Nisa Investment Advisors LLC Raises Holdings in Western Digital Corporation $WDC

Nisa Investment Advisors LLC lifted its stake in Western Digital Corporation (NASDAQ:WDC) by 13.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 100,068 shares of the data storage provider’s stock after acquiring an additional 11,953 shares during the period. Nisa Investment Advisors LLC’s holdings in Western Digital were worth $12,014,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. Advisors Asset Management Inc. increased its stake in Western Digital by 17.0% during the 1st quarter. Advisors Asset Management Inc. now owns 2,059 shares of the data storage provider’s stock valued at $83,000 after purchasing an additional 299 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Western Digital by 252.7% during the first quarter. Integrated Wealth Concepts LLC now owns 15,839 shares of the data storage provider’s stock valued at $640,000 after buying an additional 11,348 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Western Digital by 7.7% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,988 shares of the data storage provider’s stock valued at $1,698,000 after buying an additional 3,019 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Western Digital in the 1st quarter valued at $354,000. Finally, United Services Automobile Association purchased a new position in Western Digital in the 1st quarter worth $316,000. 92.51% of the stock is currently owned by institutional investors and hedge funds.

Western Digital Stock Up 6.8%

Western Digital stock opened at $200.46 on Friday. The business’s 50-day moving average price is $169.97 and its 200 day moving average price is $119.07. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.42. The firm has a market cap of $68.54 billion, a price-to-earnings ratio of 29.18, a price-to-earnings-growth ratio of 1.24 and a beta of 1.78. Western Digital Corporation has a 52 week low of $28.83 and a 52 week high of $221.23.

Western Digital (NASDAQ:WDC) last released its quarterly earnings data on Monday, April 7th. The data storage provider reported $1.78 EPS for the quarter. The business had revenue of $4.10 billion for the quarter. Western Digital had a return on equity of 30.89% and a net margin of 21.37%.Western Digital has set its Q2 2026 guidance at 1.730-2.030 EPS. As a group, sell-side analysts anticipate that Western Digital Corporation will post 4.89 earnings per share for the current year.

Western Digital Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were issued a dividend of $0.125 per share. This represents a $0.50 dividend on an annualized basis and a yield of 0.2%. This is a boost from Western Digital’s previous quarterly dividend of $0.10. The ex-dividend date of this dividend was Thursday, December 4th. Western Digital’s payout ratio is currently 7.28%.

Insider Activity

In other news, Director Roxanne Oulman sold 1,800 shares of the stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $154.42, for a total transaction of $277,956.00. Following the sale, the director directly owned 3,863 shares of the company’s stock, valued at $596,524.46. This represents a 31.79% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Kimberly Alexy sold 1,768 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The shares were sold at an average price of $154.00, for a total value of $272,272.00. Following the sale, the director owned 3,585 shares in the company, valued at $552,090. This trade represents a 33.03% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 26,369 shares of company stock worth $4,013,785 in the last ninety days. Corporate insiders own 0.18% of the company’s stock.

Key Headlines Impacting Western Digital

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

• Positive Sentiment: Intraday institutional order‑flow bullish signal (Power Inflow) triggered near $187.86, drawing buying interest and helping reverse an early pullback. Western Digital Shares Rise 5% After Key Trading Signal
• Positive Sentiment: Higher‑capacity HDDs and hyperscaler demand are cited as the main drivers of revenue growth and outlook improvement, supporting the firm’s core enterprise storage business and margins. Higher Capacity HDDs Drive Western Digital’s Revenue Growth
• Positive Sentiment: Momentum: coverage notes WDC has risen more than 9% YTD and enjoyed very strong gains in 2025, which can attract momentum and growth‑oriented flows. Western Digital Corporation (WDC) Has Risen More Than 9% Since the Start of 2026
• Positive Sentiment: Analyst/earnings setup: previews point to double‑digit EPS growth expectations ahead of Western Digital’s Q2 report, which reinforces the fundamental case for the rally. Western Digital Earnings Preview: What to Expect
• Neutral Sentiment: Unusually high options volume indicates elevated short‑term interest and positioning; could amplify intraday moves but is ambiguous on direction unless one can see call/put skew. Western Digital Sees Unusually High Options Volume (NASDAQ:WDC)
• Neutral Sentiment: Consumer SSD branding updates (WD Black/Blue → SanDisk Optimus collection) are product‑level news that support retail visibility but are unlikely to materially change near‑term enterprise revenue. WD Black and WD Blue gaming SSDs have transformed into the Sandisk Optimus Collection
• Negative Sentiment: Sector froth/risk: commentary on memory and chip stocks running hot raises the risk of an overheated trade and mean‑reversion if macro or AI demand narratives slow. That poses short‑term downside if momentum reverses. Memory Chip Stocks are Red-Hot. Is it Too Late to Buy?

Wall Street Analysts Forecast Growth

WDC has been the topic of several research analyst reports. Zacks Research upgraded Western Digital from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 13th. Wedbush lifted their target price on Western Digital from $90.00 to $135.00 and gave the stock an “outperform” rating in a report on Thursday, October 16th. Cowen reiterated a “buy” rating on shares of Western Digital in a research report on Friday, October 31st. Barclays increased their price target on shares of Western Digital from $105.00 to $200.00 and gave the stock an “overweight” rating in a report on Friday, October 31st. Finally, UBS Group lifted their price objective on shares of Western Digital from $135.00 to $145.00 and gave the company a “neutral” rating in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $177.50.

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.