678 Shares in Seagate Technology Holdings PLC $STX Purchased by Havemeyer Place LP

11 Jun 2026, 05:13 by Amy Steele · The Cerbat Gem

Havemeyer Place LP purchased a new stake in shares of Seagate Technology Holdings PLC (NASDAQ:STX – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 678 shares of the data storage provider’s stock, valued at approximately $187,000.

A number of other large investors also recently bought and sold shares of the stock. 111 Capital purchased a new stake in Seagate Technology in the 4th quarter worth approximately $489,000. OneAscent Financial Services LLC purchased a new position in shares of Seagate Technology during the 4th quarter valued at approximately $265,000. Prudential PLC lifted its stake in shares of Seagate Technology by 564.1% in the 4th quarter. Prudential PLC now owns 31,804 shares of the data storage provider’s stock valued at $8,759,000 after purchasing an additional 27,015 shares during the period. Vise Technologies Inc. lifted its stake in shares of Seagate Technology by 62.2% in the 4th quarter. Vise Technologies Inc. now owns 6,128 shares of the data storage provider’s stock valued at $1,688,000 after purchasing an additional 2,350 shares during the period. Finally, Daiwa Securities Group Inc. boosted its holdings in Seagate Technology by 48.9% during the fourth quarter. Daiwa Securities Group Inc. now owns 54,073 shares of the data storage provider’s stock worth $14,891,000 after buying an additional 17,752 shares in the last quarter. 92.87% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Seagate Technology

In other news, CFO Gianluca Romano sold 22,488 shares of the business’s stock in a transaction that occurred on Wednesday, May 6th. The stock was sold at an average price of $774.22, for a total transaction of $17,410,659.36. Following the transaction, the chief financial officer directly owned 42,847 shares in the company, valued at $33,173,004.34. The trade was a 34.42% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Ban Seng Teh sold 8,003 shares of the company’s stock in a transaction that occurred on Thursday, May 14th. The shares were sold at an average price of $817.28, for a total value of $6,540,691.84. Following the completion of the sale, the executive vice president owned 3,691 shares of the company’s stock, valued at $3,016,580.48. This trade represents a 68.44% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 155,187 shares of company stock valued at $108,267,701. Company insiders own 0.79% of the company’s stock.

Seagate Technology Trading Down 3.5%

Shares of STX stock opened at $815.99 on Thursday. The stock’s fifty day moving average is $689.85 and its two-hundred day moving average is $468.16. The company has a debt-to-equity ratio of 3.16, a quick ratio of 0.85 and a current ratio of 1.33. The firm has a market capitalization of $182.97 billion, a P/E ratio of 77.42 and a beta of 2.04. Seagate Technology Holdings PLC has a fifty-two week low of $124.63 and a fifty-two week high of $966.80.

Seagate Technology (NASDAQ:STX – Get Free Report) last issued its earnings results on Tuesday, April 28th. The data storage provider reported $4.10 EPS for the quarter, beating analysts’ consensus estimates of $3.51 by $0.59. The business had revenue of $3.11 billion during the quarter, compared to analysts’ expectations of $2.96 billion. Seagate Technology had a net margin of 21.60% and a return on equity of 1,005.65%. The company’s quarterly revenue was up 44.1% compared to the same quarter last year. During the same period in the prior year, the business earned $1.90 earnings per share. Seagate Technology has set its Q4 2026 guidance at 4.800-5.200 EPS. Research analysts expect that Seagate Technology Holdings PLC will post 14.1 earnings per share for the current fiscal year.

Seagate Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Wednesday, June 24th will be issued a $0.74 dividend. The ex-dividend date is Wednesday, June 24th. This represents a $2.96 dividend on an annualized basis and a yield of 0.4%. Seagate Technology’s dividend payout ratio is presently 28.08%.

Key Seagate Technology News

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

Positive Sentiment: Mizuho raised its price target on Seagate to $1,090, citing AI-related growth potential and implying additional upside if demand trends continue. Mizuho raises its Seagate stock price target to $1,090 on AI growth. My models show 130% gains are possible over the next 4 years
Positive Sentiment: Yahoo Finance highlighted Seagate as gaining on “unprecedented AI-driven demand,” with analysts expecting strong EPS growth over the next several years and recent bullish calls reinforcing the growth story. Seagate Technology (STX) Gaining on Unprecedented AI-Driven Demand
Positive Sentiment: Recent coverage from Citi and Bank of America also stayed constructive on Seagate, including a BofA target hike to $1,000, signaling continued analyst confidence in the company’s AI storage opportunity. Citi Remains Bullish on Seagate Technology (STX) – Here’s Why
Neutral Sentiment: Several recent articles frame Seagate as an AI infrastructure beneficiary with Mozaic/HAMR technology and improving revenue and cash flow, but these are mostly reiterations of the bullish thesis rather than new company-specific catalysts. Is Seagate (STX) Quietly Becoming an AI Infrastructure Linchpin Through Its Mozaic Storage Strategy?
Neutral Sentiment: Some headlines note STX is trading down alongside other semiconductor and storage names due to broader sector weakness and geopolitical/macro worries, which may be weighing on the stock in the short term. Seagate, Amtech, and Lattice Semiconductor Shares Are Falling, What You Need To Know
Negative Sentiment: One Zacks piece cautioned that despite Seagate’s sharp recent run, valuation risk has risen after the stock’s big surge, which could limit near-term upside. STX Stock Tops Industry Returns in 3 Months: A Smart Investment Now?

Wall Street Analyst Weigh In

A number of research firms have weighed in on STX. Cantor Fitzgerald lifted their price objective on shares of Seagate Technology from $700.00 to $1,000.00 and gave the company an “overweight” rating in a report on Wednesday, April 29th. Susquehanna raised their target price on Seagate Technology from $485.00 to $615.00 and gave the company a “neutral” rating in a research report on Wednesday, April 29th. Barclays lifted their price target on Seagate Technology from $750.00 to $1,000.00 and gave the company an “overweight” rating in a research note on Wednesday, May 27th. TD Cowen upped their price target on Seagate Technology from $500.00 to $850.00 and gave the stock a “buy” rating in a report on Wednesday, April 29th. Finally, Wedbush increased their price target on Seagate Technology from $700.00 to $825.00 and gave the stock an “outperform” rating in a research report on Monday, April 27th. One research analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and four have given a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $792.46.

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About Seagate Technology

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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.