Seagate Technology Slumps to 159th in Trading Volume with $489 Million in Shares Traded

On June 23, 2025, Seagate Technology Holdings (STX) experienced a significant decline in trading volume, with a total of $489 million in shares traded, marking a 37.64% decrease from the previous day. This placed Seagate at the 159th position in terms of trading volume for the day.

Seagate Technology Holdings PLC recently announced an ex-dividend reminder, with the dividend amounting to approximately 0.55% of the company's recent stock price of $130.96. This dividend is expected to impact the stock's performance in the near future.

Loop Capital Markets has maintained a "Buy" rating on Seagate Technology, setting a price target of $200. This positive outlook from the investment firm could influence investor sentiment and potentially drive the stock price higher.

Seagate Technology Holdings PLC's Executive Vice President, Ban Seng Teh, sold 3,594 shares of the company's stock in a transaction on June 9th. This insider trading activity may raise questions about the company's future prospects and could affect investor confidence.

Over the past five years, Seagate Technology Holdings has outperformed the market by 8.29% on an annualized basis, delivering an average annual return of 23.16%. This strong performance could attract long-term investors looking for stable growth opportunities.

Seagate currently holds a Zacks Rank of #3, with its Most Accurate Estimate coming in at $2.59 per share, 29 days away from its upcoming earnings release. This positive earnings momentum could drive the stock price higher in the lead-up to the earnings announcement.