New insider activity at Seagate Tech ( (STX) ) has taken place on July 2, 2025.
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CEO William Mosley recently sold 16,228 shares of Seagate Tech stock, amounting to a total value of $2,352,012. This significant transaction highlights a notable movement in the company’s stock holdings by its executive leadership.
Recent Updates on STX stock
In the last 24 hours, Seagate Technology has experienced a notable bearish sentiment in the options market, with a significant volume of put options trading, indicating a negative outlook among investors. The Put/Call Ratio has increased, and implied volatility is on the rise, reflecting heightened market uncertainty ahead of the company’s earnings report expected on July 22nd. Additionally, Seagate’s recent financial maneuvers, including the completion of senior notes exchange offers and debt restructuring, have been key factors in the market’s perception. Despite the bearish options activity, Bank of America has raised its price target for Seagate, likely due to these strategic financial decisions aimed at improving the company’s balance sheet.
Spark’s Take on STX Stock
According to Spark, TipRanks’ AI Analyst, STX is a Neutral.
Seagate Tech’s strong revenue growth and profitability recovery are countered by high leverage risks. Technical indicators suggest caution due to overbought conditions. Positive earnings call highlights reinforce a positive outlook, though potential financial instability warrants careful monitoring.
To see Spark’s full report on STX stock, click here.
More about Seagate Tech
YTD Price Performance: 70.31%
Average Trading Volume: 4,694,333
Technical Sentiment Signal: Buy
Current Market Cap: $30.78B