Sandisk Corporation $SNDK Shares Purchased by CoreCap Advisors LLC

CoreCap Advisors LLC boosted its position in shares of Sandisk Corporation (NASDAQ:SNDK) by 2,735.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,503 shares of the data storage provider’s stock after purchasing an additional 1,450 shares during the quarter. CoreCap Advisors LLC’s holdings in Sandisk were worth $357,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Everhart Financial Group Inc. raised its stake in shares of Sandisk by 3.4% during the 4th quarter. Everhart Financial Group Inc. now owns 2,058 shares of the data storage provider’s stock worth $489,000 after buying an additional 67 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Sandisk by 18.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 752 shares of the data storage provider’s stock valued at $179,000 after acquiring an additional 116 shares during the last quarter. GAMMA Investing LLC grew its stake in Sandisk by 3.2% in the 4th quarter. GAMMA Investing LLC now owns 4,042 shares of the data storage provider’s stock valued at $959,000 after acquiring an additional 126 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in Sandisk during the 3rd quarter valued at about $27,000. Finally, CVA Family Office LLC acquired a new position in Sandisk during the third quarter worth about $28,000.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Analyst upgrade and structural thesis — A Seeking Alpha upgrade highlights structural industry improvements (AI data-center demand, tight supply) but cautions on buying near all‑time highs; the note appears to have supported the rally. Sandisk: Structural Industry Improvements, But Be Cautious Near All-Time Highs (Upgrade)
• Positive Sentiment: Strong recent results and AI-driven guidance — Coverage highlighting Sandisk’s 61% YoY revenue jump, ~51% margins and upbeat Q3 guidance reinforces the view that AI storage demand is real and durable. That fundamental momentum is a primary reason investors are buying the stock. SanDisk (SNDK) Stock Jumps 61% Year-Over-Year: Is AI Demand Sustainable?
• Positive Sentiment: Product mix and margin upside — Analysts at Zacks point to Sandisk’s shift into higher‑value SSDs and AI data‑center products as a driver of rapid profitability gains, supporting a higher earnings multiple. SNDK Leans Into High-Value Product Mix: Can It Sustain Margin Upside?
• Positive Sentiment: Memory supercycle narrative regained — 24/7 Wall St. reiterates that the memory supercycle driven by AI is far from over, which helped reverse last week’s selloff and lift SNDK. SanDisk Gains 5%: 3 Reasons the Memory Supercycle Is Far From Over
• Neutral Sentiment: Short-term analyst/market activity — Pre-market coverage noting a bounce in Micron and Sandisk after a sharp selloff suggests traders are buying the dip; helpful for momentum but not a long-term signal. Micron (MU) and SanDisk (SNDK) Stocks Are Rising in Pre-Market Today — Why Analysts Say the Bounce May Continue
• Neutral Sentiment: Upcoming catalyst — Sandisk set its fiscal Q3 earnings call for April 30; this is the next major event that could confirm sustainability of revenue/margin trends. Sandisk to Report Fiscal Third Quarter Results on April 30, 2026
• Negative Sentiment: Sector cool-off and technical risks — Broader coverage (Investopedia) notes that memory stocks, after being one of 2025’s hottest trades, have cooled; investors should be wary of mean reversion and volatile swings. Memory Stocks Were One of 2025’s Hottest Trades. Now They’ve Cooled Off.
• Negative Sentiment: Compression risk from AI software — Recent market moves were partly driven by fears that software-level memory compression (e.g., Alphabet’s TurboQuant) could reduce hardware demand; several notes warn this is a risk to future growth and could pressure multiples. After Falling Nearly 9% Last Week, Has Alphabet Lost Its Edge? (SNDK)

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Sanford C. Bernstein upped their price target on shares of Sandisk from $300.00 to $580.00 and gave the company an “outperform” rating in a report on Wednesday, January 14th. Susquehanna raised their price objective on shares of Sandisk from $250.00 to $300.00 and gave the stock a “positive” rating in a research note on Monday, December 8th. Citigroup lifted their price objective on Sandisk from $750.00 to $875.00 and gave the stock a “buy” rating in a research report on Thursday, March 19th. Morgan Stanley set a $690.00 target price on Sandisk in a research note on Friday, January 30th. Finally, Wall Street Zen upgraded Sandisk from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating, six have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Sandisk presently has a consensus rating of “Moderate Buy” and a consensus target price of $594.48.

Insider Activity at Sandisk

In other news, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The stock was sold at an average price of $627.53, for a total value of $2,196,355.00. Following the transaction, the director directly owned 9,907 shares in the company, valued at $6,216,939.71. This trade represents a 26.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.21% of the stock is currently owned by company insiders.

Sandisk Stock Up 11.0%

Shares of NASDAQ SNDK opened at $635.34 on Wednesday. The stock has a market capitalization of $93.78 billion and a PE ratio of -83.71. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. The firm has a fifty day moving average of $613.51 and a 200-day moving average of $353.48. Sandisk Corporation has a 52-week low of $27.89 and a 52-week high of $777.60.

Sandisk (NASDAQ:SNDK) last issued its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, topping 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 firm’s revenue for the quarter was up 61.2% compared to the same quarter last year.

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.