GF Fund Management CO. LTD. Buys 69,958 Shares of Sandisk Corporation $SNDK

GF Fund Management CO. LTD. increased its holdings in shares of Sandisk Corporation (NASDAQ:SNDK) by 17.4% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 472,863 shares of the data storage provider’s stock after buying an additional 69,958 shares during the quarter. Sandisk accounts for about 1.9% of GF Fund Management CO. LTD.’s holdings, making the stock its 12th biggest holding. GF Fund Management CO. LTD.’s holdings in Sandisk were worth $112,248,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Whittier Trust Co. bought a new stake in shares of Sandisk during the 4th quarter worth $26,000. Westfuller Advisors LLC lifted its position in shares of Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after buying an additional 43 shares during the last quarter. Assetmark Inc. lifted its position in shares of Sandisk by 71.6% during the 4th quarter. Assetmark Inc. now owns 175 shares of the data storage provider’s stock worth $42,000 after buying an additional 73 shares during the last quarter. Blue Trust Inc. lifted its position in shares of Sandisk by 411.4% during the 4th quarter. Blue Trust Inc. now owns 179 shares of the data storage provider’s stock worth $42,000 after buying an additional 144 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Sandisk during the 3rd quarter worth $27,000.

Analysts Set New Price Targets

Several analysts recently weighed in on SNDK shares. Weiss Ratings restated a “sell (d+)” rating on shares of Sandisk in a research report on Monday, December 29th. KGI Securities started coverage on Sandisk in a research report on Wednesday, March 18th. They set an “outperform” rating and a $992.00 price objective for the company. The Goldman Sachs Group upped their price objective on Sandisk from $320.00 to $700.00 and gave the stock a “buy” rating in a research report on Friday, January 30th. Sanford C. Bernstein set a $1,250.00 price objective on Sandisk and gave the stock an “outperform” rating in a research report on Thursday, April 9th. Finally, UBS Group set a $1,000.00 price objective on Sandisk in a research report on Monday, February 2nd. Three analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating, five have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Sandisk presently has a consensus rating of “Moderate Buy” and an average target price of $692.68.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Bank of America raised its price target to $1,080 and kept a “Buy” rating, giving another credible analyst boost to upside expectations. Benzinga: BofA raises PT
• Positive Sentiment: Evercore started coverage with an “Outperform” and a $1,200 target, highlighting institutional interest that could support further gains. Evercore initiation (TickerReport)
• Positive Sentiment: Multiple bullish research notes (Arete upgrade and other broker optimism) add to the analyst momentum driving demand. Arete upgrade
• Positive Sentiment: Market headlines point to a big retail/institutional surge after ceasefire-related rallies—one roundup shows SanDisk up sharply in a list of big winners. Macro geopolitics (oil/ceasefire) helped risk assets rally. Benzinga: stocks up after ceasefire claims
• Positive Sentiment: Sector research and feature pieces highlight SNDK as a momentum/AI-infrastructure play — analysts point to accelerating AI-driven NAND and enterprise‑SSD demand that underpin revenue and margin upside. Zacks: momentum pick Zacks: SNDK vs Marvell
• Positive Sentiment: Extreme bull cases (including high Evercore upside scenarios covered in media) are circulating and help sentiment—these are bullish but speculative. Yahoo Finance: big Evercore bull case
• Neutral Sentiment: Inclusion in the Nasdaq‑100 (effective Apr 20) is a clear technical catalyst that can increase index/ETF flows into SNDK; this may support near‑term buying but can also concentrate selling around rebalancing dates. MarketBeat: Nasdaq‑100 inclusion
• Neutral Sentiment: Commentary asking whether it’s “too late” after a 20x one‑year surge raises valuation and rotation questions; it signals increased scrutiny on fundamentals vs. momentum. Yahoo: valuation/rotation piece
• Negative Sentiment: Seeking Alpha pieces warn of near‑term volatility and a “sell‑the‑news” risk around the Nasdaq‑100 inclusion and upcoming earnings — they advise caution and suggest waiting for a technical pullback. Seeking Alpha: sell‑the‑news warning
• Negative Sentiment: Other commentary explicitly flags high short‑term volatility and the possibility of a meaningful pullback after the rapid run, underscoring the stock’s elevated beta and valuation risks. Seeking Alpha: volatility warning

Sandisk Price Performance

Shares of SNDK opened at $920.99 on Friday. The stock has a market cap of $135.94 billion, a PE ratio of -121.34 and a beta of 5.04. The business has a 50-day simple moving average of $682.54 and a two-hundred day simple moving average of $415.11. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. Sandisk Corporation has a 12-month low of $28.94 and a 12-month high of $965.00.

Sandisk (NASDAQ:SNDK) last issued its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating the consensus estimate of $3.31 by $2.89. The company had revenue of $3.03 billion during the quarter, compared to analysts’ expectations of $2.67 billion. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The company’s revenue was up 61.2% on a year-over-year basis.

Insider Buying and Selling at Sandisk

In other news, Director Miyuki Suzuki sold 3,500 shares of the stock in a transaction dated 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 approximately $6,216,939.71. This represents a 26.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders own 0.21% of the company’s stock.

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.