Apis Capital Advisors LLC Purchases New Shares in Western Digital Corporation $WDC

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Apis Capital Advisors LLC recently acquired a new stake of 206,800 shares in Western Digital Corporation ($WDC), valued at $24.8 million, making it their 6th largest holding. This investment comes as Western Digital reported strong earnings and received analyst upgrades driven by robust AI-storage demand and a significant share-repurchase authorization. However, insider selling activity, totaling approximately $24.3 million in the last quarter, could temper positive sentiment despite these bullish indicators.

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