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STX

Why Are People Buying STX Shares?

After this evening's 6.6% surge to $834.01 per share, Seagate Technology might just keep moving past its target price of $794.95. With an average analyst rating of buy, and target prices from $545.0 to $1000.0, the stock's next move is anyone's guess.

Seagate Technology's short interest — meaning the percentage of the share float that is being shorted — is lower than average at 4.3%. The stock's short ratio is 2.16. The company's insiders own 0.27% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.

Another number to watch is the company's rate of institutional share ownership, which now stands at 92.3%. In conclusion, we believe there is mixed market sentiment regarding Seagate Technology.

Institutions Invested in Seagate Technology

Date Reported Holder Percentage Shares Value
2025-12-31 Sanders Capital, LLC 8% 17,180,892 $14,329,035,904
2025-12-31 Blackrock Inc. 7% 16,116,926 $13,441,677,610
2026-03-31 Vanguard Capital Management LLC 6% 14,155,673 $11,805,972,976
2026-03-31 Vanguard Portfolio Management LLC 5% 11,094,908 $9,253,264,329
2025-12-31 State Street Corporation 4% 9,370,805 $7,815,345,169
2025-12-31 JPMORGAN CHASE & CO 3% 6,997,975 $5,836,381,198
2025-12-31 Dz Bank Ag Deutsche Zentral Genossenschafts Bank, Frankfurt Am Main 2% 5,416,242 $4,517,200,043
2025-12-31 Morgan Stanley 2% 5,317,516 $4,434,861,571
2025-12-31 Geode Capital Management, LLC 2% 4,896,815 $4,083,992,725
2025-12-31 Capital Research Global Investors 2% 4,511,989 $3,763,043,989
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.

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