Jackson Thornton Wealth Management LLC Invests $200,000 in Sandisk Corporation $SNDK

Jackson Thornton Wealth Management LLC purchased a new stake in Sandisk Corporation (NASDAQ:SNDK) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 1,781 shares of the data storage provider’s stock, valued at approximately $200,000.

Several other institutional investors also recently bought and sold shares of SNDK. Cromwell Holdings LLC bought a new stake in Sandisk during the 3rd quarter valued at $39,000. True Wealth Design LLC bought a new stake in shares of Sandisk in the third quarter valued at about $40,000. Webster Bank N. A. bought a new position in Sandisk during the 3rd quarter worth about $45,000. Global Retirement Partners LLC purchased a new position in Sandisk during the 3rd quarter valued at about $49,000. Finally, Mather Group LLC. purchased a new position in Sandisk during the 3rd quarter valued at about $60,000.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Institutional rotation into storage/memory: Analysts and market commentators say AI spending is shifting from GPUs to high‑speed storage (checkpointing, data-center SSDs), creating a structural supply squeeze that boosts SanDisk’s pricing power and margins. Forget the Chips, Buy Memory: Why AI Money Is Moving to Storage
• Positive Sentiment: Analyst price-target upgrades: Citi and other firms have raised targets (Citi to $490 cited), and at least one shop boosted its target ~75%, reinforcing bullish analyst sentiment and drawing fresh buying. Sandisk Stock Continues Meteoric Rise. It’s the Top Stock in the S&P 500 Today.
• Positive Sentiment: Momentum/technical breakout and record highs: Multiple outlets report a pennant breakout and all‑time highs on heavy volume, attracting momentum traders and amplifying gains. SanDisk (SNDK) Stock: This 1,100% Winner Just Hit Another All-Time High
• Neutral Sentiment: Upcoming earnings as catalyst: SanDisk heads into a near‑term earnings report (late January) with elevated expectations (consensus/estimates have risen); results could reinforce the rally or trigger a reset. SanDisk Stock Soars to Record High Ahead of Q2 Earnings – Buy Now or Wait?
• Neutral Sentiment: High‑profile endorsements: Media/TV bullish comments (e.g., Jim Cramer) are supporting sentiment but primarily drive flows rather than fundamentals. Jim Cramer Says AI Stocks Micron and Sandisk Can Go Even Higher
• Negative Sentiment: Technical/mean‑reversion risk: Several technical writeups warn SNDK is very overbought after a steep run — raises the chance of a sharp pullback or consolidation. Stock Of The Day: When Will The SanDisk Rally End?
• Negative Sentiment: Valuation and concentration risk: The stock’s run implies very rich multiples and heavy short‑term positioning; if supply/demand dynamics or earnings miss expectations, downside could be swift. Sandisk Rips Higher, Tops S&P 500

Insider Activity

In other news, Director Necip Sayiner sold 1,271 shares of the business’s 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 transaction, the director directly owned 3,479 shares in the company, valued at $678,892.06. The trade was a 26.76% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.21% of the stock is currently owned by company insiders.

Analyst Ratings Changes

SNDK has been the topic of a number of recent research reports. Morgan Stanley increased their price objective on shares of Sandisk from $263.00 to $273.00 and gave the company an “overweight” rating in a research note on Monday, November 24th. Wall Street Zen cut Sandisk from a “strong-buy” rating to a “buy” rating in a research report on Saturday, December 27th. Wells Fargo & Company lifted their price target on Sandisk from $230.00 to $380.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $320.00 price target on shares of Sandisk in a research report on Friday, January 9th. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Sandisk in a report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, seven have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $327.89.

Sandisk Trading Up 10.6%

NASDAQ SNDK opened at $501.29 on Thursday. The stock has a market capitalization of $73.46 billion and a PE ratio of 1,566.53. The firm has a 50 day moving average of $270.43 and a two-hundred day moving average of $156.85. The company has a quick ratio of 2.03, a current ratio of 3.29 and a debt-to-equity ratio of 0.14. Sandisk Corporation has a 52 week low of $27.89 and a 52 week high of $501.95.

Sandisk (NASDAQ:SNDK) last posted its earnings results on Thursday, November 6th. The data storage provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $0.58 by $0.64. The company had revenue of $2.31 billion during the quarter, compared to analysts’ expectations 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 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.