7,373 Shares in Sandisk Corporation $SNDK Purchased by Exchange Traded Concepts LLC

Key Points

• Exchange Traded Concepts LLC opened a new Q4 position in Sandisk, acquiring 7,373 shares worth about $1.75 million, joining other large institutional owners like Vanguard and State Street.
• Director Miyuki Suzuki sold 3,500 shares at an average of $627.53 (a 26.11% reduction), leaving insiders owning just 0.21% of the stock.
• Sandisk posted a strong quarter with $6.20 EPS (vs. $3.31 est.) and revenue up 61.2% YoY; analysts remain largely bullish (consensus "Moderate Buy," average target $594.48), though the stock shows high volatility and elevated valuation metrics.

Exchange Traded Concepts LLC acquired a new position in shares of Sandisk Corporation (NASDAQ:SNDK - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 7,373 shares of the data storage provider's stock, valued at approximately $1,750,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. purchased a new position in shares of Sandisk in the 3rd quarter worth approximately $1,970,388,000. State Street Corp purchased a new stake in Sandisk during the 3rd quarter valued at $491,053,000. Arrowstreet Capital Limited Partnership bought a new stake in Sandisk in the third quarter worth $297,293,000. Bank of America Corp DE bought a new stake in Sandisk in the third quarter worth $190,425,000. Finally, AQR Capital Management LLC purchased a new position in Sandisk during the third quarter worth $163,057,000.

Insider Transactions at Sandisk

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the firm's stock in a transaction on Wednesday, February 25th. The stock was 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 in the company, valued at $6,216,939.71. This trade represents a 26.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.21% of the stock is currently owned by company insiders.

Sandisk Price Performance

Sandisk stock opened at $692.73 on Thursday. 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 stock has a market cap of $102.25 billion, a price-to-earnings ratio of -91.27 and a beta of 5.01. The firm has a 50-day moving average of $617.34 and a two-hundred day moving average of $355.86. Sandisk Corporation has a 1 year low of $27.89 and a 1 year high of $777.60.

Sandisk (NASDAQ:SNDK - Get Free Report) last issued its earnings results on Thursday, January 29th. The data storage provider reported $6.20 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $2.67 billion. Sandisk's revenue for the quarter was up 61.2% on a year-over-year basis.

Sandisk News Roundup

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)

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on SNDK shares. JPMorgan Chase & Co. started coverage on shares of Sandisk in a research report on Monday, December 8th. They set a "neutral" rating and a $235.00 price objective on the stock. China Renaissance initiated coverage on shares of Sandisk in a report on Friday, December 5th. They issued a "buy" rating and a $322.00 target price for the company. Mizuho set a $600.00 price target on shares of Sandisk in a report on Tuesday, January 27th. Cantor Fitzgerald upped their price target on shares of Sandisk from $550.00 to $800.00 and gave the company an "overweight" rating in a report on Friday, January 30th. Finally, Susquehanna increased their price objective on shares of Sandisk from $250.00 to $300.00 and gave the stock a "positive" rating in a research report on Monday, December 8th. Two 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 stock. According to data from MarketBeat.com, Sandisk presently has a consensus rating of "Moderate Buy" and an average price target 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.

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