4,428 Shares in Sandisk Corporation $SNDK Purchased by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC bought a new stake in Sandisk Corporation (NASDAQ:SNDK) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 4,428 shares of the data storage provider’s stock, valued at approximately $497,000.

Other institutional investors also recently added to or reduced their stakes in the company. Osaic Holdings Inc. bought a new stake in shares of Sandisk in the second quarter valued at approximately $317,000. Corient Private Wealth LLC acquired a new position in Sandisk during the 2nd quarter valued at $353,000. Praxis Investment Management Inc. bought a new stake in Sandisk in the 3rd quarter valued at $533,000. GAMMA Investing LLC acquired a new stake in Sandisk in the 3rd quarter worth $439,000. Finally, Voya Investment Management LLC bought a new position in shares of Sandisk during the 3rd quarter worth about $8,917,000.

Insider Activity

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

Key Headlines Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Surging NAND prices are materially improving Sandisk’s pricing power and margins, reinforcing the thesis that memory tightness and AI/storage demand can sustain elevated profitability. Article Title
• Positive Sentiment: An analyst-derived price target lift (to ~$698) signals continued buy-side optimism and gives a valuation anchor above the trading level, supporting upside from further upgrades. Article Title
• Positive Sentiment: Rapid retail/ETF interest is amplifying flows into SNDK exposure — the new leveraged SNXX ETF gathered ~$650M in under a month, likely increasing short‑term liquidity and volatility (and providing additional demand for underlying shares). Article Title
• Positive Sentiment: Market commentaries highlight Sandisk’s central role in the AI storage supply squeeze — structural demand for NAND in data centers supports a multi‑quarter earnings tailwind. Article Title
• Neutral Sentiment: Valuation writeups note Sandisk’s sharp rally has bumped multiples; analysts are re‑examining fair value after the run — useful context but not an immediate catalyst. Article Title
• Neutral Sentiment: Options market and flow analyses show elevated retail/derivative activity — increases trading volume and gamma risk but ambiguous for direction. Article Title
• Negative Sentiment: Citron Research initiated a short/critical note arguing NAND is cyclical, Samsung dominates the market, and retail positioning is crowded — the short call sparked selling and increased downside risk if cycle turns. Article Title
• Negative Sentiment: Notable investor moves (e.g., reports that Stanley Druckenmiller exited SNDK) raise questions about near‑term positioning and can pressure the stock if large holders trim after the earnings‑driven run. Article Title

Sandisk Trading Down 4.2%

Shares of SNDK opened at $638.52 on Wednesday. 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 stock has a market cap of $94.25 billion and a PE ratio of -84.13. Sandisk Corporation has a 1 year low of $27.89 and a 1 year high of $725.00. The stock has a 50 day simple moving average of $444.97 and a 200-day simple moving average of $249.43.

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

Analyst Upgrades and Downgrades

SNDK has been the subject of several research reports. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $650.00 target price on shares of Sandisk in a research note on Friday, January 30th. Raymond James Financial raised Sandisk from a “market perform” rating to an “outperform” rating and set a $725.00 price target for the company in a report on Friday, January 30th. Bank of America raised their price objective on Sandisk from $300.00 to $390.00 and gave the stock a “buy” rating in a research report on Wednesday, January 7th. Cantor Fitzgerald boosted their price objective on Sandisk from $550.00 to $800.00 and gave the company an “overweight” rating in a research report on Friday, January 30th. Finally, Citigroup upped their target price on Sandisk from $490.00 to $750.00 and gave the company a “buy” rating in a research note on Monday, February 2nd. Two research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $542.85.

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.