Sandisk Corporation (SNDK) reported fiscal first-quarter 2027 revenue of $11.031 billion, up 23% sequentially and 378% from a year earlier. GAAP net income was $8.101 billion, with diluted GAAP net income per share of $52.60 on a pre-split basis.
The company also announced an eight-for-one forward stock split effective November 19, 2026, and projected fiscal second-quarter revenue of $12.2 billion to $12.6 billion.
- GAAP basic net income per share was $55.49; diluted net income per share was $52.60.
- Datacenter revenue was $4.802 billion, up 61% sequentially; Edge revenue was $5.832 billion, up 7% sequentially.
- Sandisk repurchased approximately 3.2 million shares for $5.0 billion during the quarter.
- Fiscal second-quarter non-GAAP diluted net income per share guidance is $55.00 to $57.00 on a pre-split basis.
- The fiscal first quarter ended October 2, 2026.
$SNDK Insider Trading Activity
$SNDK insiders have traded $SNDK stock on the open market 73 times in the past 6 months. Of those trades, 0 have been purchases and 73 have been sales.
Here’s a breakdown of recent trading of $SNDK stock by insiders over the last 6 months:
- DAVID GOECKELER (Chairman & CEO) has made 0 purchases and 28 sales selling 67,679 shares for an estimated $104,972,834.
- ALPER ILKBAHAR (EVP & Chief Technology Officer) has made 0 purchases and 37 sales selling 7,112 shares for an estimated $11,397,901.
- BERNARD SHEK (Chief Legal Officer and Secty) has made 0 purchases and 6 sales selling 5,308 shares for an estimated $9,027,017.
- MICHAEL POKORNY (VP, Chief Accounting Officer) sold 2,446 shares for an estimated $3,488,436
- LUIS FELIPE VISOSO (EVP & CFO) sold 1,000 shares for an estimated $1,568,830
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$SNDK Hedge Fund Activity
We have seen 1,154 institutional investors add shares of $SNDK stock to their portfolio, and 681 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- FMR LLC removed 5,528,320 shares (-41.3%) from their portfolio in Q2 2026, for an estimated $12,569,907,033
- INVESCO LTD. added 4,445,122 shares (+381.5%) to their portfolio in Q2 2026, for an estimated $10,107,007,245
- JPMORGAN CHASE & CO added 3,941,436 shares (+inf%) to their portfolio in Q2 2026, for an estimated $8,961,761,276
- CLEAR STREET GROUP INC. added 1,758,809 shares (+143.6%) to their portfolio in Q2 2026, for an estimated $3,999,056,787
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 1,741,577 shares (+inf%) to their portfolio in Q2 2026, for an estimated $3,959,875,872
- D. E. SHAW & CO., INC. removed 1,531,092 shares (-73.2%) from their portfolio in Q2 2026, for an estimated $3,481,289,813
- RENAISSANCE TECHNOLOGIES LLC removed 794,588 shares (-99.4%) from their portfolio in Q2 2026, for an estimated $1,806,678,573
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$SNDK Congressional Stock Trading
Members of Congress have traded $SNDK stock 1 times in the past 6 months. Of those trades, 1 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $SNDK stock by members of Congress over the last 6 months:
- REPRESENTATIVE JOSH GOTTHEIMER purchased up to $15,000 on 05/07.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
