Investment Research Partners LLC purchased a new position in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,126 shares of the data storage provider’s stock, valued at approximately $126,000.
Several other large investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sandisk during the third quarter valued at about $27,000. CVA Family Office LLC purchased a new position in shares of Sandisk in the third quarter worth about $28,000. Parallel Advisors LLC bought a new stake in shares of Sandisk in the third quarter valued at approximately $30,000. Northwestern Mutual Wealth Management Co. bought a new stake in shares of Sandisk in the third quarter valued at approximately $32,000. Finally, Covestor Ltd purchased a new stake in shares of Sandisk during the 3rd quarter valued at approximately $37,000.
Insider Activity
In other news, Director Miyuki Suzuki sold 3,500 shares of Sandisk stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total transaction of $2,196,355.00. Following the completion of the sale, the director owned 9,907 shares in the company, valued at approximately $6,216,939.71. This trade represents a 26.11% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Company insiders own 0.21% of the company’s stock.
Analyst Upgrades and Downgrades
Read Our Latest Research Report on Sandisk
Sandisk Stock Performance
Sandisk stock opened at $772.09 on Friday. The firm’s 50 day simple moving average is $573.83 and its 200 day simple moving average is $316.78. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. The firm has a market capitalization of $113.96 billion and a PE ratio of -101.72. Sandisk Corporation has a 1-year low of $27.89 and a 1-year high of $776.00.
Sandisk (NASDAQ:SNDK – Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 EPS for the quarter, beating the consensus estimate of $3.31 by $2.89. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $2.67 billion. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. Sandisk’s revenue was up 61.2% on a year-over-year basis.
Key Headlines Impacting Sandisk
Here are the key news stories impacting Sandisk this week:
- Positive Sentiment: Citi sharply raised its forecast and now carries a “buy” rating on SNDK, boosting investor confidence by citing surging data‑center NAND bit demand. This analyst upgrade and higher price target are a direct catalyst for buying interest. SanDisk Stock Jumps as Citi Analyst Hikes Forecast
- Positive Sentiment: KGI Securities initiated coverage with an “outperform” and a $992 price target, adding another institutional analyst endorsement that signals more upside potential. KGI Securities initiates coverage of SanDisk
- Positive Sentiment: Recent earnings and guidance momentum: SanDisk reported a strong quarter (EPS and revenue beats) and shares recently hit an all‑time high as the market priced in robust AI/data‑center storage demand. Those fundamentals are underpinning the rally. SanDisk Stock Hits All-Time High — What’s Driving the Stock?
- Positive Sentiment: Analyst and research writeups highlight a multi‑quarter AI/NAND tailwind, margin expansion and multi‑year customer agreements — the kind of structural visibility that supports higher valuation multiples. SanDisk’s Quiet AI Boom Could Still Surprise Investors
- Positive Sentiment: Institutional “big money” buying and inflows have been reported, which increases demand for the stock and can amplify price moves during analyst upgrades. See SanDisk Rise on Big Money Buys
- Positive Sentiment: Technical setup: charts have flashed bullish signals (golden cross), attracting momentum traders and technical funds into the name. These 2 Data Storage Stocks Just Flashed Golden Crosses
- Neutral Sentiment: Speculation about a potential stock split has popped up in financial press — splits can be bullish on announcement but are speculative until management confirms. Monitor for any corporate action commentary. 3 Surefire Stock Splits to Buy in 2026
- Negative Sentiment: Volatility: the stock experienced a sharp pre‑market gap lower at one point (a ~5% pre‑market drop) — short‑term traders should expect swings as sentiment and flows shift quickly after big analyst moves. SanDisk Stock Is Down 5% In Pre‑Market — Is the Dip a Gift?
Sandisk 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.
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