Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Western Digital Corp shares valued at $548,354 were sold by Tan Irving on May 13 ’25. At $48.19 per share, Tan Irving sold 11,379 shares. The insider’s holdings dropped to 605,481 shares worth approximately $29.79 million following the completion of this transaction.
Also, IRVING TAN purchased 11,379 shares, netting a total of over 548,354 in proceeds.
Before that, Zamiska Gene M. had sold 456 shares from its account. In a trade valued at $19,777, the SVP & Princ. Acctg Officer traded Western Digital Corp shares for $43.37 each. Upon closing the transaction, the insider’s holdings decreased to 456 shares, worth approximately $2.13 million.
Analysts at TD Cowen resumed the stock at ‘”a Buy”‘ outlook in a report released in early May. As of April 30, 2025, Summit Insights has increased its “Hold” rating to a “Buy” for WDC.
Analyzing WDC Stock Performance
During the last five days, there has been a surge of approximately 11.06%. Over the course of the year, Western Digital Corp shares have jumped approximately 9.19%. Shares of the company reached a 52-week high of $54.19 on 02/19/25 and a 52-week low of $28.83 on 04/07/25. A 50-day SMA is recorded $40.93, while a 200-day SMA reached $46.99.
Support And Resistance Levels for Western Digital Corp (WDC)
According to the 24-hour chart, there is a support level at 48.57, which, if violated, would cause prices to drop to 47.94. In the upper region, resistance lies at 49.83. The next price resistance is at 50.47. RSI (Relative Strength Index) is 74.33 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 3.86, which suggests the price will increase in the coming days. Percent R is at 6.72%, indicating bullish price movement. Stochastics %K at selling indicates that the stock is to be held.
