Rep. Julie Johnson Sells Seagate Technology Holdings PLC (NASDAQ:STX) Shares

Representative Julie Johnson (D-Texas) recently sold shares of Seagate Technology Holdings PLC (NASDAQ:STX). In a filing disclosed on December 11th, the Representative disclosed that they had sold between $1,001 and $15,000 in Seagate Technology stock on November 13th. The trade occurred in the Representative’s “CHASE BROKERAGE ACCOUNT (3935)” account.

Representative Julie Johnson also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Charles Schwab (NYSE:SCHW) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Cigna Group (NYSE:CI) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Xcel Energy (NASDAQ:XEL) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Capital One Financial (NYSE:COF) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Wells Fargo & Company (NYSE:WFC) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of Texas Instruments (NASDAQ:TXN) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 11/13/2025.
• Sold $1,001 – $15,000 in shares of American Express (NYSE:AXP) on 11/13/2025.

Seagate Technology Price Performance

Shares of NASDAQ STX traded up $14.35 during mid-day trading on Thursday, hitting $292.00. 3,708,904 shares of the company’s stock traded hands, compared to its average volume of 3,074,093. Seagate Technology Holdings PLC has a 1 year low of $63.19 and a 1 year high of $308.93. The company’s 50-day moving average is $258.69 and its two-hundred day moving average is $198.65. The company has a market capitalization of $62.36 billion, a P/E ratio of 37.48, a PEG ratio of 1.09 and a beta of 1.59.

Seagate Technology Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 9th. Stockholders of record on Wednesday, December 24th will be issued a $0.74 dividend. This is a boost from Seagate Technology’s previous quarterly dividend of $0.72. The ex-dividend date is Wednesday, December 24th. This represents a $2.96 dividend on an annualized basis and a dividend yield of 1.0%. Seagate Technology’s payout ratio is presently 36.97%.

Institutional Trading of Seagate Technology

A number of large investors have recently made changes to their positions in the stock. Harbor Asset Planning Inc. purchased a new position in Seagate Technology during the 2nd quarter valued at about $27,000. Rakuten Securities Inc. lifted its position in shares of Seagate Technology by 884.2% in the 2nd quarter. Rakuten Securities Inc. now owns 187 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 168 shares during the period. MTM Investment Management LLC bought a new position in shares of Seagate Technology during the second quarter valued at approximately $29,000. First Horizon Corp bought a new position in shares of Seagate Technology during the third quarter valued at approximately $33,000. Finally, Raiffeisen Bank International AG purchased a new position in Seagate Technology during the third quarter valued at approximately $33,000. 92.87% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other news, CFO Gianluca Romano sold 54,021 shares of the business’s stock in a transaction on Wednesday, November 12th. The stock was sold at an average price of $285.16, for a total value of $15,404,628.36. Following the completion of the transaction, the chief financial officer directly owned 56,293 shares of the company’s stock, valued at approximately $16,052,511.88. The trade was a 48.97% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Stephanie Tilenius sold 2,046 shares of the company’s stock in a transaction on Monday, November 3rd. The stock was sold at an average price of $266.41, for a total value of $545,074.86. Following the sale, the director owned 12,244 shares of the company’s stock, valued at $3,261,924.04. This trade represents a 14.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 132,555 shares of company stock valued at $36,030,007 over the last ninety days. Company insiders own 0.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently commented on the company. Susquehanna lifted their target price on Seagate Technology from $80.00 to $150.00 and gave the stock a “negative” rating in a report on Wednesday, October 29th. Loop Capital increased their price target on Seagate Technology from $350.00 to $465.00 and gave the company a “buy” rating in a report on Monday, November 10th. Mizuho lifted their price objective on shares of Seagate Technology from $245.00 to $280.00 and gave the stock an “outperform” rating in a research note on Friday, October 17th. Weiss Ratings reiterated a “buy (b)” rating on shares of Seagate Technology in a research report on Monday. Finally, Evercore ISI increased their target price on shares of Seagate Technology from $160.00 to $330.00 and gave the company an “outperform” rating in a research note on Monday, October 13th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating, five have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Seagate Technology presently has an average rating of “Moderate Buy” and a consensus target price of $293.13.

About Representative Johnson

Julie Johnson (Democratic Party) is a member of the U.S. House, representing Texas’ 32nd Congressional District. She assumed office on January 3, 2025. Her current term ends on January 3, 2027.

Johnson (Democratic Party) ran for election to the U.S. House to represent Texas’ 32nd Congressional District. She won in the general election on November 5, 2024.

Julie Johnson earned a B.A. in history and government from the University of Texas at Austin in 1987 and a J.D. from the University of Houston Law Center in 1991. Johnson’s career experience includes working as an attorney.

About Seagate Technology

Seagate Technology Holdings plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. It provides mass capacity storage products, including enterprise nearline hard disk drives (HDDs), enterprise nearline solid state drives (SSDs), enterprise nearline systems, video and image HDDs, and network-attached storage drives.