Something More Positive for Seagate Technology plc (STX) and Xilinx Inc. (XLNX)

On Oct 28, COLEMAN WILLIAM T III, Director exercised an option 5,146 shares of Seagate Technology plc (NASDAQ: STX), with the average selling price of the stock being $0.00 per share. The total amount realized from this exercised an option $0. A document was filed with the Securities and Exchange Commission to notify the public about the exercised an option of the shares.

In addition to that, Director – CANNON MICHAEL R exercised an option an extra 5,146 shares of this stock in a transaction that took place a day before, on Oct 28, with a share exercised an option at an average of $0.00 and a total of $0 was realized from this transaction. After the transaction, the Director – CANNON MICHAEL R was left with 25,560 shares of the company’s stock, which is currently worth around $0.0.

The recent price movement of STX means that it is now down by -0.49% from its 52-week high and 63.51% up against its 52-week low prices. Over the past one week, the price volatility of STX stands at 1.72% while the volatility over the past one month is 1.89%. The beta score for this stock is 1.63. A beta score below 1 means that the stock has a low volatility while above 1 signifies that a stock is highly volatile at that particular moment, a data that traders use to keep tabs on their investments.

The company on 08/02/2019 published its latest quarterly earnings, with the report showing that the company recorded 1.7 earnings per share (EPS) during that period. This report was above the expectations of analysts of 1.55 by 0.15. The revenue by the firm was 2.57B for the quarter.

The shares of Seagate Technology plc (STX) dropped by -0.21%, leading to a loss of -$0.12 per share, and saw STX end the trading session at $57.85 on Wednesday 10/30/19. STX started the trading session at $57.96, before reaching a daily high of $57.96. It wasn’t able to sustain that growth though and soon jumped to hit a daily low of $56.9297.

The trading volume on Wednesday…

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