Entropy Technologies LP Purchases Shares of 33,046 Sandisk Corporation $SNDK

Entropy Technologies LP purchased a new position in shares of Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 33,046 shares of the data storage provider’s stock, valued at approximately $3,708,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Founders Capital Management bought a new position in shares of Sandisk during the 3rd quarter valued at about $50,000. Quadrature Capital Ltd bought a new stake in Sandisk in the 3rd quarter worth approximately $42,122,000. Arrowstreet Capital Limited Partnership purchased a new stake in Sandisk in the third quarter worth approximately $297,293,000. Invesco Ltd. purchased a new stake in Sandisk in the third quarter worth approximately $78,771,000. Finally, Employees Retirement System of Texas bought a new position in Sandisk during the third quarter valued at approximately $4,209,000.

Insider Activity

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the business’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 transaction, the director owned 9,907 shares in the company, valued at approximately $6,216,939.71. The trade was a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

SNDK has been the topic of several research reports. Wall Street Zen raised shares of Sandisk from a “buy” rating to a “strong-buy” rating in a research note on Saturday, January 31st. Citigroup increased their target price on shares of Sandisk from $490.00 to $750.00 and gave the company a “buy” rating in a report on Monday, February 2nd. China Renaissance began coverage on shares of Sandisk in a research report on Friday, December 5th. They issued a “buy” rating and a $322.00 target price on the stock. Susquehanna boosted their price target 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. Finally, Morgan Stanley set a $690.00 price target on shares of Sandisk in a research report on Friday, January 30th. Two equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $542.85.

Sandisk Stock Performance

NASDAQ:SNDK opened at $618.82 on Friday. The company has a debt-to-equity ratio of 0.06, a quick ratio of 1.92 and a current ratio of 3.11. Sandisk Corporation has a fifty-two week low of $27.89 and a fifty-two week high of $725.00. The firm has a market cap of $91.34 billion and a PE ratio of -81.53. The business has a 50 day moving average price of $533.34 and a 200-day moving average price of $293.36.

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

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: AI-driven NAND demand and pricing momentum are lifting Sandisk’s outlook — industry reports and analyst commentary point to tightening NAND supply and sharp near-term price gains, which support higher margins and cash generation for pure-play NAND suppliers like SNDK. Sandisk Surges on AI Storage Demand: Is the Rally Already Priced In?
• Positive Sentiment: Product roadmap and data center wins — Gen5 TLC and BiCS8 TLC/QLC pipeline progress (including a second hyperscaler nod for Gen5) reinforce expectations for a higher-margin data center SSD mix over coming quarters. These technology wins support revenue leverage if adoption continues. Gen5 TLC, BiCS8 Pipeline Power Sandisk’s Data Center Growth Ambitions
• Positive Sentiment: Strategic partnership activity — SanDisk joining SK Hynix collaboration to develop high‑bandwidth flash for AI signals deeper industry alignment on AI-optimized NAND, which can expand addressable market for SanDisk’s AI/data-center solutions. Sandisk Joins SK Hynix To Shape High Bandwidth Flash For AI
• Neutral Sentiment: New leveraged ETF listings include SNDK — 2x leveraged ETFs that reference SanDisk can increase trading volume and intraday volatility (both amplifying rallies and pullbacks) but don’t change fundamentals. Nvidia isn’t alone: SanDisk, Pan American Silver now have 2X leveraged ETFs
• Neutral Sentiment: Management presentation/transcript — Recent Cantor conference remarks provide more color on execution and guidance; useful for conviction but not an immediate catalyst unless guidance changes materially. SanDisk Presents at 2026 Cantor Conference Transcript
• Negative Sentiment: Valuation and “rally already priced in” debate — some analysts warn the stock’s rapid run-up and high multiples raise timing risk; investors may be booking gains or waiting for confirmation that pricing/margins will sustain. Sandisk Surges on AI Storage Demand: Is the Rally Already Priced In?
• Negative Sentiment: Large institutional/insider selling and secondary share dynamics — recent filings and reporting show notable institutional reductions and insider sales; combined with a priced secondary by Western Digital (SanDisk not selling), this can create perceived supply overhang and weigh on the stock near-term. SanDisk gains as investors stay bullish on AI-driven NAND pricing momentum

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.