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Choreo LLC raised its holdings in Seagate Technology Holdings PLC (NASDAQ: STX) by 41.5% during the undefined quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 10,857 shares of the data storage provider's stock after purchasing an additional 3,185 shares during
Seagate's earnings growth has accelerated amid strong demand for storage solutions in AI data centers. The company should benefit from further price improvements in hard disk drives, which will lead to a significant earnings jump.
Seagate Technology Holdings plc (STX) Presents at Bernstein Insights: What's next in tech? - 4th Annual Tech, Media, Telecom Forum Transcript
STX benefits from AI-driven HDD demand, margin expansion and rising estimates, outpacing NTAP on financial strength and momentum.
Seagate has transitioned from a cyclical PC stock to a structurally scarce asset, underpinned by AI-driven data center storage demand. STX's nearline capacity is fully committed through 2026, with multi-year contracts extending into 2027–2028, providing strong revenue visibility and pricing power. Technological advances like HAMR/Mozaic are driving higher-capacity drives, margin expansion, and a permanent shift in product mix and earnings growth.
Seagate has been re-rated in the last 6 months as an AI data center infrastructure bet in the HDD memory space. Perception changed, but revenue growth is still far from Micron and SanDisk, as HDD is seeing fewer price hikes than SSDs or DRAM/HBM chips. That said, STX delivered its highest free cash flow in eight years and guided above consensus, with 87% of exabyte shipments now data center-driven.
Counterpoint Mutual Funds LLC lifted its stake in shares of Seagate Technology Holdings PLC (NASDAQ: STX) by 309.3% during the undefined quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 12,295 shares of the data storage provider's stock after acquiring an
Equitable Trust Co. acquired a new position in Seagate Technology Holdings PLC (NASDAQ: STX) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 12,844 shares of the data storage provider's stock, valued at approximately $3,032,000. Several other hedge funds and other institutional
EDU, ALL, and STX it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 24, 2026.
Lansforsakringar Fondforvaltning AB publ raised its holdings in Seagate Technology Holdings PLC (NASDAQ: STX) by 6.6% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 68,647 shares of the data storage provider's stock after acquiring an additional 4,227 shares during the
Apple (AAPL) is getting a rare vote of confidence at a time when the broader hardware space is running into a wall of rising memory costs. According to Evercore
EDU, AROC and STX made it to the Zacks Rank #1 (Strong Buy) growth stocks list on February 20th, 2026.
SINGAPORE--(BUSINESS WIRE)--Seagate Technology Holdings plc (NASDAQ: STX) (“Seagate” or “Company”) and Seagate HDD Cayman, a subsidiary of Seagate (“Seagate HDD”), today announced that on February 19, 2026, the Company closed the previously announced privately negotiated exchanges (the “exchanges”) of $600 million principal amount of Seagate HDD's 3.50% Exchangeable Senior Notes due 2028 (the “notes”) for aggregate consideration consisting of approximately $599.2 million in cash and approximate.
PNC Financial Services Group Inc. raised its holdings in shares of Seagate Technology Holdings PLC (NASDAQ: STX) by 13.8% in the undefined quarter, according to its most recent 13F filing with the SEC. The fund owned 58,179 shares of the data storage provider's stock after acquiring an additional 7,050 shares during the period.
STX ramps HAMR drives as AI-fueled data demand surges, shipping 1.5M+ units and locking in cloud deals through 2027.
Fifth Third Bancorp trimmed its holdings in Seagate Technology Holdings PLC (NASDAQ: STX) by 24.0% in the undefined quarter, according to its most recent filing with the SEC. The institutional investor owned 30,580 shares of the data storage provider's stock after selling 9,682 shares during the quarter. Fifth Third Bancorp's holdings in Seagate
STX posts record Q2 revenues of $2.83B as data center demand surges, HAMR ramps and nearline capacity stays fully booked into 2026.
This is the heart of what we've been calling "SaaSmaggedon" - the slow-motion collapse of the traditional seat-based SaaS model under the weight of AI agents, automation, and autonomous workflows.
STX surges 31% in a month as AI-driven storage demand, record margins and HAMR ramp fuel revenue growth through 2026.
Balboa Wealth Partners bought a new stake in Seagate Technology Holdings PLC (NASDAQ: STX) during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,568 shares of the data storage provider's stock, valued at approximately $370,000. Several other large investors also recently modified