Win Advisors Inc. Acquires Shares of 7,155 Western Digital Corporation $WDC

Win Advisors Inc. bought a new stake in shares of Western Digital Corporation (NASDAQ:WDC) during the fourth quarter, HoldingsChannel reports. The firm bought 7,155 shares of the data storage provider’s stock, valued at approximately $1,233,000.

A number of other hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. lifted its stake in Western Digital by 0.6% during the 3rd quarter. Vanguard Group Inc. now owns 43,282,393 shares of the data storage provider’s stock valued at $5,196,484,000 after acquiring an additional 243,177 shares during the period. WCM Investment Management LLC purchased a new stake in Western Digital in the 3rd quarter worth approximately $791,317,000. Northern Trust Corp increased its holdings in Western Digital by 11.2% in the 3rd quarter. Northern Trust Corp now owns 3,805,463 shares of the data storage provider’s stock worth $456,884,000 after acquiring an additional 384,103 shares in the last quarter. Dimensional Fund Advisors LP grew its holdings in Western Digital by 11.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 3,804,907 shares of the data storage provider’s stock valued at $456,737,000 after buying an additional 402,981 shares in the last quarter. Finally, Fred Alger Management LLC grew its holdings in Western Digital by 4,923.9% during the 3rd quarter. Fred Alger Management LLC now owns 3,407,042 shares of the data storage provider’s stock valued at $409,049,000 after buying an additional 3,339,225 shares in the last quarter. Institutional investors own 92.51% of the company’s stock.

Insider Buying and Selling

In related news, insider Cynthia L. Tregillis sold 363 shares of the firm’s stock in a transaction dated Tuesday, April 21st. The stock was sold at an average price of $377.09, for a total transaction of $136,883.67. Following the completion of the sale, the insider directly owned 120,023 shares of the company’s stock, valued at approximately $45,259,473.07. This trade represents a 0.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Irving Tan sold 20,000 shares of Western Digital stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $411.84, for a total value of $8,236,800.00. Following the completion of the transaction, the chief executive officer directly owned 598,150 shares of the company’s stock, valued at approximately $246,342,096. This represents a 3.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders sold 53,679 shares of company stock valued at $18,049,314. 0.18% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on WDC shares. Citigroup increased their target price on Western Digital from $405.00 to $500.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Susquehanna reiterated a “neutral” rating and set a $285.00 target price on shares of Western Digital in a research report on Friday, February 6th. Sanford C. Bernstein upgraded Western Digital from a “market perform” rating to an “outperform” rating and set a $340.00 price objective for the company in a report on Tuesday, March 31st. Wedbush restated an “outperform” rating and issued a $325.00 price objective on shares of Western Digital in a report on Monday, February 9th. Finally, TD Cowen boosted their price objective on shares of Western Digital from $325.00 to $500.00 and gave the stock a “buy” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Western Digital has a consensus rating of “Moderate Buy” and a consensus price target of $395.83.

Western Digital Stock Up 7.5%

Shares of WDC opened at $515.83 on Tuesday. Western Digital Corporation has a 52-week low of $46.40 and a 52-week high of $525.15. The company has a market capitalization of $177.80 billion, a PE ratio of 30.80 and a beta of 2.10. The stock has a fifty day simple moving average of $334.30 and a two-hundred day simple moving average of $247.47.

Western Digital (NASDAQ:WDC) last issued its quarterly earnings data on Thursday, April 30th. The data storage provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.33. The firm had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.25 billion. Western Digital had a return on equity of 42.95% and a net margin of 55.29%.The company’s quarterly revenue was up 45.5% on a year-over-year basis. During the same period last year, the company earned $1.36 EPS. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. As a group, equities analysts anticipate that Western Digital Corporation will post 9.57 earnings per share for the current fiscal year.

Western Digital Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, June 5th will be given a dividend of $0.15 per share. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date of this dividend is Friday, June 5th. This is a positive change from Western Digital’s previous quarterly dividend of $0.13. Western Digital’s dividend payout ratio is 2.99%.

Western Digital News Summary

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

• Positive Sentiment: Western Digital’s stock is getting support from a strong Q3 earnings report, with $2.72 EPS versus $2.39 expected and $3.34 billion in revenue versus $3.25 billion expected, plus a 20% dividend increase that signals management confidence. Western Digital (WDC) Stock Soars to Record Peak on Stellar Q3 Results and Dividend Boost
• Positive Sentiment: Multiple articles highlight Western Digital as a beneficiary of the AI storage boom, with hyperscaler spending driving demand for memory and high-capacity data center storage. Why These 3 High-Flying Memory & Storage Stocks Will Rise Further
• Positive Sentiment: Western Digital has also been included in “AI dividend increases” and other bullish stock-idea pieces, reinforcing the market’s view that the company is both an AI play and a capital-return story. AI Dividend Increases: 3 Massive Winners Boosting Payouts (WDC)
• Positive Sentiment: Shares have been boosted by sector-wide momentum in memory and storage, including surging interest in SanDisk and memory ETFs, which is helping lift sentiment across the group. Western Digital rallies 7% amid AI surge in Micron and Sandisk
• Neutral Sentiment: Several articles focus on valuation after the stock’s sharp multi-week surge, suggesting investors are now debating whether WDC is still attractively priced after a huge run-up. Is It Too Late To Consider Western Digital (WDC) After Its AI Storage Fueled Surge?
• Neutral Sentiment: Coverage of SanDisk’s explosive post-spin gains is indirectly relevant because it highlights the strength of the broader memory/storage theme, though it is not a direct catalyst for WDC itself. SanDisk Did In Months What Nvidia Took 9 Years To Pull Off — And The Chart Looks Almost Unreal
• Neutral Sentiment: Short-interest data showed no meaningful short position, so it does not appear to be a major driver of the move.

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.