Banco Bilbao Vizcaya Argentaria S.A. Increases Stake in Western Digital

The Spanish bank added 11,330 shares of the data storage provider in the third quarter.

Mar. 16, 2026 at 8:19am

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Banco Bilbao Vizcaya Argentaria S.A., a major Spanish bank, increased its stake in Western Digital Corporation by 15.5% during the third quarter of the year, according to a recent filing with the Securities and Exchange Commission. The bank now owns 84,634 shares of the data storage provider's stock, worth $10.1 million.

Why it matters

This investment by a large institutional investor like Banco Bilbao Vizcaya Argentaria S.A. signals confidence in Western Digital's business and growth prospects. As a major player in the data storage market, Western Digital's performance is closely watched by industry analysts and investors.

The details

In the third quarter, Banco Bilbao Vizcaya Argentaria S.A. bought an additional 11,330 shares of Western Digital, bringing its total stake in the company to 84,634 shares. This represents a 15.5% increase in the bank's holding of Western Digital stock compared to the previous quarter.

  • Banco Bilbao Vizcaya Argentaria S.A. increased its stake in Western Digital during the 3rd quarter of the year.

The players

Banco Bilbao Vizcaya Argentaria S.A.

A major Spanish bank that has increased its investment in Western Digital Corporation, a leading data storage provider.

Western Digital Corporation

A global data storage company that designs, manufactures and sells a broad range of storage devices and systems for personal, enterprise and cloud applications.

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The takeaway

This investment by a prominent Spanish bank underscores the confidence in Western Digital's long-term growth potential as a major player in the data storage industry.