Machina Capital S.A.S. Takes $2.57 Million Position in Western Digital Corporation $WDC

Machina Capital S.A.S. purchased a new position in Western Digital Corporation (NASDAQ:WDC) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm purchased 21,387 shares of the data storage provider’s stock, valued at approximately $2,568,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. ORG Partners LLC increased 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 worth $25,000 after acquiring an additional 117 shares during the period. Private Wealth Management Group LLC grew its stake in Western Digital by 102.5% in the second quarter. Private Wealth Management Group LLC now owns 399 shares of the data storage provider’s stock worth $26,000 after purchasing an additional 202 shares in the last quarter. Rakuten Securities Inc. increased its holdings in Western Digital by 4,070.0% during the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 407 shares during the period. NewSquare Capital LLC raised its position in Western Digital by 86.9% during the 2nd quarter. NewSquare Capital LLC now owns 441 shares of the data storage provider’s stock valued at $28,000 after purchasing an additional 205 shares in the last quarter. Finally, Cullen Frost Bankers Inc. raised its position in Western Digital by 551.4% during the 3rd quarter. Cullen Frost Bankers Inc. now owns 241 shares of the data storage provider’s stock valued at $29,000 after purchasing an additional 204 shares in the last quarter. Institutional investors own 92.51% of the company’s stock.

Western Digital Stock Up 7.4%

NASDAQ:WDC opened at $290.24 on Wednesday. The company’s 50-day simple moving average is $198.69 and its 200-day simple moving average is $140.59. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.19 and a current ratio of 1.46. Western Digital Corporation has a fifty-two week low of $28.83 and a fifty-two week high of $296.50. The stock has a market capitalization of $98.40 billion, a P/E ratio of 29.11, a P/E/G ratio of 0.80 and a beta of 1.80.

Western Digital (NASDAQ:WDC) last posted its earnings results on Thursday, January 29th. The data storage provider reported $2.13 EPS for the quarter, beating 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 net margin of 35.52% and a return on equity of 41.53%. Western Digital’s revenue for the quarter was up 25.2% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.77 earnings per share. On average, equities analysts anticipate that Western Digital Corporation will post 4.89 earnings per share for the current fiscal year.

Western Digital Announces Dividend

The firm also recently disclosed 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. The ex-dividend date of this dividend is Thursday, March 5th. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.2%. Western Digital’s dividend payout ratio (DPR) is presently 5.02%.

Insider Buying and Selling

In other Western Digital news, Director Kimberly Alexy sold 1,768 shares of the firm’s stock in a transaction dated Tuesday, November 25th. The stock was sold at an average price of $154.00, for a total value of $272,272.00. Following the completion of the sale, the director owned 3,585 shares of the company’s stock, valued at approximately $552,090. This trade represents a 33.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Cynthia L. Tregillis sold 2,801 shares of the company’s stock in a transaction dated Tuesday, December 2nd. The shares were sold at an average price of $160.57, for a total transaction of $449,756.57. Following the transaction, the insider owned 144,596 shares in the company, valued at approximately $23,217,779.72. This trade represents a 1.90% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,816 shares of company stock worth $1,102,348 in the last ninety days. 0.18% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

WDC has been the topic of a number of recent research reports. Barclays increased their price target on Western Digital to $325.00 and gave the stock an “overweight” rating in a research report on Friday. Mizuho set a $325.00 target price on shares of Western Digital in a report on Friday. Loop Capital raised their target price on shares of Western Digital to $250.00 and gave the company a “buy” rating in a research report on Monday, November 10th. Bank of America upped their price target on shares of Western Digital from $197.00 to $257.00 and gave the stock a “buy” rating in a research report on Tuesday, January 20th. Finally, Argus set a $300.00 price objective on shares of Western Digital in a research note on Tuesday. One equities research analyst has rated the stock with a Strong Buy rating, twenty have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $258.71.

Key Western Digital News

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

• Positive Sentiment: Board authorizes an additional $4 billion share repurchase, signaling management confidence and immediate capital-return support for the stock. Western Digital adds $4 billion to buyback plan as AI boosts memory chip sales
• Positive Sentiment: At Innovation Day 2026 WDC unveiled an AI-focused storage roadmap (100TB+ HDD path, capacity/performance/power gains) that addresses hyperscaler cold-storage needs and supports longer-term revenue/margin expansion. Western Digital Accelerates Storage Innovation for AI Era
• Positive Sentiment: Industry press highlights specific HDD advances (100TB roadmap, UltraSMR adoption) that improve WDC’s addressable market for AI data lakes and cloud customers — reinforces the product credibility behind the company’s growth thesis. WD Unveils Hard Drive Road Map: 100-TB-Plus Capacity, AI-Focused Innovations
• Positive Sentiment: Recent earnings beat and upbeat guidance (strong revenue and EPS vs. estimates) underpin the rally — analysts and thematic investors are treating WDC as a core play on the memory/storage supercycle tied to AI. 2 Computer Storage Device Stocks to Buy on Solid Earnings & Guidance
• Positive Sentiment: Analyst bullishness continues: Citi and other firms have raised price targets and ratings after the company update and earnings, adding institutional momentum. Benzinga (price target raise)
• Positive Sentiment: Executive/market commentary (Barron’s, others) frames the sector-wide lift — WDC’s CFO and management messaging that “all boats are rising” supports sentiment across memory and storage names. ‘All Boats Are Rising’ in Data and Memory, Says Western Digital’s CFO. Just Look at the Stocks.
• Neutral Sentiment: Macro/industry analysis (MarketBeat) argues a memory “supercycle” supports WDC, but notes wafer/supply dynamics and longer-term cycle risk — worth monitoring for potential volatility as capacity and pricing evolve. The Memory Supercycle Is Here—2 Winners From 1 Breakup

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.