Sanmina (NASDAQ:SANM) CFO Sells $1,604,947.50 in Stock

Sanmina Corporation (NASDAQ:SANM) CFO Jonathan Faust sold 10,075 shares of the firm’s stock in a transaction that occurred on Tuesday, February 24th. The shares were sold at an average price of $159.30, for a total value of $1,604,947.50. Following the completion of the sale, the chief financial officer directly owned 87,076 shares of the company’s stock, valued at approximately $13,871,206.80. The trade was a 10.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Sanmina Stock Performance

Shares of SANM stock traded up $3.15 during trading on Wednesday, reaching $161.32. 671,933 shares of the company’s stock were exchanged, compared to its average volume of 866,090. The firm’s fifty day moving average price is $155.58 and its 200-day moving average price is $142.25. Sanmina Corporation has a twelve month low of $63.67 and a twelve month high of $185.29. The stock has a market capitalization of $8.81 billion, a PE ratio of 38.50, a PEG ratio of 0.67 and a beta of 1.04. The company has a quick ratio of 1.04, a current ratio of 1.70 and a debt-to-equity ratio of 0.75.

Sanmina (NASDAQ:SANM) last released its quarterly earnings data on Monday, January 26th. The electronics maker reported $2.38 EPS for the quarter, topping analysts’ consensus estimates of $2.15 by $0.23. The firm had revenue of $3.19 billion during the quarter, compared to analysts’ expectations of $3.09 billion. Sanmina had a net margin of 2.47% and a return on equity of 13.06%. The company’s revenue for the quarter was up 59.0% compared to the same quarter last year. During the same period in the previous year, the business posted $1.16 earnings per share. Sanmina has set its Q2 2026 guidance at 2.250-2.550 EPS. As a group, sell-side analysts anticipate that Sanmina Corporation will post 5.15 EPS for the current year.

Wall Street Analyst Weigh In

SANM has been the topic of several research analyst reports. Zacks Research raised shares of Sanmina from a “hold” rating to a “strong-buy” rating in a report on Tuesday, February 3rd. Wall Street Zen downgraded Sanmina from a “strong-buy” rating to a “buy” rating in a research report on Sunday, November 16th. Finally, Argus lifted their price target on Sanmina to $200.00 and gave the stock a “buy” rating in a report on Wednesday, January 28th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating and one has issued a Hold rating to the company. Based on data from MarketBeat, Sanmina currently has an average rating of “Buy” and a consensus price target of $160.00.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in SANM. Invesco Ltd. raised its position in shares of Sanmina by 74.6% in the third quarter. Invesco Ltd. now owns 2,185,652 shares of the electronics maker’s stock valued at $251,590,000 after buying an additional 933,974 shares in the last quarter. Norges Bank acquired a new stake in Sanmina during the fourth quarter worth approximately $101,751,000. Vaughan Nelson Investment Management L.P. bought a new position in Sanmina during the 3rd quarter worth $61,946,000. Fisher Asset Management LLC raised its holdings in Sanmina by 289.6% in the 4th quarter. Fisher Asset Management LLC now owns 650,173 shares of the electronics maker’s stock valued at $97,571,000 after acquiring an additional 483,312 shares in the last quarter. Finally, Marshall Wace LLP raised its holdings in Sanmina by 520.3% in the 4th quarter. Marshall Wace LLP now owns 428,519 shares of the electronics maker’s stock valued at $64,308,000 after acquiring an additional 359,441 shares in the last quarter. 92.71% of the stock is owned by institutional investors.

Sanmina Company Profile

Sanmina Corporation is a leading global electronics manufacturing services (EMS) provider specializing in the design, production and end-to-end supply chain solutions for complex electronic products. Founded in 1980, the company has built a reputation for delivering high-reliability manufacturing across a wide range of industries, including communications, computing, aerospace and defense, medical, automotive and industrial sectors.

Sanmina’s core offerings encompass product design and engineering support, precision PCB fabrication and assembly, system integration, testing, and final system deployment.