Sandisk Corporation $SNDK Shares Sold by Deprince Race & Zollo Inc.

Posted by on Jul 2nd, 2026

Deprince Race & Zollo Inc. decreased its holdings in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) by 71.3% during the first quarter, Holdings Channel.com reports. The fund owned 37,167 shares of the data storage provider’s stock after selling 92,315 shares during the period. Deprince Race & Zollo Inc.’s holdings in Sandisk were worth $23,614,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in SNDK. Roble Belko & Company Inc acquired a new position in shares of Sandisk in the first quarter valued at about $39,000. First United Bank & Trust purchased a new position in shares of Sandisk in the 1st quarter valued at about $54,000. Greenline Wealth Management LLC purchased a new stake in shares of Sandisk in the fourth quarter valued at approximately $26,000. Whittier Trust Co. purchased a new stake in Sandisk in the 4th quarter worth $26,000. Finally, Chung Wu Investment Group LLC purchased a new stake in shares of Sandisk during the fourth quarter worth about $27,000.

Insider Transactions at Sandisk

In related news, EVP Alper Ilkbahar sold 2,000 shares of the firm’s stock in a transaction that occurred on Monday, June 1st. The stock was sold at an average price of $1,756.58, for a total transaction of $3,513,160.00. Following the transaction, the executive vice president owned 52,677 shares in the company, valued at $92,531,364.66. This trade represents a 3.66% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 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 transaction, the director owned 2,900 shares in the company, valued at approximately $4,359,019. This trade represents a 16.64% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 5,625 shares of company stock valued at $8,913,497 in the last 90 days. Company insiders own 0.21% of the company’s stock.

Sandisk Price Performance

Shares of NASDAQ SNDK opened at $2,032.22 on Thursday. The business has a 50-day moving average of $1,618.07 and a two-hundred day moving average of $925.59. The company has a market capitalization of $300.95 billion, a price-to-earnings ratio of 70.64 and a beta of 4.72. 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 announced its quarterly earnings results on Thursday, April 30th. The data storage provider reported $23.41 EPS for the quarter, beating 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 company had revenue of $5.95 billion for the quarter. During the same quarter in the prior year, the company earned ($0.30) earnings per share. The business’s revenue for the quarter was up 251.0% on a year-over-year basis. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. As a group, equities research analysts expect that Sandisk Corporation will post 64.01 earnings per share for the current year.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

  • Positive Sentiment: Bank of America raised its price target on Sandisk to $2,500 from $2,100 and kept a Buy rating, citing tight NAND supply, stronger pricing, and demand that could remain elevated through 2027. Article Title
  • Positive Sentiment: Bernstein also sharply boosted its outlook on Sandisk, with reports highlighting a much higher price target and confidence in the company’s contracts, earnings power, and the durability of the memory supercycle. Article Title
  • Positive Sentiment: Analysts continue to point to Sandisk’s expanding QLC SSD portfolio, AI storage demand, and multi-year supply deals as support for longer-term growth. Article Title
  • Neutral Sentiment: Several market commentary pieces noted that Sandisk has already run sharply higher this year, with some investors questioning whether valuations have gotten too stretched after the memory-stock rally. Article Title
  • Neutral Sentiment: Sandisk’s recent earnings strength and bullish long-term guidance continue to support the stock, even as the market debates how much upside is already priced in.
  • Negative Sentiment: Sandisk fell along with other memory-chip stocks in a broad semiconductor selloff, with investors locking in profits after a strong first half for the sector. Article Title
  • Negative Sentiment: Reports also said a new class-action lawsuit against major memory chipmakers added pressure to the shares, reinforcing concerns about risk in the sector. Article Title

Wall Street Analyst Weigh In

Several research analysts recently commented on SNDK shares. Susquehanna increased their price objective on Sandisk from $2,000.00 to $3,250.00 and gave the company a “positive” rating in a research note on Friday, May 29th. Wells Fargo & Company raised their price target on shares of Sandisk from $975.00 to $1,250.00 and gave the stock an “equal weight” rating in a report on Friday, May 1st. Sanford C. Bernstein boosted their price objective on shares of Sandisk from $1,700.00 to $3,000.00 and gave the company an “outperform” rating in a report on Monday. The Goldman Sachs Group reissued a “buy” rating and issued a $1,200.00 target price on shares of Sandisk in a research report on Friday, May 1st. Finally, Arete Research raised shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Three analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $1,684.24.

Read Our Latest Stock Report on Sandisk

Sandisk Profile

(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.

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Institutional Ownership by Quarter for Sandisk (NASDAQ:SNDK)

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