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Securian Asset Management Inc. Decreases Stock Holdings in Western Digital Corporation $WDC
Securian Asset Management Inc. reduced its stake in Western Digital Corporation (NASDAQ:WDC) by 44.5% in the fourth quarter, selling 7,452 shares and holding 9,296 shares valued at $1,601,000. Despite this reduction, other institutional investors increased their holdings, and the company recently reported strong Q3 earnings, increased its dividend, and is seeing positive analyst sentiment due to AI demand. Insiders have also sold shares recently, but the overall institutional ownership remains high at 92.51%.