Maple Rock Capital Partners Inc. Has $4.33 Million Holdings in Sandisk Corporation $SNDK

Maple Rock Capital Partners Inc. lessened its position in Sandisk Corporation (NASDAQ:SNDK) by 98.9% during the 2nd quarter, HoldingsChannel.com reports. The fund owned 1,906 shares of the data storage provider’s stock after selling 164,594 shares during the period. Maple Rock Capital Partners Inc.’s holdings in Sandisk were worth $4,334,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently bought and sold shares of SNDK. Osaic Holdings Inc. acquired a new stake in shares of Sandisk in the second quarter valued at about $317,000. Merit Financial Group LLC acquired a new position in shares of Sandisk during the 3rd quarter worth about $408,000. Dimensional Fund Advisors LP bought a new stake in Sandisk during the 3rd quarter valued at approximately $100,080,000. First Trust Advisors LP bought a new stake in Sandisk during the 3rd quarter valued at approximately $9,788,000. Finally, Blair William & Co. IL acquired a new stake in Sandisk in the 3rd quarter valued at approximately $591,000.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Japan expansion supports long-term growth: Sandisk backed a planned $31 billion NAND flash-memory expansion in Japan through 2032. The investment is intended to increase production capacity and position the company to benefit from demand for data centers, AI infrastructure, and enterprise storage. The scale of the commitment is bullish if demand remains strong, although it also increases capital requirements and execution risk. Sandisk Backs $31 Billion Japan Flash Memory Expansion Through 2032
• Positive Sentiment: Analysts remain optimistic on memory stocks: Mizuho described Micron and Sandisk as highly attractive values, reinforcing the view that their rapid growth and exposure to AI memory demand are not fully reflected in current valuations. A separate investment analysis also identified Sandisk as the more compelling AI-memory opportunity relative to Micron. Mizuho Reiterates Bullish Stance on Memory Stocks
• Positive Sentiment: Fundamentals remain strong: Sandisk’s latest results showed revenue growth of 371.6% year over year and earnings well above consensus, while management provided strong forward guidance. These results support the bullish AI and storage-demand narrative.
• Neutral Sentiment: ETF flows show concentration risk: AI- and semiconductor-focused ETFs have attracted substantial 2026 inflows and benefited Sandisk indirectly, but recent outflows suggest investors may be reducing exposure to crowded memory trades. These 5 ETFs Have Raked in Cash This Year
• Negative Sentiment: Competition and cyclicality remain risks: Reports that China’s CXMT has made progress on a new AI memory chip could challenge established suppliers. Investors are also concerned that the $31 billion NAND buildout may add capacity just as the memory cycle eventually turns, potentially pressuring pricing and returns. China’s CXMT Reportedly Makes Major Breakthrough With New AI Memory Chip

Analyst Ratings Changes

SNDK has been the topic of several recent analyst reports. Cantor Fitzgerald reaffirmed an “overweight” rating and issued a $2,900.00 price target on shares of Sandisk in a research report on Monday, August 10th. Weiss Ratings raised Sandisk from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday. Wedbush restated an “outperform” rating and issued a $2,000.00 price objective on shares of Sandisk in a research note on Friday, August 14th. Barclays raised shares of Sandisk from an “equal weight” rating to an “overweight” rating and boosted their target price for the stock from $1,200.00 to $2,300.00 in a research report on Tuesday, May 26th. Finally, Citigroup cut their target price on shares of Sandisk from $2,500.00 to $2,100.00 and set a “buy” rating for the company in a research note on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and an average price target of $1,998.14.

Insider Buying and Selling

In other Sandisk news, insider Bernard Shek sold 600 shares of Sandisk stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $1,162.16, for a total transaction of $697,296.00. Following the sale, the insider owned 30,915 shares in the company, valued at $35,928,176.40. The trade was a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 1,800 shares of company stock valued at $2,991,696 over the last three months. 0.21% of the stock is owned by company insiders.

Sandisk Trading Up 5.5%

Shares of SNDK stock opened at $1,566.70 on Tuesday. The stock has a 50 day moving average of $1,581.73 and a two-hundred day moving average of $1,262.28. Sandisk Corporation has a 12 month low of $50.07 and a 12 month high of $2,354.39. The company has a market capitalization of $229.40 billion, a P/E ratio of 21.49, a P/E/G ratio of 0.15 and a beta of 5.21.

Sandisk (NASDAQ:SNDK) last announced its quarterly earnings data on Wednesday, August 5th. The data storage provider reported $39.25 earnings per share for the quarter, topping the consensus estimate of $33.28 by $5.97. The company had revenue of $8.96 billion for the quarter. Sandisk had a return on equity of 87.84% and a net margin of 56.47%.Sandisk’s revenue for the quarter was up 371.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.29 EPS. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. Sell-side analysts predict that Sandisk Corporation will post 208.92 earnings per share for the current fiscal year.

Sandisk declared that its Board of Directors has initiated a share repurchase plan on Wednesday, August 5th that allows the company to repurchase $14.00 billion in shares. This repurchase authorization allows the data storage provider to reacquire up to 6.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

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.