Level Four Advisory Services LLC acquired a new stake in Sandisk Corporation (NASDAQ:SNDK – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 15,587 shares of the data storage provider’s stock, valued at approximately $1,749,000.
A number of other large investors also recently bought and sold shares of the stock. Vanguard Group Inc. purchased a new position in Sandisk during the third quarter worth about $1,970,388,000. Victory Capital Management Inc. acquired a new position in shares of Sandisk in the 3rd quarter worth approximately $120,363,000. Parnassus Investments LLC acquired a new position in shares of Sandisk in the 3rd quarter worth approximately $103,815,000. DNB Asset Management AS purchased a new position in shares of Sandisk during the 3rd quarter worth approximately $94,540,000. Finally, Principal Financial Group Inc. acquired a new stake in Sandisk in the 3rd quarter valued at approximately $74,265,000.
Key Sandisk News
Here are the key news stories impacting Sandisk this week:
- Positive Sentiment: BNP Paribas says memory pricing continues to surge — a renewed expectation of firm NAND prices supports Sandisk’s revenue and margin outlook from tight supply/demand dynamics. Micron, Sandisk in spotlight as BNP sees memory pricing continuing to surge
- Positive Sentiment: An analyst upgrade argues SNDK could reach $1,000 by 2027 based on EPS revisions — this type of bullish research can drive momentum buying and lift analyst-driven price targets. Sandisk: I See A Path To $1000 Based On 2027 EPS Forecasts (Rating Upgrade)
- Positive Sentiment: Inclusion on Zacks’ list of 5 growth stocks to buy highlights continued bullish earnings expectations and institutional interest that can support further upside. 5 Growth Stocks to Buy in March Despite Global Economic Turbulence
- Positive Sentiment: Zacks technical note points to a “high tight flag” consolidation — a bullish chart pattern that may attract momentum traders if confirmed. Taser 2.0? Sandisk Builds Back-to-Back High Tight Flags
- Positive Sentiment: Morningstar/Fool-style coverage notes SNDK’s strong February performance driven by NAND tightness — supports the narrative of durable near-term revenue gains. Why Sandisk Stock Gained 10% in February
- Neutral Sentiment: SNDK presented at Morgan Stanley TMT conference — management commentary and guidance in the transcript will be important for confirming demand trends but contains no new headline guidance yet. Sandisk Corporation (SNDK) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
- Neutral Sentiment: Macro pieces asking if the rally can continue offer balanced views — useful for assessing risk/reward but not new company-specific catalysts. SanDisk Stock Forecast: Can the Rally Continue Into 2026?
- Negative Sentiment: Citron Research warns the “hype could vanish in a single earnings call,” flagging cyclical NAND exposure and the risk of a sharp re-rating if guidance disappoints. Sandisk Stock Hype Could ‘Vanish in a Single Earnings Call’ According to Citron Research. Is It Time to Ditch SNDK Here?
- Negative Sentiment: Geopolitical tensions and a broader risk-off in chip stocks pushed SNDK lower in recent sessions as oil/energy moves and Korea selloffs weigh on sentiment. Memory Chip Stocks Micron (MU) and SanDisk (SNDK) Plunge as Geopolitical Tensions Spike
- Negative Sentiment: Analysis points to risk-off selling, short-seller campaigns and secondary-share activity (former-parent selling) creating overhang and downside risk despite strong fundamentals. SanDisk slides as chip stocks fall with global risk-off sentiment, lingering memory-cycle worries
Analyst Upgrades and Downgrades
Get Our Latest Stock Report on Sandisk
Sandisk Trading Up 6.0%
SNDK opened at $599.06 on Thursday. The firm has a market cap of $88.42 billion and a price-to-earnings ratio of -78.93. Sandisk Corporation has a 52 week low of $27.89 and a 52 week high of $725.00. The business’s 50 day moving average is $491.04 and its two-hundred day moving average is $271.99. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06.
Sandisk (NASDAQ:SNDK – Get Free Report) last released 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. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. The firm had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $2.67 billion. The business’s revenue for the quarter was up 61.2% on a year-over-year basis.
Insider Transactions at Sandisk
In other news, Director Miyuki Suzuki sold 3,500 shares of the stock in a transaction that occurred on 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 transaction, the director directly owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This represents a 26.11% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.21% of the company’s stock.
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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