Ossiam Purchases 11,143 Shares of Seagate Technology Holdings plc (NASDAQ:STX)

Ossiam increased its stake in shares of Seagate Technology Holdings plc (NASDAQ:STX - Free Report) by 294.6% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,926 shares of the data storage provider's stock after acquiring an additional 11,143 shares during the quarter. Ossiam's holdings in Seagate Technology were worth $1,288,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Wilmington Savings Fund Society FSB bought a new stake in shares of Seagate Technology in the 3rd quarter worth approximately $54,000. JFS Wealth Advisors LLC grew its position in shares of Seagate Technology by 27.0% in the 4th quarter. JFS Wealth Advisors LLC now owns 532 shares of the data storage provider's stock worth $46,000 after buying an additional 113 shares during the last quarter. Human Investing LLC bought a new stake in shares of Seagate Technology in the 4th quarter worth approximately $48,000. Mizuho Bank Ltd. boosted its position in shares of Seagate Technology by 140.0% during the fourth quarter. Mizuho Bank Ltd. now owns 600 shares of the data storage provider's stock valued at $52,000 after purchasing an additional 350 shares in the last quarter. Finally, S.A. Mason LLC bought a new stake in shares of Seagate Technology during the fourth quarter valued at approximately $55,000. 92.87% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Seagate Technology

In other Seagate Technology news, CEO William D. Mosley sold 20,000 shares of the stock in a transaction dated Tuesday, April 1st. The stock was sold at an average price of $84.56, for a total value of $1,691,200.00. Following the transaction, the chief executive officer now owns 555,677 shares of the company's stock, valued at approximately $46,988,047.12. This represents a 3.47 % 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. 0.81% of the stock is owned by corporate insiders.

Seagate Technology Trading Down 0.4 %

STX stock traded down $0.34 during trading on Friday, reaching $82.70. The stock had a trading volume of 4,055,435 shares, compared to its average volume of 2,767,850. Seagate Technology Holdings plc has a 52 week low of $63.19 and a 52 week high of $115.32. The stock's 50 day moving average is $84.62 and its two-hundred day moving average is $93.51. The firm has a market cap of $17.51 billion, a PE ratio of 15.12 and a beta of 1.21.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on STX shares. Susquehanna lifted their price target on Seagate Technology from $65.00 to $68.00 and gave the company a "negative" rating in a research report on Wednesday, January 22nd. Summit Insights upgraded Seagate Technology from a "hold" rating to a "buy" rating in a research report on Wednesday, January 22nd. Mizuho dropped their price target on Seagate Technology from $115.00 to $95.00 and set an "outperform" rating on the stock in a research report on Thursday, April 10th. UBS Group lifted their price target on Seagate Technology from $95.00 to $105.00 and gave the company a "neutral" rating in a research report on Wednesday, January 22nd. Finally, Wedbush reiterated an "outperform" rating and set a $150.00 price objective on shares of Seagate Technology in a research note on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and thirteen have issued a buy rating to the company's stock. Based on data from MarketBeat, Seagate Technology currently has a consensus rating of "Moderate Buy" and an average target price of $117.39.

Seagate Technology Company 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.