The latest Insider Trade insight for Western Digital Corporation (NASDAQ:WDC)


Western Digital Corporation (NASDAQ:WDC) has a 1 Year Target Estimate of $70.01. The stock traded with the volume of 5.37 Million in the last trading session. Western Digital Corporation opened at $63.26 and closed by showing an increase of 1.58%. The Bid price in the last session was $63.30 x 300 and the Ask price was $63.99 x 300. (The ask price is what sellers are willing to take for it. If you are selling a stock, you are going to get the bid price, if you are buying a stock you are going to get the ask price. The difference (or spread) goes to the broker/specialist that handles the transaction).

Western Digital Corporation has the Market Capitalization of 18.18 Billion. The Stock has its 52-week High of $64.73 and 52-Week Low of $34.99 and it touched its 52-week high on Dec 4, 2015 and 52-Week Low on May 16, 2016.

Western Digital Corporation reported its last Earnings on Oct 26 AMC where the company reported Actual EPS of $1.54/Share whereas, the Analyst Estimated EPS was $1.04/share. The difference between Actual EPS and Estimated EPS was $0.5/share. This represented an Earnings Surprise of 48.1%. The company will report its next earnings on Jan 26 – Jan 30 (Est.).

27 number of analysts also provided their insight on Western Digital Corporation, where the Average Price Target for the stock is $70.01. They also projected Low Price Target as $41.5 while High Price Target is set at $97.

A number of analysts rated the stock as well: 10 analysts believe that the stock is a STRONG BUY while 12 reported it as Buy.10 analysts assigned a HOLD rating, 1 said it’s UNDERPERFORM and 0 say that this stock is a SELL.

Western Digital Corporation annual Divided is 2 while it’s Dividend Yield is 3.14%. The stock has its Price to Earnings (P/E) ratio of 0 and Forward Price to Earnings ratio of 8.15. The company has its Price to Sales (P/S) ratio of 1.27 where Price to Book (P/B) ratio of 1.68, Price to Cash Per share (P/C) of 4.2 and Price to Free Cash Flow (P/FCF) has a value of 23.6.

The company has its Return on Assets (ROA) of -1.8 Percent. Return on Equity (ROE) stands at -4% and Return on Investment (ROI) displays a value of 2%.

The stock is currently trading at Distance from 20-Day simple moving Average of 7.98% whereas, Distance from 50-Day Simple moving average is 10.75 Percent and Distance from 200-Day Simple Moving Average of 31.65 percent.

A look at performance overview of Western Digital Corporation depicts that Performance (Week) is 4.04 percent while Performance Month is 8.93%. Quarterly performance shows a value of 37.57% and Half Year Performance value stands at 34.23%. Yearly performance of the stock has the value of 3.5 percent. Western Digital Corporation has its YTD performance of 9.28 Percent. (YTD performance is the most important factor to consider; if YTD is negative, the stock is declining; if the YTD Performance value is Positive the stock is surging).

Insider Trades:

Many Insiders have done trades inside the company. The latest trade was made on 13 Nov 2016 where Officer Ray (Michael Charles) did a transaction type “Sell” in which 1000 shares were traded at a price of $60. Another insider trade includes Director DeNero (Henry T) who also initiated a transaction in which 1750 shares were traded on 7 Nov 2016 as “Sell”. On 6 Nov 2016 Director Massengill (Matthew E) traded 700 shares as “Sell” at $57.74. Director Massengill (Matthew E) Sell 1487 shares on 6 Nov 2016 at the price of $57.11.

Upgrades/Downgrades Report:

The latest Upgrades/Downgrades was done by Research firm BofA/Merrill on 27-Oct-16 who Upgrade the stock from Underperform to Neutral. Other firms have also Upgraded/Downgraded the stock. On 13-Sep-16, Longbow took an action “Upgrade” from Neutral to Buy. On 3-Aug-16, the stock was Downgrade to Sell by Goldman.