WINTON GROUP Ltd Buys 5,531 Shares of Sandisk Corporation $SNDK

WINTON GROUP Ltd boosted its stake in shares of Sandisk Corporation (NASDAQ:SNDK) by 899.3% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,146 shares of the data storage provider’s stock after buying an additional 5,531 shares during the quarter. WINTON GROUP Ltd’s holdings in Sandisk were worth $13,974,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in SNDK. Valley Wealth Managers Inc. acquired a new stake in shares of Sandisk in the first quarter valued at about $25,000. Greenline Wealth Management LLC acquired a new position in shares of Sandisk in the fourth quarter worth approximately $26,000. IMG Wealth Management Inc. bought a new stake in Sandisk in the first quarter valued at approximately $29,000. Dunhill Financial LLC bought a new stake in Sandisk in the second quarter valued at approximately $30,000. Finally, Parallel Advisors LLC acquired a new stake in Sandisk during the 3rd quarter valued at approximately $30,000.

Sandisk Stock Performance

Sandisk stock opened at $1,764.17 on Thursday. The stock has a market capitalization of $258.31 billion, a price-to-earnings ratio of 24.20, a PEG ratio of 0.17 and a beta of 5.17. Sandisk Corporation has a 52-week low of $72.03 and a 52-week high of $2,354.39. The stock’s 50 day moving average price is $1,521.04 and its two-hundred day moving average price is $1,313.91.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings data on Wednesday, August 5th. The data storage provider reported $39.25 earnings per share for the quarter, beating the consensus estimate of $33.28 by $5.97. Sandisk had a net margin of 56.47% and a return on equity of 87.84%. The company had revenue of $8.96 billion during the quarter. During the same quarter in the prior year, the firm earned $0.29 EPS. The business’s revenue was up 371.6% compared to the same quarter last year. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. On average, equities research analysts forecast that Sandisk Corporation will post 208.92 EPS for the current year.

Sandisk announced that its Board of Directors has approved a share buyback plan on Wednesday, August 5th that permits the company to repurchase $14.00 billion in shares. This repurchase authorization permits the data storage provider to buy up to 6.6% of its shares through open market purchases. Shares repurchase plans are typically a sign that the company’s board believes its stock is undervalued.

Insiders Place Their Bets

In other news, insider Bernard Shek sold 2,308 shares of the stock in a transaction dated Tuesday, September 8th. The shares were sold at an average price of $1,767.33, for a total transaction of $4,078,997.64. Following the transaction, the insider owned 25,305 shares of the company’s stock, valued at $44,722,285.65. This represents a 8.36% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Alper Ilkbahar sold 4,712 shares of the firm’s stock in a transaction dated Thursday, September 3rd. The shares were sold at an average price of $1,540.58, for a total value of $7,259,212.96. Following the completion of the sale, the executive vice president owned 44,134 shares of the company’s stock, valued at approximately $67,991,957.72. This represents a 9.65% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 9,220 shares of company stock valued at $14,829,223 over the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI-driven memory demand remains the primary catalyst. Analysts say NAND demand from data centers and AI systems is strengthening, while constrained supply could support pricing and margins. Goldman Sachs reportedly believes the worst of the memory-sector downturn may be over, helping lift Sandisk and peers Micron and SK Hynix. Memory stocks rally article
• Positive Sentiment: Analysts continue to see upside. Citi reaffirmed a Buy rating and maintained its $2,100 price target, citing strengthening AI-related NAND demand. Other bullish commentary points to approximately $93.9 billion in minimum-revenue commitments, potentially more than $24 billion in fiscal 2027 free cash flow and strong pricing power from new business models. Citi Sandisk rating article
• Positive Sentiment: Index inclusion could provide additional demand. Sandisk is scheduled to join the S&P 100 before trading opens September 21, which may increase institutional visibility and trigger purchases by index-tracking funds. S&P 100 inclusion article
• Neutral Sentiment: The investment case is increasingly dependent on momentum. SNDK has risen more than 600% in less than a year and trades near the upper end of its 52-week range. Bullish investors expect another leg higher, but valuation models and technical signals disagree about whether earnings growth can justify the move. SanDisk price of momentum article
• Negative Sentiment: Profit-taking and analyst caution could increase volatility. Zacks Research downgraded Sandisk from Strong Buy to Hold, while coverage warns that memory demand, NAND pricing and customer spending remain cyclical. Two executives also sold shares under pre-arranged Rule 10b5-1 plans, including roughly $12 million of reported insider sales since the beginning of September; both retained substantial holdings. Sandisk insider trading article

Wall Street Analysts Forecast Growth

Several research analysts have issued reports on the stock. Cantor Fitzgerald restated an “overweight” rating and set a $2,900.00 price target on shares of Sandisk in a report on Monday, August 10th. Barclays upgraded shares of Sandisk from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $1,200.00 to $2,300.00 in a research report on Tuesday, May 26th. The Goldman Sachs Group restated a “buy” rating and issued a $2,200.00 target price on shares of Sandisk in a report on Thursday, August 13th. Sanford C. Bernstein reaffirmed an “outperform” rating on shares of Sandisk in a research report on Thursday, August 6th. Finally, Morgan Stanley increased their price target on Sandisk from $1,100.00 to $1,750.00 and gave the stock an “overweight” rating in a report on Wednesday, June 3rd. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and three have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,998.14.

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.