Maple Rock Capital Partners Inc. Has $4.33 Million Stock Holdings in Sandisk Corporation $SNDK

Maple Rock Capital Partners Inc. decreased its stake in Sandisk Corporation (NASDAQ:SNDK) by 98.9% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,906 shares of the data storage provider’s stock after selling 164,594 shares during the quarter. Maple Rock Capital Partners Inc.’s holdings in Sandisk were worth $4,334,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of SNDK. Valley Wealth Managers Inc. acquired a new position in shares of Sandisk in the first quarter worth $25,000. Greenline Wealth Management LLC acquired a new stake in Sandisk during the fourth quarter valued at $26,000. IMG Wealth Management Inc. acquired a new stake in Sandisk during the first quarter valued at $29,000. Dunhill Financial LLC purchased a new position in Sandisk in the second quarter valued at about $30,000. Finally, Parallel Advisors LLC purchased a new position in Sandisk in the third quarter valued at about $30,000.

Insiders Place Their Bets

In related news, insider Bernard Shek sold 600 shares of the business’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $1,162.16, for a total value of $697,296.00. Following the completion of the sale, the insider directly owned 30,915 shares in the company, valued at approximately $35,928,176.40. The trade was a 1.90% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 1,800 shares of company stock valued at $2,991,696. 0.21% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the company. Citigroup dropped their target price on Sandisk from $2,500.00 to $2,100.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. New Street Research set a $3,000.00 price target on Sandisk in a research note on Thursday, August 6th. JPMorgan Chase & Co. began coverage on Sandisk in a report on Friday, August 14th. They issued an “overweight” rating and a $2,250.00 price objective on the stock. Bank of America raised their price objective on shares of Sandisk from $2,100.00 to $2,500.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Sandisk in a research note on Thursday, August 6th. Three research analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of $1,998.14.

Sandisk Price Performance

NASDAQ SNDK opened at $1,566.70 on Tuesday. Sandisk Corporation has a fifty-two week low of $50.07 and a fifty-two week high of $2,354.39. The stock’s 50-day moving average is $1,581.73 and its two-hundred day moving average is $1,262.28. The firm has a market cap of $229.40 billion, a P/E ratio of 21.49, a price-to-earnings-growth ratio of 0.15 and a beta of 5.21.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings results on Wednesday, August 5th. The data storage provider reported $39.25 earnings per share (EPS) for the quarter, topping the consensus estimate of $33.28 by $5.97. The company had revenue of $8.96 billion during the quarter. Sandisk had a return on equity of 87.84% and a net margin of 56.47%.The business’s revenue was up 371.6% compared to the same quarter last year. During the same quarter last year, the company posted $0.29 EPS. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. On average, equities analysts expect that Sandisk Corporation will post 208.92 EPS for the current year.

Sandisk declared that its board has approved a share buyback plan 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 reacquire up to 6.6% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s leadership believes its stock is undervalued.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Japan expansion supports long-term growth: Sandisk backed a planned $31 billion NAND flash-memory expansion in Japan through 2032. The investment is intended to increase production capacity and position the company to benefit from demand for data centers, AI infrastructure, and enterprise storage. The scale of the commitment is bullish if demand remains strong, although it also increases capital requirements and execution risk. Sandisk Backs $31 Billion Japan Flash Memory Expansion Through 2032
• Positive Sentiment: Analysts remain optimistic on memory stocks: Mizuho described Micron and Sandisk as highly attractive values, reinforcing the view that their rapid growth and exposure to AI memory demand are not fully reflected in current valuations. A separate investment analysis also identified Sandisk as the more compelling AI-memory opportunity relative to Micron. Mizuho Reiterates Bullish Stance on Memory Stocks
• Positive Sentiment: Fundamentals remain strong: Sandisk’s latest results showed revenue growth of 371.6% year over year and earnings well above consensus, while management provided strong forward guidance. These results support the bullish AI and storage-demand narrative.
• Neutral Sentiment: ETF flows show concentration risk: AI- and semiconductor-focused ETFs have attracted substantial 2026 inflows and benefited Sandisk indirectly, but recent outflows suggest investors may be reducing exposure to crowded memory trades. These 5 ETFs Have Raked in Cash This Year
• Negative Sentiment: Competition and cyclicality remain risks: Reports that China’s CXMT has made progress on a new AI memory chip could challenge established suppliers. Investors are also concerned that the $31 billion NAND buildout may add capacity just as the memory cycle eventually turns, potentially pressuring pricing and returns. China’s CXMT Reportedly Makes Major Breakthrough With New AI Memory Chip

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.