Seagate Technology (NASDAQ:STX) CEO William Mosley Sells 20,000 Shares

March 4, 2026 by InsiderTrades.com

Seagate Technology Holdings PLC (NASDAQ:STX - Get Free Report) CEO William Mosley sold 20,000 shares of the company's stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $384.76, for a total transaction of $7,695,200.00. Following the completion of the transaction, the chief executive officer directly owned 395,897 shares of the company's stock, valued at approximately $152,325,329.72. The trade was a 4.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Seagate Technology Stock Down 5.8%

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Shares of Seagate Technology stock opened at $357.62 on Wednesday. Seagate Technology Holdings PLC has a 1-year low of $63.19 and a 1-year high of $459.84. The company has a market capitalization of $77.99 billion, a PE ratio of 40.45, a P/E/G ratio of 0.85 and a beta of 1.61. 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 business has a 50-day moving average of $363.42 and a 200-day moving average of $280.15.

Seagate Technology (NASDAQ:STX - Get Free Report) last issued its quarterly earnings results on Tuesday, January 27th. The data storage provider reported $3.11 EPS for the quarter, beating analysts' consensus estimates of $2.77 by $0.34. Seagate Technology had a negative return on equity of 936.38% and a net margin of 19.59%.The firm had revenue of $2.83 billion during the quarter, compared to the consensus estimate of $2.73 billion. During the same quarter in the prior year, the business posted $2.03 earnings per share. 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. As a group, equities analysts forecast that Seagate Technology Holdings PLC will post 6.83 EPS for the current fiscal year.

Seagate Technology Announces Dividend

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The business also recently declared a quarterly dividend, which will be paid on Wednesday, April 8th. Stockholders of record on Wednesday, March 25th will be given a dividend of $0.74 per share. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 0.8%. Seagate Technology's dividend payout ratio (DPR) is presently 33.48%.

Analyst Ratings Changes

STX has been the topic of a number of research analyst reports. Citigroup increased their price objective on shares of Seagate Technology from $460.00 to $480.00 and gave the company a "buy" rating in a research note on Friday, February 6th. Mizuho increased their price target on shares of Seagate Technology from $440.00 to $475.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 17th. Weiss Ratings reissued a "buy (b)" rating on shares of Seagate Technology in a report on Monday, December 29th. Loop Capital upped their price objective on Seagate Technology from $465.00 to $700.00 and gave the company a "buy" rating in a research note on Monday, February 9th. Finally, The Goldman Sachs Group lifted their target price on Seagate Technology from $310.00 to $385.00 and gave the stock a "buy" rating in a research report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the company. According to data from MarketBeat, Seagate Technology currently has an average rating of "Moderate Buy" and an average price target of $447.35.

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More Seagate Technology News

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

Positive Sentiment: Seagate launched its next‑generation Mozaic 4+ HAMR platform (up to 44TB) and is in production with two hyperscale cloud customers — a direct revenue and share-gain catalyst for higher-capacity enterprise storage. Seagate Delivers Industry's Highest Capacity Hard Drives with Next-Generation Mozaic 4+
Positive Sentiment: Bernstein raised its STX price target to $500 (from $370), citing HAMR-driven cost savings and durable demand — an analyst upgrade that supports upside to the stock’s consensus valuation. Seagate Technology Holdings plc (STX) Price Target Raised, HAMR Technology Drives Cost Savings
Positive Sentiment: UBS raised memory pricing forecasts and price targets after industry meetings, arguing supply will remain tight — a favorable macro tailwind for storage vendors like Seagate if higher component prices support HDD demand and pricing. UBS raises memory chip price targets as supply crunch deepens, defying sector sell-off
Neutral Sentiment: Seagate presented at the Morgan Stanley TMT conference — provides investor visibility into strategy and execution but contains no single material surprise to immediately change the outlook. Seagate Technology Holdings plc (STX) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Neutral Sentiment: Consensus brokerage coverage remains constructive (average “Moderate Buy”), reflecting goodwill from recent earnings beats and guidance but not eliminating near‑term volatility. Seagate Technology Holdings PLC (NASDAQ:STX) Given Average Rating of "Moderate Buy" by Brokerages
Neutral Sentiment: Seagate appeared in a market roundup of cash‑producing stocks — useful context for long‑term investors but not an immediate price driver. 2 Cash-Producing Stocks to Research Further and 1 We Avoid
Negative Sentiment: CEO William Mosley sold 20,000 shares (~$7.7M) on March 2, reducing his stake ~4.8% — an insider sale that can trigger short‑term selling pressure and signal executive profit-taking. SEC Form 4
Negative Sentiment: Valuation and leverage remain market concerns — STX trades at a high P/E (~40) and carries elevated debt (debt/equity ~7.6), which can amplify downside if macro conditions or demand soften.

Hedge Funds Weigh In On Seagate Technology

Institutional investors have recently made changes to their positions in the stock. Salomon & Ludwin LLC lifted its holdings in shares of Seagate Technology by 124.4% in the 4th quarter. Salomon & Ludwin LLC now owns 92 shares of the data storage provider's stock worth $27,000 after purchasing an additional 51 shares during the last quarter. Rakuten Securities Inc. increased its position in Seagate Technology by 884.2% in the second quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider's stock worth $27,000 after buying an additional 168 shares during the period. Armstrong Advisory Group Inc. acquired a new stake in Seagate Technology in the fourth quarter worth $28,000. Avion Wealth lifted its stake in Seagate Technology by 343.5% in the fourth quarter. Avion Wealth now owns 102 shares of the data storage provider's stock valued at $28,000 after buying an additional 79 shares during the last quarter. Finally, Concord Wealth Partners acquired a new position in shares of Seagate Technology during the fourth quarter valued at $28,000. 92.87% of the stock is owned by institutional investors.

About Seagate Technology

(Get Free Report)

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.