New insider activity at Seagate Tech ( (STX) ) has taken place on September 11, 2025.
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EVP & CCO Ban Seng Teh recently sold 6,781 shares of Seagate Tech stock, amounting to a total transaction value of $1,298,764.
Recent Updates on STX stock
In the last 24 hours, Seagate Technology (STX) has experienced notable developments affecting its stock price. Barclays raised its price target for Seagate to $180 from $125, driven by the company’s robust growth highlighted in its recent earnings call. The earnings call emphasized strong financial performance, contributing to a positive market sentiment. Additionally, Seagate extended its winning streak, reaching a new record high, which may be attributed to the market’s optimistic outlook on its growth trajectory. However, a cautious outlook persists, with some analysts maintaining a hold rating due to financial stabilization concerns and potential risk factors. Furthermore, Seagate announced the appointment of Thomas Szlosek to its board, which could influence its strategic direction.
Spark’s Take on STX Stock
According to Spark, TipRanks’ AI Analyst, STX is a Outperform.
Seagate Tech’s overall stock score is driven by strong earnings call results and positive technical analysis, indicating a bullish outlook. Financial performance shows recovery but is hindered by leverage concerns. Valuation suggests the stock is moderately expensive. The company’s strategic advancements and positive guidance for fiscal 2026 contribute significantly to the score.
To see Spark’s full report on STX stock, click here.
More about Seagate Tech
YTD Price Performance: 126.68%
Average Trading Volume: 3,669,798
Technical Sentiment Signal: Buy
Current Market Cap: $41.06B