Rakuten Securities Inc. Has $2.31 Million Stock Holdings in Sandisk Corporation $SNDK

Key Points

• Rakuten Securities Inc. increased its position in Sandisk by 399.7% in Q4 to 9,745 shares, valued at approximately $2.31 million.
• Sandisk posted a Q1 earnings beat (EPS $6.20 vs. $3.31) and revenue up 61.2% to $3.03B, and AI-driven NAND demand has driven the stock roughly 295% YTD, prompting multiple analyst price-target raises and a consensus "Moderate Buy" rating.
• Director Miyuki Suzuki sold 3,500 shares at an average price of $627.53, reducing her holdings by 26.11%; insiders now own just 0.21% of the company.

Rakuten Securities Inc. increased its position in shares of Sandisk Corporation (NASDAQ:SNDK - Free Report) by 399.7% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,745 shares of the data storage provider's stock after acquiring an additional 7,795 shares during the period. Rakuten Securities Inc.'s holdings in Sandisk were worth $2,313,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Vanguard Group Inc. acquired a new position in Sandisk in the 3rd quarter worth about $1,970,388,000. State Street Corp acquired a new stake in shares of Sandisk during the 3rd quarter valued at about $491,053,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Sandisk in the 3rd quarter valued at approximately $297,293,000. Bank of America Corp DE bought a new stake in shares of Sandisk in the 3rd quarter valued at approximately $190,425,000. Finally, AQR Capital Management LLC acquired a new position in Sandisk in the third quarter worth approximately $163,057,000.

Insider Activity

In other news, Director Miyuki Suzuki sold 3,500 shares of the company's stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $627.53, for a total transaction of $2,196,355.00. Following the completion of the transaction, the director owned 9,907 shares of the company's stock, valued at approximately $6,216,939.71. This represents a 26.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders own 0.21% of the company's stock.

Sandisk Stock Down 4.8%

Shares of SNDK stock opened at $932.43 on Friday. Sandisk Corporation has a 12 month low of $30.31 and a 12 month high of $981.06. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. The firm has a market cap of $137.63 billion, a PE ratio of -122.85 and a beta of 5.04. The stock has a 50 day moving average of $710.01 and a 200-day moving average of $437.62.

Sandisk (NASDAQ:SNDK - Get Free Report) last announced its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, topping analysts' consensus estimates 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 business had revenue of $3.03 billion for the quarter, compared to analyst estimates of $2.67 billion. The company's revenue for the quarter was up 61.2% compared to the same quarter last year. On average, equities analysts predict that Sandisk Corporation will post 39.01 EPS for the current year.

Analyst Ratings Changes

Several equities analysts recently weighed in on SNDK shares. Zacks Research raised shares of Sandisk from a "hold" rating to a "strong-buy" rating in a research report on Friday, February 20th. Sanford C. Bernstein set a $1,250.00 price target on shares of Sandisk and gave the stock an "outperform" rating in a research note on Thursday, April 9th. Bank of America raised their price target on shares of Sandisk from $900.00 to $1,080.00 and gave the company a "buy" rating in a report on Friday, April 17th. Raymond James Financial raised shares of Sandisk from a "market perform" rating to an "outperform" rating and set a $725.00 price objective for the company in a research note on Friday, January 30th. Finally, Morgan Stanley set a $690.00 price objective on shares of Sandisk in a report on Friday, January 30th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $752.48.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analysts and research shops highlight strong end‑market diversification: AI/datacenter demand, steady edge and consumer strength are lifting revenue visibility and raise expectations for an earnings beat next week. SNDK's Rides on End-Market Diversification
• Positive Sentiment: Media and analysts point to massive AI-driven NAND demand as the core thesis behind a roughly 295% YTD rally; optimism over secular AI spend is driving investor interest and multiple expansion. SanDisk Climbs 295% YTD as AI Fuels Memory Mania
• Positive Sentiment: High-profile coverage (Jim Cramer) is increasing retail and institutional attention — such media mentions can amplify flows and liquidity into SNDK. Cramer Names 'The Stocks That Got Away' — SanDisk Is Number 1
• Neutral Sentiment: Sandisk has been hitting all‑time highs on momentum and sector strength rather than company‑specific catalysts — that suggests price moves are partly sentiment-driven. Why SanDisk Stock Is Hitting All-Time Highs Today
• Neutral Sentiment: Analysts remain split on ratings and targets amid rapid share gains — some see more upside from AI exposure while others warn the run-up leaves less margin for error. SanDisk Stock at $979: Analysts Split on Buy or Sell
• Negative Sentiment: Macro risk‑off flows (oil rally on Hormuz tensions) and rotation out of high‑beta tech pressured SNDK intraday, contributing to today’s pullback from recent highs. Why SanDisk Stock Is Retreating From Wednesday's All-Time Highs
• Negative Sentiment: Valuation and positioning risk: the stock sits near consensus analyst targets after a steep rally, so upcoming Q1 results and guidance pose high short‑term event risk if they miss elevated expectations. SanDisk Climbs 295% YTD as AI Fuels Memory Mania

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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