Why insider trading matters?
When insiders buy shares on the open market, this can thus be regarded as a strong endorsement by those that know the company the best -- they are literally betting their own money on the company's future. Insider selling, however, is not necessarily meaningful in any way, as there is a range of reasons for insiders to liquidate (some) of the shares they own.
Seagate Technology plc provides data storage technology and solutions in Singapore, the United States, the Netherlands, and internationally. The company manufactures and distributes hard disk drives; solid state drives (SSDs), including serial attached small computer system interface and non-volatile memory express SSDs; solid state hybrid drives; and storage subsystems. In addition, the company offers external storage solutions under the Seagate Backup Plus and Expansion product lines, as well as under the LaCie and Maxtor brands in capacities up to 168TB. It sells its products primarily to OEMs, distributors, and retailers.
| Trade Date | Insider | Title | Buy/Sell | #Shares | Price | Value | Option |
|---|---|---|---|---|---|---|---|
| 2021-11-15 | ValueAct Holdings, L.P. | Director | Sell | 1,890,000 | $107.69 | $203,532,350 | No |
| 2021-11-05 | Naik Ravi | EVP & CIO | Sell | 20,000 | $96.48 | $1,929,655 | Yes |
| 2021-10-04 | Romano Gianluca | EVP & CFO | Sell | 26,139 | $84.40 | $2,206,010 | Yes |
| 2021-09-14 | Teh Ban Seng | EVP, Global Sales | Sell | 3,445 | $83.88 | $288,979 | Yes |
| 2021-09-10 | Teh Ban Seng | EVP, Global Sales | Sell | 2,340 | $87.23 | $204,118 | Yes |
| 2021-09-01 | MOSLEY WILLIAM D | Chief Executive Officer | Sell | 31,500 | $86.95 | $2,739,059 | Yes |
| 2021-06-10 | CANNON MICHAEL R | Director | Sell | 7,102 | $97.48 | $692,269 | No |
| 2021-05-03 | MOSLEY WILLIAM D | Chief Executive Officer | Sell | 77,754 | $92.49 | $7,191,669 | Yes |
| 2021-05-03 | Romano Gianluca | EVP & CFO | Sell | 79,358 | $92.02 | $7,302,895 | Yes |
| 2021-05-03 | ValueAct Holdings, L.P. | Director | Sell | 5,634,153 | $90.14 | $507,890,402 | No |
| 2021-04-30 | SCHUELKE KATHERINE | SVP, CLO & Corporate Secretary | Sell | 24,525 | $95.70 | $2,347,002 | Yes |
| 2021-04-29 | Naik Ravi | EVP & CIO | Sell | 40,000 | $96.86 | $3,874,588 | Yes |
| 2021-04-27 | LUCZO STEPHEN J | Director | Sell | 100,000 | $92.13 | $9,213,220 | No |
| 2021-03-12 | LUCZO STEPHEN J | Director | Sell | 244,384 | $76.67 | $18,737,428 | Yes |
| 2021-03-12 | Teh Ban Seng | EVP, Global Sales | Sell | 20,357 | $76.72 | $1,561,832 | Yes |
| 2021-03-11 | Tilenius Stephanie | Director | Sell | 7,000 | $77.38 | $541,664 | No |
| 2021-03-08 | LUCZO STEPHEN J | Director | Sell | 127,600 | $74.47 | $9,502,512 | Yes |
| 2021-03-05 | SCHUELKE KATHERINE | SVP, CLO & Corporate Secretary | Sell | 4,525 | $73.20 | $331,230 | No |
| 2021-03-04 | LUCZO STEPHEN J | Director | Sell | 75,000 | $71.95 | $5,396,198 | No |
| 2021-03-03 | ValueAct Holdings, L.P. | Director | Sell | 4,650,000 | $72.75 | $338,287,500 | No |
| 2021-02-26 | Geldmacher Jay L | Director | Sell | 7,500 | $74.55 | $559,125 | No |
| 2021-02-18 | Teh Ban Seng | EVP, Global Sales | Sell | 10,000 | $72.78 | $727,800 | Yes |
| 2021-02-16 | Fochtman Jeffrey D. | SVP, Business & Marketing | Sell | 5,000 | $71.61 | $358,050 | No |
| 2020-12-16 | Nygaard Jeffrey D. | Executive Vice President | Sell | 10,000 | $66.00 | $660,000 | Yes |
| 2021-01-27 | Nygaard Jeffrey D. | Executive Vice President | Sell | 38,689 | $68.76 | $2,660,090 | Yes |
| 2021-01-15 | ValueAct Holdings, L.P. | 10%-Owner, Director | Sell | 703,034 | $60.24 | $42,352,270 | No |
| 2021-01-08 | ValueAct Holdings, L.P. | 10%-Owner, Director | Sell | 617,691 | $60.25 | $37,214,057 | No |
| 2021-01-06 | ValueAct Holdings, L.P. | 10%-Owner, Director | Sell | 1,164,725 | $60.47 | $70,433,076 | No |
| 2020-12-31 | ValueAct Holdings, L.P. | 10%-Owner, Director | Sell | 1,414,550 | $61.20 | $86,565,660 | No |
| 2020-12-23 | Nygaard Jeffrey D. | Executive Vice President | Sell | 17,742 | $63.46 | $1,125,824 | No |
Insider Smart
Insider Smart