Western Digital Corporation $WDC Shares Bought by Osaic Holdings Inc.

Osaic Holdings Inc. boosted its position in Western Digital Corporation (NASDAQ:WDC) by 26.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 22,460 shares of the data storage provider’s stock after buying an additional 4,719 shares during the period. Osaic Holdings Inc.’s holdings in Western Digital were worth $1,326,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the company. Private Wealth Management Group LLC increased its stake in Western Digital by 102.5% during the 2nd quarter. Private Wealth Management Group LLC now owns 399 shares of the data storage provider’s stock worth $26,000 after buying an additional 202 shares in the last quarter. Rakuten Securities Inc. raised its position in Western Digital by 4,070.0% in the second 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 lifted its stake in Western Digital by 86.9% during the 2nd quarter. NewSquare Capital LLC now owns 441 shares of the data storage provider’s stock worth $28,000 after acquiring an additional 205 shares in the last quarter. CNB Bank purchased a new position in Western Digital during the 2nd quarter valued at about $37,000. Finally, Manchester Capital Management LLC grew its position in Western Digital by 47.2% in the 2nd quarter. Manchester Capital Management LLC now owns 577 shares of the data storage provider’s stock valued at $37,000 after acquiring an additional 185 shares in the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.

Western Digital Price Performance

Shares of NASDAQ:WDC opened at $172.27 on Thursday. The company has a market cap of $58.90 billion, a P/E ratio of 25.08, a P/E/G ratio of 1.09 and a beta of 1.82. Western Digital Corporation has a 52 week low of $28.83 and a 52 week high of $188.77. 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 business has a fifty day simple moving average of $161.59 and a 200-day simple moving average of $112.50.

Western Digital (NASDAQ:WDC) last announced its quarterly earnings results on Monday, April 7th. The data storage provider reported $1.78 EPS for the quarter. Western Digital had a return on equity of 30.89% and a net margin of 21.37%.The company had revenue of $4.10 billion during the quarter. Equities research analysts forecast that Western Digital Corporation will post 4.89 EPS for the current year.

Western Digital Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Shareholders of record on Thursday, December 4th were given a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, December 4th. This is an increase from Western Digital’s previous quarterly dividend of $0.10. Western Digital’s dividend payout ratio is currently 7.28%.

Insiders Place Their Bets

In related news, Director Roxanne Oulman sold 1,800 shares of Western Digital stock in a transaction on Tuesday, November 25th. The shares were sold at an average price of $154.42, for a total value of $277,956.00. Following the completion of the sale, the director owned 3,863 shares in the company, valued at approximately $596,524.46. The trade was a 31.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Irving Tan sold 20,000 shares of the firm’s stock in a transaction on 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 transaction, the chief executive officer directly owned 645,467 shares of the company’s stock, valued at approximately $97,265,422.23. This represents a 3.01% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 26,369 shares of company stock valued at $4,013,785 over the last ninety days. Insiders own 0.18% of the company’s stock.

Key Stores Impacting Western Digital

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

• Positive Sentiment: Big Tech accumulation: Reports say large cloud/tech customers are quietly buying WDC shares as Western Digital positions itself as a “landlord” for exploding long‑term data storage needs tied to AI and hyperscale data centers. Why Big Tech Is Quietly Buying Western Digital Stock
• Positive Sentiment: Top performer on AI hardware theme: Multiple outlets note WDC was one of 2025’s best performers (roughly +290% YTD) as HDDs became critical for large‑scale AI training/archival storage; that momentum supports continued revenue and pricing power. The 3 Stocks That Crushed the S&P 500 in 2025
• Positive Sentiment: Earnings and demand evidence: Coverage highlights recent beats and double‑digit revenue growth tied to enterprise HDD demand, reinforcing the bullish narrative for capacity‑focused storage. Trade Desk, Western Digital: Here Are Some of 2025’s Biggest Stock Movers
• Neutral Sentiment: Market recognition: End‑of‑year wrapups (Barron’s, 24/7 Wall St., Zacks) highlight WDC’s leadership among storage names — useful context for investors but not new operational data. Western Digital Ends 2025 as the S&P 500’s Best Stock
• Negative Sentiment: Valuation and “too late?” debate: Several analysts and articles question whether upside remains after the massive run and urge caution on valuation and timing — a driver of short‑term selling or consolidation. Western Digital stock forecast — what lies ahead for WDC in 2026?

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the stock. Mizuho set a $180.00 target price on shares of Western Digital in a report on Wednesday, December 17th. Zacks Research raised Western Digital from a “hold” rating to a “strong-buy” rating in a report on Monday, October 13th. Cowen reaffirmed a “buy” rating on shares of Western Digital in a report on Friday, October 31st. UBS Group increased their price objective on Western Digital from $135.00 to $145.00 and gave the company a “neutral” rating in a report on Friday, October 31st. Finally, Cantor Fitzgerald restated an “overweight” rating and set a $250.00 target price on shares of Western Digital in a research note on Tuesday, December 16th. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $173.65.

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.