Western Digital Corporation (WDC) shares underwent various trading activities recorded by different firms. Point72 Asset Management, ProShare Advisors, and Parsifal Capital Management sold WDC shares while Toronto Dominion Bank and Quantinno Capital Management acquired more. As part of its strategic plans, WDC announced a $2.0 billion share repurchase program, leading to a surge in investor interest. Despite varying opinions, 18 experts gave their verdict on WDC, emphasizing its remarkable turnaround in operations.
In their Q3 2025 earnings call, WDC highlighted their strong year-over-year growth and welcomed Kris Sennesael as the new Chief Financial Officer. Additionally, they announced new strategies towards AI acceleration, disaggregated storage, and SDS at Computex 2025.
One notable point is the planned company separation and the appointment of Ahmed Shihab as Chief Product Officer. Furthermore, WDC engaged in a long-term collaborative project with Ingrasys to deliver high-performance, fabric-attached disaggregated storage for AI workflows. The company's financial results for different quarters and its 10-Q report were also featured.
Despite some bearish options activity, WDC remains an attractive option for investors, with predictions of it being the best performing data center stock in 2025.
Western Digital Corp WDC News Analytics from Fri, 25 Oct 2024 07:00:00 GMT to Sat, 24 May 2025 09:27:22 GMT -
Rating 7
- Innovation 4
- Information 8
- Rumor 3
