Regal Partners Ltd Makes New $480,000 Investment in Sandisk Corporation $SNDK

Regal Partners Ltd acquired a new stake in Sandisk Corporation (NASDAQ:SNDK) during the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 755 shares of the data storage provider’s stock, valued at approximately $480,000.

Several other large investors also recently modified their holdings of SNDK. Empowered Funds LLC boosted its holdings in shares of Sandisk by 292.7% during the 1st quarter. Empowered Funds LLC now owns 32,842 shares of the data storage provider’s stock worth $20,866,000 after buying an additional 24,479 shares during the period. IMG Wealth Management Inc. acquired a new position in Sandisk in the 1st quarter valued at about $29,000. Quantinno Capital Management LP raised its holdings in Sandisk by 38.3% in the 1st quarter. Quantinno Capital Management LP now owns 66,953 shares of the data storage provider’s stock valued at $42,538,000 after acquiring an additional 18,553 shares during the period. Southpoint Capital Advisors LP bought a new position in Sandisk in the 1st quarter valued at about $38,120,000. Finally, SummitTX Capital L.P. acquired a new stake in Sandisk during the first quarter worth approximately $8,102,000.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Susquehanna reduced their price objective on Sandisk from $3,250.00 to $3,050.00 and set a “positive” rating for the company in a report on Thursday, July 23rd. Weiss Ratings lowered Sandisk from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Melius Research set a $2,350.00 price target on Sandisk in a report on Monday, May 18th. The Goldman Sachs Group restated a “buy” rating and issued a $1,200.00 price target on shares of Sandisk in a research note on Friday, May 1st. Finally, Wells Fargo & Company boosted their price target on Sandisk from $1,250.00 to $1,620.00 and gave the company an “equal weight” rating in a research note on Wednesday, July 22nd. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, Sandisk presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,811.38.

Sandisk Trading Down 14.2%

SNDK opened at $1,096.10 on Wednesday. The company’s 50 day moving average is $1,747.20 and its 200-day moving average is $1,104.73. The company has a market cap of $162.32 billion, a P/E ratio of 38.10 and a beta of 4.74. Sandisk Corporation has a 1-year low of $40.10 and a 1-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 EPS for the quarter, beating the consensus estimate of $14.17 by $9.24. The firm 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% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, equities analysts forecast that Sandisk Corporation will post 64.52 EPS for the current year.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI infrastructure demand continues to support Sandisk’s memory and data-storage growth. One analysis identifies Sandisk as an AI beneficiary that has outperformed NVIDIA, while its latest reported quarter showed revenue growth of 251% year over year and earnings well above consensus. 2 AI Stocks That Beat NVIDIA – and Could Soar Even Higher
• Neutral Sentiment: Investors are looking ahead to Sandisk’s next earnings report, with the company’s strong results and AI-related demand offering potential support, but the stock’s outlook remains highly dependent on continued growth in memory pricing and demand.
• Negative Sentiment: Chip stocks extended their pullback as concerns about an AI bubble, rising infrastructure costs and stretched expectations weighed on the Nasdaq and the broader AI trade. Chip Stocks Extend Pullback Amid AI Bubble Fears
• Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) made a strong market debut, while reports of progress on domestically developed Chinese lithography equipment heightened fears that Chinese companies could close the technology gap in NAND and other memory products. Why are Micron, Sandisk, and SK Hynix stocks falling today?
• Negative Sentiment: Technical selling has accelerated after Sandisk’s extraordinary rally from its 2025 spinoff, leaving the shares more than 50% below their June peak and below key moving averages. Analysts and commentators warn that the retreat may reflect both profit-taking and a reset of overly optimistic expectations.

Insider Buying and Selling

In other Sandisk news, insider Bernard Shek sold 600 shares of the stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $2,088.00, for a total transaction of $1,252,800.00. Following the completion of the sale, the insider owned 31,515 shares of the company’s stock, valued at approximately $65,803,320. This represents a 1.87% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Necip Sayiner sold 579 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the transaction, the director owned 2,900 shares of the company’s stock, valued at approximately $4,359,019. The trade was a 16.64% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 6,225 shares of company stock valued at $10,166,297. Company insiders own 0.21% of the company’s stock.

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.