Stocks of Seagate Technology Holdings Plc (NASDAQ:STX) traded higher last session on Wall Street, down -1.75% to $92.43.
STX stock price is now -3.64% away from the 50-day moving average and -7.78% away from the 200-day moving average. The market capitalization of the company currently stands at $19.57B.
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With the price target maintained at $120, The Benchmark Company recently Upgraded its rating from Hold to Buy for Seagate Technology Holdings Plc (NASDAQ: STX). , while ‘Morgan Stanley’ rates the stock as ‘Overweight’
In other news, MOSLEY WILLIAM D, Chief Executive Officer sold 20,000 shares of the company’s stock on Mar 03 ’25. The stock was sold for $2,031,474 at an average price of $101.57. Upon completion of the transaction, the Chief Executive Officer now directly owns 572,644 shares in the company, valued at $52.93 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 03 ’25, Director Conyers Yolanda Lee sold 750 shares of the business’s stock. A total of $77,212 was realized by selling the stock at an average price of $102.95. This leaves the insider owning 5,805 shares of the company worth $0.54 million. A total of 0.69% 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.
The company reported revenue of $2.33 billion for the quarter, compared to $1.55 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 49.52 percent.
