Western Digital CEO Irving Tan sells $8.9m in company stock
On August 11, 2026, Western Digital CEO Irving Tan sold 19,000 shares of company common stock, totaling approximately $8,899,329. The shares were sold at prices between $441.4838 and $447.1831 each, pursuant to a pre-approved trading plan. After the sale, Tan owned 575,966 shares of Western Digital common stock. The company's stock price at the time of the report was $454.10, reflecting a 499% return over the past year.
Despite solid fiscal fourth-quarter results, including earnings per share of $3.56 and revenue of $3.75 billion, Western Digital's shares saw a decline following the report due to investor focus on past gains and future prospects. Analysts offered mixed opinions, with UBS adjusting its price target to $525, Baird raising it to $630, and Summit Insights downgrading to 'Hold.'
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