Can Western Digital Corp’s (WDC) hike of 7.32% in a week be considered a lucky break?

Shaun Noe

Western Digital Corp (NASDAQ: WDC) kicked off on Monday, down -4.59% from the previous trading day, before settling in for the closing price of $131.31. Over the past 52 weeks, WDC has traded in a range of $28.83-$137.40.

While this was happening, its average annual earnings per share was recorded 34.01%. With a float of $343.40 million, this company’s outstanding shares have now reached $347.00 million.

Western Digital Corp (WDC) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Computer Hardware Industry. The insider ownership of Western Digital Corp is 1.02%, while institutional ownership is 106.26%. The most recent insider transaction that took place on Sep 04 ’25, was worth 1,024,162. In this transaction Chief of Global Operations of this company sold 11,343 shares at a rate of $90.29, taking the stock ownership to the 151,596 shares. Before that another transaction happened on Sep 04 ’25, when Company’s Officer proposed sale 11,343 for $90.29, making the entire transaction worth $1,024,162.

Western Digital Corp (WDC) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported 1.78 earnings per share (EPS), higher than consensus estimate (set at 1.71) by 0.07. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.67 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 34.01% per share during the next fiscal year.

Western Digital Corp (NASDAQ: WDC) Trading Performance Indicators

Take a look at Western Digital Corp’s (WDC) current performance indicators. Last quarter, stock had a quick ratio of 0.84. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.27. Likewise, its price to free cash flow for the trailing twelve months is 29.89.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 5.14, a number that is poised to hit 1.57 in the next quarter and is forecasted to reach 7.42 in one year’s time.

Technical Analysis of Western Digital Corp (WDC)

The latest stats from [Western Digital Corp, WDC] show that its last 5-days average volume of 13.85 million was superior to 8.18 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 74.62%.

During the past 100 days, Western Digital Corp’s (WDC) raw stochastic average was set at 86.36%, which indicates a significant increase from 67.83% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 5.65 in the past 14 days, which was higher than the 2.42 volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $90.98, while its 200-day Moving Average is $59.97. Now, the first resistance to watch is $132.67. This is followed by the second major resistance level at $140.06. The third major resistance level sits at $143.93. If the price goes on to break the first support level at $121.41, it is likely to go to the next support level at $117.55. The third support level lies at $110.16 if the price breaches the second support level.

Western Digital Corp (NASDAQ: WDC) Key Stats

The company with the Market Capitalisation of 43.46 billion has total of 348,878K Shares Outstanding. Its annual sales at the moment are 9,520 M in contrast with the sum of 1,889 M annual income. Company’s last quarter sales were recorded 2,294 M and last quarter income was 520,000 K.

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