731 Shares in Sandisk Corporation $SNDK Acquired by PFG Investments LLC

PFG Investments LLC bought a new stake in Sandisk Corporation (NASDAQ:SNDK) in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 731 shares of the data storage provider’s stock, valued at approximately $464,000.

A number of other large investors also recently bought and sold shares of SNDK. Roble Belko & Company Inc acquired a new position in shares of Sandisk in the 1st quarter valued at $39,000. First United Bank & Trust purchased a new position in shares of Sandisk in the 1st quarter worth $54,000. Greenline Wealth Management LLC acquired a new position in Sandisk in the fourth quarter valued at $26,000. Whittier Trust Co. acquired a new position in Sandisk in the fourth quarter valued at $26,000. Finally, Chung Wu Investment Group LLC purchased a new stake in Sandisk during the fourth quarter valued at about $27,000.

Insider Buying and Selling

In related news, CAO Michael Pokorny sold 2,446 shares of the company’s stock in a transaction on 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 transaction, the chief accounting officer directly owned 22,375 shares in the company, valued at $31,910,777.50. This represents a 9.85% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, Director Necip Sayiner sold 579 shares of the 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 directly owned 2,900 shares in the company, valued at $4,359,019. This represents a 16.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 6,225 shares of company stock worth $10,166,297. 0.21% of the stock is owned by company insiders.

Sandisk Trading Down 7.3%

Shares of NASDAQ:SNDK opened at $1,617.70 on Wednesday. The company has a fifty day simple moving average of $1,679.01 and a 200 day simple moving average of $968.04. The firm has a market cap of $239.57 billion, a PE ratio of 56.23 and a beta of 4.74. Sandisk Corporation has a 12-month low of $40.10 and a 12-month high of $2,354.39.

Sandisk (NASDAQ:SNDK) last issued its earnings results 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 company 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%.The business’s revenue was up 251.0% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, equities research analysts forecast that Sandisk Corporation will post 64.01 EPS for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have commented on SNDK. Raymond James Financial restated an “outperform” rating and set a $1,470.00 price target on shares of Sandisk in a research note on Friday, May 1st. UBS Group set a $1,700.00 target price on Sandisk in a report on Monday, May 4th. Citigroup raised their price target on shares of Sandisk from $2,025.00 to $2,500.00 and gave the company a “buy” rating in a report on Thursday, June 25th. Arete Research raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Finally, Cantor Fitzgerald boosted their price objective on shares of Sandisk from $1,800.00 to $2,900.00 and gave the stock an “overweight” rating in a research note on Monday, June 8th. Two analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat, Sandisk presently has a consensus rating of “Moderate Buy” and an average price target of $1,684.24.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Several articles still frame SanDisk as a high-momentum name, supported by surging AI-driven demand for NAND flash, strong recent earnings, and analyst optimism that the company can keep gaining in the second half of 2026.
• Positive Sentiment: Analysts remain bullish overall, with reports highlighting higher price targets and expectations for another very strong quarter, suggesting the long-term growth story is still intact. SanDisk Stock (SNDK) Rises as Goldman Lifts Price Target by Over 83%; Expects a ‘Very Strong Quarter’
• Positive Sentiment: Recent commentary notes that SanDisk has benefited from a structural memory shortage and improving margins, with some pieces arguing the pullback could be a reset rather than the end of the rally. Flash Crash or Cash? The AI Hardware Reset Investors Can’t Ignore (SNDK)
• Neutral Sentiment: Articles also highlighted how sharply the stock had already run this year, which may be prompting some investors to lock in gains after a massive multi-month move. Sandisk Stock Is Up Nearly 635% in 2026. Can It Still Go Higher?
• Negative Sentiment: The biggest near-term pressure is a memory-sector rout sparked by Samsung’s strong results, which some traders interpreted as a sign that supply is improving and pricing power could moderate. SanDisk stock drops as Samsung-led chip selloff hits memory sector
• Negative Sentiment: Several pieces warn that SanDisk’s huge recent gains may be vulnerable to a deeper correction if investors continue rotating out of high-flying memory names after the recent run-up.

About Sandisk

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.