Amanah Holdings Trust 13F: Exits Sandisk (SNDK) Stake

Amanah Holdings Trust closed out its position in Sandisk Corporation SNDK, selling all 250,000 shares it held according to a Form 13F filing with the SEC on October 23, 2026. The complete exit wiped out the trust's entire holding in the data storage equipment maker. Sandisk Corporation closed at $1,238.03 on the filing date.

SNDK Sandisk Corporation

$1,238.03 ▲ +349.80% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Amanah Holdings Trust's Sandisk Corporation Position

Amanah Holdings Trust parted ways with its entire stake in Sandisk Corporation SNDK during the quarter. The fund's prior report showed 250,000 shares in the computer hardware company. By the time of the October 23, 2026 filing, the share count dropped to zero after a reduction of 250,000 shares.

Other Institutional Activity in Sandisk Corporation

Other large funds adjusted their stakes in Sandisk Corporation around the same time. Yousif Capital Management trimmed its holdings by 572 shares to end with 13,047 shares worth about $22,700,345. Clear Street Group Inc. grew its holdings by 1,758,833 shares, ending with 2,983,392 shares worth about $3,693,528,885. Situational Awareness LP grew its holdings by 1,355,241 shares, ending with 2,495,344 shares worth about $3,089,310,805.

Sandisk Corporation Stock Down 10.2%

Sandisk Corporation recently traded around $1,237.64 as of October 24, 2026. The stock sits about 47.4% below its 52-week high of $2,354.39 and trades roughly 0.5% above its 200-day moving average of $1,231.91.

Recent Earnings

Sandisk Corporation reported $20,248,000,512.0 in trailing-twelve-month revenue with a net profit margin of 56.5% and a return on equity of 91.6%. The company holds an earnings per share total of $73.76 over the same period. The business is scheduled to release its next financial update on October 29, 2026.

Insider Buying and Selling at Sandisk Corporation

Company insiders completed several transactions prior to the filing. Officer Bernard Shek sold 2,308 shares on September 8, 2026, at a price of $1,767.33 for a total value of $4,078,998. Chief Executive Officer David V. Goeckeler sold 33,838 shares on September 14, 2026, worth $51,700,130. Chief Financial Officer Lomelin Luis Felipe Visoso sold 1,000 shares on September 15, 2026, at a price of $1,568.83 for a total value of $1,568,830. Chief Executive Officer David V. Goeckeler sold 33,841 shares on September 17, 2026, worth $53,272,704.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock. On August 14, 2026, RBC Capital maintained a Sector Perform rating and raised its target to $1,600.00 from $1,300.00. On the same day, Wells Fargo maintained an Equal-Weight rating and raised its target to $1,550.00 from $1,400.00. Mizuho maintained an Outperform rating on August 25, 2026, with a target of $1,875.00. Rosenblatt initiated coverage with a Buy rating and a $2,400.00 target on September 22, 2026. Later, on October 6, 2026, Mizuho maintained an Outperform rating and raised its target to $2,050.00. The stock currently holds a consensus Buy recommendation from 24 analysts with a mean price target of $2,173.00.

About Sandisk Corporation

Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the Americas, Europe, the Middle East, Africa, Asia, and internationally. The business provides hardware that powers modern computing, mobile devices, and server infrastructure. Institutional holdings shifts like this one occur as large managers rebalance portfolios ahead of corporate earnings announcements.

Bottom Line

Investors will watch closely when Sandisk Corporation reports earnings on October 29, 2026. The upcoming results will offer fresh details on flash memory demand and profit margins.