The insider sales are negligible in size and follow a strong earnings report. No bearish read-through. Monitor for any acceleration in insider selling volume in the next 30 days, but this cluster alone does not warrant action.
Price Chart
Executive Summary
Two WDC insiders sold a total of $2.89M in open-market sales within 12 days of a strong earnings beat (Q3 FY26: revenue +45% YoY, non-GAAP EPS +97% YoY) and raised Q4 guidance. The sales represent ~0.002% of market cap — trivial in size — and are likely routine portfolio rebalancing following a 45% YoY revenue surge and 20% dividend hike. No bearish signal.
Key Financial Metrics
Key Facts
- Two insiders sold: Chief Sales & Marketing Officer ($820K) and Chief of Global Operations ($2.07M)
- Total insider sales of $2.89M represent ~0.002% of WDC's $177.8B market cap
- Q3 FY26 revenue $3.34B, up 45% YoY; non-GAAP EPS $2.72, up 97% YoY
- Q4 FY26 guidance: revenue $3.65B midpoint, non-GAAP gross margin 51-52%, non-GAAP EPS $3.25
- Quarterly dividend increased 20% to $0.15/share
- No insider purchases in the cluster
Financial Impact
Insider sales of $2.89M — immaterial relative to $177.8B market cap
Risk Factors
- Insider selling could increase if the stock continues to rally post-earnings
- No insider buying to signal confidence at current levels
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-WDC-1778634435763 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Sep 14, 2026 18d ago | 8-K | $426.94 $448.17 | ▲ +4.97% | ▲ +4.87% | $462.56 (+8.34%) |
Sep 2, 2026 29d ago | Insider Cluster | $441.57 $447.18 | ▲ +1.27% | ▲ +2.42% | $462.56 (+4.75%) |
Sep 2, 2026 29d ago | Insider Cluster | $441.57 $447.18 | ▲ +1.27% | ▲ +2.42% | $462.56 (+4.75%) |
Aug 26, 2026 5w ago | 8-K | $468.88 $448.90 | ▼ −4.26% | ▼ −4.14% | $462.56 (−1.35%) |
Jul 29, 2026 9w ago | Insider Cluster | $533.04 $451.52 | ▼ −15.29% | ▼ −18.92% | $462.56 (−13.22%) |
Jun 11, 2026 16w ago | Insider Cluster | $562.93 $746.23 | ▲ +32.56% | ▲ +31.89% | $462.56 (−17.83%) |
Jun 11, 2026 16w ago | Insider Cluster | $562.93 $746.23 | ▲ +32.56% | ▲ +31.89% | $462.56 (−17.83%) |
Jun 3, 2026 17w ago | 8-K | $593.83 $490.09 | ▼ −17.47% | ▼ −13.65% | $462.56 (−22.11%) |
Jun 2, 2026 17w ago | Insider Cluster | $593.83 $490.09 | ▼ −17.47% | ▼ −13.65% | $462.56 (−22.11%) |
Jun 2, 2026 17w ago | Insider Cluster | $593.83 $490.09 | ▼ −17.47% | ▼ −13.65% | $462.56 (−22.11%) |
US Market Status
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