Rheos Capital Works Inc. Reduces Position in Western Digital Corporation $WDC
Rheos Capital Works Inc. significantly reduced its stake in Western Digital Corporation by 35% in Q4, selling 70,000 shares but still holding 130,000 shares valued at $22.395 million. Despite this reduction, Western Digital has shown strong performance, beating earnings expectations and receiving a "Moderate Buy" consensus rating from analysts with an average target price of $278.83. Institutional ownership remains high at 92.51%, although company insiders sold 92,795 shares worth approximately $24.3 million during the last quarter.
The AI Storage Supercycle: A Deep Dive into Seagate Technology (STX)
Seagate Technology (STX) has successfully transitioned from a legacy hardware manufacturer to a critical infrastructure provider for the AI era, driven by its Heat-Assisted Magnetic Recording (HAMR) technology. The company's focus on "Mass Capacity" storage for hyperscale cloud providers has led to a significant market re-rating and record financial results. Despite potential geopolitical risks and supply chain vulnerabilities, Seagate's technological lead, exemplified by its Mozaic 3+ platform, positions it strongly within the "AI Storage Supercycle."
Stanley Druckenmiller Sells Sandisk, Buys Alphabet in Q4 Portfolio Rebalance - News and Statistics
Investor Stanley Druckenmiller significantly rebalanced his personal portfolio in the previous quarter, completely divesting his position in Sandisk and substantially increasing his holdings in Alphabet. Sandisk, a NAND flash memory producer, recently saw an increase in market share and its enterprise SSD products are being evaluated by large cloud infrastructure operators. Analysts suggest Alphabet's stock may be undervalued, with potential for appreciation.
Western Digital Corp (WDC) Shares Up 3.84% on Apr 6
Western Digital Corp (WDC) shares climbed 3.84% on April 6, reaching an intraday high of $311.59 before closing at $306.31. This places the stock 4.17% below its 52-week high and significantly above its 52-week low. Analysts forecast an average target price of $323.74, suggesting an outperform status, though GuruFocus' GF Value estimates a potential downside.
Deals in brief: Kitar and PolicyStreet raise funding; Western Union completes Dash acquisition; five China investments, and more
This article summarizes recent funding and investment activities across Asia Pacific. Key deals include Kitar raising over $10 million for its secondhand e-commerce platform, PolicyStreet securing $21 million in its Series C first close for regional expansion, and Western Union completing its acquisition of Dash. Additionally, it covers several investments in Chinese tech companies focusing on AI, quantum computing, and new materials.
If You Invested $1000 in Western Digital a Decade Ago, This is How Much It'd Be Worth Now
An investment of $1000 in Western Digital (WDC) made ten years ago would now be worth $6,329.83, representing a 532.98% gain, outperforming the S&P 500 and gold. The company, a leading data storage device developer, recently separated its HDD and Flash businesses and is benefiting from AI-led demand in the cloud market. Analysts are forecasting further upside despite concerns about high debt and competition.
Lumentum Stock Drops 6.6% on Monday
Shares of Lumentum Holdings Inc. dropped 6.6% on Monday, closing at $772.28 despite analysts maintaining a Moderate Buy rating. The decline was attributed to concerns over valuation and market headwinds, although analysts remain optimistic about its long-term prospects due to its strong product portfolio in photonic technologies. Lumentum is a key player in optical communications, and its stock movements are closely watched in the technology and telecommunications sectors.
UBS AG (AMUB) offers autocallable contingent‑coupon notes linked to Western Digital
UBS AG (AMUB) is offering Trigger Autocallable Contingent Yield Notes linked to Western Digital Corporation common stock, maturing on April 9, 2029. These notes feature potential periodic contingent coupons and an automatic call if Western Digital's stock meets or exceeds a specified level. Investing in these notes carries significant risks, including the potential for loss of principal and dependence on UBS's creditworthiness.
Sandisk, Western Digital, and Micron Just Doubled. What to Do Now.
The article discusses the significant stock price increases of Sandisk, Western Digital, and Micron. It congratulates shareholders on their gains and poses the question of whether to continue holding these stocks or sell, implying a need for strategic decision-making after such substantial growth.
Stocks making the biggest moves midday: Lucid, AppLovin, Western Digital, Invesco & more
This article details the biggest stock movers in midday trading, including AppLovin which jumped on bullish reports, Invesco which dropped after BlackRock's ETF filing, and Soleno Therapeutics which surged due to an acquisition agreement. Other companies like Encompass Health, Kratos Defense & Security, Boot Barn, Elbit Systems, Lucid Group, and various crypto-related and memory stocks also saw significant movements. The changes were driven by analyst upgrades, regulatory proposals, acquisition news, delivery issues, and market trends.
If you had put $1000 into Western Digital ten years ago, here’s what your investment would be valued at today
This article analyzes the hypothetical return of a $1,000 investment in Western Digital (WDC) made ten years ago, showing it would have grown to $6,329.83. It details Western Digital's business, its recent split into two entities, and its strong performance driven by AI demand in its Cloud segment. The article also touches upon the emerging trend of quantum computing as a future investment opportunity.
Seagate Tests Breakout After Top Pick Designation By Morgan Stanley, Called 'Underappreciated' AI Stock
Seagate Technology (STX) stock surged Monday morning after being named a top pick by Morgan Stanley, breaking out from a consolidation pattern. The hard-disk drive maker's shares have seen significant gains, rising 67% this year and 595% over the past 12 months, driven by strong demand for low-cost data center storage.
Seagate Technology stock jumps 7.5% on Morgan Stanley top pick
Seagate Technology (NASDAQ:STX) shares surged 7.5% after Morgan Stanley designated it a top pick and raised its price target to $582 from $468. Analyst Erik Woodring reiterated an Overweight rating, projecting a 35% upside based on strengthening HDD demand and per-terabyte pricing, which he believes will lead to supply shortages through 2028 and higher margins and EPS.
This ‘overlooked’ AI stock is a new top pick at Morgan Stanley
Morgan Stanley has named Seagate Technology (STX) as a new "top pick" due to its significant role in the AI era, specifically in hard-disk drives which are experiencing booming demand. Despite a nearly 600% gain in the past year, an analyst believes the market is still undervaluing Seagate compared to its rivals like Western Digital, highlighting its potential for further growth. The article suggests that Seagate's stock is overlooked despite impressive recent performance.
Seagate or Western Digital? Morgan Stanley Picks a Winner as AI Demand Surges
Morgan Stanley identifies Western Digital and Seagate Technology as two under-appreciated stocks benefiting from the AI boom. Despite triple-digit growth last year, the firm has now designated one of them as a "Top Pick."
Western Digital’s Stock Soars After Analyst Upgrade and Strong Ethics Recognition
Western Digital Corporation (WDC) stock surged by 4.83% after Bernstein upgraded its rating and doubled the price target to $340, driven by the company's strong position in the AI-driven market. The company's shares rallied by 12% to $303, demonstrating robust market enthusiasm. Western Digital's recognition as one of the World’s Most Ethical Companies, coupled with strong financial metrics and strategic partnerships, has further boosted investor confidence.
Seagate Stock Draws Investor Attention As Morgan Stanley Sees Strong Storage Drive Demand Through 2028
Morgan Stanley has increased its price target for Seagate Technology Holdings PLC (STX) to $582, maintaining an 'Overweight' rating and naming it their Top Pick, citing strong demand for hard disk drives (HDDs) from hyperscale data centers. Analyst Erik Woodring forecasts potential HDD shortages through 2028 due to increasing data storage needs, with Seagate's new Mozaic 4+ system, featuring HAMR technology, enhancing storage efficiency for AI and cloud computing. The firm projects positive revenue and earnings for Seagate's fiscal third quarter 2026, and the stock has already seen a significant year-to-date gain.
Western Digital Corp. Experiences Valuation Adjustment Amid Strong Performance Metrics
Western Digital Corp. has recently adjusted its valuation, with a P/E ratio of 32 and a price-to-book value of 13.69. The company has demonstrated strong performance, achieving a year-to-date return of 72.83% and an impressive 628.12% over the past year, significantly outperforming the S&P 500. Its low PEG ratio of 0.27 suggests potential for future growth.
Morgan Stanley raises Seagate stock price target on HDD demand strength
Morgan Stanley has increased its price target for Seagate Technology (NASDAQ:STX) shares to $582 from $468, maintaining an Overweight rating, due to strengthening hard disk drive (HDD) demand. The firm's analysis indicates HDD shortages extending through calendar year 2028 and a stronger-than-expected price per terabyte. Western Digital (NASDAQ:WDC) also saw an upward revision in its estimates and has achieved an 870% return over the past year, with analysts expressing growing confidence in the HDD sector's recovery.
Seagate rises as Morgan Stanley names it top pick (STX:NASDAQ)
Morgan Stanley has named Seagate Technology its top pick in the IT Hardware sector, replacing Western Digital. Shares of Seagate rose 2.3% in premarket trading following the news. This upgrade is attributed to sustained hyperscaler demand, improved customer visibility, firmer pricing expectations, attractive valuation, and anticipated gross margin expansion for Seagate.
Cipher Mining Stock Jumps with New Data Center Lease and Credit Facility
Cipher Mining's stock (NASDAQ: CIFR) jumped over 4% after the company secured a 15-year lease with a major tenant and a new $200M revolving credit facility. These strategic moves aim to ensure long-term stability and financial flexibility, despite recent financial challenges and a trimmed price target by Keefe Bruyette. The company is focusing on recovery and resilience through strategic partnerships and reinforced liquidity.
Micron vs SanDisk: Which Memory Stock Has More Room to Run in 2026?
This article compares Micron and SanDisk as memory stocks in 2026, highlighting Micron's strong performance driven by AI demand and its high-margin products. It notes that SanDisk's recovery is tied to improving NAND pricing and enterprise SSD demand, but its growth trajectory is less direct in the AI space. The article concludes that Micron appears to be the stronger investment due to its direct exposure to AI memory and record margins, while SanDisk's recent stock appreciation may have already priced in its recovery fundamentals.
Qualcomm Incorporated $QCOM Shares Bought by BXM Wealth LLC
BXM Wealth LLC significantly increased its stake in Qualcomm (NASDAQ:QCOM) by 870.6% in Q4 2025, holding 42,210 shares valued at $7.22 million. Qualcomm also announced a $20 billion share buyback program and a quarterly dividend of $0.89 per share. Despite mixed analyst ratings, the company beat Q4 earnings and revenue estimates.
Allspring Global Investments Holdings LLC Buys 26,531 Shares of Western Digital Corporation $WDC
Allspring Global Investments Holdings LLC significantly increased its stake in Western Digital Corporation by 157.4% in the fourth quarter, purchasing 26,531 additional shares, bringing its total to 43,392 shares valued at approximately $8.145 million. This coincides with Western Digital's strong Q4 earnings, beating analyst expectations with $2.13 EPS and a 25.2% year-over-year revenue increase, receiving a "Moderate Buy" consensus rating from analysts. Despite some insider selling, institutional ownership remains high at 92.51%, and the company's prospects are reportedly boosted by AI-driven storage demand.
Allspring Global Investments Holdings LLC Has $8.69 Million Stake in Seagate Technology Holdings PLC $STX
Allspring Global Investments Holdings LLC reduced its stake in Seagate Technology Holdings PLC by 16.8% in Q4, now holding 30,230 shares valued at $8.69 million. Despite this reduction, Wall Street analysts maintain a "Moderate Buy" consensus for Seagate, with an average target price of $461. Meanwhile, insiders were significant sellers in the last quarter, offloading shares worth over $47 million, bringing their total ownership to 0.79% against institutional ownership of nearly 93%.
Western Digital Corporation (WDC) is attracting investor attention: Here is what you should know
This article from Zacks Equity Research focuses on why Western Digital (WDC) is currently drawing significant investor interest. It likely delves into factors such as financial performance, market position, recent news, or future outlook that are making WDC a notable stock for investors.
Western Digital Corp. Hits Day Low of $272.83 Amid Price Pressure
Western Digital Corp. experienced a significant stock price decline, dropping 7.7% to an intraday low of USD 272.83, contrasting with the broader market. Despite this short-term downturn and a 13.75% decline over the past week, the company maintains robust financial health with impressive long-term growth of 541.37% over the last year, strong net profit growth, and substantial operating cash flow.
Braun Stacey Associates Inc. Trims Stock Holdings in Western Digital Corporation $WDC
Braun Stacey Associates Inc. reduced its stake in Western Digital Corporation by 7.2% in the fourth quarter, selling 18,751 shares and ending with 243,366 shares, valued at approximately $41.9 million. This adjustment makes Western Digital the firm's 15th largest holding, representing about 1.4% of their portfolio. The article also highlights significant insider selling activity, with two insiders selling a combined 17,842 shares, while analysts generally maintain a "Moderate Buy" rating with a consensus price target of $275.75, supported by AI-driven hyperscaler demand.
Aberdeen Group Increases Stake in Western Digital
Aberdeen Group has increased its stake in Western Digital by 11.6% in the fourth quarter, signaling confidence in the data storage provider's long-term prospects. The institutional investor now owns 272,487 shares valued at $46.9 million, representing 0.08% of Western Digital's outstanding shares. This move suggests that Aberdeen Group sees value in Western Digital's business model and growth potential despite broader technology sector challenges.
Is Western Digital (WDC) Quietly Building a Quantum Edge in Data Reliability?
Western Digital has partnered with Open Quantum Design and QuScript to form an Error Correction Working Group, aiming to advance quantum error correction on trapped-ion quantum computers. This collaboration could extend Western Digital's data reliability expertise from classical storage into quantum computing infrastructure, complementing its focus on AI-driven storage demand and high-capacity HDDs. While the quantum initiative is in its early stages, it reinforces the company's long-term relevance in evolving data architectures and supports its revenue growth forecasts.
A Look At Western Digital (WDC) Valuation After Bernstein Upgrade On AI Storage Growth Outlook
Western Digital (WDC) received an "Outperform" upgrade from Bernstein amidst growing demand for AI data center storage, leading to significant share price momentum. The company is currently valued at approximately US$100 billion, trading about 11% below current analyst price targets. While a popular narrative suggests a fair value of $321 per share due to AI-driven storage demand, an internal Discounted Cash Flow (DCF) model points to an even higher fair value of $523.56, suggesting the stock might be deeply undervalued.
Aspiriant LLC Boosts Cisco Systems Stock Position
Aspiriant LLC significantly increased its stake in Cisco Systems (NASDAQ:CSCO) during Q4 2025, adding 16,521 shares to its holdings, which are now valued at $2.66 million. This 92.1% increase signals the investment firm's confidence in Cisco's long-term growth potential and may indicate broader optimism among institutional investors regarding the network equipment provider's future performance. The filing was disclosed on April 4, 2026.
Wall Street Zen Upgrades Western Digital to 'Buy'
Wall Street Zen has upgraded Western Digital's shares from 'hold' to 'buy' due to the company's strong financial performance and positive growth outlook in the data storage market. The firm highlights Western Digital's outperformance, solid momentum in consumer and enterprise product lines, and its position to capitalize on increasing demand from cloud computing and 5G. This upgrade underscores the company's strong fundamentals and adaptability to evolving technology trends.
Is Western Digital (WDC) Quietly Building a Quantum Edge in Data Reliability?
Western Digital (WDC) is collaborating with Open Quantum Design and QuScript on a new open-source Error Correction Working Group to advance quantum error correction, leveraging its expertise in data reliability. While this partnership is early stage, it aligns with WDC's focus on evolving data architectures and complements its AI-driven storage demand. The article discusses how this quantum initiative, alongside strong AI demand, could influence Western Digital's investment narrative, including its projected revenue and earnings by 2028.
These 10 stocks are poised for earnings surprises in April: Morgan Stanley
Morgan Stanley has identified a new set of U.S. and European stocks that show strong potential for earnings surprises in the upcoming reporting season. The bank uses a quantitative framework combining analyst ratings and forward-looking signals to create an "Earnings Surprise Composite." Top U.S. picks include Western Digital, Citigroup, and RTX, while European standouts include ArcelorMittal and Barclays.
WDC Price History for Western Digital Corp Stock
This article provides an in-depth view of Western Digital Corp's (WDC) price history on Barchart.com, detailing historical data access, key 52-week price points, and historical new high and low occurrences. It also outlines the various data viewing and download options available to Barchart members, including daily prices, latest trades, and corporate actions.
Western Digital Corporation (WDC) is Drawing Interest from Investors: Key Information You Need to Know
Western Digital (WDC) has captivated investors, with its stock price rising 13.9% in the past month, outperforming both the S&P 500 and its sector. The company is projected to see significant earnings growth, with current quarter EPS expected to jump 72.8% year-over-year, and revenue is also forecast to increase, despite a recent decline. While WDC holds a Zacks Rank #3 (Hold) and a 'D' valuation score, indicating it may be trading at a premium, its consistent outperformance in earnings and revenue estimates suggests continued investor interest.
JPME ETF Holdings List — BIVA:JPME
This article provides a list of the top holdings for the JPMorgan Diversified Return U.S. Mid Cap Equity ETF (JPME) as of March 26, 2026. It details the symbol, weight percentage, number of shares, and market value for each of the listed companies. The holdings include firms like Ciena Corporation, APA Corporation, Lumentum Holdings, Inc., and CF Industries Holdings, Inc.
4 Tech Stocks That Still Have Strong Fundamentals
Despite market volatility, particularly from the war in Iran, four tech stocks—SanDisk Corp. (SNDK), Seagate Technology Holdings PLC (STX), Dell Technologies Inc. (DELL), and Analog Devices (ADI)—are highlighted for their strong fundamentals and potential for continued growth. The article suggests that these companies, buoyed by the AI supercycle and robust financial performances, are currently at opportune buying points. Technical indicators like moving averages and RSI also suggest bullish momentum for these stocks.
Stocks making big moves yesterday: Beyond Meat, Western Digital, Target Hospitality, Redwire, and CACI
Beyond Meat (NASDAQ:BYND) saw a 12.5% decrease due to disappointing fourth-quarter results, while Western Digital (NASDAQ:WDC) rose 11.3% after an analyst upgrade. Target Hospitality (NASDAQ:TH) surged 36.1% due to a new $550 million contract and raised financial forecast, Redwire (NYSE:RDW) gained 10.1% from its inclusion in NASA's Artemis II mission, and CACI (NYSE:CACI) increased 3.7% following an 'overweight' rating from Wells Fargo.
Arista Networks, Inc. Experiences Revision in Its Stock Evaluation Amid Strong Performance Metrics
Arista Networks, Inc. has seen its stock valuation adjusted, with a current price of $124.85, following a significant 59.06% return over the last year, outperforming the S&P 500. The company shows strong profitability with a P/E ratio of 48, ROCE of 236.93%, and ROE of 28.39%. Despite competitive valuation metrics like EV to EBITDA at 40.55, Arista maintains a strong position in the IT hardware sector, with its valuation reflecting a different landscape compared to peers like Western Digital and Seagate Technology.
Silicon Storm: Memory Giants Micron and Western Digital Whipsawed as AI Trade Shifts Gears
The semiconductor industry, particularly memory giants Micron Technology and Western Digital, experienced significant volatility due to a shift in the AI trade from raw processing power to data efficiency. Google's "TurboQuant" algorithm initially caused drops, but institutional buying quickly followed, highlighting the transformation of memory and storage from commodities to essential infrastructure. The article suggests this marks a mature phase for AI, with long-term contracts for HBM4 and high-capacity drives becoming crucial.
Silicon Storm: Memory Giants Micron and Western Digital Whipsawed as AI Trade Shifts Gears
The semiconductor industry experienced significant volatility on April 2, 2026, with Micron Technology (NASDAQ: MU) and Western Digital Corp (NASDAQ: WDC) seeing double-digit intraday swings. This turbulence was driven by a shift in the AI trade, moving towards data efficiency and infrastructure stability, highlighted by Google's "TurboQuant" algorithm reducing memory requirements for LLMs. Despite initial dips, institutional "buy the dip" orders and long-term strategic agreements from hyperscalers like Amazon and Microsoft indicate a maturation of the AI supercycle, with memory and storage evolving from cyclical commodities to essential infrastructure.
Turbo Energy’s AI Transition Drives Stock Surge: Analysts Optimistic
Turbo Energy S.A.'s stock surged by 40.86% following its strategic pivot from hardware to an AI-driven energy solutions platform, projecting a 130%-140% revenue increase for 2025. The company raised $3.25 million in a direct offering to fund AI solar storage and intelligent energy management, boosting investor confidence and positioning it for positive EBITDA in 2026. This shift aligns with growing market demand for sustainable energy and AI applications, attracting significant trader interest.
onsemi (NASDAQ: ON) 2026 proxy: 2025 $6.0B revenue, director elections and pay vote
onsemi is holding its 2026 annual meeting where stockholders will vote on electing seven directors, an advisory say-on-pay resolution, ratifying PricewaterhouseCoopers as the auditor for 2026, and a stockholder proposal on simple majority voting. The proxy statement highlights the company's 2025 financial performance, including $6.0 billion in revenue, strong cash flow generation, and disciplined capital returns through share repurchases. It also details governance practices, ESG initiatives, and a pay-for-performance executive compensation program, which saw mixed payouts in 2025 due to market conditions and relative TSR performance.
Stocks making big moves yesterday: Beyond Meat, Western Digital, Target Hospitality, Redwire, and CACI
This article highlights several companies whose stocks experienced significant movement yesterday. Beyond Meat saw a decline after missing revenue and earnings expectations, while Western Digital rose due to an analyst upgrade. Target Hospitality surged following a large contract win, Redwire's stock increased after its technology was chosen for a NASA mission, and CACI gained after Wells Fargo initiated coverage with an "overweight" rating.
Stocks making big moves yesterday: Beyond Meat, Western Digital, Target Hospitality, Redwire, and CACI
This article details the top stock movers from yesterday, highlighting why each company experienced significant changes. Beyond Meat saw a decline due to disappointing financial results, while Western Digital, Target Hospitality, Redwire, and CACI all experienced gains driven by analyst upgrades, new contracts, NASA mission involvement, and new analyst coverage, respectively.
Western Digital Corp. Hits Day High with 10.07% Surge in Stock Price
Western Digital Corp. has experienced a significant surge in its stock price, hitting a day high with a 10.07% increase and reaching $304.80. The company has shown strong financial health with a low debt-to-equity ratio and consistent positive quarterly results, outperforming the S&P 500 across various time frames, including a remarkable 628.12% increase over the past year.
Western Digital Corp. Opens with 4.09% Gain, Outperforming S&P 500's 0.72% Increase
Western Digital Corp. opened with a 4.09% gain, outperforming the S&P 500's 0.72% increase. The company has demonstrated strong financial health with significant operating cash flow, high return on capital employed, and robust institutional holdings. Its profits have surged by 116.9% over the past year, contributing to an impressive annual return of 556.98%.
Western Digital (WDC) jumps 10% ahead of earnings
Western Digital (WDC) stock saw a significant 10% increase, trading at $67.65, ahead of its upcoming earnings report. The surge follows an analyst upgrade from Susquehanna, raising the price target from $85 to $100, citing increased optimism for nearline HDD and NAND pricing trends. This positive outlook suggests potential for an upside surprise in the company's Q1 FY24 earnings.
