In last trading session, Western Digital Corp (NASDAQ:WDC) saw 4.78 million shares changing hands with its beta currently measuring 1.58. Company’s recent per share price level of $66.53 trading at -$1.0 or -1.48% at ring of the bell on the day assigns it a market valuation of $23.21B. That closing price of WDC’s stock is at a discount of -2.3% from its 52-week high price of $68.06 and is indicating a premium of 56.67% from its 52-week low price of $28.83. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 6.12 million shares which gives us an average trading volume of 6.56 million if we extend that period to 3-months.
For Western Digital Corp (WDC), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.52. Splitting up the data highlights that, out of 19 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 3 suggested the stock as a Hold whereas 16 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.
Western Digital Corp (NASDAQ:WDC) trade information
Upright in the red during last session for losing -1.48%, in the last five days WDC remained trading in the green while hitting it’s week-highest on Tuesday, 07/15/25 when the stock touched $66.53 price level, adding 2.25% to its value on the day. Western Digital Corp’s shares saw a change of 11.78% in year-to-date performance and have moved 2.92% in past 5-day. Western Digital Corp (NASDAQ:WDC) showed a performance of 19.44% in past 30-days. Number of shares sold short was 34.61 million shares which calculate 5.38 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 57.5 to the stock, which implies a fall of -15.7% to its current value. Analysts have been projecting 50 as a low price target for the stock while placing it at a high target of 65. It follows that stock’s current price would jump 24.85% in reaching the projected high whereas dropping to the targeted low would mean a gain of 24.85% for stock’s current value.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -0.24% during past 5 years.
WDC Dividends
Western Digital Corp is more likely to be releasing its next quarterly report on 2025-Apr-30 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 0.15%, the share has a forward dividend of 0.10 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 3.23%.
Western Digital Corp (NASDAQ:WDC)’s Major holders
Insiders are in possession of 0.75% of company’s total shares while institution are holding 104.36 percent of that, with stock having share float percentage of 105.14%. Investors also watch the number of corporate investors in a company very closely, which is 104.36% institutions for Western Digital Corp that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at WDC for having 38.83 million shares of worth $2.94 billion. And as of 2024-06-30, it was holding 11.6601 of the company’s outstanding shares.
The second largest institutional holder is BLACKROCK INC., which was holding about 28.09 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.434 of outstanding shares, having a total worth of $2.13 billion.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and Fidelity Select Portfolios-Semiconductors Portfolio are the top two Mutual Funds which own company’s shares. As of Mar 31, 2025 , the former fund manager was holding 11.0 shares of worth $731.87 million or 3.15% of the total outstanding shares. The later fund manager was in possession of 10.39 shares on May 31, 2025 , making its stake of worth around $691.08 million in the company or a holder of 2.98% of company’s stock.
