Entropy Technologies LP Purchases Shares of 33,046 Sandisk Corporation $SNDK

Entropy Technologies LP acquired a new position in Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, HoldingsChannel reports. The firm acquired 33,046 shares of the data storage provider’s stock, valued at approximately $3,708,000.

Other large investors have also recently made changes to their positions in the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Sandisk during the third quarter valued at approximately $27,000. CVA Family Office LLC bought a new position in shares of Sandisk during the third quarter valued at approximately $28,000. Parallel Advisors LLC purchased a new stake in Sandisk in the third quarter worth $30,000. Covestor Ltd bought a new stake in Sandisk in the third quarter valued at $37,000. Finally, Cromwell Holdings LLC bought a new stake in Sandisk in the third quarter valued at $39,000.

Analyst Upgrades and Downgrades

Several research analysts have commented on SNDK shares. Weiss Ratings restated a “sell (d+)” rating on shares of Sandisk in a report on Monday, December 29th. Zacks Research raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research note on Friday, February 20th. Citigroup increased their price target on shares of Sandisk from $490.00 to $750.00 and gave the stock a “buy” rating in a research note on Monday, February 2nd. China Renaissance started coverage on Sandisk in a report on Friday, December 5th. They issued a “buy” rating and a $322.00 price objective for the company. Finally, Bank of America lifted their target price on shares of Sandisk from $300.00 to $390.00 and gave the company a “buy” rating in a report on Wednesday, January 7th. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $542.85.

Sandisk Stock Down 5.6%

NASDAQ:SNDK opened at $618.82 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.92 and a current ratio of 3.11. The firm has a market cap of $91.34 billion and a P/E ratio of -81.53. Sandisk Corporation has a fifty-two week low of $27.89 and a fifty-two week high of $725.00. The firm has a 50-day simple moving average of $533.34 and a two-hundred day simple moving average of $293.36.

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

Insider Transactions at Sandisk

In related news, Director Miyuki Suzuki sold 3,500 shares of the company’s stock in a transaction that occurred 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 directly owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This represents a 26.11% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Company 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 NAND demand and pricing momentum are lifting Sandisk’s outlook — industry reports and analyst commentary point to tightening NAND supply and sharp near-term price gains, which support higher margins and cash generation for pure-play NAND suppliers like SNDK. Sandisk Surges on AI Storage Demand: Is the Rally Already Priced In?
• Positive Sentiment: Product roadmap and data center wins — Gen5 TLC and BiCS8 TLC/QLC pipeline progress (including a second hyperscaler nod for Gen5) reinforce expectations for a higher-margin data center SSD mix over coming quarters. These technology wins support revenue leverage if adoption continues. Gen5 TLC, BiCS8 Pipeline Power Sandisk’s Data Center Growth Ambitions
• Positive Sentiment: Strategic partnership activity — SanDisk joining SK Hynix collaboration to develop high?bandwidth flash for AI signals deeper industry alignment on AI-optimized NAND, which can expand addressable market for SanDisk’s AI/data-center solutions. Sandisk Joins SK Hynix To Shape High Bandwidth Flash For AI
• Neutral Sentiment: New leveraged ETF listings include SNDK — 2x leveraged ETFs that reference SanDisk can increase trading volume and intraday volatility (both amplifying rallies and pullbacks) but don’t change fundamentals. Nvidia isn’t alone: SanDisk, Pan American Silver now have 2X leveraged ETFs
• Neutral Sentiment: Management presentation/transcript — Recent Cantor conference remarks provide more color on execution and guidance; useful for conviction but not an immediate catalyst unless guidance changes materially. SanDisk Presents at 2026 Cantor Conference Transcript
• Negative Sentiment: Valuation and “rally already priced in” debate — some analysts warn the stock’s rapid run-up and high multiples raise timing risk; investors may be booking gains or waiting for confirmation that pricing/margins will sustain. Sandisk Surges on AI Storage Demand: Is the Rally Already Priced In?
• Negative Sentiment: Large institutional/insider selling and secondary share dynamics — recent filings and reporting show notable institutional reductions and insider sales; combined with a priced secondary by Western Digital (SanDisk not selling), this can create perceived supply overhang and weigh on the stock near-term. SanDisk gains as investors stay bullish on AI-driven NAND pricing momentum

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.