Rep. Lisa C. McClain Purchases Shares of Sandisk Corporation (NASDAQ:SNDK)

Representative Lisa C. McClain (R-Michigan) recently bought shares of Sandisk Corporation (NASDAQ:SNDK). In a filing disclosed on November 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Sandisk stock on October 30th. The trade occurred in the Representative’s “CHARLES SCHWAB 401K > SCHWAB 893” account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Alibaba Group (NYSE:BABA) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Coherent (NYSE:COHR) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Clorox (NYSE:CLX) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Northern Trust (NASDAQ:NTRS) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Honda Motor (NYSE:HMC) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Home BancShares (NYSE:HOMB) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Five Below (NASDAQ:FIVE) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of Pure Storage (NYSE:PSTG) on 10/31/2025.
• Sold $1,001 – $15,000 in shares of BHP Group (NYSE:BHP) on 10/31/2025.

Sandisk Stock Performance

NASDAQ SNDK opened at $220.50 on Wednesday. The company’s 50-day simple moving average is $168.41 and its 200 day simple moving average is $89.31. The company has a quick ratio of 2.03, a current ratio of 3.29 and a debt-to-equity ratio of 0.14. Sandisk Corporation has a twelve month low of $27.89 and a twelve month high of $284.76. The stock has a market cap of $32.31 billion and a P/E ratio of 689.06.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, November 6th. The data storage provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $0.58 by $0.64. The business had revenue of $2.31 billion during the quarter, compared to analyst estimates of $2.12 billion. Sandisk’s quarterly revenue was up 22.6% compared to the same quarter last year. Sandisk has set its Q2 2026 guidance at 3.000-3.40 EPS.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the business. Osaic Holdings Inc. purchased a new position in Sandisk during the second quarter valued at approximately $317,000. Corient Private Wealth LLC bought a new position in shares of Sandisk in the 2nd quarter worth approximately $353,000. Praxis Investment Management Inc. bought a new stake in shares of Sandisk in the 3rd quarter worth approximately $533,000. GAMMA Investing LLC purchased a new stake in shares of Sandisk during the third quarter valued at approximately $439,000. Finally, Voya Investment Management LLC bought a new stake in shares of Sandisk in the third quarter worth approximately $8,917,000.

Analysts Set New Price Targets

Several research firms have issued reports on SNDK. Barclays lifted their price target on Sandisk from $39.00 to $220.00 and gave the company an “equal weight” rating in a research note on Monday, November 10th. Susquehanna raised their price target on Sandisk from $65.00 to $250.00 and gave the stock a “positive” rating in a research report on Friday, November 7th. UBS Group reissued an “overweight” rating and issued a $230.00 target price on shares of Sandisk in a report on Monday, November 3rd. Wall Street Zen upgraded shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Saturday, November 15th. Finally, Zacks Research raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research note on Friday, November 14th. Three equities research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $193.88.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan’s 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027.

McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan’s 9th Congressional District. She declared candidacy for the 2026 election.

Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor’s degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

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.