Seagate Technology Holdings plc (NASDAQ:STX) Shares Acquired by Dimensional Fund Advisors LP

Dimensional Fund Advisors LP increased its holdings in Seagate Technology Holdings plc (NASDAQ:STX) by 1.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 982,649 shares of the data storage provider’s stock after acquiring an additional 9,821 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Seagate Technology were worth $84,814,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Seagate Technology in the third quarter valued at approximately $54,000. JFS Wealth Advisors LLC increased its stake in Seagate Technology by 27.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 532 shares of the data storage provider’s stock valued at $46,000 after buying an additional 113 shares during the period. Human Investing LLC purchased a new position in Seagate Technology during the 4th quarter worth $48,000. Mizuho Bank Ltd. lifted its stake in shares of Seagate Technology by 140.0% in the 4th quarter. Mizuho Bank Ltd. now owns 600 shares of the data storage provider’s stock worth $52,000 after acquiring an additional 350 shares during the period. Finally, S.A. Mason LLC acquired a new position in shares of Seagate Technology during the fourth quarter worth about $55,000. Hedge funds and other institutional investors own 92.87% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on STX shares. Wells Fargo & Company lowered their price objective on Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating on the stock in a report on Thursday, January 16th. Susquehanna raised their price objective on shares of Seagate Technology from $65.00 to $68.00 and gave the company a “negative” rating in a research note on Wednesday, January 22nd. Mizuho lowered their target price on shares of Seagate Technology from $115.00 to $95.00 and set an “outperform” rating on the stock in a research report on Thursday, April 10th. Wedbush reiterated an “outperform” rating and set a $150.00 price target on shares of Seagate Technology in a research report on Wednesday, January 22nd. Finally, Barclays lowered their price target on Seagate Technology from $105.00 to $80.00 and set an “equal weight” rating on the stock in a report on Tuesday, April 22nd. One research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have given a buy rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $117.39.

Insiders Place Their Bets

In related news, CEO William D. Mosley sold 20,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 1st. The shares were sold at an average price of $84.56, for a total value of $1,691,200.00. Following the completion of the sale, the chief executive officer now directly owns 555,677 shares in the company, valued at approximately $46,988,047.12. The trade was a 3.47 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.81% of the company’s stock.

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $81.60 on Wednesday. The firm has a market cap of $17.28 billion, a P/E ratio of 14.92 and a beta of 1.21. Seagate Technology Holdings plc has a 1 year low of $63.19 and a 1 year high of $115.32. The firm’s 50 day moving average price is $83.79 and its 200 day moving average price is $93.24.

Seagate Technology Profile

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.