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STX (Seagate Technology Holdings Plc) may reap gains as insiders became active recently

In a filing, Seagate Technology Holdings Plc revealed its Chief Executive Officer MOSLEY WILLIAM D unloaded Company’s shares for reported $1.69 million on Apr 01 ’25. In the deal valued at $84.56 per share,20,000 shares were sold. As a result of this transaction, MOSLEY WILLIAM D now holds 555,677 shares worth roughly $37.08 million.

Then, WILLIAM D. MOSLEY bought 20,000 shares, generating $1,699,000 in total proceeds.

Before that, MOSLEY WILLIAM D sold 20,000 shares. Seagate Technology Holdings Plc shares valued at $2,031,474 were divested by the Chief Executive Officer at a price of $101.57 per share. As a result of the transaction, MOSLEY WILLIAM D now holds 572,644 shares, worth roughly $38.21 million.

The Benchmark Company upgraded its Seagate Technology Holdings Plc [STX] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Summit Insights’s analysts, who increased its forecast for the stock in late January from “a Hold” to “a Buy”. Morgan Stanley also remained covering STX and reiterated its “an Overweight” recommendation on January 21, 2025. TD Cowen maintained its rating on July 24, 2024. It rated STX as “a Buy”.

Price Performance Review of STX

On Friday, Seagate Technology Holdings Plc [NASDAQ:STX] saw its stock fall -6.71% to $66.73. Over the last five days, the stock has lost -21.42%. Seagate Technology Holdings Plc shares have fallen nearly -22.69% since the year began. Nevertheless, the stocks have fallen -27.17% over the past one year. While a 52-week high of $115.32 was reached on 01/22/25, a 52-week low of $71.28 was recorded on 04/04/25. SMA at 50 days reached $93.23, while 200 days put it at $98.97.

Levels Of Support And Resistance For STX Stock

The 24-hour chart illustrates a support level at 64.23, which if violated will result in even more drops to 61.72. On the upside, there is a resistance level at 68.96. A further resistance level may holdings at 71.18. The Relative Strength Index (RSI) on the 14-day chart is 15.47, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -10.00, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.56%. Stochastics %K at 14.68% indicates the stock is a buying.

How much short interest is there in Seagate Technology Holdings Plc?

A steep rise in short interest was recorded in Seagate Technology Holdings Plc stocks on 2025-03-14, growing by 2.7 million shares to a total of 18.78 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 16.08 million shares. There was a rise of 14.39%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on June 05, 2024 when BofA Securities resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $110.

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