Free Alerts   Login
Technology › Computer Storage Devices

STX Stock Price Correlated With Seagate Technology Holdings Financials

STX Stock Price vs. Quarterly
STX
Income Statement
Cash Flow
Balance Sheet

STX Income Statement

Enable JavaScript and reload
Revenue, Net:
Revenue Per Share:
Cost of Goods & Services Sold:
Gross Profit:
Selling, General & Admin Expense:
Research & Development Expense:
Total Operating Expenses:
Operating Income:
Income Taxes:
Net Income:
Earnings Per Share, Diluted:
Earnings Per Share, Basic:
Shares Outstanding, Basic Avg:
Shares Outstanding, Diluted Avg:
Common Stock Shares Outstanding:

STX Cash Flow

Enable JavaScript and reload
Operating Activities Net Income:
Depreciation, Depletion & Amortization:
Change in Accounts Receiveable:
Net Cash from Operations:
Net Cash from Operations Per Share:
Repurchases/Buybacks Common Stock:
Issuance of Long-term Debt:
Cash Dividends Paid:
Net Cash from Financing Activities:
Property, Plant & Equipment Purchases:
Purchases of Businesses, Net of Cash:
Net Cash from Investing Activities:
Net Change in Cash & Equivalents:

STX Balance Sheet

Enable JavaScript and reload
Cash and Cash Equivalents:
Short-Term Investments:
Accounts Receivable, Net:
Inventories:
Total Current Assets:
Property, Plant & Equipment, Net:
Total Assets:
Accounts Payable:
Current Portion of Long-Term Debt:
Total Short-Term Liabilities:
Long Term Debt, Non-Current Portion:
Total Long-Term Liabilities:
Total Liabilities:

Major Holders (from 13F filings)

Investment Type
Change
Value (x$1000)
increase or decrease
Vanguard Group
24,006,681 sh
425,117 sh
2%
$2,049,451
$494,247
JPMorgan Chase
17,946,369 sh
265,969 sh
2%
$1,532,081
$366,056
Capital Research Global Investors
16,614,884 sh
4,685,454 sh
39%
$1,418,413
$631,667
Sanders Capital
15,486,153 sh
443,768 sh
3%
$1,322,053
$330,008
Blackrock.
15,180,850 sh
548,416 sh
4%
$1,295,990
$330,981
FMR
13,523,410 sh
-406,298 sh
-3%
$1,154,493
$235,830
State Street
9,566,569 sh
283,834 sh
3%
$823,249
$204,674
Wellington Management Group Llp
4,339,933 sh
-41,564 sh
-1%
$370,500
$81,540
Morgan Stanley
4,189,267 sh
217,297 sh
5%
$357,638
$95,686
Geode Capital Management
3,695,058 sh
109,302 sh
3%
$314,614
$78,575
Slate Path Capital Lp
3,438,706 sh
-51,070 sh
-1%
$293,562
$63,411
Citadel Advisors
2,986,879 sh
1,767,079 sh
145%
$254,990
$174,544
Invesco.
2,442,569 sh
-361,708 sh
-13%
$208,521
$23,580
Clearbridge Investments
2,319,364 sh
-604,587 sh
-21%
$198,004
$5,169
Holocene Advisors, Lp
2,296,400 sh
390,475 sh
20%
$196,044
$78,124
Norges Bank
2,211,943 sh
2,211,943 sh
NEW
$188,834
$188,834
Duquesne Family Office
2,116,108 sh
1,201,065 sh
131%
$180,652
$120,305
Massachusetts Financial Services /Ma/
2,020,707 sh
-389,456 sh
-16%
$172,509
$13,558
Legal & General Group Plc
1,831,994 sh
227,824 sh
14%
$156,398
$50,603
Goldman Sachs Group
1,808,470 sh
198,998 sh
12%
$154,390
$48,246
COMPANY PROFILE
Basis of Presentation and Summary of Significant Accounting Policies Organization

Seagate Technology Holdings plc (“STX”) and its subsidiaries (collectively, unless the context otherwise indicates, the “Company”) is a leading provider of data storage technology and solutions. Its principal products are hard disk drives, commonly referred to as disk drives, hard drives or HDDs. In addition to HDDs, the Company produces a broad range of data storage products including solid state drives (“SSDs”), solid state hybrid drives (“SSHDs”) and storage subsystems.

On May 18, 2021, Seagate Technology plc, now known as Seagate Technology Unlimited Company (“STUC”), and STX completed a scheme of arrangement pursuant to which STUC’s ordinary shares were acquired by STX and the ordinary shareholders of STUC received, on a one-for-one basis, new ordinary shares of STX (the “Scheme”). As a result of the Scheme, STUC is now a direct, wholly-owned subsidiary of STX, which is the successor issuer to STUC. In connection with the Scheme, STX assumed STUC’s existing obligations in connection with awards granted under STUC’s incentive plans and other similar employee awards and amended such plans and awards as necessary to provide for the issuance of STX’s registered shares rather than the ordinary shares of STUC upon the exercise or vesting of awards .

Basis of Presentation and Consolidation

The Company’s consolidated financial statements include the accounts of the Company and all its wholly-owned and majority-owned subsidiaries, after elimination of intercompany transactions and balances.

The preparation of financial statements in accordance with the United States (“U.S.”) generally accepted accounting principles requires management to make estimates and assumptions that affect the amounts reported in the Company’s consolidated financial statements and accompanying notes. These estimates and assumptions include the impact of the COVID-19 pandemic. Actual results could differ materially from those estimates. The methods, estimates and judgments the Company uses in applying its most critical accounting policies have a significant impact on the results the Company reports in its consolidated financial statements.

Fiscal Year

The Company operates and reports financial results on a fiscal year of 52 or 53 weeks ending on the Friday closest to June 30. Accordingly, fiscal years 2021 and 2019 were comprised of 52 weeks and ended on July 2, 2021 and June 28, 2019, respectively. Fiscal year 2020 was comprised of 53 weeks and ended on July 3, 2020. All references to years in these Notes to Consolidated Financial Statements represent fiscal years unless otherwise noted. Fiscal year 2026 will also be comprised of 53 weeks and will end on July 3, 2026.

Summary of Significant Accounting Policies

Cash and Cash Equivalents. The Company considers all highly liquid investments with a remaining maturity of 90 days or less at the time of purchase to be cash equivalents. The Company’s highly liquid investments are primarily comprised of money market funds, time deposits and certificates of deposits. The Company has classified its marketable debt securities as available-for-sale and they are stated at fair value with unrealized gains and losses included in Accumulated other comprehensive loss, which is a component of Shareholders’ Equity. The Company evaluates the available-for sale debt securities in an unrealized loss position for other-than-temporary impairment. Realized gains and losses are included in Other, net on the Company’s Consolidated Statements of Operations. The cost of securities sold is based on the specific identification method. Other cash equivalents are carried at cost, which approximates fair value.

Restricted Cash and Cash Equivalents. Restricted cash and cash equivalents represent cash and cash equivalents that are restricted as to withdrawal or use for other than current operations.

Allowance for expected credit loss. The Company maint

Free historical financial statements for Seagate Technology Holdings plc. See how revenue, income, cash flow, and balance sheet financials have changed over 54 quarters since 2010. Compare with STX stock chart to see long term trends.

Data imported from Seagate Technology Holdings plc SEC filings. Check original filings before making any investment decision.