Sandisk Corporation $SNDK Shares Purchased by Valliance Asset Management Ltd

Posted by Brian Himes on Sep 3rd, 2026

Valliance Asset Management Ltd grew its stake in Sandisk Corporation (NASDAQ:SNDK – Free Report) by 92.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 88,949 shares of the data storage provider’s stock after purchasing an additional 42,619 shares during the period. Sandisk comprises about 23.4% of Valliance Asset Management Ltd’s investment portfolio, making the stock its biggest position. Valliance Asset Management Ltd owned about 0.06% of Sandisk worth $202,246,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Osaic Holdings Inc. bought a new position in Sandisk during the second quarter valued at about $317,000. Merit Financial Group LLC acquired a new stake in shares of Sandisk during the 3rd quarter worth approximately $408,000. Dimensional Fund Advisors LP bought a new stake in shares of Sandisk during the third quarter valued at approximately $100,080,000. First Trust Advisors LP bought a new stake in shares of Sandisk during the third quarter valued at approximately $9,788,000. Finally, Blair William & Co. IL acquired a new position in shares of Sandisk in the third quarter valued at $591,000.

Sandisk Stock Performance

SNDK opened at $1,553.40 on Thursday. The firm has a market cap of $227.45 billion, a price-to-earnings ratio of 21.31, a PEG ratio of 0.15 and a beta of 5.17. The firm’s 50-day simple moving average is $1,565.94 and its 200-day simple moving average is $1,275.38. Sandisk Corporation has a twelve month low of $50.65 and a twelve month high of $2,354.39.

Sandisk (NASDAQ:SNDK – Get Free Report) last announced its quarterly earnings results on Wednesday, August 5th. The data storage provider reported $39.25 earnings per share (EPS) for the quarter, beating the consensus estimate of $33.28 by $5.97. The firm had revenue of $8.96 billion during the quarter. Sandisk had a net margin of 56.47% and a return on equity of 87.84%. The company’s revenue for the quarter was up 371.6% on a year-over-year basis. During the same period in the prior year, the business earned $0.29 earnings per share. Sandisk has set its Q1 2027 guidance at 44.000-46.000 EPS. As a group, sell-side analysts anticipate that Sandisk Corporation will post 208.92 EPS for the current fiscal year.

Sandisk declared that its Board of Directors has initiated a stock buyback plan on Wednesday, August 5th that allows the company to repurchase $14.00 billion in shares. This repurchase authorization allows the data storage provider to buy up to 6.6% of its stock through open market purchases. Stock repurchase plans are generally an indication that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

Several research analysts recently commented on SNDK shares. Wedbush reaffirmed an “outperform” rating and issued a $2,000.00 target price on shares of Sandisk in a research report on Friday, August 14th. UBS Group restated an “overweight” rating and issued a $1,750.00 price objective on shares of Sandisk in a research note on Friday, August 14th. Barclays raised shares of Sandisk from an “equal weight” rating to an “overweight” rating and raised their price objective for the stock from $1,200.00 to $2,300.00 in a report on Tuesday, May 26th. Morgan Stanley upped their target price on shares of Sandisk from $1,100.00 to $1,750.00 and gave the company an “overweight” rating in a research note on Wednesday, June 3rd. Finally, Evercore reissued an “outperform” rating on shares of Sandisk in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have given a Buy rating and two have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and an average price target of $1,998.14.

View Our Latest Analysis on SNDK

More Sandisk News

Here are the key news stories impacting Sandisk this week:

Positive Sentiment: Analysts and financial publications continue to highlight SanDisk as an AI data-center beneficiary, alongside NVIDIA, Micron and Lam Research. The investment thesis centers on rising demand for storage infrastructure as AI workloads expand. 4 Stocks to Buy Now to Ride the AI Data Center Spending Boom
Positive Sentiment: A bullish Seeking Alpha analysis upgraded SNDK to Strong Buy, citing extraordinary AI-fueled growth, potential operating leverage, long-term contracts and business models that could reduce the company’s historical cyclicality. SanDisk’s latest results showed revenue growth of 371.6% year over year and earnings well above consensus. Sandisk: Dirt Cheap For No Good Reason (Rating Upgrade)
Positive Sentiment: Another investor commentary argues that the market is underestimating SanDisk’s supply-and-demand advantage and the strength of the memory upcycle. Zacks also added SNDK to its Rank #1 Strong Buy list, reinforcing favorable near-term sentiment. There’s No Good Reason, Says Top Investor About SanDisk Stock
Neutral Sentiment: Comparisons with ARM emphasize SanDisk’s much larger revenue base and sharply faster recent sequential growth, while separate analysis warns that investors should not underestimate the cyclical nature of the memory industry. ARM vs. Sandisk
Negative Sentiment: Reports that China’s CXMT has made progress on an AI memory chip revived concerns that domestic Chinese competition could pressure SanDisk’s pricing, market share and future growth. MU and SNDK’s Nascent Rebound Faces a New Test
Negative Sentiment: Chip-tariff uncertainty, rising bond yields and a broader move away from high-risk technology assets pressured the shares in recent sessions. Commentary also noted that billionaire investor David Tepper exited during the earlier rally, underscoring concerns about volatility and profit-taking after the stock’s substantial advance. David Tepper Exited SanDisk During Its Historic Rally

Insider Buying and Selling at Sandisk

In other news, insider Bernard Shek sold 600 shares of Sandisk stock in a transaction that occurred on Tuesday, September 1st. The shares were sold at an average price of $1,525.60, for a total value of $915,360.00. Following the completion of the transaction, the insider owned 29,884 shares in the company, valued at approximately $45,591,030.40. The trade was a 1.97% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 1,800 shares of company stock worth $2,865,456 over the last three months. Company insiders own 0.21% of the company’s stock.

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.