Western Digital Corp’s recently made public that its SVP & Princ. Acctg Officer Zamiska Gene M. unloaded Company’s shares for reported $22733.0 on Nov 29 ’24. In the deal valued at $72.63 per share,313 shares were sold. As a result of this transaction, Zamiska Gene M. now holds 28,383 shares worth roughly $1.85 million.
Then, GENE M ZAMISKA bought 313 shares, generating $22,733 in total proceeds.
Before that, Zamiska Gene M. sold 658 shares. Western Digital Corp shares valued at $46,053 were divested by the SVP & Princ. Acctg Officer at a price of $69.99 per share. As a result of the transaction, Zamiska Gene M. now holds 28,863 shares, worth roughly $1.88 million.
The Benchmark Company downgraded its Western Digital Corp [WDC] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in mid September has reiterated a ‘”a Buy”‘ rating for it. Summit Insights also remained covering WDC and has decreased its forecast on August 01, 2024 with a “Hold” recommendation from previously “Buy” rating. Citigroup started covering the stock on May 14, 2024. It rated WDC as “a Buy”.
Price Performance Review of WDC
On Friday, Western Digital Corp [NASDAQ:WDC] saw its stock fall -0.99% to $65.13. Over the last five days, the stock has lost -3.38%. Western Digital Corp shares have risen nearly 9.22% since the year began. Nevertheless, the stocks have risen 12.06% over the past one year. While a 52-week high of $81.55 was reached on 01/22/25, a 52-week low of $52.77 was recorded on 01/02/25. SMA at 50 days reached $65.75, while 200 days put it at $68.32.
Levels Of Support And Resistance For WDC Stock
The 24-hour chart illustrates a support level at 63.99, which if violated will result in even more drops to 62.85. On the upside, there is a resistance level at 67.12. A further resistance level may holdings at 69.10. The Relative Strength Index (RSI) on the 14-day chart is 50.74, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.56, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 58.71%. Stochastics %K at 35.53% indicates the stock is a holding.
How much short interest is there in Western Digital Corp?
A steep rise in short interest was recorded in Western Digital Corp stocks on 2025-01-15, growing by 1.02 million shares to a total of 21.87 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 20.85 million shares. There was a rise of 4.67%, which implies that there is a positive sentiment for the stock.
