Seagate CEO's Insider Sale Raises Valuation and AI Expectations Concerns

Seagate Technology Holdings CEO executed a significant share sale after reporting strong operational performance and quarterly results, sparking questions about the company's valuation and expectations for AI-driven demand for high-capacity storage drives. The transaction comes as investors watch for clues about management sentiment towards the stock, which has gained 22.7% over the past 30 days and 41.0% year-to-date. The sale may signal caution regarding the current valuation and growth expectations.