Arkadios Wealth Advisors Makes New Investment in Sandisk Corporation $SNDK

Key Points

• Arkadios Wealth Advisors acquired 1,048 Sandisk shares during the first quarter, establishing a new position valued at approximately $666,000. Several other institutional investors also increased or initiated holdings.
• Sandisk reported a strong quarter, with adjusted EPS of $39.25 and revenue of about $8.96 billion, up 371.6% year over year. AI data-center demand and higher storage pricing were key growth drivers, while the company authorized a $14 billion share repurchase program.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average target price of $1,853.14, but concerns include slowing forward guidance, NAND oversupply and the durability of elevated margins. Insiders have also sold roughly $9.99 million of stock over the past 90 days.

Arkadios Wealth Advisors acquired a new position in Sandisk Corporation (NASDAQ:SNDK - Free Report) in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund acquired 1,048 shares of the data storage provider's stock, valued at approximately $666,000.

A number of other hedge funds have also recently made changes to their positions in SNDK. Altshuler Shaham Ltd bought a new stake in Sandisk in the first quarter worth $7,405,000. Opal Capital LLC purchased a new stake in Sandisk during the first quarter valued at about $541,000. Sunbelt Securities Inc. grew its stake in shares of Sandisk by 325,666.7% during the first quarter. Sunbelt Securities Inc. now owns 19,546 shares of the data storage provider's stock valued at $12,418,000 after buying an additional 19,540 shares during the last quarter. Amundi grew its stake in shares of Sandisk by 135.5% during the first quarter. Amundi now owns 872,632 shares of the data storage provider's stock valued at $554,418,000 after buying an additional 502,166 shares during the last quarter. Finally, California State Teachers Retirement System increased its holdings in shares of Sandisk by 22.8% in the first quarter. California State Teachers Retirement System now owns 161,778 shares of the data storage provider's stock worth $102,784,000 after buying an additional 30,065 shares during the period.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on SNDK shares. Royal Bank Of Canada boosted their target price on Sandisk from $1,000.00 to $1,300.00 and gave the company a "sector perform" rating in a research note on Thursday. New Street Research set a $3,000.00 price target on Sandisk in a research note on Thursday. Morgan Stanley boosted their price objective on Sandisk from $1,100.00 to $1,750.00 and gave the company an "overweight" rating in a research report on Wednesday, June 3rd. Citigroup dropped their price objective on Sandisk from $2,500.00 to $2,100.00 and set a "buy" rating for the company in a research note on Thursday. Finally, Sanford C. Bernstein restated an "outperform" rating on shares of Sandisk in a report on Thursday. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $1,853.14.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Fiscal fourth-quarter results were exceptional. Sandisk reported adjusted EPS of $39.25, well above the roughly $33–$34 consensus, while revenue reached approximately $8.97 billion, up 371.6% year over year. Stronger pricing, higher volumes and data-center growth drove the results. SNDK Q4 Earnings Beat Estimates
• Positive Sentiment: AI data-center demand remains a major growth catalyst. Data-center revenue reportedly surged 437% during fiscal 2026. Analysts believe the shift toward AI inference, enterprise SSDs and higher-value storage could support sustained demand for Sandisk’s products. Sandisk and Western Digital Drag on Chip Stocks
• Positive Sentiment: Long-term contracts and capital returns strengthen the bullish case. Sandisk highlighted approximately $93.9 billion in contracted revenue, including $16.5 billion in AI-related guarantees, which could improve visibility and reduce exposure to NAND’s traditional boom-and-bust cycle. The company also authorized a $14 billion share repurchase program covering up to 6.6% of shares. SanDisk AI NAND Opportunity
• Neutral Sentiment: Analyst opinion is divided. Several firms continue to view SNDK as a Buy or Strong Buy, citing durable AI demand and valuation potential. However, Jefferies cut its price target to $1,750 from $3,000, while noting margin and NAND-pricing risks. Jefferies Cuts SanDisk Price Target
• Negative Sentiment: Forward revenue guidance fell short of elevated expectations. Sandisk projected fiscal first-quarter revenue of $10.3 billion to $10.8 billion, versus consensus near $10.8 billion and estimates as high as $11.16 billion. Investors interpreted the forecast as evidence that growth and pricing momentum may moderate.
• Negative Sentiment: Margin durability is the central concern. Although non-GAAP gross margin reached 84.6%, the company’s new business model may pressure margins initially. Investors also remain concerned about NAND oversupply, competition and whether recent price gains can continue. Sandisk Is Giving Up Some Margin for a Bigger Reward

Insider Activity at Sandisk

In related news, CAO Michael Pokorny sold 2,446 shares of the stock in a transaction dated 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 transaction, the chief accounting officer directly owned 22,375 shares of the company's stock, valued at $31,910,777.50. This represents a 9.85% decrease in their ownership of the stock. 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 firm's stock in a transaction dated Monday, June 1st. The stock was 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 $92,531,364.66. This trade represents a 3.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 6,246 shares of company stock worth $9,993,292 over the last 90 days. 0.21% of the stock is owned by company insiders.

Sandisk Stock Performance

Shares of SNDK stock opened at $1,258.58 on Friday. Sandisk Corporation has a fifty-two week low of $40.53 and a fifty-two week high of $2,354.39. The firm has a market cap of $186.38 billion, a P/E ratio of 17.26 and a beta of 5.20. The business's 50 day moving average price is $1,709.64 and its 200-day moving average price is $1,147.93.

Sandisk (NASDAQ:SNDK - Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The data storage provider reported $39.25 EPS for the quarter, topping analysts' consensus estimates of $33.28 by $5.97. The company had revenue of $8.96 billion during the quarter. Sandisk had a return on equity of 96.94% and a net margin of 56.47%.The business's revenue was up 371.6% compared to the same quarter last year. During the same period in the previous year, the business earned $0.29 EPS. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. As a group, equities analysts predict that Sandisk Corporation will post 185.89 EPS for the current year.

Sandisk announced that its Board of Directors has authorized a stock buyback program on Wednesday, August 5th that permits the company to repurchase $14.00 billion in outstanding shares. This repurchase authorization permits the data storage provider to purchase up to 6.6% of its shares through open market purchases. Shares repurchase programs are usually an indication that the company's leadership believes its shares are undervalued.

About Sandisk

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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