Capitolis Liquid Global Markets LLC Has $24.47 Million Position in Sandisk Corporation $SNDK

Capitolis Liquid Global Markets LLC lessened its position in Sandisk Corporation (NASDAQ:SNDK) by 39.4% in the fourth quarter, Holdings Channel.com reports. The firm owned 103,092 shares of the data storage provider’s stock after selling 66,908 shares during the quarter. Capitolis Liquid Global Markets LLC’s holdings in Sandisk were worth $24,472,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of SNDK. Osaic Holdings Inc. acquired a new position in Sandisk in the 2nd quarter worth about $317,000. Merit Financial Group LLC acquired a new position in Sandisk in the 3rd quarter worth about $408,000. Jones Financial Companies Lllp acquired a new position in Sandisk in the 3rd quarter worth about $134,000. ProShare Advisors LLC acquired a new position in Sandisk in the 3rd quarter worth about $269,000. Finally, Cibc World Market Inc. acquired a new position in Sandisk in the 3rd quarter worth about $923,000.

Key Headlines Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analysts and bullish commentators say Sandisk is benefiting from accelerating AI memory demand, especially at the edge, where more AI-enabled devices need local storage. One recent upgrade argues this could support long-term growth and higher valuation. Sandisk: I Was Wrong, Edge AI Changes Everything (Rating Upgrade)
• Positive Sentiment: Another analysis says AI inference workloads could boost NAND demand through enterprise SSDs, supply agreements, and better margins, reinforcing the bull case for Sandisk’s storage cycle. Can AI Inference Workloads Accelerate NAND Demand for Sandisk?
• Neutral Sentiment: Coverage comparing top 2026 S&P 500 performers continues to spotlight Sandisk as a major AI-memory winner, which can keep investor attention high but does not add new company-specific fundamentals. AI Memory Demand Has Turned These 5 S&P 500 Stocks Into Market Leaders
• Negative Sentiment: Carter Worth of Worth Charting warned that the memory-chip trade has gone “too far, too fast” and singled out Sandisk as the “most overbought stock ever,” encouraging traders to trim or hedge positions. Take Profits Now. Famous Chart Technician Says SanDisk is The “Most Overbought Stock Ever”
• Negative Sentiment: Additional articles note Sandisk slipping back after hitting a record high, reinforcing fears of a near-term pullback as investors lock in gains. SanDisk Is ‘the Most Overbought Stock in History,’ Says Polymarket

Insider Transactions at Sandisk

In related news, CAO Michael Pokorny sold 2,446 shares of the company’s stock in a transaction that occurred on Tuesday, May 12th. The stock was 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 of the company’s stock, valued at approximately $31,910,777.50. This represents a 9.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Bernard Shek sold 600 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The stock was sold at an average price of $1,736.00, for a total value of $1,041,600.00. Following the transaction, the insider directly owned 32,232 shares in the company, valued at approximately $55,954,752. This trade represents a 1.83% 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 sold a total of 5,625 shares of company stock valued at $8,913,497 in the last 90 days. Corporate insiders own 0.21% of the company’s stock.

Sandisk Stock Performance

SNDK stock opened at $1,958.80 on Thursday. The stock’s 50 day simple moving average is $1,366.71 and its 200 day simple moving average is $791.01. Sandisk Corporation has a fifty-two week low of $40.10 and a fifty-two week high of $2,167.33. The company has a market cap of $290.08 billion, a P/E ratio of 68.08 and a beta of 4.87.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, topping analysts’ consensus estimates of $14.17 by $9.24. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.The business had revenue of $5.95 billion for the quarter. During the same period last year, the company posted ($0.30) earnings per share. The firm’s quarterly revenue was up 251.0% compared to the same quarter last year. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Equities analysts predict that Sandisk Corporation will post 64.01 earnings per share for the current year.

Analysts Set New Price Targets

A number of equities research analysts have commented on SNDK shares. Mizuho upped their price target on Sandisk from $1,825.00 to $2,200.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. Melius Research set a $2,350.00 price target on Sandisk in a research report on Monday, May 18th. Susquehanna upped their price target on Sandisk from $2,000.00 to $3,250.00 and gave the company a “positive” rating in a research report on Friday, May 29th. Wells Fargo & Company upped their price target on Sandisk from $975.00 to $1,250.00 and gave the company an “equal weight” rating in a research report on Friday, May 1st. Finally, Barclays upgraded Sandisk from an “equal weight” rating to an “overweight” rating and upped their price target for the company from $1,200.00 to $2,300.00 in a research report on Tuesday, May 26th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,580.67.

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.