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 $1.35 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 $1.36 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 2.03% to $31.16. Over the last five days, the stock has lost -22.93%. Western Digital Corp shares have fallen nearly -30.84% since the year began. Nevertheless, the stocks have fallen -41.54% over the past one year. While a 52-week high of $61.62 was reached on 02/19/25, a 52-week low of $29.75 was recorded on 04/07/25. SMA at 50 days reached $45.62, while 200 days put it at $49.06.
Levels Of Support And Resistance For WDC Stock
The 24-hour chart illustrates a support level at 28.86, which if violated will result in even more drops to 26.55. On the upside, there is a resistance level at 33.44. A further resistance level may holdings at 35.71. The Relative Strength Index (RSI) on the 14-day chart is 22.78, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.40, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 86.05%. Stochastics %K at 6.73% indicates the stock is a buying.
How much short interest is there in Western Digital Corp?
A steep rise in short interest was recorded in Western Digital Corp stocks on 2025-03-14, growing by 3.91 million shares to a total of 33.48 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 29.57 million shares. There was a rise of 11.68%, which implies that there is a positive sentiment for the stock.
