PensionDanmark Pensionsforsikringsaktieselskab 13F: New $42M Stake in SNDK

PensionDanmark opened a new position in Sandisk Corporation (SNDK) by purchasing 24,296 shares during the period, according to a Form 13F filing with the SEC on October 19, 2026. The newly acquired holding carried an estimated value of $42.3 million at the close of the quarter.

SNDK Sandisk Corporation

$1,371.12 ▲ +398.15% year to date

1M 3M YTD

Daily close · Oct 19, 2026

What Changed in PensionDanmark's Sandisk Corporation Position

The institutional filing shows that the fund took a brand-new stake in the computer hardware maker. Because this is an initial purchase, there was no prior share count or percentage change to report. The 24,296 shares give the fund a fresh exposure to the company valued at $42,272,367.

Other Institutional Activity in Sandisk Corporation

Other large institutional investors also adjusted their positions in the stock during recent reporting periods. Clear Street Group Inc. grew its holdings by 1,758,833 shares, ending with 2,983,392 shares worth about $4.1 billion. Situational Awareness LP lifted its stake by 1,355,241 shares, finishing the period with 2,495,344 shares valued at roughly $3.4 billion.

Sandisk Corporation Stock Up 5.5%

Sandisk Corporation shares recently traded around $1,371.20 as of October 20, 2026, remaining close to the $1,371.12 close recorded on the filing date. The stock trades above its 200-day moving average of $1,216.38, though it sits below its 50-day moving average of $1,596.23. The share price is down about 41.8% from its 52-week high of $2,354.39 and well above its 52-week low of $142.76.

Recent Earnings

Sandisk Corporation reported strong recent financial results, posting $20.25 billion in trailing-twelve-month revenue alongside earnings of $73.76 per share. The company generated a net profit margin of 56.5% and a return on equity of 91.6%. Investors look ahead to the next earnings release scheduled for October 29, 2026.

Insider Buying and Selling at Sandisk Corporation

Company insiders executed several share sales in September 2026. On September 8, 2026, Officer Bernard Shek sold 2,308 shares at an average price of $1,767.33 for a total of $4.1 million. Chief Executive Officer David V. Goeckeler sold 33,838 shares on September 14, 2026, valued at $51.7 million, followed by another sale of 33,841 shares on September 17, 2026, worth $53.3 million. Chief Financial Officer Lomelin Luis Felipe Visoso sold 1,000 shares on September 15, 2026, at an average price of $1,568.83 for a total value of about $1.6 million.

Analysts Set New Price Targets

Wall Street research firms updated their outlooks on the stock ahead of the filing. On August 14, 2026, RBC Capital maintained its sector perform rating while raising its price target to $1,600.00 from $1,300.00. Wells Fargo maintained an equal-weight rating on August 14, 2026, lifting its target to $1,550.00 from $1,400.00. Mizuho maintained an outperform rating on August 25, 2026, adjusting its target from $1,900.00 to $1,875.00, and later maintained the outperform rating on October 6, 2026, while raising the target to $2,050.00. Rosenblatt initiated coverage with a buy rating and a $2,400.00 price target on September 22, 2026. Across 24 analyst opinions, the stock carries a consensus buy recommendation and a mean price target of $2,173.00.

About Sandisk Corporation

Sandisk Corporation develops, manufactures, and sells data storage devices and solutions utilizing NAND flash technology. Headquartered in Milpitas, California, the company serves customers across the Americas, Europe, the Middle East, Africa, and Asia. Its hardware components support everything from consumer electronics to large-scale enterprise data centers.

Bottom Line

Investors are keeping an eye on Sandisk Corporation as it approaches its next earnings report on October 29, 2026. The new position from PensionDanmark adds to notable institutional interest in the computer hardware firm amidst active insider transactions and shifting analyst targets.