Anatole Investment Management Ltd Sells 369,001 Shares of Sandisk Corporation $SNDK

Posted by Geri Gentry on Jun 18th, 2026

Anatole Investment Management Ltd cut its holdings in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) by 57.9% during the fourth quarter, HoldingsChannel.com reports. The fund owned 268,489 shares of the data storage provider’s stock after selling 369,001 shares during the period. Sandisk accounts for about 10.5% of Anatole Investment Management Ltd’s holdings, making the stock its 5th largest holding. Anatole Investment Management Ltd’s holdings in Sandisk were worth $63,734,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Allworth Financial LP grew its position in shares of Sandisk by 84.2% in the 4th quarter. Allworth Financial LP now owns 4,521 shares of the data storage provider’s stock valued at $1,073,000 after buying an additional 2,067 shares during the last quarter. Tredje AP fonden purchased a new position in shares of Sandisk in the 4th quarter valued at $7,821,000. ProShare Advisors LLC grew its position in shares of Sandisk by 1,301.5% in the 4th quarter. ProShare Advisors LLC now owns 33,637 shares of the data storage provider’s stock valued at $7,985,000 after buying an additional 31,237 shares during the last quarter. FourThought Financial Partners LLC purchased a new position in shares of Sandisk in the 4th quarter valued at $422,000. Finally, North Dakota State Investment Board purchased a new position in shares of Sandisk in the 4th quarter valued at $1,127,000.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. Evercore reiterated an “outperform” rating and set a $1,400.00 price target on shares of Sandisk in a research note on Friday, May 1st. The Goldman Sachs Group reiterated a “buy” rating and set a $1,200.00 price target on shares of Sandisk in a research note on Friday, May 1st. Jefferies Financial Group reiterated a “buy” rating and set a $1,400.00 price target on shares of Sandisk in a research note on Friday, May 1st. Sanford C. Bernstein increased their price target on shares of Sandisk from $1,250.00 to $1,700.00 and gave the stock an “outperform” rating in a research note on Monday, May 4th. Finally, Susquehanna increased their price target on shares of Sandisk from $2,000.00 to $3,250.00 and gave the stock a “positive” rating in a research note on Friday, May 29th. Three research analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and four have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $1,580.67.

Check Out Our Latest Analysis on SNDK

Sandisk Stock Down 1.6%

Shares of SNDK opened at $1,958.80 on Thursday. The company has a 50-day simple moving average of $1,366.71 and a 200-day simple moving average of $791.01. The company has a market capitalization of $290.08 billion, a PE ratio of 68.08 and a beta of 4.87. Sandisk Corporation has a 52-week low of $40.10 and a 52-week high of $2,167.33.

Sandisk (NASDAQ:SNDK – Get Free Report) last announced its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter. During the same quarter in the prior year, the business earned ($0.30) EPS. The business’s revenue for the quarter was up 251.0% compared to the same quarter last year. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. On average, research analysts anticipate that Sandisk Corporation will post 64.01 EPS for the current year.

Insider Activity

In related news, insider Bernard Shek sold 600 shares of the firm’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $1,736.00, for a total value of $1,041,600.00. Following the sale, the insider directly owned 32,232 shares of the company’s stock, valued at approximately $55,954,752. This trade represents a 1.83% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Necip Sayiner sold 579 shares of the firm’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the completion of the sale, the director directly owned 2,900 shares in the company, valued at $4,359,019. This represents a 16.64% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 5,625 shares of company stock valued at $8,913,497. 0.21% of the stock is owned by corporate insiders.

Sandisk News Summary

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: Analysts and bullish commentators say Sandisk is benefiting from accelerating AI memory demand, especially at the edge, where more AI-enabled devices need local storage. One recent upgrade argues this could support long-term growth and higher valuation. Sandisk: I Was Wrong, Edge AI Changes Everything (Rating Upgrade)
Positive Sentiment: Another analysis says AI inference workloads could boost NAND demand through enterprise SSDs, supply agreements, and better margins, reinforcing the bull case for Sandisk’s storage cycle. Can AI Inference Workloads Accelerate NAND Demand for Sandisk?
Neutral Sentiment: Coverage comparing top 2026 S&P 500 performers continues to spotlight Sandisk as a major AI-memory winner, which can keep investor attention high but does not add new company-specific fundamentals. AI Memory Demand Has Turned These 5 S&P 500 Stocks Into Market Leaders
Negative Sentiment: Carter Worth of Worth Charting warned that the memory-chip trade has gone “too far, too fast” and singled out Sandisk as the “most overbought stock ever,” encouraging traders to trim or hedge positions. Take Profits Now. Famous Chart Technician Says SanDisk is The “Most Overbought Stock Ever”
Negative Sentiment: Additional articles note Sandisk slipping back after hitting a record high, reinforcing fears of a near-term pullback as investors lock in gains. SanDisk Is ‘the Most Overbought Stock in History,’ Says Polymarket

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.