Sanctuary Advisors LLC Increases Stock Holdings in Sandisk Corporation $SNDK

Sanctuary Advisors LLC increased its holdings in Sandisk Corporation (NASDAQ:SNDK) by 30.1% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,289 shares of the data storage provider’s stock after purchasing an additional 992 shares during the period. Sanctuary Advisors LLC’s holdings in Sandisk were worth $1,018,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. WT Asset Management Ltd grew its position in shares of Sandisk by 426.8% in the fourth quarter. WT Asset Management Ltd now owns 210,700 shares of the data storage provider’s stock valued at $50,016,000 after purchasing an additional 170,700 shares during the period. China Universal Asset Management Co. Ltd. purchased a new stake in shares of Sandisk in the fourth quarter valued at $878,000. Rakuten Securities Inc. grew its position in shares of Sandisk by 399.7% in the fourth quarter. Rakuten Securities Inc. now owns 9,745 shares of the data storage provider’s stock valued at $2,313,000 after purchasing an additional 7,795 shares during the period. waypoint wealth counsel purchased a new stake in shares of Sandisk in the fourth quarter valued at $387,000. Finally, HB Wealth Management LLC grew its position in shares of Sandisk by 17.9% in the fourth quarter. HB Wealth Management LLC now owns 3,660 shares of the data storage provider’s stock valued at $869,000 after purchasing an additional 556 shares during the period.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: SanDisk announced or locked in roughly $42 billion in long?term AI supply deals, underpinning revenue visibility and supporting outsized gross margins — a major catalyst behind the recent runup. SanDisk Surges 10% After Locking In $42B
• Positive Sentiment: Company fundamentals look strong: recent quarterly results showed large revenue/margin beats and management set aggressive EPS guidance, giving investors confidence in near?term profitability. Sandisk Put A Collar On It, For Now
• Positive Sentiment: Analysts have been raising price targets on AI/memory names including SanDisk as chip shortages and AI demand lift near?term earnings expectations — a technical tailwind for the stock. Analyst Price Target Raises
• Positive Sentiment: Media/celebrity endorsement (Jim Cramer) and broad memory?stock momentum have amplified buying interest, contributing to recent record highs and heightened retail/institutional attention. Jim Cramer on Sandisk
• Neutral Sentiment: Outlook pieces and target timelines (e.g., $1,700 target estimates) keep bullish expectations in the story, but they are projections that depend on sustained AI demand and supply tightness. Top Analyst $1,700 Timing
• Negative Sentiment: Options market activity signals elevated downside hedging: implied volatility is very high (~107%) and the put?call skew (put?call ratio ~1.42) plus heavy put open interest indicate traders are positioning for a pullback — a short?term risk to the rally. Options Market Pricing a Big Selloff
• Negative Sentiment: While NBMs (long?term contracts) boost revenue visibility, they also limit upside from further spot price rallies; additionally, early signs of NAND price normalization could reduce margin expansion vs. recent quarters. Still Time to Pay Up?

Wall Street Analyst Weigh In

A number of brokerages have recently commented on SNDK. Citigroup lifted their price objective on Sandisk from $980.00 to $1,300.00 and gave the company a “buy” rating in a research report on Friday, May 1st. Mizuho set a $1,220.00 price objective on Sandisk in a research report on Friday, May 1st. Wedbush lifted their target price on Sandisk from $740.00 to $1,200.00 and gave the company an “outperform” rating in a report on Wednesday, April 29th. Jefferies Financial Group reiterated a “buy” rating and issued a $1,400.00 target price on shares of Sandisk in a report on Friday, May 1st. Finally, Zacks Research upgraded Sandisk from a “hold” rating to a “strong-buy” rating in a report on Friday, February 20th. Three analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $1,065.81.

Insiders Place Their Bets

In related news, Director Miyuki Suzuki sold 3,500 shares of Sandisk stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total value of $2,196,355.00. Following the transaction, the director owned 9,907 shares in the company, valued at approximately $6,216,939.71. This trade represents a 26.11% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.21% of the company’s stock.

Sandisk Trading Up 0.3%

Shares of Sandisk stock opened at $1,409.98 on Thursday. Sandisk Corporation has a twelve month low of $33.13 and a twelve month high of $1,439.70. The stock has a market capitalization of $208.80 billion, a P/E ratio of 49.01 and a beta of 4.82. The business’s fifty day moving average price is $783.16 and its 200 day moving average price is $492.15.

Sandisk (NASDAQ:SNDK) last issued its earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, beating 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 firm had revenue of $5.95 billion for the quarter. During the same quarter in the previous year, the business posted ($0.30) EPS. Sandisk’s 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. As a group, sell-side analysts predict that Sandisk Corporation will post 50.53 EPS for the current year.

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.