590 Shares in Sandisk Corporation $SNDK Purchased by MW Advisory LLC

MW Advisory LLC bought a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm bought 590 shares of the data storage provider’s stock, valued at approximately $1,342,000.

Several other institutional investors also recently bought and sold shares of the company. Osaic Holdings Inc. purchased a new stake in Sandisk during the second quarter worth about $317,000. Merit Financial Group LLC acquired a new position in shares of Sandisk in the third quarter valued at approximately $408,000. Dimensional Fund Advisors LP purchased a new stake in Sandisk during the 3rd quarter worth approximately $100,080,000. First Trust Advisors LP purchased a new stake in Sandisk during the 3rd quarter worth approximately $9,788,000. Finally, Blair William & Co. IL acquired a new stake in Sandisk during the 3rd quarter worth approximately $591,000.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SNDK shares. Mizuho decreased their price target on shares of Sandisk from $1,900.00 to $1,875.00 and set an “outperform” rating for the company in a research report on Tuesday, August 25th. Morgan Stanley upped their price objective on Sandisk from $1,100.00 to $1,750.00 and gave the stock an “overweight” rating in a research report on Wednesday, June 3rd. UBS Group reiterated an “overweight” rating and issued a $1,750.00 target price on shares of Sandisk in a report on Friday, August 14th. Jefferies Financial Group reissued a “buy” rating on shares of Sandisk in a research note on Thursday, August 6th. Finally, Argus raised Sandisk from a “hold” rating to a “buy” rating in a research note on Monday, August 10th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Buy” and an average target price of $1,998.14.

Sandisk Price Performance

Sandisk stock opened at $1,740.00 on Friday. The stock has a market cap of $254.77 billion, a PE ratio of 23.87, a P/E/G ratio of 0.15 and a beta of 5.17. The stock’s fifty day moving average is $1,543.33 and its two-hundred day moving average is $1,285.12. Sandisk Corporation has a 1-year low of $63.74 and a 1-year high of $2,354.39.

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, topping the consensus estimate of $33.28 by $5.97. Sandisk had a return on equity of 87.84% and a net margin of 56.47%.The business had revenue of $8.96 billion during the quarter. During the same period in the prior year, the company posted $0.29 earnings per share. The company’s revenue was up 371.6% compared to the same quarter last year. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. On average, research analysts expect that Sandisk Corporation will post 208.92 earnings per share for the current fiscal year.

Sandisk announced that its Board of Directors has authorized a stock repurchase program on Wednesday, August 5th that authorizes the company to buyback $14.00 billion in shares. This buyback authorization authorizes the data storage provider to buy up to 6.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s management believes its shares are undervalued.

Insiders Place Their Bets

In related news, insider Bernard Shek sold 600 shares of the business’s stock in a transaction that occurred on Tuesday, September 1st. The stock was sold at an average price of $1,525.60, for a total transaction of $915,360.00. Following the completion of the sale, the insider owned 29,884 shares in the company, valued at $45,591,030.40. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 1,800 shares of company stock worth $2,865,456 in the last three months. 0.21% of the stock is owned by insiders.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI-driven memory demand is the main catalyst. Nvidia’s reported $12.9 billion acquisition of Hugging Face reinforced expectations that expanding AI data centers will require significantly more NAND storage. SanDisk rose alongside Micron and other AI-related semiconductor stocks. SanDisk Shares Surge Following Nvidia’s Hugging Face Deal
• Positive Sentiment: Analysts see substantial upside. Lynx Research set a $2,450 target for SNDK, while other bullish research points to accelerating NAND pricing, supply-and-demand advantages and strong AI-related growth. Zacks also maintained a Rank #1, or Strong Buy, view. Lynx Research Memory Stock Price Targets
• Positive Sentiment: SanDisk’s latest results provide fundamental support: earnings exceeded estimates, revenue rose 371.6% year over year, and management guided to $44–$46 in fiscal first-quarter 2027 EPS. The company’s $14 billion share-repurchase authorization may further support the stock.
• Neutral Sentiment: The broader semiconductor group is strong, but macro conditions remain mixed. A hot employment report pushed Treasury yields and rate-hike expectations higher, creating volatility for high-growth technology stocks. SanDisk will present at Citi’s and Goldman Sachs’ technology conferences on September 8–9, potentially providing additional guidance. SanDisk Investor Conference Participation
• Negative Sentiment: Investors continue to face risks from the memory industry’s cyclicality, elevated valuation and rising Chinese competition. Progress by China’s CXMT and other domestic producers could pressure SanDisk’s pricing and market share. A company insider also sold $915,360 of shares under a pre-arranged Rule 10b5-1 plan, although the sale was relatively small compared with the remaining holding. China Memory Market Share Concerns

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.