Seagate Technology (STX) CEO William Mosley Sells 3,319 Shares

William Mosley, the CEO of Seagate Technology Holdings plc, sold 3,319 shares of the company on June 11, 2026. The transaction was not part of a pre-planned trading program. Shares of Seagate were trading near $995.81 at the time.

Insider Buying and Selling at Seagate Technology Holdings plc

On June 11, 2026, William Mosley, Seagate's CEO, sold 3,319 shares. This transaction was executed at an average price of $0.00, as it was a stock option exercise. Other insiders, including EVP & Chief Commercial Officer Teh Ban Seng and EVP & CTO John Christopher Morris, also engaged in transactions around this time.

Other Institutional Activity in Seagate Technology

Among Seagate's institutional investors, BlackRock, Inc. reduced its holdings by 1,842,843 shares, ending with 14,274,083 shares valued at approximately $5.59 billion. Vanguard Capital Management LLC acquired 14,155,673 shares, bringing its total to the same amount, valued at about $5.55 billion. Sanders Capital, LLC trimmed its stake by 4,283,691 shares to 12,897,201 shares, worth roughly $5.05 billion.

Seagate Technology Holdings plc Stock Up 44.2%

Seagate Technology, traded on NasdaqGS under the ticker STX, has a market cap of $210.6 billion. The company posts a P/E ratio of 88.5 and a forward P/E of 34.6, reflecting its earnings expectations. The stock's beta is 2.083, indicating higher volatility compared to the market. Over the past 52 weeks, the stock has ranged from $127.61 to $966.80, with a 50-day moving average of $714.01 and a 200-day moving average of $404.30.

Analysts Set New Price Targets

On June 15, 2026, Morgan Stanley maintained its 'buy' rating for Seagate Technology with a price target of $1,035. Similarly, JP Morgan reaffirmed its 'buy' rating on June 12, 2026, setting a target price of $920. Overall, analysts have a consensus 'buy' recommendation, with a mean target price of $885.91 based on 22 opinions.

About Seagate Technology

Seagate Technology Holdings plc is a leader in data storage solutions, providing technology and infrastructure for data storage across the globe. Based in Singapore, the company offers a range of products including hard disk drives and solid state drives for enterprise and consumer markets. Seagate's offerings also include external storage solutions under various brand names. With a workforce of 30,000 employees, the company serves original equipment manufacturers, distributors, and retailers worldwide.

Bottom Line

William Mosley's recent share sale at Seagate Technology is part of ongoing insider activity at the company. Investors often monitor such transactions for insights into executive sentiment. Despite the insider sales, Seagate continues to attract positive analyst attention, with several maintaining 'buy' ratings. As always, it's important to remember that these filings are backward-looking and may not reflect the current situation.