Western Digital Corp’s filing revealed that its Chief Executive Officer Tan Irving unloaded Company’s shares for reported $0.55 million on May 13 ’25. In the deal valued at $48.19 per share,11,379 shares were sold. As a result of this transaction, Tan Irving now holds 605,481 shares worth roughly $32.56 million.
Then, IRVING TAN bought 11,379 shares, generating $548,354 in total proceeds.
Before that, Zamiska Gene M. sold 456 shares. Western Digital Corp shares valued at $19,777 were divested by the SVP & Princ. Acctg Officer at a price of $43.37 per share. As a result of the transaction, Zamiska Gene M. now holds 43,320 shares, worth roughly $2.33 million.
A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Buy”‘ rating for it. Summit Insights also remained covering WDC and has increased its forecast on April 30, 2025 with a “Buy” recommendation from previously “Hold” rating.
Price Performance Review of WDC
On Tuesday, Western Digital Corp [NASDAQ:WDC] saw its stock jump 3.03% to $53.77. Over the last five days, the stock has gained 3.76%. Western Digital Corp shares have risen nearly 19.34% since the year began. Nevertheless, the stocks have fallen -5.76% 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 $42.99, while 200 days put it at $47.36.
Levels Of Support And Resistance For WDC Stock
The 24-hour chart illustrates a support level at 52.46, which if violated will result in even more drops to 51.15. On the upside, there is a resistance level at 54.50. A further resistance level may holdings at 55.23. The Relative Strength Index (RSI) on the 14-day chart is 75.43, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.50, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 2.81%. Stochastics %K at 84.64% indicates the stock is a selling.
How much short interest is there in Western Digital Corp?
A steep rise in short interest was recorded in Western Digital Corp stocks on 2025-05-15, growing by 1.43 million shares to a total of 31.91 million shares. Yahoo Finance data shows the prior-month short interest on 2025-04-15 was 30.48 million shares. There was a rise of 4.47%, which implies that there is a positive sentiment for the stock.
