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Western Digital (NASDAQ:WDC) Insider Vidyadhara Gubbi Sells 10,148 Shares
Vidyadhara Gubbi, an insider at Western Digital (NASDAQ:WDC), sold 10,148 shares of company stock on March 4th for approximately $2.74 million, reducing their stake by 8.6%. The company recently reported strong earnings, beating analyst expectations, with significant revenue growth attributed to increasing AI-driven demand for its storage solutions. Despite the positive financial performance and analyst bullishness on AI demand, the article notes some caution regarding valuation and cyclical risks.