Sandisk (NASDAQ:SNDK) Director Miyuki Suzuki Sells 3,500 Shares

Sandisk Corporation (NASDAQ:SNDK) Director Miyuki Suzuki sold 3,500 shares of the business’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 sale, the director owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. The trade was a 26.11% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Sandisk Trading Up 3.1%

Shares of Sandisk stock opened at $651.90 on Friday. Sandisk Corporation has a 12-month low of $27.89 and a 12-month high of $725.00. The stock has a market cap of $96.22 billion and a price-to-earnings ratio of -85.89. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06. The company has a fifty day simple moving average of $462.13 and a 200-day simple moving average of $254.88.

Sandisk (NASDAQ:SNDK) last posted its earnings results on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, beating the consensus estimate 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%.Sandisk’s revenue was up 61.2% compared to the same quarter last year.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on SNDK shares. Mizuho set a $600.00 price objective on shares of Sandisk in a research report on Tuesday, January 27th. Citigroup raised their price target on Sandisk from $490.00 to $750.00 and gave the company a “buy” rating in a report on Monday, February 2nd. Benchmark upped their price objective on Sandisk from $260.00 to $450.00 and gave the stock a “buy” rating in a report on Thursday, January 15th. Raymond James Financial upgraded Sandisk from a “market perform” rating to an “outperform” rating and set a $725.00 price objective for the company in a research report on Friday, January 30th. Finally, Barclays boosted their target price on shares of Sandisk from $385.00 to $750.00 and gave the stock an “equal weight” rating in a research report on Monday, February 2nd. Two investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $542.85.

Key Stories Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Sandisk partners with SK hynix to develop a global standard for high-bandwidth flash aimed at AI inference — strengthens Sandisk’s position in AI storage, could accelerate enterprise adoption and create product differentiation that supports pricing power. Article Title
• Positive Sentiment: An analyst says an “unprecedented” NAND cycle is unfolding ahead of Sandisk’s presentation — implies prolonged tight supply and strong pricing for flash memory, which supports revenue and margin upside for SNDK. Article Title
• Positive Sentiment: Management presented at Bernstein Insights (tech forum) outlining Sandisk’s roadmap and AI-focused product strategy — public investor engagement helps validate the company’s AI-storage narrative and product pipeline. Article Title
• Neutral Sentiment: Several articles debate whether it’s too late to buy after a massive YTD surge — analysts and columnists note strong fundamentals but warn much of the bull case may already be priced in, urging caution or buying on dips. Article Title
• Neutral Sentiment: Sector momentum: memory stocks (including Sandisk) continue to rally on AI-driven demand and supply tightness — positive tailwind for multiple players but increases correlation and macro risk. Article Title
• Negative Sentiment: Insider selling: director Miyuki Suzuki disclosed a sale of 3,500 shares (~26% reduction in her holding) — creates a short-term negative signal for some investors, though insider selling can be for personal reasons. SEC Filing
• Negative Sentiment: High-profile short report from Citron triggered a sell-off and branded Sandisk as largely a commodity seller vs. differentiated moat competitors — increased volatility and headline risk even as shares recovered intraday. Article Title

Institutional Investors Weigh In On Sandisk

Hedge funds and other institutional investors have recently modified their holdings of the stock. Whittier Trust Co. acquired a new stake in shares of Sandisk during the 4th quarter valued at $26,000. Greenline Wealth Management LLC bought a new stake in Sandisk in the fourth quarter worth approximately $26,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new stake in Sandisk in the 3rd quarter worth approximately $27,000. Chung Wu Investment Group LLC bought a new stake in shares of Sandisk during the 4th quarter worth $27,000. Finally, CVA Family Office LLC bought a new stake in shares of Sandisk in the third quarter valued at about $28,000.

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.