Earned Wealth Advisors LLC Acquires Shares of 966 Sandisk Corporation $SNDK

Earned Wealth Advisors LLC bought a new position in Sandisk Corporation (NASDAQ:SNDK) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor bought 966 shares of the data storage provider’s stock, valued at approximately $229,000.

A number of other institutional investors have also modified their holdings of SNDK. Vanguard Group Inc. purchased a new stake in shares of Sandisk in the third quarter valued at approximately $1,970,388,000. State Street Corp purchased a new position in Sandisk during the 3rd quarter worth $491,053,000. Arrowstreet Capital Limited Partnership purchased a new position in Sandisk during the 3rd quarter worth $297,293,000. Bank of America Corp DE bought a new stake in Sandisk during the 3rd quarter valued at $190,425,000. Finally, AQR Capital Management LLC bought a new stake in Sandisk during the 3rd quarter valued at $163,057,000.

Analyst Ratings Changes

A number of research firms have recently issued reports on SNDK. Bank of America increased their price target on Sandisk from $850.00 to $900.00 and gave the stock a “buy” rating in a research report on Monday, March 23rd. Barclays lifted their price objective on Sandisk from $385.00 to $750.00 and gave the company an “equal weight” rating in a report on Monday, February 2nd. JPMorgan Chase & Co. assumed coverage on shares of Sandisk in a research note on Monday, December 8th. They issued a “neutral” rating and a $235.00 price objective for the company. Wedbush increased their target price on shares of Sandisk from $600.00 to $740.00 and gave the stock an “outperform” rating in a report on Friday, January 30th. Finally, Jefferies Financial Group raised their target price on shares of Sandisk from $600.00 to $700.00 and gave the company a “buy” rating in a research report on Friday, January 30th. 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. According to MarketBeat.com, Sandisk has an average 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 shares were sold at an average price of $627.53, for a total value of $2,196,355.00. Following 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 filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 0.21% of the company’s stock.

Sandisk Stock Performance

SNDK opened at $701.59 on Friday. The firm has a market cap of $103.55 billion, a price-to-earnings ratio of -92.44 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 $27.89 and a 12 month high of $777.60. The stock has a fifty day moving average price of $625.86 and a 200-day moving average price of $362.53.

Sandisk (NASDAQ:SNDK) last issued 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. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The company had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.67 billion. The company’s revenue was up 61.2% on a year-over-year basis.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Q2 beat and strong forward guide: management posted $3.03B in Q2 revenue, margin expansion near 50% and raised guidance (Q3 revenue $4.4B–$4.8B), supporting multi‑year hyperscaler/NAND demand narratives that favor continued share gains. Why I Am Rating SanDisk A Strong Buy
• Positive Sentiment: High analyst upside: Bernstein set a $1,000 price target and called post‑selloff concerns overblown, lending credibility to further upside and supporting buying on dips. SanDisk (SNDK) Stock: Bernstein Sets $1,000 Price Target Amid Post-TurboQuant Selloff
• Positive Sentiment: Short‑term momentum from analyst notes and guidance: bullish research and clearer visibility into hyperscaler demand catalyzed a recent sharp intraday rally (reported ~11% surge), driving momentum traders and option flows. SanDisk (SNDK) Stock Soars 11% Following Bullish Analyst Notes and Guidance Boost
• Positive Sentiment: Wall Street defense / buy‑the‑pullback calls: firms including Morgan Stanley and Mizuho have reiterated constructive views or Outperform ratings, which supports institutional buying on dips. Micron Stock and Sandisk Retreat. Why This Wall Street Firm Says to Buy the Pullback.
• Positive Sentiment: Strong relative performance: SNDK was one of the top‑performing S&P 500 names in Q1, which has attracted momentum investors and broader market attention. SanDisk was the top-performing S&P 500 stock in Q1. Can SNDK continue its run in Q1?
• Neutral Sentiment: Is it too late to buy? Several pieces discuss whether recent gains leave less upside and whether new buyers should wait for a pullback — useful for timing but not decisive on fundamentals. Is It Too Late To Consider Sandisk (SNDK) After Its Surging Share Price?
• Neutral Sentiment: Bull case vs. market positioning: some analysts still publish bull-case upside (e.g., mid‑40% scenarios), keeping the narrative mixed between momentum and profit‑taking. SanDisk Stock (SNDK) Beats the Entire S&P 500 in Q1 — Bull Case Still Predicts 44% Upside
• Negative Sentiment: Valuation and volatility concerns: critics warn AI‑memory rallies may have priced in a lot of growth (raising overvaluation risk), and sector events like the TurboQuant selloff have produced sharp short‑term pullbacks — increases trading risk and could trigger profit taking. Are Micron (MU) and SanDisk (SNDK) Stocks Overvalued after AI-Driven Rally?

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.