Avior Wealth Management LLC Raises Stock Holdings in Western Digital Corporation $WDC

Avior Wealth Management LLC increased its stake in Western Digital Corporation (NASDAQ:WDC) by 96.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,109 shares of the data storage provider’s stock after purchasing an additional 2,021 shares during the period. Avior Wealth Management LLC’s holdings in Western Digital were worth $708,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. 44 Wealth Management LLC increased its stake in Western Digital by 0.8% in the third quarter. 44 Wealth Management LLC now owns 9,329 shares of the data storage provider’s stock valued at $1,120,000 after acquiring an additional 78 shares during the last quarter. Addison Advisors LLC lifted its stake in Western Digital by 7.1% during the third quarter. Addison Advisors LLC now owns 1,281 shares of the data storage provider’s stock worth $154,000 after purchasing an additional 85 shares during the last quarter. Pure Financial Advisors LLC lifted its stake in 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 worth $430,000 after purchasing an additional 107 shares during the last quarter. Bogart Wealth LLC boosted its holdings in shares of Western Digital by 57.7% in the 3rd 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. Finally, Dynamic Advisor Solutions LLC boosted its holdings in shares of Western Digital by 3.0% in 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 in the last quarter. 92.51% of the stock is owned by hedge funds and other institutional investors.

Western Digital Price Performance

WDC opened at $293.10 on Friday. The stock’s 50 day moving average price is $265.63 and its 200-day moving average price is $186.89. Western Digital Corporation has a 52-week low of $28.83 and a 52-week high of $319.62. The stock has a market capitalization of $99.37 billion, a PE ratio of 29.40, a price-to-earnings-growth ratio of 0.68 and a beta of 1.76. 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 (NASDAQ:WDC) last released its quarterly earnings results on Thursday, January 29th. The data storage provider reported $2.13 earnings per share for the quarter, beating 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 business 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 business posted $1.77 earnings per share. The firm’s revenue for the quarter was up 25.2% compared to the same quarter last year. On average, equities research analysts predict that Western Digital Corporation will post 4.89 EPS for the current year.

Western Digital Announces Dividend

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

More Western Digital News

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

• Positive Sentiment: Hyperscaler partnerships are strengthening revenue visibility for fiscal 2026 and support Western Digital’s high-capacity storage roadmap for AI/data-center customers — a demand-side fundamental that underpins longer-term sales growth. Western Digital’s Hyperscaler Momentum Boosts Revenue Visibility
• Positive Sentiment: Technical momentum remains constructive — analysts and chart watchers cite a recent golden-cross (50-day SMA crossing above 200-day SMA), which can attract trend-following capital and support the stock on pullbacks. These 2 Data Storage Stocks Just Flashed Golden Crosses
• Neutral Sentiment: Valuation and momentum are now front-and-center — recent outsized gains have left investors parsing whether current prices already reflect near-term demand upside; some coverage frames current moves as momentum-driven rather than news-driven. Western Digital (WDC) Valuation Check After Strong Recent Share Price Momentum
• Negative Sentiment: Profit-taking and a “reset” in expectations after the AI-driven run-up appear to be the immediate catalysts; a recent conference presentation was treated by some traders as a sell-the-news event rather than a fresh demand surprise. Additionally, management’s move to monetize remaining SanDisk stake (cash-raising to reduce debt) may be viewed as balance-sheet cleanup rather than an earnings accelerator. Heavy insider selling (many recent open-market sales, few/zero purchases) adds to negative perception. Western Digital (WDC) slides as investors extend a pullback after a sharp AI-driven run-up

Insider Transactions at Western Digital

In related news, insider Cynthia L. Tregillis sold 9,324 shares of the company’s stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $268.27, for a total value of $2,501,349.48. Following the sale, the insider directly owned 121,682 shares of the company’s stock, valued at $32,643,630.14. This represents a 7.12% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Vidyadhara K. Gubbi sold 8,518 shares of the company’s stock in a transaction dated Friday, March 6th. The stock was sold at an average price of $255.32, for a total transaction of $2,174,815.76. Following the completion of the sale, the insider directly owned 99,276 shares in the company, valued at $25,347,148.32. This represents a 7.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 92,795 shares of company stock valued at $24,265,884. Company insiders own 0.18% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently weighed in on WDC shares. Cantor Fitzgerald raised their price objective on Western Digital to $325.00 and gave the company an “overweight” rating in a report on Friday, January 30th. Robert W. Baird set a $310.00 price target on shares of Western Digital in a research report on Monday, February 2nd. Barclays boosted their price objective on shares of Western Digital from $240.00 to $325.00 and gave the stock an “overweight” rating in a report on Friday, January 30th. Mizuho upped their price objective on shares of Western Digital to $340.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. Finally, Wall Street Zen cut shares of Western Digital from a “buy” rating to a “hold” rating in a research report on Saturday, February 21st. One research analyst has rated the stock with a Strong Buy rating, twenty have assigned a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, Western Digital presently has a consensus rating of “Moderate Buy” and a consensus target price of $265.58.

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.