New York, Feb 15, 2026, 11:49 EST — The market has closed.
- Western Digital slipped 0.9% to close at $281.58 on Friday.
- A director reported a share transfer, according to a Form 4 filed on Feb. 13.
- After the U.S. holiday kept markets shut Monday, trading resumes Tuesday. Investors are waiting on Fed minutes and inflation numbers expected later in the week.
Western Digital Corp ended Friday’s session lower, finishing at $281.58 after a 0.9% dip. The stock moved between $266.67 and $289.65 during the day. Roughly 9.9 million shares traded hands, according to exchange data.
U.S. traders get a breather Monday for Presidents Day, but action picks up again Tuesday as a slew of fresh data hits. For Western Digital, already seeing big swings this month, shifts in rate sentiment and risk appetite are as important as any company news.
This week, traders are watching two things: on one side, macro releases with the power to jolt tech and growth stocks; on the other, a drip of corporate updates shaping bets across individual names. Wednesday brings the Fed’s meeting minutes, offering fresh detail on policymakers’ most recent discussions. Then, Friday’s in focus for the PCE price index—the central bank’s go-to inflation gauge.
Western Digital director Bruce E. Kiddoo gifted 910 shares to his adult children on Feb. 12, according to a regulatory filing. After the transfer, Kiddoo reported holding 4,753 shares.
Western Digital is tapping into data center demand. For the fiscal second quarter, results released Jan. 29 showed revenue landing at $3.02 billion, with non-GAAP gross margin coming in at 46.1%. CEO Irving Tan pointed to “disciplined execution” as the driver behind what he called a strong showing in the “AI-driven data economy.” Western Digital
The release also offered a short-term forecast. CFO Kris Sennesael projected third-quarter revenue landing close to $3.2 billion at the midpoint, with non-GAAP gross margins set to run between 47% and 48%. Non-GAAP EPS? Sennesael put that at $2.30, give or take $0.15.
Just weeks ago, Western Digital’s board signed off on another $4.0 billion for share buybacks, with the authorization taking effect right away, according to the company. Tan described the larger repurchase plan as “a demonstration” of faith in Western Digital’s outlook, but flagged that timing will hinge on where the market goes. Western Digital
Storage and infrastructure stocks finished the week with scattered moves. Seagate Technology slipped 1.2%. NetApp and Pure Storage, though, surged over 4% apiece, MarketWatch data showed.
Not much on the immediate docket. The Fed minutes hit at 2 p.m. ET Wednesday, Feb. 18; traders won’t wait long before Friday’s PCE inflation numbers drop. Both releases could jolt forecasts for rate moves and shake up equity risk appetite.
For Western Digital, investors face the reality that broader macro shocks often outweigh company-specific developments, particularly following sharp rallies in individual stocks. Management has already pointed to demand volatility, pricing challenges, and potential tariff or trade hurdles as possible variables that could reshape the picture.
Looking past this week’s numbers, investors are eyeing the calendar for new filings and upcoming events. One item: a cash dividend lands March 18 for those holding shares as of March 5, according to the company’s Jan. 29 announcement.
