Kovack Advisors Inc. Invests $225,000 in Stock Holdings of Seagate Technology Holdings plc (NASDAQ:STX)

Kovack Advisors Inc. has decreased its holdings in Seagate Technology Holdings plc by 20.8% during the 1st quarter, selling 636 shares and leaving them with 2,419 shares worth $225,000. Other institutional investors have also made moves with the company, with Capital Research Global Investors, Norges Bank, Wells Fargo & Company MN, Mizuho Markets Americas LLC, and Sanders Capital LLC all increasing their holdings. Analysts have given mixed ratings to Seagate Technology, with two sell ratings, eight hold ratings, and ten buy ratings. Seagate Technology’s stock has been trading positively, opening at $102.04 and reporting an increase of 0.7%. The company recently declared a quarterly dividend and also recently announced insider transactions. Seagate Technology reported earnings per share of $0.33 for the last quarter, higher than analysts’ estimates. The company’s revenue for the quarter was slightly lower compared to the same quarter the previous year. Seagate Technology Holdings plc is expected to post 0.44 EPS for the current fiscal year. Seagate Technology Holdings plc is a data storage technology company that provides mass capacity storage products for various uses, including enterprise HDDs, SSDs, and network-attached storage drives.

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