Apollon Wealth Management LLC Buys Shares of 1,275 Sandisk Corporation $SNDK

Apollon Wealth Management LLC bought a new stake in Sandisk Corporation (NASDAQ:SNDK) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,275 shares of the data storage provider’s stock, valued at approximately $303,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Osaic Holdings Inc. bought a new position in Sandisk in the second quarter valued at about $317,000. Corient Private Wealth LLC acquired a new stake in shares of Sandisk during the 2nd quarter worth approximately $353,000. GAMMA Investing LLC acquired a new stake in shares of Sandisk during the 3rd quarter worth approximately $439,000. Voya Investment Management LLC acquired a new stake in shares of Sandisk during the 3rd quarter worth approximately $8,917,000. Finally, Perpetual Ltd bought a new position in shares of Sandisk during the 3rd quarter worth about $558,000.

Sandisk Stock Performance

Shares of NASDAQ:SNDK opened at $920.99 on Friday. The company has a 50-day moving average price of $682.54 and a 200-day moving average price of $415.11. The company has a market cap of $135.94 billion, a price-to-earnings ratio of -121.34 and a beta of 5.04. 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 Corporation has a 12 month low of $28.94 and a 12 month high of $965.00.

Sandisk (NASDAQ:SNDK) last issued its quarterly 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. The company 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%. Sandisk’s revenue was up 61.2% on a year-over-year basis.

Insiders Place Their Bets

In related news, Director Miyuki Suzuki sold 3,500 shares of the business’s stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $627.53, for a total value of $2,196,355.00. Following the completion of the transaction, the director directly owned 9,907 shares in the company, valued at $6,216,939.71. The trade was a 26.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.21% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of brokerages have recently weighed in on SNDK. Sanford C. Bernstein set a $1,250.00 target price on Sandisk and gave the stock an “outperform” rating in a research report on Thursday, April 9th. UBS Group set a $1,000.00 price target on shares of Sandisk in a research report on Monday, February 2nd. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sandisk in a research report on Monday, December 29th. The Goldman Sachs Group increased their price target on Sandisk from $320.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, January 30th. Finally, KGI Securities initiated coverage on shares of Sandisk in a research report on Wednesday, March 18th. They set an “outperform” rating and a $992.00 price target for the company. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $692.68.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Bank of America raised its price target to $1,080 and kept a “Buy” rating, giving another credible analyst boost to upside expectations. Benzinga: BofA raises PT
• Positive Sentiment: Evercore started coverage with an “Outperform” and a $1,200 target, highlighting institutional interest that could support further gains. Evercore initiation (TickerReport)
• Positive Sentiment: Multiple bullish research notes (Arete upgrade and other broker optimism) add to the analyst momentum driving demand. Arete upgrade
• Positive Sentiment: Market headlines point to a big retail/institutional surge after ceasefire-related rallies—one roundup shows SanDisk up sharply in a list of big winners. Macro geopolitics (oil/ceasefire) helped risk assets rally. Benzinga: stocks up after ceasefire claims
• Positive Sentiment: Sector research and feature pieces highlight SNDK as a momentum/AI-infrastructure play — analysts point to accelerating AI-driven NAND and enterprise‑SSD demand that underpin revenue and margin upside. Zacks: momentum pick Zacks: SNDK vs Marvell
• Positive Sentiment: Extreme bull cases (including high Evercore upside scenarios covered in media) are circulating and help sentiment—these are bullish but speculative. Yahoo Finance: big Evercore bull case
• Neutral Sentiment: Inclusion in the Nasdaq‑100 (effective Apr 20) is a clear technical catalyst that can increase index/ETF flows into SNDK; this may support near‑term buying but can also concentrate selling around rebalancing dates. MarketBeat: Nasdaq‑100 inclusion
• Neutral Sentiment: Commentary asking whether it’s “too late” after a 20x one‑year surge raises valuation and rotation questions; it signals increased scrutiny on fundamentals vs. momentum. Yahoo: valuation/rotation piece
• Negative Sentiment: Seeking Alpha pieces warn of near‑term volatility and a “sell‑the‑news” risk around the Nasdaq‑100 inclusion and upcoming earnings — they advise caution and suggest waiting for a technical pullback. Seeking Alpha: sell‑the‑news warning
• Negative Sentiment: Other commentary explicitly flags high short‑term volatility and the possibility of a meaningful pullback after the rapid run, underscoring the stock’s elevated beta and valuation risks. Seeking Alpha: volatility warning

Sandisk Company 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.