Sandisk Corporation $SNDK Shares Bought by Coldstream Capital Management Inc.

Key Points

• Coldstream Capital Management increased its stake in Sandisk by 64.6% in the fourth quarter, buying an additional 1,424 shares and bringing its total to 3,627 shares worth about $861,000.
• Sandisk reported blowout quarterly results, with EPS of $23.41 beating estimates by $9.24 and revenue jumping 251% year over year to $5.95 billion. The company also issued Q4 2026 guidance of 30-33 EPS.
• Wall Street remains bullish on Sandisk, with several analysts raising price targets or upgrading ratings; the consensus rating is Buy with an average price target of about $1,207.

Coldstream Capital Management Inc. grew its position in shares of Sandisk Corporation (NASDAQ:SNDK - Free Report) by 64.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,627 shares of the data storage provider's stock after acquiring an additional 1,424 shares during the quarter. Coldstream Capital Management Inc.'s holdings in Sandisk were worth $861,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Whittier Trust Co. acquired a new position in shares of Sandisk during the fourth quarter valued at $26,000. Chung Wu Investment Group LLC acquired a new position in shares of Sandisk during the fourth quarter valued at $27,000. Westfuller Advisors LLC boosted its holdings in shares of Sandisk by 51.8% during the fourth quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider's stock valued at $30,000 after acquiring an additional 43 shares during the period. TD Private Client Wealth LLC boosted its holdings in shares of Sandisk by 137.9% during the fourth quarter. TD Private Client Wealth LLC now owns 138 shares of the data storage provider's stock valued at $33,000 after acquiring an additional 80 shares during the period. Finally, Torren Management LLC acquired a new position in shares of Sandisk during the fourth quarter valued at $37,000.

Sandisk Trading Up 0.0%

NASDAQ SNDK opened at $1,589.94 on Thursday. The stock's 50-day moving average price is $1,036.08 and its two-hundred day moving average price is $627.45. The company has a market cap of $235.45 billion, a PE ratio of 55.26 and a beta of 4.82. Sandisk Corporation has a 1 year low of $36.21 and a 1 year high of $1,658.77.

Sandisk (NASDAQ:SNDK - Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $14.17 by $9.24. The firm had revenue of $5.95 billion for the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.Sandisk's quarterly revenue was up 251.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Research analysts forecast that Sandisk Corporation will post 63.58 EPS for the current fiscal year.

Insider Activity

In other Sandisk news, CAO Michael Pokorny sold 2,446 shares of the business's stock in a transaction dated Tuesday, May 12th. The stock was sold at an average price of $1,426.18, for a total transaction of $3,488,436.28. Following the sale, the chief accounting officer owned 22,375 shares in the company, valued at approximately $31,910,777.50. The trade was a 9.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Necip Sayiner sold 579 shares of the business's stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total value of $870,300.69. Following the sale, the director owned 2,900 shares in the company, valued at approximately $4,359,019. The trade was a 16.64% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.21% of the stock is currently owned by insiders.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Barclays raised its price target on Sandisk and maintained a bullish view, saying AI-driven storage demand and Sandisk’s contract strategy still leave room for further upside. SanDisk (SNDK) Stock Has Exploded 4,000%. This 5-Star Analyst Still Sees More Upside
• Positive Sentiment: Multiple reports highlighted Sandisk as a leader in the AI memory supercycle, with chip shortages and strong pricing trends supporting continued earnings momentum. Memory Supercycle: Why MU & SNDK Are Set for a Grand Finale
• Positive Sentiment: Recent articles also pointed to Sandisk’s massive run and strong investor interest, reinforcing the view that momentum traders and growth investors are still piling into the name. What's Going On With SanDisk Stock Wednesday?

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on the stock. Wedbush upped their price objective on shares of Sandisk from $740.00 to $1,200.00 and gave the stock an "outperform" rating in a report on Wednesday, April 29th. Wall Street Zen raised shares of Sandisk from a "buy" rating to a "strong-buy" rating in a report on Saturday, January 31st. The Goldman Sachs Group reaffirmed a "buy" rating and issued a $1,200.00 price objective on shares of Sandisk in a report on Friday, May 1st. Weiss Ratings raised shares of Sandisk from a "hold (c+)" rating to a "buy (b-)" rating in a report on Wednesday, May 20th. Finally, Zacks Research raised shares of Sandisk from a "hold" rating to a "strong-buy" rating in a report on Friday, February 20th. Three research analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $1,207.14.

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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