Rep. Lisa C. McClain Purchases Shares of Sandisk Corporation (NASDAQ:SNDK)

Representative Lisa C. McClain (R-Michigan) recently bought shares of Sandisk Corporation (NASDAQ:SNDK). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Sandisk stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Sandisk Stock Up 3.8%

Sandisk stock traded up $8.24 during mid-day trading on Friday, hitting $223.28. The company’s stock had a trading volume of 13,367,516 shares, compared to its average volume of 15,667,448. Sandisk Corporation has a 52-week low of $27.89 and a 52-week high of $284.76. The company has a market cap of $32.72 billion and a PE ratio of 697.75. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.29 and a quick ratio of 2.03. The firm’s 50 day moving average is $175.79 and its 200 day moving average is $92.34.

Sandisk (NASDAQ:SNDK) last released its earnings results on Thursday, November 6th. The data storage provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.64. The business had revenue of $2.31 billion for the quarter, compared to analysts’ expectations of $2.12 billion. The firm’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.

Institutional Investors Weigh In On Sandisk

A number of large investors have recently bought and sold shares of the business. Vanguard Group Inc. bought a new position in Sandisk during the third quarter valued at about $1,970,388,000. State Street Corp acquired a new position in shares of Sandisk during the 3rd quarter valued at about $491,053,000. Arrowstreet Capital Limited Partnership bought a new position in shares of Sandisk in the 3rd quarter valued at approximately $297,293,000. Bank of America Corp DE bought a new position in shares of Sandisk in the 3rd quarter valued at approximately $190,425,000. Finally, AQR Capital Management LLC acquired a new stake in Sandisk in the 3rd quarter worth approximately $163,057,000.

Analysts Set New Price Targets

Several research analysts have weighed in on SNDK shares. Bank of America upped their price objective on shares of Sandisk from $270.00 to $300.00 and gave the company a “buy” rating in a research note on Thursday, November 20th. Citigroup upped their price target on shares of Sandisk from $150.00 to $280.00 and gave the stock a “buy” rating in a research note on Friday, November 7th. Benchmark increased their price objective on Sandisk from $125.00 to $260.00 and gave the stock a “buy” rating in a report on Friday, November 7th. Morgan Stanley boosted their target price on Sandisk from $263.00 to $273.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Sanford C. Bernstein raised Sandisk to a “strong-buy” rating in a research report on Tuesday, September 16th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, six have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $193.88.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.