Sandisk Corporation $SNDK Holdings Lifted by Vise Technologies Inc.

Vise Technologies Inc. increased its holdings in shares of Sandisk Corporation (NASDAQ:SNDK) by 26.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 2,682 shares of the data storage provider’s stock after purchasing an additional 561 shares during the quarter. Vise Technologies Inc.’s holdings in Sandisk were worth $637,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of SNDK. Vanguard Group Inc. purchased a new position in shares of Sandisk during the third quarter valued at $1,970,388,000. State Street Corp purchased a new position in shares of Sandisk during the third quarter valued at $491,053,000. Arrowstreet Capital Limited Partnership purchased a new position in shares of Sandisk during the third quarter valued at $297,293,000. Norges Bank purchased a new position in shares of Sandisk during the fourth quarter valued at $518,889,000. Finally, Bank of America Corp DE purchased a new position in shares of Sandisk during the third quarter valued at $190,425,000.

Insider Buying and Selling

In other Sandisk news, insider Bernard Shek sold 600 shares of the business’s stock in a transaction dated Wednesday, June 3rd. The stock was sold at an average price of $1,736.00, for a total value of $1,041,600.00. Following the completion of the sale, the insider owned 32,232 shares of the company’s stock, valued at $55,954,752. The trade was a 1.83% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Pokorny sold 2,446 shares of the business’s stock in a transaction dated 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 sale, the chief accounting officer directly owned 22,375 shares of the company’s stock, valued at $31,910,777.50. This represents a 9.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 5,625 shares of company stock worth $8,913,497 over the last ninety days. 0.21% of the stock is currently owned by corporate insiders.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: SanDisk shares climbed as analysts grew more optimistic about its position in the fast-growing NAND memory market, with fresh commentary saying the stock is outperforming a weak broader market. Why is SanDisk stock rising today?
• Positive Sentiment: Investor interest was also lifted by Wall Street price-target hikes from major firms, including Cantor and Bank of America, reinforcing expectations that the AI-driven NAND cycle could support further upside. Why Is SanDisk Stock Gaining Tuesday?
• Positive Sentiment: Zacks highlighted SanDisk’s new business model initiatives, saying they have secured $42 billion in revenue commitments and could reduce dependence on volatile NAND pricing. Can SNDK’s New Business Models Reduce Dependence on NAND Volatility?
• Neutral Sentiment: Coverage from a Mizuho Technology Conference transcript and other market commentary kept SanDisk in the spotlight, but these items were mostly informational rather than a direct catalyst. Sandisk Corporation (SNDK) Presents at Mizuho Technology Conference 2026 Transcript
• Negative Sentiment: Bearish commentary argued SanDisk looks fully valued after its sharp 2026 rally, suggesting the stock may be vulnerable if investors stop chasing momentum. Up 500% in 2026: 1 Deeply Concerning Reason to Stand Pat on SanDisk Stock Despite the June Rebound
• Negative Sentiment: Seeking Alpha also issued a downgrade, reinforcing concerns that the market may have already priced in much of the NAND supercycle recovery. Sandisk: The Cycle Is Early, The Re-Rate Is Not (Rating Downgrade)

Analyst Ratings Changes

A number of research analysts have recently weighed in on SNDK shares. The Goldman Sachs Group reiterated a “buy” rating and set a $1,200.00 price target on shares of Sandisk in a report on Friday, May 1st. Barclays raised Sandisk from an “equal weight” rating to an “overweight” rating and lifted their price objective for the company from $1,200.00 to $2,300.00 in a research report on Tuesday, May 26th. Sanford C. Bernstein lifted their price objective on Sandisk from $1,250.00 to $1,700.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Citigroup lifted their price objective on Sandisk from $1,300.00 to $2,025.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $1,400.00 price objective on shares of Sandisk in a research report on Friday, May 1st. Three analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat, Sandisk currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,580.67.

Sandisk Trading Down 0.2%

SNDK opened at $1,643.23 on Thursday. The stock has a market cap of $243.35 billion, a price-to-earnings ratio of 57.12 and a beta of 4.87. Sandisk Corporation has a 1 year low of $39.44 and a 1 year high of $1,861.00. The stock has a fifty day moving average price of $1,237.43 and a 200 day moving average price of $728.74.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.17 by $9.24. The firm had revenue of $5.95 billion during the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.Sandisk’s revenue for the quarter was up 251.0% on a year-over-year basis. During the same period in the previous year, the business posted ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, sell-side analysts forecast that Sandisk Corporation will post 64.01 earnings per share for the current fiscal year.

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.