World Investment Advisors Raises Position in Sandisk Corporation $SNDK

World Investment Advisors boosted its holdings in Sandisk Corporation (NASDAQ:SNDK) by 236.5% in the first quarter, HoldingsChannel reports. The institutional investor owned 3,648 shares of the data storage provider’s stock after purchasing an additional 2,564 shares during the quarter. World Investment Advisors’ holdings in Sandisk were worth $2,318,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of SNDK. Whittier Trust Co. purchased a new stake in shares of Sandisk during the 4th quarter worth approximately $26,000. Greenline Wealth Management LLC bought a new position in shares of Sandisk during the 4th quarter valued at approximately $26,000. Chung Wu Investment Group LLC bought a new position in Sandisk during the 4th quarter valued at about $27,000. Westfuller Advisors LLC increased its position in shares of Sandisk by 51.8% during the fourth quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after acquiring an additional 43 shares during the period. Finally, Parallel Advisors LLC purchased a new stake in shares of Sandisk in the third quarter valued at approximately $30,000.

Sandisk Stock Down 9.5%

Shares of Sandisk stock traded down $165.93 on Tuesday, hitting $1,578.50. The company’s stock had a trading volume of 8,174,397 shares, compared to its average volume of 16,509,299. The company has a market capitalization of $233.76 billion, a P/E ratio of 54.61 and a beta of 4.74. The firm has a fifty day moving average price of $1,666.46 and a 200-day moving average price of $958.11. Sandisk Corporation has a 52-week low of $40.10 and a 52-week high of $2,354.39.

Sandisk (NASDAQ:SNDK) last announced its earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.17 by $9.24. The business had revenue of $5.95 billion for the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.The firm’s revenue was up 251.0% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, analysts expect that Sandisk Corporation will post 64.01 earnings per share for the current year.

Insider Buying and Selling at Sandisk

In other news, insider Bernard Shek sold 600 shares of the company’s stock in a transaction on Wednesday, July 1st. The stock was sold at an average price of $2,088.00, for a total transaction of $1,252,800.00. Following the completion of the sale, the insider directly owned 31,515 shares of the company’s stock, valued at $65,803,320. This represents a 1.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Alper Ilkbahar sold 2,000 shares of Sandisk stock in a transaction on Monday, June 1st. The shares were sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the completion of the sale, the executive vice president directly owned 52,677 shares of the company’s stock, valued at approximately $92,531,364.66. The trade was a 3.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 6,225 shares of company stock worth $10,166,297. 0.21% of the stock is currently owned by company insiders.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Several recent articles highlight that analysts remain bullish on SanDisk, with some raising price targets and arguing the company can still benefit from AI-driven memory demand and ongoing NAND supply shortages. SanDisk Stock (SNDK) Rises as Goldman Lifts Price Target by Over 83%; Expects a ‘Very Strong Quarter’
• Positive Sentiment: Commentary also points to SanDisk’s strong momentum in 2026, including massive gains this year and continued demand for its flash memory products as AI storage needs expand. Sandisk Stock Is Up Nearly 635% in 2026. Can It Still Go Higher?
• Neutral Sentiment: Some pieces frame the recent drop as a valuation reset after an extraordinary run, rather than a company-specific problem, suggesting the stock may be volatile but the longer-term story is still intact. Sandisk Stock Was Red Hot but Get Set for a Cold Snap
• Neutral Sentiment: SanDisk also received positive long-term momentum coverage from Zacks, which may support investor confidence but does not appear to be the main catalyst for today’s move. Why Sandisk Corporation (SNDK) is a Top Momentum Stock for the Long-Term
• Negative Sentiment: SanDisk shares are under pressure because investors are reacting to a broad memory-sector selloff tied to Samsung’s strong results, which raised fears of a shift in supply-demand dynamics and triggered profit-taking across chip names. SanDisk stock drops as Samsung-led chip selloff hits memory sector
• Negative Sentiment: Other reports say the stock’s recent reversal is part of a broader “memory rout,” with concerns that the AI hardware trade may be cooling after a huge run-up in memory names. Sandisk Stock Was Red Hot but Get Set for a Cold Snap

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on SNDK shares. UBS Group set a $1,700.00 price target on shares of Sandisk in a report on Monday, May 4th. Citigroup boosted their target price on Sandisk from $2,025.00 to $2,500.00 and gave the stock a “buy” rating in a research note on Thursday, June 25th. Melius Research set a $2,350.00 price objective on shares of Sandisk in a research note on Monday, May 18th. Wedbush raised their price objective on Sandisk from $740.00 to $1,200.00 and gave the stock an “outperform” rating in a research note on Wednesday, April 29th. Finally, The Goldman Sachs Group restated a “buy” rating and set a $1,200.00 price objective on shares of Sandisk in a research note on Friday, May 1st. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and five have issued a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $1,684.24.

Sandisk Company 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.