shares in the company, valued at $57.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jan 02 ’25, Director WILLIAM D. MOSLEY bought 60,000 shares of the business’s stock. A total of $5,178,600 was incurred on buying the stock at an average price of $86.31. A total of 0.57% of the company’s stock is owned by insiders.
During the past 12 months, Seagate Technology Holdings Plc has had a low of $82.31 and a high of $115.32. According to the stock market information, the enterprise value for the company is $24546109440, which is based on a 24.86 price-to-earnings ratio, a 0.47 price-to-earnings-growth ratio, and a beta of 1.08. The fifty day moving average price for STX is $95.4694 and a two-hundred day moving average price translates $98.39945 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 $2.17 billion for the quarter, compared to $1.45 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 49.11 percent.