Should You Sell Seagate Technology. Based On Current Broker Views?

Guggenheim began coverage on Seagate Technology PLC in a report on Wednesday, January 4th.

Delineated as the total market value of all outstanding shares of the company, the current market cap for the Seagate Technology plc is valued at 14080.72. Its 52-week High Value is $49.79 while its 52-week Low value is $18.42. The share price has moved forward from its 20 days moving average 2.53% and positively from its 50 days moving average 7.66%.

ARRIS International plc (NASDAQ:ARRS) [Trend Analysis] shows fluctuation in active trade, on Friday shares slightly up 0.44% to $25.07. The firm earned $2.89 billion during the quarter, compared to analysts' expectations of $2.82 billion. The company's revenue for the quarter was down 3.1% compared to the same quarter a year ago.

01/25/2017 - Seagate Technology. had its "buy" rating reiterated by analysts at Jefferies.

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, April 5th. Shareholders of record on Wednesday, March 22nd will be given a dividend of $0.63 per share. The ex-dividend date is Monday, March 20th. This represents a $2.52 dividend on an annualized basis and a dividend yield of 5.30%. Seagate Technology PLC is headquartered in Dublin, Ireland.

01/25/2017 - Seagate Technology. had its "sell" rating reiterated by analysts at UBS.

Its last month's stock price volatility remained 1.53% which for the week stands at 1.65%. Following the transaction, the chief operating officer now owns 191,546 shares of the company's stock, valued at approximately $9,056,294.88. The transaction was disclosed in a document filed with the SEC, which is available at this link. They now have a United States dollars 145 price target on the stock. Following the completion of the transaction, the chief financial officer now directly owns 18,300 shares of the company's stock, valued at $866,322. The disclosure for this sale can be found here.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. "Based on this investigation into the company's performance the analyst decides whether their stock is a "buy", sell" or hold.

01/25/2017 - Seagate Technology. had its "hold" rating reiterated by analysts at Deutsche Bank.

Seagate Technology PLC Last issued its quarterly earnings results on Jan 24, 2017. Invictus RG now owns 9,739 shares of the data storage provider's stock valued at $237,000 after buying an additional 8,470 shares in the last quarter. Sawtooth Asset Management Inc. raised its stake in Seagate Technology PLC by 62.2% in the second quarter. Seven Bridges Advisors LLC acquired a new stake in shares of Seagate Technology PLC during the third quarter worth about $107,000. Los Angeles Capital Management & Equity Research Inc. now owns 872,057 shares of the data storage provider's stock valued at $33,618,000 after buying an additional 588,533 shares during the period. Ropes Wealth Advisors LLC increased its stake in shares of Seagate Technology PLC by 448.6% in the third quarter. Conning Inc. now owns 91,490 shares of the data storage provider's stock valued at $3,527,000 after buying an additional 490 shares during the period. Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share.

Several equities research analysts have weighed in on the company. Susquehanna Bancshares Inc reissued a neutral rating on shares of Seagate Technology PLC in a report on Saturday, January 28th.

Seagate Technology PLC (NASDAQ:STX) has received a short term rating of strong buy from experts at Zacks with a rank of 1. The original version of this story can be viewed at https://baseballnewssource.com/markets/comerica-bank-has-2173000-stake-in-seagate-technology-plc-stx/503340.html. They issued a "neutral" rating for the company.

Over the past 50 days, Seagate Technology plc stock was -7.11% off of the high and 30.14% removed from the low.

Seagate Technology PLC stock performance trend indicates that the stock price has rallied 20.92% in the past 12 Weeks, but analyzing the 6 month charts for the stock, the price continues to stay positive and keep the rally at 29.68%.

The latest broker reports which have been released state 5 analysts have a rating of "buy", 2 analysts "outperform", 23 analysts "hold", 1 analysts "underperform" and 1 analysts "sell".

Recommended News

  • Arkansas acquires new batch of drug needed for executions

    Arkansas acquires new batch of drug needed for executions

    Graves declined to release the source of the drug, citing secrecy provisions in the 2015 law establishing the three-drug protocol. Supreme Court said it wouldn't review Arkansas' lethal injection law, which paved the way for the executions to resume.
    2011-2014 BMW X5, X6: Recall Alert

    2011-2014 BMW X5, X6: Recall Alert

    BMW will notify owners of the affected vehicles beginning in April, and dealers will replace the front driveshaft free of charge. The company says in government documents that it has no reports of crashes or injuries.

    Pirates of the Caribbean: Dead Men Tell No Tales International Trailer

    Regular cast members like Geoffrey Rush, Orlando Bloom and Kevin McNally will also be returning for the film. Meanwhile, Paul McCartney is to appear in Pirates Of The Caribbean: Salazar's Revenge, according to reports.
  • 'Better Call Saul' season 3 updates: Gus Fring spotted in new trailer

    'Better Call Saul' season 3 updates: Gus Fring spotted in new trailer

    Previously, Esposito had declared his reluctance to join the series, not wanting to tarnish the genius of Breaking Bad. Better Call Saul season three is set to premiere in the USA on April 10.

    Green dye pumped into Chicago River for St. Paddy's Day

    Plumbers use an orange dye to detect leaks in building foundations and to root out illegal sewage discharges into the river. The day itself does not fall until Friday, and Chicago was one of a few cities to kick things off early.
    Better Call Saul Season 3 Promo Features Gus Fring

    Better Call Saul Season 3 Promo Features Gus Fring

    Chuck's effort to prevent Jimmy from practicing law will test the inexperienced McGill as well as his romance with Kim Wexler. AMC has released a quick 30-seconds trailer with a few new stills from the new season, Entertainment Weekly writes.
  • Arroyo Seco: Tom Petty, Mumford & Sons, Weezer to headline Pasadena music festival

    Arroyo Seco: Tom Petty, Mumford & Sons, Weezer to headline Pasadena music festival

    They range from $125 for a single day general admission pass to $399 for an all weekend VIP pass. Tickets and passes for Arroyo Seco Weekend go on sale March 20th at 11 a.m.
    Release Date CONFIRMED In April 2017; Specs, Features & More

    Release Date CONFIRMED In April 2017; Specs, Features & More

    It's also rumored to come with the new Apple operating system, the iOS 10, and be powered by the A9 and M9 motion co-processor. The 12.9-inch iPad Pro isn't available for purchase immediately but the product page shows a shipping time of about 2-3 weeks.

    OJ Simpson 'could enter Celebrity Big Brother' after release from prison

    Reality TV producers are said to be desperate to sign up the fallen idol once he gets out as it would make "box office telly". However he is now serving a 33 year prison sentence for an armed robbery in Las Vegas back in 2007.
  • Are Nick And Vanessa Still Together, Engaged After The Bachelor Finale?

    Are Nick And Vanessa Still Together, Engaged After The Bachelor Finale?

    Additionally, Rachel Lindsay makes a special appearance right before she begins her own journey to find love. The EntertainThis! team talks Season 21 of "The Bachelor" as Nick nears the end of his quest for love.

    "Avatar 2" delayed again

    The 62-year-old admits completing filming for the whole project will take quite some time, but he can not wait to get started. This is my day job and pretty soon we'll be 24-7.
    Spring forward: 2017 daylight saving time begins on Sunday

    Spring forward: 2017 daylight saving time begins on Sunday

    The bill also amended the Uniform Time Act on 1966 that changed the start and end dates of daylight savings time starting in 2007. State governments and other groups have made efforts to have the practice overturned via legislation or online petitions .

We are pleased to provide this opportunity to share information, experiences and observations about what's in the news.
Some of the comments may be reprinted elsewhere in the site or in the newspaper.
Thank you for taking the time to offer your thoughts.