LSV Asset Management Makes New Investment in Sandisk Corporation $SNDK

LSV Asset Management purchased a new stake in Sandisk Corporation (NASDAQ:SNDK) in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 328,615 shares of the data storage provider’s stock, valued at approximately $36,871,000. LSV Asset Management owned about 0.22% of Sandisk at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. CVA Family Office LLC acquired a new position in shares of Sandisk in the 3rd quarter valued at about $28,000. Covestor Ltd acquired a new stake in shares of Sandisk during the 3rd quarter valued at $37,000. Cromwell Holdings LLC purchased a new position in shares of Sandisk during the 3rd quarter valued at $39,000. True Wealth Design LLC acquired a new position in shares of Sandisk in the third quarter worth $40,000. Finally, Mirae Asset Global Investments Co. Ltd. purchased a new stake in shares of Sandisk during the third quarter worth $41,000.

Sandisk Stock Down 0.6%

Shares of SNDK stock opened at $626.56 on Friday. Sandisk Corporation has a 52-week low of $27.89 and a 52-week high of $725.00. The stock has a market cap of $92.46 billion and a price-to-earnings ratio of -82.55. The firm’s 50-day moving average is $387.83 and its 200-day moving average is $218.09. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.92 and a current ratio of 3.11.

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

Insider Transactions at Sandisk

In other news, Director Necip Sayiner sold 1,271 shares of the business’s stock in a transaction that occurred on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total value of $248,022.94. Following the completion of the transaction, the director directly owned 3,479 shares in the company, valued at approximately $678,892.06. The trade was a 26.76% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

SNDK has been the subject of a number of recent research reports. Mizuho set a $600.00 price target on Sandisk in a research note on Tuesday, January 27th. Susquehanna raised their price objective on shares of Sandisk from $250.00 to $300.00 and gave the company a “positive” rating in a research report on Monday, December 8th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. Jefferies Financial Group increased their price target on shares of Sandisk from $600.00 to $700.00 and gave the stock a “buy” rating in a research note on Friday, January 30th. Finally, UBS Group set a $1,000.00 price objective on shares of Sandisk in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Sandisk currently has a consensus rating of “Moderate Buy” and a consensus target price of $542.85.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Kioxia-led shortage signals and sector momentum are driving buying across memory names; analysts and news outlets point to early multi-year bookings and continued tight NAND supply as a structural tailwind for SanDisk. SanDisk (SNDK) Stock Rallies 5% as Memory Shortage Gets Worse – Time to Buy?
• Positive Sentiment: Sector-wide strength (Micron, WDC, STX) lifted SanDisk as investors rotated into memory plays after suppliers signaled constrained supply and earlier-than-usual bookings for 2027–28. Why Are Memory Chip Stocks Up Today? SanDisk (SNDK) Leads
• Positive Sentiment: Multiple bullish write-ups explain that SanDisk’s scale, JV relationships and focus on high-end data‑center flash give it pricing power and outsized earnings leverage in the current AI-driven cycle. Why SanDisk Stock Skyrocketed: 5 Key Questions Answered
• Neutral Sentiment: Coverage pieces summarizing the rally, ownership and street price-target activity provide context for momentum but don’t add new company-specific catalysts; useful for positioning and risk checks. With SanDisk Stock (SNDK) Up 165%, Let’s Look at Who Owns it
• Neutral Sentiment: Broad-market recognition pieces (e.g., roundup of strong S&P performers) keep the stock on screens but are not direct operational news for SanDisk. These 3 Zacks ‘Strong Buy’ Stocks Reflect the Hottest S&P 500 Stocks of 2026
• Negative Sentiment: Cautionary analysis warns the memory “party” could end if manufacturers ramp supply, AI spending normalizes, or competition/valuation concerns surface — all risks that could reverse recent profits quickly. Sandisk: The Storage Party May Be Coming To An End

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.