1,271 Shares in Sandisk Corporation $SNDK Acquired by Weatherly Asset Management L. P.

Weatherly Asset Management L. P. bought a new stake in Sandisk Corporation (NASDAQ:SNDK) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 1,271 shares of the data storage provider’s stock, valued at approximately $302,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Sandisk during the third quarter worth approximately $27,000. CVA Family Office LLC purchased a new stake in shares of Sandisk during the 3rd quarter valued at $28,000. Parallel Advisors LLC acquired a new stake in shares of Sandisk during the 3rd quarter worth $30,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of Sandisk during the 3rd quarter worth $32,000. Finally, Covestor Ltd purchased a new position in shares of Sandisk in the 3rd quarter worth $37,000.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the company. Zacks Research raised Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Wall Street Zen upgraded Sandisk from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Bank of America lifted their price objective on Sandisk from $850.00 to $900.00 and gave the company a “buy” rating in a research note on Monday, March 23rd. Citigroup increased their target price on shares of Sandisk from $750.00 to $875.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Finally, China Renaissance assumed coverage on shares of Sandisk in a report on Friday, December 5th. They issued a “buy” rating and a $322.00 price target on the stock. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $594.48.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Recent fundamental analysis highlights Sandisk’s strong position in NAND, improving margins and a visible growth path as AI storage demand tightens supply and supports share gains. Sandisk: Strong Fundamentals With Visible Growth Path
• Positive Sentiment: Zacks notes SNDK has jumped ~168% YTD and outperformed storage peers, reflecting strong relative momentum that’s attracting investor flows. SNDK Jumps 168% Year to Date
• Positive Sentiment: Zacks also flags upward revisions to earnings estimates, a technical/forward catalyst that often drives short-term buying. Will Sandisk Gain on Rising Earnings Estimates?
• Positive Sentiment: Several bullish pieces argue Sandisk’s upside is tied to the AI memory boom (some even outlining a path to $1,000 per share), reinforcing investor optimism about long-term demand. Sandisk’s Path to $1,000 Per Share Runs Through the AI Memory Boom
• Positive Sentiment: Market commentary notes the memory sector recovering from the recent TurboQuant-driven pullback, helping SNDK bounce as investors buy the dip. Why Are SanDisk Shares Surging Wednesday?
• Neutral Sentiment: Sandisk confirmed its fiscal Q3 earnings date (April 30), a near-term event that could drive additional volatility depending on guidance. Sandisk to Report Fiscal Third-Quarter Results on April 30, 2026
• Neutral Sentiment: Several market write-ups ask whether it’s “too late” to buy after the run-up — useful context for timing but not new fundamental news. Is It Too Late To Consider Sandisk (SNDK)…
• Negative Sentiment: Concerns remain about Google’s TurboQuant-type memory compression and broader memory-stock volatility; investors should watch guidance and adoption risk. Memory Stocks Were One of 2025’s Hottest Trades…
• Negative Sentiment: Some analysts warn to be cautious near all-time highs — elevated valuation metrics mean upside depends on continued strong execution and AI demand. Sandisk: Structural Industry Improvements, But Be Cautious Near All-Time Highs (Upgrade)

Sandisk Trading Up 9.0%

NASDAQ:SNDK opened at $692.73 on Thursday. The business’s 50-day moving average is $617.34 and its two-hundred day moving average is $355.86. The firm has a market capitalization of $102.25 billion, a PE ratio of -91.27 and a beta of 5.01. Sandisk Corporation has a 12 month low of $27.89 and a 12 month high of $777.60. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.11 and a quick ratio of 1.92.

Sandisk (NASDAQ:SNDK) last issued its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, topping the consensus estimate of $3.31 by $2.89. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The company had revenue of $3.03 billion during the quarter, compared to the consensus estimate of $2.67 billion. The company’s revenue was up 61.2% compared to the same quarter last year.

Insider Buying and Selling

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the company’s stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total value of $2,196,355.00. Following the completion of the transaction, the director owned 9,907 shares in the company, valued at $6,216,939.71. This represents a 26.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.21% of the company’s stock.

About Sandisk

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.