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.)
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