Analyst Opinion Summary: Western Digital Corporation (WDC), Advanced Micro Devices, Inc. (AMD)

James Marshall
December 17, 2017

The firm's market cap is $25.80 billion.

Equitec Specialists Llc increased its stake in Western Digital Corp (Put) (WDC) by 1213.46% based on its latest 2017Q2 regulatory filing with the SEC.

Summit Redstone upgraded shares of Western Digital (NASDAQ:WDC) from a hold rating to a buy rating in a research note published on Wednesday morning. The Messner & Smith Theme Value Investment Management Ltd holds 10,742 shares with $951,000 value, down from 20,334 last quarter.

Currently, the stock carries a price to earnings ratio of 0, a price to book ratio of 18.76, and a price to sales ratio of 1.96. About 5.70M shares traded or 40.12% up from the average.

BidaskClub lowered shares of Western Digital (NASDAQ:WDC) from a hold rating to a sell rating in a research note released on Thursday, December 7th. It has outperformed by 109.15% the S&P500. Capstone Asset Mngmt invested 0.06% of its portfolio in Western Digital Corporation (NASDAQ:WDC). After $0.07 actual earnings per share reported by Lumber Liquidators Holdings, Inc. for the previous quarter, Wall Street now forecasts 28.57% EPS growth.

In other news, insider Michael D. Cordano sold 9,404 shares of the firm's stock in a transaction on Monday, September 18th. Therefore 38% are positive. Finally, Cowen reissued a "buy" rating on shares of Western Digital in a report on Wednesday. Cowen and Company upped their price objective on shares of Western Digital Corporation from $90.00 to $115.00 and gave the company an "outperform" rating in a research note on Friday, April 28th. Brean Capital maintained Western Digital Corporation (NASDAQ:WDC) on Tuesday, March 15 with "Buy" rating. The company was maintained on Friday, October 27 by Citigroup. On Thursday, September 8 the stock rating was maintained by Mizuho with "Buy". As per Thursday, January 26, the company rating was maintained by Stifel Nicolaus.

Since August 3, 2017, it had 0 insider purchases, and 10 selling transactions for $6.56 million activity. DeMaria Jacqueline also sold $1.21M worth of Western Digital Corporation (NASDAQ:WDC) shares. On Thursday, August 3 the insider BHATIA MANISH H sold $234,190.

Apriem Advisors increased Vanguard Reit Etf (VNQ) stake by 6,789 shares to 22,948 valued at $1.91M in 2017Q2.

Short-term as well long term investors always focus on the liquidity of the stocks so for that concern, liquidity measure in recent quarter results of the company was recorded 2.60 as current ratio and on the opponent side the debt to equity ratio was 1.09 and long-term debt to equity ratio also remained 1.07. Its the same as in 2017Q1. It increased, as 41 investors sold WDC shares while 243 reduced holdings. About 7.16 million shares traded or 77.22% up from the average. Moreover, Amer Century has 0.01% invested in Western Digital Corporation (NASDAQ:WDC) for 146,599 shares.

At the session level, shares of Nuance Communications, Inc.(NASDAQ:NUAN) moved -0.12% from the open. 24,721 are owned by Commonwealth Equity Serv. Mitsubishi Ufj & Corp stated it has 634,981 shares. Mackenzie Finance reported 0.08% stake. Sfmg Ltd Liability Company reported 3,000 shares. More interesting news about Western Digital Corporation (NASDAQ:WDC) were released by: Investorplace.com and their article: "Why Lower Memory Prices Will Hit Western Digital Corp Stock Hard" published on November 30, 2017 as well as Reuters.com's news article titled: "Toshiba, Western Digital aiming to settle chip dispute next week: sources" with publication date: December 08, 2017. Tocqueville Asset Management LP reported 0.03% stake. At present, 0 analysts call it Sell, while 7 think it is Hold. Texas Permanent School Fund has 81,831 shares for 0.1% of their portfolio. Capital Analysts LLC acquired a new stake in Western Digital during the 2nd quarter valued at $2,777,000.

Western Digital Corporation (Western Digital) is a developer, manufacturer and 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 institutional investor held 68,300 shares of the electronic components company at the end of 2017Q2, valued at $6.05M, up from 5,200 at the end of the previous reported quarter.

A number of other analysts have also recently weighed in on WDC. Maxim Group has "Buy" rating and $108.0 target. The stock is trading for about -13.71% less than its 52-week high. The stock was sold at an average price of $88.71, for a total transaction of $834,228.84. Q was included in 11 notes of analysts from October 5, 2016. The company was maintained on Wednesday, December 7 by Mizuho. Deutsche Bank downgraded IQVIA Holdings Inc. The rating was maintained by Canaccord Genuity on Friday, October 23 with "Hold". The firm earned "Overweight" rating on Thursday, July 30 by KeyBanc Capital Markets. (NYSE:Q) rating on Wednesday, February 15. The stock has "Outperform" rating by Robert W. Baird on Wednesday, October 25. As per Tuesday, September 12, the company rating was initiated by Loop Capital Markets. The stock of IQVIA Holdings Inc. (NASDAQ:AMZN) on Friday, October 23 with "Buy" rating.

Analysts await Amazon.com, Inc. Benjamin F Edwards And reported 0.01% of its portfolio in Western Digital Corporation (NASDAQ:WDC). Ameriprise Financial Inc. now owns 4,443,866 shares of the data storage provider's stock worth $393,778,000 after acquiring an additional 405,293 shares in the last quarter. Compton Capital Ri holds 1.1% in AT&T Inc. Cibc Mkts holds 0.39% in AT&T Inc. Ci Invests Incorporated has 457 shares for 0% of their portfolio. The California-based Sanctuary Wealth Advisors Llc has invested 0.09% in the stock. Sei Investments, a Pennsylvania-based fund reported 19 shares.

It closed at $103.48 lastly. TapImmune, Inc. (NASDAQ:TPIV) has declined 49.91% since December 16, 2016 and is downtrending.

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