Seagate Technology Holdings plc (STX)


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April 23, 2024


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About the Company

Seagate Technology Holdings plc is an American data storage company. It was incorporated in 1978 as Shugart Technology and commenced business in 1979. Since 2010, the company has been incorporated in Dublin, Ireland, with operational headquarters in Fremont, California, United States. Seagate developed the first 5.25-inch hard disk drive (HDD), the 5-megabyte ST-506, in 1980. They were a major supplier in the microcomputer market during the 1980s, especially after the introduction of the IBM XT in 1983. Much of their growth has come through their acquisition of competitors. In 1989, Seagate acquired Control Data Corporation's Imprimis division, the makers of CDC's HDD products. Seagate acquired Conner Peripherals in 1996, Maxtor in 2006, and Samsung's HDD business in 2011. Today, Seagate, along with its competitor Western Digital, dominates the HDD market.

Sector

Technology

Industry

Computer Storage Devices

Employees

15505

Exchange

Nasdaq

$12B

Total Revenue

16K

Employees

$18B

Market Capitalization

-23.68

Price/Earning ratio

Fundamental Data and Insider Transactions (Quarterly data) Full Screen

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Latest $STX News

Seagate Technology Holdings plc Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

20h ago, source: Yahoo Finance

It's been a good week for Seagate Technology Holdings plc (NASDAQ:STX) shareholders, because the company has just released ...

Seagate Technology declares $0.70 dividend

on MSN ago, source:

Seagate Technology (STX) declares $0.70/share quarterly dividend, in line with previous. Forward yield 3.33% Payable July 5; for shareholders of record June 20; ...

Seagate Technology Holdings Plc

3d ago, source: 24/7 Wall St

Seagate Technology Holdings Plc, based in Dublin, Ireland, is a global leader in data storage solutions. Founded in 1978, the company specializes in a wide range of storage products such as hard ...

Seagate Technology Plc (NASDAQ: STX)

9d ago, source: The Motley Fool

Seagate Technology Holdings Plc operates as holding company that is engaged in the development, production, and distribution of data storage products and electronic data storage solutions.

Seagate Technology to Sell Assets to Broadcom Subsidiary for $600M

2d ago, source:

By Ben Glickman Seagate Technology Holdings has agreed to sell intellectual property and equipment assets to a Broadcom subsidiary for $600 million in ...

Seagate Technology Holdings PLC

4d ago, source: Morningstar

We sell different types of products and services to both investment professionals and individual investors. These products and services are usually sold through license agreements or subscriptions ...

Seagate Technology Holdings PLC

4d ago, source: Wall Street Journal

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...

Seagate Technology Holdings Plc

7d ago, source: U.S. News & World Report

For most investors, the best investment strategy is to buy good stocks and hold them for the long run.

Seagate's Winning Strategy: HAMR Technology, Growing Margins, And Upcoming Demand Cycle

3d ago, source:

Seagate's Mozaic platform and HAMR technology are driving revenue growth and enhancing operating margins. Read why I ...

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