755 Shares in Sandisk Corporation $SNDK Bought by Regal Partners Ltd

Regal Partners Ltd purchased a new position in Sandisk Corporation (NASDAQ:SNDK) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 755 shares of the data storage provider’s stock, valued at approximately $480,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. GHP Investment Advisors Inc. grew its stake in shares of Sandisk by 12.0% in the 1st quarter. GHP Investment Advisors Inc. now owns 121 shares of the data storage provider’s stock valued at $77,000 after buying an additional 13 shares during the period. Blair William & Co. IL increased its position in Sandisk by 0.3% in the 4th quarter. Blair William & Co. IL now owns 5,287 shares of the data storage provider’s stock valued at $1,255,000 after buying an additional 17 shares in the last quarter. Empirical Finance LLC raised its stake in Sandisk by 0.7% during the 1st quarter. Empirical Finance LLC now owns 3,535 shares of the data storage provider’s stock worth $2,246,000 after buying an additional 24 shares during the period. Larson Financial Group LLC raised its stake in Sandisk by 20.2% during the 4th quarter. Larson Financial Group LLC now owns 220 shares of the data storage provider’s stock worth $52,000 after buying an additional 37 shares during the period. Finally, Valley Wealth Managers Inc. bought a new position in Sandisk in the first quarter worth approximately $25,000.

Sandisk Stock Down 14.2%

Shares of Sandisk stock opened at $1,096.10 on Wednesday. Sandisk Corporation has a 52 week low of $40.10 and a 52 week high of $2,354.39. The business has a 50 day moving average price of $1,747.20 and a 200-day moving average price of $1,104.73. The company has a market cap of $162.32 billion, a PE ratio of 38.10 and a beta of 4.74.

Sandisk (NASDAQ:SNDK) last announced its earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.17 by $9.24. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.The company had revenue of $5.95 billion for the quarter. During the same period in the previous year, the firm earned ($0.30) EPS. The firm’s quarterly revenue was up 251.0% on a year-over-year basis. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, research analysts anticipate that Sandisk Corporation will post 64.52 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the company. Citigroup raised their price objective on Sandisk from $2,025.00 to $2,500.00 and gave the company a “buy” rating in a research note on Thursday, June 25th. Barclays upgraded Sandisk from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $1,200.00 to $2,300.00 in a report on Tuesday, May 26th. Bank of America boosted their price target on shares of Sandisk from $2,100.00 to $2,500.00 and gave the company a “buy” rating in a research note on Wednesday, July 1st. Evercore set a $3,100.00 price objective on shares of Sandisk in a report on Monday, July 13th. Finally, Wells Fargo & Company raised their price objective on shares of Sandisk from $1,250.00 to $1,620.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sandisk currently has an average rating of “Moderate Buy” and a consensus target price of $1,811.38.

Insider Buying and Selling

In other Sandisk news, EVP Alper Ilkbahar sold 2,000 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the transaction, the executive vice president directly owned 52,677 shares in the company, valued at approximately $92,531,364.66. This trade represents a 3.66% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Necip Sayiner sold 579 shares of Sandisk stock in a transaction on Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the transaction, the director directly owned 2,900 shares in the company, valued at $4,359,019. This represents a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 6,225 shares of company stock valued at $10,166,297 in the last 90 days. Insiders own 0.21% of the company’s stock.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI infrastructure demand continues to support Sandisk’s memory and data-storage growth. One analysis identifies Sandisk as an AI beneficiary that has outperformed NVIDIA, while its latest reported quarter showed revenue growth of 251% year over year and earnings well above consensus. 2 AI Stocks That Beat NVIDIA – and Could Soar Even Higher
• Neutral Sentiment: Investors are looking ahead to Sandisk’s next earnings report, with the company’s strong results and AI-related demand offering potential support, but the stock’s outlook remains highly dependent on continued growth in memory pricing and demand.
• Negative Sentiment: Chip stocks extended their pullback as concerns about an AI bubble, rising infrastructure costs and stretched expectations weighed on the Nasdaq and the broader AI trade. Chip Stocks Extend Pullback Amid AI Bubble Fears
• Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) made a strong market debut, while reports of progress on domestically developed Chinese lithography equipment heightened fears that Chinese companies could close the technology gap in NAND and other memory products. Why are Micron, Sandisk, and SK Hynix stocks falling today?
• Negative Sentiment: Technical selling has accelerated after Sandisk’s extraordinary rally from its 2025 spinoff, leaving the shares more than 50% below their June peak and below key moving averages. Analysts and commentators warn that the retreat may reflect both profit-taking and a reset of overly optimistic expectations.

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.