Deprince Race & Zollo Inc. Reduces Stock Position in Sandisk Corporation $SNDK

Deprince Race & Zollo Inc. lowered its position in shares of Sandisk Corporation (NASDAQ:SNDK) by 63.2% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 129,482 shares of the data storage provider’s stock after selling 222,390 shares during the period. Deprince Race & Zollo Inc. owned about 0.09% of Sandisk worth $30,736,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in SNDK. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new stake in Sandisk during the 3rd quarter valued at $27,000. CVA Family Office LLC purchased a new stake in Sandisk during the 3rd quarter valued at $28,000. Westfuller Advisors LLC boosted its position in Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after buying an additional 43 shares during the period. Parallel Advisors LLC purchased a new stake in Sandisk during the 3rd quarter valued at $30,000. Finally, Northwestern Mutual Wealth Management Co. purchased a new stake in Sandisk during the 3rd quarter valued at $32,000.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on SNDK. Citigroup increased their price target on shares of Sandisk from $750.00 to $875.00 and gave the company a “buy” rating in a research report on Thursday, March 19th. Sanford C. Bernstein set a $1,250.00 price target on shares of Sandisk and gave the company an “outperform” rating in a research report on Thursday. Cantor Fitzgerald increased their price target on shares of Sandisk from $800.00 to $1,000.00 and gave the company an “overweight” rating in a research report on Thursday. Zacks Research raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $650.00 target price on shares of Sandisk in a research report on Friday, January 30th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $654.95.

Sandisk Price Performance

NASDAQ:SNDK opened at $851.77 on Monday. 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 debt-to-equity ratio of 0.06, a quick ratio of 1.92 and a current ratio of 3.11. Sandisk Corporation has a fifty-two week low of $28.27 and a fifty-two week high of $873.95. The firm has a 50-day simple moving average of $652.35 and a two-hundred day simple moving average of $390.41.

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

Insiders Place Their Bets

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were 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 in the company, valued at approximately $6,216,939.71. This trade represents a 26.11% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.21% of the company’s stock.

Trending Headlines about Sandisk

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

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.