Rothschild Wealth LLC Takes Position in Western Digital Corporation $WDC

Posted by Francis Steltz on Jun 3rd, 2026

Rothschild Wealth LLC acquired a new position in Western Digital Corporation (NASDAQ:WDC – Free Report) in the 4th quarter, HoldingsChannel.com reports. The firm acquired 2,594 shares of the data storage provider’s stock, valued at approximately $447,000.

Other hedge funds have also recently bought and sold shares of the company. Avion Wealth lifted its stake in Western Digital by 163.8% in the 4th quarter. Avion Wealth now owns 182 shares of the data storage provider’s stock worth $31,000 after acquiring an additional 113 shares in the last quarter. Concord Wealth Partners purchased a new stake in Western Digital in the 4th quarter worth about $41,000. Cornerstone Planning Group LLC lifted its stake in Western Digital by 207.0% in the 3rd quarter. Cornerstone Planning Group LLC now owns 264 shares of the data storage provider’s stock worth $32,000 after acquiring an additional 178 shares in the last quarter. BOKF NA lifted its stake in Western Digital by 6,700.0% in the 3rd quarter. BOKF NA now owns 272 shares of the data storage provider’s stock worth $33,000 after acquiring an additional 268 shares in the last quarter. Finally, JPL Wealth Management LLC purchased a new stake in Western Digital in the 3rd quarter worth about $33,000. 92.51% of the stock is owned by hedge funds and other institutional investors.

Western Digital News Roundup

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

Positive Sentiment: Western Digital is benefiting from a strong AI memory supercycle, with memory and storage shares extending a parabolic rally as investors bet on sustained demand for data-center storage. Micron Rises 7%, Western Digital Climbs and SanDisk Climb 4% as Memory Stocks Extend Parabolic Run
Positive Sentiment: Barclays raised its price target on Western Digital to $620 from $450 and kept an Overweight rating, citing strong memory and storage fundamentals. Barclays Raises its Price Target on Western Digital (WDC)
Positive Sentiment: Evercore ISI also lifted its target on Western Digital to $575 from $410 while reiterating an Outperform rating, adding to bullish Wall Street sentiment. Here’s What Evercore Now Says About Western Digital Corp (WDC) Stock
Positive Sentiment: Western Digital highlighted its role in AI infrastructure at Computex, framing storage as a core part of the AI data economy rather than just a secondary hardware category. WD at Computex 2026: AI Doesn’t Just Run on Compute – It Runs on Data
Neutral Sentiment: Several articles noted heavy bullish momentum and strong valuation expansion in memory stocks, but also warned that the move has become highly extended and vulnerable to a sharp reversal if demand expectations cool. SanDisk Stock Near $1,700: Two Risks That Could Break the Momentum
Neutral Sentiment: One filing-related article said Situational Awareness LP sold its stake in Western Digital, but the piece did not suggest a broader change in the company’s fundamentals. Western Digital Corporation (WDC): Leopold Aschenbrenner Is Selling This Stock

Insider Buying and Selling

In other news, insider Cynthia L. Tregillis sold 9,324 shares of the stock in a transaction dated Wednesday, March 4th. The stock was sold at an average price of $268.27, for a total transaction of $2,501,349.48. Following the transaction, the insider owned 121,682 shares of the company’s stock, valued at approximately $32,643,630.14. This represents a 7.12% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Vidyadhara K. Gubbi sold 10,148 shares of the stock in a transaction dated Wednesday, March 4th. The shares were sold at an average price of $270.31, for a total value of $2,743,105.88. Following the transaction, the insider directly owned 107,794 shares in the company, valued at approximately $29,137,796.14. This represents a 8.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 54,405 shares of company stock worth $18,575,428. Insiders own 0.18% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on WDC. UBS Group increased their price objective on Western Digital from $350.00 to $375.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Cantor Fitzgerald increased their price objective on Western Digital to $660.00 and gave the stock an “overweight” rating in a research note on Friday, May 1st. The Goldman Sachs Group reissued a “neutral” rating and issued a $400.00 price objective on shares of Western Digital in a research note on Friday, May 1st. Zacks Research raised Western Digital from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, May 6th. Finally, Truist Financial set a $310.00 price objective on Western Digital in a research note on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $416.63.

Get Our Latest Stock Analysis on WDC

Western Digital Stock Performance

Shares of NASDAQ WDC opened at $546.20 on Tuesday. The firm has a market cap of $188.26 billion, a price-to-earnings ratio of 32.61 and a beta of 2.13. The business’s 50-day simple moving average is $400.87 and its 200-day simple moving average is $284.43. Western Digital Corporation has a 52 week low of $51.17 and a 52 week high of $564.14.

Western Digital (NASDAQ:WDC – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The data storage provider reported $2.72 EPS for the quarter, beating analysts’ consensus estimates of $2.39 by $0.33. The business had revenue of $3.34 billion for the quarter, compared to analyst estimates of $3.25 billion. Western Digital had a return on equity of 42.95% and a net margin of 55.29%.The firm’s revenue for the quarter was up 45.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.36 EPS. Western Digital has set its Q4 2026 guidance at 3.100-3.400 EPS. As a group, equities research analysts forecast that Western Digital Corporation will post 9.57 earnings per share for the current year.

Western Digital Increases Dividend

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

About Western Digital

(Free Report)

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.