922 Shares in Sandisk Corporation $SNDK Purchased by Kera Capital Partners Inc.

Key Points

• Kera Capital Partners opened a new position in Sandisk during the fourth quarter, buying 922 shares worth about $219,000.
• Wall Street sentiment on Sandisk remains upbeat, with several firms raising price targets; the stock now carries a Moderate Buy consensus and an average target of $1,580.67.
• Sandisk’s latest earnings were strong, with $23.41 EPS versus $14.17 expected and revenue up 251% year over year, though insiders also sold shares recently and valuation concerns are rising after the stock’s sharp rally.

Kera Capital Partners Inc. acquired a new position in shares of Sandisk Corporation (NASDAQ:SNDK - Free Report) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 922 shares of the data storage provider's stock, valued at approximately $219,000.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Whittier Trust Co. acquired a new position in shares of Sandisk during the fourth quarter worth approximately $26,000. Greenline Wealth Management LLC bought a new position in Sandisk in the 4th quarter worth approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. bought a new position in Sandisk in the 3rd quarter worth approximately $27,000. Chung Wu Investment Group LLC acquired a new position in Sandisk during the 4th quarter worth $27,000. Finally, Westfuller Advisors LLC lifted its holdings in 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 in the last quarter.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Royal Bank Of Canada lifted their target price on Sandisk from $650.00 to $1,000.00 and gave the company a "sector perform" rating in a research note on Friday, May 1st. Cantor Fitzgerald upped their price target on Sandisk from $1,800.00 to $2,900.00 and gave the company an "overweight" rating in a research note on Monday, June 8th. Citigroup raised their price target on Sandisk from $1,300.00 to $2,025.00 and gave the company a "buy" rating in a report on Tuesday, May 19th. Mizuho lifted their price objective on Sandisk from $1,825.00 to $2,200.00 and gave the stock an "outperform" rating in a research report on Monday, June 8th. Finally, Raymond James Financial reiterated an "outperform" rating and issued a $1,470.00 price objective on shares of Sandisk in a research report on Friday, May 1st. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have given a Hold rating to the company's stock. Based on data from MarketBeat.com, Sandisk presently has an average rating of "Moderate Buy" and a consensus price target of $1,580.67.

Sandisk Price Performance

Sandisk stock opened at $2,273.73 on Tuesday. The firm has a market capitalization of $336.72 billion, a price-to-earnings ratio of 79.03 and a beta of 4.88. The company's 50 day simple moving average is $1,452.71 and its 200 day simple moving average is $833.30. Sandisk Corporation has a fifty-two week low of $40.10 and a fifty-two week high of $2,354.39.

Sandisk (NASDAQ:SNDK - Get Free Report) last issued its 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. The firm had revenue of $5.95 billion during the quarter. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The firm's revenue for the quarter was up 251.0% on a year-over-year basis. During the same period in the previous year, the company posted ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, analysts predict that Sandisk Corporation will post 64.01 EPS for the current fiscal year.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analysts and market commentary say AI demand is fundamentally changing the NAND market, supporting the bullish case for Sandisk and the broader memory cycle.
• Positive Sentiment: Bank of America reportedly raised its price target to $2,100 as the global NAND shortage worsens, adding to investor enthusiasm for SNDK.
• Positive Sentiment: Memory stocks, including Sandisk, rallied alongside Micron and Western Digital as traders positioned ahead of Micron’s earnings, reinforcing sector momentum.
• Positive Sentiment: Articles highlighted Sandisk’s huge year-to-date gain and record-high trading levels, which can draw momentum buyers and ETF inflows tied to storage and AI themes. Article title
• Neutral Sentiment: Several pieces focused on Sandisk’s strong performance, including its role in free-cash-flow ETFs and comments from investors who have made large gains, which may help sentiment but do not change fundamentals directly.
• Neutral Sentiment: One report said SNDK could be significantly overvalued after its recent surge, which is a cautionary note for investors even as the stock remains buoyant.
• Negative Sentiment: Valuation concerns are starting to emerge after the explosive rally, and any disappointment in future earnings or memory pricing could spark volatility in SNDK.

Insider Activity

In related news, CAO Michael Pokorny sold 2,446 shares of the company's stock in a transaction on Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total value of $3,488,436.28. Following the completion of the sale, the chief accounting officer owned 22,375 shares in the company, valued at $31,910,777.50. This represents a 9.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Alper Ilkbahar sold 2,000 shares of the company's stock in a transaction on Monday, June 1st. The shares were sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the completion of the sale, the executive vice president owned 52,677 shares of the company's stock, valued at approximately $92,531,364.66. This represents a 3.66% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 5,625 shares of company stock worth $8,913,497 over the last quarter. Corporate 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.

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