SanDisk (SNDK) stock has rallied 165% year-to-date, driven by solid demand for the company’s flash storage memory solutions amid the ongoing artificial intelligence (AI) boom. Last month, SanDisk announced market-crushing earnings for the second quarter of Fiscal 2026. The company is seeing solid pricing momentum, given tight supply and robust demand for storage in data centers.
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Forget margin or options. Here's how the pros trade SNDKNow, according to TipRanks’ Ownership Tool, public companies and individual investors own 53.5% of SanDisk. They are followed by ETFs, mutual funds, other institutional investors, and insiders at 23.28%, 20.52%, 2.10%, and 0.60%, respectively.
Digging Deeper into SanDisk’s Ownership Structure
Looking closely at the top shareholders, Vanguard owns the highest stake in SanDisk at 10.05%, followed by Vanguard Index Funds with a 7.61% holding.
Among the top ETF holders, the Vanguard Total Stock Market ETF (VTI) owns a 2.96% stake in SNDK, while the Vanguard S&P 500 ETF (VOO) holds 2.39%.
Moving to mutual funds, Vanguard Index Funds holds about 7.61% of SanDisk. Meanwhile, Fidelity Mt. Vernon Street Trust owns 6.58% of the company.
Is SNDK a Good Stock to Buy?
Currently, Wall Street has a Moderate Buy consensus rating on SanDisk stock based on 11 Buys and four Holds. The average SNDK stock price target of $637.33 indicates a modest upside potential of 1.1% following a stellar rally so far this year.
