New insider activity at Seagate Tech ( (STX) ) has taken place on August 7, 2025.
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Director Jay Geldmacher recently sold 2,500 shares of Seagate Tech stock, amounting to a total transaction value of $376,250.
Recent Updates on STX stock
Seagate Technology reported strong financial results for fiscal 2025, with a 30% year-over-year revenue growth in the fourth quarter and significant advancements in HAMR technology. Despite challenges like the global minimum tax and production capacity allocation, the company remains optimistic about future growth, particularly in cloud and edge markets. Cantor Fitzgerald upgraded Seagate to Overweight, citing the post-earnings selloff as an opportunity, despite weaker than expected guidance for the September quarter. The firm believes the stock’s re-rating story is still in its early stages, with potential upside into fiscal 2028.
Spark’s Take on STX Stock
According to Spark, TipRanks’ AI Analyst, STX is a Outperform.
Seagate Tech demonstrates strong financial recovery and technical momentum, underpinned by strategic advancements in technology and shareholder-friendly actions like buybacks. However, financial risks due to high leverage need ongoing management.
To see Spark’s full report on STX stock, click here.
More about Seagate Tech
YTD Price Performance: 72.93%
Average Trading Volume: 4,276,693
Technical Sentiment Signal: Buy
Current Market Cap: $32.27B