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Alps Advisors Has Lowered Seagate Technology Plc (STX) Holding; Shorts at INVESTOR AB STOCKHOLM FRIA B ORDINARY SH (IVSBF) Lowered By 11.95%

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Alps Advisors Inc decreased Seagate Technology Plc (STX) stake by 31.8% reported in 2018Q1 SEC filing. Alps Advisors Inc sold 376,362 shares as Seagate Technology Plc (STX)’s stock rose 7.32%. The Alps Advisors Inc holds 807,015 shares with $47.23 million value, down from 1.18 million last quarter. Seagate Technology Plc now has $16.78B valuation. The stock decreased 1.08% or $0.64 during the last trading session, reaching $58.44. About 470,758 shares traded. Seagate Technology plc (NASDAQ:STX) has risen 33.31% since June 15, 2017 and is uptrending. It has outperformed by 20.74% the S&P500. Some Historical STX News: ; 23/03/2018 – ACE Data Group Unveils New Technology for Hardware Encrypted SSDs Based on Seagate Technology’s SandForce Controllers; 16/04/2018 – Docutech’s Solex eVault Receives Fannie Mae Approval, MERS® eRegistry Certification; 01/05/2018 – MOODY’S AFFIRMS SEAGATE’S Baa3 RATING & CHANGES OUTLOOK TO STAB; 09/05/2018 – Australian Gov: US Patent Issued to SEAGATE TECHNOLOGY on May 8 for “Recognizing and identifying defect patterns on magnetic; 18/04/2018 – Luxury Lifestyle Awards Praises Rixos Seagate Sharm Resort for Excellence in Service; 01/05/2018 – SEAGATE HDD CAYMAN OUTLOOK TO STABLE FROM NEGATIVE BY MOODY’S; 01/05/2018 – SEAGATE HDD CAYMAN AFFIRMED BY MOODY’S; 08/04/2018 – Seagate Showcases Latest Products, Partnerships and Unveils New Online Community to Industry-Leading Media & Entertainment; 01/05/2018 – Seagate 3Q Net $381M; 01/05/2018 – Seagate 3Q EPS $1.31

INVESTOR AB STOCKHOLM FRIA B ORDINARY SH (OTCMKTS:IVSBF) had a decrease of 11.95% in short interest. IVSBF’s SI was 283,800 shares in June as released by FINRA. Its down 11.95% from 322,300 shares previously. With 2,200 avg volume, 129 days are for INVESTOR AB STOCKHOLM FRIA B ORDINARY SH (OTCMKTS:IVSBF)’s short sellers to cover IVSBF’s short positions. The SI to INVESTOR AB STOCKHOLM FRIA B ORDINARY SH’s float is 0.05%. The stock increased 1.11% or $0.47 during the last trading session, reaching $42.83. About shares traded. Investor AB (OTCMKTS:IVSBF) has 0.00% since June 15, 2017 and is . It has underperformed by 12.57% the S&P500.

Investor AB is a private equity and venture capital firm operating through four business areas including core, private equity, operating, and financial investments. The company has market cap of $31.87 billion. For core investments, the firm invests in health care, care, and education sectors and considers investments in listed companies in leading minority positions. It has a 6.07 P/E ratio. The firm seeks to invest globally and acquire a board seat.

Among 36 analysts covering Seagate Technology Plc (NASDAQ:STX), 10 have Buy rating, 3 Sell and 23 Hold. Therefore 28% are positive. Seagate Technology Plc had 145 analyst reports since August 4, 2015 according to SRatingsIntel. The rating was upgraded by Craig Hallum to “Buy” on Thursday, November 19. Morgan Stanley upgraded Seagate Technology plc (NASDAQ:STX) on Monday, April 9 to “Buy” rating. The stock has “Overweight” rating by Morgan Stanley on Wednesday, May 2. The firm has “Buy” rating given on Friday, October 16 by Needham. Jefferies downgraded the shares of STX in report on Monday, September 11 to “Hold” rating. Brean Capital maintained the stock with “Buy” rating in Monday, August 3 report. The firm earned “Hold” rating on Tuesday, July 25 by Benchmark. The firm earned “Hold” rating on Monday, July 24 by BMO Capital Markets. The firm has “Sell” rating given on Thursday, October 15 by Benchmark. The firm earned “Buy” rating on Thursday, August 31 by Jefferies.

Investors sentiment decreased to 0.84 in 2018 Q1. Its down 0.05, from 0.89 in 2017Q4. It is negative, as 39 investors sold STX shares while 180 reduced holdings. 75 funds opened positions while 108 raised stakes. 232.89 million shares or 4.71% less from 244.40 million shares in 2017Q4 were reported. Dreman Value Management L L C has invested 0.24% in Seagate Technology plc (NASDAQ:STX). Boston Private Wealth Ltd stated it has 67,091 shares. American Century Cos has invested 0.02% in Seagate Technology plc (NASDAQ:STX). 5,062 were reported by Davis R M. Mark Sheptoff Finance Planning holds 600 shares. Ameritas Inv Partners owns 0.03% invested in Seagate Technology plc (NASDAQ:STX) for 11,099 shares. Company Of Vermont has invested 0% in Seagate Technology plc (NASDAQ:STX). Afam Capital reported 0.89% in Seagate Technology plc (NASDAQ:STX). Sentinel Trust Lba holds 4,170 shares or 0.05% of its portfolio. Windward Cap Management Ca reported 0.34% stake. Tudor Investment Et Al has 0.04% invested in Seagate Technology plc (NASDAQ:STX) for 19,926 shares. Baystate Wealth Management Ltd Liability Corp invested in 0% or 10 shares. Louisiana State Employees Retirement stated it has 17,400 shares. Meag Munich Ergo Kapitalanlagegesellschaft Mbh stated it has 108,055 shares or 0.25% of all its holdings. Alps Advisors accumulated 0.38% or 807,015 shares.

Analysts await Seagate Technology plc (NASDAQ:STX) to report earnings on July, 24. They expect $1.45 EPS, up 123.08% or $0.80 from last year’s $0.65 per share. STX’s profit will be $416.24M for 10.08 P/E if the $1.45 EPS becomes a reality. After $1.46 actual EPS reported by Seagate Technology plc for the previous quarter, Wall Street now forecasts -0.68% negative EPS growth.

More news for Seagate Technology plc (NASDAQ:STX) were recently published by: Seekingalpha.com, which released: “Update: Seagate Technology” on June 06, 2018. Seekingalpha.com‘s article titled: “Best And Worst Performing Nasdaq 100 Stocks Of 2018” and published on May 25, 2018 is yet another important article.

Since January 8, 2018, it had 0 insider purchases, and 17 insider sales for $44.14 million activity. 100,000 Seagate Technology plc (NASDAQ:STX) shares with value of $5.60M were sold by LUCZO STEPHEN J. Another trade for 23,618 shares valued at $1.35M was made by ZANDER EDWARD J on Wednesday, May 9. Shares for $595,004 were sold by MORTON DAVID H JR on Tuesday, February 20. $781,850 worth of Seagate Technology plc (NASDAQ:STX) shares were sold by MURPHY JAMES J. Geldmacher Jay L sold $235,833 worth of stock. Shares for $125,701 were sold by Nygaard Jeffrey D. on Monday, May 14. 12,000 Seagate Technology plc (NASDAQ:STX) shares with value of $557,280 were sold by BRACE PHILIP G.

Alps Advisors Inc increased Tripadvisor Inc (NASDAQ:TRIP) stake by 10,675 shares to 24,562 valued at $1.00M in 2018Q1. It also upped Qualcomm Inc (NASDAQ:QCOM) stake by 24,994 shares and now owns 772,028 shares. Ssr Mining Inc was raised too.

Seagate Technology plc (NASDAQ:STX) Ratings Chart

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