PeakShares LLC Makes New $445,000 Investment in Sandisk Corporation $SNDK

Posted by Trevor Kearing on Jul 17th, 2026

PeakShares LLC acquired a new position in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) during the first quarter, Holdings Channel.com reports. The institutional investor acquired 700 shares of the data storage provider’s stock, valued at approximately $445,000.

Other hedge funds have also recently bought and sold shares of the company. GHP Investment Advisors Inc. lifted its holdings in shares of Sandisk by 12.0% during the 1st quarter. GHP Investment Advisors Inc. now owns 121 shares of the data storage provider’s stock worth $77,000 after acquiring an additional 13 shares during the period. Blair William & Co. IL boosted its position in shares of Sandisk by 0.3% during the 4th quarter. Blair William & Co. IL now owns 5,287 shares of the data storage provider’s stock worth $1,255,000 after acquiring an additional 17 shares in the last quarter. Larson Financial Group LLC increased its stake in Sandisk by 20.2% in the fourth quarter. Larson Financial Group LLC now owns 220 shares of the data storage provider’s stock valued at $52,000 after acquiring an additional 37 shares during the last quarter. Composition Wealth LLC increased its stake in Sandisk by 0.4% in the fourth 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. Finally, Westfuller Advisors LLC raised its position in Sandisk by 51.8% during the fourth 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 in the last quarter.

Sandisk Price Performance

Sandisk stock opened at $1,411.08 on Friday. The business has a 50 day moving average of $1,750.41 and a 200-day moving average of $1,040.34. The company has a market capitalization of $208.97 billion, a P/E ratio of 49.05 and a beta of 4.74. Sandisk Corporation has a 1 year low of $40.10 and a 1 year high of $2,354.39.

Sandisk (NASDAQ:SNDK – Get Free Report) 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. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The business had revenue of $5.95 billion for the quarter. During the same quarter in the prior year, the business earned ($0.30) earnings per share. The firm’s quarterly revenue was up 251.0% on a year-over-year basis. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Equities analysts anticipate that Sandisk Corporation will post 64.95 EPS for the current year.

Insider Buying and Selling at Sandisk

In related news, Director Necip Sayiner sold 579 shares of the business’s stock in a transaction on Friday, May 8th. The shares were sold at an average price of $1,503.11, for a total value of $870,300.69. Following the sale, the director owned 2,900 shares of the company’s stock, valued at $4,359,019. The trade was a 16.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Alper Ilkbahar sold 2,000 shares of the stock in a transaction on Monday, June 1st. The shares were sold at an average price of $1,756.58, for a total value of $3,513,160.00. Following the completion of the sale, the executive vice president owned 52,677 shares of the company’s stock, valued at $92,531,364.66. The trade was a 3.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 6,225 shares of company stock worth $10,166,297. Company insiders own 0.21% of the company’s stock.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: Several articles note that Sandisk still has strong fundamentals and may be attractively valued after the pullback, with commentary highlighting robust revenue and margin growth, bullish analyst sentiment, and upside potential ahead of earnings. Which Storage Stock Is Best Positioned to Win the AI Memory War? (SNDK)
Positive Sentiment: Sandisk’s Fab2 launch with Kioxia and the start of BiCS10 sampling suggest continued product and manufacturing momentum in advanced memory technology. Sandisk (SNDK) Launches Fab2 With Kioxia As BiCS10 Sampling Begins
Neutral Sentiment: Analyst coverage from Argus began with a Hold rating, signaling caution rather than a bullish call, but not a major fundamental downgrade. Analyst Maintains Hold on SanDisk After Post–Spin-Off Rally, Awaiting Pullback or Clear Earnings Acceleration
Negative Sentiment: Memory and chip stocks are under sector-wide pressure as traders lock in gains from the AI hardware rally, dragging Sandisk lower along with peers such as Micron and Western Digital. Memory-Chip Selloff Drags Nasdaq 100 Lower, SanDisk Sinks 13%: Stock Market Today
Negative Sentiment: Investor concerns about Chinese competition intensified after reports that CXMT is preparing a large memory-chip IPO, which has weighed on the entire memory group and added to Sandisk’s pullback. SK Hynix and SanDisk Sink 7%, Micron Falls 5% as China’s CXMT Readies an $8.6B Memory IPO
Negative Sentiment: Articles also point to a sharp correction after Sandisk’s massive rally, with some analysts warning the best part of the move may be over for now. After A 6,000% Melt-Up, SanDisk Just Found Out Gravity Still Exists

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the company. Zacks Research cut Sandisk from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 1st. Wells Fargo & Company boosted their price target on Sandisk from $975.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Raymond James Financial restated an “outperform” rating and set a $1,470.00 price objective on shares of Sandisk in a research report on Friday, May 1st. Sanford C. Bernstein raised their price objective on Sandisk from $1,700.00 to $3,000.00 and gave the company an “outperform” rating in a research note on Monday, June 29th. Finally, Wedbush lifted their target price on Sandisk from $1,200.00 to $2,000.00 and gave the company an “outperform” rating in a research report on Thursday, July 9th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have given a Buy rating and five have given a Hold rating to the stock. According to data from MarketBeat, Sandisk currently has an average rating of “Moderate Buy” and an average target price of $1,803.29.

Get Our Latest Report on SNDK

About Sandisk

(Free Report)

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.