SanDisk Shares Supported By These Big Investors in Q3

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently increased stock shares of SanDisk Corp. (NASDAQ:SNDK).

SEC data indicate that these institutions significantly increased their stock shares of SanDisk Corp. in Q3 2011:

  • MORGAN STANLEY: On 06/30/2011, held 0 shares. On 09/30/2011, held 4,255,937 shares, worth $171,769,617.
  • CHILTON INVESTMENT CO LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,680,921 shares, worth $67,841,972.
  • CAVALRY MANAGEMENT GROUP, LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,575,000 shares, worth $63,567,000.
  • FRIESS ASSOCIATES LLC: On 06/30/2011, held 0 shares. On 09/30/2011, held 1,199,600 shares, worth $48,415,856.

About the company: SanDisk Corporation supplies flash data storage products. The Company designs, manufactures, and markets industry-standard, solid-state data, digital imaging, and audio storage products using its patented, high-density flash memory and controller technology.

Competitors to Watch: Western Digital Corp. (NYSE:WDC), STEC, Inc. (NASDAQ:STEC), OCZ Technology Group Inc. (NASDAQ:OCZ), Micron Technology, Inc. (NASDAQ:MU), EMC Corporation (NYSE:EMC), Seagate Technology PLC (NASDAQ:STX), Imation Corp. (NYSE:IMN), Quantum Corporation (NYSE:QTM), Hutchinson Technology Inc. (NASDAQ:HTCH), and Apple Inc. (NASDAQ:AAPL).

(Note: Data regarding SanDisk Corp.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

Advantage: Check out our interactive stock charts, fundamentals, Twitter stream, and more >>

Improve Your 2011 Financial Health: Join the winning team of stock pickers with Wall St. Cheat Sheet’s acclaimed premium newsletter>>

More from The Cheat Sheet