Western Digital Corp (NASDAQ:WDC) shares traded 0.02% higher at $44.30 on Wall Street last session.
WDC stock price is now 7.94% away from the 50-day moving average and -6.58% away from the 200-day moving average. The market capitalization of the company currently stands at $15.46B.
On May 01, 2025, TD Cowen reiterated its ‘Buy’ rating on the stock by increasing its target price from $80 to quote $58, while ‘Summit Insights’ rates the stock as ‘Buy’
In other news, Zamiska Gene M., SVP & Princ. Acctg Officer sold 456 shares of the company’s stock on Mar 12 ’25. The stock was sold for $19,777 at an average price of $43.37. Upon completion of the transaction, the SVP & Princ. Acctg Officer now directly owns 43,320 shares in the company, valued at $1.92 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 12 ’25, Officer GENE M ZAMISKA bought 456 shares of the business’s stock. A total of $19,777 was incurred on buying the stock at an average price of $43.37. A total of 0.92% of the company’s stock is owned by insiders.
During the past 12 months, Western Digital Corp has had a low of $28.83 and a high of $61.62. As of last week, the company has a debt-to-equity ratio of 1.49, a current ratio of 1.56, and a quick ratio of 1.31.
The net profit margin was 12.97% and return on equity was 28.45% for WDC. The company reported revenue of $2.29 billion for the quarter, compared to $1.75 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 30.94 percent.