$STX

Lee James CI sold $351K of STX

Lee James CI (EVP & CLO) sold 547 shares of Seagate Technology Holdings plc (STX) at $642.14 ($0.35M total) on 2026-10-23.

Original reporting
SEC EDGAR · Lee James CI
Published Oct 26, 2026, 8:13 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 26, 2026, 8:14 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$STX
Bearish
medium confidence
Mentioned
$STX
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$STXBearishLow
01

Why it matters

The disclosed sale is modest in size relative to Seagate's market cap, likely generating limited price movement.

02

Market read

A routine insider sale with modest dollar value; low immediate trading relevance.

03

What to watch

Potential upcoming corporate actions or compensation plans not disclosed.

Relevance 4/10Novelty 4/10Timing: post‑market filing on 2026‑10‑26

Background

Form 4 filings provide transparent disclosure of insider trades, used by traders to gauge sentiment.

Company-level read

Ticker impact

$STXBearishMedium confidence
Context

SEC Form 4 shows EVP & CLO Lee James CI sold 547 shares of Seagate Technology for $351,411, reducing his stake to 1,037 shares.

Expected impact

likely modest pressure as the market prices in the insider sell.

Evidence & confidence

The sale is relatively small for a mid‑cap and does not indicate a major shift, but insider disposals often prompt short‑term downside bias.

Market effects

Minimal impact on the broader data‑storage sector.

No discernible regional effect.

Limited to investors tracking insider activity.

Counterpoint

The sale could be routine portfolio rebalancing, not a bearish signal.

Key entities

  • Seagate Technology Holdings plc

    Data storage solutions provider, ticker STX.

  • Lee James CI

    Executive Vice President & Chief Legal Officer of Seagate.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$STXMed

Seagate Stock Drop: Falls 8% to $641.81 [2026]

Seagate Technology (STX) fell 8.4% to $641.81 on October 30, 2026, following a broader tech sector decline. The drop occurred despite a record quarter and higher guidance. The stock's beta of 2.06 amplified its decline. Analysts cut price targets but maintain a 'Moderate Buy' consensus. Seagate's market cap is $146.57 billion, with a P/E ratio of 33.85.

$STXMed

Seagate Stock Falls 8% as Tech Retreat Hits Storage [2026]

Seagate Technology (STX) fell 8% on October 30, 2026, to $641.81, amid a broader tech sector sell-off. The decline followed record earnings and guidance, but was driven by market-wide AI spending concerns. Seagate's market cap is $146.57 billion, with heavy trading volume suggesting institutional selling. Peer storage companies also declined.

$SNDKHighAI 9/10

Sandisk Sinks 9% Despite Earnings Beat, Raised Guidance and 8-for-1 Split; Western Digital Tumbles 8%, Seagate Slides 7%, Micron Falls 6%

Sandisk (SNDK) shares fell 9% despite beating earnings estimates and raising guidance. Q1 FY2027 revenue was $11.03B, with adjusted EPS of $49.51. The company guided Q2 FY2027 adjusted EPS to $55-$57 and revenue to $12.2B-$12.6B. Western Digital (WDC), Seagate (STX), and Micron (MU) also declined. Sandisk announced an 8-for-1 stock split and a $5B share buyback.