Western Digital Corporation $WDC Shares Bought by Sivia Capital Partners LLC

Sivia Capital Partners LLC grew its holdings in shares of Western Digital Corporation (NASDAQ:WDC) by 19.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 6,686 shares of the data storage provider’s stock after purchasing an additional 1,104 shares during the quarter. Sivia Capital Partners LLC’s holdings in Western Digital were worth $1,152,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Quadcap Wealth Management LLC boosted its stake in Western Digital by 2.1% during the 4th quarter. Quadcap Wealth Management LLC now owns 2,007 shares of the data storage provider’s stock worth $346,000 after purchasing an additional 41 shares during the last quarter. Moss Adams Wealth Advisors LLC boosted its stake in Western Digital by 2.6% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,982 shares of the data storage provider’s stock worth $341,000 after purchasing an additional 51 shares during the last quarter. Bogart Wealth LLC raised its holdings in shares of Western Digital by 19.4% during the 4th quarter. Bogart Wealth LLC now owns 369 shares of the data storage provider’s stock worth $64,000 after acquiring an additional 60 shares during the period. CYBER HORNET ETFs LLC raised its holdings in shares of Western Digital by 7.2% during the 4th quarter. CYBER HORNET ETFs LLC now owns 889 shares of the data storage provider’s stock worth $153,000 after acquiring an additional 60 shares during the period. Finally, Moors & Cabot Inc. raised its holdings in shares of Western Digital by 3.6% during the 4th quarter. Moors & Cabot Inc. now owns 2,113 shares of the data storage provider’s stock worth $364,000 after acquiring an additional 73 shares during the period. Institutional investors and hedge funds own 92.51% of the company’s stock.

Insider Transactions at Western Digital

In other Western Digital news, insider Vidyadhara K. Gubbi sold 8,518 shares of Western Digital stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $255.32, for a total value of $2,174,815.76. Following the completion of the transaction, the insider directly owned 99,276 shares of the company’s stock, valued at $25,347,148.32. The trade was a 7.90% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, insider Cynthia L. Tregillis sold 363 shares of Western Digital stock in a transaction dated Tuesday, April 21st. The shares were sold at an average price of $377.09, for a total value of $136,883.67. Following the completion of the transaction, the insider directly owned 120,023 shares of the company’s stock, valued at approximately $45,259,473.07. This represents a 0.30% 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 90 days, insiders sold 37,408 shares of company stock valued at $14,707,666. 0.18% of the stock is owned by insiders.

Wall Street Analyst Weigh In

Several research firms have recently commented on WDC. Citigroup lifted their price target on Western Digital from $500.00 to $685.00 and gave the stock a “buy” rating in a report on Tuesday. Barclays lifted their price target on Western Digital from $450.00 to $620.00 and gave the stock an “overweight” rating in a report on Wednesday, May 27th. JPMorgan Chase & Co. lifted their price target on Western Digital from $320.00 to $400.00 and gave the stock an “overweight” rating in a report on Thursday, April 16th. Bank of America lifted their price target on Western Digital to $495.00 and gave the stock a “buy” rating in a report on Monday, April 27th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and set a $400.00 price target on shares of Western Digital in a report on Friday, May 1st. One investment analyst has rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $424.33.

Western Digital Price Performance

NASDAQ WDC opened at $594.11 on Thursday. The company has a market cap of $204.78 billion, a P/E ratio of 35.47 and a beta of 2.13. The stock has a 50-day moving average of $412.26 and a two-hundred day moving average of $290.30. Western Digital Corporation has a 1-year low of $53.47 and a 1-year high of $602.54.

Western Digital (NASDAQ:WDC) last released its earnings results on Thursday, April 30th. The data storage provider reported $2.72 earnings per share for the quarter, beating the consensus estimate of $2.39 by $0.33. The company 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%.Western Digital’s revenue was up 45.5% compared to the same quarter last year. During the same period in the previous year, the company posted $1.36 EPS. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. On average, analysts anticipate that Western Digital Corporation will post 9.57 EPS for the current fiscal year.

Western Digital Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Shareholders of record on Friday, June 5th will be given a $0.15 dividend. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.60 annualized dividend and a yield of 0.1%. This is an increase from Western Digital’s previous quarterly dividend of $0.13. Western Digital’s dividend payout ratio is presently 2.99%.

Key Stories Impacting Western Digital

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

• Positive Sentiment: Western Digital disclosed a privately negotiated exchange of convertible debt, helping reduce refinancing risk and signaling further progress in cleaning up its balance sheet. Investors appear to view the move as freeing up more flexibility for future AI-related investments. Western Digital Restructures Convertible Debt via Equity Exchange
• Positive Sentiment: Multiple recent articles highlighted Western Digital as a beneficiary of the AI storage boom, with demand for memory and data storage rising across cloud, AI, IoT, and enterprise markets. 3 Storage Devices Stocks to Buy as the Industry Gains Momentum
• Positive Sentiment: Commentary this week also emphasized that Western Digital’s AI storage trade still has room to run, reinforcing bullish sentiment around the stock’s long-term growth story. Western Digital: The AI Storage Trade Still Has Room To Run
• Neutral Sentiment: Western Digital’s conference appearances kept the company in view, but the headlines did not point to a major new operating update or guidance change. Western Digital Corporation (WDC) Presents at 2026 Evercore Global TMT Conference Transcript
• Neutral Sentiment: Several writeups said Western Digital has strong momentum and all-time highs, but one article argued the stock may already be expensive after a huge run, which tempers the near-term upside case. Up 1,000% in the Past Year, It’s Too Late to Buy Western Digital Stock
• Negative Sentiment: An insider sale by Vidyadhara K. Gubbi was disclosed, which can slightly pressure sentiment even though the sale was small relative to the insider’s remaining holdings. SEC filing for insider sale

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.