6,182 Shares in Seagate Technology Holdings plc (NASDAQ:STX) Acquired by JLB & Associates Inc.

JLB & Associates Inc. acquired a new position in shares of Seagate Technology Holdings plc (NASDAQ:STX) in the 4th quarter, according to its most recent 13F filing with the SEC. The fund acquired 6,182 shares of the data storage provider’s stock, valued at approximately $534,000.

Several other institutional investors have also recently modified their holdings of the stock. Ashton Thomas Securities LLC acquired a new position in Seagate Technology in the 3rd quarter valued at $26,000. Advisors Asset Management Inc. increased its holdings in shares of Seagate Technology by 177.9% during the 3rd quarter. Advisors Asset Management Inc. now owns 403 shares of the data storage provider’s stock worth $44,000 after buying an additional 258 shares during the last quarter. JFS Wealth Advisors LLC increased its holdings in shares of Seagate Technology by 232.5% during the 3rd quarter. JFS Wealth Advisors LLC now owns 419 shares of the data storage provider’s stock worth $46,000 after buying an additional 293 shares during the last quarter. Human Investing LLC acquired a new stake in shares of Seagate Technology during the 4th quarter worth $48,000. Finally, Harvest Fund Management Co. Ltd acquired a new stake in shares of Seagate Technology during the 3rd quarter worth $53,000. 92.87% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Seagate Technology

In related news, Director Yolanda Lee Conyers sold 750 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The shares were sold at an average price of $101.82, for a total transaction 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. This trade represents a 10.27 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO William D. Mosley sold 20,000 shares of the firm’s stock in a transaction that occurred on Monday, December 2nd. The stock was sold at an average price of $102.83, for a total transaction of $2,056,600.00. Following the completion of the transaction, the chief executive officer now directly owns 622,497 shares of the company’s stock, valued at $64,011,366.51. This represents a 3.11 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 20,891 shares of company stock worth $2,146,848. 0.81% of the stock is owned by company insiders.

Seagate Technology Trading Down 0.3 %

Shares of NASDAQ:STX opened at $102.64 on Friday. The firm’s 50 day moving average is $94.92 and its two-hundred day moving average is $99.74. Seagate Technology Holdings plc has a 52 week low of $82.31 and a 52 week high of $115.32. The firm has a market capitalization of $21.73 billion, a P/E ratio of 18.76 and a beta of 1.07.

Seagate Technology Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, April 2nd. Shareholders of record on Wednesday, March 19th will be paid a $0.72 dividend. The ex-dividend date of this dividend is Wednesday, March 19th. This represents a $2.88 annualized dividend and a dividend yield of 2.81%. Seagate Technology’s payout ratio is currently 52.65%.

Analyst Ratings Changes

A number of analysts have recently commented on STX shares. The Goldman Sachs Group dropped their price objective on Seagate Technology from $112.00 to $99.00 and set a “neutral” rating for the company in a report on Friday, January 10th. Susquehanna upped their price objective on Seagate Technology from $65.00 to $68.00 and gave the stock a “negative” rating in a report on Wednesday, January 22nd. Citigroup upped their price target on shares of Seagate Technology from $120.00 to $125.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. Wedbush reaffirmed an “outperform” rating and set a $150.00 price target on shares of Seagate Technology in a research report on Wednesday, January 22nd. Finally, Bank of America upped their price target on shares of Seagate Technology from $124.00 to $130.00 and gave the stock a “buy” rating in a research report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, five have given a hold rating and fourteen have assigned a buy rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $122.56.

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.