Western Digital Corp (NASDAQ: WDC): Is It A Buying Opportunity Again?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

Stocks Info

WDC belongs to the Technology sector of the NASDAQ while operating in the Computer Hardware industry. The current market capitalization of Western Digital Corp is $22.21B. A total of 5.3 million shares were traded on the day, compared to an average of 5.35M shares.

In the most recent transaction, Zamiska Gene M. sold 313 shares of WDC for 72.63 per share on Nov 29 ’24. After the transaction, the SVP & Princ. Acctg Officer now owns 28,383 company shares. In a previous transaction on Nov 29 ’24, GENE M ZAMISKA bought 313 shares at 72.63 per share.

Among the insiders who sold shares, Zamiska Gene M. disposed of 658 shares on Nov 26 ’24 at a per-share price of $69.99. This resulted in the SVP & Princ. Acctg Officer holding 28,863 shares of WDC after the transaction. In another insider transaction, GENE M ZAMISKA bought 658 shares at $69.99 per share on Nov 26 ’24.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, WDC has a high of $81.55 and a low of $50.88.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. WDC’s latest balance sheet shows that the firm has $2.33B in Cash & Short Term Investments as of fiscal 2022. There were $7.02B in debt and $5.24B in liabilities at the time. Its Book Value Per Share was $33.65, while its Total Shareholder’s Equity was $12.22B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for WDC is Buy with a score of 4.43.

Most Popular

Related Posts