Western Digital Corp (Put) (WDC) Position Has Raised by Equitec Specialists Llc

June 20, 2017 - By Nellie Frank

Investors sentiment decreased to 1.11 in Q4 2016. Its down 0.02, from 1.13 in 2016Q3. It is negative, as 49 investors sold WDC shares while 223 reduced holdings. 99 funds opened positions while 203 raised stakes. 235.90 million shares or 1.40% less from 239.26 million shares in 2016Q3 were reported. 39,677 were reported by Prelude Capital Management Ltd Liability Company. Everpoint Asset Mngmt Lc holds 0.08% of its portfolio in Western Digital Corp (NASDAQ:WDC) for 65,000 shares. Zacks Investment Management reported 0.02% of its portfolio in Western Digital Corp (NASDAQ:WDC). Apg Asset Management Nv holds 0.17% or 1.41 million shares. Factory Mutual Ins Co owns 361,200 shares. Clark Estates Ny stated it has 0.65% in Western Digital Corp (NASDAQ:WDC). C M Bidwell Associate Ltd invested 1.82% in Western Digital Corp (NASDAQ:WDC). Commonwealth Of Pennsylvania School Empls Retrmt Systems stated it has 0.02% of its portfolio in Western Digital Corp (NASDAQ:WDC). Principal Fincl Group Incorporated invested 0.04% of its portfolio in Western Digital Corp (NASDAQ:WDC). Summit Grp Lc invested in 22,934 shares. Thompson Siegel Walmsley Ltd Liability Com owns 683,693 shares. York Management Global Advisors Limited Co owns 268,246 shares or 0.49% of their US portfolio. Legal And General Grp Inc Inc Plc has invested 0.08% in Western Digital Corp (NASDAQ:WDC). Alpha Cubed Limited Com holds 209,655 shares. 40 are held by Tarbox Grp.

Since January 9, 2017, it had 0 buys, and 19 sales for $28.48 million activity. The insider RAY MICHAEL CHARLES sold 1,208 shares worth $107,427. $753,868 worth of Western Digital Corp (NASDAQ:WDC) was sold by Sivaram Srinivasan. $1.03 million worth of Western Digital Corp (NASDAQ:WDC) was sold by LONG MARK P. Shares for $2.61M were sold by BHATIA MANISH H on Monday, February 27. MILLIGAN STEPHEN D had sold 68,419 shares worth $5.27M. CORDANO MICHAEL D sold $465,784 worth of stock. DeMaria Jacqueline also sold $1.86M worth of Western Digital Corp (NASDAQ:WDC) on Monday, May 1.

Equitec Specialists Llc increased its stake in Western Digital Corp (Put) (WDC) by 554.05% based on its latest 2016Q4 regulatory filing with the SEC. Equitec Specialists Llc bought 102,500 shares as the company’s stock rose 15.69% with the market. The institutional investor held 121,000 shares of the electronic components company at the end of 2016Q4, valued at $8.22M, up from 18,500 at the end of the previous reported quarter. Equitec Specialists Llc who had been investing in Western Digital Corp (Put) for a number of months, seems to be bullish on the $25.76B market cap company. The stock increased 1.74% or $1.52 during the last trading session, reaching $88.64. About shares traded. Western Digital Corp (NASDAQ:WDC) has risen 125.85% since June 20, 2016 and is uptrending. It has outperformed by 109.15% the S&P500.

Equitec Specialists Llc, which manages about $419.21M US Long portfolio, decreased its stake in Allergan Plc by 5,213 shares to 462 shares, valued at $352,000 in 2016Q4, according to the filing. It also reduced its holding in Iridium Communications Inc (NASDAQ:IRDMB) by 26,477 shares in the quarter, leaving it with 3,046 shares, and cut its stake in Universal Corp Va (Put) (NYSE:UVV).

More notable recent Western Digital Corp (NASDAQ:WDC) news were published by: Bloomberg.com which released: “Toshiba Warns Western Digital in Second Letter Over Chip Sale” on June 07, 2017, also Nytimes.com with their article: “Western Digital Seeks Court Injunction to Block Sale of Toshiba Chip Unit” published on June 15, 2017, Reuters.com published: “Toshiba says Western Digital meeting didn’t dispel concerns over chip proposal” on June 09, 2017. More interesting news about Western Digital Corp (NASDAQ:WDC) were released by: Seekingalpha.com and their article: “When Will Western Digital Raise Its Dividend?” published on June 13, 2017 as well as Reuters.com‘s news article titled: “Western Digital to raise Toshiba chip offer in last-ditch bid-source” with publication date: June 12, 2017.

Western Digital Corp (NASDAQ:WDC) Ratings Coverage

Among 32 analysts covering Western Digital (NASDAQ:WDC), 24 have Buy rating, 1 Sell and 7 Hold. Therefore 75% are positive. Western Digital had 91 analyst reports since July 23, 2015 according to SRatingsIntel. The firm earned “Outperform” rating on Wednesday, September 7 by Cowen & Co. Citigroup initiated Western Digital Corp (NASDAQ:WDC) on Wednesday, January 27 with “Buy” rating. The stock of Western Digital Corp (NASDAQ:WDC) earned “Neutral” rating by Bank of America on Thursday, October 27. The stock of Western Digital Corp (NASDAQ:WDC) earned “Buy” rating by Brean Capital on Tuesday, March 15. The rating was initiated by BMO Capital Markets with “Market Perform” on Friday, December 11. The firm has “Buy” rating by Maxim Group given on Monday, October 19. The company was maintained on Wednesday, October 21 by Deutsche Bank. The company was upgraded on Tuesday, April 11 by JP Morgan. Needham maintained the shares of WDC in report on Thursday, October 27 with “Strong Buy” rating. The firm has “Buy” rating given on Wednesday, December 7 by Mizuho.

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