890 Shares in Sandisk Corporation $SNDK Acquired by January Capital Advisors LLC

Posted by Geri Gentry on Jul 31st, 2026

January Capital Advisors LLC acquired a new position in shares of Sandisk Corporation (NASDAQ:SNDK – Free Report) during the first quarter, HoldingsChannel.com reports. The institutional investor acquired 890 shares of the data storage provider’s stock, valued at approximately $565,000. Sandisk comprises 0.8% of January Capital Advisors LLC’s portfolio, making the stock its 27th largest holding.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Osaic Holdings Inc. bought a new stake in shares of Sandisk during the 2nd quarter valued at $317,000. Merit Financial Group LLC bought a new position in shares of Sandisk in the third quarter worth $408,000. Dimensional Fund Advisors LP bought a new position in shares of Sandisk in the third quarter worth $100,080,000. First Trust Advisors LP acquired a new position in Sandisk in the third quarter valued at about $9,788,000. Finally, Blair William & Co. IL acquired a new position in Sandisk in the third quarter valued at about $591,000.

Insider Activity at Sandisk

In related news, EVP Alper Ilkbahar sold 2,000 shares of Sandisk 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 transaction of $3,513,160.00. Following the sale, the executive vice president directly owned 52,677 shares of the company’s stock, valued at approximately $92,531,364.66. The trade was a 3.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Necip Sayiner sold 579 shares of Sandisk stock in a transaction that occurred on Friday, May 8th. The shares were sold at an average price of $1,503.11, for a total transaction of $870,300.69. Following the sale, the director directly owned 2,900 shares in the company, valued at $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 a total of 6,225 shares of company stock worth $10,166,297 over the last three months. 0.21% of the stock is owned by insiders.

Sandisk Stock Up 26.0%

Shares of SNDK stock opened at $1,279.96 on Friday. The business has a fifty day simple moving average of $1,734.42 and a 200 day simple moving average of $1,115.89. The company has a market cap of $189.55 billion, a P/E ratio of 44.49 and a beta of 4.74. Sandisk Corporation has a twelve month low of $40.10 and a twelve month high of $2,354.39.

Sandisk (NASDAQ:SNDK – Get Free Report) last released 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 firm had revenue of $5.95 billion for the quarter. Sandisk had a return on equity of 44.06% and a net margin of 34.19%.The business’s revenue was up 251.0% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.30) EPS. As a group, equities research analysts anticipate that Sandisk Corporation will post 64.52 earnings per share for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on SNDK shares. Barclays upgraded shares of Sandisk from an “equal weight” rating to an “overweight” rating and increased their price objective for the stock from $1,200.00 to $2,300.00 in a research note on Tuesday, May 26th. Bank of America boosted their target price on shares of Sandisk from $2,100.00 to $2,500.00 and gave the company a “buy” rating in a research report on Wednesday, July 1st. Weiss Ratings downgraded shares of Sandisk from a “buy (b-)” rating to a “hold (c+)” rating in a report on Tuesday, July 21st. Jefferies Financial Group reiterated a “buy” rating and set a $1,400.00 price target on shares of Sandisk in a research report on Friday, May 1st. Finally, UBS Group set a $1,700.00 price objective on shares of Sandisk in a research note on Monday, May 4th. Two research analysts have rated the stock with a Strong Buy rating, eighteen have given a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $1,811.38.

Read Our Latest Report on SNDK

Key Headlines Impacting Sandisk

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: AI spending optimism returned. Microsoft’s commitment to approximately $190 billion in capital expenditures helped ease concerns that cloud and AI infrastructure investment was slowing. The news lifted expectations for demand for data-center storage and memory products, including SanDisk’s enterprise NAND solutions. Microsoft Committed $190B CapEx and Pulled SanDisk Out of Their Slump
Positive Sentiment: Memory-sector supply conditions appeared more favorable. Samsung Electronics reported a significant increase in chip profit and signed multiyear supply agreements with data-center operators, while warning that chip shortages could persist through 2028. That supported a broader rebound in memory stocks and reinforced the potential for stronger pricing. Why Micron, SanDisk, SK Hynix and Other Memory Stocks Are Roaring Back
Positive Sentiment: Investors are positioning ahead of fiscal fourth-quarter earnings on August 5. Analysts cited the possibility of another earnings beat, with consensus estimates calling for roughly $33.38 per share in EPS. SanDisk has reportedly exceeded earnings and revenue expectations for five consecutive quarters, while long-term contracts and approximately $42 billion in commitments support visibility into future demand. SanDisk Stock Is Gaining Thursday: What’s Going On?
Neutral Sentiment: The rebound follows an extreme decline. SNDK had fallen roughly 57% from its peak and was considered deeply oversold, encouraging technical traders and investors seeking a recovery. However, the stock’s exceptionally high beta indicates that price swings may remain substantial. Is SanDisk Stock Crash Over?
Negative Sentiment: Risks remain significant. Morningstar reportedly sees the AI boom as potentially finite before a possible downturn, while investors continue to worry about Chinese competition, another NAND oversupply cycle and the stock’s elevated valuation. Earnings guidance and management’s outlook will be critical to determining whether the rebound can continue. SanDisk Falls 54%: Morningstar Sees Finite AI Boom

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.