Economy

Seagate Technology PLC (NASDAQ:STX) Insider Buys 5000 Shares of Stock

The stock declined 0.30% or $0.06 reaching $19.63 per share. About shares traded. Tripadvisor Inc (NASDAQ:TRIP) has declined 30.31% since November 9, 2016 and is downtrending. It has underperformed by 39.93% the S&P500.

Jeffrey Ubben increased its stake in Seagate Technology Plc (STX) by 44.83% based on its latest 2017Q2 regulatory filing with the SEC.

More notable recent Seagate Technology PLC (NASDAQ:STX) news were published by: Realmoney.Thestreet.com which released: "Seagate Technology Could See Surprisingly Bullish Results" on November 06, 2017, also Wsj.com with their article: "Seagate Technology Sees Signs of a Turnaround" published on October 23, 2017, Nasdaq.com published: "Seagate Technology PLC Reports 7% Fall In Q1 Bottom Line" on October 23, 2017. MORTON DAVID H JR sold $131,510 worth of stock. Seagate Technology PLC had a net margin of 7.41% and a return on equity of 84.50%.

The counter witnessed a trading volume of 0.73 million shares versus an average volume of 1.05 million shares during last trading session.

About 1.06 million shares traded. It has outperformed by 90.46% the S&P500. One research analyst has rated the stock with a sell rating, nineteen have given a hold rating, six have assigned a buy rating and two have given a strong buy rating to the company. Therefore 25% are positive. TripAdvisor LLC had 73 analyst reports since July 21, 2015 according to SRatingsIntel. (NYSE:MMC) on Friday, January 27 to "Buy" rating. As per Friday, February 3, the company rating was maintained by Stifel Nicolaus. The firm earned "Neutral" rating on Friday, April 29 by M Partners. The rating was maintained by Citigroup on Thursday, July 13 with "Buy".

Before trading, trader, investor or shareholder must have an eye on stock's historical performance. The firm earned "Buy" rating on Monday, November 7 by Sandler O'Neill. Morgan Stanley downgraded the stock to "Equal-Weight" rating in Wednesday, June 22 report. The rating was downgraded by PiperJaffray to "Neutral" on Thursday, March 2. A company with higher PE ratio is more worthy against a company with lower PE ratio. TripAdvisor, the Company's brand, is a travel site.

Looking forward to the ratio analysis, the co has price to earnings ratio of 14.04, which is indicating if firm is fluctuating between 15 and 25 than it lies on average position; but sometimes if it's under this value some experts consider it as undervalue security. The Firm operates through two divisions: Hotel and Non-Hotel.

Investors sentiment decreased to 1.3 in Q2 2017. Its down 0.03, from 1.33 in 2017Q1. It increased, as 33 investors sold HBI shares while 178 reduced holdings. 0 funds opened positions while 4 raised stakes. 255.91 million shares or 1.00% more from 253.38 million shares in 2017Q1 were reported. Focused Wealth holds 8,129 shares or 0.23% of its portfolio. Macquarie Limited has invested 0% in Seagate Technology PLC (NASDAQ:STX). Adirondack Tru accumulated 0% or 70 shares. Ironwood Inv Counsel Limited Liability has 0.08% invested in Welltower Inc (NYSE:HCN) for 6,559 shares. Sumitomo Mitsui has 0.02% invested in Tripadvisor Inc (NASDAQ:TRIP). Benjamin F Edwards holds 0% of its portfolio in Tripadvisor Inc (NASDAQ:TRIP) for 40 shares. Oregon Public Employees Retirement Fund owns 0.01% invested in Tripadvisor Inc (NASDAQ:TRIP) for 11,930 shares. Mitsubishi Ufj Tru & reported 652,004 shares. 41,241 were reported by Apg Asset Management Nv. Westwood Holdings Grp Inc holds 1.15 million shares. (NYSE:HBI). Fjarde Ap invested 0.04% of its portfolio in Hanesbrands Inc.

Since May 12, 2017, it had 0 insider purchases, and 4 sales for $1.02 million activity. $319,350 worth of stock was sold by MASSARONI KENNETH M on Friday, May 12. $166,187 worth of stock was sold by PARK CHONG SUP on Tuesday, May 16. If RVOL is less than 1 it is not In Play on this trading day and Investors may decide not to trade it. Its down 0.03, from 1.33 in 2017Q1.

A number of large investors have recently modified their holdings of STX. Seagate Technology Plc had 119 analyst reports since August 4, 2015 according to SRatingsIntel. Exxonmobil Mngmt Tx invested 0.06% in Seagate Technology PLC (NASDAQ:STX). Whittier Trust Of Nevada holds 0.01% or 3,857 shares in its portfolio. Oppenheimer And reported 99,859 shares. Daiwa Securities Grp Inc Incorporated reported 0% stake. Bank of New York Mellon Corp now owns 2,896,118 shares of the data storage provider's stock valued at $96,064,000 after purchasing an additional 817,861 shares during the last quarter.

Seagate Technology plc has a consensus hold rating from 27 Wall Street analysts, and the number of shares now sold short amount to at least 14.67% of shares outstanding. Pinnacle Limited Liability owns 400 shares. The Switzerland-based Credit Suisse Ag has invested 0.02% in Seagate Technology PLC (NASDAQ:STX). Assetmark Inc. boosted its stake in shares of Seagate Technology PLC by 65.6% in the third quarter. Fincl Bank Of Nova Scotia has 67,460 shares for 0.01% of their portfolio. Zacks Investment Research upgraded Seagate Technology PLC from a strong sell rating to a hold rating in a research note on Tuesday, September 26th. Therefore 62% are positive. The firm has "Strong Buy" rating given on Thursday, October 8 by S&P Research.

A number of other research analysts also recently issued reports on STX. RBC Capital Markets maintained the stock with "Hold" rating in Tuesday, October 24 report. As per Monday, April 11, the company rating was initiated by Cowen & Co. The company now has an average rating of "Hold" and an average target price of $41.29.



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