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SanDisk CEO sells $51.7M in shares amid record insider stock sales in September

Market News
17 Sep 2026
Finbold
View Source
Bearish
SanDisk CEO sells $51.7M in shares amid record insider stock sales in September

SanDisk's CEO David Goeckeler sold 33,838 shares worth $51.7 million on September 14, marking his first-ever stock sale and the largest insider sale on record for the company. Insider sales surged in September, with over $60 million sold, a 360% increase from earlier in the year. This spike in insider selling coincides with a recent 35% decline in SanDisk's stock price after a strong rise earlier in 2026. Concerns about a slowdown in AI development, a key growth driver for SanDisk, may be influencing insider sentiment and market performance going forward.

SanDisk shares trade at USD 1,548.58 on Pluang as of Sep 17, 2026 17:31 WIB, up 1.88% in the last day. The stock's market cap stands at $222.55 billion with a 41% sell and 59% buy order split. Despite recent insider selling, typical hold time on Pluang remains short at 1 day, indicating active trading.

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