Western Digital (NASDAQ: WDC) has recently received a number of price target changes and ratings updates:
- 10/13/2026 – Western Digital was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 10/12/2026 – Western Digital had its price target lowered by UBS Group AG from $525.00 to $470.00. They now have a “neutral” rating on the stock.
- 10/5/2026 – Western Digital was downgraded by Zacks Research from “strong-buy” to “hold”.
- 9/28/2026 – Western Digital was upgraded by Weiss Ratings from “hold (c+)” to “buy (b-)”.
- 9/9/2026 – Western Digital was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
- 8/16/2026 – Western Digital was downgraded by Wall Street Zen from “strong-buy” to “buy”.
Western Digital Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Thursday, September 17th. Shareholders of record on Tuesday, September 8th were paid a dividend of $0.15 per share. The ex-dividend date was Tuesday, September 8th. This represents a $0.60 dividend on an annualized basis and a yield of 0.2%. Western Digital’s dividend payout ratio (DPR) is presently 2.48%.
Insider Buying and Selling at Western Digital
In other news, CEO Irving Tan sold 20,000 shares of the firm’s stock in a transaction on Tuesday, August 11th. The shares were sold at an average price of $444.97, for a total transaction of $8,899,400.00. Following the sale, the chief executive officer directly owned 575,966 shares in the company, valued at $256,287,591.02. This trade represents a 3.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vidyadhara K. Gubbi sold 1,795 shares of Western Digital stock in a transaction on Friday, September 4th. The shares were sold at an average price of $459.87, for a total transaction of $825,466.65. Following the transaction, the insider owned 80,571 shares in the company, valued at approximately $37,052,185.77. This trade represents a 2.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 25,437 shares of company stock valued at $11,461,345 over the last 90 days. 0.20% of the stock is currently owned by corporate insiders.
Western Digital Corporation (NASDAQ: WDC) develops, manufactures and supplies data-storage products and solutions. The company’s portfolio is centered on hard disk drives (HDDs) used in cloud and enterprise data centers, personal computers, network-attached storage systems and other applications that require high-capacity data storage.
Western Digital markets products under brands including Western Digital, WD and Ultrastar. Its offerings include enterprise and data-center HDDs, storage products for business and consumer systems, and related technologies designed to help organizations store, manage and access large volumes of data.
Founded in 1970, Western Digital has evolved from a maker of electronic components into a global data-storage company.
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