Shares of Western Digital Corporation (WDC) Sees Large Inflow of Net Money Flow

Western Digital Corporation (WDC) : Fridays money flow indicated an uptick to downtick ratio was at 1.21. The total value of inflow transactions on upticks was $11.12 million, whereas, the total value of outflow trades on downticks was $9.19 million. The total money flow was $1.94 million, which shows a mild bullish bias. The total money flow into the stock in block trades was $2.96 million. The total value of the trades done on upticks was $2.96 million. Western Digital Corporation (WDC) was trading with a -0.45% change over previous days close. It fell $0.23 during the day and reached $51.42. The stock was -0.46% compared to the previous weeks close.


Western Digital Corporation (WDC) : Average target price received by Western Digital Corporation (WDC) is $59.63 with an expected standard deviation of $16.44. The most aggressive target on the stock is $97, whereas the most downbeat target is $32. 16 financial analysts are currently covering the stock.

Western Digital Corporation (NASDAQ:WDC): stock turned positive on Friday. Though the stock opened at $51.86, the bulls momentum made the stock top out at $52.42 level for the day. The stock recorded a low of $50.93 and closed the trading day at $52.4, in the green by 1.45%. The total traded volume for the day was 3,323,266. The stock had closed at $51.65 in the previous days trading.

In a related news, The Securities and Exchange Commission has divulged in a Form 4 filing that the CEO of Western Digital Corp, Milligan Stephen D had purchased shares worth of $1,024,425 in a transaction dated on May 31, 2016. A total of 22,500 shares were purchased at a price of $45.53 per share. The information is based on open market trades at the market prices.Option exercises are not covered.

Western Digital Corporation, is a data storage solutions company. The Company is a developer, manufacturer and provider of data storage solutions that enable consumers, businesses, governments and other organizations to create, manage, experience and preserve digital content. The Companys Technology product includes: Hard Disk Drives and Solid-State Drives. Hard Disk Drives, provide non-volatile data storage. Solid-State Drives, are semiconductor and non-volatile media. The Company offers solutions including: Enterprise Storage Solutions, Client Desktop and Notebook PCs, Branded Product Solutions, Consumer Electronics Solutions. The Companys products are marketed under the HGST, WD and G-Technology brand names.

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