Western Digital shares rose 4.5% this afternoon to a price of $85.58. The stock is still trading within range of its average target price of $88.1, and over the last 52 weeks, it has recorded a 72.1% performance. Analysts have given the Large-Cap Electronics & Computer Distribution stock target prices ranging from $62.0 to $100.0 dollars per share, with an average rating of buy.
The stock has an above average percentage of its shares sold short at 10.8%, and a short ratio of 4.55. The company's insiders own 0.79% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that a significant number of institutional investors are invested in the stock, with 106.9% of Western Digital's shares being owned by this investor type.
Institutions Invested in Western Digital
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2025-06-30 | Vanguard Group Inc | 12% | 43,039,216 | $3,683,296,184 |
| 2025-06-30 | Blackrock Inc. | 10% | 34,996,856 | $2,995,031,000 |
| 2025-06-30 | FMR, LLC | 9% | 32,261,134 | $2,760,907,906 |
| 2025-06-30 | Bank of America Corporation | 7% | 25,877,954 | $2,214,635,350 |
| 2025-06-30 | State Street Corporation | 4% | 15,184,522 | $1,299,491,420 |
| 2025-06-30 | UBS Group AG | 3% | 11,427,216 | $977,941,166 |
| 2025-06-30 | JPMORGAN CHASE & CO | 3% | 11,308,503 | $967,781,707 |
| 2025-06-30 | FIL LTD | 3% | 10,425,084 | $892,178,707 |
| 2025-06-30 | Geode Capital Management, LLC | 3% | 9,305,289 | $796,346,649 |
| 2025-06-30 | Ameriprise Financial, Inc. | 3% | 9,059,528 | $775,314,422 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Western Digital.
