The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Seagate Technology Holdings Plc shares valued at $1,733,019 were sold by MOSLEY WILLIAM D on Jan 02 ’25. At $86.65 per share, MOSLEY WILLIAM D sold 20,000 shares. The insider’s holdings dropped to 605,530 shares worth approximately $60.18 million following the completion of this transaction.
Also, WILLIAM D. MOSLEY purchased 60,000 shares, netting a total of over 5,178,600 in proceeds.
Before that, Morris John Christopher had sold 141 shares from its account. In a trade valued at $13,883, the SVP & CTO traded Seagate Technology Holdings Plc shares for $98.46 each. Upon closing the transaction, the insider’s holdings decreased to 141 shares, worth approximately $0.77 million.
As published in a research note from The Benchmark Company on January 22, 2025, Seagate Technology Holdings Plc [STX] has been rated up from a Hold to a Buy and the price target has been revised to $120. Analysts at Summit Insights upgraded the stock from ‘”a Hold”‘ to ‘”a Buy”‘ outlook in a report released in late January. As of January 21, 2025, Morgan Stanley has reiterated its “an Overweight” rating for STX. Earlier on July 24, 2024, TD Cowen resumed its rating. Their recommendation was “a Buy” for STX stock.
Analyzing STX Stock Performance
During the last five days, there has been a drop of approximately -8.13%. Over the course of the year, Seagate Technology Holdings Plc shares have jumped approximately 15.14%. Shares of the company reached a 52-week high of $111.90 on 01/22/25 and a 52-week low of $85.79 on 01/02/25. A 50-day SMA is recorded $95.72, while a 200-day SMA reached $98.94. Nevertheless, trading volume fell to 2.53 million shares from 3.46 million shares the previous day.
Support And Resistance Levels for Seagate Technology Holdings Plc (STX)
According to the 24-hour chart, there is a support level at 98.30, which, if violated, would cause prices to drop to 97.23. In the upper region, resistance lies at 101.24. The next price resistance is at 103.11. RSI (Relative Strength Index) is 54.89 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 2.90, which suggests the price will increase in the coming days. Percent R is at 49.57%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
