Leonteq Securities AG Takes $302,000 Position in Sandisk Corporation $SNDK

Leonteq Securities AG bought a new stake in Sandisk Corporation (NASDAQ:SNDK) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 1,272 shares of the data storage provider’s stock, valued at approximately $302,000.

Other institutional investors also recently modified their holdings of the company. Vanguard Personalized Indexing Management LLC bought a new stake in shares of Sandisk in the third quarter valued at about $1,136,000. Y Intercept Hong Kong Ltd bought a new stake in shares of Sandisk in the third quarter valued at about $7,046,000. Sage Rhino Capital LLC bought a new stake in shares of Sandisk in the third quarter valued at about $587,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Sandisk in the third quarter valued at about $3,652,000. Finally, Mutual of America Capital Management LLC bought a new stake in shares of Sandisk in the third quarter valued at about $1,735,000.

Analyst Ratings Changes

Several research firms recently weighed in on SNDK. Melius Research set a $2,350.00 price objective on shares of Sandisk in a research report on Monday, May 18th. Jefferies Financial Group reaffirmed a “buy” rating and set a $1,400.00 price objective on shares of Sandisk in a research report on Friday, May 1st. Cantor Fitzgerald upped their price objective on shares of Sandisk from $1,400.00 to $1,800.00 and gave the stock an “overweight” rating in a research report on Friday, May 1st. Zacks Research raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 20th. Finally, UBS Group set a $1,700.00 price objective on shares of Sandisk in a research report on Monday, May 4th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $1,157.14.

Insider Buying and Selling at Sandisk

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the stock in a transaction that occurred on Wednesday, February 25th. The shares were sold at an average price of $627.53, for a total transaction of $2,196,355.00. Following the completion of the sale, the director owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This represents a 26.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Necip Sayiner sold 579 shares of the stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the sale, the director directly owned 2,900 shares of the company’s stock, valued at $4,359,019. This represents a 16.64% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 6,525 shares of company stock valued at $6,555,092. 0.21% of the stock is currently owned by company insiders.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Hedge fund billionaire David Tepper reportedly bought 281,250 shares of Sandisk, adding to bullish investor sentiment and reinforcing the idea that large investors still see upside after the stock’s huge run. Article Title
• Positive Sentiment: Several recent pieces argue that Sandisk is benefiting from AI-driven NAND demand, enterprise SSD growth, and an improved long-term earnings outlook, with some analysts calling the stock undervalued despite the sharp rally. Article Title
• Positive Sentiment: SanDisk also got a boost from sector momentum as memory stocks rebounded, with traders pointing to AI-related demand and tighter supply conditions among rivals as reasons for the renewed interest. Article Title
• Neutral Sentiment: Some market commentary now frames Sandisk as a “hold” after its explosive year-to-date surge, suggesting the business outlook is strong but the valuation has become much less attractive for new buyers. Article Title
• Negative Sentiment: Jim Cramer’s cautious comments that investors should “let it come down more” may temper enthusiasm, especially after the stock’s massive rally and elevated valuation. Article Title

Sandisk Price Performance

Sandisk stock opened at $1,478.69 on Monday. The business has a 50 day moving average of $982.59 and a 200-day moving average of $599.00. Sandisk Corporation has a 1 year low of $35.79 and a 1 year high of $1,600.00. The company has a market capitalization of $218.98 billion, a P/E ratio of 51.40 and a beta of 4.82.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.17 by $9.24. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.The company had revenue of $5.95 billion during the quarter. During the same period in the prior year, the company earned ($0.30) EPS. The business’s quarterly revenue was up 251.0% compared to the same quarter last year. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Equities analysts anticipate that Sandisk Corporation will post 63.58 EPS for the current year.

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.