Venturi Wealth Management LLC Buys New Position in Western Digital Corporation $WDC

Venturi Wealth Management LLC bought a new stake in Western Digital Corporation (NASDAQ:WDC) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 3,018 shares of the data storage provider’s stock, valued at approximately $362,000.

Several other hedge funds also recently made changes to their positions in the business. Grove Bank & Trust bought a new stake in shares of Western Digital in the third quarter worth $30,000. True Wealth Design LLC grew its position in Western Digital by 131.9% in the third quarter. True Wealth Design LLC now owns 385 shares of the data storage provider’s stock valued at $46,000 after purchasing an additional 219 shares in the last quarter. Private Wealth Management Group LLC increased its stake in Western Digital by 102.5% in the 2nd quarter. Private Wealth Management Group LLC now owns 399 shares of the data storage provider’s stock valued at $26,000 after buying an additional 202 shares during the last quarter. Rakuten Securities Inc. lifted its position in Western Digital by 4,070.0% during the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after buying an additional 407 shares in the last quarter. Finally, NewSquare Capital LLC lifted its position in Western Digital by 86.9% during the 2nd quarter. NewSquare Capital LLC now owns 441 shares of the data storage provider’s stock worth $28,000 after buying an additional 205 shares in the last quarter. 92.51% of the stock is owned by institutional investors.

Western Digital Stock Performance

WDC opened at $200.46 on Friday. The company has a quick ratio of 0.94, a current ratio of 1.21 and a debt-to-equity ratio of 0.42. Western Digital Corporation has a 12-month low of $28.83 and a 12-month high of $221.23. The business has a 50 day moving average of $169.97 and a 200-day moving average of $119.07. The stock has a market cap of $68.54 billion, a price-to-earnings ratio of 29.18, a PEG ratio of 1.24 and a beta of 1.78.

Western Digital (NASDAQ:WDC) last posted its earnings results on Monday, April 7th. The data storage provider reported $1.78 earnings per share for the quarter. Western Digital had a return on equity of 30.89% and a net margin of 21.37%.The business had revenue of $4.10 billion for the quarter. Western Digital has set its Q2 2026 guidance at 1.730-2.030 EPS. On average, equities research analysts expect 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. Stockholders of record on Thursday, December 4th were given a $0.125 dividend. The ex-dividend date of this dividend was Thursday, December 4th. This is a boost from Western Digital’s previous quarterly dividend of $0.10. This represents a $0.50 annualized dividend and a dividend yield of 0.2%. Western Digital’s payout ratio is currently 7.28%.

Key Western Digital News

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

• Positive Sentiment: Intraday institutional order‑flow bullish signal (Power Inflow) triggered near $187.86, drawing buying interest and helping reverse an early pullback. Western Digital Shares Rise 5% After Key Trading Signal
• Positive Sentiment: Higher‑capacity HDDs and hyperscaler demand are cited as the main drivers of revenue growth and outlook improvement, supporting the firm’s core enterprise storage business and margins. Higher Capacity HDDs Drive Western Digital’s Revenue Growth
• Positive Sentiment: Momentum: coverage notes WDC has risen more than 9% YTD and enjoyed very strong gains in 2025, which can attract momentum and growth‑oriented flows. Western Digital Corporation (WDC) Has Risen More Than 9% Since the Start of 2026
• Positive Sentiment: Analyst/earnings setup: previews point to double‑digit EPS growth expectations ahead of Western Digital’s Q2 report, which reinforces the fundamental case for the rally. Western Digital Earnings Preview: What to Expect
• Neutral Sentiment: Unusually high options volume indicates elevated short‑term interest and positioning; could amplify intraday moves but is ambiguous on direction unless one can see call/put skew. Western Digital Sees Unusually High Options Volume (NASDAQ:WDC)
• Neutral Sentiment: Consumer SSD branding updates (WD Black/Blue → SanDisk Optimus collection) are product‑level news that support retail visibility but are unlikely to materially change near‑term enterprise revenue. WD Black and WD Blue gaming SSDs have transformed into the Sandisk Optimus Collection
• Negative Sentiment: Sector froth/risk: commentary on memory and chip stocks running hot raises the risk of an overheated trade and mean‑reversion if macro or AI demand narratives slow. That poses short‑term downside if momentum reverses. Memory Chip Stocks are Red-Hot. Is it Too Late to Buy?

Insider Activity at Western Digital

In other news, Director Kimberly Alexy sold 1,768 shares of the business’s stock in a transaction that occurred on Tuesday, November 25th. The stock was sold at an average price of $154.00, for a total transaction of $272,272.00. Following the completion of the sale, the director owned 3,585 shares in the company, valued at $552,090. The trade was a 33.03% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Roxanne Oulman sold 1,800 shares of the company’s stock in a transaction that occurred on 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 transaction, the director directly owned 3,863 shares in the company, valued at $596,524.46. The trade was a 31.79% decrease in their position. The SEC filing for this sale provides additional information. In the last quarter, insiders have sold 26,369 shares of company stock worth $4,013,785. 0.18% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

WDC has been the subject of several analyst reports. Cowen restated a “buy” rating on shares of Western Digital in a report on Friday, October 31st. Zacks Research raised Western Digital from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 13th. The Goldman Sachs Group restated a “neutral” rating and issued a $165.00 price target on shares of Western Digital in a research note on Friday. Sanford C. Bernstein raised Western Digital to a “hold” rating in a research report on Tuesday, September 16th. Finally, Susquehanna reissued a “neutral” rating and issued a $135.00 price objective on shares of Western Digital in a report on Thursday, November 6th. One investment analyst has rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $177.50.

About Western Digital

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.