Authentikos Wealth Advisory LLC Takes $2.07 Million Position in Seagate Technology Holdings PLC $STX

Authentikos Wealth Advisory LLC acquired a new stake in Seagate Technology Holdings PLC (NASDAQ:STX) during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 8,772 shares of the data storage provider’s stock, valued at approximately $2,071,000. Seagate Technology makes up about 1.4% of Authentikos Wealth Advisory LLC’s portfolio, making the stock its 28th biggest position.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Smartleaf Asset Management LLC raised its stake in shares of Seagate Technology by 46.3% in the third quarter. Smartleaf Asset Management LLC now owns 2,378 shares of the data storage provider’s stock worth $545,000 after purchasing an additional 753 shares during the last quarter. Arkfeld Wealth Strategies L.L.C. bought a new stake in Seagate Technology in the 3rd quarter worth about $239,000. Moloney Securities Asset Management LLC purchased a new position in Seagate Technology in the 3rd quarter worth about $247,000. Wellington Shields & Co. LLC purchased a new position in Seagate Technology in the 3rd quarter worth about $201,000. Finally, John G Ullman & Associates Inc. bought a new position in Seagate Technology during the 3rd quarter valued at about $316,000. Institutional investors own 92.87% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Bank of America lifted their price target on shares of Seagate Technology from $320.00 to $400.00 and gave the stock a “buy” rating in a research note on Tuesday, January 20th. Zacks Research cut shares of Seagate Technology from a “strong-buy” rating to a “hold” rating in a report on Monday, January 19th. Sanford C. Bernstein boosted their target price on shares of Seagate Technology from $275.00 to $370.00 and gave the company an “outperform” rating in a research note on Thursday, November 6th. Argus increased their price target on Seagate Technology from $300.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, January 29th. Finally, Robert W. Baird raised their price target on Seagate Technology from $270.00 to $505.00 and gave the stock an “outperform” rating in a research note on Thursday, January 29th. Eighteen investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat, Seagate Technology currently has an average rating of “Moderate Buy” and a consensus price target of $431.48.

Insider Activity at Seagate Technology

In other Seagate Technology news, Director Yolanda Lee Conyers sold 750 shares of the stock in a transaction that occurred on Tuesday, December 2nd. The shares were sold at an average price of $272.91, for a total transaction of $204,682.50. Following the completion of the sale, the director directly owned 5,601 shares of the company’s stock, valued at $1,528,568.91. This trade represents a 11.81% decrease in their position. The sale was disclosed in a filing with the SEC, which is available 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 stock was sold at an average price of $442.29, for a total transaction of $8,932,046.55. Following the completion of the transaction, the executive vice president directly owned 3,092 shares in the company, valued at $1,367,560.68. This trade represents a 86.72% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 137,976 shares of company stock worth $45,330,378 in the last three months. Corporate insiders own 0.79% of the company’s stock.

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $429.32 on Friday. The stock has a market cap of $93.62 billion, a PE ratio of 48.57, a price-to-earnings-growth ratio of 0.96 and a beta of 1.62. Seagate Technology Holdings PLC has a 1 year low of $63.19 and a 1 year high of $459.41. The firm has a fifty day moving average price of $320.55 and a 200-day moving average price of $248.77. The company has a debt-to-equity ratio of 7.63, a current ratio of 1.12 and a quick ratio of 0.72.

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

Seagate Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 8th. Investors of record on Wednesday, March 25th will be given a dividend of $0.74 per share. The ex-dividend date is Wednesday, March 25th. This represents a $2.96 annualized dividend and a dividend yield of 0.7%. Seagate Technology’s dividend payout ratio (DPR) is currently 33.48%.

Key Headlines Impacting Seagate Technology

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

• Positive Sentiment: Major broker Citigroup raised its price target to $480 and maintained a “buy” rating, signaling incremental analyst conviction and supporting upside expectations. MarketScreener: Citigroup adjusts Seagate price target to $480
• Positive Sentiment: BNP Paribas Exane lifted its target sharply to $530 and kept an “outperform” rating, a sizable bullish signal that likely boosted investor confidence. MarketScreener: BNP Paribas adjusts Seagate price target to $530
• Positive Sentiment: Cantor Fitzgerald reportedly set a $650 price target—an aggressive bull-case that adds to the narrative of strong long-term upside from AI-related storage demand. AmericanBankingNews: Seagate Given New $650.00 Price Target at Cantor Fitzgerald
• Positive Sentiment: Industry media (Zacks) is including STX on growth and momentum lists, citing AI-driven memory/storage demand and strong earnings growth — reinforcing investor interest in Seagate as an AI beneficiary. Zacks: 5 Growth Stocks to Buy in February to Enhance Your Portfolio Returns
• Neutral Sentiment: Zacks also highlighted STX in pieces about stocks that could beat earnings and show price strength; useful signals but not direct catalysts. Zacks: These 2 Computer and Technology Stocks Could Beat Earnings
• Negative Sentiment: Analysis in Forbes pointed to a recent sharp one-day decline driven by renewed worries over AI chip export restrictions to China and notable insider selling — issues that can pressure valuation and sentiment. Forbes: How Low Can Seagate Stock Go?
• Negative Sentiment: A Yahoo Finance piece flagged a CEO share sale, prompting fresh scrutiny of insider selling and the AI-storage valuation story; investor concern over timing and optics can be a headwind. Yahoo Finance: Seagate CEO Share Sale Prompts Fresh Look At AI Storage Valuation

About Seagate Technology

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.