Nisa Investment Advisors LLC Purchases New Shares in Sandisk Corporation $SNDK

Nisa Investment Advisors LLC purchased a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 29,037 shares of the data storage provider’s stock, valued at approximately $3,258,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Voya Investment Management LLC bought a new position in shares of Sandisk during the third quarter valued at about $8,917,000. Romano Brothers AND Company purchased a new stake in Sandisk during the 3rd quarter valued at about $693,000. Deprince Race & Zollo Inc. purchased a new stake in Sandisk during the 3rd quarter valued at about $39,480,000. CWM LLC bought a new position in Sandisk during the 3rd quarter worth approximately $7,374,000. Finally, Miracle Mile Advisors LLC purchased a new position in Sandisk in the 3rd quarter worth approximately $1,151,000.

Sandisk Price Performance

Shares of NASDAQ SNDK opened at $389.27 on Tuesday. Sandisk Corporation has a 1 year low of $27.89 and a 1 year high of $395.16. The stock has a market capitalization of $57.05 billion and a P/E ratio of 1,216.47. The company’s 50-day moving average is $244.68 and its 200 day moving average is $139.00. The company has a debt-to-equity ratio of 0.14, a current ratio of 3.29 and a quick ratio of 2.03.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, November 6th. The data storage provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $0.58 by $0.64. The firm had revenue of $2.31 billion for the quarter, compared to the consensus estimate of $2.12 billion. The firm’s revenue for the quarter was up 22.6% on a year-over-year basis. Sandisk has set its Q2 2026 guidance at 3.000-3.40 EPS.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Reports that SanDisk could double 3D NAND prices drove investor enthusiasm — higher pricing would materially boost margins and revenue if sustained. As SanDisk Eyes Doubling Memory Prices, Should You Buy Red-Hot SNDK Stock?
• Positive Sentiment: A WSJ piece highlights AI-driven memory shortages and explains why producers (including SanDisk) are not rapidly expanding supply — supportive for pricing and industry profitability. AI Is Causing a Memory Shortage. Why Producers Aren’t Rushing to Make a Lot More.
• Positive Sentiment: Analysis noting strong demand, constrained supply and solid pricing as a platform for growth reinforces the positive thesis for sustained earnings momentum. As SanDisk Kicks Off 2026 Strong, Can SNDK’s Stock Rally Hold?
• Positive Sentiment: Feature coverage (Forbes) on the stock’s 55% one‑month jump highlights momentum investing and greater market attention — that can keep flows into the stock in the near term. Here’s Why Sandisk Stock Rose 55 In A Month
• Neutral Sentiment: Trading/teaching content (Prosper Trading Academy) highlights SNDK as an options/short‑term trade idea — increases visibility but not a fundamental endorsement. The Big 3: SNDK, BIDU, COF
• Neutral Sentiment: Coverage placing SanDisk among 2025 top S&P performers reminds investors of cyclical upside but also raises questions about valuation after the rally. These Were the S&P 500’s Top Performers in 2025. Are They Still Good Buys in 2026?
• Negative Sentiment: Short interest rose notably in December to 8,816,510 shares (about 6.0% of shares outstanding), up 27.2% vs. mid‑December; short‑interest ratio ~1.3 days — elevated short positions increase potential volatility and could cap near‑term upside or fuel squeezes. (Data entry: Dec. 31 short interest)
• Neutral Sentiment: A Jan. 12 short‑interest data line showing 0 shares appears to be a reporting glitch and should be treated cautiously until reconciled.
• Neutral Sentiment: Some articles ask whether the recent rally is overextended, signaling investor caution about valuation and near‑term pullbacks. Is It Too Late To Consider Sandisk (SNDK) After Its Recent 83% Monthly Surge?

Analysts Set New Price Targets

SNDK has been the topic of several recent analyst reports. UBS Group restated an “overweight” rating and issued a $230.00 target price on shares of Sandisk in a report on Monday, November 3rd. Wall Street Zen cut shares of Sandisk from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 27th. Zacks Research upgraded shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Friday, November 14th. Susquehanna upped their price objective on shares of Sandisk from $250.00 to $300.00 and gave the company a “positive” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group reissued a “buy” rating and issued a $320.00 target price on shares of Sandisk in a research note on Friday. Three research analysts have rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, six have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $239.17.

Insiders Place Their Bets

In related news, Director Necip Sayiner sold 1,271 shares of the company’s stock in a transaction on Wednesday, December 3rd. The stock was sold at an average price of $195.14, for a total value of $248,022.94. Following the sale, the director directly owned 3,479 shares of the company’s stock, valued at $678,892.06. This represents a 26.76% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.21% of the stock is currently owned by insiders.

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.