K.J. Harrison & Partners Inc Invests $1.91 Million in Sandisk Corporation $SNDK

Posted by Stanley Muller on Jul 5th, 2026

K.J. Harrison & Partners Inc purchased a new stake in Sandisk Corporation (NASDAQ:SNDK – Free Report) in the 1st quarter, Holdings Channel.com reports. The fund purchased 3,001 shares of the data storage provider’s stock, valued at approximately $1,907,000.

Several other large investors have also modified their holdings of the stock. Whittier Trust Co. purchased a new position in Sandisk during the fourth quarter worth approximately $26,000. Greenline Wealth Management LLC purchased a new position in shares of Sandisk in the 4th quarter worth $26,000. Chung Wu Investment Group LLC acquired a new position in Sandisk in the fourth quarter valued at $27,000. Westfuller Advisors LLC boosted its holdings in Sandisk by 51.8% in the fourth quarter. Westfuller Advisors LLC now owns 126 shares of the data storage provider’s stock valued at $30,000 after acquiring an additional 43 shares during the last quarter. Finally, Parallel Advisors LLC purchased a new stake in Sandisk during the third quarter valued at about $30,000.

Sandisk Price Performance

Sandisk stock opened at $1,745.00 on Friday. Sandisk Corporation has a 12-month low of $40.10 and a 12-month high of $2,354.39. The company has a market capitalization of $258.42 billion, a price-to-earnings ratio of 60.65 and a beta of 4.74. The firm’s fifty day moving average price is $1,650.22 and its 200 day moving average price is $942.09.

Sandisk (NASDAQ:SNDK – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, beating analysts’ consensus estimates of $14.17 by $9.24. The company had revenue of $5.95 billion during the quarter. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The business’s quarterly revenue was up 251.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.30) earnings per share. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Analysts forecast that Sandisk Corporation will post 64.01 earnings per share for the current fiscal year.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: Sandisk announced it has started production of its 10th-generation 3D flash memory with Kioxia at the Kitakami plant, and separately said it is sampling BiCS10 1Tb TLC 3D NAND. Both updates point to higher density, better power efficiency, and more capacity for data-center and AI workloads. Article Title Article Title
Positive Sentiment: Analysts remained constructive on Sandisk, with China Renaissance lifting its price target sharply on strong AI storage demand and Bank of America raising its target to $2,500 while keeping a buy rating. Article Title
Positive Sentiment: Commentary from several outlets says the recent selloff may be a pullback after a huge first-half rally, with some investors viewing the weakness as a buying opportunity rather than a change in the underlying growth thesis. Article Title
Neutral Sentiment: MarketBeat’s week-in-review noted Sandisk as a poster child for tech-sector volatility, reflecting how much the stock can swing on sector rotation and sentiment shifts. Article Title
Negative Sentiment: Sandisk shares have been hit by a broader selloff in AI chip and memory stocks as investors rotate toward AI software, and some reports also cite profit-taking and memory supply-glut fears. Article Title Article Title
Negative Sentiment: Insider Bernard Shek sold 600 shares under a pre-arranged 10b5-1 plan, a routine filing but still a mild caution flag for sentiment. Article Title

Wall Street Analyst Weigh In

Several research firms have recently weighed in on SNDK. Mizuho lifted their price objective on Sandisk from $1,825.00 to $2,200.00 and gave the company an “outperform” rating in a research note on Monday, June 8th. Cantor Fitzgerald increased their target price on shares of Sandisk from $1,800.00 to $2,900.00 and gave the stock an “overweight” rating in a research report on Monday, June 8th. Wells Fargo & Company raised their price target on shares of Sandisk from $975.00 to $1,250.00 and gave the company an “equal weight” rating in a report on Friday, May 1st. Weiss Ratings cut shares of Sandisk from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, June 3rd. Finally, KGI Securities started coverage on shares of Sandisk in a research report on Wednesday, March 18th. They issued an “outperform” rating and a $992.00 price objective for the company. Two analysts have rated the stock with a Strong Buy rating, eighteen have assigned a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $1,684.24.

View Our Latest Research Report on Sandisk

Insiders Place Their Bets

In related news, Director Necip Sayiner sold 579 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $1,503.11, for a total value of $870,300.69. Following the completion of the transaction, the director owned 2,900 shares of the company’s stock, valued at approximately $4,359,019. This represents a 16.64% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Also, EVP Alper Ilkbahar sold 2,000 shares of the firm’s stock in a transaction that occurred 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 sale, the executive vice president owned 52,677 shares of the company’s stock, valued at approximately $92,531,364.66. This trade represents a 3.66% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 6,225 shares of company stock worth $10,166,297. 0.21% of the stock is owned by insiders.

Sandisk Company 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.