Yousif Capital Management LLC Sells 29,822 Shares of Sandisk Corporation $SNDK

Key Points

• Yousif Capital Management cut its Sandisk stake by 66.4%, selling 29,822 shares and leaving 15,106 shares worth $3.586 million per its latest 13F filing.
• Sandisk posted a strong quarter — EPS $6.20 (vs. $3.31) and revenue $3.03B (up 61.2%) — fueling analyst upgrades and bullish price targets (some up to $1,000–$1,250) as shares trade near recent highs.
• However, the MarketBeat consensus is a Moderate Buy with a $654.95 target, and the stock carries elevated risk from high beta and stretched valuation that could prompt sharp reversals if NAND pricing or upcoming results disappoint.

Yousif Capital Management LLC cut its stake in Sandisk Corporation (NASDAQ:SNDK - Free Report) by 66.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 15,106 shares of the data storage provider's stock after selling 29,822 shares during the quarter. Yousif Capital Management LLC's holdings in Sandisk were worth $3,586,000 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of SNDK. Vanguard Group Inc. bought a new stake in Sandisk in the third quarter worth $1,970,388,000. State Street Corp bought a new stake in Sandisk in the third quarter worth $491,053,000. Arrowstreet Capital Limited Partnership bought a new stake in Sandisk in the third quarter worth $297,293,000. Bank of America Corp DE purchased a new stake in Sandisk in the third quarter worth $190,425,000. Finally, AQR Capital Management LLC bought a new stake in shares of Sandisk during the third quarter worth $163,057,000.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on SNDK shares. Weiss Ratings reiterated a "sell (d+)" rating on shares of Sandisk in a research report on Monday, December 29th. Royal Bank Of Canada reiterated a "sector perform" rating and set a $650.00 target price on shares of Sandisk in a research report on Friday, January 30th. Cantor Fitzgerald lifted their target price on Sandisk from $800.00 to $1,000.00 and gave the stock an "overweight" rating in a research report on Thursday. Morgan Stanley set a $690.00 target price on Sandisk in a research report on Friday, January 30th. Finally, Wedbush lifted their target price on Sandisk from $600.00 to $740.00 and gave the stock an "outperform" rating in a research report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $654.95.

Sandisk Stock Performance

Shares of Sandisk stock opened at $851.77 on Friday. The firm has a market cap of $125.72 billion, a P/E ratio of -112.22 and a beta of 5.04. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. Sandisk Corporation has a 12 month low of $28.27 and a 12 month high of $873.95. The stock's fifty day moving average price is $652.35 and its 200-day moving average price is $386.44.

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

Insider Activity at Sandisk

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

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analyst bullishness: Bernstein and several street firms have issued aggressive price targets (Bernstein $1,250 and others at $1,000), citing underappreciated upside from stronger-than-expected NAND pricing and robust AI data-center demand — a primary reason traders are buying SNDK. Bernstein Sees 47% Upside In SanDisk Stock On Strong NAND Pricing
• Positive Sentiment: Structural growth thesis: Analysts and commentators point to SanDisk becoming a pure‑play NAND beneficiary of the AI/data‑center cycle, backed by supply discipline and new product nodes (BiCS8, “Stargate”) that should support margins and revenue. This narrative is supporting higher valuation multiples. SanDisk's Rally Is Backed By Something Bigger
• Positive Sentiment: Multiple price-target upgrades and reiterations: Mizuho, Cantor Fitzgerald and others either raised targets or reaffirmed outperform/overweight calls this week, which is fueling momentum and ETF/trader flows into the memory trade. SanDisk Stock Captures More Records on Lofty Bull Note
• Neutral Sentiment: Earnings as a catalyst: SanDisk reports Q3 fiscal 2026 on April 30 — strong results (higher pricing, hyperscaler demand) could extend the run, while any softness would likely trigger a pullback; investors are positioning ahead of the print. SanDisk Stock Is Exploding Higher—Is SNDK a Buy Before April 30 Earnings?
• Neutral Sentiment: Sector momentum: Coverage noting SanDisk as a standout in the broader memory/storage rally is drawing inflows from thematic funds and rotation into “AI memory” names. This helps explain broad-based demand but can reverse if flows fade. Intel, Sandisk and Other Big Winners in the S&P 500's Hot Streak
• Negative Sentiment: Heightened risk/valuation stretch: Social‑driven momentum, heavy options activity and commentators warning of froth create downside risk — a disappointing print or cooling NAND prices could prompt sharp reversals given the stock’s high beta. SanDisk Stock (SNDK) Opinions on AI Memory Demand Rally
• Negative Sentiment: Short‑term pullbacks already seen: After a record run, intraday slips and consolidation occurred as some traders took profits; momentum can flip quickly in this environment. Sandisk Shares Slip Friday After Record Run Fueled By AI Memory Trade

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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