1,205 Shares in Sandisk Corporation $SNDK Purchased by Banco BTG Pactual S.A.

Banco BTG Pactual S.A. purchased a new position in shares of Sandisk Corporation (NASDAQ:SNDK) in the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 1,205 shares of the data storage provider’s stock, valued at approximately $286,000.

A number of other large investors have also recently made changes to their positions in the company. Caerus Investment Advisors LLC boosted its stake in shares of Sandisk by 4.2% during the 4th quarter. Caerus Investment Advisors LLC now owns 2,864 shares of the data storage provider’s stock worth $680,000 after purchasing an additional 116 shares during the period. Kovack Advisors Inc. bought a new stake in Sandisk during the 4th quarter valued at about $255,000. Polen Capital Management LLC bought a new stake in Sandisk during the 4th quarter valued at about $442,000. Nuveen LLC lifted its holdings in Sandisk by 69.4% during the 4th quarter. Nuveen LLC now owns 425,121 shares of the data storage provider’s stock valued at $100,915,000 after buying an additional 174,105 shares in the last quarter. Finally, Xponance LLC lifted its holdings in Sandisk by 56.2% during the 4th quarter. Xponance LLC now owns 11,768 shares of the data storage provider’s stock valued at $2,793,000 after buying an additional 4,235 shares in the last quarter.

Sandisk Stock Performance

NASDAQ:SNDK opened at $1,881.51 on Friday. Sandisk Corporation has a one year low of $39.44 and a one year high of $1,895.00. The firm has a market cap of $278.63 billion, a P/E ratio of 65.40 and a beta of 4.87. The firm has a 50-day simple moving average of $1,262.36 and a 200-day simple moving average of $740.58.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 EPS for the quarter, beating the consensus estimate of $14.17 by $9.24. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The business had revenue of $5.95 billion during the quarter. During the same quarter in the prior year, the firm posted ($0.30) EPS. The company’s revenue for the quarter was up 251.0% compared to the same quarter last year. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, research analysts predict that Sandisk Corporation will post 64.01 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

SNDK has been the subject of a number of research analyst reports. Susquehanna lifted their price objective on shares of Sandisk from $2,000.00 to $3,250.00 and gave the company a “positive” rating in a report on Friday, May 29th. Sanford C. Bernstein lifted their price objective on shares of Sandisk from $1,250.00 to $1,700.00 and gave the company an “outperform” rating in a report on Monday, May 4th. Arete Research upgraded shares of Sandisk from a “hold” rating to a “strong-buy” rating in a report on Monday, April 13th. KGI Securities initiated coverage on shares of Sandisk in a report on Wednesday, March 18th. They set an “outperform” rating and a $992.00 price objective for the company. Finally, Morgan Stanley lifted their price objective on shares of Sandisk from $1,100.00 to $1,750.00 and gave the company an “overweight” rating in a report on Wednesday, June 3rd. Three investment analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, Sandisk currently has an average rating of “Moderate Buy” and an average price target of $1,580.67.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Bank of America reiterated a Buy rating and raised its price target on Sandisk to $2,100, reinforcing the bull case after the stock’s huge rally. SanDisk Stock’s 5,000% Rally Hasn’t Stopped This Analyst: Is $2,100 Next?
• Positive Sentiment: Shares gained on Thursday as memory stocks rebounded, with SanDisk benefiting from improving industry sentiment after SK Hynix outlined a capacity plan that lifted the broader group. SanDisk Jumps 14%, Western Digital Climbs 6% as Memory Stocks Rebound on SK Hynix’s Capacity Plan
• Positive Sentiment: Analysts and market commentary continue to frame Sandisk as an AI beneficiary, citing rising revenues, strong demand, and a growing role in AI infrastructure alongside other storage and chip names. Beyond Micron: 2 AI Stocks That Could Deliver Explosive Returns
• Neutral Sentiment: One article argued the stock may be fully valued after its massive year-to-date run, suggesting upside could be getting harder to justify at current levels. Up 500% in 2026: 1 Deeply Concerning Reason to Stand Pat on SanDisk Stock Despite the June Rebound
• Neutral Sentiment: Sandisk’s new business model has drawn attention for securing $42 billion in revenue commitments, which could improve visibility and reduce dependence on NAND price swings over time. Can SNDK’s New Business Models Reduce Dependence on NAND Volatility?

Insider Buying and Selling at Sandisk

In related news, insider Bernard Shek sold 600 shares of the business’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $1,736.00, for a total transaction of $1,041,600.00. Following the completion of the transaction, the insider owned 32,232 shares in the company, valued at $55,954,752. The trade was a 1.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Necip Sayiner sold 579 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the transaction, the director owned 2,900 shares of the company’s stock, valued at approximately $4,359,019. This trade represents a 16.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 5,625 shares of company stock worth $8,913,497. 0.21% of the stock is owned by company insiders.

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.