Krilogy Financial LLC Acquires 865 Shares of Sandisk Corporation $SNDK

Krilogy Financial LLC raised its holdings in shares of Sandisk Corporation (NASDAQ:SNDK) by 30.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,724 shares of the data storage provider’s stock after purchasing an additional 865 shares during the quarter. Krilogy Financial LLC’s holdings in Sandisk were worth $884,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Westfuller Advisors LLC increased its stake in Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after purchasing an additional 43 shares in the last quarter. Everhart Financial Group Inc. increased its stake in Sandisk by 3.4% during the 4th quarter. Everhart Financial Group Inc. now owns 2,058 shares of the data storage provider’s stock valued at $489,000 after purchasing an additional 67 shares in the last quarter. Assetmark Inc. increased its stake in Sandisk by 71.6% during the 4th quarter. Assetmark Inc. now owns 175 shares of the data storage provider’s stock valued at $42,000 after purchasing an additional 73 shares in the last quarter. Savvy Advisors Inc. increased its stake in Sandisk by 1.3% during the 4th quarter. Savvy Advisors Inc. now owns 6,930 shares of the data storage provider’s stock valued at $1,645,000 after purchasing an additional 87 shares in the last quarter. Finally, Whittier Trust Co. bought a new stake in Sandisk during the 4th quarter valued at $26,000.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Company product roadmap and enterprise wins — Zacks highlights SNDK’s acceleration in PCIe Gen5 SSDs, BiCS8 NAND and QLC “Stargate,” positioning the firm to capture AI-driven enterprise storage spending and support revenue growth. Sandisk’s Product Innovation Accelerates: Is Revenue Growth Secured?
• Positive Sentiment: Broader Wall Street push into memory — Morgan Stanley and other firms are doubling down on memory names as AI demand broadens beyond chips to CPUs and memory, a thematic tailwind for Sandisk. Why Morgan Stanley is doubling down on memory stocks amid AI boom?
• Positive Sentiment: Index inclusion and analyst upgrades — SNDK joined the Nasdaq‑100 and has seen price‑target raises (Wells Fargo lifted its target toward $975, other street calls pushed targets higher), increasing passive demand and analyst coverage. Sandisk Joins Nasdaq 100 As AI NAND Boom Reshapes Investor Focus
• Neutral Sentiment: Relative valuation and competitive context — The Motley Fool compares Sandisk and Western Digital, noting Sandisk’s NAND focus has longer-term growth potential versus HDD peers; useful for longer‑term allocation but not an immediate driver. SanDisk vs. Western Digital: Which Memory Storage Stock Is the Better Buy?
• Neutral Sentiment: Media coverage and investor attention — Jim Cramer and other commentators are citing SNDK’s surprise rally and their own missed calls; media attention can amplify flows but is not a fresh fundamental catalyst. Jim Cramer Notes “I Am Always Going to Miss a Stock Like Sandisk Because My Disciplines Will Betray Me”
• Negative Sentiment: Profit‑taking and volatility after a massive rally — Coverage (Barron’s and others) points to index‑rebalancing moves, stretched momentum, and high beta as reasons the stock would see pullbacks even amid positive fundamentals; this helps explain today’s decline. Sandisk Stock Joins the Nasdaq 100 Today. Why It’s Falling.

Sandisk Price Performance

SNDK opened at $903.49 on Wednesday. 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 company has a market capitalization of $133.36 billion, a price-to-earnings ratio of -119.04 and a beta of 5.04. The firm’s fifty day moving average price is $696.37 and its two-hundred day moving average price is $430.32. Sandisk Corporation has a 1 year low of $29.32 and a 1 year high of $965.00.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $3.31 by $2.89. The firm had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.67 billion. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. Sandisk’s quarterly revenue was up 61.2% compared to the same quarter last year. As a group, analysts anticipate that Sandisk Corporation will post 38.34 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have commented on SNDK shares. Weiss Ratings restated a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. Citigroup boosted their price target on shares of Sandisk from $875.00 to $980.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Cantor Fitzgerald boosted their price target on shares of Sandisk from $800.00 to $1,000.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Evercore started coverage on shares of Sandisk in a research note on Monday, April 13th. They set an “outperform” rating and a $1,200.00 price target for the company. Finally, Morgan Stanley set a $690.00 price target on shares of Sandisk in a research note on Friday, January 30th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Sandisk currently has a consensus rating of “Moderate Buy” and a consensus target price of $719.73.

Insider Transactions at Sandisk

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

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.