Pure Financial Advisors LLC Takes $288,000 Position in Sandisk Corporation $SNDK

Pure Financial Advisors LLC acquired a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor acquired 1,214 shares of the data storage provider’s stock, valued at approximately $288,000.

A number of other hedge funds have also made changes to their positions in the stock. Composition Wealth LLC increased its holdings in shares of Sandisk by 0.4% during the 4th quarter. Composition Wealth LLC now owns 10,299 shares of the data storage provider’s stock valued at $2,445,000 after acquiring an additional 41 shares during the last quarter. Westfuller Advisors LLC boosted its stake in Sandisk by 51.8% during the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after purchasing an additional 43 shares during the period. Everhart Financial Group Inc. boosted its stake in Sandisk by 3.4% during the 4th quarter. Everhart Financial Group Inc. now owns 2,058 shares of the data storage provider’s stock valued at $489,000 after purchasing an additional 67 shares during the period. Assetmark Inc. boosted its stake in Sandisk by 71.6% during the 4th quarter. Assetmark Inc. now owns 175 shares of the data storage provider’s stock valued at $42,000 after purchasing an additional 73 shares during the period. Finally, Savvy Advisors Inc. boosted its stake in Sandisk by 1.3% during the 4th quarter. Savvy Advisors Inc. now owns 6,930 shares of the data storage provider’s stock valued at $1,645,000 after purchasing an additional 87 shares during the period.

More Sandisk News

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Investor sentiment remains strong around AI-related memory demand, with several recent notes saying SanDisk is positioned to benefit from rising hyperscaler spending and broader storage-chip demand. Why These 3 High-Flying Memory & Storage Stocks Will Rise Further
• Positive Sentiment: SanDisk-linked funds and related storage plays are surging, reinforcing the market’s bullish view of the company’s role in the AI memory boom. SanDisk’s Breakout Turned This ETF Into A 640% Rocket In Just Over 3 Months
• Positive Sentiment: Commentary this week highlighted SanDisk’s extraordinary 2026 run and its all-time-high stock price, showing continued momentum and investor enthusiasm. Sandisk (SNDK) Surges 550%+ In 2026; Check Out Why Shares Are At Their All-Time High

Insider Activity at Sandisk

In related news, Director Necip Sayiner sold 579 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the completion of the transaction, the director owned 2,900 shares in the company, valued at $4,359,019. This trade represents a 16.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, February 25th. The stock was 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 of the company’s stock, valued at $6,216,939.71. This trade represents a 26.11% decrease in their position. The SEC filing for this sale provides additional information. 0.21% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Royal Bank Of Canada increased their target price on Sandisk from $650.00 to $1,000.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. The Goldman Sachs Group restated a “buy” rating and set a $1,200.00 target price on shares of Sandisk in a research note on Friday, May 1st. UBS Group set a $1,700.00 target price on Sandisk in a research note on Monday, May 4th. Citigroup increased their target price on Sandisk from $980.00 to $1,300.00 and gave the company a “buy” rating in a research note on Friday, May 1st. Finally, Arete Research upgraded Sandisk from a “hold” rating to a “strong-buy” rating in a research note on Monday, April 13th. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have given a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Sandisk currently has a consensus rating of “Moderate Buy” and a consensus price target of $1,065.81.

Sandisk Trading Down 0.9%

Shares of SNDK stock opened at $1,547.56 on Tuesday. The stock has a 50 day moving average of $833.70 and a two-hundred day moving average of $520.41. Sandisk Corporation has a 12 month low of $35.79 and a 12 month high of $1,600.00. The company has a market capitalization of $229.18 billion, a P/E ratio of 53.79 and a beta of 4.82.

Sandisk (NASDAQ:SNDK) last posted its earnings results on Thursday, April 30th. The data storage provider reported $23.41 EPS for the quarter, topping the consensus estimate of $14.17 by $9.24. The business had revenue of $5.95 billion during the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.Sandisk’s quarterly revenue was up 251.0% compared to the same quarter last year. During the same quarter last year, the business earned ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Sell-side analysts predict that Sandisk Corporation will post 63.93 earnings per share for the current fiscal year.

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.