Kintegral Advisory LLC Has $621,000 Holdings in Seagate Technology Holdings plc (NASDAQ:STX)

Kintegral Advisory LLC cut its position in Seagate Technology Holdings plc (NASDAQ:STX) by 4.5% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,128 shares of the data storage provider’s stock after selling 332 shares during the period. Kintegral Advisory LLC’s holdings in Seagate Technology were worth $621,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the company. Ashton Thomas Securities LLC acquired a new stake in Seagate Technology during the 3rd quarter worth $26,000. Advisors Asset Management Inc. raised its stake in shares of Seagate Technology by 177.9% in the 3rd quarter. Advisors Asset Management Inc. now owns 403 shares of the data storage provider’s stock valued at $44,000 after purchasing an additional 258 shares during the period. JFS Wealth Advisors LLC raised its stake in shares of Seagate Technology by 232.5% in the 3rd quarter. JFS Wealth Advisors LLC now owns 419 shares of the data storage provider’s stock valued at $46,000 after purchasing an additional 293 shares during the period. Human Investing LLC acquired a new stake in shares of Seagate Technology in the 4th quarter valued at about $48,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Seagate Technology in the 3rd quarter valued at about $53,000. Institutional investors own 92.87% of the company’s stock.

Insider Activity

In other news, Director Yolanda Lee Conyers sold 750 shares of Seagate Technology stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $101.82, for a total value of $76,365.00. Following the completion of the sale, the director now directly owns 6,555 shares in the company, valued at approximately $667,430.10. The trade was a 10.27 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO William D. Mosley sold 20,000 shares of Seagate Technology stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $102.83, for a total transaction of $2,056,600.00. Following the completion of the sale, the chief executive officer now owns 622,497 shares of the company’s stock, valued at approximately $64,011,366.51. The trade was a 3.11 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 20,891 shares of company stock worth $2,146,848. Corporate insiders own 0.81% of the company’s stock.

Analyst Ratings Changes

Several research firms have issued reports on STX. Wells Fargo & Company dropped their price target on Seagate Technology from $120.00 to $110.00 and set an “equal weight” rating on the stock in a research note on Thursday, January 16th. Cantor Fitzgerald restated a “neutral” rating and issued a $120.00 price objective on shares of Seagate Technology in a report on Wednesday, January 22nd. Barclays lifted their price target on Seagate Technology from $95.00 to $105.00 and gave the stock an “equal weight” rating in a report on Wednesday, January 22nd. Susquehanna lifted their price target on Seagate Technology from $65.00 to $68.00 and gave the stock a “negative” rating in a report on Wednesday, January 22nd. Finally, The Goldman Sachs Group reduced their price target on Seagate Technology from $112.00 to $99.00 and set a “neutral” rating for the company in a report on Friday, January 10th. One analyst has rated the stock with a sell rating, five have issued a hold rating and fourteen have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $122.56.

Seagate Technology Stock Down 1.7 %

Shares of NASDAQ:STX opened at $100.85 on Friday. Seagate Technology Holdings plc has a 12-month low of $82.31 and a 12-month high of $115.32. The stock has a market cap of $21.35 billion, a PE ratio of 18.44 and a beta of 1.07. The business has a 50 day moving average of $95.02 and a 200-day moving average of $99.84.

Seagate Technology Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Stockholders of record on Wednesday, March 19th will be given a $0.72 dividend. The ex-dividend date is Wednesday, March 19th. This represents a $2.88 dividend on an annualized basis and a dividend yield of 2.86%. Seagate Technology’s payout ratio is 52.65%.

About Seagate Technology

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.