On the 30th of April, ValueAct Holdings sold all their 5.6 million Seagate Technology PLC (STX) shares for $508 million at an average price of $90.14 per share.
Shares of Seagate Technology PLC are down -35.51% since the transaction.
ValueAct Holdings’s holding in Seagate Technology PLC were completely closed with the transaction.
ValueAct Holdings first bought Seagate Technology PLC stock in the second quarter of 2016.
Other investors who also sold all their Seagate Technology PLC shares include Millennium Management and Cinctive Capital Management.
In contrast, Eaton Vance (NYSE:) Management, Parnassus Investments, and TCW Group added to STX shares, while Cohen & Steers (NYSE:) Inc., Schafer Cullen Capital Management, and Waddell & Reed (NYSE:) Financial established new holdings in Seagate Technology PLC.
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