Western Digital Corp’s recent filing unveils that its SVP & Princ. Acctg Officer Zamiska Gene M. unloaded Company’s shares for reported $19777.0 on Mar 12 ’25. In the deal valued at $43.37 per share,456 shares were sold. As a result of this transaction, Zamiska Gene M. now holds 43,320 shares worth roughly $1.92 million.
Then, GENE M ZAMISKA bought 456 shares, generating $19,777 in total proceeds.
Before that, Zamiska Gene M. sold 1,659 shares. Western Digital Corp shares valued at $68,616 were divested by the SVP & Princ. Acctg Officer at a price of $41.36 per share. As a result of the transaction, Zamiska Gene M. now holds 43,776 shares, worth roughly $1.94 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 Monday, Western Digital Corp [NASDAQ:WDC] saw its stock jump 1.49% to $44.31. Over the last five days, the stock has lost -0.98%. Western Digital Corp shares have fallen nearly -1.66% since the year began. Nevertheless, the stocks have fallen -3.43% over the past one year. While a 52-week high of $61.62 was reached on 02/19/25, a 52-week low of $39.42 was recorded on 03/10/25. SMA at 50 days reached $47.67, while 200 days put it at $50.04.
Levels Of Support And Resistance For WDC Stock
The 24-hour chart illustrates a support level at 43.55, which if violated will result in even more drops to 42.79. On the upside, there is a resistance level at 44.96. A further resistance level may holdings at 45.61. The Relative Strength Index (RSI) on the 14-day chart is 44.82, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 19.95%. Stochastics %K at 63.39% 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 2025-02-28, growing by 7.93 million shares to a total of 32.12 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 24.19 million shares. There was a rise of 24.68%, which implies that there is a positive sentiment for the stock.
