Czech National Bank Has $95.84 Million Position in Sandisk Corporation $SNDK

Key Points

• Czech National Bank increased its Sandisk stake by 4.9% in the second quarter, holding 42,152 shares valued at approximately $95.84 million.
• Sandisk reported quarterly EPS of $39.25, beating estimates of $33.28, while revenue surged 371.6% year over year to about $8.96 billion. The company also authorized a $14 billion share-repurchase program covering up to 6.6% of outstanding shares.
• Analysts remain broadly bullish, with a “Moderate Buy” consensus and an average target of $1,853.14, but investors are concerned about below-expectation forward guidance, NAND oversupply and the durability of elevated margins.

Czech National Bank increased its stake in shares of Sandisk Corporation (NASDAQ:SNDK - Free Report) by 4.9% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 42,152 shares of the data storage provider's stock after acquiring an additional 1,954 shares during the quarter. Czech National Bank's holdings in Sandisk were worth $95,842,000 at the end of the most recent quarter.

Other large investors have also bought and sold shares of the company. KERR FINANCIAL PLANNING Corp bought a new stake in Sandisk in the second quarter valued at $34,000. Valley Wealth Managers Inc. bought a new position in shares of Sandisk during the 1st quarter worth about $25,000. IMG Wealth Management Inc. bought a new position in shares of Sandisk during the 1st quarter worth about $29,000. Dogwood Wealth Management LLC grew its stake in shares of Sandisk by 14.3% in the 2nd quarter. Dogwood Wealth Management LLC now owns 48 shares of the data storage provider's stock valued at $109,000 after buying an additional 6 shares during the period. Finally, SOA Wealth Advisors LLC. grew its stake in shares of Sandisk by 108.0% in the 1st quarter. SOA Wealth Advisors LLC. now owns 52 shares of the data storage provider's stock valued at $33,000 after buying an additional 27 shares during the period.

Wall Street Analyst Weigh In

SNDK has been the subject of a number of research analyst reports. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $1,200.00 target price on shares of Sandisk in a research report on Friday, May 1st. Bank of America increased their price target on Sandisk from $2,100.00 to $2,500.00 and gave the stock a "buy" rating in a report on Wednesday, July 1st. Morgan Stanley raised their price objective on Sandisk from $1,100.00 to $1,750.00 and gave the company an "overweight" rating in a research note on Wednesday, June 3rd. Citigroup decreased their price objective on Sandisk from $2,500.00 to $2,100.00 and set a "buy" rating for the company in a report on Thursday. Finally, Royal Bank Of Canada upped their target price on Sandisk from $1,000.00 to $1,300.00 and gave the stock a "sector perform" rating in a research 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. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $1,853.14.

Sandisk Price Performance

SNDK 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 capitalization of $186.38 billion, a PE ratio of 17.26 and a beta of 5.20. The company's 50-day moving average is $1,709.64 and its 200 day moving average is $1,147.93.

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

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

Insider Buying and Selling

In other Sandisk news, CAO Michael Pokorny sold 2,446 shares of the business's stock in a transaction on Tuesday, May 12th. The stock was sold at an average price of $1,426.18, for a total value of $3,488,436.28. Following the transaction, the chief accounting officer owned 22,375 shares of the company's stock, valued at approximately $31,910,777.50. The trade was a 9.85% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Bernard Shek sold 600 shares of the business's stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $1,162.16, for a total value of $697,296.00. Following the completion of the transaction, the insider directly owned 30,915 shares in the company, valued at approximately $35,928,176.40. This represents a 1.90% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 6,246 shares of company stock worth $9,993,292. 0.21% of the stock is owned by company insiders.

Sandisk News Summary

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

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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