Sandisk Corporation $SNDK Shares Sold by Ardsley Advisory Partners LP

Posted by Dante Gardener on Jun 18th, 2026

Ardsley Advisory Partners LP cut its position in Sandisk Corporation (NASDAQ:SNDK – Free Report) by 44.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 56,000 shares of the data storage provider’s stock after selling 44,000 shares during the quarter. Sandisk makes up 1.5% of Ardsley Advisory Partners LP’s investment portfolio, making the stock its 20th biggest holding. Ardsley Advisory Partners LP’s holdings in Sandisk were worth $13,293,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SNDK. Whittier Trust Co. acquired a new stake in shares of Sandisk in the 4th quarter valued at about $26,000. Greenline Wealth Management LLC acquired a new stake in shares of Sandisk in the 4th quarter valued at about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Sandisk in the 3rd quarter valued at about $27,000. Chung Wu Investment Group LLC acquired a new stake in shares of Sandisk in the 4th quarter valued at about $27,000. Finally, Parallel Advisors LLC acquired a new stake in shares of Sandisk in the 3rd quarter valued at about $30,000.

Sandisk Trading Down 1.6%

Shares of SNDK stock opened at $1,958.80 on Thursday. The company has a market cap of $290.08 billion, a price-to-earnings ratio of 68.08 and a beta of 4.87. The stock has a 50 day simple moving average of $1,366.71 and a 200-day simple moving average of $791.01. Sandisk Corporation has a 12-month low of $40.10 and a 12-month high of $2,167.33.

Sandisk (NASDAQ:SNDK – Get Free Report) last released its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share 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 firm had revenue of $5.95 billion during the quarter. During the same period in the previous year, the business earned ($0.30) earnings per share. The business’s revenue for the quarter was up 251.0% on a year-over-year basis. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, equities analysts forecast that Sandisk Corporation will post 64.01 earnings per share for the current fiscal year.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: Analysts and bullish commentators say Sandisk is benefiting from accelerating AI memory demand, especially at the edge, where more AI-enabled devices need local storage. One recent upgrade argues this could support long-term growth and higher valuation. Sandisk: I Was Wrong, Edge AI Changes Everything (Rating Upgrade)
Positive Sentiment: Another analysis says AI inference workloads could boost NAND demand through enterprise SSDs, supply agreements, and better margins, reinforcing the bull case for Sandisk’s storage cycle. Can AI Inference Workloads Accelerate NAND Demand for Sandisk?
Neutral Sentiment: Coverage comparing top 2026 S&P 500 performers continues to spotlight Sandisk as a major AI-memory winner, which can keep investor attention high but does not add new company-specific fundamentals. AI Memory Demand Has Turned These 5 S&P 500 Stocks Into Market Leaders
Negative Sentiment: Carter Worth of Worth Charting warned that the memory-chip trade has gone “too far, too fast” and singled out Sandisk as the “most overbought stock ever,” encouraging traders to trim or hedge positions. Take Profits Now. Famous Chart Technician Says SanDisk is The “Most Overbought Stock Ever”
Negative Sentiment: Additional articles note Sandisk slipping back after hitting a record high, reinforcing fears of a near-term pullback as investors lock in gains. SanDisk Is ‘the Most Overbought Stock in History,’ Says Polymarket

Analyst Ratings Changes

A number of analysts have weighed in on SNDK shares. Mizuho increased their price objective on Sandisk from $1,825.00 to $2,200.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Melius Research set a $2,350.00 price objective on Sandisk in a research report on Monday, May 18th. Royal Bank Of Canada increased their price objective on Sandisk from $650.00 to $1,000.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Wedbush increased their price objective on Sandisk from $740.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $1,470.00 price objective on shares of Sandisk in a research report on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to MarketBeat, Sandisk currently has an average rating of “Moderate Buy” and an average target price of $1,580.67.

Check Out Our Latest Analysis on SNDK

Insider Transactions at Sandisk

In related news, CAO Michael Pokorny sold 2,446 shares of the firm’s stock in a transaction that occurred on Tuesday, May 12th. The stock was sold at an average price of $1,426.18, for a total value of $3,488,436.28. Following the completion of the transaction, the chief accounting officer directly owned 22,375 shares of the company’s stock, valued at $31,910,777.50. This trade represents a 9.85% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Necip Sayiner sold 579 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $1,503.11, for a total value of $870,300.69. Following the completion of the transaction, the director directly owned 2,900 shares of the company’s stock, valued at $4,359,019. The trade was a 16.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 5,625 shares of company stock valued at $8,913,497. Company insiders own 0.21% of the company’s stock.

Sandisk Company Profile

(Free Report)

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.