Western Digital Corp (NASDAQ: WDC) is 12.21% higher on its value in year-to-date trading and has touched a low of $28.83 and a high of $63.76 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The WDC stock was last observed hovering at around $63.29 in the last trading session, with the day’s gains setting it 7809936.71%.
Currently trading at $7810000.0, the stock is 10.21% and 26.52% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.07 million and changing 1.11% at the moment leaves the stock 31.76% off its SMA200. WDC registered 42.02% gain for a year compared to 6-month gain of 37.25%. The firm has a 50-day simple moving average (SMA 50) of $50.5752 and a 200-day simple moving average (SMA200) of $48.573547.
The stock witnessed a 21.77% loss in the last 1 month and extending the period to 3 months gives it a 57.53%, and is 5.98% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.93% over the week and 2.55% over the month.
Western Digital Corp (WDC) has around 51000 employees, a market worth around $22.32B and $14.44B in sales. Current P/E ratio is 12.17 and Fwd P/E is 11.59. Profit margin for the company is 12.97%. Distance from 52-week low is 121.96% and 0.36% from its 52-week high. The company has generated returns on investments over the last 12 months (17.95%).
The EPS is expected to grow by 3464.07% this year.
Western Digital Corp (WDC) Top Institutional Holders
991.0 institutions hold shares in Western Digital Corp (WDC), with institutional investors hold 105.13% of the company’s shares. The shares outstanding are 349.00M, and float is at 345.47M with Short Float at 10.02%. Institutions hold 104.34% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 38.83 million shares valued at $2.94 billion. The investor’s holdings represent 11.6601% of the WDC Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 28.09 million shares valued at $2.13 billion to account for 8.434 of the shares outstanding. The other top investors are FMR LLC which holds 20.57 million shares representing 6.1781% and valued at over $1.56 billion, while BANK OF AMERICA CORP /DE/ holds 4.5789 of the shares totaling 15.25 million with a market value of $1.16 billion.
Western Digital Corp (WDC) Insider Activity
The most recent transaction is an insider sale by Zamiska Gene M., the company’s SVP & Princ. Acctg Officer. SEC filings show that Zamiska Gene M. sold 245 shares of the company’s common stock on Jun 17 ’25 at a price of $58.01 per share for a total of $14212.0. Following the sale, the insider now owns 39604.0 shares.
Still, SEC filings show that on Jun 05 ’25, Zamiska Gene M. (SVP & Princ. Acctg Officer) disposed off 1,729 shares at an average price of $54.88 for $94888.0. The insider now directly holds 40,089 shares of Western Digital Corp (WDC).
