TI Trust Inc. Takes $205,000 Position in Sandisk Corporation $SNDK

TI Trust Inc. acquired a new position in shares of Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 1,831 shares of the data storage provider’s stock, valued at approximately $205,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the stock. Deprince Race & Zollo Inc. acquired a new stake in Sandisk during the 3rd quarter valued at $39,480,000. Voya Investment Management LLC purchased a new stake in shares of Sandisk in the third quarter valued at $8,917,000. CWM LLC purchased a new stake in shares of Sandisk in the third quarter valued at $7,374,000. Yousif Capital Management LLC acquired a new stake in shares of Sandisk during the third quarter valued at $5,041,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new stake in Sandisk during the 3rd quarter worth about $4,047,000.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on SNDK shares. Zacks Research upgraded shares of Sandisk from a “hold” rating to a “strong-buy” rating in a report on Friday, November 14th. China Renaissance initiated coverage on shares of Sandisk in a report on Friday, December 5th. They set a “buy” rating and a $322.00 price target for the company. Susquehanna upped their price objective on shares of Sandisk from $250.00 to $300.00 and gave the company a “positive” rating in a research note on Monday, December 8th. Mizuho raised their target price on shares of Sandisk to $215.00 and gave the stock an “outperform” rating in a research report on Tuesday, October 28th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $213.33.

Sandisk Trading Down 0.4%

Shares of SNDK stock opened at $274.08 on Tuesday. The firm’s 50-day simple moving average is $228.23 and its 200-day simple moving average is $127.95. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.29 and a quick ratio of 2.03. Sandisk Corporation has a 1-year low of $27.89 and a 1-year high of $285.00. The firm has a market cap of $40.17 billion and a P/E ratio of 856.50.

Sandisk (NASDAQ:SNDK) last released its earnings results on Thursday, November 6th. The data storage provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.58 by $0.64. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations of $2.12 billion. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. Sandisk has set its Q2 2026 guidance at 3.000-3.40 EPS.

Insider Activity

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

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.