Rakuten Investment Management Adds $29M in Sandisk Corporation ($SNDK)
Key Points
- Rakuten Investment Management changed its Sandisk Corporation ($SNDK) stake by 117.1% last quarter, boosting to 26,954 shares worth $54.14 million.
- Wall Street's consensus rating on $SNDK is Buy and an average price target of $1,751.32.
- $SNDK last traded around $2,008.57.
Rakuten Investment Management increased its position in Sandisk Corporation ($SNDK) by 117.1% during the most recent quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 26,954 shares of Sandisk Corporation after buying 14,537 shares during the quarter. Rakuten Investment Management's holdings in Sandisk Corporation were worth $54.14 million as of its most recent filing.
Sandisk Corporation ($SNDK) Stock
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About Sandisk Corporation
Sandisk Corporation develops, manufactures, and sells data storage devices and solutions using NAND flash technology in the United States, Europe, the Middle East, Africa, Asia, and internationally. The company offers solid state drives for desktop and notebook PCs, gaming consoles, and set top boxes; and flash-based embedded storage products for mobile phones, tablets, notebook PCs and other portable and wearable devices, automotive applications, Internet of Things, industrial, and connected home applications, as well as removable cards, universal serial bus drives, and wafers and components. It sells its products to computer manufacturers and original equipment manufacturers, datacenters, private cloud customers, cloud service providers, resellers, distributors, and retailers through its sales personnel, dealers, distributors, retailers, and subsidiaries. Sandisk Corporation was incorporated in 2024 and is based in Milpitas, California.
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