Sandisk Corporation $SNDK Shares Sold by Kera Capital Partners Inc.

Kera Capital Partners Inc. reduced its holdings in Sandisk Corporation (NASDAQ:SNDK) by 43.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 519 shares of the data storage provider’s stock after selling 403 shares during the period. Kera Capital Partners Inc.’s holdings in Sandisk were worth $330,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Modera Wealth Management LLC purchased a new stake in Sandisk during the 1st quarter valued at about $362,000. Townsend Asset Management Corp NC ADV purchased a new position in Sandisk in the 1st quarter worth approximately $257,000. Astra Wealth Partners LLC acquired a new position in shares of Sandisk during the 1st quarter worth approximately $224,000. Assetmark Inc. boosted its holdings in shares of Sandisk by 1,990.3% during the 1st quarter. Assetmark Inc. now owns 3,658 shares of the data storage provider’s stock worth $2,324,000 after purchasing an additional 3,483 shares during the last quarter. Finally, PeakShares LLC purchased a new stake in shares of Sandisk in the first quarter valued at approximately $445,000.

Sandisk Price Performance

Shares of NASDAQ SNDK opened at $1,390.95 on Tuesday. The company has a 50 day simple moving average of $1,743.12 and a 200-day simple moving average of $1,056.26. The company has a market capitalization of $205.99 billion, a P/E ratio of 48.35 and a beta of 4.74. Sandisk Corporation has a 1 year low of $40.10 and a 1 year high of $2,354.39.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 EPS for the quarter, beating analysts’ consensus estimates of $14.17 by $9.24. The firm 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%.The company’s revenue was up 251.0% on a year-over-year basis. During the same quarter in the prior year, the company posted ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, research analysts expect that Sandisk Corporation will post 64.52 EPS for the current year.

Analysts Set New Price Targets

Several equities research analysts recently commented on SNDK shares. Jefferies Financial Group reaffirmed a “buy” rating and issued a $1,400.00 price target on shares of Sandisk in a report on Friday, May 1st. UBS Group set a $1,700.00 target price on Sandisk in a report on Monday, May 4th. Royal Bank Of Canada raised their target price 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. Evercore set a $3,100.00 target price on Sandisk in a research note on Monday, July 13th. Finally, Zacks Research lowered Sandisk from a “strong-buy” rating to a “hold” rating in a report on Wednesday, July 1st. Two equities research analysts have rated the stock with a Strong Buy rating, nineteen have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,803.29.

Key Headlines Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Memory and semiconductor stocks are rebounding sharply in Monday trading, lifting Sandisk along with peers as investors regain confidence after the recent selloff. Micron Jumps 5%, SanDisk Rises 6%, Western Digital Climbs 4% as Memory Stocks Rebound With Chips
• Positive Sentiment: Investors are viewing the memory-stock pullback as a strong entry point, which is encouraging dip-buying in SanDisk and other chip names. The Memory Stock Sell-Off Created a ‘Strong Entry Point,’ Says Morgan Stanley. Investors Are Buying In.
• Positive Sentiment: Morgan Stanley reportedly flagged several semiconductor and AI infrastructure stocks as attractive after the memory-equity selloff, supporting a broader rebound in the group. Banking giant names 7 stocks to buy after memory equities sell-off
• Positive Sentiment: Recent commentary remains constructive on Sandisk’s earnings power, citing strong revenue growth, higher margins, and its position in AI storage demand. Sandisk: The Math Supporting A Rare Opportunity
• Positive Sentiment: Additional bullish coverage says Sandisk remains attractive despite its big 2026 run, pointing to ongoing memory-chip shortage conditions. Sandisk: Even After a 580% Rise in 2026, It’s Still a Screaming Buy (NASDAQ: SNDK)

Insiders Place Their Bets

In other news, EVP Alper Ilkbahar sold 2,000 shares of the stock in a transaction on Monday, June 1st. The stock was sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the completion of the transaction, the executive vice president directly owned 52,677 shares in the company, valued at approximately $92,531,364.66. This represents a 3.66% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Bernard Shek sold 600 shares of the stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $2,088.00, for a total value of $1,252,800.00. Following the transaction, the insider owned 31,515 shares of the company’s stock, valued at approximately $65,803,320. This represents a 1.87% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,225 shares of company stock worth $10,166,297 over the last ninety days. Company insiders own 0.21% of the company’s stock.

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.