Clal Insurance Enterprises Holdings Ltd Makes New $66.76 Million Investment in Sandisk Corporation $SNDK

Clal Insurance Enterprises Holdings Ltd acquired a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) during the 3rd quarter, Holdings Channel.com reports. The firm acquired 595,000 shares of the data storage provider’s stock, valued at approximately $66,759,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in shares of Sandisk during the third quarter worth about $27,000. CVA Family Office LLC bought a new position in shares of Sandisk in the third quarter valued at $28,000. Covestor Ltd bought a new position in shares of Sandisk in the 3rd quarter valued at about $37,000. Cromwell Holdings LLC bought a new stake in shares of Sandisk in the 3rd quarter valued at about $39,000. Finally, True Wealth Design LLC bought a new stake in shares of Sandisk in the 3rd quarter valued at about $40,000.

Wall Street Analyst Weigh In

A number of equities analysts have commented on the stock. Fox Advisors raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 7th. UBS Group set a $1,000.00 price objective on Sandisk in a report on Monday, February 2nd. Bank of America increased their target price on shares of Sandisk from $300.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Weiss Ratings restated a “sell (d+)” rating on shares of Sandisk in a research report on Monday, December 29th. Finally, China Renaissance assumed coverage on shares of Sandisk in a research note on Friday, December 5th. They issued a “buy” rating and a $322.00 price objective on the stock. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $542.85.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Partnership with SK hynix to set a global standard for high‑bandwidth flash for AI inference — could strengthen product differentiation and customer adoption in AI data centers. Sandisk partners with SK hynix
• Positive Sentiment: Analyst says an “unprecedented” NAND cycle is unfolding — implies tightened supply and favorable pricing that could sustain revenue and margin upside for SanDisk. Analyst sees unprecedented NAND cycle
• Positive Sentiment: Coverage highlighting AI‑driven storage demand and outperformance — reinforces the narrative that SanDisk is a primary beneficiary of AI infrastructure spending. SanDisk Outperforms on AI-Driven Storage Demand
• Neutral Sentiment: Debate over valuation and whether it’s too late to buy after a massive YTD rally — many commentators note fundamentals are strong but warn much of the bull case may already be priced in. Is It Too Late To Consider Sandisk
• Neutral Sentiment: Comparisons vs. peers (e.g., Micron) highlight tradeoffs — SanDisk’s pure‑play NAND exposure and hyperscaler traction are strengths, but peer dynamics matter for relative upside. SanDisk vs. Micron: Which AI Memory Stock Offers More Upside?
• Negative Sentiment: Insider sale: Director Miyuki Suzuki sold 3,500 shares (~26% reduction in her holding) — a near‑term negative signal that can weigh on sentiment even if sales are for personal reasons. Insider sale filing
• Negative Sentiment: High‑profile short report (Citron) labelled SanDisk as more of a commodity player, prompting a volatile pullback — shows elevated headline risk and the potential for short‑term squeezes/whipsaw. Citron short report coverage

Sandisk Price Performance

Shares of SNDK opened at $635.36 on Friday. The business has a 50-day simple moving average of $470.09 and a two-hundred day simple moving average of $258.99. The stock has a market cap of $93.78 billion and a PE ratio of -83.71. Sandisk Corporation has a 12-month low of $27.89 and a 12-month high of $725.00. 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) last posted its earnings results on Thursday, January 29th. The data storage provider reported $6.20 EPS for the quarter, topping the consensus estimate of $3.31 by $2.89. The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.67 billion. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. The firm’s quarterly revenue was up 61.2% on a year-over-year basis.

Insider Transactions at Sandisk

In related news, Director Necip Sayiner sold 1,271 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total value of $248,022.94. Following the transaction, the director 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Miyuki Suzuki sold 3,500 shares of the business’s stock in a transaction dated Wednesday, February 25th. The shares were 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 directly owned 9,907 shares in the company, valued at $6,216,939.71. This represents a 26.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

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.