World Investment Advisors Acquires New Shares in Sandisk Corporation $SNDK

World Investment Advisors purchased a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 1,084 shares of the data storage provider’s stock, valued at approximately $257,000.

Several other large investors also recently modified their holdings of the company. Whittier Trust Co. purchased a new stake in Sandisk during the fourth quarter valued at approximately $26,000. Greenline Wealth Management LLC purchased a new stake in shares of Sandisk during the fourth quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sandisk during the 3rd quarter valued at approximately $27,000. Chung Wu Investment Group LLC bought a new stake in Sandisk in the 4th quarter valued at $27,000. Finally, Westfuller Advisors LLC lifted its position in shares of Sandisk by 51.8% in the fourth quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after buying an additional 43 shares in the last quarter.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Rising AI infrastructure demand continues to support Sandisk’s NAND flash and SSD business, with multiple articles pointing to strong pricing power, improving earnings, and a favorable industry backdrop. Micron + One Explosive AI Memory Stock to Buy Before H2 2026
• Positive Sentiment: Citi raised its price target on Sandisk to $2,500 and reiterated a Buy rating, reinforcing the view that Wall Street still sees upside after the company’s blowout quarter. Citi Just Raised Its Price Target on SanDisk Stock. Here’s Why.
• Positive Sentiment: Micron’s strong results also lifted sentiment across the memory-chip group, putting Sandisk in focus as investors extrapolate stronger AI memory demand into the next quarter. Micron’s Robust Q3 Results Raise Investor Attention on These 3 Stocks
• Neutral Sentiment: Some analysis notes that Sandisk remains attractively valued versus its growth profile, but that the stock carries higher execution and customer-concentration risk than more diversified peers. Sandisk: Unlike Micron, There’s Much Higher Risk
• Negative Sentiment: Several market reports describe the move as a cooling of the memory rally, with traders locking in profits after Thursday’s sharp surge. Why Is Sandisk Stock Falling Friday?
• Negative Sentiment: One bearish note argues Sandisk has rallied too far too fast and implies material downside from current levels, adding to near-term pressure on the shares. Prediction: SanDisk Has Rallied Too Far, Too Fast. The Price Target Warns of 20%+ Downside

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SNDK. Wells Fargo & Company boosted their price objective on Sandisk from $975.00 to $1,250.00 and gave the stock an “equal weight” rating in a research note on Friday, May 1st. Wedbush raised their target price on shares of Sandisk from $740.00 to $1,200.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 29th. Susquehanna upped their price objective on shares of Sandisk from $2,000.00 to $3,250.00 and gave the stock a “positive” rating in a research note on Friday, May 29th. Evercore reiterated an “outperform” rating and issued a $1,400.00 price target on shares of Sandisk in a report on Friday, May 1st. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $1,200.00 price target on shares of Sandisk in a report on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $1,603.29.

Insider Activity at Sandisk

In other Sandisk news, 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 transaction of $3,488,436.28. Following the sale, the chief accounting officer owned 22,375 shares in the company, valued at approximately $31,910,777.50. The trade was a 9.85% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Alper Ilkbahar sold 2,000 shares of the business’s stock in a transaction dated Monday, June 1st. The shares were sold at an average price of $1,756.58, for a total value of $3,513,160.00. Following the sale, the executive vice president owned 52,677 shares in the company, valued at approximately $92,531,364.66. The trade was a 3.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 5,625 shares of company stock worth $8,913,497. 0.21% of the stock is owned by company insiders.

Sandisk Price Performance

Shares of NASDAQ:SNDK opened at $2,090.71 on Friday. The business’s 50-day moving average is $1,546.01 and its 200 day moving average is $881.10. Sandisk Corporation has a 1 year low of $40.10 and a 1 year high of $2,354.39. The firm has a market capitalization of $309.61 billion, a P/E ratio of 72.67 and a beta of 4.87.

Sandisk (NASDAQ:SNDK) last issued its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, topping analysts’ consensus estimates of $14.17 by $9.24. The business had revenue of $5.95 billion for the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.Sandisk’s revenue was up 251.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, analysts expect 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.