Level Four Advisory Services LLC Takes $1.75 Million Position in Sandisk Corporation $SNDK

Key Points

• Level Four Advisory Services LLC bought 15,587 shares of Sandisk (≈$1.75 million) in the 3rd quarter, joining several other institutions that opened new, smaller positions in the stock.
• Director Miyuki Suzuki sold 3,500 shares on Feb. 25 for about $2.20 million, trimming her holding by 26.11%; insiders now own roughly 0.21% of the company.
• Sandisk posted a strong quarter—$6.20 EPS vs. $3.31 expected and revenue of $3.03 billion, up 61.2% Y/Y—fueling multiple analyst price-target upgrades (Citigroup $750, Cantor Fitzgerald $800) even as warnings persist about NAND cyclicality and short-seller/secondary-share overhang risks.

Level Four Advisory Services LLC purchased a new stake in shares of Sandisk Corporation (NASDAQ:SNDK - Free Report) during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund purchased 15,587 shares of the data storage provider's stock, valued at approximately $1,749,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sandisk in the 3rd quarter worth approximately $27,000. CVA Family Office LLC purchased a new stake in shares of Sandisk during the 3rd quarter worth about $28,000. Covestor Ltd purchased a new stake in shares of Sandisk during the 3rd quarter worth about $37,000. Cromwell Holdings LLC acquired a new stake in shares of Sandisk during the 3rd quarter valued at about $39,000. Finally, True Wealth Design LLC purchased a new position in shares of Sandisk in the 3rd quarter valued at about $40,000.

Insiders Place Their Bets

In other news, Director Miyuki Suzuki sold 3,500 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were 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 $6,216,939.71. This represents a 26.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.21% of the stock is owned by insiders.

Sandisk Stock Up 6.0%

Shares of NASDAQ:SNDK opened at $599.06 on Thursday. Sandisk Corporation has a 52-week low of $27.89 and a 52-week high of $725.00. The stock has a market cap of $88.42 billion and a P/E ratio of -78.93. The business has a fifty day moving average of $491.04 and a two-hundred day moving average of $271.99. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06.

Sandisk (NASDAQ:SNDK - Get Free Report) last announced its quarterly earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating the consensus estimate of $3.31 by $2.89. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. The firm had revenue of $3.03 billion for the quarter, compared to analysts' expectations of $2.67 billion. The company's revenue was up 61.2% on a year-over-year basis.

Wall Street Analyst Weigh In

Several analysts have commented on SNDK shares. Sanford C. Bernstein raised their price objective on Sandisk from $300.00 to $580.00 and gave the company an "outperform" rating in a report on Wednesday, January 14th. Citigroup boosted their target price on shares of Sandisk from $490.00 to $750.00 and gave the stock a "buy" rating in a research note on Monday, February 2nd. Cantor Fitzgerald boosted their price target on Sandisk from $550.00 to $800.00 and gave the stock an "overweight" rating in a research report on Friday, January 30th. China Renaissance started coverage on Sandisk in a report on Friday, December 5th. They issued a "buy" rating and a $322.00 price objective on the stock. Finally, Wedbush increased their target price on shares of Sandisk from $600.00 to $740.00 and gave the company an "outperform" rating in a research report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $542.85.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: BNP Paribas says memory pricing continues to surge — a renewed expectation of firm NAND prices supports Sandisk’s revenue and margin outlook from tight supply/demand dynamics. Micron, Sandisk in spotlight as BNP sees memory pricing continuing to surge
• Positive Sentiment: An analyst upgrade argues SNDK could reach $1,000 by 2027 based on EPS revisions — this type of bullish research can drive momentum buying and lift analyst-driven price targets. Sandisk: I See A Path To $1000 Based On 2027 EPS Forecasts (Rating Upgrade)
• Positive Sentiment: Inclusion on Zacks’ list of 5 growth stocks to buy highlights continued bullish earnings expectations and institutional interest that can support further upside. 5 Growth Stocks to Buy in March Despite Global Economic Turbulence
• Positive Sentiment: Zacks technical note points to a "high tight flag" consolidation — a bullish chart pattern that may attract momentum traders if confirmed. Taser 2.0? Sandisk Builds Back-to-Back High Tight Flags
• Positive Sentiment: Morningstar/Fool-style coverage notes SNDK’s strong February performance driven by NAND tightness — supports the narrative of durable near-term revenue gains. Why Sandisk Stock Gained 10% in February
• Neutral Sentiment: SNDK presented at Morgan Stanley TMT conference — management commentary and guidance in the transcript will be important for confirming demand trends but contains no new headline guidance yet. Sandisk Corporation (SNDK) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
• Neutral Sentiment: Macro pieces asking if the rally can continue offer balanced views — useful for assessing risk/reward but not new company-specific catalysts. SanDisk Stock Forecast: Can the Rally Continue Into 2026?
• Negative Sentiment: Citron Research warns the “hype could vanish in a single earnings call,” flagging cyclical NAND exposure and the risk of a sharp re-rating if guidance disappoints. Sandisk Stock Hype Could ‘Vanish in a Single Earnings Call’ According to Citron Research. Is It Time to Ditch SNDK Here?
• Negative Sentiment: Geopolitical tensions and a broader risk-off in chip stocks pushed SNDK lower in recent sessions as oil/energy moves and Korea selloffs weigh on sentiment. Memory Chip Stocks Micron (MU) and SanDisk (SNDK) Plunge as Geopolitical Tensions Spike
• Negative Sentiment: Analysis points to risk-off selling, short-seller campaigns and secondary-share activity (former-parent selling) creating overhang and downside risk despite strong fundamentals. SanDisk slides as chip stocks fall with global risk-off sentiment, lingering memory-cycle worries

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.

Want to see what other hedge funds are holding SNDK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Sandisk Corporation (NASDAQ:SNDK - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.