Triglav Investments D.O.O. Invests $902,000 in Sandisk Corporation $SNDK

Triglav Investments D.O.O. bought a new position in Sandisk Corporation (NASDAQ:SNDK) during the 4th quarter, Holdings Channel.com reports. The fund bought 3,800 shares of the data storage provider’s stock, valued at approximately $902,000.

Several other hedge funds have also recently modified their holdings of SNDK. Whittier Trust Co. purchased a new position in shares of Sandisk in the fourth quarter worth $26,000. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Sandisk in the third quarter worth $27,000. Chung Wu Investment Group LLC purchased a new position in shares of Sandisk in the fourth quarter worth $27,000. Westfuller Advisors LLC lifted its holdings in shares of Sandisk by 51.8% in the fourth quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after buying an additional 43 shares in the last quarter. Finally, Parallel Advisors LLC purchased a new position in shares of Sandisk in the third quarter worth $30,000.

Insider Activity

In other Sandisk news, Director Necip Sayiner sold 579 shares of the firm’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $1,503.11, for a total value of $870,300.69. Following the completion of the sale, the director owned 2,900 shares of the company’s stock, valued at $4,359,019. This trade represents a 16.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CAO Michael Pokorny sold 2,446 shares of the firm’s stock in a transaction dated 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 completion of the sale, the chief accounting officer directly owned 22,375 shares of the company’s stock, valued at approximately $31,910,777.50. The trade was a 9.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is owned by company insiders.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Susquehanna raised its price target on Sandisk to $3,250 from $2,000 and reiterated a positive view, reinforcing the bullish case that the stock still has substantial upside. Article Title
• Positive Sentiment: Mizuho also lifted its target on SNDK and kept an outperform rating, adding to the broader analyst momentum behind the shares. Article Title
• Positive Sentiment: Investors are betting that Sandisk’s QLC Stargate product could become a new revenue growth driver, with shipments targeted for Q4 FY26 to meet AI data-center storage demand beyond traditional SSD products. Article Title
• Positive Sentiment: Market commentary continues to frame Sandisk as a prime beneficiary of the AI infrastructure boom, especially because agentic AI and other workloads require far more memory capacity, tightening supply and supporting pricing power. Article Title

Analyst Upgrades and Downgrades

Several research firms have recently commented on SNDK. Wall Street Zen raised shares of Sandisk from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Mizuho boosted their target price on shares of Sandisk from $1,625.00 to $1,825.00 and gave the stock an “outperform” rating in a report on Thursday. Sanford C. Bernstein upped their price target on shares of Sandisk from $1,250.00 to $1,700.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. Bank of America upped their price target on shares of Sandisk from $900.00 to $1,080.00 and gave the company a “buy” rating in a research note on Friday, April 17th. Finally, Melius Research set a $2,350.00 price target on shares of Sandisk in a research note on Monday, May 18th. Three equities research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Buy” and a consensus target price of $1,368.73.

Sandisk Trading Up 3.2%

SNDK stock opened at $1,694.98 on Friday. The stock has a market cap of $251.01 billion, a PE ratio of 58.91 and a beta of 4.82. Sandisk Corporation has a 12 month low of $36.21 and a 12 month high of $1,708.83. The company has a 50-day moving average price of $1,073.33 and a 200 day moving average price of $644.72.

Sandisk (NASDAQ:SNDK) last announced its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.17 by $9.24. The business had revenue of $5.95 billion during the quarter. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The firm’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) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Sell-side analysts forecast that Sandisk Corporation will post 63.58 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.