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Artemis Investment Management LLP Decreases Position in Western Digital Corporation $WDC
Artemis Investment Management LLP significantly reduced its stake in Western Digital Corporation ($WDC) by 82.0% in Q4, selling 690,153 shares. Despite this, Western Digital reported strong Q3 earnings, beating analyst expectations, and subsequently increased its quarterly dividend. The company benefits from strong demand in AI and data-center sectors, leading to multiple analyst price target increases, while institutional investors hold a substantial portion of the stock.