2,748 Shares in Sandisk Corporation $SNDK Acquired by Caerus Investment Advisors LLC

Caerus Investment Advisors LLC purchased a new stake in Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 2,748 shares of the data storage provider’s stock, valued at approximately $308,000.

Several other institutional investors have also modified their holdings of the business. Vanguard Personalized Indexing Management LLC acquired a new position in shares of Sandisk during the third quarter worth about $1,136,000. New York State Teachers Retirement System purchased a new stake in shares of Sandisk during the third quarter worth approximately $13,546,000. Sage Rhino Capital LLC acquired a new stake in Sandisk in the third quarter valued at approximately $587,000. Y Intercept Hong Kong Ltd purchased a new position in Sandisk in the third quarter worth approximately $7,046,000. Finally, Sumitomo Mitsui Trust Group Inc. purchased a new position in Sandisk in the third quarter worth approximately $514,000.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: KGI Securities initiated coverage with an “Outperform” rating and a $992 price target (~31.6% above current levels), providing fresh analyst support and a clear upside anchor for the stock. KGI starts coverage on Sandisk
• Positive Sentiment: SanDisk announced multi‑year AI data‑center supply deals, a revenue‑visibility development that underpins durable NAND demand and supports margin expansion. Sandisk Is Up After Locking In Multi‑Year AI Data Center Supply Deals
• Positive Sentiment: Analyst and commentary pieces highlight a sustained AI‑driven NAND boom: gross margins have jumped (management guided 65–67% next quarter), and consensus FY2027 EPS expectations point to still‑reasonable multiples — all supporting further upside if execution continues. SanDisk’s Quiet AI Boom Could Still Surprise Investors
• Positive Sentiment: Reports of “big money” institutional buys and persistent inflows are fueling momentum; that flow dynamic amplifies price moves and investor interest. See SanDisk Rise on Big Money Buys
• Positive Sentiment: SNDK is being flagged as one of the S&P 500’s top performers year‑to‑date, which attracts momentum traders and benchmark investors. The S&P 500’s 3 Best-Performing Stocks So Far in 2026
• Neutral Sentiment: Several media pieces dig into the Q4 results and what’s driving performance (useful for fundamentals context but not new catalyst news). What makes Sandisk a strong performer in Q4?
• Neutral Sentiment: General market/strategy pieces (Zacks) and short notes on market rallies reference Sandisk as an example of momentum — useful background but not direct company news. 3 First Principles for Mastering the Market Seeking Big Gains? 3 Key Traits
• Neutral Sentiment: Market‑wide rallies and short‑term sentiment trends (social media, broader relief rallies) have helped lift SNDK alongside peers. Sandisk Climbs, Mirrors Market Rally
• Negative Sentiment: Significant insider sales and large institutional reductions (e.g., major asset managers trimming multi‑million share positions) were reported — these moves can cap upside, increase supply pressure and raise volatility despite positive fundamentals. Social‑media‑driven trading and recent sharp rallies also prompt warnings about profit‑taking. QuiverQuant: Opinions on 50% Weekly Surge (insiders & institutions)

Sandisk Trading Up 4.7%

Shares of Sandisk stock opened at $753.69 on Thursday. The company has a market capitalization of $111.24 billion and a P/E ratio of -99.30. The stock has a fifty day simple moving average of $565.08 and a 200 day simple moving average of $313.59. Sandisk Corporation has a 12-month low of $27.89 and a 12-month high of $761.52. 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 (NASDAQ:SNDK) last posted its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.31 by $2.89. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. The firm had revenue of $3.03 billion during the quarter, compared to analyst estimates of $2.67 billion. The company’s revenue was up 61.2% on a year-over-year basis.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on SNDK shares. UBS Group set a $1,000.00 price objective on shares of Sandisk in a research report on Monday, February 2nd. Weiss Ratings reiterated a “sell (d+)” rating on shares of Sandisk in a research note on Monday, December 29th. China Renaissance initiated coverage on Sandisk in a report on Friday, December 5th. They issued a “buy” rating and a $322.00 target price on the stock. Citigroup raised their price target on Sandisk from $490.00 to $750.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $650.00 price target on shares of Sandisk in a report on Friday, January 30th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating, six have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $564.24.

Insider Activity

In related news, Director Miyuki Suzuki sold 3,500 shares of the stock in a transaction that occurred 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 completion of the sale, the director directly owned 9,907 shares of the company’s stock, 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 legal filing with the SEC, which can be accessed through this link. 0.21% of the stock is currently owned by corporate insiders.

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.