Representative John McGuire (Republican-Virginia) recently sold shares of Western Digital Corporation (NASDAQ:WDC). In a filing disclosed on November 6th, the Representative disclosed that they had sold between $1,001 and $15,000 in Western Digital stock on October 15th. The trade occurred in the Representative’s “MERRILL LYNCH SEP IRA” account.
Representative John McGuire also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 10/1/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/25/2026.
- Purchased $1,001 – $15,000 in shares of Micron Technology (NASDAQ:MU) on 9/24/2026.
- Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 9/24/2026.
- Sold $1,001 – $15,000 in shares of Apple (NASDAQ:AAPL) on 8/18/2026.
- Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 8/18/2026.
Western Digital Stock Performance
Shares of WDC opened at $289.78 on Tuesday. Western Digital Corporation has a twelve month low of $132.43 and a twelve month high of $799.87. The firm’s 50 day moving average price is $403.36 and its two-hundred day moving average price is $419.21. The firm has a market cap of $108.47 billion, a P/E ratio of 11.24, a PEG ratio of 1.14 and a beta of 2.27.
Western Digital (NASDAQ:WDC – Get Free Report) last released its quarterly earnings results on Thursday, October 22nd. The data storage provider reported $4.64 earnings per share for the quarter, topping analysts’ consensus estimates of $4.11 by $0.53. The firm had revenue of $4.38 billion during the quarter, compared to the consensus estimate of $4.14 billion. Western Digital had a return on equity of 55.62% and a net margin of 69.20%. The business’s revenue was up 55.5% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.78 EPS. On average, sell-side analysts anticipate that Western Digital Corporation will post 23.62 earnings per share for the current fiscal year.
Western Digital Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 17th. Stockholders of record on Friday, December 4th will be given a dividend of $0.1750 per share. This is an increase from Western Digital’s previous quarterly dividend of $0.15. This represents a $0.70 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend is Friday, December 4th. Western Digital’s payout ratio is 2.33%.
Analyst Ratings Changes
A number of research analysts have commented on the company. BNP Paribas Exane upped their price objective on Western Digital from $660.00 to $700.00 and gave the company an “outperform” rating in a report on Thursday, August 6th. Summit Insights downgraded shares of Western Digital from a “buy” rating to a “hold” rating in a report on Thursday, August 6th. TD Cowen cut their price target on shares of Western Digital from $540.00 to $430.00 and set a “buy” rating for the company in a report on Friday, October 23rd. Susquehanna set a $405.00 price target on shares of Western Digital in a research report on Friday, October 23rd. Finally, Argus decreased their price objective on shares of Western Digital from $600.00 to $500.00 and set a “buy” rating on the stock in a research note on Monday, October 26th. Two research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Western Digital currently has a consensus rating of “Moderate Buy” and an average price target of $591.04.
Read Our Latest Stock Analysis on Western Digital
Trending Headlines about Western Digital
Here are the key news stories impacting Western Digital this week:
- Positive Sentiment: Western Digital is benefiting from expectations that AI data-center growth will increase demand for storage. A Zacks analysis points to rising cloud revenue, adoption of higher-capacity hard drives and strong fiscal 2027 growth prospects. Article: Is Western Digital Emerging as a Big Winner in the AI Storage Boom?
- Positive Sentiment: Storage shares, including Western Digital, rebounded as investors bought after a sharp sector sell-off. Western Digital was also highlighted among momentum stocks, with earnings surprises and growth projections cited as support. Article: Micron Rises as Seagate and Western Digital Rebound Article: Arista Networks and Two Momentum Stocks to Buy for Big Gains
- Neutral Sentiment: The recent recovery follows a roughly 28% decline over five trading sessions through Nov. 6, leaving the stock volatile. Commentary comparing Western Digital with Micron also favors Micron, which may temper enthusiasm for WDC. Article: Western Digital or Micron? Jim Cramer Says Micron Is a Better Company
- Negative Sentiment: Levi & Korsinsky says it has opened an investigation into possible fiduciary-duty breaches by certain Western Digital officers and directors. The announcement provides no findings, but could create reputational and legal uncertainty for shareholders. Article: Shareholder Alert on an Investigation Concerning Western Digital
Insider Buying and Selling
In other Western Digital news, insider Cynthia L. Tregillis sold 807 shares of the company’s stock in a transaction dated Wednesday, October 21st. The shares were sold at an average price of $380.00, for a total transaction of $306,660.00. Following the sale, the insider directly owned 108,928 shares of the company’s stock, valued at $41,392,640. This represents a 0.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Vidyadhara K. Gubbi sold 1,795 shares of Western Digital stock in a transaction on Friday, September 4th. The shares were sold at an average price of $459.87, for a total value of $825,466.65. Following the completion of the transaction, the insider owned 80,571 shares of the company’s stock, valued at approximately $37,052,185.77. This trade represents a 2.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 5,436 shares of company stock valued at $2,440,664 over the last ninety days. 0.20% of the stock is currently owned by company insiders.
Institutional Trading of Western Digital
Several hedge funds have recently bought and sold shares of the business. Edgestream Partners L.P. bought a new position in shares of Western Digital during the 3rd quarter worth approximately $8,015,000. Banco Santander S.A. grew its holdings in shares of Western Digital by 10.6% in the third quarter. Banco Santander S.A. now owns 127,479 shares of the data storage provider’s stock valued at $57,934,000 after acquiring an additional 12,214 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. grew its holdings in shares of Western Digital by 34.3% in the third quarter. SBI Okasan Asset Management Co.Ltd. now owns 1,381 shares of the data storage provider’s stock valued at $626,000 after acquiring an additional 353 shares in the last quarter. Western Wealth Management LLC grew its holdings in shares of Western Digital by 7.9% in the third quarter. Western Wealth Management LLC now owns 952 shares of the data storage provider’s stock valued at $433,000 after acquiring an additional 70 shares in the last quarter. Finally, Silver Oak Securities Incorporated increased its position in shares of Western Digital by 2.2% during the third quarter. Silver Oak Securities Incorporated now owns 2,656 shares of the data storage provider’s stock valued at $1,207,000 after acquiring an additional 58 shares during the last quarter. Institutional investors and hedge funds own 92.51% of the company’s stock.
About Representative McGuire
John McGuire (Republican Party) is a member of the U.S. House, representing Virginia’s 5th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
McGuire (Republican Party) is running for re-election to the U.S. House to represent Virginia’s 5th Congressional District. He declared candidacy for the 2026 election.
John McGuire was born in Richmond, Virginia. McGuire graduated from Henrico High School. He served as a U.S. Navy Seal from 1988 to 1998. His professional experience includes founding SEAL Team Physical Training Inc.
Western Digital Company Profile
Western Digital Corporation (NASDAQ: WDC) develops and supplies hard disk drives (HDDs) and related data-storage products. Its drives serve data centers and cloud providers, as well as businesses and consumers who need storage for computers, network-attached storage systems, surveillance and other applications. Its product brands include WD and Ultrastar.
Founded in 1970, the company began as an electronics and semiconductor business before expanding into data storage. In February 2025, Western Digital completed the separation of its flash-memory business into the independently traded SanDisk Corporation, leaving Western Digital focused on HDDs.
Western Digital serves customers around the world.
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