Vise Technologies Inc. boosted its holdings in Sandisk Corporation (NASDAQ:SNDK – Free Report) by 26.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,682 shares of the data storage provider’s stock after acquiring an additional 561 shares during the quarter. Vise Technologies Inc.’s holdings in Sandisk were worth $637,000 at the end of the most recent quarter.
Other large investors have also recently added to or reduced their stakes in the company. Whittier Trust Co. acquired a new stake in Sandisk in the 4th quarter valued at approximately $26,000. Chung Wu Investment Group LLC acquired a new position in shares of Sandisk during the 4th quarter valued at $27,000. Westfuller Advisors LLC increased its position in shares of Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after purchasing an additional 43 shares during the period. TD Private Client Wealth LLC raised its stake in shares of Sandisk by 137.9% in the 4th quarter. TD Private Client Wealth LLC now owns 138 shares of the data storage provider’s stock worth $33,000 after buying an additional 80 shares in the last quarter. Finally, Torren Management LLC bought a new stake in shares of Sandisk in the 4th quarter worth $37,000.
Insider Activity
In other Sandisk news, insider Bernard Shek sold 600 shares of the firm’s stock in a transaction dated 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 transaction, the insider directly 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 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 the firm’s stock in a transaction dated Tuesday, May 12th. The stock was 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 owned 22,375 shares of the company’s stock, valued at approximately $31,910,777.50. The trade was a 9.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 5,625 shares of company stock valued at $8,913,497. Corporate insiders own 0.21% of the company’s stock.
Trending Headlines about Sandisk
- 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)
Wall Street Analysts Forecast Growth
A number of research firms have recently commented on SNDK. The Goldman Sachs Group reissued a “buy” rating and issued a $1,200.00 price objective on shares of Sandisk in a research note on Friday, May 1st. Royal Bank Of Canada boosted their price objective on Sandisk from $650.00 to $1,000.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Raymond James Financial reissued an “outperform” rating and issued a $1,470.00 price objective on shares of Sandisk in a research note on Friday, May 1st. Morgan Stanley boosted their price objective on Sandisk from $1,100.00 to $1,750.00 and gave the stock an “overweight” rating in a research note on Wednesday, June 3rd. Finally, Citigroup boosted their price objective on Sandisk from $1,300.00 to $2,025.00 and gave the stock a “buy” rating in a research note on Tuesday, May 19th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,580.67.
View Our Latest Report on SNDK
Sandisk Stock Down 0.2%
Shares of Sandisk stock opened at $1,643.23 on Thursday. Sandisk Corporation has a 12-month low of $39.44 and a 12-month high of $1,861.00. The firm has a market capitalization of $243.35 billion, a PE ratio of 57.12 and a beta of 4.87. The stock’s fifty day moving average is $1,237.43 and its 200-day moving average is $728.74.
Sandisk (NASDAQ:SNDK – Get Free Report) last released 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 business 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 company’s revenue for the quarter was up 251.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Analysts expect that Sandisk Corporation will post 64.01 EPS for the current year.
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.
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