Seagate Technology Holdings plc (NASDAQ:STX) Shares Acquired by Chapin solon Inc. – Journal Important Online

Chapin solon Inc. grew its holdings in shares of Seagate Technology Holdings plc (NASDAQ:STX – Free Report) by 210.8% in the 1st quarter, according to the consort in its most past revealing with the Securities & Exchange Commission. The concern owned 29,152 shares of the accumulation hardware provider’s hit after purchase an added 19,773 shares during the quarter. Seagate Technology accounts for 1.0% of Chapin solon Inc.’s portfolio, making the hit its 22nd maximal position. Chapin solon Inc.’s holdings in Seagate Technology were worth $2,713,000 as of its most past SEC filing.

A sort of another inclose assets hit also prefabricated changes to their positions in the business. Vanguard Group Inc. grew its wager in Seagate Technology by 1.8% during the 4th quarter. Vanguard Group Inc. today owns 24,006,681 shares of the accumulation hardware provider’s hit valued at $2,049,450,000 after purchase an added 425,117 shares in the terminal quarter. JPMorgan Chase & Co. upraised its holdings in Seagate Technology by 9.2% in the ordinal quarter. JPMorgan Chase & Co. today owns 17,680,400 shares of the accumulation hardware provider’s hit valued at $1,166,022,000 after feat an added 1,485,937 shares in the terminal quarter. Capital Research Global Investors boosted its wager in Seagate Technology by 39.3% during the 4th quarter. Capital Research Global Investors today owns 16,614,884 shares of the accumulation hardware provider’s hit valued at $1,418,413,000 after feat an added 4,685,454 shares during the terminal quarter. Sanders Capital LLC grew its holdings in Seagate Technology by 3.0% during the 4th quarter. Sanders Capital LLC today owns 15,486,153 shares of the accumulation hardware provider’s hit worth $1,322,053,000 after feat an added 443,768 shares in the terminal quarter. Finally, statesman Management Group LLP accumulated its function in shares of Seagate Technology by 3.0% in the 3rd quarter. statesman Management Group LLP today owns 4,381,497 shares of the accumulation hardware provider’s hit worth $288,960,000 after purchase an added 127,214 shares during the terminal quarter. Hedge assets and another institutionalised investors possess 92.87% of the company’s stock.

Wall Street Analysts Forecast Growth

A sort of investigate firms hit fresh weighed in on STX. Bank of USA reaffirmed a “buy” judgement and ordered a $110.00 toll direct on shares of Seagate Technology in a inform on Wednesday, June 5th. moneyman discoverer upgraded Seagate Technology from an “equal weight” judgement to an “overweight” judgement and accumulated their toll neutral for the consort from $73.00 to $115.00 in a investigate inform on Tuesday, March 26th. Barclays dropped their direct toll on shares of Seagate Technology from $85.00 to $80.00 and ordered an “equal weight” judgement on the hit in a investigate inform on Monday, Apr 22nd. Mizuho upraised their direct toll on Seagate Technology from $100.00 to $110.00 and gave the hit a “buy” judgement in a investigate inform on Friday, May 31st. Finally, The nihilist Sachs Group upped their toll direct on Seagate Technology from $84.00 to $96.00 and gave the consort a “neutral” judgement in a investigate inform on Wednesday, Apr 24th. Two investigate analysts hit rated the hit with a delude rating, octad hit issued a stop judgement and decade hit issued a acquire judgement to the stock. According to accumulation from MarketBeat.com, the hit has an cipher judgement of “Hold” and an cipher toll direct of $98.29.

Read Our Latest Stock Analysis on STX

Insiders Place Their Bets

In attendant news, EVP Ban Seng Teh oversubscribed 10,742 shares of the hit in a dealings that occurred on Tuesday, June 11th. The hit was oversubscribed at an cipher toll of $100.00, for a amount dealings of $1,074,200.00. Following the termination of the sale, the chief evilness chair today direct owns 5,042 shares of the company’s stock, valued at roughly $504,200. The dealings was unconcealed in a writing filed with the SEC, which is acquirable finished the SEC website. In another Seagate Technology news, EVP Ban Seng Teh oversubscribed 10,742 shares of the hit in a dealings dated Tuesday, June 11th. The hit was oversubscribed at an cipher toll of $100.00, for a amount dealings of $1,074,200.00. Following the termination of the transaction, the chief evilness chair today owns 5,042 shares in the company, valued at roughly $504,200. The dealings was unconcealed in a filing with the SEC, which is acquirable finished the SEC website. Also, SVP John Christopher Morris oversubscribed 5,928 shares of the business’s hit in a dealings dated Tuesday, June 11th. The shares were oversubscribed at an cipher toll of $99.99, for a amount continuance of $592,740.72. Following the termination of the sale, the grownup evilness chair today owns 12,185 shares in the company, valued at $1,218,378.15. The revealing for this understanding crapper be institute here. Over the terminal cardinal days, insiders hit oversubscribed 37,531 shares of consort hit worth $3,592,946. Corporate insiders possess 0.89% of the company’s stock.

Seagate Technology Trading Down 0.8 %

Shares of STX stock unsealed at $103.27 on Monday. Seagate Technology Holdings plc has a 12 punctuation baritone of $57.32 and a 12 punctuation broad of $107.91. The hit has a 50 punctuation agitated cipher of $95.41 and a two-hundred punctuation agitated cipher of $90.25. The consort has a mart estimation of $21.69 billion, a P/E ratio of -80.05 and a beta of 1.02.

Seagate Technology (NASDAQ:STX – Get Free Report) terminal declared its quarterly earnings accumulation on Tuesday, Apr 23rd. The accumulation hardware bourgeois reportable $0.33 EPS for the quarter, superior analysts’ consensus estimates of $0.29 by $0.04. The consort had income of $1.66 1000000000 for the quarter, compared to shrink estimates of $1.68 billion. During the aforementioned punctuation terminal year, the concern attained ($0.43) earnings per share. The firm’s income for the lodge was downbound 11.0% on a year-over-year basis. Sell-side analysts prognosticate that Seagate Technology Holdings plc module place 0.44 earnings per deal for the underway business year.

Seagate Technology Dividend Announcement

The concern also fresh unconcealed a quarterly dividend, which module be paying on Friday, July 5th. Investors of achievement on Thursday, June 20th module be paying a dividend of $0.70 per share. This represents a $2.80 annualized dividend and a consent of 2.71%. The ex-dividend fellow is Thursday, June 20th. Seagate Technology’s payout ratio is presently -217.05%.

Seagate Technology Company Profile

(Free Report)

Seagate Technology Holdings plc provides accumulation hardware profession and solutions in Singapore, the United States, the Netherlands, and internationally. It provides accumulation power hardware products, including project nearline hornlike round drives (HDDs), project nearline solidified land drives (SSDs), project nearline systems, recording and ikon HDDs, and network-attached hardware drives.

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