Symphony Financial Ltd. Co. Sells 74,771 Shares of Western Digital Corporation $WDC

Symphony Financial Ltd. Co. trimmed its position in shares of Western Digital Corporation (NASDAQ:WDC) by 95.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 3,572 shares of the data storage provider’s stock after selling 74,771 shares during the period. Symphony Financial Ltd. Co.’s holdings in Western Digital were worth $424,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in WDC. Pure Financial Advisors LLC raised its stake in shares of Western Digital by 3.1% in 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 in the last quarter. Bogart Wealth LLC boosted its holdings in 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 in the last quarter. Dynamic Advisor Solutions LLC raised its stake in Western Digital by 3.0% during the third quarter. Dynamic Advisor Solutions LLC now owns 3,871 shares of the data storage provider’s stock worth $465,000 after acquiring an additional 114 shares in the last quarter. ORG Partners LLC increased its position in shares of Western Digital by 124.5% during the 3rd quarter. ORG Partners LLC now owns 211 shares of the data storage provider’s stock worth $25,000 after purchasing an additional 117 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB lifted its holdings in Western Digital by 4.2% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 2,993 shares of the data storage provider’s stock valued at $359,000 after purchasing an additional 120 shares during the last quarter. 92.51% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on WDC shares. Bank of America upped their price target on Western Digital from $197.00 to $257.00 and gave the company a “buy” rating in a research note on Tuesday, January 20th. Wedbush upped their price objective on Western Digital from $90.00 to $135.00 and gave the company an “outperform” rating in a report on Thursday, October 16th. UBS Group boosted their price objective on shares of Western Digital from $145.00 to $230.00 and gave the company a “neutral” rating in a report on Tuesday. Rosenblatt Securities increased their price target on Western Digital from $165.00 to $270.00 and gave the stock a “buy” rating in a report on Tuesday, January 20th. Finally, China Renaissance assumed coverage on shares of Western Digital in a report on Friday, December 5th. They set a “buy” rating and a $193.00 target price on the stock. One equities research analyst has rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $206.29.

Western Digital Stock Performance

NASDAQ:WDC opened at $236.39 on Friday. The company has a current ratio of 1.21, a quick ratio of 0.94 and a debt-to-equity ratio of 0.42. The stock has a 50 day simple moving average of $182.54 and a 200 day simple moving average of $130.31. Western Digital Corporation has a 1-year low of $28.83 and a 1-year high of $247.94. The stock has a market cap of $80.82 billion, a P/E ratio of 34.41, a PEG ratio of 1.13 and a beta of 1.78.

Western Digital (NASDAQ:WDC) last released its earnings results on Thursday, October 30th. The data storage provider reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.57 by $0.21. The company had revenue of $2.82 billion for the quarter, compared to analyst estimates of $2.72 billion. Western Digital had a return on equity of 30.89% and a net margin of 21.37%.Western Digital’s quarterly revenue was up 27.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.78 EPS. Western Digital has set its Q2 2026 guidance at 1.730-2.030 EPS. Research analysts anticipate that Western Digital Corporation will post 4.89 earnings per share for the current year.

Western Digital Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 18th. Investors of record on Thursday, December 4th were paid a $0.125 dividend. This is an increase from Western Digital’s previous quarterly dividend of $0.10. This represents a $0.50 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, December 4th. Western Digital’s payout ratio is presently 7.28%.

Key Stories Impacting Western Digital

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

• Positive Sentiment: Multiple analyst upgrades and sizable price‑target increases (Citigroup, Rosenblatt, Bank of America and others) have lifted sentiment and supported the rally into record highs. Forget the Chips, Buy Memory
• Positive Sentiment: AI-driven demand is rotating investor money from GPUs to storage — institutional flow into NAND/SSD and HDD suppliers is increasing pricing power and revenue visibility for WDC’s data‑center HDDs and SSD roadmap. AI-money moving to storage
• Positive Sentiment: WDC has strong recent earnings‑surprise history and Wall Street expects continued earnings growth; that raises the chance of another beat at the upcoming quarterly report. Will WDC beat estimates?
• Neutral Sentiment: Corporate cadence: WDC is hosting an Innovation Day and has raised its dividend — both can reinforce the narrative but are event‑driven and dependent on execution/communication. Innovation Day / dividend context
• Neutral Sentiment: Insider activity: a small officer sale (447 shares) was disclosed; size and frequency indicate routine liquidity rather than management signaling. SEC filing
• Negative Sentiment: Price pullback today amid broader market strength — traders appear to be taking profits after WDC hit fresh 52‑week/all‑time highs. WDC stock dips while market gains
• Negative Sentiment: Valuation and cycle risk concerns: several commentators warn the rally could be stretched and exposed to a pullback if supply/pricing dynamics normalize or AI demand growth slows. Pullback risk analysis

Insider Buying and Selling

In other Western Digital news, insider Cynthia L. Tregillis sold 447 shares of the business’s stock in a transaction that occurred on Wednesday, January 21st. The stock was sold at an average price of $229.00, for a total value of $102,363.00. Following the transaction, the insider directly owned 143,318 shares of the company’s stock, valued at approximately $32,819,822. The trade was a 0.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Roxanne Oulman sold 1,800 shares of the firm’s stock in a transaction dated 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 of the company’s stock, valued at approximately $596,524.46. This represents a 31.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 26,816 shares of company stock valued at $4,116,148. Insiders own 0.18% of the company’s stock.

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.