The stock of Western Digital Corp (NASDAQ:WDC) last traded at $54.43, up 1.23% from the previous session.
WDC stock price is now 26.00% away from the 50-day moving average and 14.27% away from the 200-day moving average. The market capitalization of the company currently stands at $18.99B.
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, Tan Irving, Chief Executive Officer sold 11,379 shares of the company’s stock on May 13 ’25. The stock was sold for $548,354 at an average price of $48.19. Upon completion of the transaction, the Chief Executive Officer now directly owns 605,481 shares in the company, valued at $32.96 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 13 ’25, Officer IRVING TAN bought 11,379 shares of the business’s stock. A total of $548,354 was incurred on buying the stock at an average price of $48.19. A total of 0.98% 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 fifty day moving average price for WDC is $43.1974 and a two-hundred day moving average price translates $47.644672 for the stock.
The latest earnings results from Western Digital Corp (NASDAQ: WDC) was released for 2021-10-01. The net profit margin was 12.97% and return on equity was 28.45% for WDC.
