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 $1.55 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 $1.57 million.
The Benchmark Company upgraded its Western Digital Corp [WDC] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including The Benchmark Company’s analysts, who decreased its forecast for the stock in mid December from “a Buy” to “a Hold”. TD Cowen also remained covering WDC and reiterated its “Buy” recommendation on September 13, 2024. Summit Insights revised its rating on August 01, 2024. It rated WDC as “a Hold” which previously was an “a Buy”.
Price Performance Review of WDC
On Monday, Western Digital Corp [NASDAQ:WDC] saw its stock jump 4.13% to $35.82. Over the last five days, the stock has gained 14.96%. Western Digital Corp shares have fallen nearly -20.50% since the year began. Nevertheless, the stocks have fallen -35.85% over the past one year. While a 52-week high of $61.62 was reached on 02/19/25, a 52-week low of $28.83 was recorded on 04/07/25. SMA at 50 days reached $44.26, while 200 days put it at $48.50.
Levels Of Support And Resistance For WDC Stock
The 24-hour chart illustrates a support level at 35.19, which if violated will result in even more drops to 34.57. On the upside, there is a resistance level at 36.53. A further resistance level may holdings at 37.25. The Relative Strength Index (RSI) on the 14-day chart is 40.87, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.90, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 52.77%. Stochastics %K at 40.32% 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 2025-03-31, growing by 90369.0 shares to a total of 32.21 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 32.12 million shares. There was a rise of 0.28%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on May 14, 2024 when Citigroup began covering the stock and recommended ‘”a Buy”‘ rating along with a $90 price target.
