Clal Insurance Enterprises Holdings Ltd Takes $66.76 Million Position in Sandisk Corporation $SNDK

Clal Insurance Enterprises Holdings Ltd bought a new position in shares of Sandisk Corporation (NASDAQ:SNDK) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 595,000 shares of the data storage provider’s stock, valued at approximately $66,759,000. Clal Insurance Enterprises Holdings Ltd owned approximately 0.41% of Sandisk as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sandisk during the third quarter valued at about $27,000. CVA Family Office LLC purchased a new stake in shares of Sandisk in the third quarter worth approximately $28,000. Covestor Ltd acquired a new stake in shares of Sandisk during the third quarter worth approximately $37,000. Cromwell Holdings LLC acquired a new stake in shares of Sandisk during the 3rd quarter valued at $39,000. Finally, True Wealth Design LLC acquired a new stake in Sandisk during the third quarter valued at $40,000.

More Sandisk News

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

Analysts Set New Price Targets

A number of analysts have issued reports on SNDK shares. Benchmark lifted their target price on shares of Sandisk from $260.00 to $450.00 and gave the company a “buy” rating in a research note on Thursday, January 15th. Bank of America increased their price objective on Sandisk from $300.00 to $390.00 and gave the company a “buy” rating in a research report on Wednesday, January 7th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sandisk in a research report on Monday, December 29th. Barclays boosted their price target on Sandisk from $385.00 to $750.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Finally, Raymond James Financial upgraded shares of Sandisk from a “market perform” rating to an “outperform” rating and set a $725.00 price objective for the company in a research note on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $542.85.

Insider Buying and Selling at Sandisk

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction that occurred on 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 transaction, the director directly owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This trade represents a 26.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Necip Sayiner sold 1,271 shares of the firm’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $195.14, for a total value of $248,022.94. Following the completion of the transaction, the director owned 3,479 shares in the company, valued at $678,892.06. This represents a 26.76% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 0.21% of the company’s stock.

Sandisk Stock Performance

Sandisk stock opened at $635.36 on Friday. Sandisk Corporation has a 12-month low of $27.89 and a 12-month high of $725.00. The stock has a market capitalization of $93.78 billion and a price-to-earnings ratio of -83.71. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. The stock has a 50-day simple moving average of $470.09 and a 200 day simple moving average of $258.99.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 EPS for the quarter, beating the consensus estimate 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 analysts’ expectations of $2.67 billion. Sandisk’s revenue for the quarter was up 61.2% compared to the same quarter last 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.