Seagate Tech Director Geldmacher Jay L sells 2500 shares at $150.5/share on 2025-08-06.

Seagate Technology Holdings plc has recently announced that Director Jay L Geldmacher has sold 2,500 shares of the company at a price of $150.5 per share on August 6, 2025.

Seagate Technology Holdings plc (STX) has recently seen a significant transaction involving one of its directors. On August 6, 2025, Director Jay L. Geldmacher sold 2,500 shares of the company at a price of $150.50 per share, according to a Form 4 filing submitted to the Securities and Exchange Commission (SEC) [2].

The sale, which was executed at a price of $150.50 per share, resulted in a total cash value of approximately $376,000. Following the transaction, Director Geldmacher's direct ownership of Seagate Technology Holdings plc shares decreased to 352 shares. No derivative transactions were disclosed, and the filing does not reference a Rule 10b5-1 plan. This transaction represents a substantial reduction in the director's personal stake, though it remains modest relative to Seagate's overall float.

The sale comes at a time when Seagate Technology Holdings plc has been experiencing significant institutional investment activity. In the first quarter, Arkadios Wealth Advisors invested approximately $1.14 million in the company by purchasing 13,393 shares [1]. Additionally, several other institutional investors have added to their stakes in Seagate Technology Holdings plc, including Capital Research Global Investors, Marshall Wace LLP, Junto Capital Management LP, Janus Henderson Group PLC, and Wedge Capital Management LLP.

Seagate Technology Holdings plc's recent earnings report for the quarter ending July 29, 2025, showed earnings per share (EPS) of $2.59, surpassing analysts' consensus estimates of $2.45. The company also announced a quarterly dividend of $0.72 per share, with an annualized yield of 1.9%, and a stock repurchase plan to buy back up to $5.00 billion of its shares.

The stock has been performing well, trading down $2.20 on Friday, July 29, 2025, hitting $154.81. The company had a trading volume of 3,827,283 shares, compared to its average volume of 4,361,865. Seagate Technology Holdings plc has a 12-month low of $63.19 and a 12-month high of $157.45. The stock has a market capitalization of $32.85 billion, a price-to-earnings ratio of 22.87, a P/E/G ratio of 0.98, and a beta of 1.50. The stock has a fifty-day moving average price of $138.28 and a 200-day moving average price of $107.87.

Analysts have been generally positive about Seagate Technology Holdings plc, with several brokerages boosting their price objectives and ratings. For example, Benchmark raised their price objective to $165.00 with a "buy" rating, while Robert W. Baird increased their target price to $188.00 with an "outperform" rating [1].

In summary, the sale of 2,500 shares by Director Jay L. Geldmacher is a notable transaction for Seagate Technology Holdings plc. The sale comes amidst significant institutional investment activity and positive analyst ratings, indicating investor confidence in the company's future prospects.

References:
[1] https://www.marketbeat.com/instant-alerts/filing-arkadios-wealth-advisors-invests-114-million-in-seagate-technology-holdings-plc-nasdaqstx-2025-08-02/
[2] https://www.stocktitan.net/sec-filings/TMCI/8-k-treace-medical-concepts-inc-reports-material-event-66da5adc03bd.html