Czech National Bank Raises Position in Sandisk Corporation $SNDK

Czech National Bank increased its stake in Sandisk Corporation (NASDAQ:SNDK) by 4.9% during the second quarter, HoldingsChannel reports. The firm owned 42,152 shares of the data storage provider’s stock after acquiring an additional 1,954 shares during the period. Czech National Bank’s holdings in Sandisk were worth $95,842,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also bought and sold shares of the company. Dogwood Wealth Management LLC grew its holdings in Sandisk by 14.3% during the second quarter. Dogwood Wealth Management LLC now owns 48 shares of the data storage provider’s stock valued at $109,000 after purchasing an additional 6 shares during the period. GHP Investment Advisors Inc. increased its position in Sandisk by 12.0% in the first quarter. GHP Investment Advisors Inc. now owns 121 shares of the data storage provider’s stock worth $77,000 after buying an additional 13 shares during the last quarter. Versant Capital Management Inc raised its stake in shares of Sandisk by 2.5% in the second quarter. Versant Capital Management Inc now owns 527 shares of the data storage provider’s stock valued at $1,198,000 after buying an additional 13 shares during the period. KERR FINANCIAL PLANNING Corp bought a new stake in shares of Sandisk in the second quarter valued at $34,000. Finally, Blair William & Co. IL raised its stake in shares of Sandisk by 0.3% in the fourth quarter. Blair William & Co. IL now owns 5,287 shares of the data storage provider’s stock valued at $1,255,000 after buying an additional 17 shares during the period.

Insider Buying and Selling at Sandisk

In other news, EVP Alper Ilkbahar sold 2,000 shares of the company’s stock in a transaction dated Monday, June 1st. The stock was sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the sale, the executive vice president directly owned 52,677 shares in the company, valued at $92,531,364.66. This represents a 3.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CAO Michael Pokorny sold 2,446 shares of the company’s stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total value 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 represents a 9.85% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 6,246 shares of company stock valued at $9,993,292 in the last quarter. 0.21% of the stock is currently owned by corporate insiders.

Sandisk Price Performance

Sandisk stock opened at $1,258.58 on Friday. The firm has a market capitalization of $186.38 billion, a P/E ratio of 17.26 and a beta of 5.20. Sandisk Corporation has a one year low of $40.53 and a one year high of $2,354.39. The business has a fifty day moving average price of $1,709.64 and a 200-day moving average price of $1,147.93.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings data on Wednesday, August 5th. The data storage provider reported $39.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $33.28 by $5.97. The company had revenue of $8.96 billion for the quarter. Sandisk had a return on equity of 96.94% and a net margin of 56.47%.The business’s revenue for the quarter was up 371.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.29 earnings per share. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. Sell-side analysts expect that Sandisk Corporation will post 185.89 earnings per share for the current fiscal year.

Sandisk announced that its board has initiated a stock buyback program on Wednesday, August 5th that permits the company to repurchase $14.00 billion in outstanding shares. This repurchase authorization permits the data storage provider to repurchase up to 6.6% of its stock through open market purchases. Stock repurchase programs are generally a sign that the company’s board of directors believes its stock is undervalued.

Wall Street Analyst Weigh In

SNDK has been the subject of several research reports. Weiss Ratings downgraded Sandisk from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Tuesday, July 21st. Evercore set a $2,800.00 price objective on Sandisk in a report on Thursday. The Goldman Sachs Group restated a “buy” rating and issued a $1,200.00 price objective on shares of Sandisk in a research note on Friday, May 1st. Bank of America upped their price objective on shares of Sandisk from $2,100.00 to $2,500.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Finally, Mizuho increased their target price on shares of Sandisk from $1,825.00 to $2,200.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,853.14.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Fiscal fourth-quarter results were exceptional. Sandisk reported adjusted EPS of $39.25, well above the roughly $33–$34 consensus, while revenue reached approximately $8.97 billion, up 371.6% year over year. Stronger pricing, higher volumes and data-center growth drove the results. SNDK Q4 Earnings Beat Estimates
• Positive Sentiment: AI data-center demand remains a major growth catalyst. Data-center revenue reportedly surged 437% during fiscal 2026. Analysts believe the shift toward AI inference, enterprise SSDs and higher-value storage could support sustained demand for Sandisk’s products. Sandisk and Western Digital Drag on Chip Stocks
• Positive Sentiment: Long-term contracts and capital returns strengthen the bullish case. Sandisk highlighted approximately $93.9 billion in contracted revenue, including $16.5 billion in AI-related guarantees, which could improve visibility and reduce exposure to NAND’s traditional boom-and-bust cycle. The company also authorized a $14 billion share repurchase program covering up to 6.6% of shares. SanDisk AI NAND Opportunity
• Neutral Sentiment: Analyst opinion is divided. Several firms continue to view SNDK as a Buy or Strong Buy, citing durable AI demand and valuation potential. However, Jefferies cut its price target to $1,750 from $3,000, while noting margin and NAND-pricing risks. Jefferies Cuts SanDisk Price Target
• Negative Sentiment: Forward revenue guidance fell short of elevated expectations. Sandisk projected fiscal first-quarter revenue of $10.3 billion to $10.8 billion, versus consensus near $10.8 billion and estimates as high as $11.16 billion. Investors interpreted the forecast as evidence that growth and pricing momentum may moderate.
• Negative Sentiment: Margin durability is the central concern. Although non-GAAP gross margin reached 84.6%, the company’s new business model may pressure margins initially. Investors also remain concerned about NAND oversupply, competition and whether recent price gains can continue. Sandisk Is Giving Up Some Margin for a Bigger Reward

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.