STX

Seagate Technology Holdings PLC

October 2, 2026 · pre-market

Rarity
1.93
Peak move
−15.40%
Float cap
$213.8B

Seagate designs and manufactures hard disk drives, storage systems, and related mass-capacity data storage solutions. It serves two principal markets: data center customers such as hyperscale cloud service providers, original equipment manufacturers, distributors, and enterprises, and Edge IoT customers in industrial, commercial, and consumer environments. Its products support cloud computing, AI-enabled workloads, backup, archive, video, network-attached storage, personal computing, and gaming.

Where do you see this going?

no votes yet

Voting closed at 4:00 PM ET.

What we found

5 events · 0 from SEC or newswire · 0 timed with the move
  • peer_disclosure

    Toshiba plans to invest about ¥60 billion ($380-400 million) to double its AI data-center HDD production capacity by fiscal 2027 by expanding its Philippine plant, its first major HDD investment in about five years, targeting a capacity share rise from just over 10% to 30%.

  • institutional_flow

    CACTI Asset Management LLC disclosed a new position in Seagate Technology of 271,626 shares valued at $248.1 million in a filing announced on 2026-10-01.

  • analyst_rating

    Zacks Research downgraded Seagate Technology (NASDAQ: STX) from "strong buy" to "hold" in a research report issued Monday, September 28, 2026, with the broader analyst consensus at "Moderate Buy" and an average price target of $986.

  • insider_sale

    Seagate Technology insiders sold 436,959 shares worth approximately $351.2 million over the three months through late September 2026, including a September 15 sale by EVP Ban Teh of 52,730 shares at an average $782.08 for about $41.2 million.

  • product_launch

    Seagate announced three new consumer storage products: the Expansion desktop (3.5-inch, up to 30TB), the Expansion portable (up to 4TB, 2.5-inch) and the One Touch portable (up to 4TB, with search, data-recovery support and automatic backup).