As Western Digital Corp. (WDC) Market Valuation Rose, Oak Associates LTD Has Lifted Its Holding by $3.90 Million

May 24, 2018 - By Winifred Garcia

Western Digital Corporation (NASDAQ:WDC) LogoInvestors sentiment decreased to 1.07 in Q4 2017. Its down 0.05, from 1.12 in 2017Q3. It is negative, as 68 investors sold WDC shares while 219 reduced holdings. 82 funds opened positions while 224 raised stakes. 243.21 million shares or 1.21% more from 240.32 million shares in 2017Q3 were reported. Fin Architects Inc holds 4,062 shares or 0.05% of its portfolio. Jnba Finance Advsr owns 16 shares. Fny Managed Accounts Ltd Com holds 0.02% of its portfolio in Western Digital Corporation (NASDAQ:WDC) for 337 shares. Janney Montgomery Scott Ltd Company holds 0.06% or 74,100 shares in its portfolio. Ubs Oconnor Ltd Com invested in 168,700 shares. Argentiere Cap Ag reported 0.74% in Western Digital Corporation (NASDAQ:WDC). Winslow Evans And Crocker has invested 0.29% in Western Digital Corporation (NASDAQ:WDC). Td Asset Mngmt Inc has 0.01% invested in Western Digital Corporation (NASDAQ:WDC) for 104,057 shares. Putnam Investments Limited Liability Company reported 3,726 shares. 22,055 are held by Spectrum Mgmt Grp Inc. Fmr Ltd holds 1.34 million shares or 0.01% of its portfolio. Exxonmobil Invest Mgmt Inc Tx has invested 0.1% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Freestone Capital Ltd Llc holds 9,270 shares or 0.05% of its portfolio. Citadel Advsrs Limited Com holds 0.07% or 1.41M shares in its portfolio. Shelton Capital stated it has 64,647 shares.

Since January 29, 2018, it had 0 buys, and 14 selling transactions for $26.76 million activity. MILLIGAN STEPHEN D had sold 53,264 shares worth $5.33 million. LONG MARK P had sold 7,026 shares worth $693,064. On Friday, February 16 the insider Sivaram Srinivasan sold $942,109. On Wednesday, May 16 LAMBERT MICHAEL D sold $991,202 worth of Western Digital Corporation (NASDAQ:WDC) or 11,542 shares.

Oak Associates Ltd increased its stake in Western Digital Corp. (WDC) by 108.72% based on its latest 2017Q4 regulatory filing with the SEC. Oak Associates Ltd bought 49,425 shares as the company’s stock rose 14.25% while stock markets declined. The institutional investor held 94,885 shares of the electronic components company at the end of 2017Q4, valued at $7.55 million, up from 45,460 at the end of the previous reported quarter. Oak Associates Ltd who had been investing in Western Digital Corp. for a number of months, seems to be bullish on the $26.21B market cap company. The stock decreased 1.02% or $0.9 during the last trading session, reaching $87.6. About 1.27 million shares traded. Western Digital Corporation (NASDAQ:WDC) has risen 17.32% since May 24, 2017 and is uptrending. It has outperformed by 5.77% the S&P500.

More news for Western Digital Corporation (NASDAQ:WDC) were recently published by: Investorplace.com, which released: “5 Value Stocks With Enticing EV/EBITDA Ratios” on May 23, 2018. Nasdaq.com‘s article titled: “Western Digital Corp Stock May Be a Steal” and published on May 15, 2018 is yet another important article.

Western Digital Corporation (NASDAQ:WDC) Ratings Coverage

Among 20 analysts covering Western Digital (NASDAQ:WDC), 15 have Buy rating, 0 Sell and 5 Hold. Therefore 75% are positive. Western Digital had 33 analyst reports since November 27, 2017 according to SRatingsIntel. Summit Redstone Partners upgraded the shares of WDC in report on Wednesday, December 13 to “Buy” rating. The firm has “Buy” rating by Mizuho given on Friday, February 2. The firm has “Buy” rating by Maxim Group given on Friday, January 26. The rating was maintained by Morgan Stanley with “Equal-Weight” on Friday, April 27. Craig Hallum maintained the shares of WDC in report on Monday, March 5 with “Buy” rating. The rating was maintained by Barclays Capital with “Overweight” on Friday, April 27. The stock has “Outperform” rating by Robert W. Baird on Friday, March 16. On Friday, April 27 the stock rating was maintained by Mizuho with “Buy”. Guggenheim maintained the shares of WDC in report on Tuesday, March 13 with “Buy” rating. The rating was maintained by Stifel Nicolaus on Friday, February 23 with “Buy”.

Western Digital Corporation (NASDAQ:WDC) Institutional Positions Chart

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