Level Four Advisory Services LLC Acquires 1,560 Shares of Seagate Technology Holdings PLC $STX

Level Four Advisory Services LLC grew its holdings in Seagate Technology Holdings PLC (NASDAQ:STX) by 50.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 4,629 shares of the data storage provider’s stock after purchasing an additional 1,560 shares during the period. Level Four Advisory Services LLC’s holdings in Seagate Technology were worth $1,093,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in STX. Vanguard Group Inc. increased its stake in Seagate Technology by 1.6% in the 3rd quarter. Vanguard Group Inc. now owns 28,140,287 shares of the data storage provider’s stock valued at $6,642,796,000 after buying an additional 442,749 shares during the last quarter. State Street Corp grew its holdings in shares of Seagate Technology by 5.0% in the 2nd quarter. State Street Corp now owns 9,001,365 shares of the data storage provider’s stock valued at $1,305,499,000 after acquiring an additional 432,455 shares in the last quarter. WCM Investment Management LLC bought a new position in shares of Seagate Technology in the 3rd quarter valued at about $1,187,621,000. Geode Capital Management LLC increased its position in shares of Seagate Technology by 1.9% in the second quarter. Geode Capital Management LLC now owns 4,567,181 shares of the data storage provider’s stock valued at $656,066,000 after acquiring an additional 85,660 shares during the last quarter. Finally, Soroban Capital Partners LP raised its holdings in Seagate Technology by 1,468.1% during the second quarter. Soroban Capital Partners LP now owns 1,417,600 shares of the data storage provider’s stock worth $204,602,000 after acquiring an additional 1,327,197 shares in the last quarter. Institutional investors and hedge funds own 92.87% of the company’s stock.

Insider Activity at Seagate Technology

In related news, CEO William D. Mosley sold 20,000 shares of Seagate Technology stock in a transaction that occurred on Friday, January 2nd. The stock was sold at an average price of $285.56, for a total transaction of $5,711,200.00. Following the completion of the sale, the chief executive officer directly owned 429,895 shares of the company’s stock, valued at approximately $122,760,816.20. This trade represents a 4.45% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Ban Seng Teh sold 20,195 shares of the business’s stock in a transaction on Thursday, January 29th. The shares were sold at an average price of $442.29, for a total value of $8,932,046.55. Following the completion of the sale, the executive vice president owned 3,092 shares of the company’s stock, valued at $1,367,560.68. This trade represents a 86.72% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 89,051 shares of company stock valued at $34,430,409 in the last 90 days. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Price Performance

Shares of STX opened at $367.34 on Friday. The company’s 50-day moving average is $366.86 and its 200-day moving average is $281.41. The company has a debt-to-equity ratio of 7.63, a current ratio of 1.12 and a quick ratio of 0.72. The firm has a market capitalization of $80.11 billion, a PE ratio of 41.55, a PEG ratio of 0.84 and a beta of 1.61. Seagate Technology Holdings PLC has a fifty-two week low of $63.19 and a fifty-two week high of $459.84.

Seagate Technology (NASDAQ:STX) last announced its earnings results on Tuesday, January 27th. The data storage provider reported $3.11 EPS for the quarter, topping the consensus estimate of $2.77 by $0.34. The business had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.73 billion. Seagate Technology had a net margin of 19.59% and a negative return on equity of 936.38%. Seagate Technology’s revenue was up 21.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $2.03 EPS. Seagate Technology has set its Q3 2026 guidance at 3.200-3.600 EPS. Equities analysts forecast that Seagate Technology Holdings PLC will post 6.83 EPS for the current year.

Seagate Technology Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be given a $0.74 dividend. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 annualized dividend and a dividend yield of 0.8%. Seagate Technology’s dividend payout ratio is presently 33.48%.

Seagate Technology News Summary

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

• Positive Sentiment: Seagate began volume production and qualification of its Mozaic 4+ HAMR platform with two hyperscale cloud customers, supporting up to 44TB drives and signaling meaningful share‑gain potential in AI/cloud storage workloads. Seagate Mozaic 4 Plus HAMR Rollout Tests AI Storage Growth Story
• Positive Sentiment: Analysts are lifting targets and optimism around HAMR-driven margins and durable demand — Bernstein recently raised STX’s price target materially, supporting upside to consensus valuation. Seagate Technology Holdings plc (STX) Price Target Raised, HAMR Technology Drives Cost Savings
• Positive Sentiment: Zacks added STX to its Rank #1 (Strong Buy) growth lists on March 4 and March 5, reflecting favorable analyst momentum and reinforcing buy-side interest. Best Growth Stocks to Buy for March 5th
• Neutral Sentiment: Coverage and media mentions (market mover roundups, institutional commentary) keep STX in investor view but do not by themselves change fundamentals. These Stocks Are Today’s Movers
• Negative Sentiment: CEO William Mosley sold 20,000 shares (~$7.7M) on March 2 — an insider sale that can prompt short‑term selling and be read as executive profit‑taking. SEC Form 4
• Negative Sentiment: Broader sector risk hit storage names after a geopolitical/energy shock and semiconductor sell‑off; that market flow is pressuring STX despite company‑specific wins. Western Digital vs Seagate After the Sell-Off
• Negative Sentiment: Valuation and balance‑sheet considerations remain a concern — STX trades at a high P/E and carries elevated leverage, which can amplify downside if macro demand or pricing weakens.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on the company. Cantor Fitzgerald raised their price target on Seagate Technology from $500.00 to $650.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Wedbush increased their price objective on Seagate Technology from $290.00 to $380.00 and gave the company an “outperform” rating in a report on Friday, January 23rd. Jefferies Financial Group restated a “hold” rating on shares of Seagate Technology in a report on Wednesday, February 4th. Susquehanna raised shares of Seagate Technology from a “negative” rating to a “neutral” rating and upped their price target for the stock from $150.00 to $280.00 in a research report on Friday, January 16th. Finally, Barclays lifted their price objective on shares of Seagate Technology from $370.00 to $425.00 and gave the company an “equal weight” rating in a research report on Wednesday, January 28th. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Seagate Technology has a consensus rating of “Moderate Buy” and an average target price of $447.35.

Seagate Technology Profile

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.