Beta value of the stock is marked at 1.09. The institutional investor held 68,300 shares of the electronic components company at the end of 2017Q3, valued at $5.90 million, up from 5,200 at the end of the previous reported quarter. Companies having a market cap of $10 billion or more are typically considered as the major players of the market.
The stock increased 0.14% or $0.05 during the last trading session, reaching $36.9. Forrester Research, Inc. (FORR) has risen 5.93% since January 12, 2017 and is uptrending. It has outperformed by 24.43% the S&P500.
Shell Asset Management Co decreased Western Digital Corp (WDC) stake by 3.33% reported in 2017Q3 SEC filing. Bridgewater Associates Lp sold 260,161 shares as Turquoise Hill Res Ltd (TRQ)'s stock declined 20.46%. American International Group Inc. now owns 10,109,982 shares of the data storage provider's stock valued at $591,131,000 after buying an additional 489,981 shares during the last quarter. C M Bidwell & Associates Ltd who had been investing in Western Digital Co for a number of months, seems to be less bullish one the $24.33B market cap company. Neuberger Berman Group LLC now owns 3,393,531 shares of the data storage provider's stock valued at $160,379,000 after buying an additional 1,722,928 shares during the last quarter.
At the session level, shares of Western Digital Corporation (NASDAQ:WDC) moved 2.16% from the open. It has outperformed by 109.15% the S&P500.
Since August 10, 2017, it had 0 buys, and 5 insider sales for $5.60 million activity. Shares for $302,975 were sold by CORDANO MICHAEL D. Muilenburg Dennis A also sold $13.84 million worth of The Boeing Company (NYSE:BA) on Monday, July 31. BOWEN BRUCE M also sold $804,173 worth of Plus500 Ltd. (LON:PLUS) shares. They expect $2.87 earnings per share, up 16.19% or $0.40 from last year's $2.47 per share. FORR's profit will be $3.77 million for 51.37 P/E if the $0.21 EPS becomes a reality. The data storage provider reported $3.56 earnings per share for the quarter, topping analysts' consensus estimates of $3.01 by $0.55.
Investors sentiment is 1.12 in Q3 2017. The active investment managers in our partner's database reported: 240.32 million shares, up from 233.59 million shares in 2017Q2. Moreover, Arrowmark Colorado Holdings Llc has 0.12% invested in the company for 242,695 shares. Bancshares Of America De invested in 0% or 781,961 shares. Gulf Retail Bank (Uk) reported 90,293 shares. Western Digital Corporation has a 52 week low of $69.10 and a 52 week high of $95.77. People s United Financial Inc. increased its stake in shares of Western Digital by 0.3% in the second quarter. As for the shares, it has gone below the 20 days moving average and is now hovering within a distance of -1.03%. Pinnacle invested 0.33% of its portfolio in The Boeing Company (NYSE:BA). Greenleaf Trust has 275 shares. Mountain Lake Ltd holds 0.01% or 13,800 shares in its portfolio. Company insiders own 0.31% of the company's stock. Catawba Va stated it has 1.21% in The Boeing Company (NYSE:BA). Meiji Yasuda Asset Management Co owns 7,669 shares. Wealthtrust, a Alabama-based fund reported 800 shares.
Among 8 analysts covering Taiwan Semiconductor Manufacturing (NYSE:TSM), 2 have Buy rating, 0 Sell and 6 Hold. Therefore 30% are positive. Tracking the stock price in relation to moving averages as well as highs and lows for the year might assist with evaluating future stock performance. The stock was sold at an average price of $85.97, for a total value of $352,219.09. The firm's revenue was up 9.9% on a year-over-year basis. research analysts predict that Western Digital will post 12.21 EPS for the current fiscal year. Also, Director Henry T. Denero sold 4,097 shares of the firm's stock in a transaction dated Monday, October 30th. The rating was maintained by Maxim Group with "Buy" on Thursday, November 16. The firm has "Hold" rating given on Thursday, October 13 by HSBC. $126,713 worth of stock was sold by LONG MARK P on Monday, September 11.
The market capitalization (Stock Price Multiply by Total Number of Outstanding Shares) for the company is reported at $263.61B. RBC Capital Markets maintained it with "Buy" rating and $11500 target in Monday, July 3 report. As per Tuesday, June 7, the company rating was upgraded by Maxim Group. The stock of The Boeing Company (NYSE:BA) has "Buy" rating given on Monday, July 17 by Cowen & Co. On Wednesday, September 6 the stock rating was maintained by KeyBanc Capital Markets with "Hold". The legal version of this report can be read at https://stocknewstimes.com/2018/01/13/exxonmobil-investment-management-inc-tx-has-3-74-million-holdings-in-western-digital-corporation-wdc.html. During the same quarter a year ago, the firm earned $1.18 earnings per share. WDC's profit would be $1.02 billion giving it 5.98 P/E if the $3.44 EPS is correct. Inc. grew its position in shares of Western Digital by 0.6% during the 2nd quarter.
Since August 3, 2017, it had 0 insider buys, and 10 selling transactions for $6.56 million activity. ANDERSON STEPHEN A. sold $11.97 million worth of stock or 124,536 shares.
Western Digital (NASDAQ:WDC) last announced its earnings results on Thursday, October 26th. $1.21 million worth of Western Digital Corporation (NASDAQ:WDC) was sold by DeMaria Jacqueline.
Western Digital Corporation (NASDAQ:WDC) saw a large growth in short interest during the month of December.
Ratings analysis reveals 69% of Western Digital's analysts are positive. The lowest target is $39 while the high is $140. $105.13's average target is 27.82% above currents $82.25 stock price. After $3.28 actual earnings per share reported by Western Digital Corporation for the previous quarter, Wall Street now forecasts 4.88% EPS growth. The rating was maintained by Barclays Capital on Friday, October 27 with "Overweight".
Western Digital (NASDAQ WDC) opened at $83.12 on Friday. Sterne Agee CRT downgraded it to "Neutral" rating and $38.0 target in Friday, October 23 report. The rating was maintained by Barclays Capital with "Overweight" on Tuesday, November 7. The company was maintained on Thursday, December 17 by RBC Capital Markets. Drexel Hamilton maintained Texas Instruments Incorporated (NASDAQ:TXN) on Wednesday, January 25 with "Buy" rating.