Sandisk Corporation (SNDK): Renaissance Technologies Trims Stake

Sandisk Corporation (NASDAQ:SNDK) is simply a comparatively caller summation to the 13F portfolio of Renaissance Technologies. The money archetypal disclosed a involvement successful the institution successful the 2nd 4th of 2025. This presumption comprised 413,000 shares. In the adjacent quarter, the money added to this involvement by implicit 100%, increasing it to much than 835,000 shares. In the 4th fourth of 2025, different 44% summation was made to the position. Filings for the archetypal 4th of 2026 amusement that the money owned astir 800,000 shares successful the firm, down much than 33% compared to filings for the 4th fourth of 2025. Sandisk develops, manufactures, and sells information retention devices.

Sandisk Corporation (NASDAQ:SNDK) precocious posted Q3 FY26 gross of $5.95 billion, representing a 251% summation year-over-year compared to the $1.7 cardinal recorded successful the prior-year quarter. The institution generated diluted adjusted EPS of $23.41, obliterating Wall Street statement estimates of $14.36 by 63%. It posted a nett income of $3.62 billion, a profound displacement from a nett nonaccomplishment of $1.93 cardinal during the aforesaid play past year. The datacenter conception gross surged by 645% quarter-over-quarter. This exponential maturation was driven by unreality enlargement successful Asian endeavor markets and precocious traction crossed deep-learning workloads.

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