5,229 Shares in Sandisk Corporation $SNDK Purchased by Sage Rhino Capital LLC

Sage Rhino Capital LLC purchased a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 5,229 shares of the data storage provider’s stock, valued at approximately $587,000.

Other large investors have also recently added to or reduced their stakes in the company. CVA Family Office LLC acquired a new stake in shares of Sandisk during the third quarter worth approximately $28,000. Covestor Ltd acquired a new stake in Sandisk during the 3rd quarter valued at $37,000. Cromwell Holdings LLC acquired a new stake in Sandisk during the 3rd quarter valued at $39,000. True Wealth Design LLC bought a new position in Sandisk in the 3rd quarter valued at $40,000. Finally, Webster Bank N. A. acquired a new position in Sandisk in the third quarter worth $45,000.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Structural AI-driven demand is shifting smart money into storage (hot-tier SSDs) where Sandisk benefits from pricing power and supply tightness—this underpins revenue and margin upside. Forget the Chips, Buy Memory: Why AI Money Is Moving to Storage
• Positive Sentiment: Sandisk has a history of beating estimates and analysts see another potential upside to EPS based on operating leverage and recent demand trends—this supports upside to guidance and stock momentum. Why Sandisk Could Beat Earnings Estimates Again
• Positive Sentiment: Heavy short interest and prior squeeze activity have created a crowded long/short setup—reports estimate large losses for shorts, which can amplify rallies if buying resumes. Sandisk rally inflicts $3B loss on shorts
• Neutral Sentiment: Investors are focused on SNDK’s upcoming Q2 2026 report and guidance; expectations are elevated after recent beats, so the stock is sensitive to any conservative guidance or supply/price commentary. What to Expect From Sandisk’s Q2 2026 Earnings Report
• Negative Sentiment: Profit-taking and a short-term pause in the AI memory rally are pressuring the stock after an extraordinary run (over 1,000%+ since early 2025); technical momentum is cooling, which can accelerate pullbacks. SanDisk Stock Extends Pullback As AI Memory Rally Catches Its Breath
• Negative Sentiment: Valuation and analyst caution: some outlets flag SNDK as richly valued and vulnerable to sharp reversals if growth or guidance disappoints—raises downside risk for momentum traders. 2 Ultra-Popular AI Stocks to Sell Before They Drop

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Mizuho lifted their price target on Sandisk from $250.00 to $410.00 and gave the company an “outperform” rating in a report on Friday, January 9th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $320.00 price target on shares of Sandisk in a research note on Friday, January 9th. Benchmark upped their target price on shares of Sandisk from $260.00 to $450.00 and gave the company a “buy” rating in a research report on Thursday, January 15th. Wall Street Zen downgraded shares of Sandisk from a “strong-buy” rating to a “buy” rating in a research note on Saturday, December 27th. Finally, Cantor Fitzgerald increased their price objective on shares of Sandisk from $240.00 to $300.00 and gave the company an “overweight” rating in a report on Friday, November 7th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $327.89.

Insider Buying and Selling at Sandisk

In other news, Director Necip Sayiner sold 1,271 shares of the business’s stock in a transaction dated Wednesday, December 3rd. The shares were 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is owned by company insiders.

Sandisk Price Performance

NASDAQ SNDK opened at $473.83 on Monday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 2.03 and a current ratio of 3.29. The stock has a market cap of $69.44 billion and a price-to-earnings ratio of 1,480.72. The business has a 50 day simple moving average of $280.02 and a 200 day simple moving average of $163.87. Sandisk Corporation has a 52-week low of $27.89 and a 52-week high of $509.50.

Sandisk (NASDAQ:SNDK) last released its earnings results on Thursday, November 6th. The data storage provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.64. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.12 billion. The company’s revenue was up 22.6% on a year-over-year basis. Sandisk has set its Q2 2026 guidance at 3.000-3.40 EPS.

About Sandisk

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.