Western Digital Shares Reach New Highs Amid Executive Stock Sales

Western Digital Corporation continues its impressive market performance, with shares climbing to unprecedented levels following a stellar quarterly earnings report. However, this upward trajectory coincides with significant insider selling activity, creating a complex picture for investors.

On October 30, 2025, the data storage specialist unveiled financial results for the first quarter of 2026 that substantially exceeded market projections. The company reported revenue surged 27 percent to $2.82 billion, while adjusted earnings per share reached $1.78, comfortably beating analyst estimates.

The company’s margin expansion proved particularly noteworthy, with adjusted gross margin hitting 43.9% and operating margin reaching 30.4%. Western Digital also demonstrated robust cash generation, with free cash flow totaling $599 million.

In response to this strong financial Read more...