Western Digital's Chief Sales Officer Purchases Shares

Davis Brian Scott, the Chief Sales & Marketing Officer at Western Digital Corporation, bought 7 shares of the company on June 20, 2026. The stock was trading close to $737.4 on Tuesday. This insider transaction comes as the company continues to navigate its place in the competitive technology sector.

Insider Buying and Selling at Western Digital Corporation

On June 20, 2026, Davis Brian Scott, Chief Sales & Marketing Officer, purchased 7 shares of Western Digital. This transaction was not part of a pre-scheduled trading plan. On the same day, other transactions included the CEO, Irving Tan, selling 1,090 shares at an average price of $746.23.

Other Institutional Activity in Western Digital

Several major funds have adjusted their positions in Western Digital recently. BlackRock, Inc. increased its holdings by 259,704 shares, ending with 35,769,222 shares valued at approximately $9.68 billion. FMR LLC reduced its stake by 2,170,383 shares, holding 31,623,418 shares worth around $8.55 billion. Vanguard Capital Management LLC opened a new position with 22,034,861 shares valued at $5.96 billion. JPMorgan Chase & Co boosted its stake by 3,216,183 shares, reaching a total of 17,512,148 shares valued at approximately $4.41 billion.

Western Digital Corporation Stock Up 45.6%

Shares of NasdaqGS:WDC traded near $737.4 on Tuesday. Western Digital Corporation has a market capitalization of $252.5 billion and a P/E ratio of 43.8. The stock's beta is 2.2, indicating higher volatility compared to the market. Its 52-week range is between $58.66 and $799.87, with a 50-day moving average of $479.98 and a 200-day moving average of $266.11. The company maintains a current ratio of 1.49 and a quick ratio of 1.107, with a debt-to-equity ratio of 17.81.

Analysts Set New Price Targets

Several analysts have maintained their ratings on Western Digital. On June 15, 2026, Morgan Stanley kept a 'buy' rating with a price target of $650. JP Morgan also maintained a 'buy' rating on June 12, 2026, with the same target. Mizuho, Citigroup, and Barclays also sustained 'buy' ratings with targets ranging from $575 to $685.

About Western Digital

Western Digital Corporation, based in San Jose, California, is a leading player in the technology sector, specifically in the computer hardware industry. The company develops, manufactures, and sells data storage devices and solutions, including hard disk drives (HDDs) and solid-state drives (SSDs). These products are used in a variety of applications, from personal computing to large data centers. Western Digital employs around 40,000 people and is led by CEO Mr. Tiang Yew Tan.

Bottom Line

Insider buying by Davis Brian Scott highlights ongoing interest in Western Digital's stock amid its robust market position. Western Digital's shares have shown significant movement over the past year, reflecting the company's strategic initiatives and market conditions. Investors often watch insider transactions closely as they can provide insights into the company's prospects, but it's essential to remember these filings are backward-looking and don't necessarily indicate future performance.