Opal Capital LLC Takes $541,000 Position in Sandisk Corporation $SNDK

Posted by George Bondi on Jul 29th, 2026

Opal Capital LLC bought a new position in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) during the first quarter, according to its most recent filing with the SEC. The fund bought 852 shares of the data storage provider’s stock, valued at approximately $541,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Valley Wealth Managers Inc. purchased a new stake in Sandisk during the first quarter worth about $25,000. Whittier Trust Co. purchased a new position in Sandisk in the fourth quarter valued at about $26,000. Greenline Wealth Management LLC bought a new position in shares of Sandisk during the 4th quarter valued at approximately $26,000. Chung Wu Investment Group LLC bought a new position in shares of Sandisk during the 4th quarter valued at approximately $27,000. Finally, IMG Wealth Management Inc. purchased a new stake in shares of Sandisk during the 1st quarter worth approximately $29,000.

Key Headlines Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: AI infrastructure demand continues to support Sandisk’s memory and data-storage growth. One analysis identifies Sandisk as an AI beneficiary that has outperformed NVIDIA, while its latest reported quarter showed revenue growth of 251% year over year and earnings well above consensus. 2 AI Stocks That Beat NVIDIA – and Could Soar Even Higher
Neutral Sentiment: Investors are looking ahead to Sandisk’s next earnings report, with the company’s strong results and AI-related demand offering potential support, but the stock’s outlook remains highly dependent on continued growth in memory pricing and demand.
Negative Sentiment: Chip stocks extended their pullback as concerns about an AI bubble, rising infrastructure costs and stretched expectations weighed on the Nasdaq and the broader AI trade. Chip Stocks Extend Pullback Amid AI Bubble Fears
Negative Sentiment: China’s ChangXin Memory Technologies (CXMT) made a strong market debut, while reports of progress on domestically developed Chinese lithography equipment heightened fears that Chinese companies could close the technology gap in NAND and other memory products. Why are Micron, Sandisk, and SK Hynix stocks falling today?
Negative Sentiment: Technical selling has accelerated after Sandisk’s extraordinary rally from its 2025 spinoff, leaving the shares more than 50% below their June peak and below key moving averages. Analysts and commentators warn that the retreat may reflect both profit-taking and a reset of overly optimistic expectations.

Sandisk Trading Down 14.2%

SNDK opened at $1,096.10 on Wednesday. Sandisk Corporation has a 12 month low of $40.10 and a 12 month high of $2,354.39. The company has a market cap of $162.32 billion, a PE ratio of 38.10 and a beta of 4.74. The company has a 50 day moving average of $1,747.20 and a 200 day moving average of $1,104.73.

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 (EPS) for the quarter, beating analysts’ consensus estimates of $14.17 by $9.24. The business had revenue of $5.95 billion for the quarter. Sandisk had a net margin of 34.19% and a return on equity of 44.06%. The company’s revenue was up 251.0% compared to the same quarter last year. During the same period in the previous year, the firm earned ($0.30) EPS. Sandisk has set its Q4 2026 guidance at 30.000-33.000 EPS. Research analysts forecast that Sandisk Corporation will post 64.52 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

SNDK has been the topic of a number of research reports. Citigroup lifted their price target on shares of Sandisk from $2,025.00 to $2,500.00 and gave the stock a “buy” rating in a report on Thursday, June 25th. Zacks Research downgraded Sandisk from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, July 1st. Evercore set a $3,100.00 target price on Sandisk in a research note on Monday, July 13th. UBS Group set a $1,700.00 price target on Sandisk in a research note on Monday, May 4th. Finally, Cantor Fitzgerald lifted their price objective on Sandisk from $1,800.00 to $2,900.00 and gave the stock an “overweight” rating in a report on Monday, June 8th. Two equities research analysts have rated the stock with a Strong Buy rating, eighteen have issued a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Sandisk has an average rating of “Moderate Buy” and a consensus target price of $1,811.38.

Get Our Latest Report on Sandisk

Insider Buying and Selling

In other Sandisk news, Director Necip Sayiner sold 579 shares of Sandisk stock in a transaction dated 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 transaction, the director owned 2,900 shares of the company’s stock, valued at $4,359,019. The trade was a 16.64% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Alper Ilkbahar sold 2,000 shares of the company’s stock in a transaction dated 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 in the company, valued at approximately $92,531,364.66. This represents a 3.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 6,225 shares of company stock valued at $10,166,297. 0.21% of the stock is owned by company insiders.

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.