Tucker Asset Management LLC Acquires Shares of 820 Seagate Technology Holdings PLC $STX

Posted by Stanley Muller on Sep 7th, 2026

Tucker Asset Management LLC acquired a new stake in Seagate Technology Holdings PLC (NASDAQ:STX – Free Report) in the second quarter, Holdings Channel.com reports. The firm acquired 820 shares of the data storage provider’s stock, valued at approximately $791,000.

Several other large investors have also made changes to their positions in the business. Advus Financial Partners LLC grew its stake in Seagate Technology by 21.1% in the 2nd quarter. Advus Financial Partners LLC now owns 2,059 shares of the data storage provider’s stock valued at $1,987,000 after acquiring an additional 359 shares during the period. Groupe la Francaise lifted its holdings in Seagate Technology by 18,576.9% during the second quarter. Groupe la Francaise now owns 4,856 shares of the data storage provider’s stock valued at $4,671,000 after purchasing an additional 4,830 shares in the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in shares of Seagate Technology during the 2nd quarter worth about $117,903,000. Financial Insights Inc. acquired a new position in shares of Seagate Technology during the 2nd quarter worth about $706,000. Finally, California State Teachers Retirement System lifted its stake in Seagate Technology by 102,975.8% in the 2nd quarter. California State Teachers Retirement System now owns 316,744,845 shares of the data storage provider’s stock valued at $305,658,775,000 after buying an additional 316,437,552 shares in the last quarter. 92.87% of the stock is owned by institutional investors and hedge funds.

Seagate Technology Stock Performance

Shares of STX opened at $849.28 on Monday. Seagate Technology Holdings PLC has a 12-month low of $183.02 and a 12-month high of $1,145.00. The firm has a market capitalization of $192.49 billion, a P/E ratio of 61.19 and a beta of 2.06. The firm has a 50-day moving average price of $851.92 and a 200 day moving average price of $711.74. The company has a current ratio of 1.67, a quick ratio of 1.17 and a debt-to-equity ratio of 1.56.

Seagate Technology (NASDAQ:STX – Get Free Report) last issued its earnings results on Tuesday, July 28th. The data storage provider reported $5.71 EPS for the quarter, topping analysts’ consensus estimates of $5.10 by $0.61. The company had revenue of $3.63 billion for the quarter, compared to the consensus estimate of $3.50 billion. Seagate Technology had a net margin of 26.11% and a return on equity of 369.98%. Seagate Technology’s quarterly revenue was up 48.5% compared to the same quarter last year. During the same period in the previous year, the firm earned $2.59 earnings per share. Seagate Technology has set its Q1 2027 guidance at 7.100-7.500 EPS. Sell-side analysts forecast that Seagate Technology Holdings PLC will post 35.7 EPS for the current year.

Seagate Technology Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 7th. Investors of record on Thursday, September 24th will be issued a $0.74 dividend. The ex-dividend date is Thursday, September 24th. This represents a $2.96 dividend on an annualized basis and a yield of 0.3%. Seagate Technology’s dividend payout ratio is currently 21.33%.

Analyst Upgrades and Downgrades

STX has been the subject of several research reports. Loop Capital boosted their price target on Seagate Technology from $950.00 to $1,140.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. JPMorgan Chase & Co. raised their price objective on Seagate Technology from $1,095.00 to $1,240.00 and gave the company an “overweight” rating in a report on Wednesday, July 29th. Wall Street Zen lowered shares of Seagate Technology from a “strong-buy” rating to a “buy” rating in a report on Sunday. Morgan Stanley increased their target price on shares of Seagate Technology from $1,035.00 to $1,187.00 and gave the company an “overweight” rating in a research report on Wednesday, July 29th. Finally, Wedbush raised their price target on shares of Seagate Technology from $825.00 to $1,000.00 and gave the stock an “outperform” rating in a research note on Wednesday, July 29th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $986.00.

View Our Latest Stock Analysis on STX

Key Headlines Impacting Seagate Technology

Here are the key news stories impacting Seagate Technology this week:

Positive Sentiment: A rally that began in NAND memory broadened across the storage complex, with Seagate benefiting alongside SK Hynix and other memory-linked companies. The strength suggests investors are increasing exposure to companies positioned to supply AI data centers and expanding storage capacity. SK Hynix Surges 7% as Memory Bid Widens Beyond NAND; Seagate Rallies 5%
Positive Sentiment: The broader AI trade remained a leading market theme, supporting semiconductor and storage shares. Seagate’s recent results reinforce the bullish case: quarterly revenue rose 48.5% year over year to $3.63 billion, while EPS of $5.71 exceeded estimates and management guided to $7.10–$7.50 in fiscal first-quarter 2027 EPS. Memory, Other AI-Related Stocks Lead the Market’s Top Performers Friday
Neutral Sentiment: Director Yolanda Lee Conyers sold 750 shares for approximately $611,000, but the transaction was executed under a pre-arranged Rule 10b5-1 plan. The sale is therefore a limited signal of changing insider sentiment.
Negative Sentiment: CEO William Mosley separately sold 30,000 shares valued at approximately $24.5 million under a 10b5-1 plan. Although he retained a substantial stake, the sizable insider sale may weigh modestly on sentiment, particularly after STX’s strong run and elevated valuation.

Insiders Place Their Bets

In related news, CEO William D. Mosley sold 30,000 shares of the stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $816.28, for a total value of $24,488,400.00. Following the completion of the transaction, the chief executive officer directly owned 295,168 shares in the company, valued at approximately $240,939,735.04. This represents a 9.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP James Lee sold 9,013 shares of the firm’s stock in a transaction on Monday, August 24th. The stock was sold at an average price of $794.84, for a total value of $7,163,892.92. Following the sale, the executive vice president directly owned 347 shares of the company’s stock, valued at approximately $275,809.48. This trade represents a 96.29% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 191,765 shares of company stock valued at $161,865,249. Insiders own 0.79% of the company’s stock.

Seagate Technology Profile

(Free Report)

Seagate Technology (NASDAQ: STX) is a global data storage company that designs, manufactures and sells a broad range of storage products and systems. The firm’s product portfolio includes traditional hard disk drives (HDDs), solid-state drives (SSDs), hybrid storage devices and integrated storage systems aimed at enterprise, cloud, OEM and consumer markets. Seagate also provides services that support its hardware offerings, including data recovery and storage management solutions.

Seagate’s products are used in a wide array of applications, from large-scale data centers and cloud infrastructure to desktop and portable consumer devices.