20 Large-Cap Stocks Insiders and Short Sellers Are Dumping Like Crazy

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7. Western Digital Corporation (NASDAQ:WDC)

Short Float: 8.84%

Insider Transaction: -3.36%

Based in California, Western Digital Corporation (NASDAQ:WDC) is a global leader in digital storage solutions, including HDDs, SSDs, and flash memory products. The company’s customer base ranges from individual consumers to enterprise and OEM markets. Operating under brands like Western Digital and SanDisk, Western Digital Corporation (NASDAQ:WDC) competes with other leaders in the industry, including Seagate and Samsung. Vertical integration and NAND technology partnerships offer the company a competitive edge. Meanwhile, the rising data demand across AI, edge computing, and mobile applications makes the company a contender in next-generation storage architectures.

Though the year-on-year growth of its revenue stands strong, the company has experienced a 5% sequential decline in its third-quarter revenue for 2025. The consumer segment, client segment, and cloud segment each fell by 13%, 2%, and 4%, respectively, marking a significant fall in the company’s overall performance. On February 21, 2025, Western Digital Corporation (NASDAQ:WDC) completed the separation of the Flash business unit (Sandisk), which has introduced a transition period and potential instability. Additionally, external factors, including the current global economic and geopolitical uncertainty and shifting trade dynamics, continue to influence the company’s business operations.

Western Digital Corporation (NASDAQ:WDC)’s short float sits at 8.84%, reflecting a heightened bearish interest in the data storage sector. Though insiders have reduced their positions by just 3.36%, it is still a notable withdrawal. Continued pressure from insiders and short sellers indicates consistent skepticism over the company’s recovery.

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