Swiss Life Asset Management Ltd Has $683,000 Stock Position in Sandisk Corporation $SNDK

Swiss Life Asset Management Ltd lifted its stake in shares of Sandisk Corporation (NASDAQ:SNDK) by 27.6% during the third quarter, Holdings Channel.com reports. The firm owned 6,090 shares of the data storage provider’s stock after acquiring an additional 1,318 shares during the period. Swiss Life Asset Management Ltd’s holdings in Sandisk were worth $683,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the company. Vanguard Personalized Indexing Management LLC acquired a new stake in Sandisk in the third quarter valued at approximately $1,136,000. New York State Teachers Retirement System bought a new stake in shares of Sandisk during the third quarter valued at approximately $13,546,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Sandisk during the third quarter worth approximately $7,046,000. Sage Rhino Capital LLC bought a new position in shares of Sandisk in the 3rd quarter worth $587,000. Finally, Sumitomo Mitsui Trust Group Inc. bought a new position in shares of Sandisk in the 3rd quarter worth $514,000.

Insider Buying and Selling at Sandisk

In related news, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $627.53, for a total transaction of $2,196,355.00. Following the transaction, the director directly owned 9,907 shares of the company’s stock, valued at $6,216,939.71. This trade represents a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is owned by insiders.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Bank of America raised its price target to $900 and keeps a “buy” rating, reinforcing analyst optimism and giving the stock a clear near?term upside reference for investors. SanDisk Corp Stock (SNDK) Jumps on a Raised Price Target from a Top Analyst
• Positive Sentiment: Research notes (Zacks) highlight Sandisk’s accelerating data?center SSD revenue and multi?year supply deals tied to AI infrastructure, supporting a fundamental growth thesis that could sustain higher multiples if adoption continues. SNDK vs. ADI: Which Semiconductor Stock Has an Edge in Data Centers?
• Positive Sentiment: Bullish retail/independent writeups (InsiderMonkey, Reddit summaries) are circulating a growth/AI thesis that has helped momentum traders and retail buyers remain engaged. Is Sandisk Corporation (SNDK) A Good Stock To Buy Now?
• Neutral Sentiment: Multiple “Is SNDK a buy?” articles (MSN/Zacks/Barron’s mentions) are increasing retail interest and search volume; these drive flows but offer mixed conclusions, so they amplify volatility without a clear directional catalyst. Is SanDisk Corporation (SNDK) a good stock to buy now?
• Neutral Sentiment: Multiple short?interest posts claim a “large increase” in March shorting, but the reported figures show 0 shares and NaN changes — indicating a likely reporting/data error. Treat short?interest signals as unreliable until corrected.
• Negative Sentiment: Counterpoints argue the stock’s multi?year rally and >100% YTD gains may be overextended absent a sustained AI supercycle; such views increase the risk of a pullback if order momentum or gross?margin improvement disappoints. SanDisk Stock’s Breakout Looks Overdone—Unless the AI Supercycle Is Real

Sandisk Trading Down 0.0%

Shares of Sandisk stock opened at $702.48 on Wednesday. The company has a market capitalization of $103.69 billion and a P/E ratio of -92.55. The stock has a fifty day simple moving average of $592.97 and a 200 day simple moving average of $334.21. Sandisk Corporation has a 12-month low of $27.89 and a 12-month high of $777.60. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06.

Sandisk (NASDAQ:SNDK) last issued its quarterly earnings data on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating the consensus estimate of $3.31 by $2.89. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The business had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $2.67 billion. Sandisk’s revenue for the quarter was up 61.2% on a year-over-year basis.

Analyst Ratings Changes

A number of analysts have commented on the stock. Barclays boosted their price target on shares of Sandisk from $385.00 to $750.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. Benchmark lifted their price objective on shares of Sandisk from $260.00 to $450.00 and gave the company a “buy” rating in a report on Thursday, January 15th. Wedbush boosted their target price on shares of Sandisk from $600.00 to $740.00 and gave the stock an “outperform” rating in a research report on Friday, January 30th. Finally, Raymond James Financial upgraded shares of Sandisk from a “market perform” rating to an “outperform” rating and set a $725.00 target price on the stock in a report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $594.48.

About Sandisk

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.