Sandisk Corporation $SNDK Shares Sold by WINTON GROUP Ltd

WINTON GROUP Ltd lowered its holdings in Sandisk Corporation (NASDAQ:SNDK) by 74.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 9,819 shares of the data storage provider’s stock after selling 28,470 shares during the quarter. WINTON GROUP Ltd’s holdings in Sandisk were worth $2,331,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in SNDK. Vanguard Group Inc. acquired a new stake in shares of Sandisk in the third quarter worth $1,970,388,000. State Street Corp acquired a new stake in shares of Sandisk in the third quarter worth $491,053,000. Arrowstreet Capital Limited Partnership acquired a new stake in Sandisk during the third quarter valued at $297,293,000. Norges Bank acquired a new stake in Sandisk during the fourth quarter valued at $518,889,000. Finally, Bank of America Corp DE acquired a new stake in Sandisk during the third quarter valued at $190,425,000.

Sandisk Price Performance

SNDK opened at $1,559.32 on Monday. The company has a market cap of $230.92 billion, a price-to-earnings ratio of 54.20 and a beta of 4.88. Sandisk Corporation has a 52-week low of $38.53 and a 52-week high of $1,861.00. The firm’s fifty day simple moving average is $1,174.63 and its two-hundred day simple moving average is $698.85.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.17 by $9.24. The business had revenue of $5.95 billion for the quarter. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The business’s revenue for the quarter was up 251.0% on a year-over-year basis. During the same period in the previous year, the business earned ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, research analysts forecast that Sandisk Corporation will post 63.58 EPS for the current year.

Wall Street Analysts Forecast Growth

Several research firms recently commented on SNDK. UBS Group set a $1,700.00 price target on shares of Sandisk in a research report on Monday, May 4th. Evercore restated an “outperform” rating and set a $1,400.00 price target on shares of Sandisk in a research report on Friday, May 1st. Citigroup raised their price target on shares of Sandisk from $1,300.00 to $2,025.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Barclays upgraded shares of Sandisk from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,200.00 to $2,300.00 in a research report on Tuesday, May 26th. Finally, KGI Securities began coverage on shares of Sandisk in a research report on Wednesday, March 18th. They set an “outperform” rating and a $992.00 price target on the stock. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,398.27.

Insider Activity at Sandisk

In other Sandisk news, EVP Alper Ilkbahar sold 2,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the transaction, the executive vice president directly owned 52,677 shares of the company’s stock, valued at $92,531,364.66. This trade represents a 3.66% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Michael Pokorny sold 2,446 shares of the stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total transaction of $3,488,436.28. Following the transaction, the chief accounting officer directly owned 22,375 shares in the company, valued at approximately $31,910,777.50. The trade was a 9.85% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 5,625 shares of company stock valued at $8,913,497. 0.21% of the stock is currently owned by company insiders.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analyst commentary remains constructive, with reports citing bullish views on Sandisk and Morgan Stanley lifting its price target by 59%, signaling expectations for further upside from AI-driven memory demand. SNDK stock hits record high: Morgan Stanley raises PT by 59%, sees further upside ahead
• Positive Sentiment: Several bullish pieces argue Sandisk’s AI storage opportunity is still early, highlighting strong recent revenue growth, high margins, and a favorable memory-supply backdrop that could support fundamentals. Sandisk’s AI Storage Moment Is Just Getting Started
• Neutral Sentiment: Market commentary notes Sandisk was among the standout semiconductor winners this year, but that outsized rally is also making the shares more vulnerable to profit-taking and valuation concerns. Sandisk stock is firing on all cylinders: is a day of reckoning coming?
• Neutral Sentiment: Another article suggests analysts still see Sandisk as a key AI memory beneficiary, reinforcing the long-term demand story even as short-term trading turns volatile. These Experts Say the Memory-Stock Runup May Not Be Over Yet
• Negative Sentiment: Friday’s selloff appears driven by a “parabolic” unwind in semiconductor leaders, with Sandisk and peers Micron and Marvell sliding as investors reduce exposure to overheated AI trades. Micron, Sandisk stocks slide as traders exit high-flying AI plays
• Negative Sentiment: New competition concerns and softer sentiment across tech hardware added to the weakness, suggesting near-term momentum could fade if the sector rotation continues. Micron (MU), SanDisk (SNDK) Stocks Slide after Broadcom Outlook and New Competition Threat

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.