Deprince Race & Zollo Inc. Makes New Investment in Sandisk Corporation $SNDK

Deprince Race & Zollo Inc. acquired a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 351,872 shares of the data storage provider’s stock, valued at approximately $39,480,000. Deprince Race & Zollo Inc. owned about 0.24% of Sandisk at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Voya Investment Management LLC purchased a new stake in Sandisk during the 3rd quarter valued at about $8,917,000. Perpetual Ltd bought a new stake in Sandisk in the third quarter valued at approximately $558,000. Yousif Capital Management LLC purchased a new stake in shares of Sandisk during the third quarter valued at approximately $5,041,000. Brighton Jones LLC bought a new position in shares of Sandisk in the third quarter worth approximately $989,000. Finally, ARS Investment Partners LLC bought a new position in shares of Sandisk in the third quarter worth approximately $248,000.

Insider Buying and Selling at Sandisk

In related news, Director Necip Sayiner sold 1,271 shares of Sandisk stock in a transaction that occurred on Wednesday, December 3rd. The stock was sold at an average price of $195.14, for a total transaction of $248,022.94. Following the sale, the director directly owned 3,479 shares in the company, valued at $678,892.06. The trade was a 26.76% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Cantor Fitzgerald upped their price target on shares of Sandisk from $240.00 to $300.00 and gave the company an “overweight” rating in a report on Friday, November 7th. Bank of America boosted their price objective on shares of Sandisk from $270.00 to $300.00 and gave the company a “buy” rating in a research report on Thursday, November 20th. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sandisk in a report on Monday, December 22nd. UBS Group reissued an “overweight” rating and issued a $230.00 target price on shares of Sandisk in a research note on Monday, November 3rd. Finally, Zacks Research raised Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Three investment analysts have rated the stock with a Strong Buy rating, twelve have given a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $213.33.

Sandisk Trading Down 0.0%

Shares of SNDK opened at $250.05 on Friday. Sandisk Corporation has a 1-year low of $27.89 and a 1-year high of $284.76. The company has a current ratio of 3.29, a quick ratio of 2.03 and a debt-to-equity ratio of 0.14. The firm’s 50-day moving average price is $217.54 and its 200-day moving average price is $118.61. The firm has a market capitalization of $36.64 billion and a price-to-earnings ratio of 781.41.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings results on Thursday, November 6th. The data storage provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.58 by $0.64. The company had revenue of $2.31 billion during the quarter, compared to the consensus estimate 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.

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.