New insider activity at Seagate Tech ( (STX) ) has taken place on December 12, 2025.
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EVP & CCO Ban Seng Teh recently sold 2,010 shares of Seagate Tech stock, amounting to a total transaction value of $594,759.
Recent Updates on STX stock
Recent developments regarding Seagate Technology’s stock include coverage initiation by China Renaissance with a Buy rating, reflecting confidence in the company’s market position and growth prospects. Additionally, Citi and BofA raised their price targets for Seagate to $320 from $275, driven by positive outlooks on the company’s performance and strategic positioning. These adjustments are influenced by Seagate’s strong market presence and anticipated growth, despite the CEO’s recent sale of $5.42 million in common stock.
Spark’s Take on STX Stock
According to Spark, TipRanks’ AI Analyst, STX is a Neutral.
Seagate Technology’s overall stock score is driven by strong technical analysis and positive earnings call sentiment, reflecting robust revenue growth and strategic advancements. However, financial performance is hindered by high leverage and negative equity, and valuation concerns due to a high P/E ratio temper the overall score. Corporate events provide additional support, indicating strategic alignment and shareholder confidence.
To see Spark’s full report on STX stock, click here.
More about Seagate Tech
YTD Price Performance: 262.64%
Average Trading Volume: 4,438,316
Technical Sentiment Signal: Buy
Current Market Cap: $63.84B