Sandisk EVP & CFO Luis Visoso sells $1.57 million in stock
Sandisk Corporation's Executive Vice President and Chief Financial Officer, Luis Felipe Visoso, sold 1,000 shares of the company's common stock on September 15, 2026. The transaction amounted to $1,568,830, with each share priced at $1,568.83. This sale was executed in accordance with a pre-approved Rule 10b5-1 trading plan, initiated by Mr. Visoso on May 22, 2026.
Post this transaction, Mr. Visoso directly owns 130,976 shares of Sandisk common stock. Despite the recent 10% decline in SANDK stock over the past week, it has delivered impressive returns of 1,518% over the past year. Experts believe the stock is currently undervalued, with potential for upside. Sandisk's financial health is rated as Excellent by Moody's, which has also upgraded the company's corporate family rating to Ba1.
Analysts project continued growth in revenues, profits, and free cash flow in the coming months, driven by AI-related data center spending.
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