Seagate Technology Holdings plc (STX) is down 7.6% today. Here is some analysis on what might have caused this price movement.
Analysis: The most likely driver is a continued selloff in storage and memory shares rather than a new Seagate-specific negative announcement today. This could be because investors are reassessing how much AI-related demand and pricing strength are already reflected in hard-drive stocks after Seagate’s strong late-July earnings and a recent weak reaction to peer results. ([investors.seagate.com](https://investors.seagate.com/news/news-details/2026/Seagate-Technology-Reports-Fiscal-Fourth-Quarter-and-Fiscal-Year-2026-Financial-Results/default.aspx?utm_source=openai))
Details:
Sources:
Seagate, SEC, Reuters
Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$STX Insider Trading Activity
$STX insiders have traded $STX stock on the open market 332 times in the past 6 months. Of those trades, 0 have been purchases and 332 have been sales.
Here’s a breakdown of recent trading of $STX stock by insiders over the last 6 months:
- WILLIAM D MOSLEY (CEO) has made 0 purchases and 207 sales selling 189,207 shares for an estimated $131,854,383.
- BAN SENG TEH (EVP & Chief Commercial Officer) has made 0 purchases and 26 sales selling 23,910 shares for an estimated $20,336,515.
- GIANLUCA ROMANO (EVP & CFO) has made 0 purchases and 68 sales selling 24,464 shares for an estimated $19,738,901.
- JOHN CHRISTOPHER MORRIS (EVP & CTO) has made 0 purchases and 21 sales selling 8,083 shares for an estimated $6,104,152.
- KIAN FATT CHONG (EVP Global Operations) sold 5,846 shares for an estimated $2,434,740
- JAMES CI LEE (EVP & CLO) has made 0 purchases and 3 sales selling 1,933 shares for an estimated $1,616,286.
- STEPHANIE TILENIUS has made 0 purchases and 2 sales selling 1,580 shares for an estimated $1,211,249.
- YOLANDA LEE CONYERS has made 0 purchases and 2 sales selling 1,500 shares for an estimated $959,190.
- PRAT BHATT sold 1,000 shares for an estimated $929,880
- SHANKAR ARUMUGAVELU sold 1,000 shares for an estimated $927,680
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$STX Hedge Fund Activity
We have seen 1,172 institutional investors add shares of $STX stock to their portfolio, and 721 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- SANDERS CAPITAL, LLC removed 9,409,982 shares (-73.0%) from their portfolio in Q2 2026, for an estimated $9,080,632,630
- JPMORGAN CHASE & CO added 5,201,103 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,019,064,395
- INVESCO LTD. added 4,937,030 shares (+189.9%) to their portfolio in Q2 2026, for an estimated $4,764,233,950
- WELLINGTON MANAGEMENT GROUP LLP added 2,326,538 shares (+2655.9%) to their portfolio in Q2 2026, for an estimated $2,245,109,170
- NOMURA ASSET MANAGEMENT INTERNATIONAL INC. removed 1,798,886 shares (-99.7%) from their portfolio in Q2 2026, for an estimated $1,735,924,990
- FRANKLIN RESOURCES INC removed 1,720,116 shares (-48.9%) from their portfolio in Q2 2026, for an estimated $1,659,911,940
- DZ BANK AG DEUTSCHE ZENTRAL GENOSSENSCHAFTS BANK, FRANKFURT AM MAIN removed 1,511,670 shares (-41.8%) from their portfolio in Q2 2026, for an estimated $1,458,761,550
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$STX Congressional Stock Trading
Members of Congress have traded $STX stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $STX stock by members of Congress over the last 6 months:
- SENATOR ALAN ARMSTRONG purchased up to $15,000 on 03/27.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$STX Analyst Ratings
Wall Street analysts have issued reports on $STX in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 04/30/2026
- TD Cowen issued a "Buy" rating on 04/29/2026
To track analyst ratings and price targets for $STX, check out Quiver Quantitative's $STX forecast page.
$STX Price Targets
Multiple analysts have issued price targets for $STX recently. We have seen 15 analysts offer price targets for $STX in the last 6 months, with a median target of $1000.0.
Here are some recent targets:
- Mehdi Hosseini from Susquehanna set a target price of $775.0 on 07/08/2026
- Wamsi Mohan from B of A Securities set a target price of $1150.0 on 07/01/2026
- C.J. Muse from Cantor Fitzgerald set a target price of $1300.0 on 06/29/2026
- Erik Woodring from Morgan Stanley set a target price of $1035.0 on 06/15/2026
- Samik Chatterjee from JP Morgan set a target price of $920.0 on 06/12/2026
- Vijay Rakesh from Mizuho set a target price of $1090.0 on 06/08/2026
- Asiya Merchant from Citigroup set a target price of $1150.0 on 06/02/2026
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
