Western Digital Corporation (WDC) is up 4.4% today. Here is some analysis on what might have caused this price movement.
Analysis: The move appears tied to news that Western Digital is monetizing a large portion of its remaining stake in Sandisk via a secondary offering and a related debt-for-equity exchange. Investors likely viewed the transaction as a balance-sheet positive that accelerates deleveraging and could increase future financial flexibility.
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Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.
$WDC Insider Trading Activity
$WDC insiders have traded $WDC stock on the open market 68 times in the past 6 months. Of those trades, 0 have been purchases and 68 have been sales.
Here’s a breakdown of recent trading of $WDC stock by insiders over the last 6 months:
- MATTHEW E MASSENGILL has made 0 purchases and 11 sales selling 36,926 shares for an estimated $9,616,465.
- IRVING TAN (Chief Executive Officer) has made 0 purchases and 23 sales selling 40,000 shares for an estimated $8,122,615.
- VIDYADHARA K GUBBI (Chief of Global Operations) has made 0 purchases and 4 sales selling 34,163 shares for an estimated $4,747,384.
- CYNTHIA L TREGILLIS (Chief Legal Officer & Corp Sec) has made 0 purchases and 4 sales selling 24,095 shares for an estimated $3,437,966.
- MARTIN I COLE has made 0 purchases and 19 sales selling 16,000 shares for an estimated $2,588,908.
- KIMBERLY ALEXY has made 0 purchases and 2 sales selling 3,768 shares for an estimated $592,436.
- GENE M. ZAMISKA (SVP & Princ. Acctg Officer) has made 0 purchases and 4 sales selling 6,155 shares for an estimated $468,791.
- ROXANNE OULMAN sold 1,800 shares for an estimated $277,956
To track insider transactions, check out Quiver Quantitative’s insider trading dashboard.
$WDC Hedge Fund Activity
We have seen 672 institutional investors add shares of $WDC stock to their portfolio, and 465 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BANK OF AMERICA CORP /DE/ removed 10,316,359 shares (-46.1%) from their portfolio in Q4 2025, for an estimated $1,777,199,164
- FMR LLC added 10,037,079 shares (+42.2%) to their portfolio in Q4 2025, for an estimated $1,729,087,599
- UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 7,791,559 shares (-73.5%) from their portfolio in Q4 2025, for an estimated $1,342,251,868
- D. E. SHAW & CO., INC. added 6,718,155 shares (+231.1%) to their portfolio in Q3 2025, for an estimated $806,581,689
- IMPACTIVE CAPITAL LP removed 3,571,435 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $428,786,486
- HOLOCENE ADVISORS, LP removed 3,265,562 shares (-59.0%) from their portfolio in Q3 2025, for an estimated $392,063,373
- UBS GROUP AG removed 2,779,175 shares (-37.9%) from their portfolio in Q4 2025, for an estimated $478,768,477
To track hedge funds’ stock portfolios, check out Quiver Quantitative’s institutional holdings dashboard.
$WDC Analyst Ratings
Wall Street analysts have issued reports on $WDC in the last several months. We have seen 15 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Mizuho issued a “Outperform” rating on 02/04/2026
- Wedbush issued a “Outperform” rating on 01/30/2026
- Cantor Fitzgerald issued a “Overweight” rating on 01/30/2026
- Wells Fargo issued a “Overweight” rating on 01/30/2026
- Morgan Stanley issued a “Overweight” rating on 01/22/2026
- B of A Securities issued a “Buy” rating on 01/20/2026
- Rosenblatt issued a “Buy” rating on 01/20/2026
To track analyst ratings and price targets for $WDC, check out Quiver Quantitative’s $WDC forecast page.
$WDC Price Targets
Multiple analysts have issued price targets for $WDC recently. We have seen 20 analysts offer price targets for $WDC in the last 6 months, with a median target of $253.5.
Here are some recent targets:
- Matt Bryson from Wedbush set a target price of $325.0 on 02/09/2026
- Kevin Cassidy from Rosenblatt set a target price of $340.0 on 02/04/2026
- Asiya Merchant from Citigroup set a target price of $335.0 on 02/04/2026
- James Sheehan from Goldman Sachs set a target price of $250.0 on 02/04/2026
- C.J. Muse from Cantor Fitzgerald set a target price of $420.0 on 02/04/2026
- Vijay Rakesh from Mizuho set a target price of $340.0 on 02/04/2026
- Tom O’Malley from Barclays set a target price of $325.0 on 02/02/2026
This article is not financial advice. See Quiver Quantitative’s disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
