434 Shares in Sandisk Corporation $SNDK Bought by Resonant Capital Advisors LLC

Resonant Capital Advisors LLC purchased a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 434 shares of the data storage provider’s stock, valued at approximately $276,000.

Several other institutional investors have also added to or reduced their stakes in the company. Whittier Trust Co. bought a new position in shares of Sandisk during the fourth quarter valued at about $26,000. Greenline Wealth Management LLC bought a new stake in shares of Sandisk in the fourth quarter worth about $26,000. Chung Wu Investment Group LLC purchased a new position in Sandisk during the 4th quarter valued at about $27,000. Westfuller Advisors LLC increased its holdings in Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after purchasing an additional 43 shares during the period. Finally, Parallel Advisors LLC bought a new position in Sandisk during the 3rd quarter valued at approximately $30,000.

Insider Transactions at Sandisk

In other Sandisk news, insider Bernard Shek sold 600 shares of the firm’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $2,088.00, for a total transaction of $1,252,800.00. Following the completion of the transaction, the insider owned 31,515 shares of the company’s stock, valued at approximately $65,803,320. This trade represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CAO Michael Pokorny sold 2,446 shares of the business’s stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total transaction of $3,488,436.28. Following the sale, the chief accounting officer owned 22,375 shares in the company, valued at approximately $31,910,777.50. This trade represents a 9.85% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 6,225 shares of company stock valued at $10,166,297 in the last three months. Company insiders own 0.21% of the company’s stock.

Sandisk Price Performance

Shares of SNDK opened at $1,858.27 on Friday. The company has a 50-day simple moving average of $1,709.27 and a two-hundred day simple moving average of $990.08. The firm has a market capitalization of $275.19 billion, a PE ratio of 64.59 and a beta of 4.74. Sandisk Corporation has a one year low of $40.10 and a one year high of $2,354.39.

Sandisk (NASDAQ:SNDK) last posted its earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, topping analysts’ consensus estimates of $14.17 by $9.24. The firm had revenue of $5.95 billion for the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.The firm’s revenue was up 251.0% on a year-over-year basis. During the same quarter last year, the company posted ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Analysts expect that Sandisk Corporation will post 64.01 EPS for the current fiscal year.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: SanDisk shares rallied after reports that Meta signed a multi-year NAND flash supply agreement, adding credibility to the company’s AI infrastructure growth story and signaling stronger demand for its storage products. SanDisk (SNDK) Shares Spike 10% on Multi-Year Meta Storage Partnership
• Positive Sentiment: Wedbush raised its price target on Sandisk to $2,000 from $1,200 ahead of fiscal Q4 results, reflecting expectations for strong earnings and sales driven by tight NAND supply and improving demand. SanDisk set for earnings upside as Wedbush lifts price target
• Positive Sentiment: Memory and storage stocks, including Sandisk, rebounded sharply after earlier weakness tied to Samsung-led sector selling, suggesting investors are buying the dip in the group. Micron, SanDisk recover after Samsung-led selloff; fresh catalysts add to sentiment
• Neutral Sentiment: Sandisk announced it will report fiscal Q4 and full-year 2026 results on August 5 and hold an Investor Day on August 13, which keeps attention on upcoming execution and guidance but does not change fundamentals by itself. Sandisk to Report Fiscal Fourth Quarter and Fiscal Year 2026 Results on August 5, 2026; Announces Investor Day on August 13, 2026
• Negative Sentiment: Some articles warned that the memory sector remains volatile and that Chinese domestic memory makers could pressure established vendors like Sandisk over time, which may limit upside if the rally fades. SanDisk and Micron Risk Profit Squeeze from Chinese Memory Threat

Analyst Upgrades and Downgrades

Several research firms have weighed in on SNDK. Arete Research upgraded Sandisk from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. Weiss Ratings upgraded Sandisk from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday. The Goldman Sachs Group reaffirmed a “buy” rating and issued a $1,200.00 price target on shares of Sandisk in a research note on Friday, May 1st. Melius Research set a $2,350.00 price target on shares of Sandisk in a report on Monday, May 18th. Finally, Mizuho boosted their price objective on shares of Sandisk from $1,825.00 to $2,200.00 and gave the company an “outperform” rating in a research report on Monday, June 8th. Two research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and four have issued a Hold rating to the company’s stock. According to MarketBeat, Sandisk has an average rating of “Moderate Buy” and a consensus price target of $1,684.24.

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.