13,405 Shares in Western Digital Corporation $WDC Acquired by Baader Bank Aktiengesellschaft

Baader Bank Aktiengesellschaft bought a new position in shares of Western Digital Corporation (NASDAQ:WDC) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 13,405 shares of the data storage provider’s stock, valued at approximately $1,465,000.

Several other hedge funds and other institutional investors have also bought and sold shares of WDC. Pure Financial Advisors LLC lifted its stake in shares of Western Digital by 3.1% during the 3rd quarter. Pure Financial Advisors LLC now owns 3,583 shares of the data storage provider’s stock worth $430,000 after purchasing an additional 107 shares during the last quarter. Bogart Wealth LLC raised its holdings in Western Digital by 57.7% in the third quarter. Bogart Wealth LLC now owns 309 shares of the data storage provider’s stock worth $37,000 after purchasing an additional 113 shares in the last quarter. Dynamic Advisor Solutions LLC raised its holdings in Western Digital by 3.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 3,871 shares of the data storage provider’s stock worth $465,000 after purchasing an additional 114 shares in the last quarter. ORG Partners LLC lifted its position in shares of Western Digital by 124.5% during the third quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock valued at $25,000 after buying an additional 117 shares during the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its position in shares of Western Digital by 4.2% during the third quarter. Wilmington Savings Fund Society FSB now owns 2,993 shares of the data storage provider’s stock valued at $359,000 after buying an additional 120 shares during the last quarter. Institutional investors own 92.51% of the company’s stock.

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?

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on the stock. Wedbush reaffirmed an “outperform” rating and issued a $325.00 price objective on shares of Western Digital in a research report on Monday. China Renaissance started coverage on shares of Western Digital in a research note on Friday, December 5th. They issued a “buy” rating and a $193.00 target price for the company. Wells Fargo & Company upped their price target on Western Digital from $260.00 to $335.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. The Goldman Sachs Group set a $250.00 price objective on Western Digital in a report on Tuesday, February 3rd. Finally, Rosenblatt Securities reissued a “buy” rating and issued a $340.00 price objective on shares of Western Digital in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty have given a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $265.58.

Insider Buying and Selling

In other Western Digital news, Director Matthew E. Massengill sold 36,926 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $260.43, for a total transaction of $9,616,638.18. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Cynthia L. Tregillis sold 6,780 shares of the company’s stock in a transaction on 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 completion of the sale, the insider directly owned 136,538 shares in the company, valued at $36,932,163.62. This trade represents a 4.73% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 70,522 shares of company stock worth $17,661,708 in the last quarter. 0.18% of the stock is currently owned by corporate insiders.

Western Digital Price Performance

NASDAQ WDC opened at $262.56 on Wednesday. The company has a market cap of $89.02 billion, a price-to-earnings ratio of 26.34, a PEG ratio of 0.74 and a beta of 1.80. 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 fifty day moving average price is $209.85 and its 200 day moving average price is $147.76. Western Digital Corporation has a 1 year low of $28.83 and a 1 year high of $296.50.

Western Digital (NASDAQ:WDC) last issued its quarterly 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 company 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 was up 25.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.77 EPS. As a group, equities research analysts forecast that Western Digital Corporation will post 4.89 earnings per share for the current year.

Western Digital Announces Dividend

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

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.