Cynthia Tregillis Sells 432 Shares of Western Digital (NASDAQ:WDC) Stock

Posted by Geri Gentry on Sep 10th, 2026

Western Digital Corporation (NASDAQ:WDC – Get Free Report) insider Cynthia Tregillis sold 432 shares of Western Digital stock in a transaction dated Friday, September 4th. The shares were sold at an average price of $451.20, for a total transaction of $194,918.40. Following the transaction, the insider owned 111,030 shares of the company’s stock, valued at $50,096,736. This represents a 0.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Western Digital Price Performance

WDC opened at $482.28 on Thursday. Western Digital Corporation has a fifty-two week low of $93.92 and a fifty-two week high of $799.87. The firm has a market capitalization of $166.23 billion, a PE ratio of 19.92, a P/E/G ratio of 2.02 and a beta of 2.13. The company’s 50-day moving average is $496.79 and its 200 day moving average is $450.83.

Western Digital (NASDAQ:WDC – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The data storage provider reported $3.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.31 by $0.25. The business had revenue of $3.75 billion during the quarter, compared to the consensus estimate of $3.70 billion. Western Digital had a return on equity of 48.15% and a net margin of 72.95%.The company’s quarterly revenue was up 43.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.66 EPS. Western Digital has set its Q1 2027 guidance at 3.850-4.150 EPS. As a group, analysts expect that Western Digital Corporation will post 19.65 EPS for the current year.

Western Digital Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 17th. Stockholders of record on Tuesday, September 8th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 0.1%. The ex-dividend date is Tuesday, September 8th. Western Digital’s dividend payout ratio (DPR) is currently 2.48%.

Analyst Ratings Changes

WDC has been the subject of a number of analyst reports. Cantor Fitzgerald increased their price target on Western Digital from $660.00 to $900.00 and gave the company an “overweight” rating in a research report on Monday, June 29th. Weiss Ratings downgraded shares of Western Digital from a “buy (b)” rating to a “buy (b-)” rating in a report on Tuesday, August 11th. UBS Group reduced their target price on shares of Western Digital from $560.00 to $525.00 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Barclays increased their target price on shares of Western Digital from $450.00 to $620.00 and gave the company an “overweight” rating in a report on Wednesday, May 27th. Finally, TD Cowen raised their price target on shares of Western Digital from $500.00 to $540.00 and gave the company a “buy” rating in a research report on Thursday, August 6th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat, Western Digital has an average rating of “Moderate Buy” and an average target price of $534.56.

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Key Western Digital News

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

Positive Sentiment: AI-driven storage demand remains a key growth catalyst. Rising data volumes from AI inference, agentic AI and other emerging workloads could support long-term demand for Western Digital’s data-center storage products. AI Data Explosion: Can WDC Become a Bigger Storage Winner?
Positive Sentiment: Strong free cash flow supports shareholder returns. WDC entered fiscal 2027 with stronger cash generation and a net cash position, potentially enabling continued buybacks and dividend payments. The company recently declared a quarterly dividend of $0.15 per share. Can Western Digital’s Strong FCF Sustain Buybacks and Dividends?
Positive Sentiment: Recent operating performance has exceeded expectations. Western Digital’s latest reported quarter included adjusted earnings of $3.56 per share versus the $3.31 consensus estimate, while revenue rose 43.8% year over year to $3.75 billion. Fiscal first-quarter 2027 guidance of $3.85–$4.15 in EPS reinforces the bullish earnings narrative.
Neutral Sentiment: Management’s Citi Global TMT Conference presentation is in focus. Investors are evaluating the company’s latest commentary on storage demand, AI exposure and fiscal 2027 prospects for additional clues about the sustainability of its growth. Western Digital Presents at Citi’s 2026 Global TMT Conference
Negative Sentiment: Valuation has become a concern. A separate analysis questions whether WDC is priced too aggressively after its substantial advance. With the stock trading at roughly 20 times earnings, further gains may depend on continued earnings growth and successful execution. Is Western Digital Priced Too High?
Negative Sentiment: Insider selling adds a modest cautionary signal. Insider Vidyadhara Gubbi sold 1,795 shares and Cynthia Tregillis sold 432 shares. Both retained sizable holdings, and Tregillis’s transaction was made under a pre-arranged Rule 10b5-1 plan, reducing its significance as a bearish signal. Western Digital Insider Selling

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Rakuten Securities Inc. raised its stake in shares of Western Digital by 4,070.0% during the 2nd quarter. Rakuten Securities Inc. now owns 417 shares of the data storage provider’s stock worth $27,000 after purchasing an additional 407 shares during the period. Mowery & Schoenfeld Wealth Management LLC bought a new position in Western Digital during the second quarter valued at about $28,000. Dunhill Financial LLC bought a new position in Western Digital during the second quarter valued at about $29,000. Stonehage Fleming Financial Services Holdings Ltd purchased a new stake in Western Digital during the second quarter worth about $31,000. Finally, Valley Wealth Managers Inc. purchased a new stake in Western Digital during the first quarter worth about $32,000. Institutional investors own 92.51% of the company’s stock.

About Western Digital

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Western Digital Corporation (NASDAQ: WDC) develops, manufactures and sells data storage products and solutions for data centers, cloud service providers, enterprises, businesses and consumers. Its portfolio is centered on hard disk drives (HDDs), including high-capacity enterprise drives used in cloud and data center environments, as well as products for network-attached storage, surveillance and personal computing.

The company markets products under brands including Western Digital, WD, WD_BLACK and Ultrastar.