Rep. Gilbert Ray Cisneros, Jr. Buys Sandisk Corporation (NASDAQ:SNDK) Shares

Posted by Defense World Staff on Feb 22nd, 2026

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Sandisk Corporation (NASDAQ:SNDK). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Sandisk stock on January 9th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

Sandisk Trading Up 4.6%

SNDK opened at $649.97 on Friday. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. The firm has a market cap of $95.94 billion and a price-to-earnings ratio of -85.64. Sandisk Corporation has a 12 month low of $27.89 and a 12 month high of $725.00. The stock has a fifty day moving average price of $427.09 and a 200-day moving average price of $239.43.

Sandisk (NASDAQ:SNDK – Get Free Report) last posted its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.31 by $2.89. The company 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 company’s revenue for the quarter was up 61.2% compared to the same quarter last year.

Insider Buying and Selling at Sandisk

In related news, Director Necip Sayiner sold 1,271 shares of the business’s stock in a transaction on Wednesday, December 3rd. The shares were sold at an average price of $195.14, for a total value of $248,022.94. Following the completion of the transaction, the director directly owned 3,479 shares in the company, valued at $678,892.06. The trade was a 26.76% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. 0.21% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Bank of America lifted their price objective on shares of Sandisk from $300.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. The Goldman Sachs Group lifted their price target on shares of Sandisk from $320.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Citigroup upped their price target on Sandisk from $490.00 to $750.00 and gave the stock a “buy” rating in a research report on Monday, February 2nd. Cantor Fitzgerald raised their price objective on Sandisk from $550.00 to $800.00 and gave the stock an “overweight” rating in a research report on Friday, January 30th. Finally, Weiss Ratings restated a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, seven have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $542.85.

View Our Latest Analysis on SNDK

Institutional Investors Weigh In On Sandisk

Large investors have recently made changes to their positions in the stock. Blair William & Co. IL lifted its holdings in shares of Sandisk by 0.3% in the 4th quarter. Blair William & Co. IL now owns 5,287 shares of the data storage provider’s stock valued at $1,255,000 after buying an additional 17 shares during the period. Larson Financial Group LLC lifted its holdings in Sandisk by 20.2% in the fourth quarter. Larson Financial Group LLC now owns 220 shares of the data storage provider’s stock valued at $52,000 after acquiring an additional 37 shares during the period. Composition Wealth LLC lifted its holdings in Sandisk by 0.4% in the fourth quarter. Composition Wealth LLC now owns 10,299 shares of the data storage provider’s stock valued at $2,445,000 after acquiring an additional 41 shares during the period. Westfuller Advisors LLC boosted its position in Sandisk by 51.8% in the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after purchasing an additional 43 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its stake in shares of Sandisk by 4.4% during the 4th quarter. Parkside Financial Bank & Trust now owns 1,099 shares of the data storage provider’s stock worth $261,000 after purchasing an additional 46 shares during the period.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Sandisk Company Profile

(Get Free Report)

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.