Seagate Technology stock is trading -10.62% below its average target price of $67.22 after dropping -4.4% during today's morning session. Analysts are giving the large-cap Electronics & Computer Distribution company an average rating of buy and target prices ranging from $35.0 to $82.0 per share.
Seagate Technology has an average level of shares sold short, at 7.0% of its total share float. The stock's short ratio (also called days to cover) is 4.86. The company's insiders own 0.56% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 88.8% of Seagate Technology's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Seagate Technology
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2022-12-31 | Vanguard Group, Inc. (The) | 11% | 23,292,557 | $1,399,416,867 |
| 2022-12-31 | JP Morgan Chase & Company | 7% | 14,381,848 | $864,061,454 |
| 2022-12-31 | ValueAct Holdings, L.P. | 7% | 13,437,070 | $807,299,190 |
| 2022-12-31 | Blackrock Inc. | 6% | 12,958,000 | $778,516,663 |
| 2022-12-31 | Sanders Capital, LLC | 5% | 10,925,729 | $656,417,818 |
| 2022-12-31 | FMR, LLC | 5% | 9,455,387 | $568,079,668 |
| 2022-12-31 | State Street Corporation | 4% | 8,540,840 | $513,133,682 |
| 2022-12-31 | Viking Global Investors, L.P. | 3% | 6,198,933 | $372,431,905 |
| 2022-12-31 | ClearBridge Investments, LLC | 3% | 5,687,326 | $341,694,556 |
| 2022-12-31 | Lsv Asset Management | 2% | 4,272,039 | $256,664,110 |
