Tucker Asset Management LLC Buys Shares of 1,818 Western Digital Corporation $WDC

Tucker Asset Management LLC bought a new stake in Western Digital Corporation (NASDAQ:WDC) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 1,818 shares of the data storage provider’s stock, valued at approximately $313,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Quadcap Wealth Management LLC lifted its holdings in Western Digital by 2.1% in the 4th quarter. Quadcap Wealth Management LLC now owns 2,007 shares of the data storage provider’s stock valued at $346,000 after purchasing an additional 41 shares in the last quarter. Moss Adams Wealth Advisors LLC lifted its holdings in shares of Western Digital by 2.6% during the 4th quarter. Moss Adams Wealth Advisors LLC now owns 1,982 shares of the data storage provider’s stock worth $341,000 after acquiring an additional 51 shares during the period. Bogart Wealth LLC lifted its holdings in shares of Western Digital by 19.4% during the 4th quarter. Bogart Wealth LLC now owns 369 shares of the data storage provider’s stock worth $64,000 after acquiring an additional 60 shares during the period. 44 Wealth Management LLC lifted its holdings in shares of Western Digital by 0.8% during the 3rd quarter. 44 Wealth Management LLC now owns 9,329 shares of the data storage provider’s stock worth $1,120,000 after acquiring an additional 78 shares during the period. Finally, Addison Advisors LLC lifted its holdings in shares of Western Digital by 7.1% during the 3rd quarter. Addison Advisors LLC now owns 1,281 shares of the data storage provider’s stock worth $154,000 after acquiring an additional 85 shares during the period. 92.51% of the stock is currently owned by hedge funds and other institutional investors.

Western Digital Stock Performance

WDC opened at $482.20 on Monday. The firm has a 50 day moving average price of $352.15 and a 200 day moving average price of $257.69. The company has a market cap of $166.20 billion, a PE ratio of 28.79 and a beta of 2.10. Western Digital Corporation has a 1 year low of $49.00 and a 1 year high of $525.15.

Western Digital (NASDAQ:WDC) last posted its earnings results on Thursday, April 30th. The data storage provider reported $2.72 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.39 by $0.33. The firm had revenue of $3.34 billion during the quarter, compared to the consensus estimate of $3.25 billion. Western Digital had a net margin of 55.29% and a return on equity of 42.95%. The company’s revenue was up 45.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.36 EPS. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. On average, sell-side analysts predict that Western Digital Corporation will post 9.57 earnings per share for the current year.

Western Digital Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 17th. Investors of record on Friday, June 5th will be given a dividend of $0.15 per share. This is a boost from Western Digital’s previous quarterly dividend of $0.13. The ex-dividend date of this dividend is Friday, June 5th. This represents a $0.60 dividend on an annualized basis and a yield of 0.1%. Western Digital’s dividend payout ratio is currently 2.99%.

Insider Buying and Selling

In related news, insider Vidyadhara K. Gubbi sold 4,674 shares of the stock in a transaction that occurred on Monday, May 4th. The shares were sold at an average price of $443.19, for a total transaction of $2,071,470.06. Following the completion of the sale, the insider owned 90,041 shares of the company’s stock, valued at approximately $39,905,270.79. This represents a 4.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Cynthia L. Tregillis sold 363 shares of the stock in a transaction that occurred on Tuesday, April 21st. The stock was sold at an average price of $377.09, for a total transaction of $136,883.67. Following the sale, the insider directly owned 120,023 shares of the company’s stock, valued at approximately $45,259,473.07. This trade represents a 0.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 53,679 shares of company stock valued at $18,049,314. 0.18% of the stock is currently owned by corporate insiders.

Western Digital News Summary

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

• Positive Sentiment: Western Digital was named to the 2026 S&P Dow Jones Best-in-Class Index North America, highlighting its ESG and sustainable AI infrastructure leadership. The company also said the index inclusion and improved operating profile reflect its growing role in AI data storage demand. WD Named to 2026 S&P Dow Jones Best?in?Class Index North America, Recognizing Leadership in Sustainable AI Infrastructure
• Positive Sentiment: Analysts and market commentators continue to point to Western Digital’s AI storage exposure, with articles citing surging earnings, rising hyperscaler demand, and stronger shareholder returns after the SanDisk spinoff as reasons the stock has been trending higher. WDC’s Whopping 893% Run in a Year: Buy the Stock Amid AI Storage Boom?
• Positive Sentiment: The company also announced a 20% dividend increase, which investors may view as a sign of confidence in cash flow and capital returns alongside record AI-related demand for its storage and data platforms. Western Digital Links Higher Dividend And ESG Index Win To AI Demand
• Neutral Sentiment: Western Digital is also showing up on “trending stock” lists, suggesting elevated investor interest, but these mentions do not add new fundamental information by themselves. Here is What to Know Beyond Why Western Digital Corporation (WDC) is a Trending Stock
• Neutral Sentiment: A separate note said Western Digital’s price target was raised, which can support sentiment but is still secondary to the bigger AI-storage and capital-return story. Western Digital (WDC) price target increased by 31.02% to 483.72
• Negative Sentiment: No major company-specific negative catalyst emerged in the latest headlines, though some coverage compares Western Digital with peers such as Micron and Seagate, which keeps valuation and competition in focus. Why I’d Rather Own Micron Stock Than Sandisk

Wall Street Analysts Forecast Growth

WDC has been the topic of several recent analyst reports. Rosenblatt Securities increased their price objective on shares of Western Digital from $340.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Citigroup increased their price objective on shares of Western Digital from $405.00 to $500.00 and gave the stock a “buy” rating in a report on Friday, May 1st. Evercore reiterated an “outperform” rating and set a $500.00 price objective on shares of Western Digital in a report on Friday, May 1st. Weiss Ratings upgraded shares of Western Digital from a “buy (b-)” rating to a “buy (b)” rating in a report on Friday. Finally, Argus set a $300.00 price objective on shares of Western Digital in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, eighteen have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $395.83.

Western Digital Company Profile

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.