Stocks making the biggest moves in after hours: Western Digital, Bloom Energy, Deckers Outdoor & more
Here are some of the companies making headlines after the closing bell.
On October 21, 2026, Cynthia L. Tregillis, Western Digital Corp.'s Chief Legal Officer and Corporate Secretary, sold 807 shares of the company's common stock for a total of $306,660. The sale was made at a price of $380.00 per share, following a pre-approved Rule 10b5-1 trading plan she established on March 6, 2026. Despite the stock currently trading at $354.19, which is lower than the sale price, Western Digital's shares have delivered a significant 195% return over the past year.
Earlier in the week, on October 20, Tregillis sold an additional 1,309.713 shares of the company's common stock for $477,154, which was the result of withholding securities due to the vesting of other securities. She also acquired 14.37 shares on the same day, resulting from dividend equivalent rights converting into common stock on a one-for-one basis due to the vesting of restricted stock units.
Moreover, 14.3704 dividend equivalent rights were acquired during that transaction, which later converted into common stock. A small amount of cash was paid to settle a fractional dividend equivalent right.
Western Digital's fiscal first-quarter 2027 results, released later on October 20, surpassed expectations. The company reported adjusted earnings of $4.64 per share and revenue of $4.38 billion, both exceeding Wall Street estimates. Earnings per share grew by 13.73% compared to the forecast, while revenue increased by 5.8% from the previous expectations. Despite these positive outcomes, the stock experienced a substantial decline, suggesting investor apprehension about the company's future prospects.
The earnings report underscores Western Digital's capacity to surpass Wall Street's predictions in the most recent quarter. These events occur within a competitive environment in the technology sector, where investors are keenly observing how Western Digital navigates the upcoming quarters. This report was AI-generated with editorial review.
Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
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