Asset Management One Co. Ltd. Makes New $2.64 Million Investment in Sandisk Corporation $SNDK

Key Points

• Asset Management One opened a new position in Sandisk by purchasing 10,793 shares valued at approximately $2.64 million during the fourth quarter.
• Wall Street analysts are largely bullish—multiple upgrades and lofty targets (KGI $992, Wells Fargo $975) leave the stock with an average target price of $752.48 and a consensus of "Moderate Buy."
• Fundamentals and momentum underpin the rally—Sandisk delivered an earnings beat (Q4 EPS $6.20 vs. $3.31 est.) and has surged about 295% YTD, but its proximity to analyst targets and high beta raise downside risk from any execution miss.

Asset Management One Co. Ltd. purchased a new position in Sandisk Corporation (NASDAQ:SNDK - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 10,793 shares of the data storage provider's stock, valued at approximately $2,636,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of SNDK. Whittier Trust Co. acquired a new stake in Sandisk during the 4th quarter worth about $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Sandisk during the 3rd quarter worth about $27,000. CVA Family Office LLC acquired a new stake in Sandisk during the 3rd quarter worth about $28,000. Westfuller Advisors LLC raised 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 during the period. Finally, Parallel Advisors LLC acquired a new stake in Sandisk during the 3rd quarter worth about $30,000.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Wedbush boosted their price objective on Sandisk from $600.00 to $740.00 and gave the stock an "outperform" rating in a report on Friday, January 30th. Raymond James Financial upgraded Sandisk from a "market perform" rating to an "outperform" rating and set a $725.00 price objective on the stock in a report on Friday, January 30th. KGI Securities assumed coverage on Sandisk in a report on Wednesday, March 18th. They set an "outperform" rating and a $992.00 price objective on the stock. Wells Fargo & Company boosted their price objective on Sandisk from $675.00 to $975.00 and gave the stock an "equal weight" rating in a report on Monday. Finally, Zacks Research upgraded Sandisk from a "hold" rating to a "strong-buy" rating in a report on Friday, February 20th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, four have given a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $752.48.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analysts and research houses highlight durable demand from AI/datacenters and a diversified end-market mix, which support revenue resilience and margin visibility. SNDK's Rides on End-Market Diversification
• Positive Sentiment: Wall Street expects SNDK to report earnings growth next week; several analysts/notes (Zacks) flag the stock as positioned to beat near-term estimates, which could restore upside if results impress. Sandisk Reports Next Week
• Positive Sentiment: High-profile media attention (Jim Cramer and feature pieces) is increasing retail and institutional awareness, which can prolong momentum if fundamentals continue to validate market optimism. Cramer Names 'The Stocks That Got Away'
• Neutral Sentiment: The stock sits very close to the consensus analyst target after a roughly 295% YTD run, leaving limited obvious upside from current street targets and raising sensitivity to near-term execution. SanDisk Climbs 295% YTD
• Neutral Sentiment: Market commentaries debate whether the last leg is a multi-year secular story or a peak — expect heightened headline-driven swings. SanDisk: Is a 20x Surge Just the Beginning?
• Negative Sentiment: Short-term selling pressure tied to broader risk-off flows (oil/Hormuz tensions) and profit-taking after all-time highs pressured tech names, pulling SNDK back. Why SanDisk Stock Is Retreating
• Negative Sentiment: Analysts remain split on valuation and timing—coverage shows a mix of buy/sell views; combined with a high beta and stretched multiples, the stock is vulnerable to sharper pullbacks on any execution miss. Analysts Split on Buy or Sell

Insider Activity at Sandisk

In related news, Director Miyuki Suzuki sold 3,500 shares of the business's stock in a transaction that occurred on Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total value of $2,196,355.00. Following the completion of the sale, the director owned 9,907 shares of the company's stock, valued at approximately $6,216,939.71. The trade was a 26.11% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.21% of the company's stock.

Sandisk Price Performance

Shares of SNDK opened at $932.43 on Friday. The company has a market capitalization of $137.63 billion, a price-to-earnings ratio of -122.85 and a beta of 5.04. Sandisk Corporation has a fifty-two week low of $30.31 and a fifty-two week high of $981.06. 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 business's 50-day moving average is $710.01 and its 200-day moving average is $437.62.

Sandisk (NASDAQ:SNDK - Get Free Report) last issued its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating analysts' consensus estimates of $3.31 by $2.89. The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.67 billion. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The business's quarterly revenue was up 61.2% compared to the same quarter last year. Equities research analysts expect that Sandisk Corporation will post 39.01 EPS for the current fiscal year.

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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