Baader Bank Aktiengesellschaft purchased a new stake in shares of Western Digital Corporation (NASDAQ:WDC – Free Report) in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 13,405 shares of the data storage provider’s stock, valued at approximately $1,465,000.
Other large investors also recently bought and sold shares of the company. ORG Partners LLC grew its stake in shares of Western Digital by 124.5% during the 3rd quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock worth $25,000 after purchasing an additional 117 shares during the period. Private Wealth Management Group LLC lifted its stake in shares of 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 valued at $26,000 after purchasing an additional 202 shares during the period. Rakuten Securities Inc. lifted its stake in shares of Western Digital by 4,070.0% in the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock valued at $27,000 after purchasing an additional 407 shares during the period. NewSquare Capital LLC boosted its holdings in 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 buying an additional 205 shares in the last quarter. Finally, Cullen Frost Bankers Inc. grew 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 buying an additional 204 shares during the period. 92.51% of the stock is owned by institutional investors and hedge funds.
Insider Transactions at Western Digital
In related news, insider Cynthia L. Tregillis sold 6,780 shares of the business’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $270.49, for a total transaction of $1,833,922.20. Following the transaction, the insider directly owned 136,538 shares in the company, valued at approximately $36,932,163.62. The trade was a 4.73% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Irving Tan sold 20,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $255.44, for a total transaction of $5,108,800.00. Following the sale, the chief executive officer directly owned 623,586 shares of the company’s stock, valued at approximately $159,288,807.84. This represents a 3.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 70,522 shares of company stock valued at $17,661,708. Company insiders own 0.18% of the company’s stock.
Analyst Ratings Changes
Check Out Our Latest Research Report on WDC
Western Digital Stock Performance
NASDAQ WDC opened at $262.56 on Wednesday. The company has a debt-to-equity ratio of 0.34, a current ratio of 1.46 and a quick ratio of 1.19. The stock’s 50 day simple moving average is $209.85 and its 200-day simple moving average is $147.76. The company has a market cap of $89.02 billion, a PE ratio of 26.34, a price-to-earnings-growth ratio of 0.74 and a beta of 1.80. Western Digital Corporation has a 1-year low of $28.83 and a 1-year high of $296.50.
Western Digital (NASDAQ:WDC – Get Free Report) last issued its quarterly earnings results on Thursday, January 29th. The data storage provider reported $2.13 EPS for the quarter, topping the consensus estimate of $1.93 by $0.20. The firm had revenue of $3.02 billion during the quarter, compared to analysts’ expectations of $2.93 billion. Western Digital had a return on equity of 41.53% and a net margin of 35.52%.The firm’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the previous year, the business earned $1.77 earnings per share. As a group, equities research analysts anticipate that Western Digital Corporation will post 4.89 EPS for the current fiscal year.
Western Digital Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Stockholders of record on Thursday, March 5th will be given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, March 5th. Western Digital’s dividend payout ratio is 5.02%.
Key Stories Impacting Western Digital
Here are the key news stories impacting Western Digital this week:
- Positive Sentiment: Company AI storage roadmap highlights HDD demand from generative-AI infrastructure, reinforcing Western Digital’s growth runway for higher-capacity drives and validating investor optimism about secular demand. Western Digital AI Storage Roadmap Puts HDD Growth Story In Focus
- Positive Sentiment: Western Digital expanded share‑repurchase capacity with a new ~$4.0B buyback (bringing total buyback capacity to roughly $4.484B), which supports EPS and signals management confidence after a large share run-up. 3 Massive Buybacks That Map the Market’s Mood in 2026 (WDC)
- Positive Sentiment: Gross margins have improved sharply (reported ~46.1% in fiscal Q2, +770 bps YoY), reflecting better product mix, pricing and tight supply — which should support higher profitability going forward. What’s Supporting Western Digital’s Gross Margin Momentum?
- Positive Sentiment: Analysts reaffirm bullish views — Wedbush reiterated an “outperform” rating with a $325 price target — providing upward pressure on medium-term expectations. Wedbush Outperform, $325 PT
- Positive Sentiment: Macro/sector thesis: multiple pieces highlight a memory/HDD supercycle driven by AI that funnels smart money into memory and storage suppliers — supportive for demand and pricing. The Memory Supercycle Is Here—2 Winners From 1 Breakup
- Neutral Sentiment: Western Digital completed redemption of its 2026 senior notes, cutting near-term maturities and simplifying the balance sheet — a credit-positive move but largely expected after prior announcements. Western Digital Completes Redemption of 2026 Senior Notes
- Neutral Sentiment: Context pieces note WDC’s extraordinary prior outperformance (recent multi‑hundred‑percent gains); that strength raises the risk of short‑term profit-taking even as fundamentals improve. What’s Behind The Incredible 500% Surge Of Western Digital Stock?
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.
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