Rep. Julie Johnson Sells Seagate Technology Holdings PLC (NASDAQ:STX) Shares

Representative Julie Johnson (D-Texas) recently sold shares of Seagate Technology Holdings PLC (NASDAQ:STX). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Seagate Technology stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 11/13/2025.

Seagate Technology Stock Up 5.2%

Shares of NASDAQ STX opened at $292.00 on Friday. The company has a market cap of $62.36 billion, a P/E ratio of 37.48, a P/E/G ratio of 1.09 and a beta of 1.59. Seagate Technology Holdings PLC has a 52 week low of $63.19 and a 52 week high of $308.93. The business has a 50-day simple moving average of $258.69 and a two-hundred day simple moving average of $198.65.

Seagate Technology Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 9th. Investors of record on Wednesday, December 24th will be issued a dividend of $0.74 per share. This is a positive change from Seagate Technology’s previous quarterly dividend of $0.72. The ex-dividend date of this dividend is Wednesday, December 24th. This represents a $2.96 dividend on an annualized basis and a yield of 1.0%. Seagate Technology’s payout ratio is currently 36.97%.

Insider Buying and Selling

In other news, EVP Kian Fatt Chong sold 7,078 shares of Seagate Technology stock in a transaction dated Thursday, October 30th. The stock was sold at an average price of $272.14, for a total value of $1,926,206.92. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Stephanie Tilenius sold 2,046 shares of the stock in a transaction dated Monday, November 3rd. The shares were sold at an average price of $266.41, for a total value of $545,074.86. Following the sale, the director owned 12,244 shares of the company’s stock, valued at $3,261,924.04. This represents a 14.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 132,555 shares of company stock worth $36,030,007 over the last 90 days. Insiders own 0.79% of the company’s stock.

Institutional Trading of Seagate Technology

A number of hedge funds have recently made changes to their positions in the stock. WCM Investment Management LLC purchased a new position in shares of Seagate Technology in the 3rd quarter worth about $1,187,621,000. Arrowstreet Capital Limited Partnership boosted its stake in Seagate Technology by 1,072.5% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,949,512 shares of the data storage provider’s stock worth $696,262,000 after buying an additional 2,697,957 shares in the last quarter. Norges Bank bought a new position in Seagate Technology during the second quarter valued at approximately $197,027,000. Boston Partners purchased a new position in shares of Seagate Technology during the second quarter worth approximately $193,500,000. Finally, Soroban Capital Partners LP boosted its stake in shares of Seagate Technology by 1,468.1% in the 2nd quarter. Soroban Capital Partners LP now owns 1,417,600 shares of the data storage provider’s stock valued at $204,602,000 after purchasing an additional 1,327,197 shares in the last quarter. 92.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

STX has been the topic of a number of recent analyst reports. BNP Paribas Exane lowered their price target on shares of Seagate Technology from $240.00 to $230.00 and set a “neutral” rating on the stock in a report on Wednesday, October 29th. Fox Advisors increased their target price on shares of Seagate Technology from $245.00 to $270.00 in a research note on Wednesday, October 29th. Susquehanna raised their price target on shares of Seagate Technology from $80.00 to $150.00 and gave the company a “negative” rating in a report on Wednesday, October 29th. Benchmark upped their price target on shares of Seagate Technology from $255.00 to $325.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Rosenblatt Securities increased their price objective on Seagate Technology from $250.00 to $270.00 and gave the stock a “buy” rating in a research report on Wednesday, October 29th. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating, five have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $293.13.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Seagate Technology

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.