GF Fund Management CO. LTD. Takes $45.21 Million Position in Sandisk Corporation $SNDK

GF Fund Management CO. LTD. purchased a new position in shares of Sandisk Corporation (NASDAQ:SNDK) during the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 402,905 shares of the data storage provider’s stock, valued at approximately $45,206,000. Sandisk comprises approximately 0.8% of GF Fund Management CO. LTD.’s holdings, making the stock its 23rd largest position.

Other hedge funds have also recently bought and sold shares of the company. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Sandisk during the 3rd quarter worth approximately $1,136,000. New York State Teachers Retirement System acquired a new stake in Sandisk during the 3rd quarter valued at $13,546,000. Sage Rhino Capital LLC purchased a new position in Sandisk during the third quarter worth $587,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Sandisk in the third quarter worth $7,046,000. Finally, HB Wealth Management LLC purchased a new stake in shares of Sandisk in the third quarter valued at $348,000.

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

Analyst Ratings Changes

A number of research firms recently commented on SNDK. The Goldman Sachs Group lifted their price objective on Sandisk from $320.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Jefferies Financial Group lifted their price target on shares of Sandisk from $600.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Fox Advisors raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 7th. UBS Group set a $1,000.00 target price on shares of Sandisk in a research report on Monday, February 2nd. Finally, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $650.00 price target on shares of Sandisk in a report on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $542.85.

Sandisk Price Performance

Shares of NASDAQ SNDK opened at $626.56 on Friday. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.11 and a quick ratio of 1.92. Sandisk Corporation has a 1-year low of $27.89 and a 1-year high of $725.00. The company has a market capitalization of $92.46 billion and a price-to-earnings ratio of -82.55. The business has a 50-day moving average of $387.83 and a 200-day moving average of $219.32.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating analysts’ consensus estimates 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 business had revenue of $3.03 billion during the quarter, compared to analyst estimates of $2.67 billion. Sandisk’s revenue was up 61.2% on a year-over-year basis.

Insider Buying and Selling

In related news, Director Necip Sayiner sold 1,271 shares of the stock in a transaction dated Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total transaction of $248,022.94. Following the sale, the director owned 3,479 shares in the company, valued at $678,892.06. This represents a 26.76% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.21% of the stock is currently owned by corporate insiders.

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.