Quadrature Capital Ltd Acquires Shares of 375,653 Sandisk Corporation $SNDK

Quadrature Capital Ltd acquired a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor acquired 375,653 shares of the data storage provider’s stock, valued at approximately $42,122,000. Quadrature Capital Ltd owned about 0.26% of Sandisk at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the company. Vanguard Group Inc. bought a new position in Sandisk during the 3rd quarter valued at approximately $1,970,388,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of Sandisk in the 3rd quarter worth approximately $297,293,000. Victory Capital Management Inc. bought a new stake in shares of Sandisk in the 3rd quarter worth approximately $120,363,000. Parnassus Investments LLC purchased a new position in shares of Sandisk during the third quarter valued at approximately $103,815,000. Finally, Dimensional Fund Advisors LP purchased a new position in shares of Sandisk during the third quarter valued at approximately $100,080,000.

Insider Buying and Selling at Sandisk

In related news, Director Miyuki Suzuki sold 3,500 shares of the 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 completion of 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 sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.21% of the stock is owned by corporate insiders.

Key Sandisk News

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

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. UBS Group set a $1,000.00 price target on Sandisk in a research note on Monday, February 2nd. Sanford C. Bernstein boosted their price objective on shares of Sandisk from $300.00 to $580.00 and gave the company an “outperform” rating in a research report on Wednesday, January 14th. The Goldman Sachs Group upped their price objective on shares of Sandisk from $320.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, January 30th. JPMorgan Chase & Co. began coverage on shares of Sandisk in a research report on Monday, December 8th. They issued a “neutral” rating and a $235.00 target price for the company. Finally, Wells Fargo & Company lifted their target price on shares of Sandisk from $230.00 to $380.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $542.85.

Sandisk Trading Down 5.6%

NASDAQ SNDK opened at $618.82 on Friday. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. Sandisk Corporation has a twelve month low of $27.89 and a twelve month high of $725.00. The firm has a market capitalization of $91.34 billion and a PE ratio of -81.53. The stock’s 50 day moving average is $533.34 and its 200 day moving average is $293.36.

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

Sandisk 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.