Dynamic Technology Lab Private Ltd Takes $1.40 Million Position in Western Digital Corporation $WDC

Dynamic Technology Lab Private Ltd bought a new stake in shares of Western Digital Corporation (NASDAQ:WDC) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 11,634 shares of the data storage provider’s stock, valued at approximately $1,396,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. ORG Partners LLC lifted its position in Western Digital by 124.5% in the third 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 last quarter. Rakuten Securities Inc. increased its position in Western Digital by 4,070.0% during the second quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock valued at $27,000 after acquiring an additional 407 shares during the last quarter. Cullen Frost Bankers Inc. increased its position in 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 during the last quarter. Grove Bank & Trust purchased a new stake in shares of Western Digital in the third quarter valued at $30,000. Finally, Westfuller Advisors LLC purchased a new stake in shares of Western Digital in the third quarter valued at $30,000. Hedge funds and other institutional investors own 92.51% of the company’s stock.

Western Digital Trading Down 5.3%

Shares of WDC opened at $245.25 on Friday. The firm has a market capitalization of $83.15 billion, a price-to-earnings ratio of 24.60, a PEG ratio of 0.57 and a beta of 1.76. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.46 and a quick ratio of 1.19. Western Digital Corporation has a 1-year low of $28.83 and a 1-year high of $309.90. The company has a 50-day moving average of $246.38 and a 200 day moving average of $172.53.

Western Digital (NASDAQ:WDC) last issued its earnings results on Thursday, January 29th. The data storage provider reported $2.13 EPS for the quarter, topping analysts’ consensus estimates of $1.93 by $0.20. The business had revenue of $3.02 billion for the quarter, compared to the consensus estimate of $2.93 billion. Western Digital had a net margin of 35.52% and a return on equity of 41.53%. The company’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.77 EPS. On average, research analysts expect that Western Digital Corporation will post 4.89 EPS for the current year.

Western Digital Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Thursday, March 5th will be paid a $0.125 dividend. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $0.50 annualized dividend and a yield of 0.2%. Western Digital’s dividend payout ratio is 5.02%.

Insider Transactions at Western Digital

In other news, insider Vidyadhara K. Gubbi sold 10,148 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $270.31, for a total transaction of $2,743,105.88. Following the transaction, the insider owned 107,794 shares of the company’s stock, valued at approximately $29,137,796.14. This represents a 8.60% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Cynthia L. Tregillis sold 9,324 shares of the stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $268.27, for a total value of $2,501,349.48. Following the transaction, the insider directly owned 121,682 shares in the company, valued at $32,643,630.14. The trade was a 7.12% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 84,277 shares of company stock valued at $22,091,068. Company insiders own 0.18% of the company’s stock.

Trending Headlines about Western Digital

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

• Positive Sentiment: Company completed the spin‑off of its flash business and repositioned as a pure‑play HDD supplier, reportedly selling a ~$3.1B stake and securing long‑term hyperscaler agreements that fully book HDD production through at least 2028 — this improves cash, reduces leverage and gives multi‑year revenue visibility. Western Digital Bets On Pure HDD Future With Hyperscaler AI Demand
• Positive Sentiment: Management and analysts highlight sold‑out nearline/HDD capacity for 2026 and guidance pointing to material revenue and margin expansion driven by AI (video, large‑model data), underpinning a structural re‑rating story. Western Digital: AI’s Unsung Storage Backbone
• Neutral Sentiment: Options flow and institutional activity show heightened trading interest — large option bets and increased analyst coverage keep liquidity high but also increase short‑term volatility. Western Digital’s Options: A Look at What the Big Money is Thinking
• Neutral Sentiment: Consumer retail promotions and pricing anomalies (e.g., SSD deals) create short‑term retail noise but have limited impact on the enterprise HDD thesis that’s driving the stock. This 2TB WD SN850X is cheaper from Walmart than the equivalent 1TB model in a strange deal
• Negative Sentiment: Multiple insider sales were disclosed (senior execs sold shares on March 4), which can sap near‑term sentiment even if sales are for diversification; investors often view clustered executive selling as a caution flag. Western Digital (NASDAQ:WDC) Insider Sells $2,501,349.48 in Stock
• Negative Sentiment: Analysts warn of valuation and cyclical peak risk — some argue recent gains price in peak AI storage demand and a pullback or normalization in hyperscaler buying could trigger downside. Market anxiety after a very large prior run (and a recent sharp sell‑off episode) contributes to heavier profit‑taking. Western Digital: Strong AI Tailwinds, But Valuation Signals Cyclical Peak Risk What Drove WDC Stock’s Historic 490% Jump

Wall Street Analyst Weigh In

A number of research firms recently commented on WDC. Cantor Fitzgerald lifted their price target on shares of Western Digital to $325.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Argus set a $300.00 price objective on shares of Western Digital in a research report on Tuesday, February 3rd. Wells Fargo & Company raised their price objective on shares of Western Digital from $260.00 to $335.00 and gave the stock an “overweight” rating in a research note on Friday, January 30th. Weiss Ratings upgraded Western Digital from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 2nd. Finally, Morgan Stanley upped their target price on Western Digital from $260.00 to $306.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.58.

About Western Digital

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.