Sentry Investment Management LLC Grows Position in Sandisk Corporation $SNDK

Sentry Investment Management LLC increased its position in shares of Sandisk Corporation (NASDAQ:SNDK) by 33,000.0% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 331 shares of the data storage provider’s stock after buying an additional 330 shares during the period. Sentry Investment Management LLC’s holdings in Sandisk were worth $79,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the company. Vanguard Group Inc. purchased a new stake in shares of Sandisk during the third quarter worth approximately $1,970,388,000. State Street Corp purchased a new position in Sandisk in the third quarter valued at approximately $491,053,000. Arrowstreet Capital Limited Partnership purchased a new position in Sandisk in the third quarter valued at approximately $297,293,000. Bank of America Corp DE purchased a new position in Sandisk in the third quarter valued at approximately $190,425,000. Finally, AQR Capital Management LLC purchased a new position in Sandisk in the third quarter valued at approximately $163,057,000.

Analysts Set New Price Targets

Several equities analysts have commented on SNDK shares. Barclays increased their price target on shares of Sandisk from $750.00 to $1,200.00 and gave the company an “equal weight” rating in a research note on Friday, May 1st. Royal Bank Of Canada increased their price target on shares of 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 reiterated a “buy” rating and issued a $1,200.00 price target on shares of Sandisk in a research note on Friday, May 1st. UBS Group set a $1,700.00 price target on shares of Sandisk in a research note on Monday, May 4th. Finally, Cantor Fitzgerald increased their price target on shares of Sandisk from $1,400.00 to $1,800.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Three investment analysts have rated the stock with a Strong Buy rating, seventeen have issued a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $1,065.81.

Insider Buying and Selling at Sandisk

In other news, Director Miyuki Suzuki sold 3,500 shares of the 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 completion of the sale, the director directly owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This represents 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 this hyperlink. Insiders own 0.21% of the company’s stock.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Shares are benefiting from the broad AI memory supercycle trade, as investors rotate into SanDisk and Micron on expectations that AI data-center demand will keep memory supply tight and pricing strong. SanDisk Did In Months What Nvidia Took 9 Years To Pull Off — And The Chart Looks Almost Unreal
• Positive Sentiment: Wall Street sentiment remains bullish after Cantor Fitzgerald raised its price target on SanDisk to $1,800 and Goldman Sachs lifted its target to $1,200, reinforcing the view that the stock still has room to run after its strong earnings beat and raised outlook. Why Sandisk Corporation (SNDK) is One of the Top Stock Giants That Were Suddenly On Fire in April Goldman Sachs Raises its Price Target on SanDisk (SNDK) to $1,200
• Positive Sentiment: Analyst chatter and media coverage are increasingly framing SanDisk as a leading beneficiary of AI infrastructure spending, including reports that the company has locked in major AI-related deals and could still nearly double from current levels if the memory boom persists. SanDisk to $2,000: Why This Analyst Is Betting SNDK Stock Can Still Almost Double — And Putting Up the Highest Price Target on Wall Street SanDisk stock surges 10% after locking in $42 billion in AI deals
• Neutral Sentiment: Some commentary suggests the move is getting stretched after an enormous run, with options activity and short-interest concerns signaling that traders may be preparing for volatility even if the longer-term thesis remains intact. Sandisk: The Options Market Is Pricing A Big Selloff (Technical Analysis)
• Negative Sentiment: Near-term pullbacks have been tied to bubble concerns and short-selling pressure, with some investors warning the AI rally may be overheated even as others still see further upside. Why Is SanDisk Stock Falling On Thursday?

Sandisk Stock Performance

SNDK stock opened at $1,562.34 on Monday. The company has a market capitalization of $231.37 billion, a P/E ratio of 54.30 and a beta of 4.82. Sandisk Corporation has a twelve month low of $35.79 and a twelve month high of $1,564.00. The business has a 50 day simple moving average of $797.19 and a 200-day simple moving average of $500.60.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, beating 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 revenue was up 251.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Research analysts predict that Sandisk Corporation will post 63.93 EPS for the current fiscal 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.