2,859 Shares in Sandisk Corporation $SNDK Bought by Krilogy Financial LLC

Krilogy Financial LLC bought a new stake in Sandisk Corporation (NASDAQ:SNDK) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 2,859 shares of the data storage provider’s stock, valued at approximately $321,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in SNDK. CVA Family Office LLC acquired a new stake in shares of Sandisk during the 3rd quarter valued at about $28,000. Covestor Ltd bought a new position in Sandisk during the third quarter valued at approximately $37,000. Cromwell Holdings LLC acquired a new stake in Sandisk in the third quarter valued at approximately $39,000. True Wealth Design LLC bought a new stake in Sandisk in the third quarter worth approximately $40,000. Finally, Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Sandisk during the 3rd quarter worth $41,000.

Insider Activity at Sandisk

In related news, Director Necip Sayiner sold 1,271 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The stock was sold at an average price of $195.14, for a total transaction of $248,022.94. Following the transaction, the director directly owned 3,479 shares in the company, valued at $678,892.06. The trade was a 26.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Corporate insiders own 0.21% of the company’s stock.

Sandisk Stock Down 0.6%

SNDK opened at $626.56 on Monday. The business has a 50 day moving average of $387.83 and a 200-day moving average of $220.57. The stock has a market capitalization of $92.46 billion and a price-to-earnings ratio of -82.55. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. Sandisk Corporation has a 1-year low of $27.89 and a 1-year high of $725.00.

Sandisk (NASDAQ:SNDK) last announced its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $2.67 billion. The company’s revenue for the quarter was up 61.2% compared to the same quarter last year.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Kioxia-led shortage signals and sector momentum are driving buying across memory names; analysts and news outlets point to early multi-year bookings and continued tight NAND supply as a structural tailwind for SanDisk. SanDisk (SNDK) Stock Rallies 5% as Memory Shortage Gets Worse – Time to Buy?
• Positive Sentiment: Sector-wide strength (Micron, WDC, STX) lifted SanDisk as investors rotated into memory plays after suppliers signaled constrained supply and earlier-than-usual bookings for 2027–28. Why Are Memory Chip Stocks Up Today? SanDisk (SNDK) Leads
• Positive Sentiment: Multiple bullish write-ups explain that SanDisk’s scale, JV relationships and focus on high-end data‑center flash give it pricing power and outsized earnings leverage in the current AI-driven cycle. Why SanDisk Stock Skyrocketed: 5 Key Questions Answered
• Neutral Sentiment: Coverage pieces summarizing the rally, ownership and street price-target activity provide context for momentum but don’t add new company-specific catalysts; useful for positioning and risk checks. With SanDisk Stock (SNDK) Up 165%, Let’s Look at Who Owns it
• Neutral Sentiment: Broad-market recognition pieces (e.g., roundup of strong S&P performers) keep the stock on screens but are not direct operational news for SanDisk. These 3 Zacks ‘Strong Buy’ Stocks Reflect the Hottest S&P 500 Stocks of 2026
• Negative Sentiment: Cautionary analysis warns the memory “party” could end if manufacturers ramp supply, AI spending normalizes, or competition/valuation concerns surface — all risks that could reverse recent profits quickly. Sandisk: The Storage Party May Be Coming To An End

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on SNDK. Barclays upped their price objective on shares of Sandisk from $385.00 to $750.00 and gave the stock an “equal weight” rating in a report on Monday, February 2nd. Morgan Stanley set a $690.00 price objective on Sandisk in a report on Friday, January 30th. Wall Street Zen upgraded Sandisk from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. JPMorgan Chase & Co. initiated coverage on Sandisk in a report on Monday, December 8th. They set a “neutral” rating and a $235.00 price target on the stock. Finally, Royal Bank Of Canada reissued a “sector perform” rating and issued a $650.00 price target on shares of Sandisk in a research report on Friday, January 30th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $542.85.

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.