Krilogy Financial LLC Raises Stake in Sandisk Corporation $SNDK

Krilogy Financial LLC increased its stake in Sandisk Corporation (NASDAQ:SNDK) by 30.3% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 3,724 shares of the data storage provider’s stock after buying an additional 865 shares during the quarter. Krilogy Financial LLC’s holdings in Sandisk were worth $884,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Whittier Trust Co. purchased a new position in shares of Sandisk in the 4th quarter worth about $26,000. Westfuller Advisors LLC boosted its holdings in shares of Sandisk by 51.8% in the 4th quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock worth $30,000 after buying an additional 43 shares during the last quarter. Assetmark Inc. boosted its holdings in shares of Sandisk by 71.6% in the 4th quarter. Assetmark Inc. now owns 175 shares of the data storage provider’s stock worth $42,000 after buying an additional 73 shares during the last quarter. Blue Trust Inc. boosted its holdings in shares of Sandisk by 411.4% in the 4th quarter. Blue Trust Inc. now owns 179 shares of the data storage provider’s stock worth $42,000 after buying an additional 144 shares during the last quarter. Finally, Mitsubishi UFJ Asset Management Co. Ltd. purchased a new position in shares of Sandisk in the 3rd quarter worth about $27,000.

Insider Buying and Selling

In other Sandisk news, Director Miyuki Suzuki sold 3,500 shares of the company’s stock in a transaction dated 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 sale, the director directly owned 9,907 shares of the company’s stock, valued at $6,216,939.71. This represents a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.21% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on SNDK shares. Citigroup boosted their price target on shares of Sandisk from $875.00 to $980.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Wall Street Zen raised shares of Sandisk from a “buy” rating to a “strong-buy” rating in a report on Saturday, January 31st. Jefferies Financial Group boosted their price target on shares of Sandisk from $600.00 to $700.00 and gave the stock a “buy” rating in a report on Friday, January 30th. Wells Fargo & Company boosted their price target on shares of Sandisk from $675.00 to $975.00 and gave the stock an “equal weight” rating in a report on Monday. Finally, Evercore started coverage on shares of Sandisk in a report on Monday, April 13th. They set an “outperform” rating and a $1,200.00 price objective on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating, five have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Sandisk has an average rating of “Moderate Buy” and a consensus price target of $719.73.

Sandisk Price Performance

NASDAQ SNDK opened at $903.49 on Wednesday. The company has a market cap of $133.36 billion, a PE ratio of -119.04 and a beta of 5.04. Sandisk Corporation has a 52 week low of $29.32 and a 52 week high of $965.00. The company has a quick ratio of 1.92, a current ratio of 3.11 and a debt-to-equity ratio of 0.06. The firm’s 50-day simple moving average is $696.37 and its two-hundred day simple moving average is $430.32.

Sandisk (NASDAQ:SNDK) last released its quarterly earnings data on Thursday, January 29th. The data storage provider reported $6.20 EPS for the quarter, beating the consensus estimate of $3.31 by $2.89. The business had revenue of $3.03 billion for the quarter, compared to the consensus estimate of $2.67 billion. Sandisk had a negative net margin of 11.66% and a positive return on equity of 10.11%. Sandisk’s revenue for the quarter was up 61.2% on a year-over-year basis. Research analysts predict that Sandisk Corporation will post 38.34 earnings per share for the current year.

Trending Headlines about Sandisk

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: Company product roadmap and enterprise wins — Zacks highlights SNDK’s acceleration in PCIe Gen5 SSDs, BiCS8 NAND and QLC “Stargate,” positioning the firm to capture AI-driven enterprise storage spending and support revenue growth. Sandisk’s Product Innovation Accelerates: Is Revenue Growth Secured?
• Positive Sentiment: Broader Wall Street push into memory — Morgan Stanley and other firms are doubling down on memory names as AI demand broadens beyond chips to CPUs and memory, a thematic tailwind for Sandisk. Why Morgan Stanley is doubling down on memory stocks amid AI boom?
• Positive Sentiment: Index inclusion and analyst upgrades — SNDK joined the Nasdaq‑100 and has seen price‑target raises (Wells Fargo lifted its target toward $975, other street calls pushed targets higher), increasing passive demand and analyst coverage. Sandisk Joins Nasdaq 100 As AI NAND Boom Reshapes Investor Focus
• Neutral Sentiment: Relative valuation and competitive context — The Motley Fool compares Sandisk and Western Digital, noting Sandisk’s NAND focus has longer-term growth potential versus HDD peers; useful for longer‑term allocation but not an immediate driver. SanDisk vs. Western Digital: Which Memory Storage Stock Is the Better Buy?
• Neutral Sentiment: Media coverage and investor attention — Jim Cramer and other commentators are citing SNDK’s surprise rally and their own missed calls; media attention can amplify flows but is not a fresh fundamental catalyst. Jim Cramer Notes “I Am Always Going to Miss a Stock Like Sandisk Because My Disciplines Will Betray Me”
• Negative Sentiment: Profit‑taking and volatility after a massive rally — Coverage (Barron’s and others) points to index‑rebalancing moves, stretched momentum, and high beta as reasons the stock would see pullbacks even amid positive fundamentals; this helps explain today’s decline. Sandisk Stock Joins the Nasdaq 100 Today. Why It’s Falling.

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.