Western Digital Corporation $WDC Stake Cut by UniSuper Management Pty Ltd

UniSuper Management Pty Ltd decreased its holdings in shares of Western Digital Corporation (NASDAQ:WDC) by 10.9% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 77,717 shares of the data storage provider’s stock after selling 9,471 shares during the period. UniSuper Management Pty Ltd’s holdings in Western Digital were worth $9,331,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. ORG Partners LLC raised its stake in Western Digital by 124.5% during the third quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock worth $25,000 after acquiring an additional 117 shares during the period. Grove Bank & Trust bought a new position in shares of Western Digital during the third quarter valued at approximately $30,000. Westfuller Advisors LLC acquired a new stake in shares of Western Digital during the 3rd quarter worth approximately $30,000. JNBA Financial Advisors bought a new stake in shares of Western Digital in the 3rd quarter worth approximately $34,000. Finally, Bogart Wealth LLC boosted its position in Western Digital by 57.7% during the 3rd quarter. Bogart Wealth LLC now owns 309 shares of the data storage provider’s stock valued at $37,000 after purchasing an additional 113 shares during the period. 92.51% of the stock is currently owned by institutional investors.

Western Digital Stock Down 2.8%

Western Digital stock opened at $236.39 on Friday. Western Digital Corporation has a 52 week low of $28.83 and a 52 week high of $247.94. The stock has a market cap of $80.82 billion, a price-to-earnings ratio of 34.41, a PEG ratio of 1.13 and a beta of 1.78. The company’s 50-day moving average price is $182.54 and its two-hundred day moving average price is $130.31. The company has a current ratio of 1.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.42.

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

Western Digital Increases Dividend

The company also recently declared 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. This is a boost from Western Digital’s previous quarterly dividend of $0.10. The ex-dividend date was Thursday, December 4th. This represents a $0.50 annualized dividend and a dividend yield of 0.2%. Western Digital’s payout ratio is 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

Insider Transactions at Western Digital

In related news, insider Cynthia L. Tregillis sold 447 shares of Western Digital stock in a transaction dated Wednesday, January 21st. The stock was sold at an average price of $229.00, for a total transaction of $102,363.00. Following the transaction, the insider directly owned 143,318 shares of the company’s stock, valued at $32,819,822. The trade was a 0.31% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Irving Tan sold 20,000 shares of the business’s stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $150.69, for a total transaction of $3,013,800.00. Following the completion of the sale, the chief executive officer owned 645,467 shares in the company, valued at approximately $97,265,422.23. This trade represents a 3.01% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 26,816 shares of company stock worth $4,116,148 over the last 90 days. 0.18% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have weighed in on WDC shares. Morgan Stanley increased their target price on Western Digital to $260.00 and gave the stock an “overweight” rating in a research report on Thursday. Robert W. Baird set a $180.00 price target on shares of Western Digital in a research report on Friday, October 31st. Citigroup lifted their price objective on shares of Western Digital from $200.00 to $280.00 and gave the company a “buy” rating in a research report on Tuesday. The Goldman Sachs Group reissued a “neutral” rating and set a $165.00 target price on shares of Western Digital in a research note on Friday, January 9th. Finally, UBS Group raised their price target on shares of Western Digital from $145.00 to $230.00 and gave the company a “neutral” rating in a research note on Tuesday. One research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $206.29.

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.