Caerus Investment Advisors LLC bought a new position in shares of Western Digital Corporation (NASDAQ:WDC – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 3,086 shares of the data storage provider’s stock, valued at approximately $371,000.
Other hedge funds and other institutional investors also recently modified their holdings of the company. 44 Wealth Management LLC raised its stake in Western Digital by 0.8% during the third quarter. 44 Wealth Management LLC now owns 9,329 shares of the data storage provider’s stock worth $1,120,000 after acquiring an additional 78 shares during the period. Addison Advisors LLC boosted its stake in Western Digital by 7.1% in the third quarter. Addison Advisors LLC now owns 1,281 shares of the data storage provider’s stock valued at $154,000 after acquiring an additional 85 shares during the period. Pure Financial Advisors LLC grew its holdings in shares of Western Digital by 3.1% during the third quarter. Pure Financial Advisors LLC now owns 3,583 shares of the data storage provider’s stock valued at $430,000 after purchasing an additional 107 shares during the last quarter. Bogart Wealth LLC grew its holdings in shares of Western Digital by 57.7% during the third 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 last quarter. Finally, Dynamic Advisor Solutions LLC raised its position in shares of Western Digital by 3.0% during the 3rd 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 during the period. 92.51% of the stock is currently owned by institutional investors and hedge funds.
More Western Digital News
Here are the key news stories impacting Western Digital this week:
- Positive Sentiment: Analysts and market commentators point to constrained supply for 2026 and continued demand upside, with Cantor Fitzgerald highlighting significant further upside on reports WDC is sold out of capacity for next year. Should You Chase the Rally in Western Digital Stock Today?
- Positive Sentiment: Company hit all‑time highs ahead of a quarterly dividend and analysts are increasingly framing WDC as an AI-storage beneficiary; some models hold fair value around $321, supporting the constructive narrative. Western Digital (WDC) Climbs to All-Time High on Dividend Payment How The Western Digital (WDC) Narrative Is Shifting With AI Storage Hopes And Lofty Targets
- Positive Sentiment: Reputation and governance recognition: WDC was named one of the 2026 World’s Most Ethical Companies for the eighth consecutive year — bolsters ESG credentials for institutional holders. Ethisphere Names WD as One of the 2026 World’s Most Ethical Companies® for the Eighth Time
- Positive Sentiment: Long-term institutional interest: commentary notes substantial historical inflows and institutional accumulation trends that support a bullish structural thesis. Beyond Data, Western Digital Stores Institutional Capital
- Neutral Sentiment: Macro and stock-selection reminders: one piece cautions that cash generation alone doesn’t guarantee smart reinvestment — a reminder to evaluate capital allocation. 2 Cash-Producing Stocks to Keep an Eye On and 1 We Question
- Neutral Sentiment: Competition and market structure: Seagate and flash-storage trends are being watched as potential offsets to HDD demand upside; investors should weigh competitive risks. Can Video Data Growth Drive Demand for Seagate’s HDD Portfolio?
- Neutral Sentiment: Broader-market context: commodity moves and Fed/earnings calendars are capping gains in the tape — macro factors that can drive short-term volatility. Dow Jones Futures: Oil Prices Cap Market Gains; Fed Looms, Micron Earnings Could Trigger 8 Buys
- Negative Sentiment: Short-term pullback/profit-taking: commentators note WDC fell more than the broader market on the session, likely reflecting profit-taking after the recent run to all‑time highs and sensitivity to wider market swings. Here’s Why Western Digital (WDC) Fell More Than Broader Market
Wall Street Analyst Weigh In
View Our Latest Report on Western Digital
Insider Buying and Selling at Western Digital
In other news, insider Cynthia L. Tregillis sold 9,324 shares of the firm’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $268.27, for a total transaction of $2,501,349.48. Following the completion of the sale, the insider directly owned 121,682 shares of the company’s stock, valued at $32,643,630.14. This trade represents a 7.12% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Irving Tan sold 20,000 shares of Western Digital stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $255.44, for a total value of $5,108,800.00. Following the completion of the transaction, the chief executive officer owned 623,586 shares in the company, valued at $159,288,807.84. The trade was a 3.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 92,795 shares of company stock worth $24,265,884. 0.18% of the stock is owned by corporate insiders.
Western Digital Price Performance
Shares of NASDAQ WDC opened at $304.90 on Thursday. Western Digital Corporation has a twelve month low of $28.83 and a twelve month high of $319.62. The company has a current ratio of 1.46, a quick ratio of 1.19 and a debt-to-equity ratio of 0.34. The company has a market capitalization of $103.37 billion, a price-to-earnings ratio of 30.58, a PEG ratio of 0.72 and a beta of 1.76. The firm has a 50-day moving average of $261.19 and a two-hundred day moving average of $183.76.
Western Digital (NASDAQ:WDC – Get Free Report) last announced its quarterly earnings data on Thursday, January 29th. The data storage provider reported $2.13 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.93 by $0.20. Western Digital had a net margin of 35.52% and a return on equity of 41.53%. The company had revenue of $3.02 billion for the quarter, compared to analysts’ expectations of $2.93 billion. During the same quarter in the previous year, the company posted $1.77 EPS. The business’s revenue was up 25.2% compared to the same quarter last year. As a group, analysts expect that Western Digital Corporation will post 4.89 earnings per share for the current fiscal year.
Western Digital Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Shareholders of record on Thursday, March 5th were given a $0.125 dividend. The ex-dividend date was Thursday, March 5th. This represents a $0.50 annualized dividend and a yield of 0.2%. Western Digital’s payout ratio is 5.02%.
Western Digital 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.
Further Reading
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