President Trump is now 400% up on this AI memory stock trade

A regulatory filing disclosed that President Trump (or his managers) made at least six purchases of SanDisk (SNDK) between Jan. 6 and Mar. 25, totaling up to $245,000. Much of SNDK’s 2026 rally occurred after March 30; the article highlights individual buys (first at $349.63, largest $100,000 on Mar. 2 at $619.08) and calculates paper gains of roughly 400% (e.g., $349.63 → $1,831.50, a 423.84% rise). The piece notes potential market risk: analysts’ average 12‑month target (~$1,716.88) sits below the recent close, and the firm-level ratings are mixed, suggesting a possible summer correction despite strong prior performance. The story is market‑relevant as it links a high‑profile political investor’s disclosed trades to outsized short‑term equity moves and evolving Wall Street expectations.