SBI Securities 13F: Cuts Sandisk (SNDK) Stake by $4.5M

SBI Securities trimmed its position in Sandisk Corporation SNDK by 2,614 shares during the quarter, according to a Form 13F filing submitted to the SEC on October 22, 2026. The adjustment left the firm with 11,172 shares valued at about $19.4 million. This marked an 19.0% decrease from the previous quarter's holding of 13,786 shares.

SNDK Sandisk Corporation

$1,260.93 ▲ +358.12% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Other Institutional Activity in Sandisk Corporation

Other large institutional investors also adjusted their positions in Sandisk Corporation SNDK recently. Diversify Advisory Services grew its holdings by 2,996 shares, ending with 4,605 shares worth about $6.4 million. Diversify Wealth Management also lifted its stake by 2,996 shares to hold 4,605 shares valued at roughly $6.4 million. Clear Street Group Inc. added 1,758,833 shares for a 143.6% increase, finishing with 2,983,392 shares worth about $3.7 billion. Situational Awareness LP grew its holdings by 1,355,241 shares, a 118.9% increase that brought its total to 2,495,344 shares valued at roughly $3.1 billion.

Sandisk Corporation Stock Down 8.5%

Sandisk Corporation SNDK closed at $1,248.24 on October 22, 2026, and recently traded around $1,344.44 as of that date, putting the price up about 7.7% since the filing. The stock trades below its 50-day moving average of $1,600.92 and above its 200-day moving average of $1,227.35. The shares sit 42.9% below their 52-week high of $2,354.39 and far above their 52-week low of $144.82.

Recent Earnings

Sandisk Corporation SNDK reported trailing-twelve-month revenue of $20.25 billion and earnings of $73.76 per share. The company posted a net profit margin of 56.5% and a return on equity of 91.6%. The company is scheduled to release its next earnings report on October 29, 2026.

Dividend

Sandisk Corporation SNDK pays no dividend, reporting a dividend payout ratio of 0.0% and a dividend yield of 0.0%.

Insider Buying and Selling at Sandisk Corporation

Company insiders executed several transactions prior to the filing. Officer Bernard Shek sold 2,308 shares on September 8, 2026, at an average price of $1,767.33 for a total value of $4.1 million. Chief Executive Officer David V. Goeckeler sold 33,838 shares on September 14, 2026, for a total value of $51.7 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 $1.57 million. Finally, Chief Executive Officer David V. Goeckeler sold 33,841 shares on September 17, 2026, for a total value of $53.3 million.

Analysts Set New Price Targets

Wall Street analysts updated their views on Sandisk Corporation SNDK across the quarter. RBC Capital maintained its sector perform rating while raising its price target from $1300.00 to $1600.00 on August 14, 2026. Wells Fargo maintained its equal-weight rating and lifted its target from $1400.00 to $1550.00 on the same day. Mizuho maintained an outperform rating on August 25, 2026, while adjusting its target from $1900.00 to $1875.00. Rosenblatt initiated coverage with a buy rating and a $2400.00 price target on September 22, 2026. Later, Mizuho maintained its outperform rating and raised its price target from $1875.00 to $2050.00 on October 6, 2026. Overall, the stock carries 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. The firm operates across the Americas, Europe, the Middle East, Africa, Asia, and international markets, providing memory and storage hardware for various computing and consumer electronics applications.

Bottom Line

Investors will look to the upcoming earnings report on October 29, 2026, for further updates on Sandisk Corporation SNDK and its financial trajectory.