Diversify Wealth Management 13F: Adds $4.2M to SNDK Stake
Key Points
- Diversify Wealth Management boosted its Sandisk position by 186.2% during the quarter, picking up 2,996 shares to finish with 4,605 shares valued at about $6.4 million.
- Sandisk shares recently traded around $1,378.30, sitting well above their 200-day moving average ahead of upcoming earnings on October 29, 2026.
- The data storage maker shows strong profitability with a 56.5% net margin and trailing twelve month earnings of $73.76 per share.
Since the filing, $SNDK is up 0.9% to date (from the $1,365.38 close on Oct 20, 2026).
Get Sandisk text alerts
We text you when insiders, Congress, analysts or big funds move on $SNDK.
By entering your mobile number and tapping the sign-up button, you provide express written consent to receive recurring automated text messages from TradeTexts at that number, including stock alerts about SEC filings, insider and congress trades, analyst ratings, hedge fund moves, and earnings results. Consent is not a condition of any purchase. Message frequency varies. Messages are not investment advice. Message and data rates may apply. Reply HELP for help and STOP to opt out at any time. See our Terms and Privacy Policy.
Not investment advice. TradeTexts is not a registered investment adviser, and this automated Sandisk Corporation alert may contain errors. Disclosures
Diversify Wealth Management raised its stake in Sandisk Corporation (SNDK) by 186.2% during the period, according to a Form 13F filing disclosed on October 20, 2026. The fund bought an additional 2,996 shares of the computer hardware company, bringing its total ownership to 4,605 shares. The reported value of the holding reached about $6.4 million.
Diversify Wealth Management vs. the S&P 500
Hypothetical returns from Diversify Wealth Management's disclosed trades, not real profit or advice. How we model this.
What Changed in Diversify Wealth Management's Sandisk Position
The institutional investor previously held 1,609 shares of the company before acquiring the 2,996 additional shares. This sharp increase lifts the firm's total investment in the data storage provider to 4,605 shares.
Other Institutional Activity in Sandisk
Assenagon Asset Management S.A. grew its holdings by 207,051 shares, ending with 828,900 shares worth about $1.44 billion. Sumitomo Mitsui DS Asset Management Company grew its holdings by 18,517 shares, ending with 30,039 shares worth about $52.3 million. PensionDanmark Pensionsforsikringsaktieselskab acquired 24,296 shares to open a new position valued at roughly $42.3 million. ASR Vermogensbeheer N.V. added 16,713 shares to establish a new holding worth about $29.1 million. Y-Intercept cut all of its holdings, selling 8,149 shares to exit the position.
Sandisk Corporation Stock Up 0.9%
Sandisk shares recently traded around $1,378.30 as of October 22, 2026, up about 0.9% from the close of $1,365.38 on the filing date. The stock sits below its 50-day moving average of $1,600.92 but remains higher than its 200-day moving average of $1,227.35.
Recent Earnings
Sandisk Corporation reported trailing twelve month revenue of $20.25 billion alongside earnings of $73.76 per share. The company posted a net profit margin of 56.5% and a return on equity of 91.6%.
Insider Buying and Selling at Sandisk Corporation
Officer Bernard Shek sold 2,308 shares on September 8, 2026, for about $4.1 million. Chief Executive Officer David V. Goeckeler sold 33,838 shares on September 14, 2026, valued at about $51.7 million, and later sold 33,841 shares on September 17, 2026, valued at about $53.3 million. Chief Financial Officer Lomelin Luis Felipe Visoso sold 1,000 shares on September 15, 2026, for about $1.6 million.
Analysts Set New Price Targets
RBC Capital maintains a Sector Perform rating with a $1,600.00 price target. Wells Fargo maintains an Equal-Weight rating with a $1,550.00 price target. Mizuho maintains an Outperform rating with a $2,050.00 price target. Rosenblatt initiated coverage with a Buy rating and a $2,400.00 price target. The stock holds a consensus buy recommendation from 24 analysts with a mean price target of $2,173.00.
About Sandisk
Sandisk Corporation builds data storage devices and solutions using NAND flash technology for customers around the world. Headquartered in Milpitas, California, the hardware maker delivers memory products utilized across consumer and enterprise markets.
Bottom Line
Investors are keeping a close watch on the company as it prepares for its next earnings report on October 29, 2026. Institutional filings will continue to show how major asset managers adjust their exposure to the technology firm.
Source: Diversify Wealth Management's 13F filing on $SNDK (Oct 20, 2026). 13F filings show holdings as of the end of the reporting quarter and may not reflect the fund's current position. Written by software, not financial advice. How we make alerts