Axxcess Wealth Management LLC Invests $525,000 in Sandisk Corporation $SNDK

Posted by Brenda Bartman on Jul 10th, 2026

Axxcess Wealth Management LLC bought a new stake in Sandisk Corporation (NASDAQ:SNDK – Free Report) in the 1st quarter, according to its most recent 13F filing with the SEC. The firm bought 826 shares of the data storage provider’s stock, valued at approximately $525,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SNDK. Whittier Trust Co. acquired a new position in Sandisk during the 4th quarter worth approximately $26,000. Greenline Wealth Management LLC bought a new stake in shares of Sandisk during the fourth quarter valued at approximately $26,000. Chung Wu Investment Group LLC bought a new stake in shares of Sandisk during the fourth quarter valued at approximately $27,000. Westfuller Advisors LLC raised 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 acquiring an additional 43 shares during the last quarter. Finally, Parallel Advisors LLC bought a new position in Sandisk during the 3rd quarter valued at $30,000.

Key Sandisk News

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: SanDisk shares rallied after reports that Meta signed a multi-year NAND flash supply agreement, adding credibility to the company’s AI infrastructure growth story and signaling stronger demand for its storage products. SanDisk (SNDK) Shares Spike 10% on Multi-Year Meta Storage Partnership
Positive Sentiment: Wedbush raised its price target on Sandisk to $2,000 from $1,200 ahead of fiscal Q4 results, reflecting expectations for strong earnings and sales driven by tight NAND supply and improving demand. SanDisk set for earnings upside as Wedbush lifts price target
Positive Sentiment: Memory and storage stocks, including Sandisk, rebounded sharply after earlier weakness tied to Samsung-led sector selling, suggesting investors are buying the dip in the group. Micron, SanDisk recover after Samsung-led selloff; fresh catalysts add to sentiment
Neutral Sentiment: Sandisk announced it will report fiscal Q4 and full-year 2026 results on August 5 and hold an Investor Day on August 13, which keeps attention on upcoming execution and guidance but does not change fundamentals by itself. Sandisk to Report Fiscal Fourth Quarter and Fiscal Year 2026 Results on August 5, 2026; Announces Investor Day on August 13, 2026
Negative Sentiment: Some articles warned that the memory sector remains volatile and that Chinese domestic memory makers could pressure established vendors like Sandisk over time, which may limit upside if the rally fades. SanDisk and Micron Risk Profit Squeeze from Chinese Memory Threat

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Barclays raised Sandisk from an “equal weight” rating to an “overweight” rating and increased their price target for the company from $1,200.00 to $2,300.00 in a research report on Tuesday, May 26th. Arete Research upgraded shares of Sandisk from a “hold” rating to a “strong-buy” rating in a research report on Monday, April 13th. Bank of America raised their price objective on shares of Sandisk from $2,100.00 to $2,500.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Mizuho lifted their price objective on shares of Sandisk from $1,825.00 to $2,200.00 and gave the stock an “outperform” rating in a research report on Monday, June 8th. Finally, Susquehanna boosted their target price on shares of Sandisk from $2,000.00 to $3,250.00 and gave the company a “positive” rating in a research note on Friday, May 29th. Two investment analysts have rated the stock with a Strong Buy rating, nineteen have assigned a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $1,684.24.

View Our Latest Research Report on Sandisk

Insider Buying and Selling at Sandisk

In related news, EVP Alper Ilkbahar sold 2,000 shares of the stock in a transaction dated 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 sale, the executive vice president owned 52,677 shares of the company’s stock, valued at approximately $92,531,364.66. This represents a 3.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CAO Michael Pokorny sold 2,446 shares of Sandisk stock in a transaction dated Tuesday, May 12th. The shares were sold at an average price of $1,426.18, for a total value of $3,488,436.28. Following the transaction, the chief accounting officer directly owned 22,375 shares of the company’s stock, valued at $31,910,777.50. The trade was a 9.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 6,225 shares of company stock valued at $10,166,297 over the last 90 days. 0.21% of the stock is currently owned by corporate insiders.

Sandisk Stock Performance

Shares of Sandisk stock opened at $1,858.27 on Friday. Sandisk Corporation has a 52-week low of $40.10 and a 52-week high of $2,354.39. The stock’s 50-day simple moving average is $1,709.27 and its 200 day simple moving average is $990.08. The stock has a market capitalization of $275.19 billion, a P/E ratio of 64.59 and a beta of 4.74.

Sandisk (NASDAQ:SNDK – Get Free Report) last issued its earnings results on Thursday, April 30th. The data storage provider reported $23.41 earnings per share for the quarter, topping analysts’ consensus estimates of $14.17 by $9.24. The firm 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%. Sandisk’s revenue for the quarter was up 251.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Equities research analysts forecast that Sandisk Corporation will post 64.01 EPS for the current fiscal year.

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.