Insider Selling: Western Digital (NASDAQ:WDC) Insider Sells $102,363.00 in Stock

Western Digital Corporation (NASDAQ:WDC) insider Cynthia Tregillis sold 447 shares of the stock in a transaction that occurred on Wednesday, January 21st. The shares were sold at an average price of $229.00, for a total value of $102,363.00. Following the transaction, the insider directly owned 143,318 shares of the company’s stock, valued at approximately $32,819,822. The trade was a 0.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Western Digital Stock Performance

NASDAQ:WDC opened at $236.39 on Friday. The company has a market cap of $80.82 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 1.17 and a beta of 1.78. Western Digital Corporation has a 1 year low of $28.83 and a 1 year high of $247.94. The stock’s 50 day simple moving average is $182.54 and its two-hundred day simple moving average is $129.85. The company has a debt-to-equity ratio of 0.42, a current ratio of 1.21 and a quick ratio of 0.94.

Western Digital (NASDAQ:WDC) last posted its earnings results on Thursday, October 30th. The data storage provider reported $1.78 earnings per share for the quarter, beating analysts’ consensus estimates of $1.57 by $0.21. The firm had revenue of $2.82 billion during the quarter, compared to analyst estimates of $2.72 billion. Western Digital had a net margin of 21.37% and a return on equity of 30.89%. Western Digital’s revenue for the quarter was up 27.4% compared to the same quarter last year. During the same period last year, the firm posted $1.78 earnings per share. Western Digital has set its Q2 2026 guidance at 1.730-2.030 EPS. As a group, equities analysts anticipate that Western Digital Corporation will post 4.89 earnings per share for the current fiscal year.

Western Digital Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, December 18th. Stockholders of record on Thursday, December 4th were given a dividend of $0.125 per share. The ex-dividend date was Thursday, December 4th. This represents a $0.50 annualized dividend and a dividend yield of 0.2%. This is a positive change from Western Digital’s previous quarterly dividend of $0.10. Western Digital’s dividend payout ratio is currently 7.28%.

More Western Digital News

Here are the key news stories impacting Western Digital this week:

• Positive Sentiment: Multiple analyst upgrades and sizable price‑target increases (Citigroup, Rosenblatt, Bank of America and others) have lifted sentiment and supported the rally into record highs. Forget the Chips, Buy Memory
• Positive Sentiment: AI-driven demand is rotating investor money from GPUs to storage — institutional flow into NAND/SSD and HDD suppliers is increasing pricing power and revenue visibility for WDC’s data‑center HDDs and SSD roadmap. AI-money moving to storage
• Positive Sentiment: WDC has strong recent earnings‑surprise history and Wall Street expects continued earnings growth; that raises the chance of another beat at the upcoming quarterly report. Will WDC beat estimates?
• Neutral Sentiment: Corporate cadence: WDC is hosting an Innovation Day and has raised its dividend — both can reinforce the narrative but are event‑driven and dependent on execution/communication. Innovation Day / dividend context
• Neutral Sentiment: Insider activity: a small officer sale (447 shares) was disclosed; size and frequency indicate routine liquidity rather than management signaling. SEC filing
• Negative Sentiment: Price pullback today amid broader market strength — traders appear to be taking profits after WDC hit fresh 52‑week/all‑time highs. WDC stock dips while market gains
• Negative Sentiment: Valuation and cycle risk concerns: several commentators warn the rally could be stretched and exposed to a pullback if supply/pricing dynamics normalize or AI demand growth slows. Pullback risk analysis

Analysts Set New Price Targets

A number of equities research analysts have issued reports on WDC shares. Susquehanna upped their price objective on Western Digital from $135.00 to $205.00 and gave the company a “neutral” rating in a research report on Friday, January 16th. Cantor Fitzgerald restated an “overweight” rating and set a $250.00 price target on shares of Western Digital in a report on Tuesday, December 16th. Robert W. Baird set a $180.00 price target on Western Digital in a research report on Friday, October 31st. The Goldman Sachs Group reiterated a “neutral” rating and set a $165.00 price objective on shares of Western Digital in a research report on Friday, January 9th. Finally, TD Cowen reissued a “buy” rating on shares of Western Digital in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Western Digital has an average rating of “Moderate Buy” and a consensus price target of $206.29.

Institutional Trading of Western Digital

Institutional investors and hedge funds have recently made changes to their positions in the business. ORG Partners LLC increased its stake in Western Digital by 124.5% in the 3rd quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock worth $25,000 after buying an additional 117 shares during the period. Private Wealth Management Group LLC grew its stake in Western Digital by 102.5% in the 2nd quarter. Private Wealth Management Group LLC now owns 399 shares of the data storage provider’s stock worth $26,000 after acquiring an additional 202 shares in the last quarter. Rakuten Securities Inc. grew its stake in Western Digital by 4,070.0% in the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after acquiring an additional 407 shares in the last quarter. NewSquare Capital LLC increased its position in shares of Western Digital by 86.9% during the second quarter. NewSquare Capital LLC now owns 441 shares of the data storage provider’s stock worth $28,000 after acquiring an additional 205 shares during the period. Finally, Cullen Frost Bankers Inc. raised its stake in shares of Western Digital by 551.4% during the third quarter. Cullen Frost Bankers Inc. now owns 241 shares of the data storage provider’s stock valued at $29,000 after acquiring an additional 204 shares in the last quarter. 92.51% of the stock is currently owned by institutional investors.

Western Digital Company Profile

Western Digital Corporation is a global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications. Headquartered in San Jose, California, the company develops hard disk drives (HDDs), solid-state drives (SSDs), NAND flash components and finished storage products used in PCs, external storage, servers, network-attached storage (NAS) and embedded systems.

Its product portfolio spans consumer and commercial markets, including internal and external HDDs and SSDs, removable flash memory products and storage platforms for data center and enterprise environments.