SanDisk CEO David Goeckeler sold over 67,000 shares in September, raising more than $104 million from insider sales. Despite this significant insider selling, Wall Street analysts remain bullish on SanDisk stock, rating it a 'Strong Buy' with an average price target suggesting a 24% gain over the next year. The CEO's sales follow the company's recent spin-off from Western Digital, but experts do not see the insider activity as a bearish signal due to strict U.S. regulations on insider trading. Optimism is further supported by positive analyst revisions citing growth potential from AI-driven NAND Flash technology.
As of Sep 22, 2026 17:21 WIB, SanDisk (SNDK) trades at USD 1,769.14 on Pluang with a slight 1-day increase of 0.14%. The stock shows a balanced investor interest with 57% buy orders versus 43% sell orders. Despite the CEO's recent large insider sales, SanDisk maintains a strong market presence with a market cap of $258.67 billion.
SanDisk and Micron shares rose about 3% as their memory chip supply is contracted years in advance, insulating them from the broader tech market's softness. Western Digital, which focuses more on hard disk drives, lagged with a 1% decline, highlighti...
SanDisk's stock has fallen over 7% in early October and is down 4.46% over the past month, yet Wall Street analysts maintain strong confidence. Mizuho raised its 12-month price target to $2,050, citing AI developments as a growth driver, while Bernst...
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Sandisk holds a $93.9 billion contract backlog supported by $16.5 billion in financial guarantees and has already received $2.5 billion, reflecting strong customer commitment. The company projects an adjusted free cash flow of $8.74 billion for fisca...
The Fidelity Value Factor ETF (FVAL) focuses on fast-growing technology companies that currently trade at lower valuations compared to their historical averages. With a forward price-to-earnings ratio of 15, FVAL is more attractively priced than trad...
