Consilium Wealth Advisory LLC Takes Position in Sandisk Corporation $SNDK

Key Points

• Consilium Wealth Advisory LLC opened a new position in Sandisk during the first quarter, buying 1,294 shares valued at about $822,000.
• Sandisk reported a strong quarterly beat, posting $23.41 EPS versus estimates of $14.17 and revenue of $5.95 billion, with revenue up 251% year over year. The company also issued Q4 2026 EPS guidance of 30.0 to 33.0.
• Wall Street remains broadly bullish, with multiple firms raising price targets and several analysts rating the stock a buy or better; the consensus target price is $1,580.67. Recent news also highlights both AI-driven demand optimism and volatility from profit-taking and sector-wide selling.

Consilium Wealth Advisory LLC bought a new position in Sandisk Corporation (NASDAQ:SNDK - Free Report) during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 1,294 shares of the data storage provider's stock, valued at approximately $822,000.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP increased its position in Sandisk by 84.2% in the fourth quarter. Allworth Financial LP now owns 4,521 shares of the data storage provider's stock worth $1,073,000 after purchasing an additional 2,067 shares during the last quarter. Tredje AP fonden bought a new position in Sandisk during the fourth quarter valued at $7,821,000. ProShare Advisors LLC lifted its position in Sandisk by 1,301.5% during the fourth quarter. ProShare Advisors LLC now owns 33,637 shares of the data storage provider's stock valued at $7,985,000 after purchasing an additional 31,237 shares during the last quarter. FourThought Financial Partners LLC purchased a new position in shares of Sandisk in the 4th quarter worth $422,000. Finally, North Dakota State Investment Board purchased a new position in shares of Sandisk in the 4th quarter worth $1,127,000.

Sandisk Stock Performance

Shares of NASDAQ SNDK opened at $1,963.60 on Wednesday. The business's 50 day moving average price is $1,474.95 and its 200-day moving average price is $845.76. Sandisk Corporation has a fifty-two week low of $40.10 and a fifty-two week high of $2,354.39. The company has a market cap of $290.79 billion, a price-to-earnings ratio of 68.25 and a beta of 4.88.

Sandisk (NASDAQ:SNDK - Get Free Report) last announced its quarterly earnings data 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 return on equity of 44.06% and a net margin of 34.19%.The company had revenue of $5.95 billion for the quarter. During the same period last year, the company earned ($0.30) EPS. The business's revenue was up 251.0% compared to the same quarter last year. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Sell-side analysts predict that Sandisk Corporation will post 64.01 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of brokerages recently commented on SNDK. Cantor Fitzgerald increased their price target on shares of Sandisk from $1,800.00 to $2,900.00 and gave the company an "overweight" rating in a report on Monday, June 8th. UBS Group set a $1,700.00 price objective on Sandisk in a research note on Monday, May 4th. Citigroup raised their price objective on Sandisk from $1,300.00 to $2,025.00 and gave the company a "buy" rating in a research note on Tuesday, May 19th. Barclays upgraded Sandisk from an "equal weight" rating to an "overweight" rating and lifted their target price for the stock from $1,200.00 to $2,300.00 in a report on Tuesday, May 26th. Finally, Wedbush boosted their target price on Sandisk from $740.00 to $1,200.00 and gave the company an "outperform" rating in a research report on Wednesday, April 29th. Three equities research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $1,580.67.

Key Headlines Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: SanDisk continues to benefit from the long-term AI storage story, with several articles highlighting that AI is “fundamentally” changing the NAND market and supporting stronger data-center memory demand. Article Title
• Positive Sentiment: Recent coverage also points to continued optimism around SanDisk’s AI-driven pure-play NAND positioning, which has helped fuel a major rerating in the stock. Article Title
• Neutral Sentiment: One analyst commentary argues the current selling is mainly profit-taking after a parabolic run in AI memory stocks, suggesting investors are rotating rather than abandoning the sector. Article Title
• Neutral Sentiment: Another report says the broader memory-stock rally stalled as tech selling spread to new markets and industries, pressuring the group as a whole. Article Title
• Negative Sentiment: SanDisk is being sold along with Micron and Western Digital amid fears of an AI bubble, high AI spending, and rate-hike risks, which are weighing on sentiment for memory-chip stocks. Article Title
• Negative Sentiment: A separate report says Tuesday’s sharp drop was amplified by a Korean market crash that hit memory-chip names across the sector. Article Title

Insider Activity at Sandisk

In related news, CAO Michael Pokorny sold 2,446 shares of Sandisk stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total transaction 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 trade represents a 9.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Bernard Shek sold 600 shares of the business's stock in a transaction dated 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 sale, the insider directly owned 32,232 shares of the company's stock, valued at approximately $55,954,752. This trade represents a 1.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 5,625 shares of company stock worth $8,913,497. 0.21% of the stock is currently owned by corporate insiders.

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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