Western Digital Corporation (WDC) - Technical observation

Torray Llc sold 4,046 shares as the company's stock rose 4.95% with the market. Ejf Capital Llc who had been investing in Si Finl Group Inc Md for a number of months, seems to be less bullish one the $171.46 million market cap company. The stock decreased 1.03% or $0.005 during the last trading session, reaching $0.501. Investors will get a clear idea on how much they can earn per share on each of the outstanding shares of common stock. It has underperformed by 12.35% the S&P500.

Tocqueville Asset Management Lp decreased its stake in Western Digital Corporation (WDC) by 87.16% based on its latest 2017Q3 regulatory filing with the SEC. The hedge fund run by Israel Englander held 906,591 shares of the electronic components company at the end of 2017Q3, valued at $78.33M, up from 3,206 at the end of the previous reported quarter. Northern, Illinois-based fund reported 3.46 million shares. It has outperformed by 109.15% the S&P500. The average investment recommendation on a scale of 1 to 5 (1 being a strong buy, 3 a hold, and 5 a sell) is 2.10, which implies that analysts are generally neutral in their outlook for WDC over the next year. Therefore 67% are positive. Amphenol had 45 analyst reports since July 23, 2015 according to SRatingsIntel. Following the sale, the insider now owns 70,560 shares of the company's stock, valued at approximately $5,997,600. Zacks downgraded the stock to "Buy" rating in Wednesday, August 26 report. The firm has "Positive" rating given on Monday, August 24 by Susquehanna. A composite of 13 technical indicators that includes measures such as moving averages and momentum oscillators suggests that WDC is a buy, which implies that WDC is expected to outperform the market based on prior trading patterns. The stock has "Outperform" rating by CLSA on Tuesday, November 8.

Western Digital (NASDAQ:WDC) last issued its quarterly earnings data on Thursday, January 25th. Guggenheim has "Buy" rating and $12500 target. The stock of Western Digital Corporation (NASDAQ:WDC) earned "Buy" rating by Wells Fargo on Tuesday, November 14. The company was maintained on Wednesday, October 12 by Maxim Group. The rating was maintained by Jefferies on Friday, May 27 with "Buy".

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Investors sentiment is 1.12 in 2017 Q3. Its the same as in 2017Q2. It has no change, as 65 investors sold WDC shares while 212 reduced holdings. only 69 funds opened positions while 240 raised stakes. 292.31 million shares or 0.47% less from 293.69 million shares in 2017Q2 were reported. Net profit margin of Western Digital Corporation (WDC) was recorded at 1.9 percent, operating profit margin was 15.2 percent, while gross profit margin stands at 35.6 percent. Bokf Na holds 16,365 shares or 0.04% of its portfolio. State Board Of Administration Of Florida Retirement Systems owns 421,162 shares. Cibc World Corporation stated it has 0.46% in Western Digital Corporation (NASDAQ:WDC). Cornerstone Capital Mngmt Ltd Liability holds 0.39% or 576,655 shares. Highstreet Asset Management Incorporated holds 13,082 shares. Amalgamated Bank now owns 33,781 shares of the data storage provider's stock worth $2,919,000 after buying an additional 689 shares in the last quarter. Buckhead Capital Mngmt Llc has 78,379 shares for 1.46% of their portfolio. Quinn Opportunity Prtn Ltd Liability holds 17,098 shares or 0.02% of its portfolio. Clinton Group Inc accumulated 0.04% or 3,865 shares. Northwest Invest Counselors Ltd Com holds 0% or 34 shares.

COPYRIGHT VIOLATION WARNING: "Western Digital (WDC) Releases FY18 Earnings Guidance" was originally published by Week Herald and is owned by of Week Herald. It also increased its holding in Oracle Corp (NYSE:ORCL) by 296,391 shares in the quarter, for a total of 421,568 shares, and has risen its stake in Walgreens Boots Alliance Inc.

Since August 3, 2017, it had 0 buys, and 7 selling transactions for $3.44 million activity. On Thursday, August 3 the insider DeMaria Jacqueline sold $1.21 million. The insider Sivaram Srinivasan sold 3,098 shares worth $263,330. LONG MARK P sold $122,831 worth of stock or 1,517 shares. During the same quarter in the previous year, the firm posted $2.30 earnings per share. sell-side analysts forecast that Western Digital will post 12.62 EPS for the current year.

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Kensico Capital Management Corp, which manages about $7.43B and $6.59 billion US Long portfolio, decreased its stake in Welbilt Inc by 1.89M shares to 9.34 million shares, valued at $215.32 million in 2017Q3, according to the filing. It also increased its holding in Keycorp New (NYSE:KEY) by 37,512 shares in the quarter, for a total of 100,967 shares, and has risen its stake in United Parcel Service Inc (NYSE:UPS).

Among 6 analysts covering News Corporation (NASDAQ:NWSA), 4 have Buy rating, 1 Sell and 1 Hold. Western Digital had 156 analyst reports since July 23, 2015 according to SRatingsIntel. The rating was maintained by Stifel Nicolaus on Friday, July 28 with "Hold". The rating was initiated by Piper Jaffray on Monday, June 5 with "Overweight". The firm has "Equalweight" rating given on Wednesday, October 14 by Barclays Capital. Macquarie Research upgraded the stock to "Outperform" rating in Monday, July 27 report. On Thursday, October 20 the stock rating was maintained by RBC Capital Markets with "Top Pick".

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