Mexicools
2022-11-20

$Seagate Technology PLC(STX)$  

Insider notifies of intention to sell stock

Jeffrey Fochtman intends to sell 14k shares in the next 90 days after lodging an Intent To Sell Form on the 10th of November. If the sale is conducted around the recent share price of US$53.40, it would amount to US$748k.

◈Since June 2022, Jeffrey's direct individual holding has increased from 7.20k shares to 14.74k.

◈Company insiders have collectively sold US$11m more than they bought, via options and on-market transactions in the last 12 months.

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Comments

  • wigglyz
    2022-11-20
    wigglyz
    The stock has come up to test resistance at $57.74 three times since the start of September rejecting each time
  • pixiezz
    2022-11-20
    pixiezz
    STX will likely post negative earnings for Q2. Paying another 70 cent dividend might be of real concern
  • frosti
    2022-11-20
    frosti
    sorry to say, but there is still plenty of room on the downside before STX gets to a fair value.
  • jgaldon
    2022-11-20
    jgaldon
    thanks MexiCools
  • lowmy
    2022-11-20
    lowmy
    Good sharing
  • 財運到財源滾滾到
    2023-03-15
    財運到財源滾滾到
    Thanks
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