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Western Digital Corporation (WDC) Stock Rating Reaffirmed by Mizuho

Western Digital Corporation (WDC) Stock Rating Reaffirmed by Mizuho”

11,631 Western Digital Corp (NASDAQ:WDC) shares with value of $1.03 million were sold by LONG MARK P. DeMaria Jacqueline sold $1.86M worth of stock. Old Mutual Customised Solutions (Proprietary) reported 5,401 shares. Western Digital Corporation now has $26.18B valuation. It closed at $89.56 lastly. Moors & Cabot Inc sold 4,792 shares as Western Digital Corp (WDC)'s stock rose 15.69%. It has outperformed by 109.15% the S&P500.

ADM TRONICS UNLTD (OTCMKTS:ADMT) had a decrease of 30.88% in short interest. ADS's SI was 2.27 million shares in September as released by FINRA. Its down 17.88% from 2.76M shares previously. The stock decreased 0.46% or $0.39 during the last trading session, reaching $84.39. About shares traded. Alliance Data Systems Corporation (NYSE:ADS) has risen 14.47% since September 7, 2016 and is uptrending.

Wesbanco Bank Inc. grew its holdings in shares of Western Digital Corporation (NASDAQ:WDC) by 40.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. Therefore 74% are positive. Western Digital Corporation had a net profit margin of 2.08% and a ROE of 21.23%. the company reported sales of $4.84 B for the period, compared to analysts' anticipations of $4.82 B. for the same period in the prior fiscal year, the business reported $0.79 EPS. the firms for the quarter end, revenue was upwards of 38.5% compared with the same period in the prior year. The stock of Western Digital Corp (NASDAQ:WDC) has "Outperform" rating given on Tuesday, May 24 by Cowen & Co. Maxim Group has "Buy" rating and $10800 target. The firm earned "Buy" rating on Wednesday, June 21 by Maxim Group. Stifel Nicolaus maintained it with "Buy" rating and $12000 target in Sunday, August 6 report. The company was maintained on Tuesday, June 13 by Guggenheim. As per Thursday, August 25, the company rating was maintained by Mizuho. The rating was maintained by BTIG Research on Friday, July 28 with "Buy". The rating was maintained by Deutsche Bank on Monday, January 11 with "Buy". Robert W. Baird maintained it with "Hold" rating and $98.0 target in Wednesday, August 23 report. Citigroup maintained Western Digital Corp (NASDAQ:WDC) rating on Friday, May 27.

Since April 7, 2017, it had 0 insider purchases, and 14 selling transactions for $18.96 million activity. Shares for $3.58 million were sold by Sivaram Srinivasan. Another trade for 524 shares valued at $48,365 was made by RAY MICHAEL CHARLES on Friday, June 2. BHATIA MANISH H had sold 13,295 shares worth $1.16M. CORDANO MICHAEL D sold $447,996 worth of stock. British Columbia Investment Corporation reported 165,991 shares. Following the transaction, the chief financial officer now directly owns 53,551 shares of the company's stock, valued at approximately $5,025,225.84. S&P Global Inc was reduced too. This is an increase of approximately 292% compared to the average daily volume of 1,613 call options. Its up 0.11, from 1.01 in 2016Q3. Eight financial stock experts recommended the company shares with a hold recommendation, thirty-one have issued a buy recommendation and 1 have issued a strong buy recommendation to the share. Ls Advsr Ltd Llc stated it has 0.05% of its portfolio in Western Digital Corp (NASDAQ:WDC). Natixis holds 492,053 shares. Spectrum Mngmt Gp has invested 0.38% in Western Digital Corp (NASDAQ:WDC). Connor Clark Lunn Inv Mgmt Ltd holds 0% or 8,700 shares. Harbour Capital Advisors LLC purchased a new position in Western Digital Corporation in the first quarter valued at $117,000. Verition Fund Ltd Liability Corporation reported 0.22% stake. Saturna holds 4,000 shares or 0.01% of its portfolio. 819,190 were accumulated by Evercore Trust Na. About shares traded. Western Digital Corp (NASDAQ:WDC) has risen 125.85% since September 7, 2016 and is uptrending.

Western Digital Corporation is a developer, maker and well-known provider of data storage devices and solutions that address the needs of the information technology (IT) industry and the infrastructure that enables the proliferation of data in virtually every industry. The stock has a market cap of $26.13 billion, a PE ratio of 66.79 and a beta of 1.21. The Firm offers a portfolio of integrated outsourced marketing solutions, including customer loyalty programs, database marketing services, end-to-end marketing services, analytics and creative services, direct marketing services, and private label and co-brand retail credit card programs.

Investors sentiment increased to 0.85 in 2016 Q4. Its down 0.14, from 1.02 in 2016Q3. 28 funds opened positions while 45 raised stakes. Washington Trust Communication has 2,640 shares. Pine River Management L P holds 0.03% or 10,013 shares in its portfolio. 44,221 were reported by Calamos Advisors Limited Company. Johnson Inv Counsel stated it has 10,107 shares or 0.02% of all its holdings. Northern Tru Corporation invested in 962,757 shares or 0.07% of the stock. Synovus owns 0% invested in Ingersoll-Rand PLC (NYSE:IR) for 1,600 shares. Zweig accumulated 56,600 shares. It has outperformed by 6.43% the S&P500.The move comes after 9 months negative chart setup for the $1.19 billion company. Pinnacle Associates Limited owns 55,790 shares. Brown Brothers Harriman accumulated 235 shares. Therefore 54% are positive.

Many other brokerage firm analysts also published research study on WDC. Barclays Capital maintained the stock with "Overweight" rating in Tuesday, January 31 report. The rating was upgraded by Argus Research on Thursday, October 1 to "Buy". The stock of BP plc (LON:BP) has "Underperform" rating given on Friday, February 5 by Credit Suisse. The stock of Western Digital Corp (NASDAQ:WDC) earned "Equal-Weight" rating by Morgan Stanley on Thursday, July 23. Sterne Agee CRT initiated the shares of ADS in report on Thursday, December 17 with "Buy" rating. The firm has "Hold" rating by Stifel Nicolaus given on Monday, July 18.

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