Savvy Advisors Inc. Takes Position in Sandisk Corporation $SNDK

Savvy Advisors Inc. bought a new stake in Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 6,843 shares of the data storage provider’s stock, valued at approximately $768,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. LSV Asset Management acquired a new stake in Sandisk in the third quarter valued at $36,871,000. Cibc World Market Inc. bought a new stake in shares of Sandisk in the 3rd quarter valued at about $923,000. ING Groep NV acquired a new stake in Sandisk in the 3rd quarter valued at about $11,444,000. Rhumbline Advisers acquired a new stake in Sandisk in the 3rd quarter valued at about $37,645,000. Finally, Krilogy Financial LLC bought a new position in Sandisk during the third quarter worth about $321,000.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Kioxia-led shortage signals and sector momentum are driving buying across memory names; analysts and news outlets point to early multi-year bookings and continued tight NAND supply as a structural tailwind for SanDisk. SanDisk (SNDK) Stock Rallies 5% as Memory Shortage Gets Worse – Time to Buy?
• Positive Sentiment: Sector-wide strength (Micron, WDC, STX) lifted SanDisk as investors rotated into memory plays after suppliers signaled constrained supply and earlier-than-usual bookings for 2027–28. Why Are Memory Chip Stocks Up Today? SanDisk (SNDK) Leads
• Positive Sentiment: Multiple bullish write-ups explain that SanDisk’s scale, JV relationships and focus on high-end data‑center flash give it pricing power and outsized earnings leverage in the current AI-driven cycle. Why SanDisk Stock Skyrocketed: 5 Key Questions Answered
• Neutral Sentiment: Coverage pieces summarizing the rally, ownership and street price-target activity provide context for momentum but don’t add new company-specific catalysts; useful for positioning and risk checks. With SanDisk Stock (SNDK) Up 165%, Let’s Look at Who Owns it
• Neutral Sentiment: Broad-market recognition pieces (e.g., roundup of strong S&P performers) keep the stock on screens but are not direct operational news for SanDisk. These 3 Zacks ‘Strong Buy’ Stocks Reflect the Hottest S&P 500 Stocks of 2026
• Negative Sentiment: Cautionary analysis warns the memory “party” could end if manufacturers ramp supply, AI spending normalizes, or competition/valuation concerns surface — all risks that could reverse recent profits quickly. Sandisk: The Storage Party May Be Coming To An End

Insider Activity

In other news, Director Necip Sayiner sold 1,271 shares of the firm’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total transaction of $248,022.94. Following the transaction, the director directly owned 3,479 shares of the company’s stock, valued at approximately $678,892.06. This trade represents a 26.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is currently owned by insiders.

Sandisk Stock Down 0.6%

SNDK stock opened at $626.56 on Friday. Sandisk Corporation has a fifty-two week low of $27.89 and a fifty-two week high of $725.00. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.11 and a quick ratio of 1.92. The stock has a market capitalization of $92.46 billion and a price-to-earnings ratio of -82.55. The business’s fifty day moving average price is $387.83 and its two-hundred day moving average price is $218.09.

Sandisk (NASDAQ:SNDK) last announced its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $2.67 billion. The business’s revenue was up 61.2% on a year-over-year basis.

Analyst Upgrades and Downgrades

Several research firms have issued reports on SNDK. Mizuho set a $600.00 price objective on Sandisk in a research note on Tuesday, January 27th. Fox Advisors upgraded Sandisk from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. Bank of America raised their price target on Sandisk from $300.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Morgan Stanley set a $690.00 price objective on shares of Sandisk in a report on Friday, January 30th. Finally, The Goldman Sachs Group increased their price objective on shares of Sandisk from $320.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $542.85.

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.