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Impax Asset Management Group plc Buys Shares of 24,323 Seagate Technology Holdings PLC $STX
Impax Asset Management Group plc recently acquired 24,323 shares of Seagate Technology Holdings PLC, a data storage provider, valued at approximately $6.70 million. This comes as broker sentiment for Seagate has turned bullish, with upgrades and raised price targets driven by anticipated AI-related data storage demand and new high-capacity products. Despite significant insider selling totaling over $46 million last quarter, institutional investors maintain a strong position, owning about 92.87% of the company’s stock.