Machina Capital S.A.S. Takes Position in Sandisk Corporation $SNDK

Machina Capital S.A.S. bought a new position in shares of Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 2,451 shares of the data storage provider’s stock, valued at approximately $275,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. CVA Family Office LLC purchased a new stake in Sandisk in the third quarter valued at $28,000. Covestor Ltd purchased a new stake in shares of Sandisk in the third quarter worth about $37,000. Cromwell Holdings LLC acquired a new stake in Sandisk during the third quarter worth about $39,000. True Wealth Design LLC purchased a new position in Sandisk during the third quarter valued at approximately $40,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in Sandisk in the third quarter valued at approximately $41,000.

Insider Transactions at Sandisk

In other Sandisk news, Director Necip Sayiner sold 1,271 shares of Sandisk stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total transaction of $248,022.94. Following the sale, the director owned 3,479 shares of the company’s stock, valued at $678,892.06. The trade was a 26.76% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

SNDK has been the topic of a number of analyst reports. Zacks Research cut shares of Sandisk from a “strong-buy” rating to a “hold” rating in a research note on Thursday, January 22nd. Citigroup increased their price target on shares of Sandisk from $490.00 to $750.00 and gave the stock a “buy” rating in a report on Monday. Jefferies Financial Group raised their price target on shares of Sandisk from $600.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Morgan Stanley set a $690.00 price objective on shares of Sandisk in a research report on Friday, January 30th. Finally, Susquehanna raised their target price on Sandisk from $250.00 to $300.00 and gave the company a “positive” rating in a research report on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $542.85.

Sandisk Price Performance

NASDAQ:SNDK opened at $576.20 on Friday. The stock has a 50 day moving average of $341.75 and a two-hundred day moving average of $194.99. Sandisk Corporation has a 12 month low of $27.89 and a 12 month high of $725.00. The firm has a market cap of $85.03 billion and a P/E ratio of -75.92. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06.

Sandisk (NASDAQ:SNDK) last released its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating the consensus estimate of $3.31 by $2.89. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.67 billion. The company’s revenue for the quarter was up 61.2% on a year-over-year basis.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Blowout Q2 results and bullish guidance — Sandisk reported revenue up ~61% YoY, an EPS beat and management guided to a dramatic sequential EPS increase ($12–$14), underpinning the fundamental bull case for durable AI-driven demand. The Memory Supercycle Is Here—2 Winners From 1 Breakup
• Positive Sentiment: Extended Kioxia joint‑venture and margin outlook — management’s JV extension and projected next-quarter gross margins (management cited very high margins) reduce near-term wafer supply risk and support pricing power. The Memory Supercycle Is Here—2 Winners From 1 Breakup
• Positive Sentiment: Analyst upgrades and price‑target raises — multiple firms (Barclays, UBS, Cantor Fitzgerald, Citi and others) materially raised targets and reiterated the growth story, which lifted sentiment and early-week buying. Barclays Nearly Doubles SanDisk (SNDK) PT to $750
• Positive Sentiment: Upgrade-driven short-term support — recent analyst upgrades produced follow‑through buying (covered by AmericanBankingNews), contributing to rebounds after pullbacks. Sandisk Shares Up on Analyst Upgrade
• Neutral Sentiment: Technical/short-term trading signals — intraday trading signals and power‑inflow indicators have triggered momentum trades that can amplify moves both ways; these help explain sudden spikes but are not fundamental drivers. Sandisk Shares Rise Over 7% Following Key Trading Signal
• Neutral Sentiment: How to trade the volatility — commentators recommend either buying dips or scaling in because the long‑term AI story remains intact; that guidance affects flow but not fundamentals. Sandisk’s Swings Are Getting Bigger—Here’s How to Play Them
• Negative Sentiment: Profit‑taking and sharp pullbacks — the stock has seen multi‑day reversals (10–16% intraday drops recently) as momentum traders lock gains after the parabolic run, increasing short‑term selling pressure. Why SanDisk stock tumbled 10% today
• Negative Sentiment: Overbought/rotation risk — technical indicators (very high RSI) and notes on a rapid rally raise the risk of deeper pullbacks if demand sentiment cools or memory supply ramps, which can pressure the share price. Sandisk’s Swings Are Getting Bigger—Here’s How to Play Them

Sandisk Company Profile

SanDisk Corporation offers flash storage solutions. The Company designs, develops and manufactures data storage solutions in a range of form factors using flash memory, controller, firmware and software technologies. The Company operates through flash memory storage products segment. Its solutions include a range of solid state drives (SSD), embedded products, removable cards, universal serial bus (USB), drives, wireless media drives, digital media players, and wafers and components. It offers SSDs for client computing applications, which encompass desktop computers, notebook computers, tablets and other computing devices.