Western Digital Corp (WDC) Holder Hap Trading LLC Boosted Its Position by $10.18 Million

Western Digital Corporation (NASDAQ:WDC) LogoInvestors sentiment decreased to 1 in 2019 Q2. Its down 0.31, from 1.31 in 2019Q1. It turned negative, as 58 investors sold WDC shares while 169 reduced holdings. 61 funds opened positions while 166 raised stakes. 245.61 million shares or 8.88% less from 269.56 million shares in 2019Q1 were reported. Bartlett And Ltd Liability holds 0% in Western Digital Corporation (NASDAQ:WDC) or 78 shares. Belgium-based Kbc Grp Inc Nv has invested 0.01% in Western Digital Corporation (NASDAQ:WDC). Natixis Lp holds 146,114 shares. 117,589 are owned by Decatur Capital Mgmt Inc. Everence Mngmt accumulated 5,265 shares or 0.04% of the stock. Geode Capital Mngmt Ltd Liability Corporation reported 0.05% stake. Nuveen Asset Management Limited, a Illinois-based fund reported 1.31M shares. Charles Schwab Invest has 0.04% invested in Western Digital Corporation (NASDAQ:WDC). Da Davidson reported 24,288 shares. Robotti Robert stated it has 189,005 shares or 3.13% of all its holdings. Huntington State Bank accumulated 575 shares or 0% of the stock. Buckhead Capital Ltd Limited Liability Company invested 1.6% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Horizon Invests Limited Liability Corp, a North Carolina-based fund reported 8,453 shares. 42,171 are owned by Eaton Vance. Fdx Advsrs reported 7,464 shares.

Hap Trading Llc increased its stake in Western Digital Corp (WDC) by 677.09% based on its latest 2019Q2 regulatory filing with the SEC. Hap Trading Llc bought 216,669 shares as the company’s stock rose 6.08% . The institutional investor held 248,669 shares of the electronic components company at the end of 2019Q2, valued at $11.82 million, up from 32,000 at the end of the previous reported quarter. Hap Trading Llc who had been investing in Western Digital Corp for a number of months, seems to be bullish on the $19.16B market cap company. The stock increased 0.05% or $0.03 during the last trading session, reaching $64.73. About 2.15 million shares traded. Western Digital Corporation (NASDAQ:WDC) has declined 23.05% since September 13, 2018 and is downtrending. It has underperformed by 23.05% the S&P500.

Hap Trading Llc, which manages about $1.30B US Long portfolio, decreased its stake in Pioneer Nat Res Co (NYSE:PXD) by 115,584 shares to 87,016 shares, valued at $13.39 million in 2019Q2, according to the filing. It also reduced its holding in Boeing Co (NYSE:BA) by 77,720 shares in the quarter, leaving it with 10,380 shares, and cut its stake in Ishares Tr.

More notable recent Western Digital Corporation (NASDAQ:WDC) news were published by: Nasdaq.com which released: “Here’s Why You Should Get Rid of Western Digital (WDC) Stock – Nasdaq” on November 28, 2018, also Fool.com with their article: “Better Buy: Micron vs. Western Digital – Motley Fool” published on August 15, 2019, Nasdaq.com published: “Why Western Digital (WDC) is Such a Great Value Stock Pick Right Now – Nasdaq” on August 27, 2019. More interesting news about Western Digital Corporation (NASDAQ:WDC) were released by: Seekingalpha.com and their article: “BTIG praises WDC on hyperscale trends – Seeking Alpha” published on September 09, 2019 as well as Nasdaq.com‘s news article titled: “Why Western Digital Stock Jumped 27.8% in June – Nasdaq” with publication date: July 10, 2019.

Western Digital Corporation (NASDAQ:WDC) Ratings Coverage

Among 12 analysts covering Western Digital (NASDAQ:WDC), 7 have Buy rating, 3 Sell and 2 Hold. Therefore 58% are positive. Western Digital has $7600 highest and $32.5000 lowest target. $55.21’s average target is -14.71% below currents $64.73 stock price. Western Digital had 25 analyst reports since March 21, 2019 according to SRatingsIntel. Stifel Nicolaus maintained Western Digital Corporation (NASDAQ:WDC) rating on Tuesday, April 30. Stifel Nicolaus has “Buy” rating and $5500 target. Benchmark maintained Western Digital Corporation (NASDAQ:WDC) rating on Friday, September 6. Benchmark has “Sell” rating and $4600 target. RBC Capital Markets maintained it with “Outperform” rating and $60 target in Tuesday, April 9 report. The firm has “Buy” rating by Mizuho given on Wednesday, September 4. On Friday, April 26 the stock rating was downgraded by Robert W. Baird to “Underperform”. The rating was downgraded by Benchmark to “Sell” on Tuesday, July 2. Wells Fargo maintained Western Digital Corporation (NASDAQ:WDC) rating on Thursday, August 1. Wells Fargo has “Outperform” rating and $7000 target. The firm has “Buy” rating given on Tuesday, April 30 by Citigroup. The firm has “Neutral” rating given on Tuesday, April 30 by UBS. The firm has “Buy” rating given on Wednesday, September 11 by Longbow.

Western Digital Corporation (NASDAQ:WDC) Institutional Positions Chart

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