Weatherly Asset Management L. P. Buys Shares of 1,271 Sandisk Corporation $SNDK

Weatherly Asset Management L. P. purchased a new position in Sandisk Corporation (NASDAQ:SNDK) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 1,271 shares of the data storage provider’s stock, valued at approximately $302,000.

Other hedge funds have also recently bought and sold shares of the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sandisk during the third quarter worth $27,000. CVA Family Office LLC purchased a new position in shares of Sandisk in the third quarter valued at $28,000. Parallel Advisors LLC acquired a new position in shares of Sandisk during the 3rd quarter worth $30,000. Northwestern Mutual Wealth Management Co. purchased a new stake in shares of Sandisk in the 3rd quarter worth about $32,000. Finally, Covestor Ltd purchased a new stake in shares of Sandisk in the 3rd quarter worth about $37,000.

Insider Activity at Sandisk

In other news, Director Miyuki Suzuki sold 3,500 shares of Sandisk stock in a transaction on Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total value of $2,196,355.00. Following the completion of the sale, the director owned 9,907 shares of the company’s stock, valued at $6,216,939.71. The trade was a 26.11% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by corporate insiders.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Recent fundamental analysis highlights Sandisk’s strong position in NAND, improving margins and a visible growth path as AI storage demand tightens supply and supports share gains. Sandisk: Strong Fundamentals With Visible Growth Path
• Positive Sentiment: Zacks notes SNDK has jumped ~168% YTD and outperformed storage peers, reflecting strong relative momentum that’s attracting investor flows. SNDK Jumps 168% Year to Date
• Positive Sentiment: Zacks also flags upward revisions to earnings estimates, a technical/forward catalyst that often drives short-term buying. Will Sandisk Gain on Rising Earnings Estimates?
• Positive Sentiment: Several bullish pieces argue Sandisk’s upside is tied to the AI memory boom (some even outlining a path to $1,000 per share), reinforcing investor optimism about long-term demand. Sandisk’s Path to $1,000 Per Share Runs Through the AI Memory Boom
• Positive Sentiment: Market commentary notes the memory sector recovering from the recent TurboQuant-driven pullback, helping SNDK bounce as investors buy the dip. Why Are SanDisk Shares Surging Wednesday?
• Neutral Sentiment: Sandisk confirmed its fiscal Q3 earnings date (April 30), a near-term event that could drive additional volatility depending on guidance. Sandisk to Report Fiscal Third-Quarter Results on April 30, 2026
• Neutral Sentiment: Several market write-ups ask whether it’s “too late” to buy after the run-up — useful context for timing but not new fundamental news. Is It Too Late To Consider Sandisk (SNDK)…
• Negative Sentiment: Concerns remain about Google’s TurboQuant-type memory compression and broader memory-stock volatility; investors should watch guidance and adoption risk. Memory Stocks Were One of 2025’s Hottest Trades…
• Negative Sentiment: Some analysts warn to be cautious near all-time highs — elevated valuation metrics mean upside depends on continued strong execution and AI demand. Sandisk: Structural Industry Improvements, But Be Cautious Near All-Time Highs (Upgrade)

Sandisk Price Performance

Sandisk stock opened at $692.73 on Thursday. The stock has a market capitalization of $102.25 billion, a P/E ratio of -91.27 and a beta of 5.01. Sandisk Corporation has a 12-month low of $27.89 and a 12-month high of $777.60. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.11 and a quick ratio of 1.92. The firm’s 50-day moving average is $617.34 and its two-hundred day moving average is $355.86.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data 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. The business’s quarterly revenue was up 61.2% on a year-over-year basis.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SNDK shares. Cantor Fitzgerald lifted their target price on shares of Sandisk from $550.00 to $800.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. KGI Securities started coverage on shares of Sandisk in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $992.00 price target on the stock. Susquehanna raised their price objective on shares of Sandisk from $250.00 to $300.00 and gave the stock a “positive” rating in a research note on Monday, December 8th. Raymond James Financial upgraded Sandisk from a “market perform” rating to an “outperform” rating and set a $725.00 price objective for the company in a research report on Friday, January 30th. Finally, Wells Fargo & Company upped their target price on Sandisk from $230.00 to $380.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $594.48.

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.