The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Western Digital Corp shares valued at $19,777 were sold by Zamiska Gene M. on Mar 12 ’25. At $43.37 per share, Zamiska Gene M. sold 456 shares. The insider’s holdings dropped to 43,320 shares worth approximately $1.82 million following the completion of this transaction.
Also, GENE M ZAMISKA purchased 456 shares, netting a total of over 19,777 in proceeds.
Before that, Zamiska Gene M. had sold 1,659 shares from its account. In a trade valued at $68,616, the SVP & Princ. Acctg Officer traded Western Digital Corp shares for $41.36 each. Upon closing the transaction, the insider’s holdings decreased to 1,659 shares, worth approximately $1.83 million.
As published in a research note from The Benchmark Company on December 19, 2024, Western Digital Corp [WDC] has been rated down from a Buy to a Hold. Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in mid September. As of August 01, 2024, Summit Insights has decreased its “Buy” rating to a “Hold” for WDC. Earlier on May 14, 2024, Citigroup initiated its rating. Their recommendation was “a Buy” for WDC stock.
Analyzing WDC Stock Performance
During the last five days, there has been a drop of approximately -5.84%. Over the course of the year, Western Digital Corp shares have dropped approximately -6.99%. Shares of the company reached a 52-week high of $54.19 on 02/19/25 and a 52-week low of $39.42 on 03/10/25. A 50-day SMA is recorded $47.42, while a 200-day SMA reached $49.83.
Support And Resistance Levels for Western Digital Corp (WDC)
According to the 24-hour chart, there is a support level at 41.55, which, if violated, would cause prices to drop to 41.18. In the upper region, resistance lies at 42.59. The next price resistance is at 43.27. RSI (Relative Strength Index) is 37.49 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.66, which suggests the price will decrease in the coming days. Percent R is at 59.20%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
