21,979 Shares in Sandisk Corporation $SNDK Purchased by Cantor Fitzgerald L. P.

Cantor Fitzgerald L. P. purchased a new stake in shares of Sandisk Corporation (NASDAQ:SNDK) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 21,979 shares of the data storage provider’s stock, valued at approximately $2,466,000.

Several other institutional investors have also recently made changes to their positions in the stock. Mitsubishi UFJ Asset Management Co. Ltd. bought a new stake in shares of Sandisk during the 3rd quarter worth approximately $27,000. CVA Family Office LLC bought a new position in shares of Sandisk in the third quarter valued at $28,000. Parallel Advisors LLC acquired a new position in Sandisk during the third quarter worth $30,000. Northwestern Mutual Wealth Management Co. acquired a new position in Sandisk during the third quarter worth $32,000. Finally, Covestor Ltd acquired a new position in Sandisk during the third quarter worth $37,000.

Sandisk News Roundup

Here are the key news stories impacting Sandisk this week:

• Positive Sentiment: KGI Securities initiated coverage with an “Outperform” rating and a $992 price target (~31.6% above current levels), providing fresh analyst support and a clear upside anchor for the stock. KGI starts coverage on Sandisk
• Positive Sentiment: SanDisk announced multi‑year AI data‑center supply deals, a revenue‑visibility development that underpins durable NAND demand and supports margin expansion. Sandisk Is Up After Locking In Multi‑Year AI Data Center Supply Deals
• Positive Sentiment: Analyst and commentary pieces highlight a sustained AI‑driven NAND boom: gross margins have jumped (management guided 65–67% next quarter), and consensus FY2027 EPS expectations point to still‑reasonable multiples — all supporting further upside if execution continues. SanDisk’s Quiet AI Boom Could Still Surprise Investors
• Positive Sentiment: Reports of “big money” institutional buys and persistent inflows are fueling momentum; that flow dynamic amplifies price moves and investor interest. See SanDisk Rise on Big Money Buys
• Positive Sentiment: SNDK is being flagged as one of the S&P 500’s top performers year‑to‑date, which attracts momentum traders and benchmark investors. The S&P 500’s 3 Best-Performing Stocks So Far in 2026
• Neutral Sentiment: Several media pieces dig into the Q4 results and what’s driving performance (useful for fundamentals context but not new catalyst news). What makes Sandisk a strong performer in Q4?
• Neutral Sentiment: General market/strategy pieces (Zacks) and short notes on market rallies reference Sandisk as an example of momentum — useful background but not direct company news. 3 First Principles for Mastering the Market Seeking Big Gains? 3 Key Traits
• Neutral Sentiment: Market‑wide rallies and short‑term sentiment trends (social media, broader relief rallies) have helped lift SNDK alongside peers. Sandisk Climbs, Mirrors Market Rally
• Negative Sentiment: Significant insider sales and large institutional reductions (e.g., major asset managers trimming multi‑million share positions) were reported — these moves can cap upside, increase supply pressure and raise volatility despite positive fundamentals. Social‑media‑driven trading and recent sharp rallies also prompt warnings about profit‑taking. QuiverQuant: Opinions on 50% Weekly Surge (insiders & institutions)

Insider Activity at Sandisk

In related news, Director Miyuki Suzuki sold 3,500 shares of the firm’s stock in a transaction dated Wednesday, February 25th. The shares were sold at an average price of $627.53, for a total transaction of $2,196,355.00. Following the transaction, the director directly owned 9,907 shares of the company’s stock, valued at approximately $6,216,939.71. This trade represents a 26.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of analysts have commented on the stock. Barclays increased their price target on shares of Sandisk from $385.00 to $750.00 and gave the company an “equal weight” rating in a research note on Monday, February 2nd. Morgan Stanley set a $690.00 target price on shares of Sandisk in a report on Friday, January 30th. The Goldman Sachs Group raised their target price on shares of Sandisk from $320.00 to $700.00 and gave the company a “buy” rating in a research note on Friday, January 30th. Susquehanna boosted their price target on Sandisk from $250.00 to $300.00 and gave the stock a “positive” rating in a research report on Monday, December 8th. Finally, Cantor Fitzgerald upped their price objective on Sandisk from $550.00 to $800.00 and gave the company an “overweight” rating in a research note on Friday, January 30th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Sandisk has a consensus rating of “Moderate Buy” and a consensus target price of $564.24.

Sandisk Stock Performance

NASDAQ:SNDK opened at $753.69 on Thursday. The stock has a 50 day simple moving average of $565.08 and a 200 day simple moving average of $313.59. The stock has a market cap of $111.24 billion and a P/E ratio of -99.30. Sandisk Corporation has a 1-year low of $27.89 and a 1-year high of $761.52. The company has a current ratio of 3.11, a quick ratio of 1.92 and a debt-to-equity ratio of 0.06.

Sandisk (NASDAQ:SNDK) last posted its quarterly earnings data on Thursday, January 29th. The data storage provider reported $6.20 earnings per share for the quarter, topping the consensus estimate of $3.31 by $2.89. Sandisk had a positive return on equity of 10.11% and a negative net margin of 11.66%.The firm had revenue of $3.03 billion for the quarter, compared to analysts’ expectations of $2.67 billion. The business’s revenue was up 61.2% compared to the same quarter last year.

About Sandisk

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.