Syon Capital LLC Has $4.26 Million Holdings in Western Digital Corporation $WDC

Posted by Brenda Bartman on Sep 4th, 2026

Syon Capital LLC lessened its stake in shares of Western Digital Corporation (NASDAQ:WDC – Free Report) by 21.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,668 shares of the data storage provider’s stock after selling 1,824 shares during the period. Syon Capital LLC’s holdings in Western Digital were worth $4,259,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position in Western Digital by 7.7% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 41,988 shares of the data storage provider’s stock valued at $1,698,000 after buying an additional 3,019 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Western Digital by 229.7% during the 1st quarter. Geneos Wealth Management Inc. now owns 1,388 shares of the data storage provider’s stock worth $56,000 after purchasing an additional 967 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in Western Digital in the second quarter valued at approximately $307,000. Cresset Asset Management LLC bought a new position in Western Digital during the second quarter worth about $292,000. Finally, Federated Hermes Inc. boosted its stake in Western Digital by 55.3% during the 2nd quarter. Federated Hermes Inc. now owns 2,374 shares of the data storage provider’s stock worth $152,000 after acquiring an additional 845 shares during the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.

Insider Buying and Selling at Western Digital

In other news, insider Cynthia L. Tregillis sold 1,007 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $478.36, for a total transaction of $481,708.52. Following the completion of the transaction, the insider directly owned 112,155 shares of the company’s stock, valued at approximately $53,650,465.80. This represents a 0.89% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Irving Tan sold 20,000 shares of the stock in a transaction dated Tuesday, August 11th. The stock was sold at an average price of $444.97, for a total transaction of $8,899,400.00. Following the sale, the chief executive officer owned 575,966 shares of the company’s stock, valued at approximately $256,287,591.02. This represents a 3.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 23,210 shares of company stock valued at $10,440,960 over the last three months. 0.18% of the stock is currently owned by insiders.

Western Digital Trading Down 1.6%

Shares of Western Digital stock opened at $441.57 on Friday. Western Digital Corporation has a 1-year low of $85.92 and a 1-year high of $799.87. The business has a 50-day moving average price of $508.41 and a two-hundred day moving average price of $445.56. The company has a market cap of $152.20 billion, a P/E ratio of 18.24, a PEG ratio of 1.90 and a beta of 2.13.

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

Western Digital Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 17th. Shareholders of record on Tuesday, September 8th will be paid a dividend of $0.15 per share. The ex-dividend date of this dividend is Tuesday, September 8th. This represents a $0.60 annualized dividend and a dividend yield of 0.1%. Western Digital’s dividend payout ratio (DPR) is 2.48%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on WDC. Summit Insights lowered Western Digital from a “buy” rating to a “hold” rating in a research report on Thursday, August 6th. Citigroup reduced their price target on Western Digital from $800.00 to $740.00 and set a “buy” rating for the company in a research report on Friday, August 7th. TD Cowen raised their target price on shares of Western Digital from $500.00 to $540.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Wall Street Zen lowered shares of Western Digital from a “strong-buy” rating to a “buy” rating in a research report on Sunday, August 16th. Finally, Barclays boosted their price target on Western Digital from $450.00 to $620.00 and gave the company an “overweight” rating in a research note on Wednesday, May 27th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $534.56.

Read Our Latest Analysis on Western Digital

Western Digital Company Profile

(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.