922 Shares in Sandisk Corporation $SNDK Acquired by Kera Capital Partners Inc.

Kera Capital Partners Inc. bought a new position in shares of Sandisk Corporation (NASDAQ:SNDK) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 922 shares of the data storage provider’s stock, valued at approximately $219,000.

A number of other institutional investors have also recently bought and sold shares of SNDK. Compound Planning Inc. bought a new stake in shares of Sandisk during the fourth quarter worth $452,000. Invesco Ltd. raised its holdings in shares of Sandisk by 88.9% during the fourth quarter. Invesco Ltd. now owns 1,326,405 shares of the data storage provider’s stock worth $314,862,000 after acquiring an additional 624,348 shares during the period. Corient Private Wealth LLC lifted its position in Sandisk by 0.6% in the 4th quarter. Corient Private Wealth LLC now owns 10,902 shares of the data storage provider’s stock valued at $2,363,000 after acquiring an additional 68 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its position in Sandisk by 2.5% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 18,973 shares of the data storage provider’s stock valued at $4,504,000 after acquiring an additional 468 shares in the last quarter. Finally, Galaxy Group Investments LLC bought a new stake in Sandisk in the 4th quarter valued at $1,688,000.

Insider Activity

In other Sandisk news, insider Bernard Shek sold 600 shares of the stock in a transaction on Wednesday, June 3rd. The shares were 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 in the company, valued at $55,954,752. This trade represents a 1.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Pokorny sold 2,446 shares of Sandisk stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total transaction 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 approximately $31,910,777.50. This trade represents a 9.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 5,625 shares of company stock valued at $8,913,497 in the last ninety days. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

SNDK has been the subject of a number of research reports. Barclays upgraded Sandisk from an “equal weight” rating to an “overweight” rating and increased their target price for the stock from $1,200.00 to $2,300.00 in a report on Tuesday, May 26th. Royal Bank Of Canada boosted their price target on Sandisk from $650.00 to $1,000.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. 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. Arete Research upgraded Sandisk from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Finally, Cantor Fitzgerald lifted their target price on Sandisk from $1,800.00 to $2,900.00 and gave the company an “overweight” rating in a research report on Monday, June 8th. 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’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $1,580.67.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analysts and market commentary say AI demand is fundamentally changing the NAND market, supporting the bullish case for Sandisk and the broader memory cycle.
• Positive Sentiment: Bank of America reportedly raised its price target to $2,100 as the global NAND shortage worsens, adding to investor enthusiasm for SNDK.
• Positive Sentiment: Memory stocks, including Sandisk, rallied alongside Micron and Western Digital as traders positioned ahead of Micron’s earnings, reinforcing sector momentum.
• Positive Sentiment: Articles highlighted Sandisk’s huge year-to-date gain and record-high trading levels, which can draw momentum buyers and ETF inflows tied to storage and AI themes. Article title
• Neutral Sentiment: Several pieces focused on Sandisk’s strong performance, including its role in free-cash-flow ETFs and comments from investors who have made large gains, which may help sentiment but do not change fundamentals directly.
• Neutral Sentiment: One report said SNDK could be significantly overvalued after its recent surge, which is a cautionary note for investors even as the stock remains buoyant.
• Negative Sentiment: Valuation concerns are starting to emerge after the explosive rally, and any disappointment in future earnings or memory pricing could spark volatility in SNDK.

Sandisk Trading Up 4.1%

Sandisk stock opened at $2,273.73 on Tuesday. Sandisk Corporation has a 1-year low of $40.10 and a 1-year high of $2,354.39. The company has a fifty day simple moving average of $1,452.71 and a 200 day simple moving average of $833.30. The company has a market cap of $336.72 billion, a P/E ratio of 79.03 and a beta of 4.88.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share 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%.The firm’s revenue for the quarter was up 251.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, equities research analysts forecast that Sandisk Corporation will post 64.01 EPS for the current year.

Sandisk 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.