Community Bank & Trust Waco Texas Acquires 182 Shares of Seagate Technology Holdings plc (NASDAQ:STX)

Community Bank & Trust Waco Texas raised its holdings in shares of Seagate Technology Holdings plc (NASDAQ:STX) by 1.9% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 9,975 shares of the data storage provider’s stock after acquiring an additional 182 shares during the quarter. Community Bank & Trust Waco Texas’ holdings in Seagate Technology were worth $861,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in STX. Sequoia Financial Advisors LLC grew its stake in shares of Seagate Technology by 3.6% in the third quarter. Sequoia Financial Advisors LLC now owns 2,560 shares of the data storage provider’s stock valued at $281,000 after buying an additional 89 shares in the last quarter. Berkshire Bank grew its stake in shares of Seagate Technology by 2.6% in the fourth quarter. Berkshire Bank now owns 4,118 shares of the data storage provider’s stock valued at $355,000 after buying an additional 103 shares in the last quarter. MWA Asset Management grew its stake in shares of Seagate Technology by 0.5% in the fourth quarter. MWA Asset Management now owns 19,636 shares of the data storage provider’s stock valued at $1,695,000 after buying an additional 104 shares in the last quarter. My Legacy Advisors LLC grew its stake in shares of Seagate Technology by 3.9% in the fourth quarter. My Legacy Advisors LLC now owns 3,113 shares of the data storage provider’s stock valued at $294,000 after buying an additional 118 shares in the last quarter. Finally, Yousif Capital Management LLC grew its stake in shares of Seagate Technology by 0.4% in the fourth quarter. Yousif Capital Management LLC now owns 27,594 shares of the data storage provider’s stock valued at $2,382,000 after buying an additional 121 shares in the last quarter. 92.87% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on STX. Evercore ISI raised their target price on shares of Seagate Technology from $125.00 to $135.00 and gave the company an “outperform” rating in a research note on Wednesday, October 23rd. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $120.00 price target on shares of Seagate Technology in a report on Wednesday, January 22nd. Benchmark raised Seagate Technology from a “hold” rating to a “buy” rating and set a $120.00 price target for the company in a report on Wednesday, January 22nd. Northland Securities reaffirmed an “outperform” rating and set a $160.00 price target (up previously from $144.00) on shares of Seagate Technology in a report on Wednesday, January 22nd. Finally, Summit Insights raised Seagate Technology from a “hold” rating to a “buy” rating in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have issued a buy rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $122.56.

Seagate Technology Stock Performance

Shares of NASDAQ STX opened at $97.80 on Tuesday. Seagate Technology Holdings plc has a 52 week low of $82.31 and a 52 week high of $115.32. The stock has a market capitalization of $20.71 billion, a P/E ratio of 17.88 and a beta of 1.07. The stock’s fifty day moving average is $94.54 and its 200 day moving average is $99.72.

Seagate Technology Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be given a $0.72 dividend. This represents a $2.88 dividend on an annualized basis and a yield of 2.94%. The ex-dividend date of this dividend is Wednesday, March 19th. Seagate Technology’s dividend payout ratio is presently 52.65%.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $101.82, for a total value of $76,365.00. Following the transaction, the director now owns 6,555 shares in the company, valued at $667,430.10. The trade was a 10.27 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO William D. Mosley sold 20,000 shares of the business’s stock in a transaction dated Monday, December 2nd. The stock was sold at an average price of $102.83, for a total value of $2,056,600.00. Following the sale, the chief executive officer now owns 622,497 shares in the company, valued at approximately $64,011,366.51. This trade represents a 3.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 20,891 shares of company stock worth $2,146,848 over the last 90 days. Insiders own 0.81% of the company’s stock.

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.