J.W. Cole Advisors Inc. Takes $1.90 Million Position in Sandisk Corporation $SNDK

J.W. Cole Advisors Inc. has acquired a new position in Sandisk Corporation (NASDAQ:SNDK), purchasing 16,929 shares valued at approximately $1.90 million during the third quarter. Other institutional investors also increased their stakes in Sandisk. The company recently reported strong quarterly earnings, beating estimates with a revenue of $3.03 billion, up 61.2% year-over-year. Analysts have raised revenue forecasts for Sandisk, citing increased demand driven by AI data-center needs. However, the stock has experienced significant volatility, with warnings of potential intraday swings and pullbacks.