Thames Capital Management LLC Takes $5.37 Million Position in Sandisk Corporation $SNDK

Thames Capital Management LLC purchased a new stake in Sandisk Corporation (NASDAQ:SNDK) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 22,636 shares of the data storage provider’s stock, valued at approximately $5,373,000.

Several other hedge funds have also modified their holdings of SNDK. Whittier Trust Co. acquired a new stake in shares of Sandisk in the 4th quarter valued at approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in shares of Sandisk in the 3rd quarter valued at approximately $27,000. Chung Wu Investment Group LLC acquired a new stake in shares of Sandisk in the 4th quarter valued at approximately $27,000. Westfuller Advisors LLC lifted its holdings in shares of Sandisk by 51.8% in the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after buying an additional 43 shares during the period. Finally, Parallel Advisors LLC acquired a new stake in shares of Sandisk in the 3rd quarter valued at approximately $30,000.

Analyst Ratings Changes

SNDK has been the subject of several recent analyst reports. The Goldman Sachs Group reissued a “buy” rating and issued a $1,200.00 price target on shares of Sandisk in a report on Friday, May 1st. Jefferies Financial Group reissued a “buy” rating and issued a $1,400.00 price target on shares of Sandisk in a report on Friday, May 1st. Weiss Ratings raised Sandisk from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, May 20th. Barclays raised Sandisk from an “equal weight” rating to an “overweight” rating and raised their price target for the company from $1,200.00 to $2,300.00 in a report on Tuesday. Finally, Morgan Stanley reissued an “overweight” rating and issued a $1,100.00 price target on shares of Sandisk in a report on Monday, April 27th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of $1,368.73.

Sandisk Stock Performance

Sandisk stock opened at $1,694.98 on Friday. The stock has a fifty day moving average of $1,073.33 and a two-hundred day moving average of $644.72. The company has a market capitalization of $251.01 billion, a price-to-earnings ratio of 58.91 and a beta of 4.82. Sandisk Corporation has a fifty-two week low of $36.21 and a fifty-two week high of $1,708.83.

Sandisk (NASDAQ:SNDK) last announced its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 EPS for the quarter, beating analysts’ consensus estimates of $14.17 by $9.24. The business had revenue of $5.95 billion during the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.Sandisk’s revenue for the quarter was up 251.0% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, analysts forecast that Sandisk Corporation will post 63.58 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Necip Sayiner sold 579 shares of Sandisk stock in a transaction on Friday, May 8th. The stock was 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. The trade was 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 the SEC website. Also, CAO Michael Pokorny sold 2,446 shares of Sandisk stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total value 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. This represents a 9.85% decrease in their position. The disclosure for this sale is available in the SEC filing. 0.21% of the stock is owned by insiders.

Sandisk News Roundup

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

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.