In Wednesday’s Wall Street session, Western Digital Corp (NASDAQ:WDC) shares traded at $64.64, up 0.97% from the previous session.
WDC stock price is now 20.12% away from the 50-day moving average and 31.77% away from the 200-day moving average. The market capitalization of the company currently stands at $22.55B.
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 245 shares of the company’s stock on Jun 17 ’25. The stock was sold for $14,212 at an average price of $58.01. Upon completion of the transaction, the SVP & Princ. Acctg Officer now directly owns 39,604 shares in the company, valued at $2.56 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 17 ’25, Officer GENE M ZAMISKA bought 245 shares of the business’s stock. A total of $14,212 was incurred on buying the stock at an average price of $58.01. 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 $66.83. 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 $53.8108 and a two-hundred day moving average price translates $49.062717 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. 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.
